This is an interesting point; thanks! Found this article incase anyone is interested. One quote stood out to me:<p>&gt; <i>Private equity recruitment firm PER conducts an ‘unofficial count’ into how many analysts join the M&amp;A and corporate finance teams of six leading banks in London. In 2010, PER calculated that 250 people joined a combination of Bank of America, Citigroup, Credit Suisse, Goldman Sachs, JPMorgan and Morgan Stanley. After tracking those individuals for three years, it recently calculated that 140 of them are still working in banking. That’s an attrition rate of 44%.</i><p>(<a href="http:&#x2F;&#x2F;news.efinancialcareers.com&#x2F;us-en&#x2F;139375&#x2F;nearly-half-of-junior-ma-bankers-at-top-banks-quit-within-three-years&#x2F;" rel="nofollow">http:&#x2F;&#x2F;news.efinancialcareers.com&#x2F;us-en&#x2F;139375&#x2F;nearly-half-o...</a>)