Investment Banking

<p>I didn’t refer to Michigan as a whole. I specifically mentioned Ross. According to the vault’s, Ross is just as a target as those elite privates you listed. That’s according to the vault’s not according to me.</p>

<p>Vault’s list is inaccurate and outdated. Just because a random list is floating around on the internet, that doesn’t make it accurate or reliable. If you’ve worked for several years in the investment banking industry and have made a decent amount of contacts, you would know that Michigan-Ross is not on the same level as Dartmouth, Duke or Columbia. It’s definitely one of the five most represented undergrad b-schools however.</p>

<p>Vault’s list is for management consulting I believe and I’m not even sure you’re quoting it properly. Do you have a link to back up your claims? I know for a fact that Vault has not prepared a list that is comparable for the investment banking industry.</p>

<p>I think McKinsey recruits a decent amount from Michigan but BCG and Bain do not. The latter two didn’t even take any Michigan kids last year for full-time positions. I know this for A FACT.</p>

<p>RML, can you please show me the “vault’s” you keep referencing. I’m not trying to be challenging or rude, but it seems almost everyone else here has strongly disagreed with you.</p>

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<p>no you don’t, because that is false.</p>

<p>every place mentioned so far is a target for all the banks. harvard, wharton, stanford, and princeton have some firms target them (top hf, etc) that the others don’t, making them clearly top tier. </p>

<p>if i had to make a list:
tier 1: Harvard, Princeton, Stanford, Wharton</p>

<p>tier 2:MIT, Yale, Penn, Duke, Columbia, Dartmouth,Chicago</p>

<p>tier 3: Cornell, Brown, Northwestern, NYU (stern) , Michigan (ross), Berkeley (haas), Georgetown</p>

<p>these prestige rankings are stupid anyway. does the bank recruit on campus? yes/no? if yes, then if you’re halfway intelligent and decent at networking you’ll get an interview. At that point, its all up to you, and if you don’t get a top (bb, mbb, etc) job, its your own fault and not your school’s.</p>

<p>^Lols we ended up right back where we started. Nice.</p>

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<p>Agreed. Some schools are more favored though - that’s the only reason why reaching or a specific target school is a good idea.</p>

<p>A lot of recruiting depends on the individual firms. People in the firm hire more people from their alma matter than other schools. If a higher up in the firm is from Brown, you can bet that there will be more people who are recruited from Brown than Harvard/Wharton.</p>

<p>yeah, except all of those target schools have a lot of higher ups at the firm, though the “tier one” firms in my list have a significant advantage in that department. </p>

<p>you may have some random deviations (ie goldman loves brown but some bb’s dont even recruit there) when you sum across the street, equal students really wont see that much difference, unless they are from absolute top tier target</p>

<p>and actually, looking back over my list, i’d probably put dartmouth as borderline between what i’ve labeled tier 1 and 2. the firm im interning at has a ton of dartmouth people and i’ve also met a ton in finance</p>

<p>Does stanford really do better than Yale in banking?</p>

<p>There seems to be less interest in finance at Stanford vs WHYP, and I’ve heard that many students there end up in west coast offices. Besides, isn’t stanford’s strength more in the engineering field? </p>

<p>Stanford is a fantastic school but, from what little I’ve seen, it doesn’t seem to be as represented on Wall St. This is obviously a small sample but my summer class at a BB only had 1 student from Stanford.</p>

<p>really? I was under the impression that yalies don’t care for banking much?</p>

<p>Yeah, Stanford and Yale aren’t big banking schools.</p>

<p>Stanford is popular with international relations and affairs, economics, and science… according to princetonreview.com. It’s a really great school.</p>

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<p>I feel like that’s an understatement ahhaa. ;P</p>

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Yeah I guess everyone already know how great of a school it is, I guess I was specifically speaking for that field of interest.</p>