Anonymous wrote:I have read several references to how kids at top schools aren't getting into "THE investment club" or something like that.
If so many kids aren't getting into the investment club, why wouldn't the students just start a new club? Then there would be 2 or 7 or whatever number of clubs until everyone who wanted to be in one would be in one? What am I am I missing?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:there are 27 or however many investment club, but the most prestigious investment clubs with the best name recognition among high finance recruiters / alumni network will naturally be limited in quantity.
What’s the evidence that recruiters and alumni care about this when hiring?
There is none.
This is good to know.
Sadly, you're wrong. Evidence is as yet anecdotal, but research now under peer review suggests that the influence of club alumni networks in hiring, esp. for finance and consulting, is real and considerable.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:there are 27 or however many investment club, but the most prestigious investment clubs with the best name recognition among high finance recruiters / alumni network will naturally be limited in quantity.
What’s the evidence that recruiters and alumni care about this when hiring?
There is none.
This is good to know.
Sadly, you're wrong. Evidence is as yet anecdotal, but research now under peer review suggests that the influence of club alumni networks in hiring, esp. for finance and consulting, is real and considerable.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:there are 27 or however many investment club, but the most prestigious investment clubs with the best name recognition among high finance recruiters / alumni network will naturally be limited in quantity.
What’s the evidence that recruiters and alumni care about this when hiring?
There is none.
This is good to know.
Sadly, you're wrong. Evidence is as yet anecdotal, but research now under peer review suggests that the influence of club alumni networks in hiring, esp. for finance and consulting, is real and considerable.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:there are 27 or however many investment club, but the most prestigious investment clubs with the best name recognition among high finance recruiters / alumni network will naturally be limited in quantity.
What’s the evidence that recruiters and alumni care about this when hiring?
There is none.
This is good to know.
Anonymous wrote:I have read several references to how kids at top schools aren't getting into "THE investment club" or something like that.
If so many kids aren't getting into the investment club, why wouldn't the students just start a new club? Then there would be 2 or 7 or whatever number of clubs until everyone who wanted to be in one would be in one? What am I am I missing?
Anonymous wrote:There are a lot of talented and super driven kids at top schools. My kid is a freshman at a top ranked school. Auditioned for 3 performing arts groups and was accepted to 1. (After writing application essays, hours of auditions, and coffees with club leaders). A bit of a wake up call for my kid. They also applied to a few business clubs and joined one business club that seemed interesting. Club applications/interviews require time and my kid was too busy socially so applied to only 2 (out of 40+). I think kids find plenty of opportunities if they focus on what interests them vs clubs that are perceived as prestigious. Also, my current observation is that the connected kids will do fine with getting internships from family connections. Kids like mine (without connections) will likely benefit from school and club networking opportunities - but clubs are only 1 path- there are many others.
Anonymous wrote:Anonymous wrote:Anonymous wrote:there are 27 or however many investment club, but the most prestigious investment clubs with the best name recognition among high finance recruiters / alumni network will naturally be limited in quantity.
What’s the evidence that recruiters and alumni care about this when hiring?
There is none.
Anonymous wrote:Just don't apply to the top 25 colleges or top 10 LACs and you'll be fine!
It's too crowded at top 30 schools with type A grinders to get into clubs! It negatively impacts the student experience and their development. It's like going to disneyland during Thanksgiving - too crowded with entitled, intense people you don't want to stand in line with!
Lots of top50 or top100 schools where getting into clubs in pretty smooth.
Anonymous wrote:Anonymous wrote:I used to hire for investment banking on Wall Street, recruiting at major schools (particularly my TT alma mater). If I were still in that role, I would be certain to avoid these kids like the plague.
I met one of these kids at an alumni event recently and he was so proud of having been in the club and landing the dream Wall Street job, and how many of his friends also had. I couldn't listen to it. A few years earlier I'm sure he was the same kid advertising his 20 AP classes or his fake extracurriculars. I was embarrassed that my alma mater, which was always pretty pre-professional, seems to have strongly embraced this.
The club kids sound absolutely insufferable. Particularly those who already come from privileged backgrounds. I am more understanding of the kids who come from less privileged backgrounds who see it as a way to educate themselves on something that might be somewhat foreign to them.
girl you were at an alumni event at your you-must-say TT alma mater. dont be shocked when there are snakes in a lake. don't hate the snake for being in the lake. if you dont like it, dont swim in a lake.
Anonymous wrote:I read recently that Penn admin has limited Wharton clubs to only one round that an applicant must go through to one to make the process more equitable, don’t know if it’s the same for other schools there but the clubs do not like it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:there are 27 or however many investment club, but the most prestigious investment clubs with the best name recognition among high finance recruiters / alumni network will naturally be limited in quantity.
What’s the evidence that recruiters and alumni care about this when hiring?
There is none.