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Forbes Topline

Why Hiring Managers Are Widening Their Gaze Away From The Ivy League

Forbes Topline

Forbes

News, Entrepreneurship, Business, Business News

4.86 Ratings

🗓️ 2 May 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

You’re not imagining things: The Ivy League is forfeiting its standing as America’s producer of great talent. Here are the schools producing the hard-working high achievers that employers crave. 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 today we are joined by Randall Lane,

0:08.3

Forbes's Chief Content Officer, and he's going to talk about a new Forbes survey that shows declining trust from America's hiring managers in Ivy League institutions.

0:18.0

Randall, thanks so much for joining us.

0:20.0

Thanks, Maggie.

0:21.0

Thanks for having me.

0:22.0

So this survey is really provocative.

0:24.8

It's finding that hiring managers have less trust in the Ivy League than they had even just five

0:29.4

years ago.

0:30.8

What is at play here? I think we now have numbers that kind of confirm

0:37.0

something I think a lot of people, a lot of hires

0:41.0

are felt anecdotally, which is what is happening.

0:45.4

You know, I mean, if we want to even take a step back

0:48.1

and think about what the Ivy League means,

0:49.5

the Ivy League for literally hundreds of years, you know, in Harvard's case more than 300 years, yeah more than 300 years, has kind of served as kind of America's meritocracy filter where it's basically, we're going to try to pick the highest

1:04.2

achievers we're going to train them through a really hard regiment so that employers could

1:08.2

say hey well you know your Harvard you're Harvard grad your Dartmouth grad whatever it is I know I'm getting I know what the product I'm getting what this survey

1:18.3

shows and and just to back up we've 300 people, 300 subscribers to our future of work,

1:25.2

Forbes Future Work newsletter.

1:27.0

But three quarters of them are direct hiring decisions.

1:30.2

So we focused on that cohort.

1:31.9

And we said five years ago more or less likely to to hire from the

1:36.0

I believe 33% at less likely only 5% to more likely so you could say that's an indictment

...

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