It this why Goldman sellside research is crap?

http://dealbreaker.com/2010/03/breaking-ivy-leaguers-rarity-on-wall-street-try-hands-at-finance/#comments Kids, we live in a crazy time. What’s up is down, what’s down is up. Nothing is predictable and you never know what’s gonna happen. Take this groundbreaking piece of news: Mark Coury, a forward on the Cornell basketball team and finance major will be interning at Goldman Sachs this summer. Even crazier, despite being a college athlete, Coury demonstrates remarkable comparative analysis skills and a basic understanding of numbers. Coury, a finance major, is good with numbers. So he knows that 12th-seeded Cornell (29-4), the first Ivy League team to reach the regional semifinals of the National Collegiate Athletic Association tournament since the University of Pennsylvania in 1979, faces a daunting task against the Wildcats. But the shocks don’t end with Mark. Apparently, and I know this going to sound crazy, other people from this Ivy League school have gone down this road less traveled. Coury won’t be the first Cornell basketball player to spend his summer in New York at Goldman Sachs. Current teammate Louis Dale and former teammates Khaliq Gant and Jason Battle also held internships at the investment bank. Battle now is a securities analyst at Goldman Sachs.

Probably, I only know Cornell for its storied hotel management program.

Khaliq Gant went to my high school. Smart smart kid. Small world.

Cornell…that’s SUNY Ithaca, right? Haha…I love dropping that line on pretentious youngins in NYC who graduated from one of Cornell’s crap schools. If you studied engineering you get a pass, but the rest of that school shouldn’t even be considered “Ivy League”. If you could drop Brown and Cornell from the Ivy League, you’d make it quite a bit stronger. Sorry for the hatred, but every stuck up person I meet who isn’t that talented went to one of those two schools. If you went to H/Y/P, hell even Penn or Dartmouth, I could understand a little “I’m better than thou” attitude…but Cornell and Brown…not quite. Make sure to leave a mint on my pillow and double wash my pillow cases. Thanks.

I despise all institutional snobbery. Don’t care where you went, tell me what you know and what you’ve done. I’m surrounded by that crap, people who think they’re brilliant because of a brand. The worst are the writers. I mean or all the things to learn at a prestigious school…please. Go live in Malaysia with num, get mixed up with some utopians and write The Beach 2. You have a much better chance actually being noticed and learning something other than how to tear other people pieces apart in a safe class environment. Had some bad experiences in a fiction writng class once. End of rant.

what about UofP ?

storko Wrote: ------------------------------------------------------- > what about UofP ? Penn is a good school (you can see this clearly in rankings), but if you live in west philly practice dodging bullets.

i meant Phoenix, gotcha! I don’t think there is as much snobbery in Canada than in the States. Any Canadians agree?

What kills me is that the “I went to thus and so U” simply made better choices than I did when I was 15 and 16 years old. Good job. I admit a bit of envy, but for God’s sake, that was 20 year ago bud, get over yourself.

storko Wrote: ------------------------------------------------------- > i meant Phoenix, gotcha! > Haha, I knew that, was just being intentionally obtuse to a ridiculous question. I actually checked out McGill when I was touring colleges (got a sweet sweatshirt). I remember Montreal females being extremely attractive, but at 17 I probably though bagels were attractive…I’m getting hungry.

eureka Wrote: ------------------------------------------------------- > storko Wrote: > -------------------------------------------------- > ----- > > what about UofP ? > > Penn is a good school (you can see this clearly in > rankings), but if you live in west philly practice > dodging bullets. University of Phoenix, not UPenn

DirtyZ Wrote: ------------------------------------------------------- > Cornell…that’s SUNY Ithaca, right? > > Haha…I love dropping that line on pretentious > youngins in NYC who graduated from one of > Cornell’s crap schools. If you studied > engineering you get a pass, but the rest of that > school shouldn’t even be considered “Ivy League”. > If you could drop Brown and Cornell from the Ivy > League, you’d make it quite a bit stronger. Sorry > for the hatred, but every stuck up person I meet > who isn’t that talented went to one of those two > schools. If you went to H/Y/P, hell even Penn or > Dartmouth, I could understand a little “I’m better > than thou” attitude…but Cornell and Brown…not > quite. Make sure to leave a mint on my pillow and > double wash my pillow cases. Thanks. oh lord.

eureka Wrote: ------------------------------------------------------- > storko Wrote: > -------------------------------------------------- > ----- > > what about UofP ? > > Penn is a good school (you can see this clearly in > rankings), but if you live in west philly practice > dodging bullets. I went to penn and had shootings outside my house twice

Paradoxically, the sharpest people I’ve met in FINANCE generally have liberal arts backgrounds. If I were a hiring manager, I’d take a kid from Reed, Swarthmore, Williams, Amherst, Wesleyan, or Haverford eight times out of ten versus someone who studied finance at a “big brand” school. You get the same level of intelligence (or higher) without as much of the entitlement factor, and they know how to think critically and actually write! Of course, the “weirdo” factor also tends to be higher at the liberal arts schools, but there are ways to screen for this quickly and effectively.

I suggest everyone when they have some free time search the home pages of ivy league professors and compare syllabi to that of most state schools(rutgers, etc). ivy league teach the same shit, the only reason people go to ivy league is connections period or if you want to work for other people. most successful entrepreneurs that ivy league case studies are based on went to state schools or didn’t go to college at all.

You don’t go to a good school for the professors or the syllabus. You go to be classmates with the other kids that get into the good school. You’ll learn more from them anyway, and you will also set yourself up with some good connections for later on in life.

“ivy league case studies”. What Ivy league case studies? Most ivy league schools don’t have business schools and don’t do case studies. “I’d take a kid from Reed, Swarthmore, Williams, Amherst, Wesleyan, or Haverford” These places are full of arrogant silver spoon types. You’re talking $40K+ a year in tuition for these places. Everyone I have met from an elite liberal arts college was pretty quick to argue that his or her school was better than the ivy league.

joemontana Wrote: ------------------------------------------------------- > “ivy league case studies”. What Ivy league case > studies? Most ivy league schools don’t have > business schools and don’t do case studies. http://en.wikipedia.org/wiki/Ivy_League_business_schools 6 of the 8 do. Only Brown and Princeton don’t have business schools. P has a M of Fin though.

I’m talking about undergrad.

Harvard, Yale, Dartmouth and Columbia don’t have UG B schools.