Are graduates from top universities nowadays mostly driven by money?
It can be observed that many Oxbridge, UCL and Imperial College graduates applied to management consultancy firms and investment banks to kick start their careers. It is known that working in these firms is very taxing physically and mentally and also involves extremely long hours and sometimes even weekends. Is money the main motivation for them to do so?
Are graduates from top universities nowadays mostly driven by money?Yes because... No because...
Graduates go for prestige and expected career paths, and are not merely motivated by money
We live a capitalist society where monetary incentive is the main motivator for almost everything. We try to fight it but in the end we have to fend for yourselves and a nice, stable paying job is the next best thing to being a billionaire entrepreneur.
'Out of work' stress in this day and age, is much worse than work stress. More unemployed frustrated adults commit suicide and other fatal desperate crimes than Investment Bankers do.
Money-ed people commit fraud or make illegal financial transactions or make off with other people's money(like Madoff): Crimes that are also money motivated like their jobs.
It is not the job at Goldman Sachs that's depressing or taxing and/or the rest of it. It is losing THAT job.
Graduates with excellent grades especially those from top universities sometimes feel pressured to enter careers that they are not really interested in. Family and peer pressures, as well as societal expectation lead them to go for safe and secured careers which promise good pay and benefits, though they are not really after the benefits package. Having titles such as "Investment Banker", "Management Consultant", "Business Analyst" and "Financial Analyst" certainly sound more glamorous and prestigious than "Teacher", "PhD Student", "Researcher" or "Administrator". This is especially true for graduates from elite universities as they have to justify their choice of careers.