To be fair, many trading firms and hedge funds don't recruit this way at all. There was the brainteaser phase, but it's pretty quickly falling out of fashion...
I'm not really sure what the use of "Elite" in this context means; these consulting/banking jobs pay pretty well and are reasonably low risk and allow young ambitious people a means towards bigger and better things, but I don't think most people here would think of these as higher EV than what you'd find pursuing competitive positions in a lot of other sectors.
I'm not really sure what the use of "Elite" in this context means; these consulting/banking jobs pay pretty well and are reasonably low risk and allow young ambitious people a means towards bigger and better things, but I don't think most people here would think of these as higher EV than what you'd find pursuing competitive positions in a lot of other sectors.