Elite MBA Programs Report Steep Drop in Applications

Re:Elite MBA Programs Report Steep Drop in Applications by duxup on Tuesday October 15, 2019 @09:47AM (#21258277)

There were some good articles that seemed to indicate a serious imbalance in the number of high quality students headed to Wall St. to play with numbers and get rich there there, and in theory this was to the determent of the rest of the economy where their skills were not producing anything.

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Re:Elite MBA Programs Report Steep Drop in Applications by kyle_v on Tuesday October 15, 2019 @10:02AM (#21258408)

"where their skills were not producing anything"

If this is the case why do so many companies seek going public?

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Re:Elite MBA Programs Report Steep Drop in Applications by rswail on Tuesday October 15, 2019 @10:09AM (#21258489)

Becoming a public company is a way to get equity investment. That is the purpose of the stock market. It was the original purpose of "investment banks" as opposed to "retail banks".

However, that is not what the bankers of Wall Street now focus on, they are more involved in producing "financial products", packaging arcane structures primarily to encourage trading and thus fees from mindless turnover.

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Re:Elite MBA Programs Report Steep Drop in Applications by sailfast on Tuesday October 15, 2019 @10:32AM (#21258794)

Packaging arcane structures and securitizing them has a huge impact on overall risk in the market and enables pretty significant cost reductions downstream (generally) in the markets that can offload the risk via the security.

I understand there are bad actors as well as people making the trades that make money, but there is also an underlying reason the trades get made, typically that is often discounted by your argument and should be factored in.

The reason we can click a button and get a loan is because it is not extremely risky for the company to make the loan, because of said instruments (as an example)

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Re:Elite MBA Programs Report Steep Drop in Applications by aswanson on Tuesday October 15, 2019 @10:15AM (#21258554)

There is a bloat of capital seeking any and all possibility for growth. Even money-destroying companies are going public because growth-chasing has become so desperate.

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Re:Elite MBA Programs Report Steep Drop in Applications by tossaway1717 on Tuesday October 15, 2019 @10:19AM (#21258619)

Do they?

==About 3,600 firms were listed on U.S. stock exchanges at the end of 2017, down more than half from 1997.==

https://www.bloomberg.com/opinion/articles/2018-04-09/where-...

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Re:Elite MBA Programs Report Steep Drop in Applications by MiroF on Tuesday October 15, 2019 @10:15AM (#21258559)

"If this is the case why do so many companies seek going public?"

Do you think the majority of people working in Wall St are involved in IPO value creation?

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