<p>Undergraduate Programs
1. Penn (including Wharton)
2. Cornell
3. NYU (including Stern)
4. Duke
5. Stanford</p>
<p>Runners Up: Harvard, Yale, Princeton and Syracuse</p>
<p>Interesting...</p>
<p>"But a school could determine what kind of hedge fund job you end up in, HFObserver data shows. A closer look at 2011 senior hires found that 75% of those with Penn/Wharton, Yale, and Harvard undergraduate degrees are working as investment professionals (analyst and portfolio manager), the highest-payed jobs in the industry. About 60% of experienced hires with Princeton, Stanford and Duke degrees are actively investing, as are about half those with degrees from NYU. From there, the numbers drop off steeply in investing roles for graduates of Cornell (25%) and Syracuse (20%), as well as for Brown (33%) and Fordham (5%), which tied for tenth place in our survey."</p>
<p>MBA Programs</p>
<ol>
<li>New York University (Stern)</li>
<li>University of Pennsylvania (Wharton)</li>
<li>University of Chicago (Booth School of Business)</li>
<li>Harvard University (HBS)</li>
<li>Stanford University (GSB), Northwestern (Kellogg School of Management), Fordham University (Gabelli School of Business)*</li>
</ol>
<p>"Despite NYUs overall leadership, the MBA data show that to become an investment pro your chances may be higher if you stick to the Ivy League. HFObserver found that nearly all the graduates of second-ranked Wharton and fourth-place HBS hired into senior hedge fund/alternatives jobs in 2011 were hired into investment roles. For grads of other programs, the roles chosen were more diverse. About 60% of University of Chicago business grads hired in 2011 were working as investment professionals. NYU and Fordham grads were more evenly split between roles in marketing/IR, management/operations, and investing."</p>
<p>As someone who went to Syracuse for UG, no way in hell is SU a feeder for high finance. How is Cornell beating Harvard also. Completely ludicrous.</p>
<p>Read the article carefully. These figures are for people who have been hired to work in hedge funds…including those who are in support roles. And there are more Harvard grads in investment roles than Cornell grads.</p>
<p>When people say they work in a Ibank, hedge fund etc, don’t assume they are front office.</p>
<p>If you work in corporate development at jp Morgan and someone asks you where you work, do you not say jp Morgan?
Do you seriousl expect someone to immediately follow where they work with “but I don’t work in a revenue generating role?”
Your posts are usually spot on, but this has to be the dumbest post i’ve seen in a long time.</p>
<p>“When people say they work in a Ibank, hedge fund etc, don’t assume they are front office.”</p>
<p>This was the quote I was responding to. </p>
<p>If you work in operations at a bank you say I work for that bank and when people ask, you say you work in operations. You don’t tell people you work in Ibanking and then say, the operations side.</p>
<p>I am sorry, but if you go around telling people you work at a hedge fund and you do fund accounting, that is just a little misleading.</p>
<p>I am going to assume you misread everything, but if you didn’t, cool, just get ready to get ridiculed. I’ve worked in various roles within a couple banks and whenever I tell people where I work I am honest about it. Don’t try and play off being a banker or working at a hedge fund if you don’t actually work in the front office of those places or someone who actually does will call you on it and you will feel like a clown.</p>
<p>This I don’t get.
Suppose you work at D.E. Shaw in operations or another equally trivial position and someone asks you where you work, do you not say D.E. Shaw?</p>
<p>Or if you work at Goldman, and people ask where you work, aren’t you correct in saying “I work at an investment bank.”?
Note that you didn’t say you do ibanking, you just said you work at an investment bank.</p>
<p>Hedge funds, PE also have different support roles. That’s what the OP’s article was referring to. NYU may send more people to work at hedge funds, but Wharton has more people hired into investment roles, ie front office.</p>
<p>If someone says where do you work, you tell them the place you work at. When they ask what you do, you tell them the role you work in. </p>
<p>So if someone says “where do you work” and you work at DE Shaw in operations, you say “I work at DE Shaw”. </p>
<p>Listen, I know my statement might have come off as being pompous, but I am just trying to save you ridicule. I’ve worked in BO before and done stuff at a bank in a non IB role and you really don’t want to be telling people about your Hedge Fund or Ibanking gig unless you actually work in the front office doing those roles. </p>
<p>While you might technically be right in telling people you work for a hedge fund, you would be basically misleading people. When someone says hedge fund they think tons of money, trader, whatever. They don’t think $60K a year fund accountant. </p>
<p>Now that isn’t saying accounting or ops or whatever is not valuable or necessary, but it is just what people think. You should be proud of your career and what you do and know the value you provide. I’ve seen too many clowns talking big about their banking jobs or their hedge fund jobs only to realize they were not the front office guys people think about when you hear someone say those things. </p>
<p>Don’t be a poser guys, it just makes you look bad. Also, NYU and Penn are sending kids to the FO. Syracuse is sending kids to operations at a hedge fund or something like that. Two completely different universes. A Fordham MBA isn’t going to get you into banking either, unless branch manager or teller is what you call banking.</p>
Are you referring to me!!!
Are you not good at reading comprehension? Please point out the “ridicule”.</p>
<p>I am not a student nor a working stiff. I have plenty of experience in finance. My son is a 4th generation Wharton grad. He has worked in IB, PE and now in a hedge fund. All front office roles.</p>
<p>And I don’t look down on people who said they work in a hedge fund, or investment bank or private equity. Just talking about finance in general, I could tell whether they are in investing roles without actually asking specifics. I treat everyone with respect without regard of their income. It doesn’t matter to me whether they make 60K or 600K as long as they are honorable.</p>
<p>At Wharton, you meet a lot of people whose families are worth billions and you’d never suspect the extensive amount even after living among them for 4 years. They are that humble.</p>
<p>Relax buddy, I was referring to above. Regardless, if you go around telling people you work IN investment banking, but you in fact work in operations, eventually someone will call you on it and make you look like a jerk. </p>
<p>Why is this such an issue. It is like me telling war stories about winning the super bowl but being a Gatorade re-filler or something. </p>
<p>What are the best majors to get into hedge funds? I know it doesn’t really matter, but from a preparation
standpoint, which major/minor would best help you perform? </p>
<p>Depends where you go to school. If it is a top ranked school finance can work. technical subjects like engineering and the sciences can work too but you’d have to clearly show interest in the capital markets, which is obviously beyond the coursework.</p>