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That's fascinating. I had no idea about the 'classes' thing. I wonder if there's an alternate track for someone already established in another field. Could a
by QualityReboot 8y ago
That's fascinating. I had no idea about the 'classes' thing.
I wonder if there's an alternate track for someone already established in another field. Could an established software developer somehow transition to getting a "big bucks" management position? Or does it all flow through that class system, and if you didn't enter at the bottom, you're not able to get to the top?
- ryandrake 8y agoAs OP said, the typical way to go into management consulting or investment banking or another of these "big bucks" careers is to do it right from the start. Going to a "prestigious" undergrad school helps immensely. Being able to look and talk like a big shot helps. Slog it out in a bank as an analyst for some years. Then at some point go to MBA school as a finishing degree, and then back into a bank/consulting company as a made man higher-level employee. The key is to get that "elite" pedigree early, which opens the rest of the doors. There are also career changers who start out as something else (like a software developer) and go to the best MBA school they can get into, in order to try to "sneak in to the back door of the club" that way. I actually tried (and failed) to walk this path. My jaded view, after blowing more $ than I care to admit on B-school and literally dozens of interviews that went nowhere, is that these employers are looking for people already in the in-crowd, pre-blessed as elite, and are in general not welcoming to working class career changers. Investment banks are primarily looking for pedigreed former bankers, and management consulting firms are primarily looking for pedigreed former management consultants, and good luck if you're not already in one of those clubs.
- misingnoglic 8y agoMy "conspiracy" theory is that tech companies would be like this too, except it would literally be impossible to fully staff your CS team on elite bigshots.
- tathougies 8y ago> "big bucks" management position? Or does it all flow through that class system, and if you didn't enter at the bottom, you're not able to get to the top? Unless you are bringing in substantial expertise in the strategy side of technology (and most importantly, have a rolodex full of rich potential clients), it is unlikely that you would be hired. Outside of the traditional hiring rounds from undergrad and biz school, it is exceedingly rare to be given an employment offer.