Diluting the prestige?

Ok so my bank recently hired a couple first year analysts with less than stellar credentials and it kind of bothers me; I've seen their resumes and they are plain disappointing... It bothers me because I had to bust my ass in uni to get internships and go through a tough recruiting process against a bunch of great target kids to break-in.

Maybe they're super charismatic or have a special talent or are relationship hires... I don't know but from a merit perspective I just don't see it. It's like you're from from Harvard or Yale and someone from Devry joins you.

I feel like they're diluting the quality of talent at the firm. Has anyone else experienced this?

19 Comments
 

It's almost like your lack of charisma made it so you could only get into a subpar bank even though you had "target" credentials.

 
ebbitten

It's almost like your lack of charisma made it so you could only get into a subpar bank even though you had "target" credentials.

Thought the exact same thing.

Or perhaps the kids from your so called target schools came into the interviews with an even greater sense of self-worth and entitlement than you. At that point, it must be literally leaking from their pores and the interviewers knew they'd kill themselves before working with these kids.

 

Given that the OP literally has negative bananas (the best/most accurate prestige ranking) I'm pretty tempted to call troll at this point.

 
Best Response

have you considered that being a pretentious boob might have something to do with you being bothered by this?

need I remind you: http://www.wallstreetoasis.com/forums/prestige-of-the-girl-youre-dating

focus less on preftige and more on complaining less and putting out a good work product

also, did you actually go to HYP and they actually went to DeVry?

Or, more likely, did you go to a top school and they went to a school that you haven't heard of (like Bowdoin, Lehigh, WUSTL, W&L, Vandy, UIUC, W&M, or Wake Forest) but is actually a fine academic institution?

 

This isn't 2004-2007. Time for a reality check. The top talent from the elite colleges are not flocking to banking like they used to. Tech, startups, and even MBB consulting are draining away a lot of the best. So in order to fill the analyst class, it only makes sense for banks to dip "lower."

Get off your high horse bro.

 

I'm really tired of these non Ivy Leaguers (and are Brown and Cornell really Ivy?) invading the white shoe bastions of wasp culture. I mean next you know they'll let Jews or Catholics into banking and god forbid if we let brown people in. That's when I'll know the end times are near. Thankfully those Chinese won't get in because their eyes truly frighten me: how do they even see?

Just make sure that you don't marry a teacher or nurse or you'll be bringing yourself down to "their" level. It's all about prestige my friend.

 
Dingdong08

I'm really tired of these non Ivy Leaguers (and are Brown and Cornell really Ivy?)

Hey, take it easy on Brown there :)

 

To OP, I can assure you the problem is you. You have an entitlement issue and a prestige insecurity. We are all human and a degree from a top 5 school or wherever doesn't make a difference. We all have to squat the same way.

 

Since when are jews being let in? I thought target undergrads started looking at ECs in the admission process deliberately to keep them out.

 

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