<p>Simply having a business program matters very little for bank recruiting. Most feeders do not have a business program and yet get significant attention from banks. On a per capital basis Cornell's recruitment numbers are not as good as say Dartmouth. As an example, even Dartmouth's history majors do well in recruiting which goes to show that a lack of a business curriculum doesn't really mean much. </p>
<p>Cornell, however, is very good and does very well as you have pointed out.</p>
<p>
[quote]
Simply having a business program matters very little for bank recruiting. Most feeders do not have a business program and yet get significant attention from banks. On a per capital basis Cornell's recruitment numbers are not as good as say Dartmouth. As an example, even Dartmouth's history majors do well in recruiting which goes to show that a lack of a business curriculum doesn't really mean much.
[/quote]
Indeed. Banks only care about the prestige of the school so whenever they meet an important client they could say "I'm so-and-so from (enter prestigious school), let us do the underwriting!" The client will probably only care about the name of the school then what you studied.</p>
<p>Also, having kids from non-business backgrounds adds some diversity to the mix. Being able to strike up a conversation with a client that doesn't have anything to do with WACC or a DCF is definitely an asset. The big banks have extensive training programs for a reason--they don't expect anyone to really know exactly how to be an analyst straight out of college. Whether people like it or not, your school's prestige matters a great deal. People can whine all they want about how its just a name on your diploma, but when push comes to shove, that name is a deal breaker.</p>
<p>These threads are always amusing. Alexandre went to Mich and is in love with Ross so he always puts Ross ahead of other schools such as Penn Columbia and Stanford. Harvardman goes to Cornell so of course he puts Cornell above some ivies and top publics. Mahras goes to Duke so he's going to argue that Duke should be in the top 10</p>
<p>So since prestige is such a significant factor, would Cornell's prestige > that of Northwestern's? Isn't it Cornell in that case?</p>
<p>This thread amuses me. Everyone can get into ibanking unless you are coming from a community college. Get a GPA around 3.8, take some leadership positions, intern, and network like hell. It's not easy, but it is possible. I have met countless individuals who graduated from schools like TCU or Texas State and are working as analysts in New York. Is it easier at a Wharton or Harvard compared to a state school or 2nd tier school? Absolutely, but it can be done. It is about self-motivation. Do you want it bad enough?</p>
<p>I used to think because I go to UT that I have only a slim chance making it to Wall Street. This is still true, but the slim chance is what you make it out to be. Network, get good grades, and you can make it.</p>
<p>^^that's a bit of stretch. your chances, even coming from a target, are slim. chances from a non-target are below slim. everyone claims to know someone (or "countless individuals") who break into banking from a non-target, but I think these stories are misleading. Maybe these guys are working in the back office at a bb, but I doubt that any IBD analyst at Goldman or MS (or any other BB) went to TCU or Texas State. No one here said it was not possible to get in from a non-target, but this is a thread titled "Feeder Schools" isn't it? I think your post should have gone in a different thread grandpabuzz.</p>
<p>These are my rankings</p>
<p>Harvard, Yale, Princeton, Wharton
MIT, Stanford, Columbia
Penn, Brown, Cornell, Dartmouth, Duke, Stern, Chicago, Ross, UVA, Haas</p>
<p>I like bipolarbear's list. Just put Stanford above with HYPW and Haas shouldn't belong on there (east cost bias for Wall Street.)</p>
<p>I'd add Northwestern to your bipolarbear's list. <a href="http://www.mmss.northwestern.edu/current_students/Internship%20Directory.pdf%5B/url%5D">http://www.mmss.northwestern.edu/current_students/Internship%20Directory.pdf</a> shows internships MMSS students had in the past few years. Considering the program has only 40 students a year and usually half go to graduate school, this is a very respectable list. </p>
<p>Major Employers for Northwestern grads – Graduating Class of 2005
Three or more students accepted positions with these firms. (source: NU UCS)</p>
<p>ABN AMRO
Accenture
Allstate Insurance Company
American Airlines, Inc.
Argonne National Laboratory
Bain & Company
Beghou Consulting
Booz Allen & Hamilton
Boston Consulting Group
Deloitte Consulting
DiamondCluster International
Epic Systems Corporation
General Electric
General Mills
Goldman Sachs
Harris Nesbitt
Hewitt Associates
Huron Consulting Group
IBM
JP Morgan Chase*
Kraft Foods
Lehman Brothers
L.E.K. Consulting
Marakon Associates
McKinsey & Company
McMaster-Carr Supply Company
Medtronic
Mercer Management Consulting
Merrill Lynch
Microsoft
Morgan Stanley
Morningstar, Inc.
Northern Trust Corporation
Northrop Grumman Corporation
Philips (Royal Philips Electronics)
PRTM (Pittiglio, Rabin, Todd, and McGrath)
Robert W. Baird & Company
SIG (Susquehanna International Group)
Starcom Worldwide
Stockamp & Associates
Target Corporation
William Blair & Company</p>
<p>Standford should be low on the list. Not because the banks don't want Stanford graduates, but because there are probably better things to do in the West coast. </p>
<p>Not everyone wants to go to an investment bank.</p>
<p>There still is a ton of kids there who head out to banks. The important thing is recruiting presence. I would rather go to a school where out of 500 kids 50 get spots than a school where out of 3000 kids 50 gets the spots. </p>
<p>This topic has been discussed ad nauseum in that banking oasis forum. Just do a thread search.</p>
<p>And replace UVa with NW and you have a pretty decent list although I still hold that Columbia would be on the Dart level than with say MIT (which is recruited out of the wazoo by prop/hedge/bank groups).</p>
<p>
[quote]
These threads are always amusing. Alexandre went to Mich and is in love with Ross so he always puts Ross ahead of other schools such as Penn Columbia and Stanford. Harvardman goes to Cornell so of course he puts Cornell above some ivies and top publics. Mahras goes to Duke so he's going to argue that Duke should be in the top 10
[/quote]
</p>
<p>I do not yet attend Duke but I will be in the fall. I just finished the college process and I had the opportunity to attend a bunch of the schools that are "targets". I did weigh that in my decision while selecting which school to attend even though I do not plan on being a banker (but their presence indicates that the career office does well and if I need to utilize the career office I will be in good shape). I tried to talk to the people who I knew in the industry and talked to current students about this as well. This is how I formulated my views on this subject.</p>
<p>hey, u got in duke with a 91 avg from bronx? thats very impressive...</p>
<p>92+ now. Got Brown, Cornell, NW, Emory, CMU-Tepper etc as well. Abysmal foreign language grades matter not (take that out and its a 94ish).</p>
<p>BTW as for the Lehman thing at Cornell, you do mean Citi right? Citi has top notch recruiting at Cornell (more noteworthy than Lehman at least).</p>
<p>What about Notre Dame?</p>
<p>Notre Dame definitely attracts IBanks. Goldman Sachs, Morgan Stanley and Citigroup all activelly recruit at Notre Dame.</p>
<p>Take a look at this. I know its a little out dated, and talking about MBA's but still interesting.</p>
<p>Caution: the results exclude schools that listed top employers but did not specify the number of hires.</p>