Grads paying to work for free...

The Financial industry is cutthroat, especially if you want to join big banks. If you don't have A*s at A levels and a first from oxbridge, you're practically screwed(at least that is what I'm constantly told). Even then, its not enough, work experience may be used to filter out applicants, which invariably creates a high demand for internships. That's probably why banks/financial companies can charge for internships.

This is such a lie. I know plenty of people in that sector with none of those things. One even has a 2:2.

Can't believe I made that post 6 weeks ago. Time really flies. Well, to be honest with you, all that I mentioned in that post was what I gathered from TSR. I do not really have much experience on this, so I relied on hearsay on this forum. People on here constantly say go Oxbridge to get in to big banks, and that there are a list of target unis that banks choose from. So, from all that I derived that if you go to a uni which is not a target nor a semi target then you are f***ed. Talk to people like Abdul Karim and all those TSRians interested in working for big banks, and you'll see where I got those ideas from. Then there were whole threads on having a 2:2 being pretty much useless, where I tried to defend the position of 2:2 being still a lot better than not having a degree at all, and I was told I was wrong, as they pointed out that 75% of big companies use the filter of 2:1 and above.

What I said in my previous post was basically echos of what some people on TSR constantly tell others, and really influenced my thinking when I was writing that post. Looking back at the post, I do not really agree with it either. I believe that all graduates do stand a chance no matter which uni they come from, or what their grades were, to go into the financial industry.

If it's alright with you, I would like to retract what I said in the previous post. I do agree with your view point but some people on here would say otherwise.

****ing sad state our society is in now. Paying for the privilege of being able to sell ourselves as slaves to work for the gain of others. **** capitalism.

Can't believe I made that post 6 weeks ago. Time really flies. Well, to be honest with you, all that I mentioned in that post was what I gathered from TSR. I do not really have much experience on this, so I relied on hearsay on this forum. People on here constantly say go Oxbridge to get in to big banks, and that there are a list of target unis that banks choose from. So, from all that I derived that if you go to a uni which is not a target nor a semi target then you are f***ed. Talk to people like Abdul Karim and all those TSRians interested in working for big banks, and you'll see where I got those ideas from. Then there were whole threads on having a 2:2 being pretty much useless, where I tried to defend the position of 2:2 being still a lot better than not having a degree at all, and I was told I was wrong, as they pointed out that 75% of big companies use the filter of 2:1 and above.

What I said in my previous post was basically echos of what some people on TSR constantly tell others, and really influenced my thinking when I was writing that post. Looking back at the post, I do not really agree with it either. I believe that all graduates do stand a chance no matter which uni they come from, or what their grades were, to go into the financial industry.

If it's alright with you, I would like to retract what I said in the previous post. I do agree with your view point but some people on here would say otherwise.

No offence, but to get into the BBs or Law firms you need a 2:1+ if you're coming out as a grad. To get your foot in the door you should preferably attend a target/semi-target unless you have extremely good connections and ECs. However, the latter are the exception to the rule.

For instance, I was at an AC and all the candidates there were from targets/semis. From what I recall there were students from the following institutions:

Oxbridge / LSE / Bristol / Cass / Manchester