Best College for I-Banking

<p>You really think employers will care if you are 24 instead of 22? Not very likely. If anything it might be an advantage. Especially if you emphasis that you were willing to put in the extra time to go study for a career you really liked--rather than just take any major to get out of school quickly.</p>

<p>You have no idea how many people wish they had taken an extra year or two to get it right--and I think employers realize this as well.</p>

<p>I took an extra year, and I do think it helped me, because I didn't do well at all in high school, but now I have a 3.4 and will have a 3.5 after this semster so it did help. I guess maybe I am being a little silly. I guess I'm not really a "non-traditional" student.</p>

<p>still wharton/penn is king...in a class of 500 for wharton about 350 go into banking plus another 200 or so from the college and engineering...I recently attended a speech by Goldman's CEO and he stated that Wharton had the highest proportion of students on wall street in addition to the highest number of MDs at bulge bracket firms.</p>

<p>uhyea, i'm afraid that will never happen, especially with UVa's new state-of-art comm school which will be finished in 2 years. Oh, and there's no way Indiana would place more kids than Michigan. </p>

<p>UVa and Michigan both place as many non business-majors into ibanking as business majors. (as goldman sachs representatives told me last thursday, the most popular non-business majors for ibanking are art history, political science, economics, English, history, physics, psychology and engineering) </p>

<p>Kelley is a great business program, but in order for Indiana as a whole to outplace Michigan, IU's college of arts and sciences needs to work harder.;)</p>

<p>I agree wharton is the king, i guess by "best", we are talking about the best schools other than wharton, hehe.</p>

<p>oh, and if you don't think Michigan, Northwestern, Cornell, Dartmouth, Williams College, Columbia, Princeton, UVa, Brown, Harvard, Yale outplaces Indiana by far per capita, then you are the one who doesn't know what you are talking about. College Confidential is a great place to learn, I'm glad you found it.</p>

<p>Wharton would be expected to send more students into I-banking, wouldn't they. </p>

<p>I'm not quite sure where people keep getting the numbers for how many students go into I-banking from areas other than the business school, though--especially since going to work for a bank, and going to work in I-banking are certainly not the same thing (anyone ever hear of Treasury or back-office processing, or consumer marketing--all of these are banking functions, as well). For all anyone posting on here knows, these people could be taking teller positions. (kind of unlikely for Wharton, I'll admit)</p>

<p>talking to your deans of various department and head of university career serivce gets you those numbers. a history major has to go through UCS to have on ground interview with a firm..........</p>

<p>Untitled, I don't think you are giving Indiana it's due. This is about the fifth time you've attacked the school--and I'm trying to figure out why? Okay, you go to Virginia--okay they have good placements--but why do you think that Indiana, which ranks better than Virginia in almost every business field shouldn't get any credit for its business programs? </p>

<p>I will agree that Indiana needs to improve its arts and sciences school--but its business school is top-notch and should get at least a little attention by students considering where to go.</p>

<p>P.S. Here's the statistics on the business concentration comparisons.</p>

<p>USNW rankings:
Accounting: Indiana 9, Virginia 28
Finance: Indiana 7, Virginia 10
Entrepreneurship: Indiana 6, Virginia unranked
International Business: Indiana 12, Virginia unranked
Management Information Systems: Indiana 12, Virginia 16
Marketing: Indiana 7, Virginia 12
Production/Operations: Indiana 6, Virginia unranked
Quant Analysis: Indiana 9, Virginia unranked
Supply Chain: Indiana 11, Virginia unranked</p>

<p>and the two categories Virginia actually did rank higher in:
General Management: Virginia 4, Indiana 7
Overall Undergraduate Business School: Virginia (tied for 9-10), Indiana 11</p>

<p>Yeah untitled, if what you say about the kids who are not in uva or umich bschools but their arts and sciences program is true, I'm sure the majority that do work at the ibank are not actual ibanking analysts, there is no way an arts and sciences student who has no practical financial or business knowledge will be placed higher than an IU KSB student. UVA is not even ranked higher than IU in finance, I'm sure recruiters will not take a UVA art history student over a Kelley Finance student. Now lets talk strictly about the business students, obviously if Kelley's students are learning the core of Ibanking, Finance, at the 7th best program compared to whatever UVA is (not higher than Kelley) at the job they are going to out do the UVA students, which I have heard the majority do, not just UVA but the real top tier schools. Once this happens the Kelley kids will get promoted quicker and have more hiring power and quite soon Kelley will outplace UVA. You forget IU just started heavily placing students in ibanks two years ago and the Kelley school is at pretty much the same level as UVA business school placement, which is located closer to wall street than IU, and historically has been strong in placement. If IU is ranked higher in finance and has already accelerated to the level of UVA and UMich ibanking placement, just think what the ibankers are thinking they have been missing out on. Mark my words Kelley is already and will be premier for hiring ibanking talent.</p>

<p>I go to Kelley, and in Untitles defense, we probably had two to three placements that were in the College of Arts & Sciences, and the COAS school has a long way to go. Also, Bankers don't care what your major is, they just want smart people. Thats why I think in the long run, it doesn't really matter where you go, if your smart enough you will get an IB job. If your in between, then it definitely does help to go to a good school.</p>

<p>But as far as what uhyea said, I agree, I think the momentum as far as B-School placement is definitely in our favor. It gets easier every year for b-school students to get IB jobs, or whatever jobs they want. Keep in mind, I have an obvious bias towards Kelley.</p>

<p>Yeah thats true , just work hard and it will pay off in the end</p>

<p>If I went to NYU (GSP) and majored in econ, would it hurt my chances of getting into a good i-banking firm after graduation, or would I be better off going to IU Kelley?</p>

<p>No one answered the question about Tufts. Do they have good program?</p>

<p>I think if I were at NYU, I would stay there and take either Economics, or look at my chances of getting into Finance at Stern prior to my junior year.</p>

<p>"UVA is not even ranked higher than IU in finance, I'm sure recruiters will not take a UVA art history student over a Kelley Finance student."</p>

<p>they do sometimes, take UVa liberal arts majors over a business major, as the Goldman Sachs representative told me. Everything can happen. My friend, who was a history major at Princeton, who only took 2 economics classes, is working at Morgan Stanley now, as an analyst. Investment banks look for smart people, then TRAIN them. </p>

<p>Yes, Indiana may have a better business school than UVa, in term of quality of business education, but it's not correlated to placement. Georgetown University's undergrad biz program is ranked in the 20s or 30s, yet it's placement is amazing. investment banking is a lot about old boy networking.............</p>

<p>"the COAS school has a long way to go. Also, Bankers don't care what your major is, they just want smart people"</p>

<p>I'm glad you are informed.</p>

<p>" if what you say about the kids who are not in uva or umich bschools but their arts and sciences program is true, I'm sure the majority that do work at the ibank are not actual ibanking analysts,"</p>

<p>Actually, they ARE analysts............. economics, poli-sci and history majors have INCREDIBLE analytic skills and they can quickly be trained to do investment banker's tasks. I'm a first year student, and i've talked to representatives from Lehman Brothers, Goldman Sachs, MS, JPMorgan and HSBC, as well as informed economics professors and career center advisors. Those people do not usually lie.</p>

<p>"Mark my words Kelley is already and will be premier for hiring ibanking talent"</p>

<p>We'll see how premier it gets.</p>

<hr>

<p>by the way, i've said multiple times that Kelley is a great business school (you can check all these threads). I never said "it sucks", but there's a difference in providing business education and sending kids onto wall street. I was just showing how two other schools are sending more kids than IU. Calcruzer claimed harvard, Stern and wharton are the only three schools with better placements than Kelley. (" No other college except NYU, Wharton, and Harvard (forgot them, sorry)--placed more students with I-banking firms last year [than IU]".) I simply used concrete evidence to prove that that statement is incorrect. Then, Calcruzer acknowledged it and I have always acknowledged Kelley as a great business school. I'm not trying to start a war by saying Kelley blows or anything, I was merely accessing the validity of a statement.</p>

<p>Overall, what i'm trying to say is Kelley is a great school, but not Top 4 in term of placements. Hey, Michigan and UVa are not either. ;)</p>

<p>Yea, let's all chill out.....................we gotta make friends, not enemies, if we want to succeed in the corporate world.</p>

<p>Untilted, what is there to see? Kelley may be a step behind some some of the big dogs when it comes to Ibanking, what would you classify as premier? Atleast the very least they are way above average.</p>

<p>Well, I agree with untilted that its time to chill out. </p>

<p>I think there's been a lot of good info posted on this thread by a lot of people including untilted--let's appreciate that and use it to make good decisions on college choices.</p>

<p>P.S. I notice on Indiana's website (go to the first part of the Investment Banking 2007 Resume book) that they claim 59 people from their business school were placed in I-banking this year (2006) through their undergraduate Business placement office. As untilted already pointed out UVa placed 71 and Michigan 76 (don't know if these numbers were 2005 or 2006). I think someone from Wharton claimed 250 from the business school there (and 350 overall). Nobody's been on here from Harvard giving numbers--and if they did it wouldn't be from their undergraduate business school--since they don't have one, and NYU doesn't post their undergrad placement stats anymore (their MBA stats,which are posted, are impressive though). I was at Carnegie Mellon last week with my son, but couldn't get any stats on I-banking placements while there. (But their "computational finance" program is over-the-top and super demanding--so I imagine they place quite a few from this program).</p>

<p>Lastly, I don't know anything about Tufts with I-banking placements--anybody else able to help out private_joker on this?</p>

<p>I told my buddy about this site and he's doing IB. This summer. He said if you can get into Harvard, Wharton, Princeton, or any IVY for that matter, and want to do IB, do that. Otherwise, if you have to decide between non-IVY schools consider kelley as one of the better options. Michigan is a great school too. So flip a coin. Bottom line you work hard, you'll get it.</p>

<p>The premier epitome of the Investment Banker is seen on this thread. Smart, daring and willing to prove the **** out of anyone who will challenge them. Yep, I think we all might just have a chance in this business.</p>

<p>haha finally we agree on something</p>

<p>hahahaahahha, well said, pre-medwannabe.</p>