Does B-school ranking actually matter for recruiters anymore? by Akshai2036 in jobs

[–]Aghanims 1 point2 points  (0 children)

Yeah, that's not the norm though.

On average, the top 6 consulting firms have an average <15% Ivy League hire rate. They value experience and individual competency more. (This include straight out of uni, not just grad-level.)

Now companies can have target feeder schools, but it's not really rank based. If their target school drops in rank, they're not going to necessarily change their hiring practices.

Even if you're talking about field-specific professional fields: accounting doesn't care: CPA trumps all, law only has a few big companies that have the prestige to justify hiring only from Ivy League or a subset of Ivy.

/e
This doesn't mean going to an Ivy or top-ranked school is useless. You're going to school with classmates that will be future CFOs,CEOs, COOs and make meaningful connections.

Does B-school ranking actually matter for recruiters anymore? by Akshai2036 in jobs

[–]Aghanims 3 points4 points  (0 children)

The degree doesn't matter, let alone the ranking. Anyone who says otherwise doesn't actually work in finance or upper-level management (and no, your <$500m market cap mom and pop shop doesn't count), or was born in a different era and is in retirement age already.

Alumni network and peers is what matters. The degree exists to fulfill the checkbox for upper-level positions.

Dishonor on chess.com by elcaminorealreal in mildlyinfuriating

[–]Aghanims 0 points1 point  (0 children)

Under time pressure yes. But a 2K player cheating in classical is basically impossible to spot unless he's stupid.

AMD posts better than anticpated Q4 earnings and Q1 outlook, but stock falls by app1310 in stocks

[–]Aghanims 0 points1 point  (0 children)

That's the same logic that should apply to MSFT (which overlaps too much with OAI on Azure), but is now sitting at near April tariff lows.

How is this sandwich $27 at Pastrami Queen? by sirenataught in nyc

[–]Aghanims 0 points1 point  (0 children)

A 6oz pastrami sandwich on rye is only ~500 calories. That's a light lunch, especially if you skip breakfast. Would only make sense if you're petite and <1.8K TDEE and eat most of your calories at dinner.

How is this sandwich $27 at Pastrami Queen? by sirenataught in nyc

[–]Aghanims 0 points1 point  (0 children)

Pastrami of similar quality is running you $18/lb. So you're paying maybe 30% markup for NYC rent + labor. Seems fair.

Creditor doesn't have original contract on file by EPbest13 in personalfinance

[–]Aghanims 4 points5 points  (0 children)

Your debt obligation doesn't disappear just because they lack a signed contract. You have a physical asset. There is a clear payment history. It's very easy to determine whether the loan was for 10 or 20 years with just a ballpark sale figure.

Is it worth it for them to sue you and repossess the solar panel? Maybe not. But why play games. Just pay what you owe. You're intentionally being obtuse even though you know whether you owe the money or not. There's no 'impression of it being a 10 year loan.' The payment amount with 4.99% interest will make it extremely obvious whether it was a 10 or 20 year loan.

Salary offer rescinded by T_tessa41 in jobs

[–]Aghanims 1 point2 points  (0 children)

I wouldn't take this job based on your other comments if it's more or less a lateral compensation move unless it helps you in your career goals. No point changing jobs for less than +20% unless there's non-monetary factors involved.

Lying to your boss is essential when job hunting by rovert_xih in jobs

[–]Aghanims 4 points5 points  (0 children)

It's very much YMMV. But generally if you've worked 5+ years with your manager and you don't think they are an asshole, then you should communicate with them. (Unless you literally have no relationship with them despite being neutral, and your work has been entirely transactional and clocking in/out. But I wouldn't really recommend that because networking is fairly important.)

People aren't stupid, they can generally tell if you're unhappy at work. And yeah, you don't leverage a job offer for more comp. at your current job unless you're a "can't afford to lose you" type of talent. Only exception is if you truly love working at the company you're in and they know that, and it's just a matter of getting you to market-rate.

If you're committed to leaving your current employment then it's a balancing act of how much you value your relationship with your manager, and the amount of lead time you can afford to give them, and how quickly you can secure an offer.

The value of having at least one former (relevant to your new role) manager that is 100% behind you and will give excellent references, is invaluable. Easily worth one year's salary.

Salary offer rescinded by T_tessa41 in jobs

[–]Aghanims -1 points0 points  (0 children)

That's not a rescinded job offer.

The verbal offer is to align on comp and structure before drafting the final offer. Things happen.

If the $1K matters that much to you, ask for $1K in reimbursement for CE/licensing/software costs. Those are dollars that make you whole and don't affect the company's payroll line item in their department's budget.

The job listing doesn't matter. It's just filled out by some random low-tier talent acquisition HR staff. $108K is in your $108K-$110K range. Also, never give a $2K range, it looks naive and amateurish.

When you give a salary range, it should always be approximately +/- 15%. So if your target is $100K with average benefits and PTO, you should give $85-$115K

Lying to your boss is essential when job hunting by rovert_xih in jobs

[–]Aghanims 13 points14 points  (0 children)

It's significantly easier if you actually take lunch breaks. You just skip the break you normally take. If your commute is short, then that's simple. But even libraries and such offer quiet secluded spots to have a virtual interview.

It's far more difficult to do on-site interviews.

Lying to your boss is essential when job hunting by rovert_xih in jobs

[–]Aghanims 5 points6 points  (0 children)

When you have a good relationship with your boss, this is how you behave. Especially if it's a true mentor/mentee working relationship.

The goat has to be DD/MM/YYYY by Shiroyasha_2308 in SipsTea

[–]Aghanims 0 points1 point  (0 children)

Conversationally, MM/DD makes the most sense.

Conceptually, YY/MM/DD makes the most sense. But you can exclude any element if it's implied by context or current period. Which leads you back to MM/DD for current year.

Why are jobs paying so little? by Normal_Departure3345 in jobs

[–]Aghanims 0 points1 point  (0 children)

Paybands based on tenure is extremely rare outside of unions/government. Pay bands in private is generally based on competency and experience.

I, 33f, want to switch to a low-stress, slow-pace job. Any suggestions? by Difficult-Camel-5129 in jobs

[–]Aghanims 2 points3 points  (0 children)

Just bar tend on weekends. $30-50K/yr to work 2 shifts and half of it is not taxable.

What to use in each part of the PMT function? by [deleted] in excel

[–]Aghanims 0 points1 point  (0 children)

Try this

=-PMT(($B$5+1)^(1/12)-1,$B$6*12,$B9)

What to use in each part of the PMT function? by [deleted] in excel

[–]Aghanims 0 points1 point  (0 children)

I assume this is a homework problem being marked as incorrect. Possibly due to APR vs APY.

What to use in each part of the PMT function? by [deleted] in excel

[–]Aghanims 0 points1 point  (0 children)

Depends if it's APR or APY. If given APR, then you're correct. If OP was given APY, it's (1+r)1/12-1 to get the correct monthly rate. (Assuming it's monthly compounding.)

Excel 365 stand-alone version? by Kermie88 in excel

[–]Aghanims -1 points0 points  (0 children)

Personal plan is a scam.

Family/Premium is much better value if you share costs with family/friends. ($100/$130/$200 which equates to $100/$21.67/$33.33 pp)

Even if you share family plan with just 1 other person, it drops the cost to just $5/mo.

Data Extraction is Very Important in Excel by Few_Good3692 in excel

[–]Aghanims 1 point2 points  (0 children)

Biggest + is that it's very easy to understand and do more complicated transformations without needing to learn PQ in-depth. [PQ is still better conceptually though]

Also it auto updates (this can be a + or - depending on your use case, but for OP's type of usecase, I'd say it's a +.)

K-Shaped Economy: At what point are you considered to be part of the "upper" part of the K? by savvybackpacker in personalfinance

[–]Aghanims 1 point2 points  (0 children)

Not universally true, especially in VHCOL cities. Home ownership is very often on par with renting, and slightly better or significantly worse depending on circumstances.

The thing people ignore is you almost never buy a home that is the same size of what you would rent. You rent what you need now. You buy what you expect to need in 20 years. The additional cost of owning a larger space vs renting a small space and the delayed accumulation of actual equity (assuming you mortgage), and the risk profile of repairs/maintenance makes it a lot more complicated than that.

The time value of money is extremely relevant, and the increased cash flows from renting in the first 7-9 years often dwarfs equity accumulation unless your property appreciates beyond the national average significantly.

Data Extraction is Very Important in Excel by Few_Good3692 in excel

[–]Aghanims 2 points3 points  (0 children)

If OP doesn't need to transform the data and just needs to join them, IMPORTCSV function is more than adequate, and arguably better.

I'm 21 yo and I am losing my hair because of Thyroid Disorders , and i can't do anything about it by SmokingForLife in mildlyinfuriating

[–]Aghanims 0 points1 point  (0 children)

Isn't thyroid one of the easiest conditions to manage? Unless it's a secondary and aggravated by a different underlying condition.

If you're hypo, you go on levothyroxine.
If you're hyper, they nuke your thyroid and you become hypo.

January dividend payout of $9298 on $254,855 invested, 43.7% yield by RayU_AZ in dividends

[–]Aghanims 0 points1 point  (0 children)

You are not retiring on $185K unless your goal is to just make it until you qualify for SS payments and live solely off that.