Employers Are Souring On Ivy League Grads While These 20 “New Ivies” Ascend

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Forbes

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4.8 • 6 Ratings

🗓️ 3 May 2024

⏱️ 10 minutes

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Summary

Hiring managers have long used the reputation of a new college graduate’s alma mater as an indicator of an applicant’s ability and expected job performance. Elite national consulting, banking and investment firms focused their recruiting on the Ivy League and a handful of the other most selective schools. Big companies looked more widely, but still often favored a limited number of highly ranked universities. Regional firms would tap graduates of schools with the best reputations in their geographic area. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everyone I'm Maggie McGrath, senior editor at Forbes and joining me now is my
0:07.3	colleague Emma Whitford, staff writer at Forbes who has some provocative new
0:11.5	reporting out about where recruiters are hiring from
0:15.3	when it comes to our nation's universities. Emma, thank you so much for joining us.
0:21.5	Thanks so much for having me.
0:23.0	Let's break this down.
0:25.0	You have basically written, and I have a quote here,
0:27.0	the Ivy League is losing its standing as America's producers of great talent.
0:32.0	What is going on here? as producers of great talent.
0:33.2	What is going on here?
0:34.2	I think we all know that on-campus recruiters flock to the nation's top universities
0:39.7	to find talent for entry-level jobs.
0:42.2	Is that not happening in 2024?
0:46.5	We've been hearing some frustration for a while
0:49.8	from students, donors, alumni, employers just that the Ivy League isn't quite what it used to be.
0:58.0	And they sign a myriad reasons from reports of great inflation at some of the campuses to how the officials have handled recent
1:05.8	campus events, student protests, and also just frustration with the admissions policies that
1:11.8	it's been become sort of a black box if you will and
1:15.5	no one's quite sure how they're admitting students into their classes. So I will note
1:22.0	that the recruiters are definitely still hiring from the Ivy League, but it has sort of lost its credibility of being sort of the golden ticket.
1:30.0	Employers are no longer looking at it,
1:32.5	like it's a sure thing that graduates from the Ivy League
	...

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