How is Yale Undergraduate Finance Industry Recruitment? (Thanks To All Who Reply)

<p>I am greatly interested in attending Yale. I was wondering if someone could be nice enough to elaborate on the I-Banking and Big 4 Accounting Firm Recruiting that goes on--on the Yale campus. If an I-Banking Firm Has A Stronger Candidate at Yale than at Harvard, would they recruit the Yale or Harvard candidate (I always fear that they might go for a teeny tiny slightly more recognized college[Harvard over Yale])? This answer will be greatly appreciated and will help me decide where I will matriculate. Thank You All.</p>

<p>go to wharton</p>

<p>"If an I-Banking Firm Has A Stronger Candidate at Yale than at Harvard, would they recruit the Yale or Harvard candidate?"</p>

<p>They recruit people, not diplomas. What would you do? You stated it yourself: you pick the stronger candidate: Y, H, UMich, Warton, NYU, whatever.</p>

<p>Yale has the best undergraduate program / recruiting in the country if that's what you want to do. Harvard is a very close second place, and I'd place MIT or Dartmouth third.</p>

<p>Seeing that you have not been accepted to both, you should not be particularly worried until the situation arises. </p>

<p>The differences in recruiting among the Big Three + Wharton are pretty negligible. BB firms, the Big Four, and MBB all recruit their fair share at each one of them. </p>

<p>The reason Wharton or Harvard may send more people into ibanking or what not is because they have more people interested in the area. Wharton, for example, has a class of 500 strictly focused on business, while Yale's class size is around 1250. Similarly Harvard has about 1600 per class and therefore puts more people into financial institutions than Yale, but as far as per capita, I don't think there is much of a difference.</p>

<p>About 1 out of 5 Yale graduates go into i-banking or consulting, and they go to all the big firms as well smaller ones. You are crazy if you really think you would have an advantage by going to Wharton, or vice versa.</p>

<p>But on a more important note: at Yale, there is a possibility that your soul will be saved, and that you will be cured of the ridiculous careerism and disavow the idea of i-banking, choosing a major that you actually like, be it Literature, History, or Physics. This isn't so easy to do at Wharton. Please consider this, as you have 4 years of hard work ahead of you before you can even think about working for Goldman Sachs anyways.</p>

<p>Even if you continue to be dead set on the business world, realize that you will need to be the top of the top once you GET to Wharton or Yale to get the best jobs. </p>

<p>Which leads to another question: WHY oh WHY are you thinking about these types of things before you are even admitted to these schools? The chance that you will get admitted to even one is very small, and must be then multiplied by the small probably that in 4 years you have the same ideas about your career path. Translation: it is not worth the worrying or even relative to the decision making process at this point.</p>

<p>Pick the school that fits!</p>

<p>Already got admitted to one :p. Waiting for the other. More feedback please besides, "Why are you even think of this?"</p>

<p>Since H doesnt' have early, congrats on your Y acceptance: you're in an enviable position. With that info, I'd say really really compare the campuses to see at which on you'd thrive. The more you feel this, the better candidate you'll be because you'll be a successful undergraduate. Either Y or H is negligible at this point.</p>

<p>To the OP...</p>

<p>Yale is certainly a good place for financial recruiting but PosterX is being at best disingenuous and at worst plainly lying when he says that Yale's recruiting is better than Harvard's.</p>

<p>Look, there is one constant in higher education. HARVARD reigns supreme. I don't attend Harvard, I don't attend Yale, my sister went to Yale, graduated TD 04'. When it comes down to finance, the only one that can give WHARTON a go for its money come recruiting is Harvard. That's it.</p>

<p>Is Yale good? Sure. But it's in the next tier, along with Columbia, Dartmouth, Duke, MIT.</p>

<p>*HPWharton are the holy trinity of IBD. Banking/Finance in general is not Yale's strong suit compared to its Harvard/Princeton peers.</p>

<p>Check this link out: 2007 Summer Summer Analyst Class at a Bulge-bracket (GS, JPM etc.)
<a href="http://www.wallstreetoasis.com/forums/bb-sa-list%5B/url%5D"&gt;http://www.wallstreetoasis.com/forums/bb-sa-list&lt;/a&gt;&lt;/p>

<p>TruAzn: Nope. Yale is in a tier of its own in this arena, followed by Harvard, MIT, Dartmouth and (maybe, but maybe not) Wharton. </p>

<p>One random, not necessarily accurate internet post that's not adjusted for the number of applicants from each school and only covers one summer at one of the thousands of firms out there doesn't tell you anything.</p>

<p>Hmm, i'm a little curious about all this differentiation. </p>

<p>There's huge recruitment for i-banking, finance and other business careers here. Economics is one of the most popular majors. Yale doesn't offer a business program, but neither does any other ivy league school besides Cornell. I suspect that the other colleges mentioned on this thread also have huge recruitment. But i can't possibly imagine that the difference is so significant that you would choose one college over another for that reason alone. Check out the departments, and if one appeals to you more than another, choose a college on that basis (i'd also advise that you spend some time on the campuses to see if you'd enjoy living at a college for four years...). But you would be a fool to choose some other college over Yale because you perceive some slight edge in terms of recruitment. </p>

<p>For what it's worth, my father has been fairly high up in the banking industry for twenty years, and not having gone to an ivy league school, he perceives no difference between dartmouth, yale, princeton, harvard, and MIT in terms of academic prestige. I found it interesting that the schools i was interested in, based on their overall academic reputation, were different than the schools he was interested in because of their reputation in the business field. There was, of course, a large overlap between the two.</p>

<p>For Me College=Being Involved On Campus+Get The Most Out of Education+Job Placement+Friendship+Giving Back In The Future. Harvard, Yale, Princeton, and Wharton Are All Excellent Campuses, I Am Hoping That There Is A Distinguishing Factor Between All Four of These Outstanding Institutions That Can Help A Student Decide [Besides the Necessity of Going to All 4 For Campus Visits]. Thank You All.</p>

<p>I'm sorry PosterX but which BB do you work for again?</p>

<p>My father is a MD at JPMorgan and I'm interning at GS IBD so I think I probably know better than you.</p>

<p>I would say doing econ or business at MIT (sloan) and doing econoimcs at Chicago will both be very good for recruitment as well. I would place these two after HYP-Wharton., maybe sometimes before. </p>

<p>The MAIN thing to understand is, there really is not going to be a difference. The choices will be narrowed after you get rejected and accepted to whichever ones. After that, visit and study the curriculums and figure out which one you feel like you would enjoy and thrive at. If you are successful at any of the 6 places I mentioned (HYP, Wh, MIT, UChi), then you will be be very strongly recruited.</p>

<p>Sorry for being ignorant. What are those things stand for, BB, MBB, MD and IBD.</p>

<p>Chicago isn't close to being in the top 6 for finance recruiting. Its a myth that Chicago students like to propagate. </p>

<p>My personal experience for finance recruiting:</p>

<ol>
<li>Harvard, Yale, Wharton, Princeton</li>
<li>Dartmouth, MIT</li>
<li>Columbia, Penn (econ), Duke, Williams</li>
<li>Brown, Amherst, Northwestern, few others</li>
</ol>

<p>Thanks for the answer slipper. I think alot of people look at recruiting as the number of kids that get jobs in the field of finance. That is highly inaccurate. Probably HYP have the strongest recruitment in the sense that the kids who WANT a job in finance can GET a job in finance. While other schools might have more kids get finance job, it is more because those kids WANT finance jobs. While UChicago is great, I doubt its recruiting ability in terms of WANTING A JOB AND GETTING IT is far less than HYP. In fact, two people who I know personally go there because they were rejected from their number one choice, one got deferred from Wharton and the other rejected from Harvard. So its probably HYP top tier in terms of the number of kids who apply for finance jobs and get them vs a cummulative value which is meaningless.</p>

<p>I agree HYP is top tier, with Dartmouth and MIT close second. Dartmouth students get a little known advantage. Because Dartmouth is on the quarter system all the top firms have special Dartmouth only internship offerings during the school year (Fall, Winter, Spring). And once you're in, you're in.</p>

<p>I find it hard to believe that the big finance corporations in the city of Chicago don't recruit much from the neighboring school that has arguably the #1 economics program in the country.</p>

<p>I will say that NYC probably looks a good deal to HYPM though because of prestige, alumni etc.</p>

<p>And susan4, I think:
BB- bulge bracket (top banking firms)
GS - goldman sachs
IBD - investment banking
Don't know about MBB and MD</p>