The latest poll of 2,300 investment bankers by eFinancialCareers, the UK-based global financial careers website, shows bankers would do almost anything to stay in the industry that has brought them so much wealth if they were they to lose their jobs tomorrow.
Of those polled, 34% said they would be prepared to relocate immediately to an investment banking non-entity simply to stay in the business. Furthermore, over 32% said they would effectively look to sit out the current financial storm by going back to college: 20% to do an MBA and 12% to pursue an MSc degree.
Only a minority -15% - claimed they would use the opportunity to swap the pressures of the City for a quiet, more entrepreneurial life in the country ñ for example, by opening a small bistro.
The remaining 17% said they would cry.
Sarah Butcher, editor of eFinancialCareers.com, commented:
ìA high proportion of City professionals are committed to staying in banking however they can. It's encouraging, though, to see that many are prepared to return to education, which is likely to be a good bet for the next year or two until the banking cycle picks up again.î
Once A Banker - Always A Banker
eFinancialCareersí poll reveals bankersí reluctance to change career
