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top departments = best placement

Someone posted this article a month or two ago, and its obviously very interesting: http://pages.uoregon.edu/vburris/ptr09/asr_2004.pdf (don't worry about the difficult math, you can get a pretty clear impression of the arguments from just looking at all of the tables). I haven't read the whole article careful (yo, I gots real work to do) but basically, it argues social capital (which by their standard has something like .92 correlation with department prestige) is the best predictor of job placement.

It is worth noting of course that different professors within the same institution will place people differently.... I would guess that quant people (especially if they have published using non-standard modeling methods) generally have better placement, but that's a gut feeling not a fact.

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