Duke on Wall Street?

<p>Is Duke as well represented on Wall Street as counterparts like Penn, Columbia, Northwestern, Georgetown, Dartmouth etc.?</p>

<p>Wall Street is perhaps just one of the stereotypical parameters for measurement of employment. What I want to know if an Econ major at Duke will be a good investment for a carer in IBanking/Consultancy?</p>

<p>Also, I want to know, how does an Econ degree compare to a business degree provided by one of these undergrad b-schools(like Wharton, Stern, and likewise)?</p>

<p>In my opinion, Duke is one of the top ibanking schools. Duke is not targeted as much as say, Harvard or Wharton, but is definitely a target school. Assuming that one has a decent GPA, of course.</p>

<p>As far as how is compares to other undergrad b-schools, I do not know; it really depends on the school.</p>

<p>Duke is very strong at recruiting. You can’t go wrong with Duke, its one of the top feeder schools into IB and consulting.</p>

<p>Duke is strong in IB but no longer holds its own on Wall Street in finance or other areas relative to the other mentioned schools.</p>

<p>^^ lol .</p>

<p>IB wise, Duke recruits phenomenally well. Easily in the second tier.</p>

<p>T1: Harvard, Wharton, Princeton</p>

<p>T2: Dartmouth, Duke, Williams</p>

<p>T3: Columbia, Penn CAS, Northwestern, Stanford, Yale, Sloan</p>

<p>and honestly, McDonough is one of the most overrated programs in the country. not that great outside of dc.</p>

<p>[Top</a> Undergraduate Business Programs 2010 - BusinessWeek](<a href=“Bloomberg - Are you a robot?”>Businessweek - Bloomberg)</p>

<p>Are you kidding me? Do you actually believe your “tiers” with Duke ahead of Stanford and Northwestern and on par with Dartmouth? Are we talking about Wall Street in Durham? Despite what rankings and you say, Georgetown is always among the top 5 feeder schools for undergraduates in all of the major Wall Street (the real one) firms and banks. Your rankings are as dubious as BusinessWeek’s–you and BusinessWeek must know something that the real Wall Street doesn’t–Notre Dame, BC, Richmond, Miami U, BYU, Villanova----yeah, those are truly the best undergraduate business schools…almost as good as Duke’s (oh, that’s right, Duke doesn’t have an undergraduate business school…).</p>

<p>Haha, if you knew anything about anything, you’d know that last sentence isn’t even an insult.</p>

<p>Dear hoyasaxa,</p>

<p>You are a ■■■■■■: <a href=“http://www.wsjclassroomedition.com/pdfs/wsj_college_092503.pdf[/url]”>http://www.wsjclassroomedition.com/pdfs/wsj_college_092503.pdf&lt;/a&gt;&lt;/p&gt;

<p>Thank you.</p>

<p>P.S. Harvard doesn’t have an undergraduate business school. You’re right, it must be terrible on wall street.</p>

<p>Having worked in investment banking for a few years I can say that Duke has pretty average represented in the major offices - NYC, London, SF, LA, Chicago (this is just for IBD…I’m not including S&T, Ops, etc. as I honestly didnt interact too much or knew that many people in these groups). </p>

<p>It is on the same level as schools like USC, UCLA, Berkeley, Rice, Northwestern, Georgetown, etc. </p>

<p>If you are dead set on IBD and want to make you’re life easier in terms of recruiting try Harvard, Princeton, Yale, Wharton (not Penn CAS), Stanford, etc. </p>

<p>Will you be able to get a job in IBD coming from Duke? Yes…
Will it be harder to land a job than going to any of the above schools? Yes…</p>

<p>Hoyasaxa - Georgetown is definitely not in the top 5 for major “real” wall street firms…</p>

<p>Not in IBD in NYC, Chicago, SF, LA, or Houston…at least. </p>

<p>So out of my close group of friends in college all of us ended up at different top firms in IBD: GS (NYC), CS (LA), Evercore (NYC), Moelis (LA), Lazard (NYC), UBS (Houston), MS (Bay Area), Merrill (Bay Area)</p>

<p>At least out of our class G’town wasn’t even in the top 10 for any of these…just saying.</p>

<p>

From what I understand of IB/consulting/etc. placement:
[ul][<em>]Not as good as Penn-Wharton
[</em>]As good as Columbia/Dartmouth
[<em>]As good as or maybe better than Penn-NotWharton (debatable)
[</em>]Better than Georgetown/Northwestern[/ul]</p>

<p>Except for TFA, the companies employing the most Duke '10 grads are Goldman Sachs, Morgan Stanley, Bank of America/Merrill Lynch, Accenture, Google, and Deutsche Bank (in that order). For Duke '09, the order was Morgan Stanley, Bank of America, Goldman Sachs, ExxonMobile, The Boston Consulting Group, Barclays Capital, and Microsoft.</p>

<p>Over 25% of Duke grads go into banking/finance, and NYC is annually the most popular destination after graduation (DC is a close second).</p>

<p>All of my econ major friends and a few others besides had nice jobs in NYC by graduation…I’ve sometimes rued my choice of major when figuring out how to live on a graduate stipend. ;)</p>

<p>

Out of curiosity, what bank do you work at? I’m pretty sure Duke does better than Yale in IBD recruitment from what I’ve seen. Duke is an extremely strong target; I think it places better at Merrill and Morgan Stanley than Wharton or did a couple of years back. This year, Duke was the most represented school at RBS and the 2nd most represented school at Goldman Sachs with regards to firmwide representation in all divisions this summer (I saw the intern lists for both companies through friends).</p>

<p>If you work at Credit Suisse, then I can see where you got the idea that Duke is an “average” school at IBD since it’s the only bulge bracket that doesn’t recruit here and the grads who work there from Duke get the job outside OCR.</p>

<p>I’d rather not say what bank I worked at (since you could probably figure out who i am based on other posts) but I listed it within the ones i listed for my friends and I. </p>

<p>I can see your point about yale particularly at some of BB firms but they actually tend to do well at the prestigious boutiques (lazard, perella, greenhill, evercore, moelis, etc.). With regards to Duke at ML and MS, at least back in my year having talked to my friends about their classes duke wasnt that well represented. Maybe things have changed but 2-3 years ago that was my experience. Regarding GS the only stats i remember were that Penn (mainly b/c of wharton) was the most represented school across all divisions and also within IBD…I didnt know that CS didnt recruit on campus…</p>

<p>hoyasaxa, can you please go away and never come back again? Your posts are worthless and always negative. You contribute absolutely nothing to the Duke board. I don’t care how smart you are or what Duke did to you; you are simply a ■■■■■. Please do not type some long and eloquent response to this lamenting how every single person at Duke is homophobic and racist; or how Duke is an overrated school. Please do not try to psychoanalyze this post, and suddenly come up with the absurd realization that I have some sort of inferiority complex.</p>

<p>I am sure I am not the only person who feels this way.</p>

<p>Nope, Deter, you are not. I completely agree.</p>

<p>Hoya, you honestly must have no life if you really find the need to keep ■■■■■■■■ Duke’s threads. No one is holding anything against you for not liking Duke - everyone is entitled to their own opinion. But it seems like you are still bitter about your choice to transfer or something because you keep bringing it up and bashing Duke. Or maybe you just dont want anyone else to be happy or enjoy Duke just because you dont. Just move on with your life. Seriously.</p>

<p>

That’s the dumbest thing I’ve ever heard. Duke doesn’t place well at all at Merrill comparatively speaking, especially compared to Wharton</p>

<p>

The difference between me and you is that I can back up my statements with logic and objectivity while all you do is spew garbage.</p>

<p>[Duke</a> University | Student Affairs | Career Center | Senior Exit Survey Results for Undergraduates](<a href=“Duke Student Affairs”>Duke Student Affairs)</p>

<p>BoA Merrill, along with Morgan Stanley and Goldman Sachs (the top 2 BBs), are perennial top 5 employers at Duke. They pick up anywhere from 10-25 kids from here each year for Full Time FRONT OFFICE positions. I know for a fact that Duke had the 2nd highest firmwide representation at Goldman Sachs behind Harvard this summer from the official intern list.</p>

<p>Now go back to your non-target school and wallow in your insecurities please and leave this board.</p>