Worth noting is that these firms go after mediocre Ivy graduates. The 3.8 CS majors are overqualified (except for quant positions). It's not about intelligence. It's only somewhat about social status.
michaelochurch on news.ycombinator.com
I work for an actuarial consulting firm and our hiring processes are in fact opposite of those mentioned above. our hiring process is a highly structured and monitored affair that places an emphasis on job experience and "non ivy league" elite schools such as Umichigan.
honeyoak on econlib.org
How I evaluate
I got them all to provide a writing sample. Since we do a lot of writing, I ended up putting a massive amount of weight in my final decision on that.
John Hall on econlib.org
It is true that evaluators have a huge latitude. When I was interviewing and eliminating applicants to my department, my word was basically law on who was hired. However, I gave detailed reasons why I chose the people we hired.
sangjmoon on reddit.com
This leaves out the many comments about investment banking no longer being an "elite" job. Recent events seem to point out that investment bankers have no real clue about the economy.