I graduated from IIT in April 2004. Till then the bug of Finance didnt hit the Indian market. I remember majority of students at that point in time wanted to go into consulting firms such as Capital One, Mckinsey, BCG etc. These firms were very selective (and believe they still are) and mostly who got chance for their interview were top performers in their class. I guess majority of the students must not have heard or know very little about financial firms like Goldman Sachs, Lehman etc.
Time changed and I remember in just one year, ie 2005, students started getting hired by GS, Lehman, MS etc from IIT Bombay campus. I believe Lehman hired close to 25 students in 2005. Career prospective changed and because of the high paying nature, financial institutions probably became the first class choice of the elites (and non elites :P ).
Time changed and I remember in just one year, ie 2005, students started getting hired by GS, Lehman, MS etc from IIT Bombay campus. I believe Lehman hired close to 25 students in 2005. Career prospective changed and because of the high paying nature, financial institutions probably became the first class choice of the elites (and non elites :P ).
