In 2007, for instance, 28.7 percent of M.I.T. graduating seniors took a job in finance and only 9.3 percent went to software companies. At graduation last year, those numbers had flipped, with 21.5 percent of graduates taking software jobs and only 11.8 percent going into finance. Even with that shift, some professors at elite universities still worry that banks are attracting too many of the top students. Vivek Wadhwa, a former entrepreneur who teaches at Stanford and Duke, said that programmers who join financial firms end up too focused on making money rather than changing the world. “It breaks my heart when my engineering students use the talents I taught them to engineer the financial system instead of engineering solutions to the world’s problems,” he said.

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