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Repeated cutbacks have dulled Wall Street's luster for some prospective Masters of the Universe, in the latest reflection of the gloom overhanging the finance industry.
Many of the nation's top M.B.A. programs, including Harvard Business School and Stanford Graduate School of Business, reported declines in the share of students who took jobs in finance this year. And even those that posted some gains, such as University of Pennsylvania's Wharton School, are still well below their prefinancial crisis levels.