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Category: Salary & Benefits

Lives of Spies: CIA Internships and Full-Time Jobs

For better or worse, the Central Intelligence Agency is currently having its 15 minutes of fame. Showtime's "Homeland," which follows the unstoppable, bipolar, CIA sleuth Carrie Mathison, played magnificently by American actress Clare Danes, has been racking up the Emmys and Golden Globes, not to mention the viewers, by the millions, since hitting the airwaves in the fall of 2011. Read More >

Is an M.B.A. Worth It?

It's the start of grad school application season and, like clockwork, the debate has rolled around again: is it even worth it to spend the next two years of your life pursuing the opportunity to put three little letters on your resume? Once upon a time, the answer was a no-brainer: if you could get into an M.B.A. program, you did it, and came out the other side with a license to pick your job and print money. Read More >

CEO of the Year

My first interview for a post-college, full-time job took place many moons ago high in the sky inside the then-headquarters of insurance giant American International Group, better known as AIG. Read More >

'Twas the Night of the Company Holiday Party

Oh how I miss the late, great, wet and wild Wall Street annual holiday soirees. The sweaty analysts huddled around bottles of Grey Goose and Jack. The pretentious associates, fresh out of HBS, sipping Cabernet and Syrah. Hot-shot prop traders shooting everything in sight. Admins dressed to the nines. Fois gras appetizers. Prime rub bathed in au jus. Read More >

Vault's Top 10 Blogs of 2012

From The Monitor Group and Dewey & LeBoeuf bankrupcies to a simple act of ingenuity at Krispy Kreme donuts, 2012 has been a big year in career news. Revisit some of your favorite stories and advice blogs with our list of Vault's Top Read blogs of the year, 2012: 1. 6 Trickiest Interview Questions and How to Nail Them Guesstimates and brainteasers are two types of interview questions commonly asked by Wall Street firms, consulting firms, and tech firms. Read More >

Quick! Get into Harvard Law School While You Can!

Yesterday, Professor Jonathan D. Glater of the University of California, Irvine, School of Law, wrote in the New York Times that right now is, in fact, a great time for you to apply to law school. Not because the economy is on the upswing or because legal hiring is predicted to grow in the next few years-but because it's easier to get in. Why is it easier to get in to law school right now? Because fewer people are applying. And why are fewer people applying? Read More >

It’s Law Firm Bonus Time!

The Thanksgiving leftovers are dwindling and law firm associates are back to work today-that is, if they weren't in the office all weekend. And on the exact same day as it did last year, top law firm Cravath, Swaine & Moore kicked off bonus season by announcing associate bonuses for 2012. If the last several years are any indication, it won't be long until most every other New York BigLaw firm follows suit and offers associates-surprise!-exactly the same amount of money. Read More >

Monitor Bankruptcy: What the Employees Knew

The Monitor Group's recent bankruptcy announcement took many in the business community by surprise. That's not unusual, given that the firm-like many in the consulting industry-was privately held and therefore not under any obligation to release financial reports. But what about the people inside the firm? How much did the consultants-business experts all-know or suspect about the state of the firm's finances? That's a question that we at Vault are almost uniquely qualified to answer. Read More >

4 Reasons You Should (Still!) Take an Internship

Internships have been in the spotlight a lot lately, but for all the wrong reasons: unhappy interns. It's not a new story-interns have long gone unpaid, unthanked, and sent on one too many coffee runs. But a recent slew of class action suits raises the question: where does opportunity end and exploitation begin? Though it's up to the courts to decide what's fair labor in the realm of interning, you should know that not all unpaid gigs are equal. Read More >

All's Fair in Love, War, and Layoffs

Although 25 consecutive months of job growth suggests that the economy is getting back on its feet, that doesn't mean there aren't scores of people still losing jobs by the day, if not the minute. And perhaps nowhere is that happening in greater numbers than on Wall Street. Of course, given that Wall Street is largely responsible for putting the U.S. Read More >

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