Reply to Do Prestigious Schools Matter for Future Success?

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Reply to "Do Prestigious Schools Matter for Future Success?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Look at bios of successful people in the field you are interested in.  It will give you an idea.  I know CEOs and very rich people from unremarkable schools.  But if you are not able to figure out how to make it on your own and need to be at Goldman Sachs or something, then yes, it will matter.

I would say in the past it has not mattered much except in a few fields.  That may change with this obsession with prestige we have going.  Maybe not once people figure out many of these kids are not special and just cheated their way to 4.0.[/quote]

Even at Goldman Sachs, there's a spread of schools. Just look at their leadership:

David Solomon, Chairman & CEO: Hamilton College (undergraduate)
John Waldron, President & COO: Middlebury College (undergraduate)
Robert Kaplan, Vice Chairman: University of Kansas, Lawrence (undergraduate) + Harvard Business School (MBA)
Ashok Varadhan, Co-Head of Global Banking & Markets: Duke (undergraduate) + Stanford (PhD)
Dan Dees, Co-Head of Global Banking & Markets: Duke (undergraduate)
Marc Nachmann, Co-Head of Global Wealth Management: Wesleyan (undergraduate) + Harvard Business School (MBA)
Tucker York, Co-Head of Global Wealth Management: University of North Carolina, Chapel Hill (undergraduate) + Harvard Business School (MBA)

All of these individuals are worth hundreds of millions of dollars, and they had a range of education journeys. Of course you see degrees from Harvard, Duke, and Stanford, but the top 2 executives didn't need that.[/quote]

Other than University of Kansas, all of these schools are well regarded for banking (and Middlebury and Wesleyan probably are in the prestigious SLAC category), have strong Wall Street alumni networks and are very expensive.  It's not as though Hamilton is some $20k/year SUNY.  I gather the Kansas graduate needed the Harvard MBA to break into Wall Street.[/quote]

This was BEFORE GS only looked at applications from target schools. Look it up — it matters for all of the Wall Street. Google those words. Also WSJ has a list of top schools for high paying jobs in chosen careers. In DMV, Georgetown is on all the lists but UVA, AU, GW are not, for example. [/quote]

no one wants to hear truth[/quote]

How many people actually want to work there though? This is such a narrow example.[/quote]

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