<p>Please Rank : Harvard, Yale, Princeton, Wharton?
And Your Own Favorite: _________________?</p>
<p>Please rank CC Top Universities for IB and Hedge Funding.</p>
<p>0 Tier:
Harvard, Penn Wharton, Princeton, Stanford
(Yale is not as strong in Finance as it is in other areas)</p>
<p>1st Tier:
Yale, Dartmouth, Columbia, Penn (non-Wharton), Duke, UCB Haas, NYU Stern, Chicago, MIT (sloan and others), Cal</p>
<p>2nd Tier:
Georgetown, Cornell, Brown, Northwestern, Rice, UVA, UMich Ross</p>
<p>3rd Tier:
UCLA, CMU, Emory, WashU, Amherst, Williams, Notre Dame, UTAustin, BYU</p>
<p>and a few more..</p>
<p>This is STRICTLY for finance / I-banking. The list may look quite different if it were for consulting or other areas. (Stern would go down, Ross and Yale would go up, etc.)</p>
<p>It's tough to say. I feel that if you're in HPY it comes down to your individual stats. However, if I had to rank them, I would say Harvard gets first simply because they get more attention from recruiters. I go to Yale and was lucky enough to get SA for IBD, but I think more kids from Harvard aspire to become Ibankers. I remember reading a statistic from The Crimson that a large percentage of Harvard grads planning to enter the workforce after graduation planned to go to ibanking (more than at Yale). That in combination with a larger student body and many recruiters at the school makes it more likely that a Harvard student will go to ibanking. But I think it comes down to the quality of the student, no matter what school they're at. </p>
<p>I can't comment on Princeton or Wharton, though. But that's my opinion on the matter.</p>
<p>Out of Curiosity, Is it more worthwhile to go into Investment Banking at Goldman Sachs or Citigroup Global Corporate. It only seems that Citigroup Global Corporate might offer more mobility since if investment banking goes out of fashion, you can still move within the company into other divisions.</p>
<p>Nice. Do you think that 3rd Tier is good enough for i-banking?</p>
<p>Harvard's the best. Wharton comes in at a close second.</p>
<p>3rd tier schools are generally not considere "target" schools by BB banking firms.. so it would be more difficult for you to land a job in BB firm coming out of those schools but it's still definitely possible if you have good stats.</p>
<p>A lot of the graduate program is filled by Economics students...the best colleges for the subject tend to be the most recruited from, reflected by the target schools being Harvard, Wharton, Princeton, MIT being the top. I study in one of the five target universities in England and will be interning FO at a top BB this summer, and talking to some of the recruiters and would-be colleagues it's pretty clear that the college one goes to just helps them pass the HR screening stage. Grades, ECs and demonstrated interest in finance prior to the internship are often determining factors when comparing candidates from the top schools. This being said, most of the bankers on the street come form tier 1 and 2. In England, 80% of the City's Front Office grad intake comes from Oxford, Cambridge, LSE, Warwick, and UCL. It's no surprise these places have consistently been in the top 5 Econ departments in the country.</p>
<p>the above tiering system is incredibly arbitrary</p>
<p>for i-banking, the most important thing is your grades. do well where ever you are.</p>
<p>once you have good grades, your school makes a marginal difference at the top places only. such schools include those with high lay prestige: all of the ivies, MIT, stanford</p>
<p>Judging by the numbers, you need to switch Cornell and Ross with Cal and Haas. However, I do agree that this can be somewhat arbitrary -- at this level it's more about what you do in college and how well you interview than anything else.</p>
<p>I recently got some info about the new Kellogg cert program from an actual student:
[quote]
Sam, so the first class they taught us is the Turbo Finance MBA -- that is, the advanced class they teach MBAs with extensive experience, which combines two finance classes for people without enough experience in finance. It was the same teacher who teaches the Turbo class -- in fact when I went over at Kellogg to study on the night before our 1st midterm I heard MBAs discussing similar practice problems.</p>
<p>The second class is again a class taught to MBA, but I think with a bit more math for us (not 100% sure.) We did have to prove the CAPM and econometrics is used rather extensively, I'd imagine more so than in an MBA class.</p>
<p>And, another thing about the finance program -- we had one of the top 5 people of one of the largest hedge funds in the world have an exclusive presentation for us today. It was pretty cool.</p>
<p>Now back to that game theory 2 homework.
[/quote]
[quote]
That's why we have all these pre-reqs. Matrices, econometrics, stats, etc. are used on a regular basis. I like this, although it keeps many potential students away from the program.
[/quote]
</p>
<p>Looks like the new Kellogg cert program is way up there in terms of rigor and the technical knowledge one would receive (most business program require only 1 semester of calculus). Maybe it will move up from the current tier clubbiscuit listed in the near future. :)</p>
<p>Hmm, Cal as Tier 1? I think only Haas is Tier 1...
If anything, Cal [as a whole] is Tier 2-3.</p>
<p>chances of u getting an ib job out of stern is very slim. ask any sternies, the typical story is 30 res drops and 2 interviews with no name companies. because everyone wants ib, you will be facing stiffer competition than some other more liberal arts based schools. Dartmouth is tier 0 and cornell is tier 1.</p>
<p>Ya harvardman just because you go to Cornell, you can't put up cornell so high. Although Cornell AEM is quickly growing, it doesn't cut it to the top level yet.</p>
<p>And dartmouth same level as HPSW? That's just ridiculous.</p>
<p>A lot of people from ivieis apply for I-Banking jobs as well, and Dartmouth is one of them. What makes you think that you won't face stiff competition in the ivies?</p>
<p>And it is true that Stern students probably will face the biggest competition out of all those schools, but it is also true that a lot of banks will recruit @ Stern (not just BBs, boutique NYC firms as well just b/c of its location), so they have more opportunities. Stern IS a target school.</p>
<p>Dartmouth gets a huge advantage due to its quarter system (the D-plan). Dartmouth students get special schools your internships (Fall, Winter, Spring) in addition to summer like everyone else. This tends to be a big advantage, and Dartmouth students have had years of high placement into top firms because of it. Add in very strong alumni support and a great career services and Dartmouth does almost as well as any school in the country.</p>
<p>Harvard is one of the best for investment banking and hedge fund's</p>
<p>Harvard, Wharton</p>
<p>Princeton, Yale, Stanford, Columbia, MIT</p>
<p>Georgetown, Dartmouth, NYU Stern, UChicago</p>
<p>Northwestern, Cornell AEM, Ross, Haas, Penn (non-wharton)</p>
<p>^I think I'd move Georgetown down one. Otherwise, it's a pretty good list.</p>
<p>georgetown needs to be moved up. mcdonough has improved so much recently and is one of the top for finance.</p>
<p>georgetown is the third most highly recruited undergrad school by goldman sachs (they neglected to mention the top 2).</p>
<p>jpmorgan, morgan stanley, lehman bros, royal bank of scotland, bank of america, merrill lynch, citi, credit suisse, barclays capital, ubs, and deutsche bank also all actively recruit on campus for ibanking</p>