I’m always on the lookout for some new recruiting advantages
for Columbia football, and I think we have a good one in today’s news.
It turns out that JP Morgan and Bank of America are boosting salaries for their junior banker
employees by as much as 20%. Other firms
are expected to follow suit. That means first-year analysts can now expect to
make about $85,000 per year BEFORE bonuses.
Columbia doesn’t have the corner on putting its athletics
grads into the banking sector on Wall Street, but it is still a dominant career
choice and opportunity for young Lions. And our location in NYC makes it a lot
easier to interview and intern at these firms. This is good news for our
players and our recruiters should be armed with this knowledge when they make
their pitches about Columbia football.
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