Ideal college for i-bank

<p>i could be mistaken but doesnt berkeley have a top business program (haas) and stanford????</p>

<p>The ideal college for Ibanking is one where you have fun before you sell your soul to the bank.</p>

<p>That said, Wharton (Penn)</p>

<p>new scenario...lets say you have no connections and you go to a crappy ibanking school ie University of Rochester :) it's great school or sciences, has a top 20 something B-school..but i really dont know how well the students place for ibanking positions...is there even a shotttt??</p>

<p>--
and about being able to work long hours...look at what time i'm posting this haha i never sleep ..this is the perfect job for me haha</p>

<p>but ur not working.. having to deal with a boss that demands you do to frivilous tasks that he should be doing .. while u have other tasks to do .. is not the same thing.</p>

<p>khan: there is always a shot, just a slim shot. You'll have a go through traditional application process rather than OCI, and then wow your interviewer.</p>

<p>yeah well thats BS why should UR be so low? i heard before it had a decent finance i'm sure like at least 20 or 30 of the hundred econ majors go into successful positions? or else the school would suck, and have no rep...but it obviously doesnt. i'll have to talk to the career services department.</p>

<p>Everybody knows that Goldman Sacs and the rest recruit the most at SIU-Edwardsville.</p>

<p>UR is simply not a target school, Target schools are the MOST prestigious of schools, as well as your occasional "legacy school" or "AA" school. this means Ivies and Ivy comparbles, as well as top LACs.</p>

<p>Nobody ever said it was fair, but it seems to be working for the Financial services industry, and so they have no intention of changing.</p>

<p>Keep in mind guys that through hard work it DEFINATELY is possible to break into even the most top places. You just have to look hard and have a little bit of luck helping you out.</p>

<p>The CORRECT LIST (believe it or not)</p>

<p>TIER 1
Wharton</p>

<p>TIER 2</p>

<p>Harvard
Princeton
Yale
MIT
UPenn The College or SEAS
Stanford
Cornell
University of Chicago
Northwestern
UVA
Dartmouth
Brown
NYU-Stern
Michigan
Berkeley
Columbia
WASP
USC</p>

<p>Tier 3
UTexas
UIUC
Boston College
UNC
UW-Madison
RU
UCLA
......</p>

<p>sorry to sound ignorant but most of these schools do not have undergrad business schools. What majors are suitable for ibank recruitment at the schools without business schools (some dont even have BA programs).</p>

<p>Im asking for a friend because we both attend Queens University in Ontario. He is in the commerce program which you may have heard of. I believe its grad program has a joint mba with cornell. Anyways, hes trying to get a feel for the type of schools that are worth transfering into (and the majors, programs that he would pursue at these schools).</p>

<p>untilted those tiers looks pretty good...everything looks right except USC should be moved down to tier 3. Only a few Ibanks actively recruit there and if you look at the number of USC grads in ibaking compared to the number of any of the 2nd tier schools you'll see that there is a huge difference. Most of those schools will have at least double the number of grads in ibanking.</p>

<p>Just out of curiosity, how did you order the schools in Tier 2? Is that just how they came to mind, or is that in order of rank within the tier?</p>

<p>what is WASP? UIUC??</p>

<p>WASP is an abbreviation for the top liberal-arts colleges: Williams, Amherst, Swarthmore, Pomona. UIUC is University of Illinois at Urbana-Champaign.</p>

<p>aca0260: You're absolutely wrong. What makes a good ibanker is strong analytical and quantitative skills something that suprisingly most business undergrads lack. Excluding Wharton/Stern, Engineering continues to be strongest feeder to ibanks. Then Finance and Economics.</p>

<p>Undergrad business doesn't teach you anything(beyond intro classes) that you would actually apply in the real world unless ur an entrepeneur. Anything you learn in 300s classes will be principles that only higher up people will use(and u need a lot of work experience/MBA to get there). Companies that recruit smartly for ibanks/consulting first look for engineers with good communication skills and finance majors from very good programs. And theres really not that many. Good opportunties attract the best students and Harvard's not stupid. They don't see the value of buz undergrad and neither do I.</p>

<p>Most of you will agree that MBA from the top 10-20 institutions will get you a very good job(managerial,executive, ibanking associate,etc). Now consider this. The most popular undergrad major for MBA admittees to top 1,5,10,20 programs is ... ENGINEERING/SCIENCES. Kellog, considered the best b-school overall(management, networking) has a whopping 45% engineering/hardsciences population. Compare that to 22% undergrad business.</p>

<p>Back to ibanking, college graduates that get ibanking positions within ibanking company get 2/3 year analyst internships. No one gets a permanent job until the end of that(if ibanks see value in you). During the first summer after graduation, you spend 3 months with all the other ibanking analysts and you LEARN. for 3 months you don't do anything ibanking. You get TRAINED. So no, you don't need business undergrad for ibanking, and in reality, many don't. The schools where having a finance degree will help: UPenn, NYU, UVA(Commerce) and USC.. i can't think of any more. Take UMich.. great school.. i willing to say that as many UMich undergrads who got ibanking positions in NYC engineers got positions as finance majors.</p>

<p>IMO Top ibanks looks for very talented individuals at good schools. Major does not matter as logn as you can show you are strong quantitatively and can communicate effectively.</p>

<p>you're right on confidential...</p>

<p>Duke is a breeding ground for ibankers</p>

<p>bern700: you're going to wharton? congrats!</p>

<p>confidential - i actually dont recall stating that the only route towards ibank recruitment is a top undergrad biz school. I merely wanted to know which majors are traditionally recruited the most. To this you answered with engineering/sciences, finance, and economics. Thank you.</p>

<p>Also, just because it isnt absolutely necessary to attend a top biz school doesnt mean those who have fervent interests in business should attend mediocre colleges.</p>