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[quote=Anonymous][quote=Anonymous]I have said this in other threads. I used to be a banker at a bulge bracket and did some recruiting. I despise these pre-professional clubs. I think they are ponzi schemes full of insufferable suck-ups and feel like clubs. If I was still in my old role, I would steer far away from most of these kids.

Unfortunately, I think the banks and consulting firms have created this monster. They increasingly give specialized interviews so the institutional knowledge of the clubs in helping you prepare for those is very valuable. And given how many resumes they are getting they use these as a pre-screen.

If the banks and consulting firms signaled to the schools that they don't care about the clubs by hiring non-club members, it would go a long way.

I worked on my daily college newspaper at a TT school without a journalism program, so most people were doing it for fun. I had an incredible experience and made lifelong friends. We generally took anyone, though we "encouraged" those with more talent to get more involved. Companies across all industries, including top tier investment banks and consulting firms, loved the experience, though that is not why we did it.[/quote]

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