Duke for Investment Banking

<p>I'm interested in investment banking and I'm wondering how Duke compares to other schools (Harvard, Princeton, Wharton, etc.) in this field concerning alumni network, internship opportunities, etc.</p>

<p>Chance me for RD while you're at it.</p>

<p>White/Asian
2320 SAT
770 USH SAT II
760 Math II SAT II
2/143 Rank
Average ECs
Letter of Rec. from alumni doctor</p>

<p>General consensus of i-banking recruiting is as follows. Some people would have it slightly different. Note that some of these schools (e.g. Yale, UChicago) are among the best economics programs in the world, but aren’t seen as the very top for i-banking recruiting for various reasons (alumni presence on Wall St, focus on churning out PhD economists to work in academia, etc.).</p>

<p>Super top targets: Harvard, Wharton, Stanford, Princeton
Top targets: Duke, Dartmouth, MIT, Brown, Columbia, Yale, UPenn CAS, Cornell
Targets: Georgetown, UChicago, NYU, Michigan, UVa, Northwestern, Williams, etc.</p>

<p>Duke is usually seen among the top 7 most represented (below the top 4, and about equal with Dartmouth and MIT).</p>

<p>You have a good chance…I mean, your stats certainly make you a competitive applicant.</p>

<p>Agreed. Duke has plenty of opportunities if you’re interested in banking. Just last week UBS was here (for the finals of their case competition), Deutsche Bank had two events, and JP Morgan was here a few weeks before that. And this is before more formal internship recruitment happens in January/February when pretty much every bulge bracket has info sessions and other events.</p>

<p>What major do you suggest?</p>

<p>And Trinity or Pratt?</p>

<p>Generally, trinity kids go into finance. Engineers can too though - pratt is a very interdisciplinary school</p>

<p>

</p>

<p>I really want to get into Duke, but was planning on apply to Pratt.</p>

<p>Should I apply to Trinity instead?</p>

<p>Okay duke is a great school and can open doors and youll get job offers out of college and what not but according to business rankings duke is not even ranked. Duke is a good feeder school, and of course just a great school except for basketball of course (go tarheels!) tight net school, not sure on networking since it isn’t all that big and a crappy city. Georgetown does not have good job placement at all for business majors, GWU has better job placement then Georgetown as well. Your stats look good, I know a grip of ppl that go there</p>

<p>

</p>

<p>That’s because Duke doesn’t have an undergraduate business major…But firms don’t really care. Duke places very well.</p>

<p>Typically, the most coveted applicants for finance/i-banking are engineering/economics double majors, which is actually a fairly popular combination. It’s certainly not easy, but if you do well, you will be a highly desirable candidate. In that case, you apply and enroll in Pratt. If you want to do engineering, do it. They will think highly of you as you have to demonstrate strong analytical skills to do well. If you don’t want to do engineering, don’t. Firms don’t really care that much as long as you demonstrate success and a particular skillset; you should do what you enjoy …</p>

<p>Ohhh okay so that makes sense why many ivies aren’t ranked for business either, right?</p>

<p>^exactly (10char)</p>

<p>I could hear the sound of the lightbulb coming on above rcwhite’s head from a mile away lol.</p>

<p>A boatload of Duke kids plan on going into I-banking. </p>

<p>Also, there’s currently not a “Finance” major/minor at Duke, but they are developing it right now. As in, it’ll probably be put in place during your time here. Currently, a lot of hardcore students major in something like Econ and then get the MMS certificate (Markets and Management Studies), but I-banks care less about your major and more about your ability.</p>

<p>I always thought graduate school/mba played a more important factor in ibank recruiting than did undergrad. Am I mistaken?</p>

<p>^ You start working as an I-Banker (analyst) straight out of UG. You work your butt off for two years in New York, then apply to B-schools, get your MBA, and then RE-apply to banks for mid-level positions. </p>

<p>You can’t even get into business school without significant work experience.</p>

<p>Obviously, undergrad prestige matters a lot. The majority of quality banks don’t even recruit below the top 20 or so.</p>