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&lt;p&gt;A research report written by Lauren Rivera, a Kellogg School of Management professor, about the recruiting tactics of investment banks, consultancies and law firms has recently been receiving a whole lot of blog time, even though, as CNBC points out, the report highlighted &quot;something most of us already know: elite investment banks, consultancies and law firms are education snobs.&quot;&lt;/p&gt;&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/dloos/folders/Jing/media/f82bc836-d725-49fd-a057-17d33fd4450c/00000163.png&quot; border=&quot;0&quot; alt=&quot;&quot; width=&quot;388&quot; height=&quot;190&quot; align=&quot;left&quot;&gt;Rivera&#39;s report also noted that &quot;attendance at a super-elite university was insufficient for success in resume screens.&quot; Which is why, in addition to a school-screen, employers &quot;import the logic of elite university admissions, performing a secondary resume screen on the status and intensity of candidates&amp;rsquo; extracurricular accomplishments and leisure pursuits.&quot;&lt;/p&gt;&lt;p&gt;To that end, glaringly missing from the report is the following well known, heavily-studied formula used by elite Wall Street recruiters for the past three decades when evaluating an applicant&#39;s resume:&lt;/p&gt;&lt;p&gt;&lt;em&gt;&lt;strong&gt;(1) &lt;/strong&gt;If applicant&#39;s resume from [INSERT &quot;STANFORD UNIVERSITY&quot; OR IVY LEAGUE SCHOOL OTHER THAN BROWN, CORNELL OR NON-WHARTON PENN, A.K.A. THE ONLY SCHOOLS AT WHICH WE RECRUIT] includes &quot;president&quot; of any club (other than math, chess or equestrian), please add 0.25 to applicant&amp;rsquo;s GPA; if club is legit (has more than three members), add 0.40; if club is math, chess or equestrian, subtract 0.40;&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;em&gt;&lt;strong&gt;(2)&lt;/strong&gt; If applicant&#39;s resume contains &quot;captain&quot; of a varsity sports team, please add 0.50 to GPA; if said team is NCAA Division I, not fencing or cross country, and any good (had more than three wins in one of the past three seasons), add 0.85; if team is fencing or cross country, subtract 0.25; and&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;em&gt;&lt;strong&gt;(3)&lt;/strong&gt; If applicant&#39;s resume includes the words &quot;Bowling Green&quot; or &quot;raquetball&quot; anywhere, in any form, please shred said resume ASAP and/or burn.&lt;/em&gt;&lt;/p&gt;&lt;p&gt;(CNBC)&lt;/p&gt;&lt;p&gt;(Related: Columbia and MIT Are Second-Tier Schools, Say Recruiters)&lt;/p&gt;

Derek Loosvelt

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