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][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]

I agree. The European education system is way more meritocratic and fair [/quote]

No way.

There are like no Asians, blacks or Jews of any meaningful numbers in European education

It just looks more fair because there’s way less diversity[/quote]

That is not true at all re Asians (Indians) at Oxford and Cambridge. The #s are like nothing youd ever see at US Ivies etc.[/quote]

“The proportion of UK-domiciled students admitted to Oxford who indicate in their UCAS application that they identify as Asian has risen from 8.3% in 2018 to 13.9% in 2022.”

American elite schools are 2-2.5x that rate now for Asians

That’s not mentioning Jews and blacks

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