Something strikes me as odd. The University of Chicago has quite a few investment clubs, and I was wondering whether they actually improve a student’s financial literacy, and if so, by how much. These clubs require commitments of up to 10 hours a week, so it isn’t a minor activity on the side either.
Is it worth committing 10 hours a week in an investment club?
So, from a pure HR point of view, this is what I want to compare:
Two recent graduates who have interned at an investment bank of similar reputation last summer are applying for a job at my investment bank. All else equal, how much better suited for the job is a student who was in an investment club compared to a student who wasn’t.
Data will roll in soon.