http://www.thecrimson.com/article/2009/6/1/surveying-the-class-the-number-of/

In relevant parts:

The number of seniors entering finance and consulting has fallen from 47 percent in 2007 to 39 percent in 2008 to 20 percent for the current Class of 2009.
The share of students who will be immediately attending graduate school also increased, rising from 21 percent to 25 percent.

The 47% figure is of "job seeking seniors", which excludes grad school or military or ppl who just wanna fuck around, but includes, i think, the unemployeds who are looking for a job.

Takeaways:
1) The economic downturn has hit really, fucking hard, even at Harvard.
2) In 07, 47% of the 75~80% of job seeking seniors went into finance + consulting. Take away "those who have a conscience/genuinely want to pursue other things" (and there\'s a lot of these at top schools) and "those who have so little quantitative skills and can barely count to seven"--means basically that everyone who wanted a job in finance and consulting got a job in finance and consulting. Whether you were a math major with 4.0 or women\'s studies major with 2.7. (To be fair, not all consulting is glamorous, bling bling management consulting at M/B/B). But at least, if you had a pulse, you were probably working at Monitor Group or something at least. If you had a middling GPA, had taken a couple math classes, and couldn\'t figure out wtf to do with your life, you could just be like "ah fuck it i\'ll just go work at Lehman for a couple years until I figure out wtf i want to do".

Pretty fucking ridiculous if you really think about it.

Things are different now--as they say, only 20% go into fin/con. But their philosophy hasn\'t really changed--if you can show quant ability, you don\'t have to really major in anything specific to do whatever u want to do. And not only at Harvard, but pretty much at most targets (of course, how deep these places dig into the class--that is, how well your grades must be--will change).

So uh, let\'s chill out with the uninformed "OMG WHO CARES IF U WENT TO STANFORD U WERE ONLY AN ASIAN STUDIES MAJOR LOLOL MY UCLA EE IS MUCH SUPERIOR", kay?