<p>I keep hearing that Cornell undergrads/grads have a pretty slim chance of getting into IB on Wall Street, is this really true?
How does Brown and Dartmouth compare?</p>
<p>Completely false about Cornell. My daughter is a summer analyst in trading at a big BB this summer. There are many other Cornell analysts there this summer in IB, trading, etc. She has a Cornell grad mentor. The Cornell group (current Cornell grad employees and Cornell summer analysts) meet for lunch and networking. (All of the schools that have a high percentage of employees and summer analysts do this.) She also has Cornell friends interning in IB at other companies this summer.</p>
<p>She interned at another BB last summer. It was a back office position which she applied for, but the BB was also recruiting for IB, S & T, etc. Again, there were many Cornell grads working there in all areas and there were many networking opportunities.</p>
<p>Goldman Sachs, JPMorgan, Morgan Stanley all recruit on Cornell’s campus every year. Lehman and BearSterns used to. </p>
<p>Being at Cornell will not prevent you from working in IB. Your gpa and personality could, however. That is up to you.</p>
<p>Thank you for the info. </p>
<p>May I ask what collage/major at Cornell do you think I should go into for IB?</p>
<p>That is up to you. But I think that showing you can do the hard stuff is important. My d has taken courses in econ, stats, fin, calc and is a minor in “information science”, ie computer science.</p>
<p>Work hard, get a very high gpa in hard stuff and have an outgoing (but not annoying) personality. Have good ec’s. My d is working next to Yale and Harvard interns. I just got a text that she spent the day in Coney Island w/ one of her fellow interns. He is from Yale.</p>
<p>cornell is fine. i think its the most represented school at goldman (at least it seemed that way when i interned there, though keep in mind that they are by a pretty big margin the largest ivy undergrad). strictly for ib recruiting dartmouth is probably better, and brown (where i go) is probably worse. however, brown does very well with goldman, just not as well with the other bb’s. goldman is the number one employer of brown grads</p>
<p>Dartmouth
Cornell/Brown</p>
<p>My D is also at Cornell. A friend (a Hotelie) is interning at Goldman this summer, another friend just started at CS as an analyst. She is doing a work study program at a BB in Sydney, rotating through all front offices, while she is studying abroad this semester. It’ll be interesting to see if she’ll find her calling.</p>
<p>I agree. My brother went to Dartmouth and he got a job at Goldman. His experience was that Dartmouth is amazing for banking (almost HYP level), but Cornell and Brown (where I am going) still do very well.</p>
<p>how well does ilr place in ibanks specifically the bb’s?</p>
<p>I am not sure about ILR. Both people I mentioned above are Hotelies, which I was surprised at first. But in speaking with them, it appears many students in Hotel schools focus on business courses. Hotel school offers a lot of business related courses that apply to hospitality services - finance, accounting…My daughter is a math/econ major(s), but she is taking a few finance courses in AEM and Hotel to demonstrate interest and ability. You may want to do the same. I have read some recruiting posts on Cornell’s website, and they don’t seem to restrict it to any particular school.</p>
<p>D is in ILR. But see above for her elective courses. Having a 3.9 doesn’t hurt either.</p>
<p>ok thank you</p>
<p>edit- to oldfort and morrismm</p>
<p>What kind of GPA does a person need to get into Ibanking or S&T at a BB from cornell? Would a 3.6 in operations research engineering (orie) be fine? Do BB’s realize that getting a high gpa in engineering is more difficult than getting a high gpa in majors like AEM or ILR? or do they not discriminate in that sense?</p>
<p>^Haha, the engineers I know make fun of ORIE because it is nowhere near as difficult as chem or mech. But regardless, a 3.6 is good enough to at least give you a shot.</p>
<p>
</p>
<p>I agree with you 100% that it’s not as difficult as chem or mech. I was an electrical engineer until I decided to switch (which is why my gpa is a little lower than it should be). But regardless, getting good grades in OR is harder than getting good grades in ILR or AEM (you still have to be very good at math to do well in OR).</p>
<p>Hey I was wondering which program is better for investment banking from cornell?
the AEM program or just economics from CAS? and could someone please explain what the difference is and what they primarily focus on?</p>
<p>Cornell is the number 3 school at Goldman Sachs and has the second largest number of alums only behind Penn…i am interning there this summer within Securities Sales and Trading. </p>
<p>This summer within Sales and Trading the only school that has more students than Cornell is Penn and Duke.</p>
<p>BTW Dartmouth is not well represented at all and either is Columbia, they only have 2 each while Penn has 12, Duke has 11, and Cornell has 10 people out of a class of 120 within the Securities Sales and Trading Program. </p>
<p>Top 8 in order of representation, straight from the GS internbook.</p>
<ol>
<li>UPenn (12)</li>
<li>Duke (11)</li>
<li>Cornell (10)</li>
<li>Harvard (9)</li>
<li>Princeton (6)</li>
<li>Yale (6)</li>
<li>Boston College (5)</li>
<li>Stanford (5)</li>
</ol>
<p>hey ix, thanks for the info. are those numbers just for s&t rotational? would you mind breaking down the representation for the “placed” interns if you’ve got it?</p>
<p>Thanks so much for the info, it helps alot. By the way, may I ask what major are you studying at Cornell right now? and I would like the answer to shruggingsheep’s question too… </p>
<p>Also, how come U of Chicago is not on the list?
And does anyone know any other statistics on other banks?</p>
<p>Keep in mind, Cornell has 13,000+ students, a lot more than other schools.</p>