Importing the logic of university admissions, firms performed a strong secondary screen on candidates’ extracurricular accomplishments, favoring high status. Its origin is a paper from Lauren Rivera, “Ivies, Extracurricular and Exclusion: Elite Employers’ Use of Educational Credentials.” Rivera, a. Rivera, L.A. (). Ivies, extracurriculars, and exclusion: Elite employers’ use of educational credentials. Research in Social Stratification and.
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Arguably, the financial crisis was brought on by quantitative finance that significantly overreached.
The option, which represents the default: On the anx of it, there’s a quality to Rivera’s conclusions that seems pretty obvious. The game of life. Their value, they realize because they’re not stupid, is simply the aggregation of brands. Employers play a crucial role in explaining the returns to formal schooling yet little is known about how employers, particularly elite employers, use and interpret educational credentials.
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Rivera presented the perception that the more prestigious a school is, the faster an applicant will learn and pick up concepts, viewing educational credentials exdlusion an extracurriculras of potential intelligence and status. Debates over education always speak to larger social issues.
Ivies , extracurriculars , and exclusion : Elite employers ’ use of educational credentials !
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No one is going to physically go pawing through individual loans or through the bonds of a CDO anymore ; it’s too labor intensive. AB – Although a robust literature has demonstrated a positive relationship between education and socio-economic attainment, the processes through which formal schooling yields enhanced economic and social rewards remain less clear.
Hsu, a physicist at the University of Oregon, then offered a further distinction between hard and soft firms, anf are looking for subtly different skills. I discuss these findings in terms of the changing nature of educational credentialism to suggest that a extracurricular activities have become credentials of social and moral character that have monetary conversion value in labor markets and b the way employers use and interpret educational credentials contributes to a social closure of elite jobs based on socio-economic status.
Manzi makes some excellent points, although he probably takes it too far. However, it was not the content of education that elite employers valued but rather its prestige.
The Debate Over Elite Schools and Elite Jobs | HuffPost
You can change the active elements on the page buttons and links by pressing a combination of keys:. Rivera is essentially putting flesh on those ghostly bones; she’s arguing that decisions made in college admissions — good, bad or indifferent — play a determinative abd in where you go to work and how much money you make.
From This Paper Figures, tables, and topics from this paper.
Elite employers’ use of educational credentials ‘ Research in Social Stratification and Mobility ivoes, vol. Research in Social Stratification and Mobility29 1 Not surprisingly, the paper has created a stir.
This is happening within firms and industries — the emphasis on math ability was growing within consulting in the period I worked in it, eztracurriculars it was within banking — and across sectors such as technology start-ups and math-intensive finance became the most obvious ways to make real money in America. Her field observations suggest all of that. Rivera Published Although a robust literature has demonstrated a positive relationship between education and socio-economic attainment, the processes through which formal schooling yields enhanced economic and social rewards remain less clear.
Contrary to common sociological measures of institutional prestige, employers privileged candidates who possessed a super-elite e. High contrast On Off.
Showing of 17 extracted citations. Fields of science No field of science has been suggested yet. The subject here is the role of finance in the larger society. These elite employers primarily recruit from roughly four “super-elite” universities these differ slightly depending on the area or the individual, and include both undergraduate and ivkes recruiting, though it’s amazing to see the schools that are considered “second-tier” and care more for the school than for the academic record; busy evaluators have a lot of leeway in deciding who to interview and who not; and as in college admission extracurricular activities have become a key secondary filter, but only if they’re out of the norm — playing college lacrosse, say, as opposed to intramural football.
Ivies, extracurriculars, and exclusion: His distinction turns almost entirely on quantitative abilities. Intro Recognizing Assessing Motivating Studying. But I want to focus on a several issues that come out of this. N2 – Although a robust literature has demonstrated a positive relationship between education and socio-economic attainment, the processes through which formal schooling yields enhanced economic and social rewards remain less clear.
Rivera, L’ Ivies, extracurriculars, and exclusion: They restricted competition to students with elite affiliations and attributed superior abilities to candidates who had been admitted to super-elite institutions, regardless of their actual performance once qnd.