<p>Does anyone have any insight/statistics as to how well Chicago undergrads do when it comes to being recruited to Wall Street? aka: Goldman Sachs, McKinsey, Lehman Brothers, etc...</p>
<p>Thanks!!</p>
<p>I don't have any statistics, but I can tell you anecdotally that Chicago has a way with recruiters all across the board, especially for economics majors, because the school is known for its rigor, challenge, and intensity. My friends who are econ majors and who have done well in classes and through recruiting all have major internships set up for the summer, though my friends are more on the finance end of things (Citibank, etc.)</p>
<p>Though this school is strong for recruiting, it's not the determining factor as to why students come here. We don't have a "history" of getting kids into firms, nor do we grade-inflate or do something to make everybody look a little more polished. You come here to work, to be challenged, and to be enlightened; to learn how to read, write, and think. If you're interested in a comprehensive education alongside a career opportunity, Chicago's a great school. If you'd rather just focus on career, I think you might be happier at a school like... Penn, maybe? :-P</p>
<p>I'm not sure this is exactly what you're looking for, but here are some numbers from 2004 graduates. 21% of students responded to the survey.
[quote]
The four organizations that employed the greatest number of 2004College Graduates:
The University of Chicago 14%
Teach for America 3%
J.P. Morgan 2%
Peace Corps 2% </p>
<p>The most frequently selected job types:
Banking/Brokerage/Securities/Investment 21%
Teaching 13%
Research Sciences 11%
Consulting 6%
[/quote]
</p>
<p>From what I know, JP Morgan, Citi, Goldman Sachs as well as a couple of law firms (Kirkland and Ellis and Baker and McKinsey, IIRC) recruit on campus. The recruiting isn't as heavy as it is at Penn, obviously, because percentage wise there are fewer pre-professional students, but that doesn't mean if you are one of those kids your chances are any lower. Any top econ/math/finance program as well as good internships will net you a good job. Harvard, Penn, Stanford, Pton, Northwestern, Yale, Princeton, MIT, Duke, and even some top publics all probably do pretty well in terms of I-Bank placement. The main thing is getting good internships. I don't know how well the University does in helping place you in good summer internships (I know the Ivies do a lot)</p>
<p>The CAPS office is a great resource of summer internships and other career questions for students who seek them out.</p>
<p>According to the Jeff Metcalf program, there are 45 internships at top ten investment banks this summer (Goldman, Morgan Stanley, Credit Suisse, JP Morgan, Bank of America, Citigroup). It should be noted that there are other non-Metcalf interns.</p>
<p>Also, the last edition of the Maroon had an advertisement which listed the names of twenty-two UChicago students working at Credit Suisse this coming year (10 graduates full time and 12 interns). A prior Maroon issue this spring had a JP Morgan ad listing 11 full time employees for the current year.</p>
<p>Thank you all! This info was enormously helpful/comforting.</p>
<p>Also, the alumni presence in those firms is pretty enormous, and the school offers a lot of resources for job connections, contacts, etc. One of my friends is a first year whose brother works for Goldman Sachs, and they have him on heavy recruitment projects at UC quite a bit.</p>
<p>PennPenn, from what I've learned, I-banking/finance recruitment is on two tiers:</p>
<p>At the top is Harvard, Yale, Princeton, and Wharton.
Then comes the rest of the Ivies (Dartmouth, Penn CAS, Columbia), Duke, Chicago, etc.</p>
<p>So Chicago is definitely a great school for people going into finance! Also, Chicago grads are probably highly sought after in the Chicago area too, along with Northwestern grads.</p>