LAC to Wall Street

<p>these are the colleges i'm applying to:</p>

<p>middlebury
bowdoin
claremont mckenna
vassar
pomona
colgate
clark
bates</p>

<p>how easy/hard is it to break into investment banking/consulting from the above colleges(aka 100k a year) if i major in math/econ ?</p>

<p>thank you.</p>

<p>There is a difference between starting in banking/consulting and starting with 100k. Even the most exclusive banking (think Goldman Sachs, Morgan Stanley) and consulting firms (McKinsey, Bain, BCG) only pay 65-75k and you would be very lucky to get the 50% bonus needed to push you over. It definitely won’t happen this year and you would probably still be lucky to start with 100k by the time you graduate. I don’t know LACs well enough to rank these for you, but it will be difficult to start with 100k from anywhere unless you’ve got connections.</p>

<p>ok bunk the 100k. what about getting a 65-75k banking/conulting job right out of a liberal arts college. is it very difficult to do that from one of the aforementioned colleges ?</p>

<p>Colgate has a strong presence in banks. That does not mean the others don’t, I’ve just paid attention to info about Colgate.</p>

<p>The going rate for first year analysts at top BB’s graduating from undergrad is $70k w/ a 10k signing bonus. Apparently the signing bonus is a few k less than a year or two ago, so maybe it will increase this year or next.</p>

<p>I’m not an expert and do not work at a bank. I’m just relaying info I’ve heard, read and from personal experience.</p>