Ivy schools appeal dying?
I’m seeming more and more offers being extended from top IB and PE shops to all stars from schools like University of Michigan, Duke, etc. and I’ve also heard from one very reputable recruiter in New York that they almost prefer to avoid ivys these days.
Is there really a move away from the Ivy schools in recruiting for high finance roles? Or is this moreso just people at Ivy schools no longer want to do finance?
I feel like you are trying to address multiple things in one post so lets break this down, but ultimately it all comes down to more optionally for firms and candidates.
The first thing address is more state schools students getting into banking. I don't think this is necessarily a bad thing as I am sure a top 2%-5% student at a state school could easily compare to a Ivy student that is not in the top percentiles. If you disagree, I encourage you to look at some more admission statistics of Ivy institutions as I think over the last few years it has come out that admissions at these schools are not as straight forward as we might of once thought.
With the rise of online recruiting, it has become much easier to get top talent from more sources then even 10 years ago. Which is probably the largest single factor as to why you are seeing more state schools represented at the top.
The other thing you mentioned is how Ivy (and Ill say all) students have more options than before. You can get a job in a city you have never been to before. This just leads to way more options for students. You can argue about better options in Tech or consulting, or how banking is not worth it in todays world, but this is still driven by the optionality that students have today.
Hope this helps.
Duke has always been a target
I mean there is a big difference between H/W from the rest of the ivys.
I'm tired of this wharton >Y/P cope dude. It is a fucking business school. You are inherently a moron if you studied undergraduate business. It is a joke that wharton kids can intellectually go toe to toe with Y/P. I don't care if the placement is marginally better. No one genuinely thinks a Wharton kid is more impressive than a Princeton Math, Yale econ / Poli sci. Like bro you studied finance and management... cmon now.
Don’t group an Econ/poli Sci degree with a math degree like you just did - that’s just foolish
As someone who did not go to any of these, preach… Wharton kids are so pretentious
This is in the context of finance recruiting bro and the appeal of h/w kids to top ib and pe shops (i.e. this post). No one talking abt raw intellectual horse power
A lot of these posts are thinly-veiled coping posts from people who didn’t get into top schools. This does not mean that Emory, Wash U, Georgetown, Michigan, UVA, and other “good but not great” schools will get a leg up in recruiting
nah bruh Harvard is for kids who didn't get into Georgetown. And I wouldn't be caught dead taking a Princeton offer over a University of California, Irvine acceptance.
Georgetown is for kids that did not get into the Catholic University of Zimbabwe
change my mind
The only people who say that are people who are still salty they never got accepted. Anecdotally, my bank's incoming analyst class is like 85% Ivy+ students.
You can check LinkedIn or get speculative answers to your speculation.
Only in a superficial, terminally online, way
How many SEC championships do these schools have again??? Oh yeah, that’s right …none.
I mean you could argue Duke is more prestigious than some Ivies.
I think banks have just learned that there is a vast pool of candidates at other schools, not just ivies, and you could probably fill all the seats on Wall Street from non-ivies and they will be just as strong as whatever proportion now comes from ivies.
Plus, there’s the whole “hustle” mentality - poorer kids who went to state schools and killed it have more to gain and prove.
Ivies will never lose their lustre (even despite all this ongoing drama rn w/ the Jewish / Palestine issue), but there’s just a lot of talent in the US outside of those select schools.
Whichever recruiter told you they actively avoid ivies is a bad recruiter hurting themself though.
Sed vero fuga rem quia. Sunt modi et culpa corporis amet et commodi laboriosam. Soluta qui ut quis voluptate labore.
Eos accusamus et repellendus. Error ut id quia molestias incidunt neque et. In ducimus harum voluptas animi sint eos id. Modi quia repellendus quasi non iure molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...