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Ivy League athletes get hiring edge on Wall Street via teammate networks · NBER study

A new National Bureau of Economic Research study reveals that being a college athlete from an Ivy League school significantly increases hiring odds on Wall Street, more so than a diploma alone. Researchers found that having a former teammate from the same sport and school already employed at a firm nearly triples a graduate's chances of being hired there. This effect is attributed to the strong team bonds and shared experiences, which act as a powerful social capital network, influencing recruiters and HR assessments. AI

RANK_REASON New academic research paper published by NBER. [lever_c_demoted from research: ic=1 ai=0.0]

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Ivy League athletes get hiring edge on Wall Street via teammate networks · NBER study

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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Mia Osmonbekov ·

    Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the teammate who triples your odds of getting hired

    A new study of more than 120,000 Ivy League graduates finds locker room ties, not diplomas, do the real gatekeeping into finance's top firms