Feeder Schools

<p>That's qite right Sam, I was wondering where Harvard and Stanford were hiding.</p>

<p>Besides, this is for MBA hires. Brown and Princeton don't have MBA programs and they are very highly recruited and Yale, which has a good but not great MBA program, is also very highly recruited at the undergraduate level.</p>

<p>I also wonder how accurate those numbers are. According to Northwestern's employment stats, McKinsey hired 54 MBAs from NU, not 38; Goldman Sachs hired 7, not 0, and Lehman Brothers hired 6, not 0. Of course, I was wondering where Harvard was just like you did when I first saw it.</p>

<p>Columbia looks very good, second only to Wharton. So, who cares that Columbia is ranked #2 or #9 in what magazine.</p>

<p>i'm wondering if there is a difference between HYPW. are there job opportunities available to students at some of these schools that are not open to students at the others?</p>

<p>maybe Wharton and Harvard. Princeton is on par with the other school and Yale is just meh.</p>

<p>No, I don't think any firm would be totally rigid on who comes from where, but the most selective firms only have several target schools. Lazard, on par with Goldman Sachs in my opinion, only gives presentations at Columbia, Harvard, Mich, Princeton, UVA, Wharton, and Yale. Blackstone apparently primarily from Harvard, Wharton, UVA, Columbia, but mostly from Harvard and Wharton. So it's not like it's impossible, but if you're on the select list then you have a much bigger advantage.</p>

<p>I thought Lazard recruited at McGill? </p>

<p>Anyways, hows Tufts and its ability to attract recruiters? For MC, McKinsey recruits there according to their website so I figured it can't be too bad. Also Boston houses a lot of MC firms.</p>

<p>It seems the most important point is the percentage of students from a particular university (or school with a university) that want to go into I-Banking that actually get into I-Banking.</p>

<p>As a Ross student at Michigan, I know that a lot more students want to go into I-Banking than at UM in general. So, you start out with apples and oranges. Also, some employers... say, Goldman... may prefer a UM Econ. major over a Ross student... but JP Morgan, for example, may prefer Ross students.</p>

<p>Does anyone know the specifics then? Like Citibank and JP Morgan... do they like to recruit more econ or business majors from ivies and other top programs?</p>

<p>how well will something like the Biz. Econ. track in COE (Commerce, Organisation, and Enterprise) do in bulge-bracket recruiting? a lot of people are saying i should gun for Wharton/Columbia/Stern/etc if i want to do i-banking afterwards, but i thought if the brown degree does just as well, the laidback chill experience there would be too much of a sacrifice.</p>

<p>Brown definitely does very well in attracting major IBanks. Any top university like Amherst, Brown, Chicago, Dartmouth, Duke, Harvard, Princeton, Stanford and Yale to name a few, attract many IBanks and place many of their students into them.</p>

<p>where are princeton, harvard and stern on that list?</p>

<p>Dartmouth has fewer students than Columbia, 4100 vs 6900. In terms of per-capita, Dartmouth does just as well, if not better, compared to Columbia in ib and consulting. Brown has fewer number of undergrads going to Wall Street to do ib; probably because Brown undergrads are less interested in business and more interested in law. There seems to be a lot fewer UChicago undergrads on Wall Street (compared to Dartmouth, Columbia, and Duke); I would assume that’s because UChicago students are more interested in academic pursuits.</p>

<p>bipolarbear - Blackstone primarily recruits from Harvard and Wharton; it also recruits at Princeton, Yale, and Dartmouth (in addition to H and W).</p>

<p>On a per capita basis, top feeders for Wall Street are generally Harvard (around 50% goes into ib and consulting), Princeton (close to Harvard’s percentage), Dartmouth (which explains why its alums are so rich), Duke (percentage has been increasing since early 1990s), Williams (very business oriented lac), Columbia, and Stanford. Wharton is in a class on its own in terms of percentage of students going on Wall Street because it’s a business school.</p>

<p>As many times as you’ve heard this: there really is more to finance than Wall Street.</p>

<p>McCombs at U Texas sends about 15% of BHP students and 8% of iMPA students to NYC each year. It’s not because they couldn’t have sent more, it’s because NYC is simply so expensive that, even if your starting salary is $10 or $20k more than it would be in Texas, you’ll still have a much lower standard of living.</p>

<p>I talked with some alums who work for Deloitte in Dallas and they said the couple of people who did go to NYC either did move back or want to move back to Texas.</p>

<p>I’ve talked with dozens of current McCombs BHP students who consider an office in Austin or Texas the screening process for deciding which companies they would want to work for.</p>

<p>A lot more students from McCombs go into Investment Banking or Consulting than go to NYC. For example, they can trade energy in Houston for the same or nearly the same pay with a much lower cost of living.</p>

<p>Bain has an office in Dallas.
Goldman Sachs, BCG and McKinsey have offices in Houston and Dallas
J.P Morgan Chase and Deloitte have offices in Houston, Dallas and Austin
PWC has offices in Houston, Dallas, Austin and Fort Worth
KPMG and Earnst & Young have offices in Houston, Dallas, Austin, San Antonio and Fort Worth</p>

<p>These offices are the reason McCombs is so under-represented on Wall Street. Basically, staying in Texas is choosing 6000 sq ft houses for the price of 600 sq ft NYC apartments and choosing driving a BMW to work over riding the train.</p>

<p>I know it’s worth the expense to some people, and NYC is a cool place, but really it’s not everything. Also, guy from UNC, you shouldn’t be worried.</p>

<p>In response to two posts above this one: UChicago is probably under-represented on Wall Street because Chicago itself is a great city with a lot of great jobs.</p>

<p>Anyone know how USC Marshall does? I generally get the feeling that most people wish to stay in CA, but for those who leave, are there prospects decent? Or will they always be viewed lower than all these top notch east coast schools?</p>