<p>Obviously Yale is a top-notch school, but people have told me that they don't receive as much attention as Harvard/Princeton/Wharton. Is there any veracity to these statements? If this is indeed factual, I'm assuming that the only possible way of breaking into IB/consulting from Yale is via an Economics major...unlike the kids from Harvard you hear majoring in English or Sociology and still getting offers.</p>
<p>While it is somewhat true that Harvard and Wharton are the two most recruited schools for Ibanking and consulting, they are not the only schools on the list. Major in anything you want, just take a few relevant courses or a minor perhaps and keep your GPA high i.e. above 3.5 and you will get enough attention from all Ibanks and Consulting firms. Given that you interview decently, it should be easy to get a relevant job/internship.</p>
<p>^^and Yale is no slouch school either. Just because they have less kids interested in banking than Wharton (obviously) doesn’t mean they don’t get recruits and job offers</p>
<p>Does Wharton, Harvard and Princeton receive most of the attantion? Yes but guess who comes after them…Yale. Yale is a great school for banking. I’d say it’s 4th above Stanford and Columbia and Dartmouth</p>
<p>@ MegaFund, can you quantify any of this? What actual experience do you have in IBanking? </p>
<p>Just wondering, because it seems like there are fewer and fewer credible posters on CC, especially in this forum. Mostly, it’s just high school kids who re-post USWNR rankings all over the place.</p>
<p>Yale is a very strong placer into IB and consulting. Don’t necessarily confuse fewer interest with fewer opportunities. H and W send a TON of people to IB and MC, which is why they get a ton of attention. Yale gets all of the attention that they need since not as many Yale people in general go for IB as H and W. </p>
<p>That said, Yale get representation from IB, MC and even PE - Yale is a strong player on the undergrad level - don’t think that going to Yale means you are at a huge disadvantage to W, H, etc - it is simply not true - all are top target schools.</p>
<p>PM me if you have other questions.</p>
<p>IBanker</p>
<p>Trust me, I know what I’m talking about. Yeah, I’m a HS student but I probably know more about the markets and recruiting them some actual bankers(just saying ). All of this can be found out through research and by being a member of a Wall Street forum. It’s pretty obvious that in banking, the amount of attention you get is determined by how much prestige “you carry”. If a Yale student and Columbia student were going for the same job with all else equal except their schools, I’m sure the Yale guy would get it, that’s just me though.</p>
<p>“Yeah, I’m a HS student but I probably know more about the markets and recruiting them some actual bankers(just saying ).”</p>
<p>Thanks for letting us know we should ignore you.</p>
<p>And please leave the fabricated ranking systems out. They’re not true and mean absolutely nothing. Saying Yale grads have an edge over Columbia grads is like bringing up the Kobe-LeBron debate and swearing that you’re right because you heard it on ESPN (or in your case, a Wall Street forum).</p>
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<p>This is a pointless statement. All else is never equal or even close. You can judge an applicant by their creds online, but real people do real interviews and that’s where the differences come.</p>
<p>As a Yale student (sophomore) who’s interested in finance, I’m happy to let you know that people complain about too many opportunities here for IB/consulting. A wide variety of companies come to recruit here, but every time the career fair rolls around, people say that there’s too much finance/consulting and we need more alternatives.</p>
<p>I think there are two generally accepted (and true) statements:</p>
<ol>
<li>Yale has less kids interested in finance/consulting than Harvard or Wharton (both on an absolute and relative sense). </li>
<li>Everyone who wants to work in IB/consulting at Yale ends up somewhere in that area. </li>
</ol>
<p>I’ve spoken to a lot of upperclassmen and graduates, and they’ve all said that you can get a job in IB/consulting if you want one. Now obviously it’s harder to get into some places (Goldman, McKinsey), but if you want a job in the field, everything is in place. Where you end up depends mostly on you.</p>
<p>thank you An0moly.</p>
<p>end thread/</p>
<p>Your concerns are overblown. Most people don’t understand the nature of Wall St campus recruiting. It’s about playing the odds and quality control. </p>
<p>What can employers reasonably assume about Yale grads? At the very least they’re fairly smart. That’s the quality control. But much more importantly in i-banks eyes…kids from certain schools (including Yale) are statistically likely to end up in executive positions at companies that i-banks wish to court. Or maybe Yale kids will have family/friends who will do so. That’s why Wall St recruits there. </p>
<p>HF’s and PE are more concerned about innate intelligence and competence, which is why they skim the cream at top schools and like non-traditional candidates. Strong networks aren’t as important to them. </p>
<p>Investment banks, otoh, are more concerned with your ability to network among institutional clients. That is the lifeblood of i-banks. As long as having a Yale degree helps open boardroom doors, i-banks will recruit there. You just need to have a pulse, semi-normal personality, and a reasonable gpa. </p>
<p>To think there is difference in intelligence between avg Yale student vs. avg Harvard/wherever student is fairly absurd and overstates the real-world importance of anything you learn in a non-tech undergrad major.</p>
<p>FutureVP, you can ignore me if you want to, but I know what I’m talking about. Figuring out who’s recruiting where is not hard and you don’t need to work on the street to know where everyone else if recruiting either. And I’m sure Yale gets the nod over Columbia. You can look over all of my post in this forum and ask any banker who doesn’t work at Jefferies if my points are valid and I’m sure they’ll agree.</p>
<p>MegaFund, you’re proving that you don’t know how recruiting works.</p>
<p>1) No two candidates are ever the same.</p>
<p>2) Even if they were the same, Yale does not automatically get the nod over Columbia. Recruiting is organized by school, so if an MD graduated from Columbia, or the associates from Columbia are better-liked than the ones from Yale, or if the employees from Columbia pull harder for their own, the Columbia kid will get the offer.</p>