<p>FreshElephant,</p>
<p>We'd be in Tier 2. Judging by time as a summer analyst, talking to HR, and viewing my resume books from various BBs, we are highly represented</p>
<p>Why is MIT Sloan not in the top tier? (I don't know a whole lot about Ibanking)</p>
<p>What do you guys think are the most popular/helpful majors/concentrations for IBanking?</p>
<p>Well, Finance and Economics are definitely popular.</p>
<p>The helpfulness of the major will be dependent upon how much quant you want to do in finance. If you want to be a general banker then an Economics/Finance major would be fine. If you want to deal with more advanced analysis/models , then some firms really fancy a degree in Mathematics, Engineering, or Physics (more quant heavy than Econ). Economics is generally fine (if you're looking for the path of least resistance).</p>
<p>I'm doing both econ and math...hope it works out.</p>
<p>arent most finance/i-banking jobs concentrated in the north-east? if so, why would stanford be on the 1st Tier? i doubt recruiters will go that far away from the east coast to recruit kids at stanford despite its prestige...</p>
<p>
[quote]
arent most finance/i-banking jobs concentrated in the north-east? if so, why would stanford be on the 1st Tier? i doubt recruiters will go that far away from the east coast to recruit kids at stanford despite its prestige...
[/quote]
Because the students at Stanford are better than the students at other locations.</p>
<p>quag_mire,</p>
<p>Another thing to keep in mind is that investment banks have regional offices in California.</p>
<p>Many Stanford and Berkeley students work in the Menlo Park and San Francisco offices of Bulge Bracket firms.</p>
<p>I go to Berkeley. </p>
<p>If banks generally look for econ/finance majors why is Haas, or any of the ugrad business schools, preferred when they (or at least Haas) only grants business administration degrees?</p>
<p>How does the undergrad concentration in financial engineering at Columbia SEAS rate? Thanks.</p>
<p>I don't think any college can assume superiority over UChicago's economics program. Which is why im goin there =).</p>
<p>How does CMC rate?</p>
<p>Amherst, Williams, Swat, Pomona, CMC compare to G-Town, Rice, UVA, etc. </p>
<p>Obviously there are less top-LAC grads out there in absolute numbers, but these 5 place very well for their size in finance. </p>
<p>However, S.W.A.P. place slightly better in consulting (where CMC isn't boosted by its finance focus)</p>
<p>A few questions...</p>
<p>If you go to G-Town but aren't in the business school, is it still possible to get a good job in i-banking? I mean, people say you don't have to necessarily major in finance anyway, so does it matter?</p>
<p>Also, what if you go to a small liberal arts college like Middlebury or Bates or Bowdoin? Could you still be an investment banker if you wanted? Or would you have to resort to smaller banks? i.e. other than Lehman and GS...I don't really have the knowledge to place some banks at the top and others at the bottom)</p>
<p>
[quote]
I don't think any college can assume superiority over UChicago's economics program. Which is why im goin there =).
[/quote]
With all due respect to the University of Chicago, which is probably more responsible than any other academic institution for the proliferation of free market libertarianism, their undergraduate program is not in the first tier. Do not confuse graduate and undergraduate offerings. While there is a general correlation between the two, at Chicago there is generally more of a barrier than there is at Harvard or Stanford, or a school like Northwestern where so much of their focus is at the undergraduate level. I'm not going off perception here or what's been said publicly (which generally jives with what I'm saying), I'm going off friends who have gone to or graduated from Chicago.
[quote]
Also, what if you go to a small liberal arts college like Middlebury or Bates or Bowdoin? Could you still be an investment banker if you wanted? Or would you have to resort to smaller banks? i.e. other than Lehman and GS...I don't really have the knowledge to place some banks at the top and others at the bottom)
[/quote]
Getting an internship will be harder because career fairs will be weaker, alumni networks will generally be weaker, and most of the time career development offices at the schools are weaker. That said, the fact that LACs focus entirely on undergraduate education is of great benefit to the student, and you have a solid opportunity to get a lot out of an LAC program that you might have trouble getting out of a larger program. You'll be behind the top few tier schools and above the rest, but being behind the top tiers doesn't preclude anyone from getting a job anywhere. It's also a great path for graduate school, because smaller programs = more research opportunities.</p>
<p>All of the schools you're mentioning are a bit out of the way, and you can throw Grinnell, Carleton, Oberlin and Macalester in there. Students coming from those schools will be strong, yes. Yes, you can get very good jobs coming from those schools. And yes, it will be harder getting very good jobs coming from those schools than it will be coming from Harvard. It's just the nature of the game. The question isn't whether or not the school makes it easier to get a job, the question is what atmosphere better suits you, what school better suits you and what program do you feel lines up with your interests the most. Being in college is about developing skill sets that you keep with you for the rest of your life, and once you're in those top tiers of liberal arts colleges you're pretty well off as it is.</p>
<p>How does CMC compare to top tier schools in investment banking? Do ibankers from Claremont succeed as often as those from Ivies?</p>
<p>
[quote]
All of the schools you're mentioning are a bit out of the way, and you can throw Grinnell, Carleton, Oberlin and Macalester in there.
[/quote]
</p>
<p>Definitely. I know quite few people who went to Macalester. A couple of them are analysts at GS, and I know others in S&T at Citi and Bear(not that either of those would be good places to be right now).</p>
<p>Bear is gone. LOL</p>
<p>
[quote]
I don't think any college can assume superiority over UChicago's economics program. Which is why im goin there =).
[/quote]
</p>
<p>The mighty UChicago <em>undergrad</em> team had been beat 4 times in a row by Northwestern in College Fed Challenge. Maybe their solution were too complicated for the judges to comprehend? ;)</p>