<p>Tp[eck, if one does well and takes initiative, the sky's the limit...no matter where they go to college.</p>
<p>Alexandre, I agree with you in that UMich sends a lot of interns to the investment banks, but how many of those interns actually end up in IBD? I don't believe the numbers are that high...but of course, maybe I am mistaken...</p>
<p>he linked you to the employment profile.</p>
<p>Alexandre, How would I got about trying to land a job at lets say Goldman, Sachs & Co, since im pretty sure there isn't any IB recruiting at my school.</p>
<p>Ok, so let's take MS for example: the employment profile said that they took 7 interns. The point I'm trying to make is, I doubt all 7 worked in IBD/corporate finance (rather, they probably worked in research, sales&trading, operations, etc.) I spoke with a MS recruiter, and he said that they only take one summer intern from UMich for IBD. He also said that they only take two summer interns from Stern for IBD.</p>
<p>I go to Stern, and the recruiter was right about Stern--only two people got MS IBD summer offers. Also, to put it in perspective, only one person got into GS IBD this summer. I don't go to Ross, so I can't say for sure, but if it's anything like Stern, I don't think that many people ended up in IBD (but that is not to say that they did not work at that investment bank, I'm just trying to make the point that it wasn't necessarily in corporate finance/IBD/or whatever you want to call it).</p>
<p>Botangers, I am not sure how many of the 7 interns at MS end up being Full time IBD employees at MS. I know that last year, out of 150 or so finance majors at Ross, roughly 30 ended up accepting full time offers from JP Morgan, Morgan Stanley and Goldman Sachs. Another 30 or so ended up at companies like Lehman Borthers, UBS, CS First Boston, Bear Stearns, Merrill Lynch and other major Investment Banks. That's pretty impressive. I am sure Stern and Wharton have equally impressive numbers.</p>
<p>For full-time employment for the class of 2004 at Wharton: </p>
<p>Goldman: 19
JPMorgan: 14
Citigroup: 12
Morgan Stanley: 11
UBS: 9
Lehman: 8
CSFB: 6
Deutsche Bank: 5
Merrill Lynch: 5</p>
<p>Class of 2005 Internships:</p>
<p>Citigroup: 22
Goldman: 12
BofA: 8
JP Morgan: 8
Lehman: 8
UBS: 8
Merrill: 7
Deutsche Bank: 6
CSFB: 4
Morgan Stanley: 4
Bear Stearns: 3</p>
<p>Do not forget that some of us finance concentrators here at Ross don't want to enter the IB world. I know quite a few students who are not even applying for IB jobs when they probably have a good shot at getting them. In terms of GPA, once you are in the interview it really doesn't matter. No one cares that you have a 4.0 and the next guy has a 3.6. I am going to guess that if a 3.3 Wharton student and 3.7 Ross student are interviewing for the same job, it is not the GPA or the school that will set them apart (assuming they both have the chance to interview). </p>
<p>-333UM</p>
<p>Absolutely true 333UM. As it is, Michigan is a small program (300 per class) compared to Wharton and Stern (500-600 per class). And on top of that, most Wharton and Stern students are intent on going into IB. At Ross, I would say that only 30% of the students think of going into IB. Ross students are very well balannced. There are actually as many students interested in Marketing, manufacturing or Management as there are students interesting in IBanking.</p>
<p>Thereis no denying that Wharton is the best undergraduate B school in the nation, but Ross is a not too distant second.</p>
<p>Oh, I certainly agree that Wharton is the best undergrad B-school in the country, there is no denying that. I would agree with you on the 30%, that seems right. I would say about 50% of finance concentrators want to go into IB. I am quite happy here at Ross and I think it is a great place, but there are a number of great B-schools out there.</p>
<p>-333UM</p>
<p>Go Blue!</p>
<p>As an FYI, I only posted the I-banks as a comparison because they were mentioned by Alexandre.</p>
<p>If you go to the website, you will see the other companies and industries that employ Wharton students.</p>
<p>Yes, about 60% do go into Finance. Around 40% of the Class of 2004 went into I-banking. But don't forget there's a whole 60% that doesn't do I-banking.</p>
<p>You do what you want with whatever degree you get. As long as you are happy that's all that matters.</p>
<p>i doubt that they have a formal cutoff policy. theres no way theyll pass up on princeton grads just because the university is beginning a formal grade deflation policy next year.</p>