Investment banking recruiting

<p>What schools have Investment banking recruting on campus?</p>

<p>I heard University of Illinois -Urbana Champaign does...what about Babson college? Do they even recruit for positions like that at LACs?</p>

<p>for IB your gonna have to look toward the higher ranked schools. Look at places like Michigan, UC Berkeley, NYU Stern, Indiana's Kelly and other high ranked programs. Your chances are a lot better if you can get to those schools because places like Babson and UIUC while good will make it much harder for you to get into IB simply because those programs aren't ranked extremely high.</p>

<p>Nah, University of Illinois -Urbana Champaign is a great school for Ibanking, look at the recruiting thread in the business forum. Mostly all Ibanks recruit there.</p>

<p>ibanks prefer ivy and ivy equivalents (stanford, chicago, etc.) as well as top b-schools.</p>

<p>Where and how many did Kelley place in I-Banking last year? I gotta hear this.</p>

<p>Also, the top LACs (Amherst, Williams, Swat, etc) are also strong feeders.</p>

<p>Yea I had no idea they recuited at kelley or LACs particularly because they don't offer business majors I guess the recuit mostly math and econ. majors...</p>

<p>So lots of folks are employed at I-Banks but what job are they doing? I am still waiting to hear what the jobs were? Outta Kelley and the LACs.....
As to the question about grad school at what LAC does that happen and Kelley MBA is what you would be discussing.....trust me the folks outta Kelley are picking up the lunch for the Wharton I-banking folks......</p>

<p>It depends on your major. </p>

<p>If one intends to major in an unrelated field, like English, Music, History, Political Science etc..., attending a top university is a big help. By top university I mean any of the top 15 or so LACs, top 20 or so private research universities and the top 10 or so state universities. For example:</p>

<p>LACs:
Amherst College
Bowdoin College
Carleton College
Claremont Mckenna College
Colgate University
Haverford College
Middlebury College
Pomona College
Swarthmore College
Vassar College
Wesleyan University
Williams College</p>

<p>PRIVATE RESEARCH:
Boston College
Brown University
California Insitute of Technology
Carnegie Mellon University
Columbia University
Cornell University
Dartmouth College
Duke University
Emory University
Georgetown University
Harvard University
Johns Hopkins University
Massachusetts Institute of Technology
Northwestern University
Princeton University
Rice University
Stanford University
Tufts University
University of Chicago
University of Notre Dame
University of Pennsylvania
Washington University-St Louis
Yale University</p>

<p>STATE UNIVERSITIES:
College of William and Mary
University of California-Berkeley
University of California-Los Angeles
University of Illinois-Urbana Champaign
University of Michigan-Ann Arbor
University of North Carolina-Chapell Hill
University of Texas-Austin
University of Virginia
University of Wisconsin-Madison</p>

<p>If one intends to major in Business, any of the top 15 BBA programs.</p>

<p>Carnegie Mellon University (Tepper)
Cornell University
Indiana University-Bloomington (Kelley)
Massachusetts Institute of Technology (Sloan)
News York University (Stern)
University of California-Berkeley (Haas)
University of Michigan-Ann Arbor (Ross)
University of North Carolina-Chapell Hill (Kenan Flagler)
University of Pennsylvania (Wharton)
University of Southern California (Marshall)
University of Texas-Austin (McCombs)
University of Virginia (McIntire)
Washington University (Olin)</p>

<p>If one plans to major in Engineering, many of the top 25 Engineering schools.</p>

<p>California Institute of Technology
Carnegie Mellon University
Columbia University
Cornell University
Duke University
Harvard University
Purdue University-West Lafayette
University of California-Berkeley
University of Illinois-Urbana Champaign
University of Michigan-Ann Arbor
University of Pennsylvania
University of Texas-Austin
University of Wisconsin-Madison</p>

<p>My friend's daughter & her husband both graduated from UPenn (I know, an ivy), but had NO classes at all in business & both are in ibanking & were hired right out of college. Her major was german & international relations, took only a one week course in accounting. I'm not sure what his major was, but he also had no business background. She just made partner at Morgan Stanley DW at age 29. He's also doing great, as are many of their friends. Neither have gone to grad school & have decided they can't afford grad school--they make more now than they would if they stopped out & got masters degrees. Her dad is amazed (he has a masters from Wharton & took a LOT longer to become a partner at MSDW).
Most of their friends were also hired straight out of college, with no background in business into ibanking.
My friends' daughter got a PhD in physics (astronomy) & is working at a bank in CA, making a good living. Of course, she's not doing anything related to physics.</p>

<p>To answer the question on Kelley: 22 out of 1,098 business seniors that reported (92% of class) at IU got I-bank jobs while at a place like wharton 108 out of the 344 (59% of class) that reported went into i-banking...so really if you want to have a good shot at an ibanking job what sound better a 2% chance or a 31% chance? </p>

<p>In general at Wharton about 40% of the class goes into I-banking & 20% into management consulting. Wharton produces the largest number of ibankers as compared with any other school...it also has the highest % of Managing Directors at bulge bracket firms.</p>

<p>Megastud is right. For IB, the prominent firms typically don't stray too far from the Ivy and Places like UChicago, Northwestern, Stanford and Duke. But don't fret, obviously if a IB career is what you want, and you work hard, you won't be required to get an Ivy pedigree. Other schools get their business grads into great jobs.</p>

<p>I seem to detect over and over again trumping up of the accomplishments of this school at IU. What exactly do they produce there? What do their "scholars" do? I am curious as to why this school misrepresents itself so frequently.....has the administration been serving tainted KoolAid....such that the folks believe what is fed to them and don't realize?</p>

<p>I am curious as to why you have such a problem with IU. The business school has long had a very good reputation. Is it Wharton--No, but it a good solid school with very good placement. What's your beef??</p>

<p>I have no problem with Kelley I would just like to understand or gain knowledge. I see it as no different than another school in the same geographic area.....Krannert/Purdue. I know that Krannert trains, very well respected and marketable operations managers, plant and manufacturing managers.....applied knowledge and folks who go to work right away. I don't happen to be aware of where Kelley graduates migrate to.......what specialty the school is known for. i am placing no judgement on it just don't know.....one thing I do know is that it is not I-Banking. Perhaps you know and can enlighten me.</p>

<p>Note: Two programs: Indianapolis/Bloomington which one do folks refer to as for what specialty? There seems to be no distinction in Kelley or the Law School. Is Kelley predominate professional students, returning adults or undergrads first time out of the gate?</p>

<p>How does Washington University place in IBanking with BBA's?</p>

<p>I can tell you there are a few grads from Williams and Amherst that I know who are bankers in New York for major firms. I think one is at Merril the other is at Deutsche Bank or Goldman. The top LAC's are good if you major in economics.</p>

<p>If you go to Babson or another school outside of the top 5 or 10 for undergraduate business it will make your chances of getting into IB right out of college a lot more difficult. </p>

<p>Just keep this is mind: Investment Bank's mainly recruit at Ivy League schools, top LAC's and top ranked undergraduate business programs. </p>

<p>If you go to a less prestigious or lower ranked school you can definetely still go into IB right out of college. Of course though you will need to know the proper connections and do extremely well at wherever you are if you want to compete for a job that is usually reserved for a select few.</p>

<p>Dunkaroo, I do not agree with you entirely. IBanks recruit non-Business students heavily at roughly 25 campuses that are neither Ivy League, nor LAC.</p>

<p>About Kelley</p>

<p><a href="http://kelley.iu.edu/mba/academics/standings.cfm%5B/url%5D"&gt;http://kelley.iu.edu/mba/academics/standings.cfm&lt;/a&gt;&lt;/p>

<p>Are we comparing MBA stats or BS/Econ is undergrad going to I-Banking? Perhaps I am confused. I still don't see where the Kelley grads go to upon graduation. BTW are you out of Kelley?</p>