<p>^^
The linked article refers to “elite” schools and “elite” students. I don’t see any reference to “elite” jobs. Surely not every job in the financial services sector is “elite”.</p>
<p>As the author of that NYT article explains, “each school categorizes the jobs of its graduating seniors in different ways, so we can’t compare them to one another.” I don’t know if it would be feasible some day to have a CDS-like reporting standard for outcomes. Maybe. Meanwhile, what counts as a “finance” job? What counts as a “top company” when we compare school performance?</p>
<p>The ~500 Wharton class of 2013 graduates accepted 12 offers to work at McKinsey. Well, Wharton’s program is specifically tailored to business & finance. The numbers I’ve seen for UVa and Georgetown are down in the single digits. Maybe they are somewhat higher for Harvard or Princeton. If we wanted to count all the McKinsey-class “top companies”, which ones would we include? On what basis? Would we exclude government agencies? The internships I cited above included one for quantitative analysis to set damage awards in lawsuits. How should we categorize that kind of work?</p>