For all the skeptics who are wondering about Financial Industry and the lower demand for Finance Job among MBAs post 2008, the latest employment report released by MIT Sloan School of Management will be an eye opener. 
The percentage of the class who has opted for Finance Jobs has increased from 21.5% in 2010 to 24.3% in 2012. During the same time, the net growth in a traditionally preferred job function – Consulting and Strategic Planning, is just 0.9%.
The trend is influenced by the increase in the base salary for Finance Jobs. If you look at the most popular Finance job functions and the median salary, financial analyst leads the market with a median salary of $122,500 while the lowest salary in the group is tied between three functions: Sales & Trading, Wealth Management, and Investment Banking at $100,000.
Analysis $122,500
Investment Banking $100,000
Investment Management $115,000
Wealth Management $100,000
Sales & Trading $100,000
About the Author
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