Why are uni students addicted to rankings
Graduated last year and working at a mid tier BB. Overheard some LSE dons at the gym hyping up GS/MS. These rankings are so overhyped I swear
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Who is VM?
LSE’s most notorious hardo id presume
Nice edit bruh, and you forgot RBC Capital Markets #1
RBC is quality. Why you hating on them?
I am incoming there
Rankings are just a very convenient system to give general ideas of prestige/choice-ranking.
Once you're on the inside, it's easy to say "oh well why would you care about GS when I've seen Barclays analysts do just as well", but students are distinctly on the outside looking in, and they have no real way to determine who's the best other than rankings. Not only do they not have no way of knowing choice rankings (i.e. GS>MS>JP>etc.) but they especially have no real way of knowing the size of the gap between each. Students see GS=1 MS=2 and JP=3 and they think there's a big gap between 1 and 3, when it's possibly more like 1.1 an 1.3. All this is to say, how could they not depend on rankings?
This also lets use the analogy. Would you much rather Be Lewis Hamilton or Valtteri Bottas? Nothing against Bottas, but some people want to be Hamilton and other just want to be a racer. There's a lot of great banks that are not GS/MS/JPM. There was even a post about a guy at a regional boutique where he was making as much as VP as an associate. just depends on your cup of tea.
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