Can Wharton undergrads still get a job in investment banking?

Career Opportunities & Internships Investment Banking
1

<p>Hey guys!</p>

<p>I'm a high school senior who just got admitted to the dual degree program at Penn where I get to work on my degrees from both Wharton and the college. My back up for this program was actually the college, not Wharton, and I'll most likely become a Pre-med student if I go to any other school. I never thought about banking until two weeks ago when I got accepted to this program at Penn. I realized how attractive this field is and that my personality probably fits banking more. Since Wharton takes about 400~500 kids every year, with the MBAs from Wharton, Harvard, and other top schools, is it still possible for Wharton undergraduates to get a job in investment banking(at a top investment bank like Goldman Sachs) in an economy like this?
Also, if any of you are in investment banking now, do you think it's necessary to get a MBA after Wharton?<br>
Will a Wharton undergrad degree give an analyst more chance to become an associate or you really need a MBA?</p>

2

<p>There are still jobs and fewer and fewer are getting an MBA.</p>

3

<p>Once you are an analyst, no one really cares where you went to school other than for networking. Likely if you stick around and want to become an associate (which not many people do) its because you are good at what you do and not because you went to Wharton. Generally people do a 2-3 year stint and then try to move to PE/HF/VC etc, (though positions are drying up) but you are often given an option to stick around if you want (and if the firm wants you to).</p>

<p>If you are top of your class at any target, you can land a job. Wharton included. </p>

<p>Also if you mean an MBA immediately after undergrad, forget about it. It would be next to impossible to get into any program that would be worthwhile, you need work experience first.</p>