I have seen people graduating from Cambridge/Oxford/Harvard/Princeton with a Bachelor's in History/Social Science but getting amazing financial analyst roles in firms like JP Morgan, BCG and other prestigious companies.
Is it because of their college? Or their GPA (but their background is not finance).
Their degrees are much more interdisciplinary and inter-related so it’s not impossible for employers to hire them. Plus yes their college offers a lot of streamlined electives concerning finance/tech (not scam courses like our indigenous colleges) which will enhance the knowledge of a person and will make him/her employable even if their background is more humanities-oriented. In UK even if you have a different degree- you still can make your portfolio finance oriented if you want. Here a BA from a mere DU (even if it’s Stephens, the metric of employability is low and a MBA is required) will not properly prepare you for a desk job at Goldman. Maybe SRCC is an exception but only to a certain extent.
Could you please elaborate as to what extent a degree in History/Sociology is interdisciplinary which helps in securing a finance job ? If you ask me personally, then I think more than the degree or college, its the aptitude of an individual which helps him to outshine in the respective field. In India, if similar opportunities are given and if any candidate has that level of aptitude and interest, he can do the job with excellence.
The interdisciplinary is not the main factor for such job the main factor is employability skill that use of MS-office properly, making presenations further to present it in creative is an art. Moreover, biggest setback is reserah paper and writing skill of an individual is big factor. Furthermore, reserach skill employing different reseacrh method through various search engine, presenting in a short and crisp way is biggest skill. That most UG college india dont teach it properly or even dont have any emphasis. Even in many law school many basic skill like ms-office proper use is missing thats many law grads are unemployed baring that law field employment works on various factor like Law school name, jugaad, kismat, interview & nepotism.
Clearly your comment demonstrates that you lack in the most important thing - clarity and correctness of English writing. Shamefully low quality comment.
Students in India still don't get it. It's not about the degree, it's how you use it and present it. So in a nutshell, it's about your CV. A degree is just a minimum qualification to get an interview call, but it's your skills that get you the job. I know someone who is now a data analyst, only because he spent the last 3 years of his B.A. LL.B doing some online data analyst course. So boost up your skills, degree toh mil hee jayegi.
you dont really need a lot of domain knowledge to understand how finance works, just like A1 in firms, in financial firms the newly recruited are put through mundane work, they learn the tricks of the trade by 'apprenticing.' What is needed in financial firm is an ability to learn quickly, take decisions, predictive capacity, ruthless streak and diplomatic abilities. These are not subject specific skills, and anyone who graduates from a top 5 college in the world would be, from the perspective of the recruiter, be good academically and if they have thrived in these colleges, then be able to cope in a financial firm. Same with consulting firms.
The golden age of nlsiu till 2015 when everyone was placed and bcg and McKinsey even thought about coming to a law school. Gone are these days bro, McKinsey doesn't even hire a lot from top iims these years. After depression- 2015 was golden age for placements in mba/ ballb at nls and nalsar like it was in 2020 for tech. Even in india the pay was unprecedented and foreign firms hired more than 5 people.
What changed? I don't think it's the lack of jobs, because the hiring across colleges by foreign firms and indian firms is on a steady increase. Maybe dilution of the nls and nalsar brand by bad faculty and students? 2021 and 2022 batches were literally the worst performing ones in firms according to several partners. Could this have an effect?
Is it because of their college? Or their GPA (but their background is not finance).
Here’s an article: - https://economictimes.indiatimes.com/jobs/cos-make-a-beeline-for-national-law-school-graduates/articleshow/5574180.cms
NALSAR/Nujs also did well later on.
What changed? I don't think it's the lack of jobs, because the hiring across colleges by foreign firms and indian firms is on a steady increase. Maybe dilution of the nls and nalsar brand by bad faculty and students? 2021 and 2022 batches were literally the worst performing ones in firms according to several partners. Could this have an effect?
But yes a lot of grads drastically reduced to a point blank. I will love to know the reason across all industries.