<p>
[quote]
ok, lax, but nd's alumni network is insane, and Im sure some nd grads are in ibanking ===> interview.
[/quote]
</p>
<p>No, not at all. ND is not good for banking, schools ranked much lower than it (UT, UCLA, NYU) are MUCH better. Alumni doesn't mean anything if none of them are in banking. By your logic UMICH would be the best school for banking because they have tons of alumni. Arizona State would also be a great school for banking.</p>
<p>University of Michigan Ross School of Business is very well represented</p>
<p>the undergraduate program is recruited by all the top banks
in fact it is ranked #3</p>
<p>the MBA program is consistently ranked among the top</p>
<p>1) Look at my post. I said UM, not UMRoss</p>
<p>2) The point still stands, Wharton > Mich even though Mich has more alumni. </p>
<p>The whole "they have a killer alumni base, they must be a good school to get into banking" thing is bs.</p>
<p>Is it advantageous to be multilingual for jobs relating to finance? I am fluent in English and Chinese, both of which I can read well, and I can write Chinese at a basic level. In addition, I take French but I am considering dropping my studies in French. Would keeping French be a good idea? I am studying French for my 5th year currently. I am also thinking of applying to the Huntsman Wharton program, which requires a 2nd language, and they recommended that I choose French.</p>
<p>Also, what are my chances of entering finance through the following schools: UChicago, Northwestern, Cornell, Duke, and Carnegie-Mellon? I know they are excellent schools, but not necessarily tier 1.</p>
<p>all I said was the alumni network is insane. I didn't say it was insane b/c of the size. You ILLOGICALLY INFERRED THAT. It is insane b/c the alumni love their school and its students: 4th in alumni giving according to usnews. </p>
<p>In addition, you said none. How about the following list:(this is just from the business school mind you) source: Business Week:</p>
<p>Mendoza (full time placement):
Citigroup: 8
Deutsche Bank: 8
Merrill Lynch: 7
Morgan Stanley: 7
Goldman Sachs: 6
JP Morgan: 6
Bank of America: 4
CIBC: 3
TOTAL: 49</p>
<p>Mendoza (summer interns):
Morgan Stanley: 9
JP Morgan: 8
Merrill Lynch: 7
Goldman Sachs: 5
Lehman Brothers: 5
Citigroup: 4
Deutsche Bank: 4
UBS: 4
TOTAL: 46</p>
<p>I thought it was "NONE". Guess not. btw, ND's business school is ranked 3rd by business week in the 2008 rankings. Umich is not 3rd, its 7th. Cornell is 4th. Just thought I'd let you know.</p>
<p>BW's top 10 rankings don't mean anything</p>
<p>for god's sake they have Briyham young over NYU Stern and MIT Sloan</p>
<p>ND is not bad but I think you would find it hard finding people who would rather go to Mendoza rather than either Ross, Stern, or Sloan("lower" ranked schools)</p>
<p>
[quote]
all I said was the alumni network is insane. I didn't say it was insane b/c of the size. You ILLOGICALLY INFERRED THAT. It is insane b/c the alumni love their school and its students: 4th in alumni giving according to usnews. </p>
<p>In addition, you said none. How about the following listthis is just from the business school mind you) source: Business Week:</p>
<p>Mendoza (full time placement):
Citigroup: 8
Deutsche Bank: 8
Merrill Lynch: 7
Morgan Stanley: 7
Goldman Sachs: 6
JP Morgan: 6
Bank of America: 4
CIBC: 3
TOTAL: 49</p>
<p>Mendoza (summer interns):
Morgan Stanley: 9
JP Morgan: 8
Merrill Lynch: 7
Goldman Sachs: 5
Lehman Brothers: 5
Citigroup: 4
Deutsche Bank: 4
UBS: 4
TOTAL: 46</p>
<p>I thought it was "NONE". Guess not. btw, ND's business school is ranked 3rd by business week in the 2008 rankings. Umich is not 3rd, its 7th. Cornell is 4th. Just thought I'd let you know.
[/quote]
</p>
<p>Are you a freshman? You sure sound like it. Wow, their MBA program puts some people in IB's (which doesn't mean they do IB, they could be back office for all we know). MBA is only, what, 9 years away if you're starting college? The fact that they only put 29 people in the top 4 IB's is embarassing for an MBA program. But you fail to understand that we're talking about ND for UG, which SUCKS for ibanking....there's no other way to spin it, it's not good. There are plenty of schools ranked below it where you would be better off for IB. The fact that they have strong alumni doesn't mean anything...NOTHING. </p>
<p>And lol @ you citing business week....another sign that you have no clue what you're talking about.</p>
<p>What are you going to tell me next? "but I know this one kid who got IB from ND, they told me they did....." Thanks, that's all well and fine but it doesn't mean that they are good at placing people into IB, because they aren't.</p>
<p>I would appreciate it if you would not get so disrespectful and flustered. The stats that I posted were for the Mendoza undergrad program. Once again, so there's no discrepancy, the stats I posted were for the Mendoza undergrad program.</p>
<p>zoolander, I agree w/ you. Stern, Sloan, and Ross are better ug biz programs, but ND, while not at these school's levels, is not bad either. </p>
<p>lax, the fact that they have strong alumni network means getting a coveted internship from an alum at a given ibank. It also gives one a leg up in hiring. Didn't you learn from your last post that you should be more careful with absolute statements like "The fact that they have strong alumni doesn't mean anything...NOTHING." Don't you remember: "No, not at all. . . none of them are in banking." Which I followed up with : </p>
<p>Mendoza (full time placement):
Citigroup: 8
Deutsche Bank: 8
Merrill Lynch: 7
Morgan Stanley: 7
Goldman Sachs: 6
JP Morgan: 6
Bank of America: 4
CIBC: 3
TOTAL: 49</p>
<p>Mendoza (summer interns):
Morgan Stanley: 9
JP Morgan: 8
Merrill Lynch: 7
Goldman Sachs: 5
Lehman Brothers: 5
Citigroup: 4
Deutsche Bank: 4
UBS: 4
TOTAL: 46</p>
<p>Once again, these stats are for Mendoza's undergraduate program. </p>
<p>btw, zoolander, though I agree with your last post, you cannot deny your hypocrisey as you promoted umich based on a last years bw rankings.</p>
<p>Basically, we need a ranking based on undergraduate schools (since bweek only looks at bschool and not even econ) putting people in ibanking (analyst) and mgmt consulting positions out of college</p>
<p>
[quote]
lax, the fact that they have strong alumni network means getting a coveted internship from an alum at a given ibank. It also gives one a leg up in hiring. Didn't you learn from your last post that you should be more careful with absolute statements like "The fact that they have strong alumni doesn't mean anything...NOTHING." Don't you remember: "No, not at all. . . none of them are in banking." Which I followed up with : </p>
<p>Mendoza (full time placement):
Citigroup: 8
Deutsche Bank: 8
Merrill Lynch: 7
Morgan Stanley: 7
Goldman Sachs: 6
JP Morgan: 6
Bank of America: 4
CIBC: 3
TOTAL: 49</p>
<p>Mendoza (summer interns):
Morgan Stanley: 9
JP Morgan: 8
Merrill Lynch: 7
Goldman Sachs: 5
Lehman Brothers: 5
Citigroup: 4
Deutsche Bank: 4
UBS: 4
TOTAL: 46
[/quote]
</p>
<p>These aren't all for investment banking are they? You do realize there are many, MANY, other jobs that IB at these places right? Look at the SA classes from the top banks, they don't have a whole lot of ND people in them, especially considering where the school is ranked. </p>
<p>ND is not good in banking despite it's "strong" alumni. Wow, you say they donate to the school....and that somehow equates into getting you a job on the street? What happens when you realize that the # of ND grads working at positions that can get you those jobs is ridic low? </p>
<p>Where did you do your SA stint at joker?</p>
<p>Here's ML07...nobody from ND</p>
<p>Harvard: 13
Princeton: 11
Dartmouth: 10
Penn (Wharton & CAS): 7
Duke: 7
Yale: 6
Stanford: 6
Columbia: 5
Michigan: 4
MIT: 4
Berkeley: 3
Williams: 3
Cornell: 3
UVA: 2
Brown: 2
UNC: 2
Indiana: 2
UCLA: 2
NYU (stern & CAS): 2
Amherst: 2
USC: 2
Wellesley: 2</p>
<p>um, what is ml07? Is that a verifiable source?</p>
<p>What ib would leave out Northwestern, Notre Dame, and Uchicago?</p>
<p>Where is this ib? NYC? I want a job in chicago. </p>
<p>I'm sorry, but you're numbers actually prove my point that where you go to school does not matter as much as your ability to interview well and succeed. Isn't that evident by the 2 people from indiana and the 0 from Northwestern, Chicago, and ND?</p>
<p>Once again, thank you for posting that list. It disproved your own point.</p>
<p>thejoker0909,</p>
<p>ml07 means Merrill Lynch Summer Analyst Class 2007.</p>
<p>Summer analysts receive resume books of everyone in their summer analyst class whether it be S&T or IBD, and you can tell where everyone attended and how schools are represented.</p>
<p>And like I said, I do not recall seeing any ND from my SA resume book -- and if there was I'd wager that the number was 1 at best. The point remains it is not a highly recruited school for front-office positions.</p>
<p>The numbers you posted could mean anything: operations, compliance, finance, IT, perhaps a few sprinkled in S&T and IBD here and there etc.</p>
<p>
[quote]
um, what is ml07? Is that a verifiable source?</p>
<p>What ib would leave out Northwestern, Notre Dame, and Uchicago?</p>
<p>Where is this ib? NYC? I want a job in chicago. </p>
<p>I'm sorry, but you're numbers actually prove my point that where you go to school does not matter as much as your ability to interview well and succeed. Isn't that evident by the 2 people from indiana and the 0 from Northwestern, Chicago, and ND?</p>
<p>Once again, thank you for posting that list. It disproved your own point.
[/quote]
</p>
<p>The ability to make yourself look less and less qualified to answer questions with each consecutive post is epic in this thread. </p>
<p>You don't know what an SA list is? The fact is ND is not recruited heavily. In addition to the list I provided I know for a fact that they didn't put anyone in the GS class in 07. </p>
<p>There are targets, semi targets, and non targets. ND falls in the non target category because, as evidence shows, they don't put people into IB jobs out of UG. </p>
<p>
[quote]
but you're numbers actually prove my point that where you go to school does not matter as much as your ability to interview well and succeed.
[/quote]
</p>
<p>HAHA! This was a good laugh. Try this line out on anybody who knows anything about finance, let alone IB, and see what they have to say. </p>
<p>PS: To spare you the embarassment, yes they probably do put people at IB jobs in Chicago....but don't think Chicago IB is the same as NYC, not in any way shape or form. People go to Chicago when they can't get jobs in NYC (or even SF).</p>
<p>this is slightly irrelevant, but are the bonuses for I-bankers, quants etc as high in locations other than wall street? do the i bankers in Chicago, SF, Hong Kong, London etc working for, say Goldman Sachs, get the same level of pay as those in NYC?</p>
<p>
[quote]
this is slightly irrelevant, but are the bonuses for I-bankers, quants etc as high in locations other than wall street? do the i bankers in Chicago, SF, Hong Kong, London etc working for, say Goldman Sachs, get the same level of pay as those in NYC?
[/quote]
</p>
<p>No, not at all.</p>
<p>well, what then is the reason for such disparities in pay? I'm assuming the bankers, quants etc in cities other than NYC do pretty much the same work as those in NYC, so why are wall street bonuses so much higher?</p>
<p>There's no one reason but rather numerous reasons. People in NYC are the best of the best....you have to pay to keep the best of the best. It costs more to live in nyc, you work on the biggest deals in nyc etc. etc. etc.</p>
<p>what kind of reason is "People in NYC are the best of the best"??
what if someone from NYC decides to move from NYC to say, Chicago or Connecticut..that move wont make him any less talented of a banker, trader etc
so are you saying that a first year analyst in NYC will have a higher base salary than an analyst for the same firm for the same function in CT or Chicago? or if the base salaries arent different, then will the bonuses be much higher in NYC?</p>