<p>actually barrons, i cant really think of an industry that draws overly ambitious, personable, confident, smart, cocky, and arrogant people. and thats why i think the competition will not lessen THAT much…</p>
<p>unless you can name me some professions… i really am curious about this. there are marketing strategists and consultants, but i think these professions are not for the overly ambitious because of the returns to work ratio…</p>
<p>side note, on a basic supply and demand graph, a decreased competition would mean a decreased supply, which would mean an increased pay rate. </p>
<p>if the the banks arbitrarily started paying less, the number of students that were attracted by the pay would diminish, therefore shifting the supply curve to the left, which then would shift the pay back to where it should be. i think the pay would remain relatively equal. i mean also, if they diminished pay, the smartest students would no longer want to study finance and would go into the med or eng professions. banks NEED to keep the same pay in order to attract the brightest and the best. i think i am making sense… maybe im not…</p>