<p>They’re recruited for the same jobs. Apart from Wharton, the top targets do not even have undergrad business programs (Harvard, Stanford, Princeton).</p>
<p>Yeah most top banks could care less about BBA experience after Wharton. Columbia will get recruited as well or better than Stern for almost any area of finance.</p>
<p>How does Villanova School of Business rank. I am attending there in the fall and want to go into HF/PE. Is Nova considered a Semi-target. I picked it over wake forest was that a good idea are both the same academically? NOva isnt ranked in USnews but for masters its number 1 in the north. will I need to transfer up</p>
<p>I am attending The Kelley School of Business at IU this fall. Anyone know anything about them?</p>
<p>I know it’s not a target or even a semi-target, but does anyone know if there’s any front-office recruiting at Lehigh? Or how strong the alumni network is?</p>
<p>Villanova and Lehigh are not targets; dunno about any FO recruiting at Lehigh. IU might be a semi</p>
<p>Essentially Ivies + Stanford + MIT + Duke/Gtown/NYU? Would those schools make up about 75% of the top firms employees?</p>
<ul>
<li>UMich Ross</li>
</ul>
<p>What does a finance major actually do in the workplace? Are they simply an analyst for a bank or a hedge fund? When people use the term Investment Banking and Hedge Funding, I am not really sure what they are talking about. Is it creating mathematical models? Or simply trading? I don’t see a undergraduate actually working in the derivatives market based on the lack of knowledge of mathematical finance.</p>
<p>^[Finance</a> Jobs Guide from Careers-in-Finance.Com](<a href=“http://www.careers-in-finance.com/]Finance”>http://www.careers-in-finance.com/)</p>
<p>Thank you. So basically based on the information on that website, you really dont get into IB or hedging with an undergraduate degree</p>
<p>That is not correct. An IB job post undergrad is the most important thing you can do, it is the path into Private Equity, Hedge Funds, Venture Capital, or high level Investment Banking. </p>
<p>I cannot emphasize this enough. Going into IB after college is the MOST IMPORTANT thing you can do. Most PE firms and hedge funds will never hire you unless you have that two-year post undergrad banking experience.</p>
<p>IF you miss this door usually the only other way into elite finance is to get an MBA at a top program, and usually its to go into investment banking as an associate. Most often MBA associate hires are not hired by hedge funds or PE. </p>
<p>So the way in is basically TOP Feeder undergrad -> 2 years IB or trading -> hedge fund/PE</p>
<p>Top Feeder undergrad =
Harvard, Princeton, Wharton
Dartmouth, Yale, Stanford, MIT
Columbia, Duke
Northwestern, Brown, Cornell, Ross (Michigan), NYU Stern</p>
<p>*Side note: one other way to get into hedge funds without the two years of banking is a financial engineering degree/or highly specialized finance/math graduate degree but this is rare.</p>
<p>Citadel, DE Shaw, AQR, Clarium, Bridgewater, and Highbridge all recruit heavily at the undergrad level, and not just for quants, but for trading, software, ops, even generalists.</p>
<p>It is very much possible to get into a top hedge fund directly out of school, particularly if you go to a target school. Banking is by no means required. And also, there is a huge difference between IBD and S&T, the LATTER of which is a good feeder into hedge funds. If you want to break into a hedge fund, and aren’t at a top target, go into S&T. You’ll have a much better lifestyle and still be in a better position to be recruited after your analyst stint.</p>
<p>PE is a bit more selective - you pretty much have to either go to Harvard or Wharton to have a shot at the big firms like Blackstone and Silver Lake directly out of school.</p>
<p>That not what that website says. Read again</p>
<p>[Birth</a> Control - Rhythm Method](<a href=“Sexual Health | Sutter Health”>Sexual Health | Sutter Health)</p>
<p>my bad</p>
<p>[Careers</a> in Investment Banking: Getting in the Door](<a href=“http://www.careers-in-finance.com/ib_breakin.htm]Careers”>http://www.careers-in-finance.com/ib_breakin.htm)</p>
<p>You need to learn to be precise with your interpretation and language if you want to succeed in IB or Hedgefundoscopitation.</p>
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<p>It’s still tough to get into S&T at a big bank if you aren’t at a target school.</p>
<p>Is it still possible for non-finance major, for example an engineering major or math major to complete successfully for hedge fund jobs or investment banking job? Or would this path only be available to the those who get a graduate degree in mathematical finance or financial engineering?</p>
<p>^The math involved in investment banking rarely is more rigorous than arithmetic. Most target schools don’t even have undergraduate business programs (Ivies - Wharton + Duke + Stanford + NU).</p>
<p>tranferstudent, regarding alumni network in finance/investment banking for Lehigh alumni, google a guy named Joseph Perella, who is actively involved with Lehigh’s business school.</p>
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<p>Huh! Learn something new every day. There are definitely a bunch of top finance guys who didn’t go to elite schools. It’s unfortunately much harder to break in these days.</p>
<p>Everytime I see a list of colleges on this thread, and UNC isn’t there, I die inside. Transferring is going to be such a pain.</p>