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<p>It’s sad because the intent of MMSS was to create better social scientists, applying mathematical rigor and talent to econometrics / public policy issues, psychology and sociology, not to create better-prepared people for Wall Street. MMSS was kindy of wonky-UChicago-ish; I was considered “not serious enough” because I was in a sorority, had a boyfriend, and actually wore that year’s fashion! But nonetheless, it was nice to have that kind of small-group-intellectual environment, and we weren’t cutthroat with one another. I would imagine that a bunch of students who are all falling over one another to get the same handful of i-banking or mgt consulting jobs are going to be more cutthroat and not helpful to one another, and I think something’s lost.</p>