Alumni representation (undergraduate only) at the top Private Equity firms

[ennisthemenace]

<p>

@Alexandre

I am not surprised ennisthemenace. There just isn’t that much interest in IBanking outside of the East Coast. At Penn, you probably have over 700 graduating seniors seeking jobs in Finance. I am not sure about Duke, but my friends who went there seemed to think that a large chunk of their classmates who were not premed or prelaw were gunning for IBanking jobs. At Michigan, Northwestern and Chicago, very few students are actually interested in jobs in Finance. Outside of Ross, fewer than 5% of Michigan students (mostly in the CoE) would seek jobs in finance. At Chicago and NU, IBanking just isn’t .

Alexandre, why does the physical location of a university matter when the school draws students from all over the country? Below you can find the Class of 2017 profiles for Chicago and Duke:</p>

<p><a href=“https://collegeadmissions.uchicago.edu/apply/class-profile”>https://collegeadmissions.uchicago.edu/apply/class-profile&lt;/a&gt;
<a href=“http://admissions.duke.edu/images/uploads/process/DukeClass2017Profile.pdf”>http://admissions.duke.edu/images/uploads/process/DukeClass2017Profile.pdf&lt;/a&gt;&lt;/p&gt;

<p>Duke has 29% of its undergraduate student body hailing from the Mid-Atlantic and the Northeast while Chicago has 28% of its undergrads hailing from the same 2 regions that comprise the East Coast. Besides that, Chicago has 28% of its students hailing from the Midwest naturally while Duke has 32% of its most recent class coming from the Southeast. It would appear that there a similar number of undergraduates at these 2 schools from NY and other surrounding states like CT who may have families connected to the financial industry in Manhattan. Why would a Duke student from Florida be more interested in Finance than an UChicago student from Wisconsin?</p>

<p>In fact, considering that Chicago is perhaps the 2nd biggest financial hub alongside SF after NYC, there are probably more undergrads at Chicago that grew up in/around the financial industry so I’m not sure why more Duke students would be more interested in Finance than Chicago. You’re probably right about Penn though as its most recent class profile indicates that it has more than double the amount of undergrads coming from NY/MA/CT than Duke.</p>

<p>Although Penn has a much higher percentage of its student body coming from the Northeast than Michigan, it too has far fewer undergrads in total number coming from New York than U of M. I can’t find the link to U of M’s state-by-state breakdown to confirm however.</p>

<p>

@Alexandre

Even then, Chicago places as many students (in an absolute sense) into good Law and Medical schools as its peers.

I agree with your first 2 points but Chicago has less students enrolled by a noticeable amount at Hopkins Med, WashU Med, UVA Law, and Yale Law compared to the Ivies, Duke, Stanford, etc. I’m curious as to what the remaining 85% of Chicago’s student body who don’t go for PhDs do after graduation.</p>