Notre Dame --> Investment Banking?

<p>If I distinguished myself at ND (3.8 gpa w/ econ and math major) could I get a job in ibanking? Do ibanks recruit at ND?</p>

<p>If you distinguished yourself anywhere, you could get a job in ibanking - its just a lot harder. No, from what I have read, banks do not recruit at ND. Try reading some investment banking forums to get a better idea of what analyst "classes" are made up of (TheVault, ibankingoasis). </p>

<p>but from the numbers i have seen, ibanking analysts are heavily ivy league and top usnews business programs (Stern, Ross, come to mind). You'll see the occasional non-target school kids (state schools, etc) but they are rare and far between. You cannot hope to be the exception, especially when these kids may have connections to the banks themselves (daddy getting them a job, etc).</p>

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No, from what I have read, banks do not recruit at ND.

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<p>then how on earth is ND's business school so highly ranked?? It is ranked even higher than Stern and Ross, which is recruited much more heavily than ND? Surely if BW ranks it THAT high, then there have to be atlease minimal recruitmend at ND</p>

<p>That's what I was thinking, especially w/ the A+ career services rating and the list of students going to goldman, lehman, jp morgan, morgan stanley, etc. While this list is not as high as a umich or a cornell, its still impressive enough to indicate that ibanks do recruit there. Perhaps, the ibanks that recruit at ND are almost exclusively outside of NYC, think Chicago. That's why its ibank recruitment is so down-talked on these boards: its represented at ibanks in other cities,just not nyc, which is the most critical for ibanks. I dunno, just a theory.</p>

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then how on earth is ND's business school so highly ranked?? It is ranked even higher than Stern and Ross, which is recruited much more heavily than ND? Surely if BW ranks it THAT high, then there have to be atlease minimal recruitmend at ND

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<p>Are you serious? BW is a joke for rankings...there are UG rankings that show indiana > princeton/harvard/yale. Is that true? Hell no. ND doesn't have a good business school (look at usnews, the rank that really matters). </p>

<p>Can you get IB from ND? Yes, you can get it from anywhere. Will it be hard? Yes.</p>

<p>Search</a> - Business - Best Graduate Schools - Education - US News and World Report</p>

<p>Ranked in the mid 30's. Outside the top 10 and it becomes harder to get into IB even from b-school, outside the top 25 and it becomes insanely hard. You can pick w/e ranking you want but the fact of the matter is that where IB's recruit is closest to the usnews rankings.</p>

<p>Sure, Mendoza is an alright business school. But you have to remember that finance is only one small aspect of business. Marketing, executive management, corporate development, managerial leadership, accounting, advertising, etc. are all business disciplines. Investment banks don't care about any of these programs. </p>

<p>While Mendoza is an okay school, it certainly isn't recruited to the extent that quagmire and joker, high school kids, make it seem like. BBs recruit heavily at the M7 schools: Harvard, Chicago, Stanford, Wharton, Columbia, Kellogg, and Sloan. Tuck and Yale SOM are recruited to a lesser extent. An MBA from Mendoza is laughable joke compared to an MBA from any of these other schools. </p>

<p>It's even WORSE for undergrads at ND. </p>

<p>Joker, your theory is wrong.</p>

<p>I feel I should point out that in a conversation I had with an MD working at a bulge-bracket, he said that ND is a "considered" school by that particular bank.</p>

<p>In other words, they are given more consideration than most schools are, but are no where near as recruited as the top targets. Notre Dame is a semi-target.</p>

<p>If you have a 3.8 with an econ and math major, I would find it hard to believe you would not be granted at least some interviews.</p>

<p>On a side note, the alumni network is probably fairly decent on Wall Street from Notre Dame, and I would guess the school has a lot of pride and camaraderie (AKA alums tend to care about prospective students).</p>

<p>considered =/= semitarget. At all.</p>

<p>I actually wasn't asking about grad, just ug.</p>

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It's even WORSE for undergrads at ND.

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<p>How's your reading comprehension, joker?</p>

<p>its pretty good: 33 ACT reading. My statement was not intended for you. It was intended for lax who posted an mba link. Thanks for the chauvinistic and snide insult though. I can easily tell you are not a grad of ND.</p>

<p>BusinessWeek rankings are not very well respected by most people. </p>

<p>BusinessWeek</a> 2008 Undergraduate B-School Rankings are Out! | WallStreetOasis.com</p>

<p>Although it isn't a guarantee the people there are bankers, a significant portion of them are, and the consensus is that the rankings are BS. If you really look at iit from an objective point of view, their rankings really make no sense at all - forget that you're so gung-ho about notre dame, and take a real look.</p>

<p>BYU over NYU Stern and one behind Michigan Ross? A good 5 rankings ahead of Haas? Please.</p>

<p>ND at #3? Cornell jumping 10 ranks in one year? Emory at #5 ahead of michigan, MIT, NYU Stern, UBerk Haas?</p>

<p>Uh huh.</p>

<p>edit: i realize this is for business as a whole, which includes accounting, etc. but using these rankings for ibanking or management consulting is unreliable. USNews is much better</p>

<p>I seriously don't think that BYU, Notre Dame, and maybe even Cornell deserve to be on the top 10 for undergrad business....and also, Carngie Mellon should seriously not be as low as #22...who here agrees?</p>

<p>Tepper is definitely a great business school. I agree with your other sentiments exactly: although cornell is an up and rising business school, it doesn't deserve to be in the top 5 yet. maybe 10.</p>

<p>To say that Mendoza is just "okay" reflects a great deal of ignorance about our business school program. Those of you who criticize it based on the rankings of our graduate program forget that Notre Dame's mission is focused on undergraduate education. I am a finance major at ND, and I can assure you that the top investment banks most definitely recruit here, as I have personally spoken to representatives from Goldman Sachs, UBS, and numerous mid-market firms. I am not trying to bash those of you who were criticizing our program; I just think the things you have heard through the grapevine are not based in reality.</p>

<p>Investment banking jobs are hard to get no matter where you go to school, but to imply that going to Notre Dame puts you at a disadvantage is ridiculous. Our school is extremely well respected for producing ethical young men and women with excellent problem solving and communication skills, and if you take advantage of the opportunities here and make excellent grades, an ibanking career is a realistic possibility.</p>

<p>thanks for the encouragement ewswim. If you're not a senior, I'll see you in the fall.</p>

<p>Going to ND certainly does put you at a disadvantage. It puts you at a disadvantage when you're up against Harvard Econ and Wharton Finance majors. BBs are going to take targets over non-targets 100% of the time, ceteris paribus. I don't disagree with you that a career in investment banking is a "realistic possibility" but it sure isn't the slam dunk you make it out to be. A 3.8 from ND is a half-court shot compared to the layup that is a 3.8 from a target. FACT. Just because Goldman and UBS recruit there for backoffice positions doesn't mean that "most investment banks recruit there." ND simply doesn't have the same opportunities for banking that targets have -- stop trying to argue it.</p>

<p>I will admit that my wording was not very clear when I said going to ND does not put you at a disadvantage. When I said that I was not contesting that going to ND puts you at a disadvantage compared to Wharton or Harvard; I was replying to the general tone of previous posts that implied Mendoza is an average program. Also, nowhere in my post did I say or imply that it would be a slam dunk; I clearly stated the opposite. Of course Harvard will win over ND, ceteris paribus; however many ND students distinguish themselves in other ways. We are not the same type of target as Wharton, but I can definitively tell you that most investment banks do recruit here, and unless you are a Notre Dame student or ibanking recruiter and know firsthand, I do not think you are in a position to state otherwise.</p>

<p>aworld, I suggest you listen and be more courteous.</p>

<p>emswim, you are right. </p>

<p>To the original poster, if you really love ND, go there. Two reasons:</p>

<p>1) You are not screwed for recruiting as some may make you believe. There are people who get I-Banking jobs from less prestigious schools than Mendoza. Also, as I mentioned before, I'm sure the alumni network on Wall Street is legit. </p>

<p>2) For all you know, you may not even want to do investment banking a year from now. I came into college "knowing" exactly what I wanted to do with my life. Boy did that change quickly. </p>

<p>As I said before, if your heart is with Notre Dame, that's your best choice.</p>