MSE News: £6,000 or £9,000 uni fees? Is it an irrelevant decision?

Occams_Razor_2

Lokolo wrote:

The company I am working for does similar to an investment bank.

in other words, its not.

As for hiring free interns, this is complete bull****. My friend works for JP Morgan, he had his summer internship and got paid.

this is not up for debate. you have a friend, good for you.

Although I see your point, the same is valid vice versa. I can say I can achieve similar level to those that went to a top 20 university, as above, my friend who works for JP Morgan (who went to Bristol). His job is the same as mine, but at different companies (I didn't apply to JP).

so your friend went to a good university and got into a bulge bracket investment bank. and you did not.

I actually rejected one of the best companies in the world to work for this company (after receiving an offer from both).

I am sure you did.

And this shows what an idiot you are. Who says that I could only get into the worst university? I went there for a reason, to have fun whilst doing a degree, and to come out with something valuable. And I have. And if I had to do it over again, I'd do the same.

of course. thats why the big universities have such low application #'s

thanks for clarifying.

Occams_Razor_2

The_One_Who wrote: »

That a company or industry basically exploits young people isn't something to boast about... Not to mention the grey-area of the legalities of it.

That you work with investment banks isn't a surprise, and that is why your opinion is the way it is. IB and barristers are two of the worst industries for university elitism. They are known for recruiting from a very select group of institutions. However, there are hundreds of other industries out there that don't discriminate.

you know what?

that's not entirely unfair. but in argument over where such elitism exists, its highly relevant.

The_One_Who

Lokolo wrote: »

And a lot of them hang about on TSR! That's why I left and came to this lovely place

Oh God, yes.

Occam/s_Razor wrote: »

you know what?

that's not entirely unfair. but in argument over where such elitism exists, its highly relevant.

I don't think anyone has said that is doesn't exist, just that it is not as prevalent as you may make it seem. We are saying that a university brand-name does not guarantee a good education, nor is it a necessity for a good job.

Occams_Razor_2

The_One_Who wrote: »

I don't think anyone has said that is doesn't exist, just that it is not as prevalent as you may make it seem. We are saying that a university brand-name does not guarantee a good education, nor is it a necessity for a good job.

that's funny, I thought that was what you lot of open university rejects was saying :rotfl:

but seriously, if you are now reduced to arguing over how prevalent it is then I don't see the point.

and moreover, how would you know? you don't have one, so you have no experience of its impact. you clearly don't recruit either. so you don't sit on either side of the equation. which might be harsh, but its still true.

lets talk facts, and they are that application levels have never been higher to the elite universities. applications to IB's have never been higher - and they require elite qualifications.

take our rocket scientist friend. who has not only admitted he doesn't work for an elite organisation (which is fine, it really is, there are lots of reasons not too for some people) but its highly relevant when you want to pretend that you fought off all these high calibre other applicants.

his buddy works at JPM with a good degree, he works "somewhere" else. that's hardly proving the counter view now is it?

the amount of hysteria in the marketplace about oxbridge admission practices is because most people know that it makes a big difference.

as I said to you earlier, argue whether it should be that way, but don't argue that it isn't.

The_One_Who

I have a good degree, from a very well respected university. Like I have said above, I wouldn't go to Cambridge for my course if you paid me. But then I have no interest in either IB or law.

Lokolo

Occam/s_Razor wrote: »

his buddy works at JPM with a good degree, he works "somewhere" else. that's hardly proving the counter view now is it?

My company is an asset management company, rather than an investment bank (sorry I just don't want people to know where I work, the company I work for is pretty elite though, they are in the FTSE100). I didn't want to confuse things. They have very similar roles, both in the city.

I would like to point out both myself, and my friend, both work in IT rather than the investment side.

Another point I would like to point out is that your experience seems to be in a very small area, and in Post #85 I did say

Lokolo wrote: »

However, I do suspect in some cases it would be wise to go into a Top 10 university, but as a general rule, doesn't really matter.

Which you seem to be arguing against by one case, investment banking. Which by all means, may require better university, as with accounting and the big 4. But you seem to be arguing against my fact that as a general rule, it doesn't matter, by using one example of yourself. Could you give a lot more to make it a general rule?

Oldernotwiser

Occam/s Razor (sic) - not the sharpest knife in the block!

Oldernotwiser

Red_Shoes_No_Knickers wrote: »

And perhaps a dictionary too?

Doesn't say much about an MBE from a top ten university, does it - apart from telling us he's a liar!

wintersunshine

kida wrote: »

Is it just me or is Martin's logic on this counter intuitive and hypocritical. Basically he is condoning an 18 year old taking on life long debts - now remember debt of any kind at MSE is an evil that should be avoided.

Keep up dear, apparently this is "good" debt....