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I went to a a top tier US public high school, was top 20% in my class and ended up going to a state university. Over 15 years in finance, including working at
by alexpotato 3y ago
I went to a a top tier US public high school, was top 20% in my class and ended up going to a state university.
Over 15 years in finance, including working at multiple top 10 hedge funds, I've gotten to work with a lot of top Ivy and non-Ivy graduates.
I've come to a couple conclusions:
- There doesn't seem to be a difference in the smartest people from an Ivy and the smartest people from state schools
- Going to a Ivy or top university definitely gives you an advantage at some firms and there is something to be said for the network these schools have both from an alumni perspective but also from people you went to school with.
- I would argue that state schools are a better preparation for "life in general" b/c you learn how to deal with a larger variety of people, organizations, social backgrounds etc than you do at an Ivy
- There are a LOT of senior people at firms that prioritize Ivy league graduates who did NOT go to an Ivy league school. That would lead me to believe that there are many paths to success outside of getting an Ivy league degree.
- ttyprintk 3y agoI think this resonates with a lot of HN, but would love to see stats. One big change I’ve seen in Ivy Leaguers over 20 years is the rates of people coming in from enlisted service. It hit a minimum about 10 years ago, and after they began accepting transfers is now at a local max.
- rayiner 3y ago> There are a LOT of senior people at firms that prioritize Ivy league graduates who did NOT go to an Ivy league school. 95% of college graduates didn't go to an Ivy league school, so that would be expected. But how easy is it to get into a hedge fund from Harvard compared to say UVA? In my profession, having an Ivy league degree confers a tremendous advantage. Out of the sitting Supreme Court Justices, all but one went to either Harvard or Yale.