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If you don't go to Oxbridge or a Russel group you've wasted over £30'000 Watch

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    (Original post by J-SP)
    Who told you this? Does it say it on their website? Or is this just speculation based on a random rumour you have heard?
    A friend works there, he spoke to HR and thats what they said
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    (Original post by Samendra)
    ofc it isnt, but it is by far the most compeititve consulting niche
    Just because it is competitive, doesn’t make t any more important or influential. But even then you are still wildly inaccurate with your posts.
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    (Original post by J-SP)
    Just because it is competitive, doesn’t make t any more important or influential. But even then you are still wildly inaccurate with your posts.
    When people say MBB firms, they are the biggest, the most prestigious and pay the most. How am I inaccurate?
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    (Original post by Samendra)
    Thats the thing, they actively advertise on campus so more people end up applying, they provide CV reviews, Mock interviews/assessment centres,vid int tips for example Bain's spring week has requirements of AAB at alevel, not many people outisde top 6 have those grades
    Plenty of people outside of the top 6 have AAB.

    Interesting that there plenty of non “top 6” (whatever that means) at Bain.
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    To be honest, I don't think this graph actually proves anything.

    For a start, there's the context that most graduates end up doing jobs which don't really require a degree level education. For all we know the jobs that cared more about which university you attended were all the prestigious, well-paid, intellectually challenging careers which students imagine they'll end up in when they apply to uni. In fact that seems pretty likely.

    Also, they ask for the top three considerations, and it is hardly likely that university was going to edge out aptitude, results, subject or relevant experience. An employer which cares about university is also very likely to care about degree subject and classification at least as much. Further, you could very well argue that it's impossible to dissociate degree result from the reputation of the degree-granting institution. Does anyone seriously believe all 2:1's are equivalent?

    But that's obviously not to say it's irrelevant, or that employers don't consider it. Employers don't say 'oh look an RG grad, we must hire him'. But when they're inundated by applications they do use it to slim down the list, before more rigorous selection. It's just wrong to claim otherwise.

    When I was at Oxford I went to events at several software/tech consulting firms who told us that, while they don't turn applications away, they basically don't bother recruiting outside Oxbridge. Softwire, Metaswitch... I forget the others. I remember I sat down in one interview for an internship and the first thing the interviewer said was 'Right, so I see you went to the right university...' (I didn't get it )

    (Original post by Doonesbury)
    Only in a very few cases, and those cases are becoming less common.

    Some top law and consulting firms, for example, are moving to blind applications.

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    "Very few". That's just an unsubstantiated claim which no one actually believes.

    The reason people like PWC are moving to uni-blind applications is exactly because selection by university is so pervasive. It gives you an opportunity to pick out the talent other people are turning away at the screening stage. Clever people from lesser universities see these policies and think 'Great! I have a good chance here, let me put all my effort into this application.' Fair play, they've spotted a gap in the market, but if everyone did it it wouldn't work.

    This all said, 'Russell group' is an obviously imperfect barometer for the quality of the institution.
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    (Original post by Samendra)
    When people say MBB firms, they are the biggest, the most prestigious and pay the most. How am I inaccurate?
    You are talking to an ex consulting recruiter. I know what MBB means.
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    (Original post by J-SP)
    Plenty of people outside of the top 6 have AAB. Interesting that there plenty of non “top 6” (whatever that means) at Bain.
    bro you need to chill, there are plenty that wasnt the question, there is a selection bias if there are 60% from oxbridge ofc there is 40% from others
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    (Original post by Samendra)
    bro you need to chill, there are plenty that wasnt the question, there is a selection bias if there are 60% from oxbridge ofc there is 40% from others
    And you need to stop coming out with over generalised statements and then claiming you mean a exceptionally specialist area.
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    (Original post by J-SP)
    And you need to stop coming out with over generalised statements and then claiming you mean a exceptionally specialist area.
    You dont need to be a specialist, this is widely accepted just head over to the IB thread
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    (Original post by Samendra)
    You dont need to be a specialist, this is widely accepted just head over to the IB thread
    Wait...

    Which one do you want to talk about here? Consulting or IB?

    But even then the same applies to IB. There’s a lot of IB roles outside of the big names.

    😴😴😴
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    (Original post by Rinsed)
    (re-arranged by quoter)
    "Very few". That's just an unsubstantiated claim which no one actually believes.
    ...
    I say down in an interview for an internship and the first thing the interviewer said was 'Right, so I see you went to the right university...' (I didn't get it )
    "Very few" relative to the hundreds of thousands of grads in professional employment.

    Only proves they were looking for the right person for the job, not (necessarily) the "right university". You don't know if an interviewee who had not been to the "right university" got the position. Or applied.
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    (Original post by J-SP)
    Wait...

    Which one do you want to talk about here? Consulting or IB?

    But even then the same applies to IB. There’s a lot of IB roles outside of the big names.

    😴😴😴
    IB or MBB Consulting, id say its worse is consulting. The smaller you go the worse it gets as they dont have time to get s full-fledged recruitment system so uni is a good differentiator
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    (Original post by Samendra)
    IB, the smaller you go the worse it gets as they dont have time to get s full-fledged recruitment system so uni is a good differentiator
    I must have been screening applications in the wrong way then for years....
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    (Original post by J-SP)
    I must have been screening applications in the wrong way then for years....
    Sure, depends on where you work and what their philosophy is
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    (Original post by Samendra)
    A friend works there, he spoke to HR and thats what they said
    One of the largest Canadian pension fund in London is expanding to a total of 40 staff (from 28). I doubt any Canadian pension manager would be hiring 20 fresh grads in one go. And certainly not "every year" (unless they have a major employee retention problem...).

    http://uk.reuters.com/article/uk-can...-idUKKBN186009
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    (Original post by Samendra)
    Sure, depends on where you work and what their philosophy is
    Indeed. That’s why people have to stop coming out with the cr*p statements that completely over generalise things 😉
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    (Original post by J-SP)
    Indeed. That’s why people have to stop coming out with the cr*p statements that completely over generalise things 😉
    I dont know what your problem is, have a look at the stats yourself
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    (Original post by Samendra)
    I dont know what your problem is, have a look at the stats yourself
    Feel free to provide these stats to prove yourself right
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    (Original post by Doonesbury)
    One of the largest Canadian pension fund in London is expanding to a total of 40 staff (from 28). I doubt any Canadian pension manager would be hiring 20 fresh grads in one go. And certainly not "every year" (unless they have a major employee retention problem...).

    http://uk.reuters.com/article/uk-can...-idUKKBN186009
    I wasn't talking abot Reuters, its a firm creating a new office, hired 20 this year dont kmow about figures next year
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    (Original post by J-SP)
    Feel free to provide these stats to prove yourself right
    ok wait
    https://www.thestudentroom.co.uk/sho....php?t=4680576
 
 
 
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