<p>it would be 60 out of class of maybe 400 finance majors. Why would marketing and management majors be looking for IB jobs, also. I've talked to people from Kelley, and a lot of people, don't want IB jobs, or even know what an analyst is. I bet if there was more awareness, Kelley could increase that number probably 30 to 40%.</p>
<p>I highly doubt that. If you ask me, they look specifically at the very best and out of those very best (3.75+ GPA) they only end up with corporate finance jobs, which are much more different and easier to get than Sales and Trading. My source for this answer is Liar's Poker by Michael Lewis, he basically talks about the difference between the two for like 2 whole chapters of his book because they are very different.</p>
<p>The workshop is exclusive to finance majors.</p>
<p>Okay and only 40 out of 60 were in the workshop so that means that 1/3 of these people were maybe non-finance majors.</p>
<p>The point is here, UPenn is in a different stratosphere, thats obvious. But, IU is sufficient is you want to get an Ibanking job, and are CAPABLE. Even if you don't get an ibanking job at Kelley, you get a good job, rather it be in Big 4, Consulting, Fortune 500, top regional companies, some of you guys don't realize the quality of IU, 82% of there graduating class had job/grad options already lined up, at some some universities, like the one I'm at, most companies don't even recruit. Thats why I'm transferring to IU, because they placement rate overall is excellent.</p>
<p>Then I bet they were accounting majors.</p>
<p>Yes, I agree that placement rate is good, but in no way can you say that placement rate is better at IU-Kelley than at Umich(Ross) and NyU(Stern) and UT(Mccombs) when it comes to INVESTMENT BANKING, which is what this thread is about.</p>
<p>Even with Investment Banking it still suffices.</p>
<p>no one said it is better than ross or stern or ut, which are the other power house placers, all that was stated is that they are at similar levels, more specifically right under wharton and harvard when speaking of total number placed. The percentages may be different, but that is obvious if you look at the admission standards at IU vs michigan and nyu. This forum is meant to help people interested in ibanking and if they have the drive and interest to get into ibanking they will definetly have the same opportunity to get there if they work hard as if they did going to the other powerhouses, because they are at the same level in placing. Also, everyone speaks of the percentage or total from each school, but their is no exact quota system that says oh we can only take x number from y school and so on. This is exemplified by IU's placement change over the last two years from about 4 or 5 to 60, so that means if more students are interested and realize IU can get them there if they are determined just as well as the other guys (mich, nyu etc.) the placement levels will continue to rise. Also you bring up sales and trading again, but not everyone wants to do that, and even at the best school for ib, wharton, the majority taking ib jobs are going to corp. fin. position which include debt/equity issues, m & a and so forth, so that is not a gauge to determine the ability to place in ib.</p>
<p>Like wise the number of finance major who go into IBanking at IU is around 10%. 40 students out of a class of around 400. How much is it for say UTexas?</p>
<p>if u got to the utex career website its gives that 13% of the 455 students accepted ib positions so roughly 59 placements. <a href="http://fcc.mccombs.utexas.edu/employers/bba05_salaries.asp%5B/url%5D">http://fcc.mccombs.utexas.edu/employers/bba05_salaries.asp</a></p>
<p>My point proven exactly, there is a 3% difference which is a lot and this is overall and not just honors kids. As you noticed IU-Kelley mostly sends kids into Ibanking from their workshop, but texas sends kids into Ibanking from almost any business field.</p>
<p>Yea, 3% is a lot. C'mon.</p>
<p>uhyea: yeah its interesting how people here look down on Bear Stearns (only 2 people took offers there last year)...people also seem to kind of look down on Citigroup as it's really easy to get a job at citi (at wharton at least), they give so many offers it's ridiculous...i literally know many people with citi offers who have a gpa of under 3.0...like 2.7/2.8 gpas. last year it was the largest employer with 36 accepted offers...everyone here is after GS and MS.</p>
<p>At IU, is it super hard to get into the IB workshop?</p>
<p>you need to have like a 3.75+</p>
<p>Thats do-able.</p>
<p>pre-med wannabe, r u kidding me, now your just going into the tiniest details possible, 2-3% is not much at all and the raw numbers are exact, and your point is not proven by that. The kids not all being honors is not relavent, no one said that the iu kids were all honors students. I'm sure much of the texas kids had gpa's that made them elligible and members of the honors program, actually I am positive they had very high gpas to be able get into ib. Also almost all of them are finance majors, otherwise they would probably not want to be going to ib. and tripperian the ib workshop is not your only option, they started an ib seminar that starts senior year which is a two month intensive ib prep and interview prep, about 19 kids got placed from this into several bb's in their first year of operation and the only requirement for this is a 3.5. This is where much of the expansion in placement is going to start since the mentor of the workshop can only develop a certain amount of people.</p>
<p>Oh cool thats good to know about the ib seminar. But would it be better to try to get into the workshop instead?</p>
<p>Ok so I guess the real question is not how much better does IU place kids in IB than Ross, McCombs, ect but how much better does IU place than the average state school.</p>
<p>If I (and it dosnt seem that hard) get into IU Kelley (assuming not much of a scholorship/fin aid) would it be worth it to go out of state to Kelley than stay in AZ (or whereever you guys are from) and go to the state school. I know that from ASU and U of A they each placed mabey one or two guys into BB bankning but really almost no one at those schools wants IB or even knows what it is. </p>
<p>So would IU Kelley give me an advantage (worth the cost of OOS tuition) over ASU/U of A which would probably be close to free?</p>
<p>(Although I want to go out of state at this point I am deciding if its worth the money for IU)</p>