<p>well to be honest ibanking and consulting are the two career fields that i am interested in so i really don't care if sdsu is ranked #5 in accounting or #10 in international business.</p>
<p>Sure SDSU seems to have a niche in the accounting field but so does Cal poly pomona in hotel management (ranked #2 i believe?).</p>
<p>Outside of Chicago GSB, Columbia, Fuqua, Darden, Havard Business School, IESE, Insead, Kellogg, London Business School, MIT-Sloan, Stern, or Wharton...if you are trying to get an i-banking or consulting job by purely banking on your degree, you will be **** out of luck and I would just find a good business school and quite frankly SDSU is a good business school.</p>
<p>Consulting does NOT need you to be at a school with an UNDERGRAD business program. If that were the case then Caltech, Stanford, Brown, Dartmouth, wouldn't be highly recruited schools. All they care about is that you go to a top school, are a top student there, major doesn't matter but majors that require analytical skills and quanitative skills are a plus (Econ, Engineering, physics), and last but not least that you are articulate and have excellent communications skills (ie can't be a pure book nerd). </p>
<p>For Ibanking, you still left off Michagans Ross school of business and Berkeley's Haas. In fact, this year Citigroup hired about 15 from Penn, 8-10 from Berkeley, 5-6 from Texas McCombs and even some randoms like 2 from SMU.</p>
<p>A CFA doesn't mean **** for Ibanking if you don't go to a least a reputable school. Maybe a smaller Ibanking firm might not care if you went to SDSU but not the top ones. </p>
<p>Geographic location for Ibanking isn't really an issue, many top schools aren't in NY anyways. Top firms are willing to go to top schools regardless of location if they believe that their is top talent there.</p>
<p>CFA is for financial services such as stock broker or investment management, not ibanking.</p>
<p>ibanking firms want smart people and what better place to look for them than in the nations top colleges? Sure there may be smart kids at SDSU or UCR but its much harder to find them as they are few and far between. </p>
<p>and ibanking firms also recruit at UCLA and USC.</p>
<p>"CFA doesn't mean **** for Ibanking if you don't go to a least a reputable school."</p>
<p>I think anybody who is somewhat reasonable and knows about the CFA would think that was a foolish statement, so I suppose you've proved my point. Not many of these young kids who seem to think the CFA is for stock brokers.</p>
<p>like i said, it was my mistake. and i agree with nextmikesays because most ibanking candidates get recruited right out of four year colleges with NO CFA certificates.</p>
<p>Citigroup hired more but, it was like 2 from yale, brown, etc....the clusters from certain schools was what I was mentioning. </p>
<p>It's not impossible to get a job in ibanking or consulting from UCR or SDSU just very highly improbable. If you networked right, you could still get an interview. However, since you will be interviewing with many people in the firm who went to top schools coming from a lesser school they will skeptical of your academic rigor. Even if you had top grades, you still are competing with people who had them as well but went to top tier schools. Firms recruit from schools for the level of student talent since most programs teach the same core classes. Since firms train anyways, they just need to make sure they have smart kids from where they recruited. The differenc between the material from top schools to mid level ones is nearly identical with selectivity being the main difference. They don't have time to waste looking at resumes from students from non top tier schools because they don't want subpar students who can handle the advance analysis that they need. So the school is really just a weeding out factor, then comes GPA so the weed out the "best of the best".</p>
<p>They seem to hire kids directly who had internships with them (which are essentially from the top schools, they recruit from). They recruit at the top schools, because they know they're smart, I don't think the academic rigour has anything to do with it. The principles of Finance don't change. But they hire from the internships, because they seem to know they'll be teaching them more in those three month internships then they'll learn in their four year programmes.</p>
<p>Exactly. They recruit at those schools because they know they have the smart kids and they know that those schools are competitive and will only look at resumes of the top students GPA 3.5 and up to even give a chance to interview. That's why my friend who was an engineering major at Caltech was able to land an investment banking analyst position at Credit Suisse. They do hire a lot of internship analyst but often times analyst will leverage an offer they received from their internship firm against other firms they are interested in.</p>