<p>do they STRICTLY stick to choosing people from the top 5 business schools? or do other great candidates from not-so-highly ranked but respected schools have a chance? you see, i'm thinking about going into business but i absolutely HATE schools like wharton, MIT, stern and all that stuff for specific reasons (i'm very picky haha). </p>
<p>thanks!</p>
<p>Investment Banks recruit a great deal from other good B-Schools, like Cornell, McDonough (Georgetown), McIntire (UVa) and Ross (Michigan). Admittedly, McIntire and Ross are top 5 BBA programs, but they are very different from Stern and Wharton.</p>
<p>IBanks also recruit many students from Arts and Sciences at top colleges and universities like the top 10-15 LACs, the top 20 or so private research universities and the top 5 or so state universities.</p>
<p>What Alexandre said is basically true. You really have a shot coming from any of the top-10 business schools, but you don't need to graduate from a business school at all to do well; graduating from a highly-ranked school in one of many programs will work well</p>
<p>Agree with the above. Most of the best feeders to Wall Street (HYPS, Dartmouth, Columbia, Williams, Duke, etc) don't have business schools. Major in econ at a top school, I think its actually the best (and most balanced) path into top finance.</p>
<p>My dad was talking to one of his friends who works for Goldman Sachs. told me to give him a call if i majored in Economics at UChicago, so not just bschools.</p>
<p>And which Cornell school are you referring to? ILR?</p>
<p>Harvard, especially, has an edge for wall street. Wharton too.</p>
<p>lets say I want to major in Economics, and i got into Harvard and Chicago</p>
<p>Should I go to:</p>
<p>Harvard (because its Harvard)</p>
<p>or</p>
<p>Chicago, because its the best economics school</p>
<p>which is better for wall street?</p>
<p>I heard Wall Street has some exclusive Harvard group... so I'd recommend Harvard. </p>
<p>Not that UChicago would be a bad choice.</p>
<p>youre probably right, aqua. my economics teacher would cry if i told him i was passing on Chicago.</p>
<p>but Harvard is Harvard</p>
<p>I've heard that somewhere around 30% of MIT chemical engineering graduates end up on Wall street. So no, I don't even think you have to go to business school at all to work on Wall Street.</p>
<p>Departmental rank isn;t that important, the overall prestige of the school is the most critical factor. So Harvard econ beats Chicago econ.</p>
<p>
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Departmental rank isn;t that important, the overall prestige of the school is the most critical factor. So Harvard econ beats Chicago econ.
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</p>
<p>now this I'm not sure about, being that Chicago arguably has the finest econ department in the country</p>
<p>and I doubt someone would automatically give the nod to the Harvard grad over the Chicago grad... just in virtue of prestige... as the students at both schools are roughly of equal caliber</p>
<p>how about Econ major at UC Berkeley?
I heard Berkeley's Undergrad. Econ program is among the top in the nation, but the school itself (at undergrad. level) isnt really considered a top (assuming we are talking about top 5-10 schools), so how does that factor in? Will majoring in Econ major at Berkeley give me a good chance at an I-bank firm?</p>
<p>Do I-banks look at the prestige of the school name or of the program itself?</p>
<p>The whole undergrad b-school thing is overrated. It's good, but there are many paths to the Street. slipper1234 has it right in talking about which schools and what types of degrees make the move to Wall Street the easiest, but this list is far from complete as it relates to the entire Street. </p>
<p>For entry-level positions straight out of undergrad, it might be a little harder coming from a less prominent school and require a little more initiative on the student's part, but plenty of powerful people on the Street came from undistinguished, less prestigious academic backgrounds. They get it and are willing to talk to good people, regardless of where they come from. </p>
<p>The list of schools with decent representation on the Street is much, much longer than what has been posted so far. Wall Street draws from far more than the most visible 10-12 schools. Wall Street has literally hundreds of thousands of employees so you will, in all likelihood, find someone from your school working there. I would say that the list is easily 40-50 schools that have decent numbers of alumni working in prominent roles across the Street. </p>
<p>Once you get the interview, the prestige of the school becomes a much, much smaller factor than what you individually bring to table. However, in general terms, I will say that the snob factor of the school is more important on the banking side and can even work against you on the trading floors of some firms. The quant factor of the school is much more important on the asset management side and the trading side. No poets need apply for an asset management/trading position.</p>
<p>Who's to say UChicago econ is any better than Harvard econ? What are you basing this on? It's no clear-cut consensus to me. Especially at the undergrad level. I think there are more Harvard grads on Wall St than any other school; however, #2 is UTexas. Otherwise, agree with the sentiments of slipper and hawkette above.</p>