The analysis is a little flawed in that it assumes the composition of the incoming class has remained consistent each year. In fact, Dean Nohria, who took over in July 2010, shifted the composition of the incoming class (the class of 2013) away from finance (finance as a pre-MBA industry showed a decline of 7%pt vs 2012 class[1]).
This in part explains the shift in choice of career post-HBS.
This in part explains the shift in choice of career post-HBS.
[1] http://poetsandquants.com/2011/06/06/harvard-down-on-finance...