<p>yeah, I was actually looking for that first link but couldn't be bothered to find it. </p>
<p>I totally agree with Unalove's post though, wall street is the last place I want to be when i graduate (and would not factor into where I go to school) but then again I didn't used to think that way.</p>
<p>In regards to the top 5 schools....I would argue just going on pure number makes no sense. My friend at Harvard told me 60% of students move into banking/consulting after graduation. At U of C, that number is probably less than 20%, simply because many students have different goals. </p>
<p>Essentially, larger student body+larger interest in banking=higher raw number of hires (at least at these top schools). I still don't think there is going to be that much of a difference between Duke, Darth, and U of C. I would, again, advice the prospie to look beyond that fact and see which school they find the most appealing.</p>
<p>I went through the recruiting process and I am going to be working a top group at a BB this summer. I would argue that there are only two true supertargets: Harvard and Wharton. All of the other schools (in no particular order: Ivies, Caltech, Duke, MIT, Stanford, UChicago, NU, Georgetown, top publics, Stern) have more or less the same recruiting. The BB I'm working at recruits at only those schools and I am positive that other BBs look at similar schools. I put Harvard and Wharton in its own league because they get exclusive recruiting from some very heavy hitters like MoCo, Bessemer, Goldman Sachs PIA, and other prestigious names in IB/PE/VC/HF. Therefore, the difference between a school like Duke and UChicago is minimal and I would say negligible. </p>
<p>akx06 and unalove have the right idea. UChicago does not have the same representation on the Street in terms of sheer numbers because frankly they could care less about slaving away at a distressed debt desk (although Andrew Alper, UChicago alum, was one of the youngest guys ever to be a partner at GS). That does not mean, however, that the University is "less recruited."</p>
<p>
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There are MD's Analysts, associates etc. who post on that forum all of the time, so you're dead wrong.
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</p>
<p>Well, find me the specific thread on that site that has bunch of recruiters talking about the hierarchy. The link <em>you</em> provided wasn't one of them. Why do I need to do all the work? You made a claim and therefore the burden of proof is on you.</p>
<p>"My friend at Harvard told me 60% of students move into banking/consulting after graduation."</p>
<p>Whoa, that can't possibly be right. Maybe 60% of the students who get jobs through on-campus interviewing, or 60% of those who take full-time jobs (as opposed to going to grad school, fellowships, or travel). But not 60% of the graduating class.</p>
<p>If you want to do banking, Duke=Dartmouth and then Chicago is significantly behind both. U Chicago is not a great place for I-banking jobs directly out of undergrad and they don't place as well into MBA programs (which is a sign that students are not getting great pre-MBA positions).</p>
<p>I've heard, however, that McKinsey recruits EXTREMELY rigorously at U of C. That'd make sense, however, considering that the founder used to be a professor( i think) there.</p>
<p>S1's close friend had 5 IB/Consulting job offers at top firms in NY and Chicago by November of last year for September 2008. Chose one that paid a little less, but was less sweatshop like. Friend was told they loved Chicago students.</p>
<p>Total number of placements is a pretty awful way to assess whether a school gives you a good opportunity to pursue something. It's like Yale Law School's "low" placement numbers at big law firms. It's not that firms don't want graduates, but rather that graduates don't want the firms -- they have other goals.</p>
<p>That's true. When I was with a big firm, we interviewed students every year at Harvard and Penn, because we knew we could hire 7-10 people a year from each of them. We never interviewed at Yale, because at most we could hire one person every five years or so. That didn't mean that we weren't willing to pursue anyone at Yale who showed interest -- we absolutely were. It just didn't happen that often.</p>
<p>Unalove - outstanding post. What does a high school senior / prospective freshman "know" about i-banking anyway, other than it makes a lot of money? Duke, Chicago, Dartmouth can all take you where you need to go. Which environment has the best fit for you? That's SO more important than which one places into i-banking.</p>
<p>Unalove's question to Sam Lee: "if you were a recruiter (or an employer), would you see a difference between a Duke, Chicago, Dartmouth, Columbia, Northwestern grad simply from the name of the school? I wouldn't. I would probably search for more telling aspects on the resume and in recommendation letters and in interviews to help give me a sense of each applicant."</p>
<p>Of course not. The real world doesn't work like ambitious high school seniors think it does. All of the above schools equally provide the "stamp of smartness" and then it's up to the student and his or her own interpersonal skills to seal the deal and land the job. Only high school senior CC addicts think that employers are going to stare more at the name on the resume than at the actual person in front of them.</p>
<p>I had the exact same choice, had to think about it for a couple of weeks but in the end picked Dartmouth over the other two. All three of them are equally fantastic schools academically, but I think where you have to distinguish between them really is how you would fit in at each place.</p>