<p>Here's a list of colleges that are known, not necessarily but mostly, for having one of the best economics programs (only the schools in the east-coast, UofChicago and Northwestern)</p>
<p>Harvard
Princeton
Yale
MIT
Wharton-Upenn
University of Chicago
Northwestern
UVA
Dartmouth
Brown
NYU-Stern</p>
<p>Suppose you were a recruiter from a top ibank and you had to recruit graduates from the schools listed above. What would your list be in order of preference (try to apply ure knowledge)??</p>
<p>Here's my list
1. Wharton-Upenn
2. Harvard
2. University of Chicago
4. Princeton
5. MIT
6. Yale
7. Dartmouth
7. Northwestern
9. NYU-Stern
10. Brown
11. UVA</p>
<p>I'm not sure if Dartmouth and Brown has good economics program for undergrad, but i've heard that a decent # of students from both schools get recruited every yr (mostly because of their name value and alumni connection)</p>
<p>A list really doesnt accomplish anything. A good student from any of those colleges would have an equal shot at getting interviews.</p>
<p>However, if Ibanking is what you want to do there is no school out there with a better record than Wharton. Of course most people in Wharton go into Ibanking so the numbers are a little biased.</p>
<p>A lot of ibanking recruits occur due to non academic factors. Contacts at banks and firms are a big one so places like Wharton where a lot of kids with family in investment banking get the leg up. Also a lot of it depends on your communication skills and fast thinking, crucial points at interviews.</p>
<p>All the Ivies should be on the list because they all seem to recruit very heavily. You should also include some LAC's, like Williams and Amherst. What about some non east-coast schools, like Stanford and Duke? I'm sure they get good recruitment as well.</p>
<p>there are regional ibanks, not just in new york, or in us for that matter..</p>
<p>CMU is actually up on the list. popular for quantitative analysis skills(and hard working), skills crucial for ibanking. but since cmu students have more diverse students(most engineers actually want to go into engineering, unlike Cornell engineers) they don't have as high numbers(also smaller grad class size), but success rate is similar. </p>
<p>The IS program at CMU sends 2/3 of its grads to ibanks/top consulting firms. ibanking-Goldman Sachs, Lehman Bros etc.., Consulting: McKinsley, PWC, BoozAllen.</p>
<p>The problem is that program is the masters in quantitative finance which is a top notch program. The Tepper business school undergraduates actually get into back office jobs and not the prime positions most people seek. I have the link from CMU website posted on the Business School forum.</p>
<p>I was actually talking about IS(undergrad Information Systems)... what are back office jobs? based on what i know, in ibanking the 'lowest' job is summer analyst/2year analyst.. when ur an analyst does it really matter what school u came from?</p>
<p>btw i think its funny how all of a sudden everyone wants to be an ibanker when in reality most of them cannot work more than 9 hours a day.. im working 10-11 hours a day over the summer researching and i dont even think i cud handle 16-17 hours of mindless working a day.</p>
<p>Back office jobs include operations, infrastructure, P/L counting. Basically they maintain the stuff of the ibank. Titles such as operational analyst, technical analyst, systems analysts etc. The top money doesnt exist here. These guys dont do the deals. </p>
<p>What you are talking about is ibanking specifically the M&A department. Go to the link below and you will notice most of the jobs at the ibanks were operations/system analyst type jobs and very few front office jobs scattered around. </p>
<p>And yes it is pretty funny all of a sudden you see an influx of ibanking and ibanking typish jobs. What more funny is not that they cant work for 9 hour days but that some have yet to even WORK!</p>
<p>I may still be mistaken, but the IS program is an independent school and stats are different. They might still be technical jobs.. but i think consulting is more suited for me anyways(more balanced lifestyle). I'm hoping to get a good job at PWC or BoozAllen one day.</p>
<ol>
<li>Wharton</li>
<li>HYPSM</li>
<li>other top business programs like Haas and Stern</li>
<li>other Ivies + top LAC's (WASP)</li>
<li>other top 25 schools (such as Chicago & Northwestern)</li>
</ol>
<p>Stern is second only to Wharton.. NYU students live in nyc.. its not that hard for stern student to network and get connections(i never said a stern education was better)</p>
<p>EVen if Stern kids are in NYC and get networked it still doesnt have the clout of places like Wharton and Harvard. Look at where the guys that get into Blackstone PE (and their M&A restructuring group) went to. Its either Harvard or Wharton for undergrad. For grad its a split between HBS, wharton, and Stanford.</p>
<p>But instead of listing names go out there and begin networking. If you have good contacts you can go to just about anywhere and get a top position. In business nothing is as powerful as your rolodex/phone contact list/parents' friends/friend's parents etc.</p>
<p>What about the economics program at CMU - its jointly adminstered by tepper and hss. How does that rank up to the other programs at CMU relating to business, banking, trading, etc?</p>
<p>Also, according to the site you put that showed the jobs graduates got, not all of the graduates were listed. I believe not even half.</p>
<p>I am not familiar with the econ program. I however do know that the engineering grads are highly sought after especially by FI trading desks and quant funds. Knowing your way through a computer can get you many places in finance especially nowadays as it becomes more and more complex. </p>
<p>And yes I do know that half werent listed. However, I have browsed through the positions given last year also and they were more or less the same: a lot of back office positions.</p>