Why does everyone sh*t on Kelley?

As the tittle suggests, why do people shit on Kelley? It seems like a great place, and is ranked pretty well too. I understand its no UNC or UVA, but for people with subpar ACT/SAT/GPA, is there any better school?

 

Bottom-line is it’s overhyped. You’ll hear kids comparing it to Ivy’s (unironically). Also, personality and “interesting”-factor of IBW kids are null. Not a bad place to be to place into finance though, for certain.

 

Lol you're getting MS for suggesting that maybe getting into an institution that judges you based on SAT scores and GPA might be correlated with how smart you are. Now that's laughable.

 

IBW aside, you're going to have a hard time placing. If you can get into the program, it's a great way to break into the industry. Going to place nearly 80 kids this year, with many heading to EB. They don't really crack the big 3 BB, but the Moelis/PWP pipeline for them is pretty solid every year with a few diversity candidates cracking Evercore a year

 

Go on linkedin for 5 minutes and you'll see it's the case. And yeah, it's a great option. Benefits of a big ten party school with centerview and moelis coming to campus recruiting lol.

 

So in your opinion, one could still make it to a top MM if they weren't in the IBW? 

 

This is pretty spot on. Since the banking program's creation in the mid 2000s it has slowly climbed to being an amazing feeder to wall street each year. Cannot speak to outside the IBW, but the amount of kids trying to join the program each year is climbing. Not an insane process, keep your grades decent and connect with a few upperclassmen. 

 

I keep hearing people claim that IU is for super fun cool kids who party all the time yet I have literally never met an IU grad who fits that description. 

Also lol you compared IU to Stanford

 

That's simply not true and a quick LinkedIn search would show that...I'm at JPM and there's one IU kid in my whole analyst class, unless you're counting MO/BO.

Also, looking at absolute instead of relative numbers is retarded.

 

LMAO same I got into a few schools and am deciding if I should go to Kelley

 

The dick sucking by IU students here is incredible. You’re actually comparing it to top schools. God, this is so harmful for any HS student reading this thread.

 

My perception of IU Kelley kids over the years is generally along the line of someone out of state with well off parents who didn’t get into an Ivy / better school (let’s say Cornell) for the private school investments parents made or home state school in Midwest was too hard to get in / expensive (Michigan tough, UIUC expensive) but parents had enough money to send them to IU. They show up at IU, the program preps you earlier than a kid at Brown majoring in who knows what and given you are from well off from family you check the typical likeable boxes. There is also a loyal alumni base through both undergrad and MBA that helps you with recruiting. The combination of those 3 works out well and boom you are a summer analyst in NYC. I know couple of dozen IU kids but saw maybe one from actual state of IN over the years. 

 

Worked with my fair share of IU Kelly folks over the years and they have all been pretty solid, maybe not as "smart" as the Ivy Leaguers but generally hardworking, enjoyable to be around and driven to succeed.  Is IU Kelly the best school out there, of course not but it has a solid pipeline to wall street for a school that is not that hard to get into and is generally fun.  Debating the individual placements I think is a waste of time, its pretty clear that going to IU being in Kelly and in one of the various programs gives you a pretty good shot at landing a solid front office gig.    

You are totally right about the type of people who go there, they very much target a certain type of kid not just academically but socially (most of the kids I knew who went there would not have fit in real well at Michigan).  They also get a ton of kids from other Big 10 states who do not have as strong state flagships (Ohio, Wisconsin, Minnesota)  My cousin went there and graduated in the mid 2010s, I went and visited and most of the guys he was friends with were the same (the girls I met were mostly not in Kelly).  From a major metro area in the Midwest (it seemed like there was a bit of a divide between them and the east coast kids), played a real varsity sport (football, baseball, hockey, basketball, soccer NOT tennis or golf) in HS and was pretty good at it and tended to lean a bit more conservative.  They all were social and liked to have a good time but they approached college as a means to an end and knew they were not really there to learn but to do what needed to be done in the classroom and in networking to get the job they wanted and they knew going in that there was a very set path for them to do it.  They market the shit out of the this "path" (Direct admit to the business school, one of tailored programs to a top job, etc) to the parents and they eat it up and will gladly pay out of state rates for their kids to go and I would argue its worth it.  My cousin was getting a scholarship that made is tuition somewhere between the out of state and in state rate, not sure how common that is but from what I could gather most kids were not taking out loans to go there.  

What IU has done is a pretty great way to "improve" the student body and to attract more out of state kids.  Other large state flagships should be all over this as well especially ones with proximity with the really HQ publics.  Penn State is starting to do this a bit and should be doing it more, they should be all over the group of kids from tri-state area who can't get into Ivies who want to go a fun school that will set them up for a good job after.  I'm not totally sure how IU got Kelly and the various programs off the ground but I imagine Penn State could copy the playbook with a bit of work.  The people coming through these programs tend to do well professionally, remember college fondly and most importantly donate.                  

 

Kelley is great, and it doesn’t matter what anyone else thinks. FWIW my MMPE firm would much rather hire a kid from a middle class midwest background at Kelley than an east coast legacy at Brown/Cornell/etc. Avoiding indoctrinated SJWs,  entitled brats, and legacy-admits is good firm strategy in the long run. 

 

If you’re going to stereotype all Ivy kids as legacy admits, it’s only fair to stereotype Kelley kids as too dumb to be accepted into other top schools.

I’m not shitting on Kelley, but your reasoning is shit. How tf did your room temperature IQ land a job at a PE firm?

 

I’m a senior investment professional at a private equity firm who graduated from HBS. I think that’s all I’ll say about my IQ. And I’m sharing insight into how my firm makes hiring decisions. Based on your comment history you’re a banking analyst? Why don’t you hold your comments until you have some actual experience and something of value to share with this community. Your personal attacks and trolling these boards make this community worse off. 
 

As to why we hire the way we do: PE firms don’t hire anyone who is dumb. It’s easy to filter for that, and the top 1% at Kelly has plenty of horsepower. And if we were looking solely for  intelligence we wouldn’t hire kids from Brown, Cornell or UVA anyway, we’d hire from MIT and CalTech. That’s not what we’re looking for. What is harder to measure is personality, fit, passion and drive to succeed over the long term. There’s no SAT score for that. In addition to being smart, my firm wants good people that are desperately hungry for success, and appreciate the opportunity we give them. We try to avoid hiring entitled legacies, although we will take a flier here and there. We have a strong preference for normal, well-rounded upbringings, kids who have overcome adversity, and those for whom private equity provides a life-changing opportunity. 

 

I think the IBW is only open to UG students-  can anyone else speak on this? 

I have seen some Kelley MBA's on linkedin working as associates at boutiques. Im assuming that it would be possible to break in due to the vast alumni base Kelley has to offer and the lower competition MBA Associate positions have compared to UG Analyst positions 

 

Sint quis cum fuga iusto fuga culpa neque sapiente. Sit molestias quas et voluptatum aliquid repudiandae. Et accusamus et sunt voluptatibus.

Vero dignissimos et consectetur molestias dolores accusantium accusantium. Voluptas labore sequi ea vel ipsa. Cumque assumenda distinctio blanditiis voluptas. Laborum facilis est a officia libero quod dolorem. Saepe repellat facilis quibusdam exercitationem dicta reiciendis. Aperiam corrupti cum veritatis est sint odit.

Officiis sed atque et facere a qui autem. Ut vel sed rerum aut voluptatum reiciendis et. Nesciunt accusantium earum odio earum autem repudiandae.

 

Sunt vel dolorem est non delectus neque. Ipsum voluptas occaecati magnam sit numquam ea consectetur. Assumenda est dolores iste ad suscipit ut. Recusandae rerum expedita facere maiores consequuntur.

Architecto qui in incidunt sint occaecati. Quia in sed qui architecto fuga id. Et repudiandae aperiam suscipit deserunt. Quo sed qui tempora culpa. Id consequatur et eaque qui dicta eius.

Repudiandae nam quia natus sequi numquam dignissimos. Minus odit facere sit incidunt eaque dignissimos voluptas sequi. Sunt doloribus eos nihil nihil tenetur deserunt fuga. Suscipit autem voluptatum voluptas reprehenderit molestiae.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”