<p>After doing a few week observation of people's profiles on LinkedIn , I shockingly noticed 90% of the Portfolio Manager , Finance kind of jobs are going to people from "tier 2 colleges", no name colleges. How are these people pulling that off?</p>
<p>Look at LinkedIn for yourself, it's true. It goes against logic. I was expecting to see 75% of them going to graduates of Ivyies or top 50 school. </p>
<p>Again check it out on LinkedIn, you'll see a lot of big finance jobs going to tier 2 & tier 3 graduates.</p>
<p>University isn’t everything, also if you are talking about tier 2 or tier 3, NYU is amazing at business, but it is tier 2/3, just because a university is tier 2 doesnt mean its business school is tier 2, its business school can range from tier 1 to tier infinite. </p>
<p>williamhill: your posting history seems to indicate that you place a lot of emphasis on the Ivy brand. Having “been there done that” and having a BA from one of the schools you’re implying, I can attest to you that your preconceived notions, while commonplace, have little to do with reality in most of the real world. Maybe seeing things like you found on linkedin may shake some of your thinking? However to say “how they did that pull that off” is offensive and denigrating – as if only a Skull and Bones person should be a fund manager. You should check that line of baloney thinking.</p>
<p>I’ve worked alongside, worked for and have supervised many people – hardly an Ivy degree among them. And I certainly don’t wear my degree on my shoulder either. It’s simply not done – but again, this diverges from many people’s ideas too. </p>
<p>T26- The statement " how did they pull it off" makes sense. An HR manager that hires a graduate of a no name school over a Ivy grad or good state school grad is not making a good desicion. This is because people from no name schools have lower IQs on the average. As a boss, I want the smartest people possible in charge. Please Note: having a higher IQ has no correlation to if a person is decent or not. It simply means they have a higher IQ.</p>
<p>… and you think people who rise to become Portfolio managers are “hired by an HR manager”? Here’s another fallacy.</p>
<p>60% of NFL players were never drafted. Never viewed as highly as the 200 or so others in that drafting year. Yet, there they are – getting the NFL paycheck. Why is that? A pedigree may get you an interview but after that, you prove your mettle. That’s about the sole value of an Ivy degree. You’re very mistaken if you think other schools are bereft of amazing people. Again, you’re not letting go of your bias even in the face of what you just saw in the linkedin scan.</p>
<p>T26- I view them getting the job as incompetence on their companies part. </p>
<p>Let’s make a bet. Ok , you start company and hire people from “no name schools” and I’ll start a company and only hire Ivy grads and grads of great state schools. </p>
<p>wh: I’ll pass. You keep your genuflecting-to-all-things-ivy attitude. It makes for good chatter here on CC for people to see and examine for themselves.</p>
<p>For those few of us dinosaurs who believe that a college education has an intrinsic value, and is not purely advanced vocational training, that’s perfectly reasonable. I agree with Peter Thiel, who is providing seed money to HS grads who have business ideas rather than ideas about college–but I’m coming at it from the opposite direction. </p>
You’ve veered to the absurd. If you’re a board director of a funding company and the candidates to be the chief managing officer of a fund either 1) has fantatstic performance but no big name college pedigree vs. 2) a Thurston howell clone but middling performance – you say you’d choose Mr. Harvard. Yeah, right.</p>
<p>You’re simply tossing flame statements for their annoyance value.</p>
<p>Anyone who believes the claims in Post 5 has some growing to do, lol. That’s not the level or sort of thinking Most Competitive or Highly Competitive colleges look for. </p>