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<p>There are actually other businesses out there other than trading firms, though. See, you’re under the mistaken impression that “what trading firms do” / where they hire from is any more important than any other industry. </p>
<p>Look, goldenboy, here are the ranges of fields that people can go into:
ABCDEFGHIJKLMNOPQRSTUVWXYZ What they do and how they hire and where they hire from for fields H and P isn’t any more or less important than any other field.</p>
<p>Yes, trading firms in Chicago hire from national-elite schools. So what? Plenty of other Chicago-area firms hire from more-Chicago area schools (where, say, DePaul, or maybe Marquette to a lesser extent) compete just as well if not better per Higgins’ post above. But, go ahead and think that trading, investment banking, etc. are somehow more bellweathers of something. They’re just jobs. Some of many.</p>