SOC355H5 Lecture Notes - Lecture 5: Investment Banking, W. M. Keck Observatory, Making Money
Document Summary
Money ball approach is to determine based on people who already have working for you, who are the best performers statistically. They were able to identify the best performers of law school. If you were to hire a level players bring another 2-5 million dollars. Not a lot of data to support argument. You are hiring wrong look at who is performing well. It is not based off of law school people that go to columbia is are not best performers. Even though they are most hired by firms. Being a professional is not simply about getting the credential. Its about becoming a specific type of person. The way in which its sold to individuals. Goldman is a high end investment banking firm. Harvard graduates getting in less (but still a lot compared to uoft) Huge outlet most harvard students getting it. A lot of learning they do once they get there.