Markets crimp plans of would-be investment bankers - The Boston Globe

Markets crimp plans of would-be investment bankers - The Boston Globe:

"There are still opportunities in finance,' said Bakewell, who ended up taking the summer spot under JPMorgan Chase. 'You can't just change your whole career path. I can't imagine trying to do a complete 180 just based on recent events.'

There were a few more jangled nerves in the immediate aftermath of the September turmoil that toppled the remaining independent investment banks. Faculty and administrators at numerous business schools describe their second-year MBA students in particular as stunned or even panicked initially.

Students are starting to accept the new reality, school officials say, although many are reviewing their options and looking at smaller firms in different areas or even at different fields."