When you've hired from H/S/W/CBS -- ever any duds?

This is arguably a continuation of another recent thread on here about the above schools for MBA... and my inference from that thread is that the candidates from these top 4 MBA programs PRO are impeccable.

That said, from your experience, have you ever hired an MBA grad from Harvard/Stanford/Wharton/Columbia and they just turned out to be a complete dud? To the point where you thought to yourself, "How the hell did they get in there?"

 

For instance, did they ever leave in an errant "PRO" like I just did?

 
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Hmm one of the schools on your list is as worthy of being on it as the remaining 3 m7s Yes duds are everywhere

 

Yes. I worked at a top BB (GS/MS/CS) and our summer associates from CBS were the worst.

 

See, these comments are so interesting -- if many, if not most, employers have had bad experiences with MBA students from the top 3-4 schools, I wonder why these employers wouldn't be open to at least interviewing students from the balance of the MBA business schools">M7 schools (recognizing that a student being from the top 4 doesn't guarantee that he/she is gonna outperform another student from a top 7 or top 15 school).

 

If you are specifically referring to PE it is because the way to reduce the risk of a dud is to hire only people with prior PE exp. People with prior PE exp only go to H/S/W. If you arbitrarily expand the pool and starting hiring random people from some other school then it'll just be more likely to be a dud.

BTW there is no case study I'm aware of, but based on my exp I would speculate that if someone had Top u-grad 3.7+ -> GS/MS -> UMM/MF -> Duke/Kellogg/other T-10 with a 750+ GMAT and could articulate why they went to the school they did (spouse/family/location) they would certainly get looks.

I think the forum in conflating the fact that most top candidates choose H/S and that's why H/S does well (plus the brand, no doubt). It's not like the above described candidate just gets blackballed in the entire industry. Sure, Bain won't interview him (or crestview) but 80% of funds will.

 

Makes sense. That is essentially what I would have assumed -- that most "top 10-15" PE firms would at least consider candidates from most top 10 MBA programs... but that a select few PE firms will only really consider the top-of-the-top.

 

Can speak to this. Went to school (M7 outside those schools mentioned) with a guy that went HYP-> Top Group at top BB -> UMM and got looks all over the place.

No idea why he ended up at my school instead of HSW but he did well for himself. Also know a couple of people with less “golden” backgrounds (i.e. Penn->BAML/CS/Barc->UMM) in our school who returned to their firms as VP

 
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When I was in banking we would hire associates from all the MBA business schools">M7 schools (never saw much Kellogg), though Stanford would hardly send 1-2 associates per year (HBS slightly more). Vast majority from Wharton, Booth, CBS, Sloan and then other programs outside of the top 7 (NYU, Duke, Darden, etc).

There were good and bad associates from all of the schools. Columbia probably had the largest representation, so as a result probably the most 'bad' associates, but also plenty who were good at their jobs. I think it had much more to do with relevance of prior work experience vs. the business school, as I don't think there is any meaningful difference between these schools and the candidates that come out of them.

For example - guy we had from Stanford GSB was coming from a complete non-finance / non banking background, basically in marketing vs. guy from Darden coming from a background in some sort of Big 4 role or consulting, that person is much more likely to succeed on the job, at least initially. The GSB guy might be smarter and more well rounded and thus more likely to climb the ranks in the long run, but certainly not immediately.

 

Use to work at a smaller bank in research, we had a guy who went to Harvard Law and had a Masters degree (not an MBA) in accounting from Columbia. May have been one of the book smartest guys I've ever made, knew a ton about investing/trading and had a really high interest. Problem was (and probably the reason he landed at that shop) he was a complete space cadet when it came to getting work done. For example, one time our analyst assigned him a quick email to write up; guy writes the email, gets it all set up, doesn't hit send, just leaves it on his desktop, than disappears for 3 hours. He just didn't have a ton of social awareness, and that hurt him; could model and explain concepts very well though.  

 

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