you wish |
Why can't you admit NYU underperformed. They barely make more than Fordham grads. I'm sorry but a school that swears it's peers woth the T25 should make more than their adjacent school down the street with a 50% acceptance rate. https://collegescorecard.ed.gov/search?page=0&sort=threshold_earnings:desc&search=Fordham%20University |
Enjoy your journeyman school. |
If this makes you feel better about it. Most top 25s didn't drop much. |
“Yes if you wish to avoid making money - everyone hates doing that.” |
I have no reason to doubt that the list is accurate and haven't said so. What I know is not true is that the schools on the list are the only ones that have people working on Wall Street in desirable positions. Show me data to contradict that assertion. Those who produce and/or promote these lists are oblivious to the serious damage they do to the well-being of those who use them, or they simply don't care. |
It would be foolish to 'steer clear' of amazing places to learn like those on the list. It's also foolish to believe that you must attend one of them in order to have access to desirable jobs. |
If you look at finance major earnings one year and ten years after graduation, and the ROI on the degree that takes into account the cost of the school, it's basically "Wharton and then everybody else". Or maybe Wharton, WUSTL, and then everybody else. But this is good news! It means you can attend a relatively accessible college and still do well.
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I'm surprised by MIT. I thought they'd have a higher percentage of students going to quants. But perhaps this table doesn't measure that. Or perhaps MIT students are more interesting.
Also, I remain struck by how antiquated Wall Street recruiting remains. Like they're stuck in the 90s when the best and brightest did actually go to Harvard and Yale. That's a long time ago. Genuine talent is found at a much broader spectrum of schools these days. It seems like on Wall Street there is still only The Path. Clearly, a very change averse industry. |
| Nyu didnt make forbes new ivy list same as WashU, and Tufts. |
What??? You think they want to hire investment bankers who interact with c-suite execs from MIT? They are not looking for people who can’t socialize. |
I dont think top kids from MIT are going to or even want to go to traditional Wall Street firms. The most well paid internships are at quant firms where kids need to really know math and CS well to perform in interviews. Also, the days when IB paid very lucratively are over so i would not even encourage my kid to pursue that. We live in NY and have worked in finance for many years. |
Send your kid anywhere you want. Just letting you know that Wall Street is probably not realistic. It’s ok. There are other careers. No one is trying to do damage to you, but to let you know how it actually works. You don’t have to believe the list or me, but it is a fact of life. |
Ok — you think quant people become MDs. They don’t — the relationship people do. Quant away, but there is always another younger math person, client connections are what drive Wall Street. Not quants. But they have a place. |
I don’t understand what you are trying to say. I’ve spent all day trying to tel you how recruiting actually works but you don’t want to listen. This is a very specific recruiting process for a very specific top tier job. I don’t care if you believe me, but go to Wall Street Oasis and read the board — this is how it works and Ohio state ain’t it. |