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We work our a$$es off to learn multivariable calculus and NPV while history majors from Ivy League universities learn Plato and useless s*it.
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<p>And how do you know they don't work their butts off too? They got into the elite schools for a reason.</p>
<p>So you think that just b/c you went to an elite university, you are entitled to a better job than state university grads?</p>
<p>We work just as hard (at least the ones I know from my state flagship university). Some of us choose state universities over prestigious Ivy League universities for a variety of reasons (money, location, comfort, friends, etc.).</p>
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So you think that just b/c you went to an elite university, you are entitled to a better job than state university grads?
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<p>When did I ever say that? You're putting words into my mouth. Btw, if you didn't notice already from my location, I go to a state university too. No need to generalize all Ivy Leaguers.</p>
<p>UCLA is considered one of the better, if not one of the best state universities b/c it is "up there" with many elite universities (likely below Ivy League level, but I say up there with Rice/Emory/Carnegie Mellon). </p>
<p>Admittedly, you do not seem as snooty as some UCLA I've encountered before. But USC people are actually worse and snootier than UCLA grads!!!</p>
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USC people are actually worse and snootier than UCLA grads!!!
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<p>:rolleyes:</p>
<p>Sorry you took offense, I personally just can't stand USC students/alumni. They honestly think they are up there with Stanford academically. It's ridiculous.</p>
<p>BTW, UCLA is a fine institution. An excellent institution. And no, I'm not trying to suck up to you. It's a better university (prestige-wise) than the one I attended (though also a flagship university, just not in California).</p>
<p>Haha no... I was just amused by that statement. USC and UCLA are huge rivals you know? lol</p>
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Haha no... I was just amused by that statement. USC and UCLA are huge rivals you know? lol
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<p>LOL</p>
<p>I can't imagine putting up with USC students/alumni. These guys are practically your next door neighbors. If I can't stand USC students/alumni and think they are snooty d-bags, I can't imagine how you put up with them.</p>
<p>USC students have huge chips on their shoulders. They, probably more than anybody else, really make a big deal of the US News rankings (b/c USC is "top 30") and genuinely seem to seek validation from that magazine's rankings. It's pathetic, hilarious, and annoying.</p>
<p>Who cares about U.S. News rankings? But, if you do, you'll know that in 1999, USC was ranked 41, whereas UCLA was ranked 25. Almost ten years later, USC has made a leap to #27, whereas UCLA has remained in the same spot (no improvement whatsoever).</p>
<p>Let's see where UCLA will rank in 2017. Probably will stay on 25, while USC will hit top 15, guaranteed.</p>
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Wow, these history Ivy Leaguers are really delusional to think that just b/c they went to an Ivy League school, they are automatically "smarter" than the finance/accounting major from a state university and are therefore entitled to these investment banking jobs.</p>
<p>Contrary to what you delusional Ivy Leaguers think, we finance/accounting majors from state universities bust our balls at our state universities (unlike history and poli sci majors). We work our a$$es off to learn multivariable calculus and NPV while history majors from Ivy League universities learn Plato and useless s*it. </p>
<p>The reason the economy is in such bad shape is that all those a-hole i-bankers from Ivy League universities have screwed it up. Ivy Leaguers were more interested in money and being prestige wh0res and now the economy is ruined b/c of greedy, arrogant Ivy Leaguers. I hope you Ivy Leaguers get your coemuppance. Karma's a b*tch isn't it, i-bankers?
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<p>I hope you realize that going into banking after college as an analyst takes almost no math/finance skills. You learn everything you could possibly need to know over a couple of weeks. I was one of those ivy league liberal arts majors and I did just fine, as did everybody who has marginal intelligence. </p>
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ut, if you do, you'll know that in 1999, USC was ranked 41, whereas UCLA was ranked 25. Almost ten years later, USC has made a leap to #27, whereas UCLA has remained in the same spot (no improvement whatsoever).
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<p>USC has been stalled at 27 for a few years now right? No way USC ever surpasses UCLA on the street. When you say USC in new york half the people think you mean south carolina. Rank or not USC will never be on par with UCLA/Mich/UVA/Berkeley in the eyes of the street.</p>
<p>It takes almost no math/finance skills to be an analyst? Then why bother go to college at all, hire them straight from high school.</p>
<p>You go to law school to learn law and practice law, same with medicine. Therefore, you need to study finance to work in the field, and not write papers about Jane Eyre.</p>
<p>This is all irrelevant since the industry is finito, and you, liberal arts degree, ivy league graduates, with only two weeks of training, killed it.</p>
<p>"You go to law school to learn law and practice law, same with medicine. Therefore, you need to study finance to work in the field, and not write papers about Jane Eyre."</p>
<p>Do yourself a favor: take a college class in formal logic. At this point, I am not sure whether I should feel pity or contempt. But, either way, it's really sad.</p>
<p>Oh, S.T.F.U.</p>
<p>So other than an degree from an Ivy League university (any major okay, even basket weaving at an Ivy), you don't need any other job skills to be an i-banker?</p>
<p>So basically, Ivy Leaguers have no incentive to work hard or get good grades b/c they know they will be handed a fancy i-banking job. Instead, all they learned from said Ivy League institution is a sense of entitlement and the feeling that you deserve a high paying job by virtue of your Ivy League degree.</p>
<p>Yes, yes, I know Ivy Leaguers will get all defensive and say "blah blah blah, I work hard to get into Ivy, blah blah, blah". But yeah, just b/c you got into an Ivy doesn't mean you are entitled to anything more than a state university grad. </p>
<p>this sort of behavior is why our economy is in such bad shape. Ivy League graduates working in Wall Street with no sense of ethics or morals, instead chasing only money and prestige, have let their greed get in the way and caused the markets to collapse. Great job, guys.</p>
<p>^I don't think there is any sense of "entitlement" among Ivy and Ivy-equivalent students that they are going to land plump jobs right out of university without working hard - since competition to get into the prestigious front office jobs are quite intense too.</p>
<p>Employers still do demand very good grades, the right ECs, "passion and commitment" and all the other stuff. It is sort of like college admissions all over again.</p>
<p>The whole credit crisis certainly has nothing to do with what the UG major was of people in the industry 15-25 years ago. I don't see bringing in more UIllinois accountants and less Yale history majors as the solution.</p>
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You go to law school to learn law and practice law
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<p>This isn't true, either. At law school, you learn logic and a way of thinking. You don't learn to practice the law until taking the bar and working at a firm. Kind of the equivalent of taking the CFA or going back for an MBA.</p>
<p>"So other than an degree from an Ivy League university (any major okay, even basket weaving at an Ivy), you don't need any other job skills to be an i-banker?"</p>
<p>Two things are needed for success in investment banking: a high IQ, and (the potential for) connections. An Ivy degree indicates potential for these two things.</p>
<p>It certainly has little to do with the importance of a high IQ. Obviously having a high IQ does not prevent making extremely stupid decisions. This has been proven time and time again by WS financial disasters.</p>
<p>I'd like to give the UI accountants a try. They could not do worse than what we have had the last 20 years. Raw brainpower is important in rocket science. Business is not rocket science.</p>
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It takes almost no math/finance skills to be an analyst? Then why bother go to college at all, hire them straight from high school.</p>
<p>You go to law school to learn law and practice law, same with medicine. Therefore, you need to study finance to work in the field, and not write papers about Jane Eyre.</p>
<p>This is all irrelevant since the industry is finito, and you, liberal arts degree, ivy league graduates, with only two weeks of training, killed it.
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<p>Yes, the kids with two weeks of training were put smack dab in the most powerful positions in the banks and brought them down! Fuld only had two weeks experience. When I see posts like this I remember that you can never underestimate the ignorance/stupidity of the American people. </p>
<p>Dick Fuld graduated from University of Colorado and managed to bring down Lehman. He also got an MBA. Look how those states schools + business skills clearly outshine us LA ivy graduates. </p>
<p>And if you think I could just sit on my ass for 4 years and had an ibanking job coming to me you're insane. I did the same thing that got me into my school, got great grades, did tons of EC's, and networked like crazy. Most kids at my school didn't get jobs on the street and I came from a top ivy. It's hard as hell to get them, even from an ivy. </p>
<p>It's clear that you either 1) Didn't get into an ivy and are bitter, 2) Didn't get an IB job and are bitter, or 3) both (most likely).</p>
<p>I believe the head of Lehman's RE mortgage unit went to Yale and Harvard. Maybe Fuld got some bad advice.</p>