Business Connections in Chicago

I’m a current high school Junior. I’m interesting in business, particularly Finance. Investment banking is something I can see myself doing in the future. I have two schools I’m strongly considering; University of Iowa(Tippie) and Indiana University(Kelley). Tippie because I’m from Iowa and Kelley because they have some of the best business programs in the country. I’ve heard Kelley has strong business connections in Chicago, but I’m not so sure about Tippie. I’ve been researching and other forums say a strong business connection is very important in getting a job at an I-bank. Does it matter? I would love to be a Hawkeye, but if the advantage is that much better in going to Kelley, I might have to reconsider.

To make it short, does Tippie have good business connections with Chicago I-banks? Is the gap between Tippie and Kelley that wide?

The most important thing will be your GPA going to both schools, as an example DD has a friend at the Leeds school of business (CU) that interned in Chicago in IB last summer. Leeds has many more connections in Denver than Chicago but having a 4.0 in a double major of Finance and Accounting you will have offers in many cities.