i-banking career and LACs

<p>I'm currently deciding between a top business program in my home country (im an intl student) and Wesleyan. if i want to have an i-banking career in the future, would studying in a LAC hinder or improve my career? do big investment firms recruit people from top LACs on campus? how competitive is wesleyan's econ program and how's wes' ability of sending students to top business schools like wharton, stanford, etc?</p>

<p>thanks in advance.</p>

<p>OK, First, i have to comment on graduate business schools like Wharton, Stanford etc....... in order to attend a TOP business graduate school to get a MBA, you have to have an average of 60 months of work experiences. most harvard/wharton MBA students are in their late 20s. it's not like rigth after u graduate from Wesleyan, u can go to Wharton. u HAVE to find a job and work for like 5 years. top MBA programs seek for experienced folks. so, ur undergrad school really doesnt have anything to do w/ if u can get in Wharton. what's important is what job u hold while u apply for Wharton MBA and what accomplishments u've done by that time.</p>

<p>what's ur HOME country university ?? coz if it's Beijing university or some top asian college, it's not worth coming. but i think if u get good grades in LAC, u can do iBanking just like people from U Chicago, Michigan.......</p>

<p>You will definitely have to have connections to get an I-Banking job from Wesleyan. Wesleyan is not a target school so you will have to either a.) cold call alumni in the finance industry, or b.) go to other schools information sessions and make connections.</p>

<p>i heard that JPMorgan recruits at wes, does it make wes a target school? how hard is it to get a summer intership or a job if i'm not going to a target school?</p>

<p>Summer internships are harder to get than full-time jobs.</p>

<p>And it appears that JP Morgan does not have a recruiting spot lined up at Wesleyan.</p>

<p>The following companies contacted Wesleyan through its Career Counseling Center during the 2003-2004 academic year:</p>

<p>American Express
The Capital Group Companies Inc.
Federal Reserve Bank of New York
Federal Reserve Bank of Boston
Goldman, Sachs & Co.
Guy Carpenter & Co. (subsidiary of Marsh, Inc.)
The Hartford
Lehman Brothers
Lincoln Financial Group
Morgan Stanley
Morgan Stanley - R.B. Fisher Scholars Program
M&T Bank
Olympus America, Inc.
W. H. Trading LLC</p>

<p>Alas, J P Morgan is not on the list, but, that may be because an alumnus happens to be one of their managing directors and sending a recruiter to Middletown would have been redundant.</p>

<p>sorry to hijack, but what about pomona? its an LAC too</p>

<p>According to Pomona's Career Development Office, the five Claremont Colleges were scheduled to have recruiters from each of the following companies this year:</p>

<pre><code> Banc of America Securities - Full Time & Summer Internships

Central Intelligence Agency - Analyst (Full Time)

JP Morgan Private Bank - Analyst (Full Time)

EMC Royal Alliance - Financial Advisor/Manager Trainee (Full Time)

Managed Resources - Financial Data Analyst/Consultant (Full Time)

Mercer Human Resource Consulting - Various Analyst Positions (Full Time)

Sanli Pastore & Hill - Research Analyst (Full Time)

Sibson Consulting - Associate Consultant (Full Time)

Southwest Research - Engineer/Analyst/Scientist (Full Time)

Teradyne - Applications Engineer; ASIC Verification Engineer (Full Time)

Wasatch Advisors (investment management) - Equity Analyst (Full Time)
</code></pre>

<p><a href="http://www.pomona.edu/cdo/cdoweekly/102504.shtml#ResumesDue%5B/url%5D"&gt;http://www.pomona.edu/cdo/cdoweekly/102504.shtml#ResumesDue&lt;/a&gt;&lt;/p>

<p>so goin to wes can be comparable to goin to top universities?</p>

<p>Contacting a career services office and recruiting on-campus are two totally different things. </p>

<p>On-campus recruiting: the company shows a serious interest in the graduates of the school to the point where they would like to meet several of them during an information session. This gives the students a chance to hand in their resumes or to take a business card and send the resumes online. Only a handful of schools have on-campus recruiting.</p>

<p>Contacting career services office: many firms do this to gauge interest in their company. They may take resumes that the career services office have but they won't come on-campus to recruit because it is not worth their time. Schools that do not have on-campus recruiting are much harder to get a job from (including Wesleyan). </p>

<p>I can assure you that Wesleyan does not have on-campus recruiting from the following firms:
Goldman, Sachs, & Co.
JPMorganChase
Morgan Stanley</p>

<p>so do you mean wesleyan in the US is actually sorta a second-tier school? i wanna find out more abt the school before i make my decision</p>

<p>It's a good school, but nothing spectacular when it comes to investment banking. You would be better off going to Wesleyan and transferring if I-banking matters that much to you.</p>

<p>Here are the schools I recommend for I-Banking (there are a few others, but this is the main list): Ivy-League, Stanford, MIT, Duke, UChicago, Northwestern, Berkeley, UMich, NYU (Stern), Georgetown, UVa, and Cal Tech.</p>

<p>Wesleyan is a top-tier US university, and it will only help you in pursuing your i-banking career.</p>

<p>uc benz, just curious, but where do you get your information? the reason i ask is that my cousin graduated from wesleyan just a couple of years ago and now works at goldman sachs where she's been since graduating. she tells me that representatives from all the big investment banks (jpmorgan, morgan stanley, lehman bros, goldman, etc.), as well as consulting firms, come to campus in the winter/spring, do open presentations for interested students, do a couple rounds of interviewing arranged by the career center on campus, sometimes invite them to their offices for extended interviews, then make offers. she was part of what she called an entering "class" of analysts at the investment bank that she said included students from the ivies, the competitive state systems, and students from the likes of williams, amherst, middlebury, etc. she also said these banks recruit all sorts of majors with good analytical skills, though most are econ or math majors. if that's not on-campus recruiting, then what is?</p>

<p>I get my information from the official recruiting calendars. Your cousin may very well have seen recruiters on campus in the past, but they are not officially scheduled to be there this year. It would not be responsible of me to speculate on what has happened in the past or what will happen in the future, but I know they have not officially committed to the Wesleyan campus this year. It may be true that if they have enough time in their schedule they will stop by the campus, but as of now they do not have anything scheduled.</p>

<p>Theoretically you have a chance at every single university in the United States to land an investment banking job, but to MAXIMIZE your chances (which are slim as it is) I made a list of the best universities to attend.</p>

<p>Um, you see it's like this: the I-B recruiting schedules for next year aren't published until October. And any list of recommended schools for business that leaves out Williams, Swarthmore and Pomona (and every single other LAC) is clearly phony.</p>

<p>In fact, I would go one step further and say that UC_Benz has it backwards, a campus interview is just a slightly more complicated way for the company to encourage resumes; the interviewers do not have the power to hire or make offers; if they like your resume you will be invited back for another interview. The fact that a college is permitted to forward resumes directly to the I-B is an indication that it already has contacts within that organization and can skip the "middle man" of having an interviewer physically go to a campus, collect the resumes in order to toss them further up the chain of command.</p>

<p>Well if you read closely you would see that I said THIS year. I never mentioned anything about next year's schedules. This year's schedules have been posted since late last year, and I have reviewed them and Wesleyan is nowhere to be seen.</p>

<p>And in my list of good schools for I-Banking, I was obviously talking about research universities. That is why I put the little disclaimer: "(there are a few others, but this is the main list)." If you want to talk LAC's, then add Williams, Swarthmore, and Amherst to that list.</p>

<p>And I don't know where you're getting this information about people being directly invited to have interviews at the I-Bank. No bank is going to do this because they usually pay for the transportation and lodging costs. There is always going to be a preliminary round to weed out those who have good credentials, but don't seem cut out for I-Banking.</p>

<p>Im confused. can some more people give opinions?</p>

<p>Don't listen to UC<em>Benz. He's muddying the waters with his anti-LAC mindset. The reason he may not have seen Wesleyan, Swarthmore, Bowdoin, etc. on any preliminary interviewing schedule is because--as I said-- those interviews are conducted in New York City, as part of a consortium:
<a href="http://www.bowdoin.edu/cpc/frc/participatingschools/wesleyan"&gt;http://www.bowdoin.edu/cpc/frc/participatingschools/wesleyan&lt;/a&gt;&lt;/em&gt;university_s.shtml&lt;/p>