Do You Have To Go To A Top School?

[bauble]

Originally Posted by mamoqilo

Is it unusual for a fresh finance PhD to get a job at a school that is comparable to his PhD granting institution? In mathematics, for example, fresh PhDs will either do a post doc or will end up at an institution that is ranked significantly lower than the school they attended.

People still generally place lower than their PhD granting school, but lateral or even slightly upward placements are not that unusual. I'm not sure why it is so different in the hard sciences (lots of PhD grads and few jobs?), but I know it is true.