Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Of interviewed students, what fraction just applied online without a connection?

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

What “relevant” coursework? Kids with English and History and all kinds of humanities degrees from top schools get hired in banking or consulting.

Less often these days. There's a lot more interest in engineering students and others with hard majors, math and so on. Banking and consulting do want some raw brain power. No one floats through an engineering degree regardless of grade inflation. Any English or History major that gets hired by these firms today likely has a parent that's a Managing Director and so on somewhere on Wall Street. Or they are the offspring of a prominent and wealthy family. Generally, an English degree doesn't fly unless they're bringing the connections and the wealth.

Why do you hire econ/finance/business majors over math/stats/engineering/CS/physics majors? Wouldn't the latter be expected to have more brainpower?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

What “relevant” coursework? Kids with English and History and all kinds of humanities degrees from top schools get hired in banking or consulting.

This has become MUCH rarer, especially as the top schools’ student bodies become more pre-professional.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

To what level of granularity? Does taking math 22a/b as an econ major look meaningfully better than math 18a/b? I shouldn't need to name the school, unless you know of multiple target schools with this numbering scheme.

Wait..where can you major in economics and not take 22 a/b ?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

What “relevant” coursework? Kids with English and History and all kinds of humanities degrees from top schools get hired in banking or consulting.

Less often these days. There's a lot more interest in engineering students and others with hard majors, math and so on. Banking and consulting do want some raw brain power. No one floats through an engineering degree regardless of grade inflation. Any English or History major that gets hired by these firms today likely has a parent that's a Managing Director and so on somewhere on Wall Street. Or they are the offspring of a prominent and wealthy family. Generally, an English degree doesn't fly unless they're bringing the connections and the wealth.

Why do you hire econ/finance/business majors over math/stats/engineering/CS/physics majors? Wouldn't the latter be expected to have more brainpower?

This is my least favorite new hiring practice. We're gonna randomly hire smart people who are untrained to do our jobs to do something they don't care about and pay them a bunch just cause they're smart! I did an undergrad in physics and graduate training in statistics. Lord knows, you don't wanna hire most of the people from my cohort, just because they're "smart."

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

What “relevant” coursework? Kids with English and History and all kinds of humanities degrees from top schools get hired in banking or consulting.

This has become MUCH rarer, especially as the top schools’ student bodies become more pre-professional.

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Anonymous wrote:If grade inflation is happening at elite colleges or Ivy League schools, as reported by the New York Times and other outlets, how do on-campus recruiters distinguish between applicants? I’ve also heard that some hedge funds and investment banks actually ask for or look at applicants’ prior math-competition results (such as USAMO or AIME). This was mentioned in the Chinese social media—is that actually true?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

To what level of granularity? Does taking math 22a/b as an econ major look meaningfully better than math 18a/b? I shouldn't need to name the school, unless you know of multiple target schools with this numbering scheme.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

What “relevant” coursework? Kids with English and History and all kinds of humanities degrees from top schools get hired in banking or consulting.

Less often these days. There's a lot more interest in engineering students and others with hard majors, math and so on. Banking and consulting do want some raw brain power. No one floats through an engineering degree regardless of grade inflation. Any English or History major that gets hired by these firms today likely has a parent that's a Managing Director and so on somewhere on Wall Street. Or they are the offspring of a prominent and wealthy family. Generally, an English degree doesn't fly unless they're bringing the connections and the wealth.

Why do you hire econ/finance/business majors over math/stats/engineering/CS/physics majors? Wouldn't the latter be expected to have more brainpower?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

What “relevant” coursework? Kids with English and History and all kinds of humanities degrees from top schools get hired in banking or consulting.

Less often these days. There's a lot more interest in engineering students and others with hard majors, math and so on. Banking and consulting do want some raw brain power. No one floats through an engineering degree regardless of grade inflation. Any English or History major that gets hired by these firms today likely has a parent that's a Managing Director and so on somewhere on Wall Street. Or they are the offspring of a prominent and wealthy family. Generally, an English degree doesn't fly unless they're bringing the connections and the wealth.

Anonymous wrote:Family member worked at a hedge fund in his twenties had to provide his SAT scores. This was about ten years ago. Assume this common in some fields where prestige matters a lot, especially now with even more grade inflation.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.

Thank you for the kind and detailed information. I spoke with my child’s school counselor, and they mentioned that some tech companies—at least here on the West Coast—look at applicants’ high schools in addition to the the academic competition to get a sense of their background, since they don’t rely solely on college names anymore. I found that interesting and was wondering whether a similar trend exists in the financial industries in the East Coast.

Me again. No big banking or consulting employer "relies solely on college names." Even if we are looking at a candidate from a target school, we are going to be looking at the relevant coursework. We're familiar with the course catalog at the target schools.

Anonymous wrote:PP here who posted about exec functioning skills and about how high school doesn't matter. I worked in recruiting for IB and also for consulting (after actually being a consultant myself). Happy to answer questions.