cbreeze

Easy, they found jobs. They are going to work.

MBA programs are not like other grad programs, most require several years of work experience before they are considered for admission.

A lot of students coming out of top UG programs in a business related major (finance, accounting, econ) found jobs with excellent prospect, thus eliminating the need for any MBA degrees. One can say that the most brilliant capable and entrepreurial people don't need advanced degrees in order to be successful.

Meanwhile, the MBA is not as prevalent as some might think in the hedge fund/alternatives world where median compensation tend to be the highest in the finance world, only one third of all hedge fund/alternatives professionals in recent hires held an MBA degree.

bconfidential

But if you're going through all the data anyway, don't you keep a count of how many are from each undergrad school? How else would you be able to search through the facebook groups and linkedin groups and find out ONLY the schools that sent 4 or more people?

All I want to know is what undergrad school each member of the Class of 2014 (or 2013) for any one of those schools went to. I went through some Facebook groups, but some are already listing the current b-school as their school. Without looking into their profiles, you can't tell, for example, if Columbia was their undergrad or if it's their grad school only. And some still have their employers on them. How do you find out what each student's undergrad is without having access to their full profiles?

XaviFM

What is GIT?

PAGRok

Georgia Institute of Technology.

XaviFM

Oh okay, but that is not how it's abbreviated. I got confused there for a minute.

bconfidential

I figured out how to find out about each school. Don't know if Facebook just added this feature but now you can search within a closed group....not just view the members. Now all I have to do is type a school's name in a particular school's class of 2014 group and I can find how many (and who) from that school are going to be in the b-school this year.

Is that a new feature? Didn't notice it last week.

sakky

Is the implication that Chicago economics undergrads are more likely to enter hedge funds or alternatives than say, the economics undergrads from the Ivies, MIT, or Stanford?

sakky

I'm not sure if that comment was directed to me, but I was not the one perusing facebook/linkedin groups to collate the data. PoetsandQuants did that; you are free to take the issue up with them.

JHB619

Don't most people just call it GT? lol

Not to hijack this thread, but sakky, you've got mail.

cbreeze

The first paragraph is to answer specifically the question on where the U of Chicago econ grads like have gone.

I am surprised you misread my post. No mention of graduates from Ivies, MIT or Stanford, right?

sakky

I am surprised that you misread my post (or perhaps the thread). The question on the table is why UChicago undergrads seem to be conspicuously poorly represented at the nation's top MBA programs, relative to undergrads from the Ivies/MIT/Stanford. The implication of your post is that such UChicago undegrads may have gone to hedge funds/alternative-investment funds which tend not to be heavily dominated by MBA's. But that logic would hold only if UChicago undergrads are disproportionately overrepresented in the hedge/alternative space relative to the undergrads from the Ivies/MIT/Stanford. Is that what you are in fact asserting?

cbreeze

Oh yeah??? Chicago wasn't even mentioned until RML mentioned it in post 18.
Perhaps to you this whole thread is about Chicago grads vs. econ grads at Ivies/MIT/Stanford.

Where did I say Chicago grads have gone to hedge funds. I said they have gone to work.

The hedge funds paragraph has nothing to do with Chicago grads. It implies not everyone needs an MBA to be financially successful. You should know that. Top feeder schools to Harvard Business schools have no real meaning in terms of financial success.

From Bloomberg

There are many people in their mid 20's to mid 30's who can make >$3M in a year in HF/alternative firms.

sakky

Oh yeah indeed. You are correct - Chicago wasn't specifically mentioned until post #18 - but that's the point. He posed an interesting observation in that post - an observation to which you specifically replied. Indeed, you even quoted his post in your reply. Without his post, you would not have replied.

Uh, how's that? My initial post on this thread is #22, which has nothing to do with RML's statement regarding Chicago.

On the other hand, your posts, so far, have had everything to do with Chicago.

Fair enough. Then we still have RML's observation left unexplained - why are Chicago undergrads so lightly represented at the top MBA programs, relative to undergrads from peer schools?

goldenboy8784

I don't think that Chicago is all that well recruited by the elite firms...its as simple as that. Bain and McKinsey don't recruit at UChicago and these are perhaps 2 of the top 5 feeder companies to HBS and Stanford GSB. Its tough to get the golden ticket at these two business schools when you don't have the elite pedigree they are looking for...

kkuo12887

What is an "elite pedigree"?