Best Undergraduate College for Investment Banking and Hedge Funding

<p>barrons, you must realize that GS gets many applications from schools that are not highly ranked, such as yuor typical state school...MOST of the applicants who are actually hired are from highly ranked school...</p>

<p>i am going to be a double major in Finance and Economics at Indiana University's Kelley School of Business. I am also aiming for a PhD in economics or maybe even a combined PhD/JD program hopefully from a place like Chicago. will attending a state school like IU hurt my admissions prospects at chicago? would this make for strong recruitment from an investment bank?</p>

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i am going to be a double major in Finance and Economics at Indiana University's Kelley School of Business. I am also aiming for a PhD in economics or maybe even a combined PhD/JD program hopefully from a place like Chicago. will attending a state school like IU hurt my admissions prospects at chicago? would this make for strong recruitment from an investment bank?

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<p>Phd's are overkill...unless you want to get involved with academics or politics later on in your career. Believe it or not sometimes there is such a thing as being "too" qualified for a job, or being too educated.</p>

<p>This thread is very odd. I know someone from UConn who works at GS down in the city. Also, many UConn students head to Stamford after graduation to work at UBS. My economics field trip took a trip there and we asked them where they recruit from. They told us they recruit from all over. The majority of people coming from UConn, however. Although he mentioned they recruit heavily from Michigan, NYU, and some other schools I didn't catch.</p>

<p>I think the point is that if you do well enough in school you can get a job in many places.</p>

<p>NewEnglander, i think you are mistaking white-shoe investment banking, private equity, and corporate finance with operations, finance (i.e. accounting), and even trading.</p>

<p>the top banks hire from Baruch and Pace and UMaryland too. but the catch is, they hire for Operation and Finance. i.e., the back office.</p>

<p>for proof just read this.</p>

<p>School</a> Contacts - Recruiting Contacts - Apply To Lehman - Careers - Lehman Brothers</p>

<p>and see what division each school is recruited for.</p>

<p>working as an accountant at i-bank is not that much better than working the same job at a Fortune 500.</p>

<p>its the investment banking and private equity jobs that count.</p>

<p>So basically all that proves is that if you go to schools that aren't in the ivy league, you aren't going to get recruited. You are going to have to work hard and get in other ways.</p>

<p>I don't know if the person I know working for GS is just a financial analyst or not. However, I do know that the tour guide at UBS said they hire UConn graduates as investment bankers. </p>

<p>I'm talking about the UBS headquarters in Stamford, CT. This may be the back office. Regardless they are investment bankers.</p>

<p>P.S. I don't try to have a bias for UConn. I'm being forced to go there due to some scholarship they gave me and in-state tution. I much rather would have gone to NYU (maybe I'll transfer.)</p>

<p>I'm going to major in accounting so I'd be satisfied with an accounting or anaylst job at these firms, haha.</p>

<p>wow sf606508 thanks for that extremely useful link....it suddenly makes me feel better about the college im going to attend lol</p>

<p>Um, no. Harvard and Princeton are slightly better than Yale/Wharton/Stanford/MIT but the difference is minimal.</p>

<p>So, where does the University of Virginia (McIntyre School) factor into all of this?</p>

<p>very good......</p>

<p>quag_mire, what college are you going to?</p>

<p>and new england, UConn is a good state school. although you could have gone for merit scholarships at Vandy or something, i don't know. </p>

<p>unfortunately, stamford CT is definitely not a white-shoe office. all the front offices are in mid-town Manhattan; for the (more laidback) hedge funs and private equity, Stamford, Greenwich and Long Island are also hotspots. but here is a fairly obvious example: do you actually expect say, Fortune 500 CEO's to go to Stamford to negotiate their latest structured debt offerings, or do you expect them to take the Town Car down the street in Manhattan? </p>

<p>to be fair, UBS has the world's largest columnless trading floor in Stamford (guinness record), if thats any indication, but</p>

<p>trading is seen as a nouveau riche segment. and definitely not white-shoe or prestigious.</p>

<p>i humbly suggest you transfer as the earliest convenience if you want that glamorous i-banking job.</p>

<p>How does University of Illinois fit into the picture??</p>

<p>Any more advice on Chicago? Not compared to other schools, but how it does in IB/HF/Trading/MC</p>

<p>sf606508, i'm a high school senior and have been accepted at NYU Stern and will be attending....im gonna double major in finance and math, and am interested in quantitative finance....your link directed me to several other links which indicates to me that NYU Stern is a major target school for a lotta financial firms, so that sorta made me feel better about my college choice lol</p>

<p>How would you guys compare Wharton and Oxford for IB? I've been accepted to both and I'm finding it hard to decide.</p>

<p>what more?</p>

<p>any views on UIUC business???</p>

<p>quagmire, don't double major in math and finance. just don't.</p>

<p>those sort of guys get directed to either the trading floor or the research offices.</p>

<p>just do finance.</p>

<p>you'll get a higher GPA (very important) too.</p>

<p>i don't know where people coming out of high school get those ideas about taking the hardest courseload possible.</p>

<p>being a product of a rigorous prep school, i can say i am in full disagreement with the lunacy.</p>

<p>"Um, no. Harvard and Princeton are slightly better than Yale/Wharton/Stanford/MIT but the difference is minimal."</p>

<p>Um, anything to back that up with?</p>

<p>"So basically all that proves is that if you go to schools that aren't in the ivy league, you aren't going to get recruited. You are going to have to work hard and get in other ways."</p>

<p>So a MIT, Stanford, Chicago degree apparently won't get you anywhere on Wall Street.....</p>