Posts tagged ‘BYU’

Credentialism: A Problem that Cuts Both Ways

From the Chronicle of Higher Education via TaxProf Blog

If you want to get a job at the very best law firm, investment bank, or consultancy, here’s what you do:

1. Go to Harvard, Yale, Princeton, or (maybe) Stanford. If you’re a business student, attending the Wharton School at the University of Pennsylvania will work, too, but don’t show up with a diploma from Dartmouth or MIT. No one cares about those places. ... That’s the upshot of an enlightening/depressing study about the ridiculously narrow-minded people who make hiring decisions at the aforementioned elite companies. ... These firms pour resources into recruiting students from “target schools” (i.e., Harvard, Yale, Princeton) and then more or less ignore everybody else. Here’s a manager from a top investment bank describing what happens to the resume of someone who went to, say, Rutgers: “I’m just being really honest, it pretty much goes into a black hole.”

Being, I suppose, an insider to this process (Princeton - Harvard Business School - McKinsey & Company) I'd like to make a few comments

  • First and foremost, this problem cuts both ways.  I can imagine outsiders are frustrated with the lack of access.  But as an insider I can tell you  (cue Admiral Akbar) It's a Trap!  You go to Princeton, think, wow, I did well at Princeton, it would be a waste not to do something with that.   You are a competitive sole, so getting into a top grad school is an honor to be pursued just like good grades.   So you go to Harvard Business School (it could have been Harvard Law) and do well.  And what is the mark of achievement there? -- getting a job at a top consultancy or top investment bank.  So you take the McKinsey job, have your first kid, and what do you find out?  Wow, I hate this job!  In fact, the only thing I would have hated more is if I had taken that Wall Street job.   Eventually you find happiness running your own company, only to discover your Ivy League degrees are a liability since they intimidate your employees from sharing their ideas and most of the other guys you know successfully running businesses went to Kansas State or Rutgers.
  • My only data point inside this hiring process is from McKinsey about 15-20 years ago, so it may be out of date.    But at that time, the above statement would be BS.  Certainly hiring was heavily tilted to the top Ivies and a few top business schools.  But we had people with undergrad degrees from all over - in fact most of our office in Texas had undergrad degrees from the Texas state schools  (at lot from BYU too -- McKinsey loved the Mormons).  At the time, McKinsey was hiring hundreds of people out of business school around the world each year.  No way this could have come from only a few schools.
  • My hypothesis is that this may be more a regional than an industry bias, limited to Boston/New York/East Coast.  Since many top law firms and consultancies and investment banks are in NYC, they reflect this local bias.  But I would bet these same firms and industries hire differently outside of the East Coast.
  • There is some rationality in this approach - it is not all mindless snobbism.   Take Princeton.  It screens something like 25,000 already exceptional applicants down to just 1500, and then further carefully monitors their performance through intensive contact over a four year period.  This is WAY more work and resources than a private firm could ever apply to the hiring process.  In effect, by limiting their hiring to just a few top schools, they are outsourcing a lot of their performance evaluation work to those schools.

CoyoteBlog Readers' Tournament Pick Count

I am a glutton for stats, so I always love to post this analysis.  Of the 125 brackets we have in the tournament, this is how many picked each team in each game  (teams in red are those already knocked out)

By the way, how about that buzzer-beater in overtime by Western Kentucky!

Pick counts for all PickHoops

Round 1 Round 2 Round 3 Round 4 Round 5 Round 6
East
1 North Carolina 123
16 PlayinWinner 2
1 North Carolina 117
8 Indiana 6
16 PlayinWinner 2
9 Arkansas 0
1 North Carolina 107
4 Washington St 7
5 Notre Dame 5
8 Indiana 4
13 Winthrop 1
16 PlayinWinner 1
9 Arkansas 0
12 George Mason 0
1 North Carolina 79
2 Tennessee 23
3 Louisville 15
5 Notre Dame 2
8 Indiana 2
6 Oklahoma 1
13 Winthrop 1
4 Washington St 1
16 PlayinWinner 1
15 American U. 0
10 South Alabama 0
7 Butler 0
14 Boise State 0
12 George Mason 0
11 St. Josephs 0
9 Arkansas 0
1 North Carolina 53
1 Kansas 27
2 Tennessee 13
3 Louisville 10
2 Georgetown 7
3 Wisconsin 5
5 Clemson 2
4 Vanderbilt 2
13 Winthrop 1
16 PlayinWinner 1
6 Oklahoma 1
5 Notre Dame 1
10 Davidson 1
7 Gonzaga 1
13 Siena 0
12 Villanova 0
14 CS Fullerton 0
15 Maryland-Balt. 0
11 Kansas St. 0
6 USC 0
15 American U. 0
4 Washington St 0
12 George Mason 0
9 Arkansas 0
8 Indiana 0
11 St. Josephs 0
14 Boise State 0
8 UNLV 0
16 Portland State 0
10 South Alabama 0
7 Butler 0
9 Kent State 0
1 North Carolina 32
1 UCLA 22
1 Kansas 20
1 Memphis 17
2 Texas 6
2 Tennessee 6
2 Georgetown 5
4 Pittsburgh 3
3 Louisville 3
2 Duke 3
3 Wisconsin 2
5 Clemson 1
16 PlayinWinner 1
3 Stanford 1
15 Belmont 1
4 Connecticut 1
10 Davidson 1
6 Marquette 0
10 St. Marys CA 0
13 Oral Roberts 0
7 Miami Fla. 0
11 Kentucky 0
14 Cornell 0
8 BYU 0
3 Xavier 0
11 Baylor 0
14 Georgia 0
7 West Virginia 0
10 Arizona 0
6 Purdue 0
13 San Diego 0
12 Temple 0
16 MississipValSt 0
9 Texas A&M 0
5 Drake 0
12 W. Kentucky 0
15 Austin Peay 0
15 Maryland-Balt. 0
14 Boise State 0
11 St. Josephs 0
7 Butler 0
10 South Alabama 0
15 American U. 0
6 Oklahoma 0
13 Winthrop 0
9 Arkansas 0
8 Indiana 0
5 Notre Dame 0
12 George Mason 0
4 Washington St 0
16 Portland State 0
8 UNLV 0
7 Gonzaga 0
14 CS Fullerton 0
16 TexasArlington 0
8 Mississippi St 0
9 Oregon 0
11 Kansas St. 0
6 USC 0
9 Kent State 0
12 Villanova 0
4 Vanderbilt 0
13 Siena 0
5 Michigan St. 0
8 Indiana 63
9 Arkansas 62
5 Notre Dame 89
12 George Mason 36
4 Washington St 59
5 Notre Dame 49
12 George Mason 12
13 Winthrop 5
4 Washington St 101
13 Winthrop 24
6 Oklahoma 72
11 St. Josephs 53
3 Louisville 96
6 Oklahoma 19
11 St. Josephs 6
14 Boise State 4
2 Tennessee 62
3 Louisville 44
7 Butler 8
6 Oklahoma 8
15 American U. 1
14 Boise State 1
10 South Alabama 1
11 St. Josephs 0
3 Louisville 117
14 Boise State 8
7 Butler 96
10 South Alabama 29
2 Tennessee 101
7 Butler 20
15 American U. 2
10 South Alabama 2
2 Tennessee 122
15 American U. 3
Midwest
1 Kansas 123
16 Portland State 2
1 Kansas 117
8 UNLV 3
9 Kent State 3
16 Portland State 2
1 Kansas 94
5 Clemson 15
4 Vanderbilt 10
8 UNLV 2
16 Portland State 2
13 Siena 1
12 Villanova 1
9 Kent State 0
1 Kansas 60
2 Georgetown 29
3 Wisconsin 13
5 Clemson 9
4 Vanderbilt 5
6 USC 3
7 Gonzaga 2
16 Portland State 2
8 UNLV 1
10 Davidson 1
15 Maryland-Balt. 0
13 Siena 0
9 Kent State 0
12 Villanova 0
11 Kansas St. 0
14 CS Fullerton 0
8 UNLV 65
9 Kent State 60
5 Clemson 90
12 Villanova 35
5 Clemson 58
4 Vanderbilt 51
12 Villanova 10
13 Siena 6
4 Vanderbilt 109
13 Siena 16
6 USC 74
11 Kansas St. 51
3 Wisconsin 76
6 USC 36
11 Kansas St. 11
14 CS Fullerton 2
2 Georgetown 65
3 Wisconsin 41
6 USC 10
7 Gonzaga 4
15 Maryland-Balt. 2
10 Davidson 2
11 Kansas St. 1
14 CS Fullerton 0
3 Wisconsin 120
14 CS Fullerton 5
7 Gonzaga 70
10 Davidson 55
2 Georgetown 106
10 Davidson 9
7 Gonzaga 8
15 Maryland-Balt. 2
2 Georgetown 123
15 Maryland-Balt. 2
South
1 Memphis 121
16 TexasArlington 4
1 Memphis 118
8 Mississippi St 3
16 TexasArlington 3
9 Oregon 1
1 Memphis 76
4 Pittsburgh 31
5 Michigan St. 15
16 TexasArlington 2
8 Mississippi St 1
13 Oral Roberts 0
9 Oregon 0
12 Temple 0
1 Memphis 46
2 Texas 46
3 Stanford 13
4 Pittsburgh 10
5 Michigan St. 5
11 Kentucky 2
16 TexasArlington 2
6 Marquette 1
10 St. Marys CA 0
15 Austin Peay 0
7 Miami Fla. 0
13 Oral Roberts 0
8 Mississippi St 0
9 Oregon 0
12 Temple 0
14 Cornell 0
1 UCLA 49
1 Memphis 28
2 Texas 22
2 Duke 12
4 Pittsburgh 4
3 Stanford 3
4 Connecticut 3
3 Xavier 1
16 MississipValSt 1
5 Michigan St. 1
15 Belmont 1
12 W. Kentucky 0
11 Baylor 0
7 West Virginia 0
10 Arizona 0
14 Georgia 0
5 Drake 0
6 Purdue 0
13 San Diego 0
15 Austin Peay 0
12 Temple 0
13 Oral Roberts 0
9 Oregon 0
8 Mississippi St 0
16 TexasArlington 0
6 Marquette 0
11 Kentucky 0
8 BYU 0
10 St. Marys CA 0
7 Miami Fla. 0
14 Cornell 0
9 Texas A&M 0
8 Mississippi St 64
9 Oregon 61
5 Michigan St. 89
12 Temple 36
4 Pittsburgh 82
5 Michigan St. 36
13 Oral Roberts 4
12 Temple 3
4 Pittsburgh 119
13 Oral Roberts 6
6 Marquette 79
11 Kentucky 46
3 Stanford 68
6 Marquette 41
11 Kentucky 14
14 Cornell 2
2 Texas 80
3 Stanford 25
6 Marquette 12
11 Kentucky 4
15 Austin Peay 2
7 Miami Fla. 2
14 Cornell 0
10 St. Marys CA 0
3 Stanford 118
14 Cornell 7
10 St. Marys CA 63
7 Miami Fla. 62
2 Texas 115
7 Miami Fla. 6
15 Austin Peay 3
10 St. Marys CA 1
2 Texas 122
15 Austin Peay 3
West
1 UCLA 123
16 MississipValSt 2
1 UCLA 120
8 BYU 2
16 MississipValSt 2
9 Texas A&M 1
1 UCLA 101
4 Connecticut 13
5 Drake 8
13 San Diego 1
9 Texas A&M 1
16 MississipValSt 1
8 BYU 0
12 W. Kentucky 0
1 UCLA 68
2 Duke 27
3 Xavier 12
4 Connecticut 8
5 Drake 3
14 Georgia 1
6 Purdue 1
11 Baylor 1
10 Arizona 1
16 MississipValSt 1
15 Belmont 1
7 West Virginia 1
13 San Diego 0
8 BYU 0
9 Texas A&M 0
12 W. Kentucky 0
9 Texas A&M 79
8 BYU 46
5 Drake 97
12 W. Kentucky 28
4 Connecticut 67
5 Drake 50
13 San Diego 6
12 W. Kentucky 2
4 Connecticut 117
13 San Diego 8
6 Purdue 79
11 Baylor 46
3 Xavier 82
6 Purdue 20
14 Georgia 14
11 Baylor 9
2 Duke 66
3 Xavier 40
7 West Virginia 10
15 Belmont 2
10 Arizona 2
14 Georgia 2
11 Baylor 2
6 Purdue 1
3 Xavier 105
14 Georgia 20
7 West Virginia 78
10 Arizona 47
2 Duke 98
7 West Virginia 18
10 Arizona 7
15 Belmont 2
2 Duke 122
15 Belmont 3

Summarizing The Brackets

Here is the pick distributions for out 91 brackets.  The number to the right of the schools name is the number of players who picked that team to win that round/game:

Round 1 Round 2 Round 3 Round 4 Round 5 Round 6
Midwest
1 Florida 91
16 Jackson State 0
1 Florida 88
8 Arizona 2
9 Purdue 1
16 Jackson State 0
1 Florida 76
4 Maryland 12
5 Butler 3
13 Davidson 0
12 Old Dominion 0
9 Purdue 0
16 Jackson State 0
8 Arizona 0
1 Florida 52
2 Wisconsin 20
3 Oregon 12
4 Maryland 6
6 Notre Dame 1
7 UNLV 0
15 Tex A&M CC 0
10 Georgia Tech 0
14 Miami Ohio 0
13 Davidson 0
8 Arizona 0
16 Jackson State 0
9 Purdue 0
5 Butler 0
12 Old Dominion 0
11 Winthrop 0
1 Florida 29
1 Kansas 21
2 UCLA 20
2 Wisconsin 9
6 Duke 3
3 Oregon 3
3 Pittsburgh 3
4 Maryland 2
7 Indiana 1
12 Illinois 0
4 S. Illinois 0
5 Virginia Tech 0
11 VCU 0
15 Weber St. 0
10 Gonzaga 0
14 Wright State 0
9 Villanova 0
13 Holy Cross 0
15 Tex A&M CC 0
5 Butler 0
12 Old Dominion 0
9 Purdue 0
8 Arizona 0
16 Jackson State 0
13 Davidson 0
6 Notre Dame 0
10 Georgia Tech 0
16 PlayinWinner 0
7 UNLV 0
14 Miami Ohio 0
11 Winthrop 0
8 Kentucky 0
1 Florida 17
1 Ohio St. 16
1 North Carolina 11
2 Georgetown 9
1 Kansas 8
2 Wisconsin 7
2 UCLA 6
3 Texas A&M 6
2 Memphis 5
3 Pittsburgh 2
4 Texas 2
3 Oregon 1
6 Louisville 1
7 Boston College 0
12 Arkansas 0
10 Texas Tech 0
14 Oral Roberts 0
11 George Wash. 0
13 New Mexico St. 0
3 Washington St 0
6 Vanderbilt 0
8 BYU 0
14 Pennsylvania 0
11 Stanford 0
7 Nevada 0
10 Creighton 0
15 North Texas 0
13 Albany, NY 0
4 Virginia 0
5 USC 0
16 CentralConnct 0
9 Xavier 0
5 Tennessee 0
12 Long Beach St 0
15 Belmont 0
15 Weber St. 0
11 Winthrop 0
6 Notre Dame 0
14 Miami Ohio 0
7 UNLV 0
15 Tex A&M CC 0
10 Georgia Tech 0
13 Davidson 0
4 Maryland 0
8 Arizona 0
16 Jackson State 0
9 Purdue 0
5 Butler 0
12 Old Dominion 0
16 PlayinWinner 0
8 Kentucky 0
7 Indiana 0
14 Wright State 0
10 Gonzaga 0
16 E. Kentucky 0
8 Marquette 0
11 VCU 0
6 Duke 0
5 Virginia Tech 0
9 Villanova 0
12 Illinois 0
4 S. Illinois 0
13 Holy Cross 0
9 Michigan St. 0
8 Arizona 49
9 Purdue 42
5 Butler 55
12 Old Dominion 36
4 Maryland 59
5 Butler 21
12 Old Dominion 7
13 Davidson 4
4 Maryland 78
13 Davidson 13
6 Notre Dame 49
11 Winthrop 42
3 Oregon 62
6 Notre Dame 15
11 Winthrop 13
14 Miami Ohio 1
2 Wisconsin 40
3 Oregon 38
6 Notre Dame 6
7 UNLV 3
10 Georgia Tech 2
11 Winthrop 1
15 Tex A&M CC 1
14 Miami Ohio 0
3 Oregon 87
14 Miami Ohio 4
10 Georgia Tech 54
7 UNLV 37
2 Wisconsin 75
7 UNLV 9
10 Georgia Tech 6
15 Tex A&M CC 1
2 Wisconsin 90
15 Tex A&M CC 1
West
1 Kansas 91
16 PlayinWinner 0
1 Kansas 82
9 Villanova 8
8 Kentucky 1
16 PlayinWinner 0
1 Kansas 70
4 S. Illinois 10
5 Virginia Tech 5
9 Villanova 4
8 Kentucky 1
12 Illinois 1
13 Holy Cross 0
16 PlayinWinner 0
2 UCLA 40
1 Kansas 32
3 Pittsburgh 10
6 Duke 3
4 S. Illinois 3
7 Indiana 1
12 Illinois 1
9 Villanova 1
15 Weber St. 0
10 Gonzaga 0
14 Wright State 0
13 Holy Cross 0
16 PlayinWinner 0
8 Kentucky 0
5 Virginia Tech 0
11 VCU 0
9 Villanova 64
8 Kentucky 27
5 Virginia Tech 69
12 Illinois 22
4 S. Illinois 46
5 Virginia Tech 34
12 Illinois 9
13 Holy Cross 2
4 S. Illinois 78
13 Holy Cross 13
6 Duke 60
11 VCU 31
3 Pittsburgh 57
6 Duke 25
11 VCU 7
14 Wright State 2
2 UCLA 59
3 Pittsburgh 19
6 Duke 6
7 Indiana 4
10 Gonzaga 2
11 VCU 1
15 Weber St. 0
14 Wright State 0
3 Pittsburgh 83
14 Wright State 8
10 Gonzaga 56
7 Indiana 35
2 UCLA 81
7 Indiana 6
10 Gonzaga 4
15 Weber St. 0
2 UCLA 90
15 Weber St. 1
East
1 North Carolina 91
16 E. Kentucky 0
1 North Carolina 84
9 Michigan St. 6
8 Marquette 1
16 E. Kentucky 0
1 North Carolina 44
4 Texas 42
5 USC 4
8 Marquette 1
13 New Mexico St. 0
9 Michigan St. 0
16 E. Kentucky 0
12 Arkansas 0
2 Georgetown 38
1 North Carolina 25
4 Texas 17
3 Washington St 6
7 Boston College 2
5 USC 1
10 Texas Tech 1
8 Marquette 1
14 Oral Roberts 0
15 Belmont 0
13 New Mexico St. 0
16 E. Kentucky 0
9 Michigan St. 0
12 Arkansas 0
6 Vanderbilt 0
11 George Wash. 0
1 Ohio St. 25
2 Georgetown 22
1 North Carolina 14
3 Texas A&M 13
4 Texas 8
2 Memphis 5
3 Washington St 2
6 Louisville 1
8 Marquette 1
4 Virginia 0
12 Long Beach St 0
5 Tennessee 0
11 Stanford 0
10 Creighton 0
15 North Texas 0
7 Nevada 0
14 Pennsylvania 0
9 Xavier 0
13 Albany, NY 0
15 Belmont 0
12 Arkansas 0
13 New Mexico St. 0
5 USC 0
9 Michigan St. 0
16 E. Kentucky 0
6 Vanderbilt 0
11 George Wash. 0
16 CentralConnct 0
10 Texas Tech 0
7 Boston College 0
14 Oral Roberts 0
8 BYU 0
9 Michigan St. 52
8 Marquette 39
5 USC 57
12 Arkansas 34
4 Texas 70
5 USC 14
12 Arkansas 5
13 New Mexico St. 2
4 Texas 86
13 New Mexico St. 5
6 Vanderbilt 55
11 George Wash. 36
3 Washington St 44
6 Vanderbilt 27
11 George Wash. 11
14 Oral Roberts 9
2 Georgetown 69
3 Washington St 15
10 Texas Tech 4
7 Boston College 3
15 Belmont 0
14 Oral Roberts 0
11 George Wash. 0
6 Vanderbilt 0
3 Washington St 67
14 Oral Roberts 24
10 Texas Tech 49
7 Boston College 42
2 Georgetown 80
10 Texas Tech 6
7 Boston College 5
15 Belmont 0
2 Georgetown 90
15 Belmont 1
South
1 Ohio St. 91
16 CentralConnct 0
1 Ohio St. 90
9 Xavier 1
16 CentralConnct 0
8 BYU 0
1 Ohio St. 79
5 Tennessee 6
4 Virginia 5
9 Xavier 1
13 Albany, NY 0
16 CentralConnct 0
12 Long Beach St 0
8 BYU 0
1 Ohio St. 41
3 Texas A&M 27
2 Memphis 15
6 Louisville 4
5 Tennessee 2
4 Virginia 1
9 Xavier 1
7 Nevada 0
10 Creighton 0
15 North Texas 0
14 Pennsylvania 0
13 Albany, NY 0
16 CentralConnct 0
8 BYU 0
12 Long Beach St 0
11 Stanford 0
9 Xavier 63
8 BYU 28
5 Tennessee 68
12 Long Beach St 23
5 Tennessee 42
4 Virginia 39
12 Long Beach St 7
13 Albany, NY 3
4 Virginia 76
13 Albany, NY 15
6 Louisville 64
11 Stanford 27
3 Texas A&M 61
6 Louisville 24
11 Stanford 4
14 Pennsylvania 2
3 Texas A&M 45
2 Memphis 27
6 Louisville 14
11 Stanford 2
7 Nevada 2
10 Creighton 1
15 North Texas 0
14 Pennsylvania 0
3 Texas A&M 85
14 Pennsylvania 6
10 Creighton 46
7 Nevada 45
2 Memphis 68
7 Nevada 15
10 Creighton 8
15 North Texas 0
2 Memphis 89
15 North Texas 2