<p>Slipper’s list looks great. LSE is like the equivalent of Wharton in Europe. However, LSE won’t help you much in the US, since banks on Wall Street have schools they like to take tons of people out of (HPW, Dartmouth, Stanford, etc.).</p>
<p>“The Investment Banking Workshop class of 2011 at Indiana-Kelley has nine of their 29 members heading for J.P. Morgan.” - I believe this thread is about front office recruitment. The link doesn’t specify which department they are going into. You are making a very shaky assumption if you assume that they are going to do IB or S&T at JPM simply because they were in the IB club at IU.</p>
<p>Of the 29 people in the IB workshop, 28 are in IB (either product groups or industry groups), except for one who is in TAS. So yes, that is a very solid assumption.</p>
<p>“Of the 29 people in the IB workshop, 28 are in IB (either product groups or industry groups), except for one who is in TAS. So yes, that is a very solid assumption.”</p>
<p>Sorry, I misread. I thought 29 went into JPM IB. My bad. 9 is a good number. How can 28 get into JPM IB when 9 is heading to JPM.</p>
<p>Indiana-Kelley is a top business school with brilliant students and would likely be well recruited in the Mid-West. As I mentioned earlier a lot of schools have regional recruitment. Schools in the NE benefit a lot from their location though not being greatly better IMO.</p>
<p>LSE is definitely a uni recruiting target in UK with Oxbridge. Keep in mind though that many (if not most) UK hires come from some sort of graduate program.</p>
<p>I completely agree with oldfort’s comment (#5)…nailed it. </p>
<p>Also lets define something first …when you mean “IB” do you mean the investment banking division (IBD) of an investment bank or do you also mean to include S&T, back-office, private wealth, etc?</p>
<p>If we just look purely at IBD…based on my what I’ve seen at the places ive worked and where my buddies have worked I would rank the schools in the following tiers by total number of analysts hired into IBD (FYI since I’m doing US i’ll exclude LSE): </p>
<p>U of Chicago
Duke
UVA
Georgetown SFS and non SFS</p>
<p>UCLA
Carnegie Mellon</p>
<p>JHU
Washington Univ.
Rice
Emory
NYU (not Stern)</p>
<p>Obviously there are some caveats to this list…for example: Rice, although it is in a pretty low tier, represents a sizeable % of analyst classes for Houston IBD offices. UCLA has good representation in LA offices (so does USC btw)…</p>
<p>Yeah I’d rather enjoy the American college experience and go to UK’s academia for grad work. Sounds good to me.</p>
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<p>Honestly, I haven’t enlightened myself enough to get to know those types of more specifics about IB. I honestly would just generalize all of IB.</p>
<p>So most investment banks have a variety of different divisions/groups which ill define very generally:</p>
<p>Investment Banking Division (IBD): This is what most people generally refer to…they do things like M&A, IPOs, etc.
Sales & Trading (S&T): Sit on a trading floor and do proprietary trading or execute trades for clients.
Private Wealth Management: Manage rich people’s $$
Back-Office: Support various aspects of the bank’s operations from IT stuff to compliance, etc. </p>
<p>All of these jobs are extremely different and have varying levels of prestige…the most prestigious being IBD and S&T. These are the “sexy” jobs that when most people say they want to do banking refer to.</p>
<p>Though what about when like Goldman Sachs publishes reports like the Next-11 and the BRIC economies. Who prepares and makes those? I’d kind of be more interested in something like that rather than the usual IB stuff (like the other smaller ‘fields’ you mentioned).</p>
<p>Or is that just something the guys at GS just do for fun or…?</p>
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<p>Aside from the thing I mentioned above, the only thing that really intrigues me is the IBD part…</p>