<p><strong><em>Please only people that have experience in the area</em></strong>.</p>
<p>How many percent of the students that send there applications to Big Ibanks in New York actually end up landing a Ibank job?Is it very very small amount?Also if you send your resume to multiple firms how likely would it be you would land a job then? He is the applicant stats. </p>
<p>Rutgers-School of Business- Honors College
(Undergrad) 3.79 GPA
Double major Accounting/Finance
(Ibanks recruits at multiple of Rutger's Career day)</p>
<p>a) Big $$$ = cutthroat competition (This is pretty logical. You don't see too many fights over minimum-wage positions)</p>
<p>b) Guidance counselor = a good way to gauge where you're at in terms of credentials, where your school normally places its graduates, and what to do in order to secure such a job</p>
<p>c) Not to bash further, but I hope that display of English above was just because you were rushing on the Internet. I'm very certain that good communication skills are a requirement to enter the field of investment banking</p>
<p>I can tell you that the house I worked for did not recruit at Rutgers, as of ten years ago, and it would have taken a compelling business connection for a Rutgers undergrad to get in there. Not justifying this, just telling you.</p>
<p>At the graduate business program I attended, extremely few people got into line jobs at the bulge-bracket securities firms. I was lucky; one of a handful who got in at all at my firm. These positions were highly coveted.</p>
<p>On the other hand, good positions at commercial banks were not nearly so hard to come by. And stock broker jobs at wirehouses were not difficult to land, if you had the right profile. And various back-office jobs were not necessarily so esoteric. There are lots of jobs in the broad field of finance, with various degrees of selectivity, even within the same firm.</p>
<p>These days, at least on this board, I get the idea that when people say "Ibanks" they are using this as a catch-phrase to incorporate all of the above activities I described above, and more.</p>
<p>So it's hard to answer. There are numerous jobs with various degree of selectivity, but the highest-paid, highest-profile line positions are coveted and highly prized by graduates of the leading colleges in the country. Yes, only a small number of applicants wind up getting one of these jobs. A very small number.</p>
<p>Exactly where you specifically stand, I agree ask at your college.</p>