The Wall Street career path can be brutal. Young people are embracing it.

Source: Business Insider

Getty Images; Alyssa Powell/BIWhen Gustavo Schwed was considering a career in finance in the late 1980s, climbing the corporate ladder was a preoccupation for working people, not students. "People didn't really give their job as much thought until, really, the summer between their junior and senior year — if then," said Schwed, a New York University professor who started in investment banking and then worked in private equity for about 25 years. The path to enter Wall Street has changed radically since then.