<p>People should also realize that the number of students from a particular school at an IB doesn't mean that you have a better shot at landing an internship or job just because you went to that school. One reason why Wharton grads are so represented is that Wharton is a business school, and the vast majority of undergrads there have already made up their minds that they want to go into finance.</p>
<p>The differences are so negligible that you really should pick based on fit. </p>
<p>Dartmouth- gives you an advantage with their D plan
MIT- great quant preparation, obviously a very respected school for its rigorous curriculum. Only school listed with an undergrad business program(sloan), so if you're interested in that, then MIT might be the choice.
Duke- Always heard that Duke and Dartmouth are very similar in terms of recruitment.
Yale- will give you the overall. Friend who goes there (and will be looking for a FT offer next year) told me that though Yale doesn't send as many people as say, a Princeton, Wharton, or Harvard to Wall Street every year, that doesn't necessarily mean that the school is any less recruited. Just that interest level is much lower there (I'm sure that there are a ton of pre-law kids at Yale).</p>
<p>So, just go where you want to go, work hard, and enjoy school.</p>
<p>
[quote]
And yeah, when I say Yale's placement is poor, I mean relative to a top tier target (Yale had 2-3 analysts in my class, Dartmouth had >7 for example).
[/quote]
In YOUR class perhaps. Yale places wells at other banks, far better than many of the others. Don't be so quick to extrapolate anecdotal data.</p>
<p>colt45, no it doesn't, you don't know what you are talking about, sorry. Yale places well. Not as good as Duke or Dartmouth at any BB. And my BB is one of the top 4-5 (arguably top 2), which takes in huge classes (no, not Citi). </p>
<p>Ask anyone at any BB (I've been at 1, have friends at others, blah blah blah I know things since I've done them) about Yale's placement. </p>
<p>There are only 6-7 BB's so its not hard to know people at every firm if you are in the industry,</p>
<p>This topic is horrible they are all amazing schools. Anyway, the OP is assuming he has access to an education at all these institutions. The first step is getting in...</p>
<p>"colt45, no it doesn't, you don't know what you are talking about, sorry. Yale places well. Not as good as Duke or Dartmouth at any BB. And my BB is one of the top 4-5 (arguably top 2), which takes in huge classes (no, not Citi)."</p>
<p>I was an IB analyst at a BB and we had the same number from Yale as Dartmouth and having been in the industry much longer than you have never heard of it as any universal truth that Dartmouth does better than Yale (and I like Dartmouth much more as a school, so it's not like I'm biased here). A quick check on Bloomberg profiles for the top eight IBs shows a slightly larger presence of Yale grads than Dartmouth grads even after adjusting for class size differences, so I would surmise that thethoughtprocess is the one that doesn't know what he is talking about; not to mention the most important point that no one is going to be at a disadvantage going into IB by going to Yale instead of Dartmouth.</p>
<p>"A quick check on Bloomberg profiles for the top eight IBs shows a slightly larger presence of Yale grads than Dartmouth grads even after adjusting for class size differences"</p>
<p>The data I got from Vault show it's the other way around. Anyway, it really depends on the individual at that level. No one school is better than another.</p>
<p>LOL @ attempting to refute Bloomberg by citing Vault, of all organisations... wow.</p>
<p>The truth is they are all good. I think that is apparent.</p>
<p>Vault is well respected. Nobody says Bloomberg is always right. I thought a LSE grad should know this.</p>
<p>Or nauru, perhaps you field is political science at LSE.</p>
<p>could you guys post some of this bloomberg profile stuff? i hear you need a subscription for it.</p>
<p>If you assume the top 10 IBs are Goldman Sachs, Morgan Stanley, Merrill Lynch, Credit Suisse, Citigroup, Lehman Brothers, UBS, JP Morgan, Deutsche Bank, Banc of America, a quick run-through on Bloomberg profiles shows Yale has on average 35 grads at each of these places vs Dartmouth having 20 grads at each of these places and for every firm except Deutsche Bank there were over 18% more people from Yale than Dartmouth (if Yale has 1300 per class and Dartmouth 1100 per class for comparison purposes; 1300/1100=1.18). </p>
<p>However, there are a few caveats, but wouldn't think it's enough to dispel the general message. One, not eveyone on Bloomberg registers what their education background is, but don't see why this would be more biased for Yale than Dartmouth. Two, without tedious effort that I'm not about to conduct, one can't make the distinction between a BA or MBA from Yale or Dartmouth without closer inspection, but since Dartmouth has a more renowned MBA program than Yale, if anything, this should cause the numbers to be more skewed in Dartmouth's favor. Three, junior bankers aren't likely to be registered with Bloomberg, so this would only be able to measure more senior bankers/other Wall St positions from one school vs another, but still don't see why this should disrupt the integrity of the Yale/Dartmouth ratio.</p>
<p>Again, I personally liked the idea of going to school at Dartmouth much more, but think it's disingenuine to imply that an aspiring investment banker has a better chance of getting into the industry by going to Dartmouth over Yale.</p>
<p>Could you possibly post the top schools represented and the numbers?</p>
<p>"a quick run-through on Bloomberg profiles shows Yale has on average 35 grads at each of these places vs Dartmouth having 20 grads at each of these places"</p>
<p>Samples as small as these can demonstrate nothing. It's not valid to insinuate that undergrads at Yale has better chances at BB than undergrads at Dartmouth and MIT. Yale has neither the environment nor the network to provide better opportunities for its undergrads aspiring for BB.</p>
<p>This isn't a small sample. There are 353 Yale grads and 204 Dartmouth grads at these 10 firms according to Bloomberg, which is only a fraction of the total number actually at each place. I'm not necessarily trying to say someone from Yale has a better chance for IB, although they probably will have less competition and someone from Yale is, on average a little smarter. However, I think it's ridiculous to say someone from Yale has a worse chance. </p>
<p>How is the Dartmouth 'environment' better for IB? That's seems like a meaningless statement to me. Being more of a drunken partier does not make one a better interviewer or have more interest in finance and neither school as far as I know has any UG courses in business. Alumni network matters when the firm doesn't already recruit on campus or when someone is not applying through a formal process, but not in the case of college seniors applying to any of these 10 firms from either of these two schools when they already all interview on campus. Yale has more grads than MIT at 8/10 firms and an overall advantage of 353-300; so how is MIT providing better opportunities for IB?</p>
<p>"his isn't a small sample. There are 353 Yale grads and 204 Dartmouth grads at these 10 firms according to Bloomberg"</p>
<p>gellino
Wow, that's some big numbers you got there. 557 Yale and Dartmouth grads accounted for at the top 10 i-banks. What a joke. This data has no significance at all. More elite NYC i-banks interview on Dartmouth's campus (5/7) compared with Yale's (4/7). In addition, Dartmouth students have access to internship opportunities year round. They, unlike Yalies, don't have to compete with students from Harvard, Wharton, and Princeton during the summer. MIT offers integration of technology and business unmatched by any school in the world. I-banks are always in need of those tech/biz grads.</p>
<p>How is that a joke? What do you consider the top seven firms? I can't believe all seven don't recruit at both schools, but the fact that Dartmouth has one more than Yale doesn't mean anything. There are certainly more than enough Yale grads to effectively network. </p>
<p>Dartmouth students still have to compete with all other schools for junior Summer jobs, which is the single most important time period for getting a job. I have worked in the industry for many years and am very pro-Dartmouth and have never heard anyone claim this once. I mean if you look at the site most similar to this (derived from PR) they are always mocking what a bad school Dartmouth is and that board is certainly IB heavy.</p>
<p>"someone from Yale is, on average a little smarter."</p>
<p>gellino,
What make you think Yalies are smarter on average? Is your opinion based on average SAT scores or on admissions rate? If so, Princetonians would be less smart than Yalies on average, yet Princetonians still do much better than Yalies when it comes to IB.
I'm objective comparing to many people on this site or other sites such as WallStreetOasis. You can find people claiming that Yale is at a tier below Dartmouth when it comes to IB. I'm sotating that at Dartmuth and Yale are on the same level, and it comes down to an individual's stats at that level.</p>
<p>Princeton and Yale SAT are closer than Yale and Dartmouth. I think it's deceiving to say that Princeton does better than Yale at IB. It's just the type of student who would be interested in IB is more attracted to Princeton than Yale and so it becomes a self-fulfilling prophesy. The same student choosing Princeton over Yale may be more likely to go into IB (or finance in general) because that is what more of his peers around him are doing. However, pretty much any student at Princeton or Yale who has over a 3.0 GPA that is interested in getting a job in IB, most likely will. WallStOasis either didn't exist when I was an analyst or I didn't know about it; so haven't seen any of the biases that exist there. I do generally agree that it makes no difference what is the #4 school in IB representation vs the #7 school that it will completely be based on the person whether or not the job is attained.</p>