Investment banking, a well-established industry, is being completely changed because simulations are more effectively identifying talent than reading a resume. The simulation is built by a company called EquitySim. Their simulation specializes in helping finance students develop the skills needed to succeed. Students are given a portfolio of varying size, dependent on the amount their…
Author: Elizabeth Beeli
Leading merit-based hiring: EquitySim
One specific company that is leading the merge between simulations and education is EquitySim. Their financial markets simulation allows students to manage a portfolio. Although the “money” is simulated it functions similarly to how real money would. If there is a crash in the real world market the simulation will reflect that, in real time….
Showcasing your individual skills
Simulations are changing the way people are hired. It’s becoming more commonly acknowledged resumes and reference lists do not speak to the actual skill of a candidate. Individual skill are being showcased through simulations more accurately now than ever. This provides a win-win. Employers get to evaluate candidates potential at a job and candidates are showcased…
Showing your work, on the next level.
Ultimately every employer wants to know the answer to a simple question. Will you do the job I hire you for well? Answering that question before you’ve been hired is the biggest trump card you have. However, this can be a hard feat for students to accomplish when applying to certain industries. For example, investment…
where recruiting is broken and what is being done to fix it
Ultimately every employer wants to know the answer to a simple question. Will you do the job I hire you for well? Answering that question before you’ve been hired is the biggest trump card you have. For the finance industry, however, this principle of value creation is hardly given an opportunity. The recruiting process in…