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Reply to "How are these nepo babies in these summer finance internships able to keep up with the work "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I feel like nowadays this topic is a bit more nuanced. At top banks it’s very hard to schmooze a way in without also being a high performer. Case in point: on Goldman Sachs’ website their global head of investment banking is Dan Dees. It looks like he went to Duke and his daughter just graduated from Duke too, and shocker, she’s going to be working as an investment banker at Goldman. However, it looks like she graduated from her elite private HS in cum laude society so she’s no pushover academically. I suspect this is more the case nowadays; at the very least these parents feel like their kid should be able to back up their spot that they’ll eventually get through family connections.[/quote] The dad is the global head of investment banking, what do you expect? The connection can’t get much better, of course they’ll take her in. And she has a Duke degree to boot so no one will bat an eye[/quote] Did you miss the part where she graduate in the cum laude society at Harvard-Westlake? She's clearly a hard worker, she probably wouldn't need Dad's influence to land a role like that regardless.[/quote] No one will ever know because he had that influence. That’s the beauty of modern nepotism- so many of these kids are qualified, that the excuse works. We just ignored that dozens of more qualified kids and hundreds of equally qualified kids were passed over in their favor [/quote] It's better than the flavor of nepotism where most of the people were not remotely qualified. Like was stated, at least this girl was in the cum laude society (top 10%) at Harvard-Westlake which is the best prep school in California, so that's a notable accomplishment and shows she has academic chops. And she went to Duke so she at least had to compete with bright students in her classes, although it doesn't seem like she made Latin Honors at Duke which is fair since Duke would be much harder.[/quote]
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