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Big tech takes over as MBA graduates shun banking careers

Graduates from the world’s top 10 business schools are 40 per cent less likely to choose a career in banking than they were before the multibillion-dollar losses, trading scandals and shrinking pay packets of the past few years.

Analysis by the Financial Times of the career paths of graduates from the top 10 MBA programmes shows just 10.6 per cent are now choosing banking as a career compared with 17.4 per cent in 2008.

The 6.8 percentage point drop translates into a 40 per cent difference in banking’s popularity before and after the financial crisis.

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