Investment Banks' Favorite Universities

<p>Does anyone have a list of this? The consulting firms' favorite universities forum helped me a lot. I was wondering if I could get information on Investment banks as well. Thanks.</p>

<p>i would be interested in this as well...</p>

<p>$20 says it will be nearly an identical list with just more emphasis on the big b-schools like wharton</p>

<p>IBanks recruit far more undergrads than MCs. As such, their list of "strategic" or "core" campuses is probably a great deal larger. I'd say the top 30 or so BBA programs and the Arts and Science colleges of the top 50 colleges and universities (LACs and research institutions combined) all probably attract IBs.</p>

<p>There are obviously some campuses that attract more IBs than others. Wharton is the obvious the biggest shark, but even smaller programs like Lehigh and McDonough (Georgetown) attract a great deal of attention.</p>

<p>On the East Coast the Ivies and Duke...maybe some other places?</p>

<p>In my bulge bracket analyst class of a few years ago, the following schools (a lot of LACs and not very many business programs) were most represented:</p>

<p>Penn (almost entirely Wharton)
Harvard
UVA
BC
Columbia
Duke
Dartmouth
Yale
Princeton
Brown
Stanford
Georgetown
Cal/Berkeley
UTexas
Williams
Bowdoin
Colgate
Hamilton
Haverford
Cornell
Northwestern
NYU
Amherst
Middlebury
Colby</p>

<p>All Ivies + MIT + Top LACs + Duke</p>

<p>(pretty much your top schools - gee, surprise, surprise)</p>

<p>The_Prestige, why do you always leave out Michigan, which sends hundreds of undergrads to the top 10 IBs annually?</p>

<p>what about on the west coast (specifically california??!)</p>

<p>I left it out because no one from my analyst class was from UMichigan. In general, I've met more people on Wall St from UMichigan MBA than undergrad.</p>

<p>Gellino's list does not surprise me too much. I left the industry about 12 years ago. During my time there though, analysts that I knew, at my firm,came from :
The Ivy League Schools- by far the most
MIT
Some, but not all former seven sisters: Barnard, Wellesley, Smith
A few other high quality LACs- Amherst, Wesleyan, Middlebury</p>

<p>Firms varied somewhat in their hiring practices, and in their "pet schools".
There were a number of high-quality LACs that were in isolated locations, or were perceived as being anti- Wall Street, that we wouldn't visit. Not because they were "bad", just because they took too much time/effort, and not enough qualfied candidates per recruiting time invested. Unless a partner was an alum or something..</p>

<p>Another thing I've noticed on these boards is people now seem to be including in the catch-phrase "investment banking" all the activities that used to be called commercial banking, and even stock brokerage it would seem. These latter activities typically had much less snooty hiring practices, and hired from schools that the traditional investment banks didn't go to.</p>

<p>Back then retail brokerage firms would hire from some schools just for stock broker trainee positions, but not for traditional investment banking positions. So my point is, these firms have different types of jobs, and may not be recruiting for all positions at each school they hire from.</p>

<p>A list like post #6 seems like "the real deal" to me. But I've seen some other lists posted in the past that seemed a bit too democratic for accessing the snootiest jobs.</p>

<p>Of course times change.</p>

<p>Alex, how big do you think these analyst classes are? If you say the top 10 banks on average have 100 person analyst classes, that's 1,000 people. A few years back, I remember we estimated that there were 600 top tier IB analyst jobs; so I can't imagine it's grown that much higher. There's no way UMichigan has hundreds out of a group of 1,000, so either the analyst classes are way bigger than averaging 100 people, or UMichigan has nowhere near hundreds.</p>

<p>That's actually incorrect Gellino. More Michigan undergrads than MBA's enter Wall street each year. </p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm&lt;/a&gt;&lt;/p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm?StudentType=BBAGrads%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm?StudentType=BBAGrads&lt;/a&gt;&lt;/p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/ByIndustry.htm%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/ByIndustry.htm&lt;/a&gt;&lt;/p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/ByIndustry.htm?StudentType=BBAGrads%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/ByIndustry.htm?StudentType=BBAGrads&lt;/a&gt;&lt;/p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/ByGeographicRegion.htm%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/ByGeographicRegion.htm&lt;/a&gt;&lt;/p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/ByGeographicRegion.htm?StudentType=BBAGrads%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/ByGeographicRegion.htm?StudentType=BBAGrads&lt;/a&gt;&lt;/p>

<p>Keep in mind that only 1 in 4 Michigan undergrads who join MCs and IBs are part of the B-school. The remaining 75% are part of the College of Engineering and the college of LS&A. But the links above already prove beyond a doubt that more Michigan undergrads than MBAs join Wall Street elite IBs.</p>

<p>"All Ivies + MIT + Top LACs + Duke</p>

<p>(pretty much your top schools - gee, surprise, surprise)"</p>

<p>"The_Prestige, why do you always leave out Michigan, which sends hundreds of undergrads to the top 10 IBs annually?"</p>

<p>Because he's being rash and posting what he would like to believe, notice he left out stanford? Which is recruited MUCH more than over 50% of the ivies, also he left out northwestern, which is likewise, in addition to michigan. Funny though he included duke, to which all three schools mentioned above are preferred by most business firms.</p>

<p>You can't necessarily group all the ivies together as being regarded as the same because that is truly just not the case; cornell is not received the same as harvard.</p>

<p>Alex, I wasn't making any claim about undergrad business school vs any other school at UMichigan, nor frankly do I really care. And it's not incorrect that I've met more people from UMichigan MBA than undergrad in the jobs I've had. I don't know what the numbers are, although I'm sure you'll provide them to me, but since the undergrad class at UMichigan is probably so much bigger than the MBA class, it's not surprising in absolute number terms, although would doubt it's the case in % terms. Also, you never answered my question since you seem to be in recruiting of how large these analyst classes are these days. From what I've seen, many Stanford grads (half the ones in my class) choose a CA office rather than being in NYC, so that may be one reason the_prestige left them out. I've yet to meet anyone from MIT undergrad in any of my positions, but keep hearing about them. I wonder if there's been more a shift of them away from sciences into business jobs in more recent years? </p>

<p>I wasn't lumping the Ivys together, which is why I listed Cornell much further down the list than Penn (Wharton) and Harvard. These two schools alone were almost 20% of the class.</p>

<p>Duke, IMO, does exceptionally well on Wall Street.</p>

<p>obviously, it's duke, just not as well as HYPS Penn, Dartmouth, Michigan, Northwestern</p>

<p>
[quote]
Because he's being rash and posting what he would like to believe, notice he left out stanford?

[/quote]
</p>

<p>I have extensive Wall Street experience and have been successfully promoted at two bulge bracket investment banks - what kind of investment banking experience do you have?</p>

<p>^^ funny you have all that experience and here's me with none and my facts are more correct than yours</p>

<p>So, you have no experience. Thank you.</p>

<p>Notice how the majority of posters here who DO have Wall Street experience tend to agree with me when it comes to investment banking:</p>

<ul>
<li>Slipper</li>
<li>gellino</li>
<li>monydad</li>
</ul>

<p>Perhaps you should try and get some actual experience in an industry before trying to sound like an expert.</p>