Pinstripe suits are so last century.
Rather than seeking fortunes on Wall Street with banks and investment firms, more MBA-holders are migrating to Silicon Valley in search of startup riches, according to Yahoo.
The amount of Harvard Business School degree-holders seeking employment in tech increased by 50 percent in 2013, while the number of HBS grads going to Wall Street dropped.
Eighteen percent of HBS grads tried to go into tech that year, compared to 12 percent the year before, Yahoo reported.
This trend is the result of both the financial crisis of 2008 that decimated well-known Wall Street commodities like Lehman Brothers as well as the ongoing digital gold rush in California, the website reported.
The change is forcing business schools to re-assess their approach: applications to MBA programs fell by 1 percent in 2013, while demand for graduate degrees in computer science or mathematics grew by 11 percent, according to a recent report.
