<p>All Ivies are definitely targets. Dartmouth is especially strong in business (at least in finance, Dartmouth is right below HYP Wharton in terms of the proportion of people sent to Wall St).</p>
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<p>You’re disagreeing with the person that’s actually worked there on what basis?</p>
<p>I’m not really sure where you get the idea that HYP send the highest proportion of people to wall street either, but regardless, it really doesn’t relate at all to management consulting.</p>
<p>^Generally schools that are Wall Street targets are management consulting targets as well. Both industries are prestige driven and associated with the Ivy League, with summer analyst programs and established undergrad hiring programs.</p>
<p>My source is <a href=“http://www.dartmouth.edu/~csrc/pdfs/07stats.pdf[/url]”>Center for Professional Development;
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<p>Lobgent, that was incredibly informative. Is there a certain prestige level that comes with the territory? For example, would it be considered more prestigious to get an offer for the NYC office vs. the Houston office?</p>
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<p>I was under the impression that the applicant pool was pretty self-selecting. I was looking at a Big 4 website not too long ago (either KPMG or Ernst & Young), and it didn’t list any internships/OCR positions on its site, and instead asked you to contact your campus recruiter. Wouldn’t the kid who really wants to work at KPMG be more likely to go on their site and apply versus the kid who only sent in his resume because the university career site had a direct, upload your resume and you’re good to go link to the job? Or do schools, B-schools or otherwise, select their top students and send them to the recruiters?</p>
<p>Not going to belabor the point, but I’ll just reiterate that not all the Ivies are targets and that some state flagships are arguably better than privates for recruiting at some of MBB’s regional offices. For some evidence, you can look to Bain’s website, which points out that there is currently no “specific recruiting process” for Columbia or Cornell (I’m linking the page which talks about Columbia): [Join</a> Bain & Company: School welcome > Bain on your campus > Apply to Bain](<a href=“http://www.joinbain.com/apply-to-bain/bain-on-your-campus/school_welcome.asp?school_id=105]Join”>http://www.joinbain.com/apply-to-bain/bain-on-your-campus/school_welcome.asp?school_id=105). </p>
<p>[Also, the link terenc posted is for the Class of 2007, which graduated into the best economy in the last six years - a time when firms could afford to hire huge analyst classes. When the financial crisis hit, MBB downsized their on-campus recruiting programs, abandoning formal processes at several semi-targets. If you look at the report for Dartmouth’s Class of 2010, for instance, you’ll notice neither BCG nor McKinsey is represented on the top employers list, although Bain and Oliver Wyman are: <a href=“Center for Professional Development”>Center for Professional Development][/url</a>]</p>
<p>Smorgasbord: Depends on how you define prestige. A plurality of students are gunning for spots in the major cities, so if by “prestigious” you mean “competitive,” then I think it would be fair to say that some of the big offices have an edge in that arena (though I would mention that the bigger offices also tend to hire more people, so in the end, getting the one spot in the small, regional office might actually be harder). Also, if you’re looking to exit MBB into a financial services gig, then yes, it might have been better to spend two years as an analyst in New York than in Houston. But that’s not so much related to prestige as to the fact that you’re much more likely to be interacting with banks as clients in New York than in Houston, where energy is king. Furthermore, clients (and the general public) will simply look at you as an MBB employee, not an MBB-(insert city) employee. The prestige of the firm will follow you whichever office you’re affiliated with. This is particularly true in consulting, where you’ll be away from your office 4 days out of 5 anyway.</p>
<p>Not sure what you mean by the point about self-selection?</p>
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<p>Don’t the kids who want to work at MBB apply by actually going to their website and filling out separate forms versus the kids who use a Common App-like school career site to apply to several jobs at once? It’s like someone applying to Georgetown and taking extra time to work on a separate application instead of just hitting ‘submit’ on the Common App.</p>
<p>Many of the top consulting firms (and investment banks, for that matter) require applicants at target schools to submit a separate application through the company’s website. One of the reason firms do this is to discourage exactly the kind of haphazard resume-dropping you’re alluding to, although I’m sure it still happens a lot, since the online application process is not exactly a high “barrier to entry,” if you will.</p>
<p>@lobgent: Fair enough, but also consider that companies are ramping up hiring such that the class of 2015 and 2016 will more likely than not be graduating into a stable, growing economy.</p>
<p>Even considering that Bain, for example, does not have a dedicated process for Columbia (assuming this means no on-campus interviews?), I think it is misleading to call these schools “non-target,” because it has a connotation of “difficult to break into MBB.” If you have a good GPA from Columbia and you submit an application online, you almost certainly WILL get an interview. Whereas at a “true” non-target university like… UC Riverside or something, you probably won’t even get an interview even if you had a 4.0</p>
<p>Terenc
You haven’t even started college yet.
You have absolutely no work experience.</p>
<p>It’s bad enough that you are giving people “advice”. The fact that you are arguing with people who have actually worked in the field you are discussing is even worse.
It’s great that you’re trying to help out, but repeating things you read on WSO as fact is probably not your best move.</p>
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<p>I doubt this entirely true; there are impressive people everywhere.</p>
<p>angryself, I don’t know what’s all the fuss you’re making.</p>
<p>I’ve already conceded that lobgent is right that 2007 was a strong economy (whereas now is weak), that some Ivies do not have OCR, etc… I only added on some small and logical objections about how it’s misleading to call Columbia a non-target in general, even though it is a non-target for some firms.</p>
<p>The reason I give advice is because 95% of questions (across the entire board) can be answered with some online research and logic.</p>
<p>I would hope that you can detect the meta-irony in my commentary on management consulting. :)</p>
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<p>From someone who interned at MBB last summer and will be starting there in the fall, this is completely false. Having a good GPA from a pure target (like Penn, Harvard, Princeton) does not guarantee you an interview. I went to one of the aforementioned schools and know of many people with 3.7+ GPAs who did not get interviews with any of the top 3 firms.</p>
<p>Breaking into MBB from a non target is extremely difficult. Recruiters go through thousands of these types of apps so you have to really stand out (beyond just having a good GPA, SAT scores) to get an interview. </p>
<p>Also, lobgent is correct that some large public schools do better with MBB recruiting than some ivies. For instance, in my intern class, there were 3 students from Michigan and 0 from Dartmouth, Cornell, and Brown.</p>