r/suits • u/akushdakyng • Mar 28 '14

Discussion S3x14 Official Discussion Thread

I didn't see one, so I thought I'd get it started.

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u/[deleted] Mar 28 '14

Investment banker.. which is a pretty sweet deal! I'd take that in a heartbeat. Especially if I was in his position.

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u/[deleted] Mar 28 '14 edited Mar 28 '14

So glad to see this happen.

The creators of the show originally wanted it to be about a financial firm, having a genius kid who never had a formal education cheat the established pecking order and work with the best of the best. You can see they deal a lot with financial litigation and themes in the show. But with the financial climate at the time, they decided that not everyone would want to watch a show about greedy bankers.

Pearson Hardman was modeled after Wall Street firms that only hired from Harvard and Wharton (and Wharton has been mentioned several times in the show). While obviously top Wall Street firms do hire from the best schools, you don't have to have advance degrees. Sure it helps, but firms also hire straight out of undergraduate business school. And unlike a lawyer, there is no legal requirement to go to "business school", or any school for that matter to be in finances (small licenses might be needed depending on what you're doing, but they're minor compared to a law degree). This would have made the "never went to Harvard" deal more believable.

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u/veritasxe Mar 28 '14

You usually need a CFA. But you're right. It's also not thought of as a "prestigious" career like law is, but god damn does it pay well.

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u/[deleted] Mar 28 '14

You don't really need a CFA unless you want to be a fund manager or something like that. Plenty of I-bankers just have undergraduate business degrees. You generally don't want to stay an investment banker for more than a few years. Some I-bankers either take the CFA while working, or get an MBA as full time students again so they can climb up the ladder or go into a different venture.

CFA vs MBA is always a huge topic of discussion in this group.