Investment Banking

<p>If I plan on going into the field of investment banking, what is a good variety of schools that I should consider? Should I go through the undergraduate business school route, or economics at a liberal arts college? How about if plan to pursue an MBA?</p>

<p>If any current students/knowledgeable alums have any inside information/anecdotes that they can share, that would be helpful.</p>

<p>For instance, I've heard that Dartmouth has a great network of alums for recruitment and is represented well on Wall Street - similar to Columbia because of its location in NYC.</p>

<p>Any help is appreciated - safeties, matches, and reaches are all welcome. I have a temporary list, but it needs work. Thanks in advance.</p>

<p>Bumping this up.</p>

<p>After a lot of reserach on my own part, a lot of this has to deal with prestige. Undergrad business schools don’t matter to recruiters as much. The major target schools for recruitors such as GS are:</p>

<p>Tier 1:
Harvard, Penn (Wharton), Stanford, Princeton</p>

<p>Tier 2:
Dartmouth, Duke, Columbia, Penn (non-Wharton), Yale, MIT</p>

<p>Tier 3:
Georgetown, Cornell, Northwestern, UChicago</p>

<p>how about columbia seas or is that still tear 2?</p>

<p>That tier ranking is pretty much garbage.</p>

<p>yeah, those tiers are garbage…NYU stern’s not in there and Duke is most definitely not a tier 2 target for ibanking. Cornell and Chicago should be higher as well.</p>

<p>

Always a Duke hater lurking somewhere in these threads; Duke generally has better recruiting than Cornell.</p>

<p>It doesn’t really matter that much where you get your undergraduate education as long as it is a target school. If you suck, you won’t get recruited and get demoted anyways. A high target school just makes your start easier.</p>

<p>Try the business forum under “majors”, there are probably half a dozen frequent posters that are involved with the field.</p>

<p>Eatsalot’s list matches up pretty well with a list posted in the IB forum.

</p>

<p>Actually I think a economics or buisness undergraduate school will educate one well. Though I would go with economics.</p>

<p>why is MIT so low? I thought sloan was really good?</p>

<p>Sloan’s up and coming. It doesn’t have the rep it deserves quite yet.</p>

<p>Anybody have any thoughts on the law degree vs MBA debate? I like the creativity and strategy of investment banking, but I’m also interested in legal studies, but afraid that it is extremely cutthroat and becomes dry and boring after a while, hence its low job satisfaction talked about by many attorneys.</p>

<p>Look at placement records of schools you are interested in. If it is a good school it will probably tell you X amount of students (or Y% of students) went into investment banking from _______ major.</p>

<p>Pfft, way to hate on my list without any research. Thanks IBclass06 for backing me up lol.</p>

<p>EDIT: Oh hahaha I realized why it was considered “garbage.” It’s cause your schools aren’t where you’d lke them to be, huh kiddos? -_-</p>

<p>niiiice eatsalot, you figured it out!!! That’s why i suggested three switches, only one of which involved my school!</p>

<p>and just because somebody posted that tier rank in the ibanking section, doesn’t mean that it’s any more accurate than your list…</p>

<p>Go on wallstreetoasis.com and search “target schools”. That will give you a much more accurate picture as many of the users are individuals who have actually made it to wall street instead of people trying to boost their own schools (which i admit i am guilty of doing). However, my backing of my school is also backed up by my research on it. After all, it was this research that led me to choose this school to start with…</p>

<p>So maybe Cornell deserves to be higher up - my bad. :confused: But I stand by what I said about UChi (and if I put Stern in, I’d be with Northwestern/Stern).</p>

<p>&okay, I’ll take your advice.</p>

<p>[Undergrad:</a> Duke vs. NYU Stern | WallStreetOasis.com](<a href=“http://www.wallstreetoasis.com/forums/undergrad-duke-vs-nyu-stern]Undergrad:”>Undergrad: Duke vs. NYU Stern | Wall Street Oasis)
General consensus: Duke > Stern. </p>

<p>[Duke</a> vs. Harvard/Yale/Stanford/MIT/Columbia | WallStreetOasis.com](<a href=“http://www.wallstreetoasis.com/forums/duke-vs-harvardyalestanfordmitcolumbia]Duke”>Duke vs. Harvard/Yale/Stanford/MIT/Columbia | Wall Street Oasis)
Yeah. </p>

<p>I’m done backing up Duke’s presence on the Street for those who think Duke should be lower on that list. :)</p>

<p>The students at Duke must be fools because (to me) every third student is an econ major.</p>

<p>

</p>

<p>In my and my friends’ IB analyst classes, Penn (non-Wharton) was definitely below Dartmouth, Duke, Yale, Columbia. Some of the top LACs such as Williams, Amherst, Wellesley, Bowdoin, Colgate, Middlebury, Hamilton, Colby had some decent representation among the analyst classes too. When I interviewed candidates for IB, I valued an economics major over UG business but that may have been more of personal preference.</p>

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<p>I’ve heard that from other interviewers a lot myself.</p>