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Absolute poppycock! Are super elite hedge funds and investment firms going to start recruiting at NYU now if they didn’t before since one of the faculty members just won a Nobel Prize? Are the resumes of NYU Economics majors who seek to get a PhD in the field enhanced now that a professor who they may have glanced at once or twice while passing through the department wing won a Nobel? Is the fact that a NYU professor just won a Nobel Prize directly going to improve the selectivity of the institution and attract stronger students as a result of this occurrence?</p>
<p>The answer to all of the above is no. The Nobel Prizes are meant to reward phenominal breakthrough by individuals in their respective fields of study and not universities</p>
<p>If anything, the Rhodes and Marshall fellowship count enhances the profile of an undergraduate institution to at least a non-trivial degree since both these awards deal specifically with research and advising opportunities that are tied directly to the home institution of the winners.</p>
<p>The new Princeton Nobel Prize winning Economics professor could have conducted his breakthrough research anyway. He was recruited by Princeton early since he was a luminary in his field and he accepted the offer since Princeton is a the pinnacle of graduate prestige in the field of economics. There is nothing that Princeton specifically did that would justify them getting any praise as a result of Christopher Sims’ accomplishments.</p>
<p>On the other hand, the Rhodes scholarship winners which Princeton produces annually wouldn’t have won the fellowship without the stellar research opportunities, advising and academic environment that the university provides.</p>
<p>Stop these nonsense threads.</p>