Reply to How are these nepo babies in these summer finance internships able to keep up with the work

Forum Index » College and University Discussion

Reply to "How are these nepo babies in these summer finance internships able to keep up with the work "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s clear that your kid doesn’t understand how to get these jobs. It’s not as simple as applying. It’s also not as simple as “nepo baby.”  Unfortunately, career services at even better privates are oftentimes almost useless and don’t help students plan their future and act accordingly. [/quote]

+1 not speaking about bucknell, but at my DS’s school, certain frats basically control the “best” investment clubs, and kids work for each other’s  dad’s firm in summers (so you can’t check linkedin and see family connects). My DS is pre med. We don’t have the connects for IB. [/quote]

OP here. I find it awful how boys club the finance world continues to be in a country that is all about “equality” and the American dream anyone can achieve if they work hard. It’s a quite socialist mentality how these kdis are born into a certain class where they will be guaranteed admission to a decent school as long as parents have the money and can float through 4 years of undergrad by getting cheat sheets from frat brothers and inevitable summer internships every year. Both husband and I are from a different country and are not used to this whole frat, athlete dominated society of Wall Street who get these high paying jobs from their dad’s friends not from actually working hard. In Ireland where we’re from, you either have the smarts or you don’t to get into these universities and obtain these jobs. For example, a 3.0 kid at a rich kid school like bucknell would never be able to get into the most sought after Irish colleges like trinity and university college Dublin. The kids in the finance majors at the mentioned schools are there for their high Leaving Cert marks(Irish version of a levels). [/quote]

You’re kid presumably wasn’t able to get into the best colleges either. Bucknell is for rich kids and it does a good job of educating them. IB is all about networking and connections. If you want a finance job based on knowledge and skill, be a quant (if your kid is capable) [/quote]

+1  I can’t confirm the “old boys club” because I avoided finance like the plague but if you’re so convinced it’s really why are you pushing your kid into that field?  There are any number of fields that don’t require any networking at all and pay well.  I’m a computer scientist, and have never bothered to intentionally network beyond maintaining good relations with my colleagues.  Well paid, and I’ve never had an issue getting jobs by cold applying, including internships in college.[/quote]

I am a CS major and my job is to support the technology sales team.  My salary is 200K, a good salary, but it is four times less than the lowest salary of the person on the sales team.  “Well paid” is relative.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics