Deloitte recruiting makes no sense

I'm a student at at top 50 university (US News rankings) and Deloitte has been on campus for their recruiting recently. After talking with them I went to apply for a Strategy and Operations role and was told by the recruiter that I can't because of my university. We have a decent number students go to MBB or work in banking for Goldman, JPM, Moelis, Evercore, etc. but those same people will never get an interview for S&O. This seems like such an illogical way to recruit and I don't get why they do this. Just wanted to share and hear others' thoughts on this.

 
 
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Presumably you go to a large Big10 state school if you're "Top 50" and still place into MBB and BBs . I'd encourage you to think of a couple things:

  1. Size of School: If you have 30k students at your school you're bound to have some longtail, "top .01% of the class" type of MBB/BB IB placements
  2. Deloitte S&O positioning: Deloitte is left with less of the longtail candidates and more of the top 5% state school candidates, because those .01% types are not looking at S&O (vs MBB). These state school candidates are simply not worth their time when they could get a top-10%-of-an-Ivy candidate.

Something to consider in this positioning too is yield. At my Top 50, when Deloitte S&O "recruited" (gave out 2-3 FT offers/year), those were the top .01%ers using S&O as their back-up for MBB, and typically yield/offer conversion was (0-1)/3 which is pretty awful for starting a pipeline.

 

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