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<p>this can’t be serious</p>
<p>Bros, how about you worry about how you are gonna do it school rather than what elite firms hire at it… If you are golden enough to have a chance to go to the boutiques, then you should already understand that you just chill out and succeed. Do your thing at a nice college and see what happens.</p>
<p>Here’s my question:</p>
<p>What’s the TRUTH: Does going to Penn and studying something business-y but non-Wharton result in your chances being lowered (e.g. economics)? The career survey reports don’t lie-It seems like few penn CAS kids get the opp. to land the biggest bulge bracket names/biggest consulting gigs-They mostly endup in smaller, obscure companies while the Whartonites make thousands more.</p>
<p>So is it an advantage or disadvantage to go to a place with the world’s business school, and then study something other than business while taking a few business classes?</p>
<p>And what gpa puts you in the tier for recruitment like companies including DEUTSCHE, DELOITTE, MORGAN STANLEY, OLIVER WYMAN, etc?</p>
<p>This is all so confusing.</p>
<p>Wharton is such an outstanding UG business school, I could see if a BB could get a student from Wharton instead of CAS, they would prefer that. At the same time, those firms can only allot X number of spots/school. So if you go to Penn and not Wharton, you could be disadvantaged.</p>
<p>It is not necessary the case at a school like Cornell. Students from Engineering, ILR, CAS, Hotel all get recruited along with AEM students. Most finance/consulting recruiting are open to all students.</p>
<p>When it comes to recruiting, college ranking is really not that important, what matters more is if a firm’s senior people want to push their alma mater. JHU is a great example. It is a highly regarded school, but not that many graduates go into finance, therefore it is not a targe school for many BB. It is the same for UChicago.</p>
<p>For powerfuldog: Most kids who go to Wharton are going for the bulge bracket positions. They are extremely motivated in that direction and know what they want to do and are smart enough to get there. The CAS kids are not in any disadvantage because they go to the CAS but because those who would be going to Goldman, Meryll, Stanley are already in Wharton. Its not where you go at that point, but what you do. Get into a target and be awesome at everything necessary for what you want. Colleges for Wall Street aren’t based on stupid USNEWS rankings but by the Street’s reputation. Obviously Wharton is numero uno, while something like Yale brings in less people. G-Town is lower down on the rankings, but they bring in a huge number of people (the reason for which is not driven by talent but more so by connections, see wallstreetoasis.com and search it for more).</p>
<p>Wharton and Harvard are obviously top. </p>
<p>For the rest, IMO it hardly matters. Columbia might be better than Yale, Georgetown is probably better than cal tech, Dartmouth is better than williams, etc. it doesn’t matter. Go to a school with a good reputation that has plenty of alums on the street and some recruiting. </p>
<p>This isn’t like college admissions (i see all this .1 gpa, all else equal and crap); why not? Because you are communicate and develop relationships with your “admissions officers” aka your alumni. Your alumni are your admissions officers, and guess what? You can talk to them, ask them for advice, and get their help. Your personality matters far more now than in college admissions, that’s why the interviews are so important and are the real test. The resume is the easy part; it gets you consideration.</p>
<p>Network hard, get some finance internships, join the finance club, get good grades, be a leader, play a sport, be a socially competent human being. If you work hard, you’ll be successful.</p>
<p>Where does the University of Miami fall in?</p>
<p>Probably a non-target</p>
<p>Quick question: Would an undergrad in finance at either University of Minnesota-Twin Cities, University of Wisconsin-Madison, or Ohio State University get me anywhere in terms of IB? What if I went on to do a masters at Michigan, Notre Dame or Georgetown after some work experience in a non-IB finance job?</p>
<p>Where is ITT Tech? Oh and I was wondering about UW-Madison too.</p>
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<p>I doubt that you’re a Vanderbilt student because what you describe is not at all true of our recruiting scene; last year all bulge brackets held resume-drops, and only two of them – JPM and MS – did not do OCR. Elite boutiques do give us less attention, but Blackstone and Lazard still came. In fact, for a school that has, by comparison, very few students interested in investment banking, Vanderbilt does quite well. </p>
<p>I don’t doubt that you’re a Texas McCombs student, however, because that is what your username would suggest. McCombs has not ever been anything more than a semi-target, and it is FAR from being a target because it lacks decent NYC placement. Don’t get me wrong – I’m sure McCombs students dominate Houston, but one’s career trajectory out of Houston is severely limited. </p>
<p>Trying to draw meaningful differences between semi-targets is a fruitless endeavor; none are measurably better than the others, yet people always attempt to make such a case regardless. I’m almost certain that McCombs receives a higher volume of recruiting than Vanderbilt, but the typical path to IB from McCombs is, if anything, slightly more arduous due to the high volume of students interested in finance. There are few students at Vanderbilt interested in IB; I’d actually say that consulting is the more difficult of the two to break into from Vanderbilt…that’s just the way the student body leans. I had the opportunity to intern at one of the three top BBs this summer in NYC, courtesy of a Vandy alum, and I did not meet a single McCombs student, despite having met and interacted with dozens of interns (to be fair, I also only met one other Vandy student, and we both just did grunt work). Target schools absolutely dominated the bank’s intern program (I met probably ten or more from each of Penn, Duke, and Stern, and I met another 5 or so from Harvard and Yale). Based upon my experience – which is certainly not entirely accurate, but which is probably reasonably indicative of the BB undergraduate intern population – if there were one semi-target that could make the case for being a target, it would be Indiana, from which I met four kids. </p>
<p>The fact of the matter is that not one of the semi-targets is even decent at placing into NYC. Thankfully, I have been lucky enough to land SA in a top group with the same bank for the coming summer, and I’m very content with my progression for being only a college sophomore and believe that I should be able to pull off FT come senior year. I love Vanderbilt, and were I to choose schools again, the only four that I would pick before it would be HYPS. That said, if someone is certain about finance being their true calling, I would always urge them to shoot for a target school. My experience is certainly proof of Vanderbilt opening a door that a lesser school may not have been able to, but I was only able to achieve my current position through sheer luck and considerable networking with alumni, whom I found to be very supportive and whom I consider myself very indebted to. </p>
<p>If I had to go by one of the rankings in this thread, I would probably choose AvidStudent’s. However, unless anyone in this thread has worked in HR for multiple BB’s, they aren’t really in a position to categorize schools. Harvard and Wharton at the top is relatively undisputed; Dartmouth and Duke generally outperform Yale; Northwestern and Georgetown should be one tier lower; and, at least from what I have heard and read, UCLA should not be on the list at all. I will also say that Goldenboy has no idea what he’s talking about…he tried to make his list far too specific and it really ended up being unrealistic. JHU and CalTech are simply not recruited (at least for FO), and Pomona’s opportunities are leached off of CMC.</p>
<p>In the end, none of these tier rankings are important, and they’re really just perpetuated by people who have way too much free time on their hands. It’s possible to break into IB from any background, although it requires a larger effort from some.</p>
<p>Tier 1: Harvard and Wharton
Tier 2: Princeton and Stanford
Tier 3: Columbia, Cornell AEM, Dartmouth, Duke, Williams, UChicago, and Yale
Tier 4: Northwestern, Berkeley Haas, Brown, Georgetown McDonough/School of Foreign Service, Michigan Ross, Cornell, Penn CAS, NYU Stern, UVA McIntire, Amherst, Middlebury, and MIT
Tier 5: USC Marshall, CMU Tepper, Emory Goizueta, Vanderbilt, Boston College Carroll SOM, Notre Dame Mendoza, WUSTL Olin, UNC Kenan-Flagler, Pomona, UCLA Biz-Economics, Claremont McKenna, UTexas McCombs, and Indiana Kelley
Tier 6: JHU, Rice, and CalTech</p>
<p>Commodore15, did you intern at BAML last summer? I know from multiple sources that Vanderbilt is extremely well-represented there and it is definitely one of the firm’s top 2-3 hunting grounds.</p>
<p>You’re right that JHU and Caltech simply aren’t recruited at all since they have no alumni in finance. Did you meet any Stanford students? There aren’t that mean from what I’ve seen at bulge bracket banks in NYC.</p>
<p>Yeah I’m not sure where people get the impression that Stanford is such a strong target for finance. It’s a great school and the west coast branches probably recruit there pretty heavily, but extremely underrepresented in NYC. </p>
<p>Also, in terms of recruiting, NYU does much better than most people give them credit for.</p>
<p>You can be a strong target for finance and not work in NYC. BBs recruit for all their hubs, not just Wall Street. Stanford undergrads generally stay on the west coast and work in the tech sector. VC is huge in silicon valley/SF.</p>
<p>Check this out: [What</a> banker careers REALLY look like: The DATA | Wall Street Oasis](<a href=“http://www.wallstreetoasis.com/blog/what-banker-careers-really-look-like-the-data]What”>What banker careers REALLY look like: The DATA | Wall Street Oasis)</p>
<p>Just some input from my insiders perspective. As a FRESHMAN, I see that nearly all of my peers want to major in Finance just to get the IB Job. This seems to make the task quite competitive, but I noticed that only a handful of grad get the IB job. </p>
<p>Personally I am attempting to do Finance and pair it with accounting then possibly work for CPA in order to get the IB job.</p>
<p>why bother? if you know you want to go into IB then just go for it. you’re gonna waste 6 years of your life</p>
<p>How’s CMC?</p>
<p>Are there figures for undergraduate degrees? </p>
<p>If so, would a Dartmouth Economics Degree be better than a BSC from Haas?
Once admitted into Berkeley how selective is Haas?</p>