Long time lurker, first post.
I'm currently living in an apartment in NYC, where many of the summer tenants are(most in ). Over the past week or so, I would always run into these people and we would just talk about things such as past experience, school, GPA, resume things...etc etc. And I gotta say - many of these kids don't seem qualified at all. They don't have outstanding grades and many didn't even intern in the previous summer. In addition, it's almost like the female SAs were hired purely based on their looks. Many of them to be clueless about finance. The male applicants don't seem to be much better.
Thoughts? And no I'm not a troll. It's just that after interacting with the DB kids over the past few days, it makes me wonder just how DB selects their candidates.