<p>i was under the impression that consulting firms were pickier with the schools they recruit from, until......</p>
<p>Northwestern, the school I attend, is extremely well recruited w. consulting firms, every top consulting to my knowledge recruits here, and this is confirmed by the career campus recruitment site where companies post interview dates and etc. However, what striked me as odd is that Northwestern, a very highly regarded school doesn't do as well w. banking, in which banks recruit from a larger range of schools. From my observations (looking at recruitment calendars), it seems as if the banking firms largely cater to schools that are in close proximity to it. For instance, on Morgan Stanley's website, I don't see Northwestern on there, but i see a ton of schools on the east coast, such as Suny bing, stony brook, bentley college, villinova. I guess my question is how do these places determine where they recruit. I know that Goldman Sachs, Lehman, JP Morgan, Merill Lynch, UBS, and Bear Stearns, and bank of America recruit here. But Morgan supposedly used to, but I don't see any postings from Morgan Stanley on the career site or on their campus calendar. The other notables that don't seem to recruit here are Credit Suisse. What you guys think? Do you guys think that I ruined my chances for a career in finance by going here, b/c I turned down Cornell and some other places (such as UChicago), which surprisingly don't do as well w. consulting, but seem to do better w. banking. idk, very confused!</p>
<p>Consulting is harder to get (3.5+ GPA) but banks are more prestige oriented (they bend towards the Ivies+). Don't worry, Northwestern is very much in the consideration set for banks even if a few firms don't recruit there.</p>
<p>"Do you guys think that I ruined my chances for a career in finance by going here, b/c I turned down Cornell and some other places"</p>
<p>no, you didn't ruin your chances at all. Though, I feel obliged to add that Goldman Sachs is the #2 employer of Cornell graduates, second only to the university itself with a few more of the big name IBanks following shortly behind. You certainly have a shot at many of the big banks, though you may have to put a little more effort into finding the jobs if some of the big IBanks aren't present on the NU campus. This is about it though, your resume will only be rejected if it's crappy, not because you're at Northwestern. </p>
<p>"Top Consulting firms have a larger pool of applicants since they recruit all majors."
this may be true to an extent, though I know a few people at Goldman Sachs that had various other majors such as english and hotel administration.</p>
<p>What does an Ivy grad who has never worked on an assembly line, built a house, fixed a car, solved an engineering problem, designed or produced a product, made a sale, managed a department, formed a business or met a payroll, or even flipped a burger consult about?</p>
<p>Its all about critical thinking. Ivy grads are hired for their ability to problem solve, and in the beginning stages firms understand that you're learning.</p>
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What does an Ivy grad who has never worked on an assembly line, built a house, fixed a car, solved an engineering problem, designed or produced a product, made a sale, managed a department, formed a business or met a payroll, or even flipped a burger consult about?
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What does an Ivy grad who has never worked on an assembly line, built a house, fixed a car, solved an engineering problem, designed or produced a product, made a sale, managed a department, formed a business or met a payroll, or even flipped a burger consult about?
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<p>Hey, if you don't like it, don't blame the Ivy league grads, and don't blame the consulting firms. Blame the companies that hire those consulting firms that employ those Ivy league grads. Those Ivy league grads and consulting firms are just taking advantage of a market that exists. They didn't create that market. It's not their fault the market exists. </p>
<p>Look, if organizations are going to continue to pay millions of dollars for consulting services provided by Ivy league grads who have no experience, then consulting firms are going to continue to hire those inexperienced Ivy League grads. So if you don't like it, take it up with those organizations who are willing to pay those fees.</p>
<p>NYC is a finance center. Therefore, IB/Banks located here will recruit here in the NYC Metro/Tristate area as well. Some very large companies such as GS and Citi will recruit nationally. </p>
<p>IB/Banks need to replenish the ranks every year due to turnover (for various reasons). Even after they hire from Wharton, Dartmouth, U Of C, there are still available jobs that need to be filled. That said, local graduates from Rutgers, SUNY, and assorted 2nd/3rd tier schools will place graduates into IB/Banking.</p>
<p>So, eventhough Morgan Stanley is not recruting at NW. You can still apply. MS knows that NW is a great school. No need to worry. If not MS, then try Lehman,etc.</p>