Hacker News new | ask | show | jobs
by cm2187 2578 days ago
In the US, does the rubber stamp effect have much impact beyond the first hire?

In banking in the UK, I literally have no idea what education my colleagues have, and after a few years of experience, I feel the university is pretty much irrelevant, other than certain specific majors, if for instance they are quantitative or computer science. But I feel that an MBA would play no role in a promotion.

2 comments

> In banking in the UK, I literally have no idea what education my colleagues have, and after a few years of experience, I feel the university is pretty much irrelevant, other than certain specific majors, if for instance they are quantitative or computer science.

Yes the UK banking sector is famous for being made up from people of a very wide range of backgrounds...

Surely Oxbridge or LSE mean something on a consultant's resume.
Rubber stamps matter in consulting. Less so in banking, and negligibly so in trading.
I think I've heard of Oxbridge, don't know what it is, what is lse? I'm in the us though, not in banking.
> what is lse?

London School of Economics [1]. Prestigious British school, largely only relevant, outside the U.K., to economists and financiers.

[1] http://www.lse.ac.uk/

> what is lse?

The school that Mick Jagger went to. https://en.wikipedia.org/wiki/Mick_Jagger

Oxbridge is a portmanteau of Oxford and Cambridge. In the UK it's a term often used to refer to the universities - which are routinely ranked as the top two universities globally.