Best Schools for Investment Banking

College Search & Selection
1

<p>What schools provide the best undergraduate business programs that help you get jobs or internships at banking firm?</p>

2

<p>Wharton (UPenn), McCombs (UT), Darden (UVA), Ross (U of Michigan), Sloan (MIT), Hass (Berkeley), Mendoza (Notre Dame), Stern (NYU), Kenan-Flagler (UNC), Cornell, Kelley (U of Indiana), and many more. It is more about what you do in business school, how you perform, and how much you are willing to work for an internship.</p>

3

<p>Thanks! @collegeshopping so it does not matter where you go; it just matters what you do at whichever college you attend?</p>

4

<p>Actually, for investment banking, it does matter which college you attend, since it is one of the very school-prestige-conscious industries. <a href=“Out of Harvard, and Into Finance - The New York Times”>Out of Harvard, and Into Finance - The New York Times; indicates that 20-40% of HYP graduates going to employment work in finance, a much higher percentage than at most of the other schools named a few posts ago (no way that 20-40% of Berkeley graduates are going into investment banking, for example).</p>

<p>On the other hand, while it is well paid, investment banking may not be particularly desirable from a lifestyle point of view, according to <a href=“Warning: Banking May Be Hazardous to Your Health - WSJ”>http://online.wsj.com/news/articles/SB10001424052970204062704577223623824944472&lt;/a&gt; .</p>

5

<p>You don’t need to study business to do IB. Actually, the best schools for IB (HYP) don’t even have undergrad business.</p>

<p>Consider the opinion presented in this article: <a href=“Percolator: Brown and Cornell Are Second Tier”>http://chronicle.com/blogs/percolator/brown-and-cornell-are-second-tier/27565&lt;/a&gt; </p>

<p>…which I’m sure you can hear echoed other places as well.</p>

6

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<p>Nor do you need to do IB if you want to study business.
Alumni of some of the programs mentioned above (@ collegeshopping) must be finding alternatives.</p>

7

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</p>

<p>Not exactly what I said. Like @ucbalumnus said, Wall Street can be picky. But you can’t go to a top school and do just “meh” and expect a good interview result.</p>

8

<p>what happens if you go to a school like Indiana, Michigan or SC? Will you still have the same opportunities as someone who attends Harvard for IB? @collegeshopping</p>

9

<p>Of course not.</p>

10

<p>No, students from schools in middle america or even on the west coast typically have a harder time getting positions in investment banking, particularly in NYC, than students from schools in the northeast. There is a large geographical bias in ibanking hiring, rightly or wrongly.</p>

11

<p>“what happens if you go to a school like Indiana, Michigan or SC? Will you still have the same opportunities as someone who attends Harvard for IB?”</p>

<p>Now c’mon…you can add just about every school in the country to that list.</p>

12

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<p>Michigan Ross has a very high placement rate for IB. A lot of Ross grads can compete with Harvard grads in IB placement. </p>

13

<p>look… there are two different styles of education that can get you into investment banking… like people are saying… schools like HYP do not have undergrad business… you would probs do econ… that is a very different education style from a core business education in finance…</p>

<p>if you dont like that theoretical economics education then you want to go to business school. If you go to business school Wharton is number 1. Stern is a relatively close 2 in terms of finance solely due to location… Sloan is probably around the top of the pack too, but there are probably a lot of science requirements at MIT…</p>

<p>after that there is everyone else</p>

<p>JUST FOR FINANCE
Wharton
(small gap)
Stern
(small gap)
Sloan
(bigger gap)
Ross
(SIGNIFICANT GAP)
Haas, McCombs, Kenan Flager… all of those…</p>

14

<p>Duke, Stanford, HYP. For LAC’s Williams, Colgate, Holy Cross, Amherst.</p>

15

<p>A lot of misinformation on this thread. </p>

<ol>
<li><p>Wharton, Harvard and Princeton are the most highly recruited programs in the nation. Two of those do not have Business programs for undergrads. For some reason, Yale and Stanford are not as highly recruited. </p></li>
<li><p>Where is McIntire (UVa)? Where is McDonough (Georgetown)? Those are two of the most heavily recruited campuses in the US. As are Dartmouth and Duke, both of which have no undergraduate business programs.</p></li>
</ol>

<p>Anyway, most top Business programs release some sort of placement data:</p>

<p>Wharton (UPenn):
<a href=“http://www.vpul.upenn.edu/careerservices/files/WHA_2013cp.pdf”>http://www.vpul.upenn.edu/careerservices/files/WHA_2013cp.pdf&lt;/a&gt; (page 6)</p>

<p>Ross (Michigan-Ann Arbor):
<a href=“https://www.bus.umich.edu/pdf/EmploymentData2013.pdf”>https://www.bus.umich.edu/pdf/EmploymentData2013.pdf&lt;/a&gt; (page 11)</p>

<p>Dyson (Cornell):
<a href=“http://cals.cornell.edu/academics/upload/Final-Postgrad-Report-2012.pdf”>http://cals.cornell.edu/academics/upload/Final-Postgrad-Report-2012.pdf&lt;/a&gt; (pages 19-21)</p>

<p>Haas (UC-Berkeley):
<a href=“https://career.berkeley.edu/Major/BusAd.stm”>https://career.berkeley.edu/Major/BusAd.stm&lt;/a&gt; </p>

<p>McIntire (UVa)
<a href=“http://www.commerce.virginia.edu/careerservices/Documents/2013_Destinations%20Report.pdf”>http://www.commerce.virginia.edu/careerservices/Documents/2013_Destinations%20Report.pdf&lt;/a&gt; (page 25)</p>

<p>McDonough (Georgetown)
<a href=“http://www.georgetownmeansbusiness.com/ugnews/WebsiteMaterials/2012MSBEmployment%20Survey.pdf”>http://www.georgetownmeansbusiness.com/ugnews/WebsiteMaterials/2012MSBEmployment%20Survey.pdf&lt;/a&gt;&lt;/p&gt;

<p>Tepper (Carnegie Mellon):
file:///Users/ivanatabet/Downloads/BA-PostGrad-2013.pdf</p>

16

<p>Duke, Stanford, HYP. For LAC’s Williams, Amherst.</p>

<p>Fixed it up…just a bit.</p>

17

<p>Notre Dame, Penn State, UVA, Wharton, Harvard, Dartmouth, Holy Cross, Yale, Amherst, Colgate, Williams, Michigan</p>