Anonymous wrote:It’s much easier to get to that level if you go to an elite school. Investment banks are not on campus recruiting at U of Richmond, that person would have had to network really hard and get v lucky if he got that job out of school. If he went to an elite school and got good grades he could sign up for informational interviews on campus with 5 banks and not need to do the networking or get lucky.

It is actually more interesting than informational interviews on campus. Investments banks have programs where they invite top applicants to visit their offices for a couple of days. They pay for the plane tickets and hotel, tell them about their business and interview them for the summer internship positions. I know a sophomore at a T10 college who traveled to so many places at the investment companies' expenses, received multiple offers and continues traveling because it's so much fun to visit places for free. I'm not sure if the GMU students have such an experience.

Anonymous wrote:

Anonymous wrote:Hmmmm, I think it does in terms of "life interestingness" but not necessarily wealth.

Harvard couple I know -- one person founded their own non-profit, one is a acclaimed novelist. MIT couple -- founded a few tech companies (and now are millionaires). Another elite school couple (Naval Academy, which has similar standards) -- another founder of a company, another writer. Stanford friend -- furniture designer who has won awards. Columbia friend works for the NYTimes. Friend from Brown is another serial entrepreneur. Money varies, but all have a lot of freedom to do what they want, and No one has a boring job.

All of that screams “trust fund gave me freedom.”

Thank you. X2. I was thinking "this has less to do with where they went to school and more to do with them having a family and backup wealth to become "furniture designers." Good Lord, correlation is just that. Clearly these posters didn't go to a top university themselves

Anonymous wrote:Most of the successful people in my community do not necessarily have elite academic credentials. An investment banker I know went to University of Richmond. This lawyer friend of ours went to UVA law and another went to Case Western. One sales executive went to college in a random university in Canada. The friends who work in local financial firms such as Navy Federal or Capital one graduated from local colleges. Yes we have friends who went to Ivys but they’re working at places like Deliotte or McKinsey or KPMG.

All of these are successful professionals who make a good living.

What is the benefit of attending an elite university?

Lol....as you reference top colleges. You could have chosen better examples to assert your premise.

School is a boost, not a destiny. It was never that important.

I don’t know why people need to have this argument. If you think it doesn’t matter, then send your kid wherever and don’t worry about what others do.

Major matters little more

In a word, no. It doesn't matter.

Anonymous wrote:Hmmmm, I think it does in terms of "life interestingness" but not necessarily wealth.

Harvard couple I know -- one person founded their own non-profit, one is a acclaimed novelist. MIT couple -- founded a few tech companies (and now are millionaires). Another elite school couple (Naval Academy, which has similar standards) -- another founder of a company, another writer. Stanford friend -- furniture designer who has won awards. Columbia friend works for the NYTimes. Friend from Brown is another serial entrepreneur. Money varies, but all have a lot of freedom to do what they want, and No one has a boring job.

All of that screams “trust fund gave me freedom.”

Anonymous wrote:Hmmmm, I think it does in terms of "life interestingness" but not necessarily wealth.

Harvard couple I know -- one person founded their own non-profit, one is a acclaimed novelist. MIT couple -- founded a few tech companies (and now are millionaires). Another elite school couple (Naval Academy, which has similar standards) -- another founder of a company, another writer. Stanford friend -- furniture designer who has won awards. Columbia friend works for the NYTimes. Friend from Brown is another serial entrepreneur. Money varies, but all have a lot of freedom to do what they want, and No one has a boring job.

+1 I would say this is a big difference between McKinsey and Capital One as well. Sorry.

Anonymous wrote:Most of the successful people in my community do not necessarily have elite academic credentials. An investment banker I know went to University of Richmond. This lawyer friend of ours went to UVA law and another went to Case Western. One sales executive went to college in a random university in Canada. The friends who work in local financial firms such as Navy Federal or Capital one graduated from local colleges. Yes we have friends who went to Ivys but they’re working at places like Deliotte or McKinsey or KPMG.

All of these are successful professionals who make a good living.

What is the benefit of attending an elite university?

You can do well with a degree but you can do better with an elite degree. Only profession where it didn't matter which medical school you attended, is now changing because STEP is pass or fail now so residency programs would weigh medical college caliber more.

Maybe a little off topic, but I don't think academic credentials are as important as they used to be (except for schools like MIT} I firmly believe that it's not the school you graduate from but what you you bring to the table. As a former managing partner (limited to 3 year term) we have hired graduates from universities across the county. What really mattered to us was the in person interview. If you can get through the interview with a bunch of old women and men you were in good shape. If we liked them, the next thing we looked for was work ethic and performance months into the job. Some recent grads performed well (about 50 hours a week) while others may have put in 60-70 hours per week. We never cared about the extra hours our new hires required to complete the work assigned to them. But we certainly took note of the commitment the 70 hour a week associate made,

Hmmmm, I think it does in terms of "life interestingness" but not necessarily wealth.

Harvard couple I know -- one person founded their own non-profit, one is a acclaimed novelist. MIT couple -- founded a few tech companies (and now are millionaires). Another elite school couple (Naval Academy, which has similar standards) -- another founder of a company, another writer. Stanford friend -- furniture designer who has won awards. Columbia friend works for the NYTimes. Friend from Brown is another serial entrepreneur. Money varies, but all have a lot of freedom to do what they want, and No one has a boring job.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most of the successful people in my community do not necessarily have elite academic credentials. An investment banker I know went to University of Richmond. This lawyer friend of ours went to UVA law and another went to Case Western. One sales executive went to college in a random university in Canada. The friends who work in local financial firms such as Navy Federal or Capital one graduated from local colleges. Yes we have friends who went to Ivys but they’re working at places like Deliotte or McKinsey or KPMG.

All of these are successful professionals who make a good living.

What is the benefit of attending an elite university?

These are very poor examples of "non-elite" institutions.

Are GMU or UR elite schools?

Totally different schools. UR has a ~29% acceptance rate.

Anonymous wrote:

Anonymous wrote:What a misleading title. Those are all T60 schools.

Btw Deloitte/KPMG/PWC/EY consulting won’t even look at your app beyond ~T100 schools.

Literally the first profile I looked at proves you wrong about your second statement. You really shouldn't make ridiculous claims and expect no one to check up on you.

https://www.ey.com/en_us/people/julie-boland

She has an Accounting background

Google EY Parthenon LinkedIn profiles

I went to CWRU law. You putting me down?😉. Actually, I have done great in life and am really happy. There were definitely some jobs harder to get, but it has all
worked out for me.