<p>I am an international newly admitted transfer to both schools.</p>
<p>My current major is EE but I want to go to Wall street. </p>
<p>Maybe I will dual major in EE and physics or math or maybe I will take a minor in economics</p>
<p>Which school is more popular to investment banks?</p>
<p>Will these IBanks show up in on-campus job fair and recruit someone like me with a major in EE or physics or Math?</p>
<p>Any comment will be appreciated.</p>
<p>Michigan is the clear winner where your interests are concerned. Vanderbilt is not a major target school for IBanks while Michigan is and its Engineering programs are much inferior to Michigan’s. </p>
<p>IBanks definitely recruit at Michigan (CoE, LSA and Ross), but most of their front office activity will take place at Ross. the CoE is recruited mainly for back office jobs. I know that the following companies either recruited at the CoE or extended offers to students at the CoE:</p>
<p>Bain
Bank of America
Barclays
Booz Allen Hamilton
Boston Consulting Group
Citigroup
Deutsche Bank
Goldman Sachs
JP Morgan
McKinsey
Morgan Stanley
UBS</p>
<p><a href=“http://career.engin.umich.edu/annualReport/Annual_Report0910.pdfEngineeringCareerResourceCenterAnnualReport2009-2010[/url]”>http://career.engin.umich.edu/annualReport/Annual_Report0910.pdfEngineeringCareerResourceCenterAnnualReport2009-2010</a></p>
<p>Bearcats can probably confirm that most of those IBanks do not recruot at the CoE for front office positions.</p>
<p>BAML - recruited COE for trading for the first year this year. Always recruited COE for technology. No recruitment in LSA as far as I know.
Barcap - recruited COE for technology. No recruitment for LSA.
Citi- Recruited COE for quantitative trading. Recruited COE for ops and tech. Recruited LSA for ops.
DB - recruited COE and LSA for all FO divisions. Schoolwide drop. A lot of COE for trading interviews.
GS- recruited COE for quant. recruited COE for credit risk, market risk, ops and tech. Recruited LSA for credit risk and ops.
JPM- recruited COE for tech. Recruited LSA for ops.
MS - recruited COE for quant finance.
UBS - recruited COE for equities trading. recruited COE and LSA for FI trading. Recruited COE for tech.
CS- Didnt see them this year but I interviewed for quant equities group and credit investing group under AM arm for junior internship. I forgot if I got it through COE or LSA recruiting.</p>
<p>A few more recruited for trading: BNP Paribas, RBS, RBC.</p>
<p>Non-investment banks but good shops that recruited COE for trading/markets front office positions
Jane Street Capital, T Rowe Price, DE Shaw, BlackRock, DRW, Chicago Trading Company, Optiver, Spot Trading, Jump Trading, Wolverine Trading
I interviewed with Two Sigma and Bridgewater but I dont remember if I got them through the engineering career center.</p>
<p>So for front office positions on the markets side, I guess COE does ok. On the private side (IBD), recruiting is non-existent.</p>
<p>I do think that for firms that recruits both COE and Ross for markets position, the average Ross kid would edge out the average COE kid (just because half the COE kids go into an interview not knowing what the freaking dow jones is at), but the top COE kid would always beat out the top Ross kid (let’s say both kids are equally interview-savvy and know the market like the back of his hand, the COE kid would outshine the Ross kid based on the sheer (perceived) quantitative ability, and also the flexibility (a COE kid can be placed in most types of desk, but you would be very hesitant to put a BBA kid on a exotic structuring desk).</p>
<p>sry about textwall</p>
<p>When you say they recruit from LSA, that’s for only Economics and Math majors?</p>
<p>I’m fairly sure it’s for all majors. Though majoring in Economics signals interest in finance, and I’m sure majoring in math and getting a good grade will set you apart and get you noticed.</p>
<p>Thank you for all the posts. Michigan seems to be a better fit.</p>
<p>I am curious about hedge fund/private equity recruitement.</p>
<p>Anyone shares any information?</p>
<p>Private Equity is usually a career you pursue after you’ve already had some experience working for in banking or consulting. Perhaps this has changed, but most companies hire very few analysts from the undergraduate level. For the hedge fund world it’s different just because of the immense diversity of funds. However, you could land some sort of gig in asset management/hedge funds if you pursue a CFA. </p>
<p>So I guess at this level don’t worry about Private Equity, and if you really that know you want to work in either asset management or at a hedge fund, then go for a CFA.</p>