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Wharton wars The Running of the
Bulls
Right from its
foundation in 1881 till today, Wharton has pioneered innovative business
curricula and launched the careers of thousands of Wall Street titans
and Fortune 500 tycoons like Comcast CEO Brian Roberts, Revlon CEO Ron
Perelman and a real estate magnate Donald Trump. Every year, nearly
five hundred of the world’s best and brightest students enter this
school, where for the next four years, they competing with their
classmates in rigorous tests, burn midnight oil, study financial models,
do summer industrial training and finish group projects to perfection
with the leading industries.`A0Their placement is mostly in investment
banks like Goldman Sachs and Lazard Freres and consulting firms like
McKinsey and Bain on salaries more than six figure in dollars each.`A0
`A0 Nicole Ridgway, a financial reporter, has comprehensively takes the
readers into the Class of 2004’s recruiting season, as seen through
the eyes of seven seniors with diverse backgrounds and career paths. She
gives the classical picture of the son of an Indian glass manufacturer,
who has the difficult task of choosing between accepting an offer from a
prestigious American consulting firm and returning home to family
business. An African–American woman from suburban Washington DC
sacrifices her social life to become not only the first in her family to
graduate from the college but also become the envy of her peers as
Goldman Sachs analyst. A young entrepreneur from Philadelphia had to
decide if he should forego the high pay and hundred-hour workweek of
I-banking to take a position that would give him enough freedom to
develop his dream company.`A0 Students from this school have to undergo
a high-pressure interview, in which the recruiters test them through
arduous mathematical terms or harp on nano-errors that creep in their
"near-perfect" resumes due to the crush of the coursework or
extra career commitments. They will then select a job that will either
put them on the fast track to success or lead their nascent career to a
dead end. This book is useful for industrialists and for the students
of business management, who want to become entrepreneurs or get jobs in
the MNCs.
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This is a fascinating book, which takes you inside the
Wharton School, where the elite graduates of modern times compete to
become the business leaders of tomorrow. The Wharton School of the
University of Pennsylvania is the prestigious postgraduate business
institute in the United States. Its postgraduate programme is considered
equivalent to an MBA by most financial institutions.