How much does being a D1 athlete (mid tier athletics) help w/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DC is at an Ivy playing a sport. It seems like a great conversation starter for her at fairs and in interviews.

I think the athlete network thing is overhyped. At least she has not seen it. She really does not have time to network, not like how the kids in finance clubs at her school do.

For the best finance jobs, they just want the smartest kids with quantitative skills. They’ll take a physics major over a tennis player any day.

For her, her sport continues to teach things that will carry forward. The biggest are accountability and time management and drive. But when you drop your resume at JPM they want to see first and foremost your GPA and the classes you are taking (the more math the better).

This just isn’t true.

Simply stating that without any support just kind of undermines your assertion to the point that it’s just a garbage reply. When a consulting firm doing internship hiring asks for your SAT scores like McKinsey does and you are a test optional tennis player with a middle of the pack GPA, you are not getting that internship no matter how much charisma you exude. You’ll get a job at a big bank someday but it’s more likely institutional sales. That’s a world away from a buy side IB job or consulting at McKinsey. Some people don’t realize that all jobs at investment banks and other similar places are not created equal.

I know a single volleyball team at one of the above schools that had a HALF DOZEN girls with banking internships just this past summer. That was effectively three quarters of the rising juniors and seniors. I see it first hand because my kid plays with them.

I’m genuinely curious, are these volleyball players getting internships at the bulge bracket banks (GS, JPM, MS)? I’m the PP who said that my Ivy athlete daughter is not seeing a boost simply because she’s an athlete. As an example, are about 2,500 GS internships available and they get 300,000 applications (less than 1 percent get offers). It’s fiercely competitive. At the same time, there are probably 1,500 athletes at Ivys (~200 per school x 8) and many, many of them want to go into finance. These banks want exceedingly smart people with quantitative skills. Many of the engineering majors at Ivy’s go after finance jobs. There are soft skill jobs at IBs that athletes often find themselves in, but what my DC is looking at is front office revenue generating jobs where you start out as an IB analyst. Anecdotally, I work in Biglaw and when I am dealing with bankers on M&A I don’t see many ex athletes.

[Anonymous]

Anonymous wrote:I think both of these things are probably true (Middlebury as “second tier” tier NESCAC and also very good w/ finance recruitment). At least I’m hoping it’s not first tier, as it’s my DCs top choice this year and seems hard enough to get into without getting lumped into WASP territory.

it is firmly second tier - no need to worry

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think both of these things are probably true (Middlebury as “second tier” tier NESCAC and also very good w/ finance recruitment). At least I’m hoping it’s not first tier, as it’s my DCs top choice this year and seems hard enough to get into without getting lumped into WASP territory.

it is firmly second tier - no need to worry

If first-tier NESCAC is Williams and Amherst, then yes, it's second tier.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think both of these things are probably true (Middlebury as “second tier” tier NESCAC and also very good w/ finance recruitment). At least I’m hoping it’s not first tier, as it’s my DCs top choice this year and seems hard enough to get into without getting lumped into WASP territory.

it is firmly second tier - no need to worry

You are nonsensically stupid but you are consistent. There are 10 SLACs with virtually identical student profiles and none of them are “better” than the others. All of them are wealthy but a few are extremely wealthy and that is the only difference between the 10. The rankings of top SLACs has almost perfect correlation with their endowment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think both of these things are probably true (Middlebury as “second tier” tier NESCAC and also very good w/ finance recruitment). At least I’m hoping it’s not first tier, as it’s my DCs top choice this year and seems hard enough to get into without getting lumped into WASP territory.

it is firmly second tier - no need to worry

If first-tier NESCAC is Williams and Amherst, then yes, it's second tier.

And quit responding to your own posts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DC is at an Ivy playing a sport. It seems like a great conversation starter for her at fairs and in interviews.

I think the athlete network thing is overhyped. At least she has not seen it. She really does not have time to network, not like how the kids in finance clubs at her school do.

For the best finance jobs, they just want the smartest kids with quantitative skills. They’ll take a physics major over a tennis player any day.

For her, her sport continues to teach things that will carry forward. The biggest are accountability and time management and drive. But when you drop your resume at JPM they want to see first and foremost your GPA and the classes you are taking (the more math the better).

This just isn’t true.

Simply stating that without any support just kind of undermines your assertion to the point that it’s just a garbage reply. When a consulting firm doing internship hiring asks for your SAT scores like McKinsey does and you are a test optional tennis player with a middle of the pack GPA, you are not getting that internship no matter how much charisma you exude. You’ll get a job at a big bank someday but it’s more likely institutional sales. That’s a world away from a buy side IB job or consulting at McKinsey. Some people don’t realize that all jobs at investment banks and other similar places are not created equal.

I know a single volleyball team at one of the above schools that had a HALF DOZEN girls with banking internships just this past summer. That was effectively three quarters of the rising juniors and seniors. I see it first hand because my kid plays with them.

I’m genuinely curious, are these volleyball players getting internships at the bulge bracket banks (GS, JPM, MS)? I’m the PP who said that my Ivy athlete daughter is not seeing a boost simply because she’s an athlete. As an example, are about 2,500 GS internships available and they get 300,000 applications (less than 1 percent get offers). It’s fiercely competitive. At the same time, there are probably 1,500 athletes at Ivys (~200 per school x 8) and many, many of them want to go into finance. These banks want exceedingly smart people with quantitative skills. Many of the engineering majors at Ivy’s go after finance jobs. There are soft skill jobs at IBs that athletes often find themselves in, but what my DC is looking at is front office revenue generating jobs where you start out as an IB analyst. Anecdotally, I work in Biglaw and when I am dealing with bankers on M&A I don’t see many ex athletes.

I do not know where all of them interned but I know that it was a mix. I know kids that were at JPM, Jefferies, and BofA, plus a couple of others. I am also know that most if not all received return offers.