Very interesting research experiment conducted on investment banks, law firms and management consulting firms on the hiring behaviors of evaluators.
This link offers highlights of the actual research:
http://econlog.econlib.org/archives/2011/11/how_e…
Main Highlights:
- Most applications practically go straight in the trash
- Evaluators have a lot of slack
- Super-elite credentials matter much more than your academic record
- Super-elite schools matter because they're strong signals, not because they're better at building human capital
- At least in this elite sample, I'm totally wrong to think that extracurriculars don't matter
- Grades do matter somewhat, but mostly as a cut-off. They're a signal of work ethic more than IQ
Repeat: http://www.wallstreetoasis.com/forums/elite-firms-fishing-in-a-very-sma…
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