Business-only schools offer great i-bank recruiting?....surprisingly not

because they are not hard to get into, like an ivy. therefore they are not target schools for BBs.

As a student from Bentley,

The reason as to why BB do not recruit here is frankly, because our academics are poor. Our strengths are not finance at all, but rather merely accounting. Which sadly, is not rigorous nor, does it compensate well.

You have to realize that the students here is what makes your school recruited or not. I was dismayed my first semester, which sadly was also, this semester... of the caliber of the students here. Many sophomores, even juniors, would not be able to tell me the difference been a stock or a bond.

Students here are concerned with merely alcohol, which I can understand for freshman, but for senior graduates that are not able to differentiate between State Street and Goldman Sachs is, sadly, widespread across the board.

That, is why BBs do not recruit here. Frankly, I don't blame them. It makes it harder for me to land an internship, but, in all honesty, I wouldn't want to work with an average student here either.

Because the students there are fucking dumb compared to the students at, say, Dartmouth.

damn....relax yall...if somebody pays and goes to a certain school, they have a right to say whatever they want about it...isn't it more annoying when ppl that don't go to a particular school bashes on it?

case in point...have u ever met ppl from uchicago? ppl there either love it or hate it...personally i loved it but plenty of ppl wouldn't go back if it was the last college on earth...then again, that's why the graduation rate is so low...cuz most ppl just transfer out if they hate it...

that said, in response to the OP, in JPM's 2005 class (1st cycle), babson had the 6th most analysts, which was more than places like harvard, northwestern, princeton etc..that doesn't necessarily mean its a target school, but ppl there do get into ibanks i suppose...

speaking of top schools, is there much recruiting at yale? i have met very few yalies in the biz

Thanks for all the viewpoints, but kidxiao, the analysts from Babson were at JP Morgan. I'm not trying to raise any controversy but according to many on this forum JP Morgan would not be considered a top BB.

When I talk about the top BBs I'm referring to Goldman, Morgan Stanley and some others perhaps a bit lower than absolute top, but still good BBs such as Lehman, Credit Suisse, Merrill etc...

It is quite sad that people from those schools think they are going to a top-notch undergraduate business school where recruiters would slave over, but the truth is Babson and Bentley are not even close to being on the radar screen of most BBs. These business-only schools are comprised of business students that don't know as much about finance or i-banking in general as a top lac student or even an ivy-league liberal arts major.

Indentured I would transfer immediately in order to try to get to a target school or a school where more BBs come to recruit.

vadremc, What I can't understand is your need to attack immediately. Frankly, I'm not attempting to start a flame war. You, however, have attacked immediately. The issue that I’m still continued here is because my certain undergraduate college was able to entice with me quite a large amount of money. If I transfer now, considering, it will be costing me an extra 30k a year for anywhere else, my options are rather limited.

I can’t agree with most of your post, but I’m sure in most arguments, you could have won by countering with “what have you done then?” – I realize that my undergraduate school is not the best, however, if you knew me personally, you would have known about the help that I’ve tried to give. I’ve explained what the industry is numerous times to my peers and explaining the need for a high GPA to enter the industry coming from our college. I’ve tutored and reviewed various papers to help students out, but explaining more to a keyboard warrior would be much of a waste of time.

You think not being realistic with the truth the BBs will ever recruit here? Give me a break. Your usage of anecdotal evidence, a TV show at that, is absolutely ridiculous. Goldman Sachs didn’t get where they were by being “laid-back” with their layoffs, nor did Blackstone get to where they were by hiring idiots who couldn’t face the truth. “If you were an MD” – That’s really great. I’m sure I’ll keep that in mind that the MD-Keyboard Warrior says I won’t be able to make it because of my ability to realize truth.

Note- you did not see me criticize the friendliness or sociability of the students here. Rather, it was motivation and intelligence in which I found lacking. Unfortunately, that are also one of the two most valued traits I find necessary.

Whether or not you know this, I did the IB thing at a BB a year ago and left to work for a Hedge Fund.

Let's keep this as a civil discourse between two individuals from two very distinct schools of thought. I'm merely saying that I was unaware of the reputations concerning these schools, however when I hear a soon to be alum speak negatively of the institution, do you think that helps or hurts your cause? What about eventual graduates who may want to break into the industry like yourself but have an ALUM who is being counterproductive with their indelible remarks made about the institution?

I don't know anything about these schools, but when I hear this, it somewhat obstructs my inclination to give everyone a fair opportunity to prove themselves given that now I would be more critical of these students' quality of candidacy.

Yes you are correct, you did not criticize the friendliness or sociability of those students, but as you mentioned, you did encroach upon their intellect and questioned their work ethic. These are two things to which myself and individuals of similar viewpoints find highly reproachful and when those views are developed, are almost irreparable.

And another thing, the "keyboard warrior" thing was cute. I almost like it, but I dont. Spare the adolescent insults and let's just hold a discussion. Good Luck.

Maybe I phrased it incorrectly. It may not be knowledge, but they sure don't place as well in ibanking.

That was my point.

look man, i don't really wanna argue w/ anybody either about what's considered a "top" BB or "top" anything...that's an endless and pointless subjective argument that nonetheless ppl still choose to engage in, along w/ what's the top b-schools and all that other junk... on your point that JPM isn't considered a "top" BB by the "experts" on this board..there are some bankers on this board but the majority sound like prospies who ask questions that the same bankers answer, but let's just assume that everyone on here knows exactly what they're talking about (i've worked at 2 BBs but i don't claim to know the final truth on the industry landscape or anything)...i'll just put some numbers from thomson and leave it at that...globally in 06, jpm was #2 in debt, #6 in equity, #4 in M&A...the firms you mentioned were lehman(4,9,8), Credit Suisse(8,7,6) and Merrill(6,5,5)...now i won't say jpm is "better" than any of them, but how you or anyone else would justify your statement i'd be interested to hear... i hate talking abt reps, but let me just say this...lehman and merrill have good reputations (btw my gf used to work at merrill and she hated it), but if u think credit suisse is more of a "top" bank than jpm, then that's nuts...when compared w/ its swiss comp UBS, credit suisse is clearly the inferior one...

and to all the prospies...it's nobody's choice but yours which firm you go to, if u go into ibanking...some choose solely based on reputation, and i would say that is a flawed choice, but that's just my opinion...i went to a school where the ibanking dream is so pervasive it's scary...i interviewed w/ pretty much every single bank on the vault top 20 and so did most of my friends...2 close friends of mine turned down GS for lehman and jpm..the MS guys i met were some of the biggest dicks i've ever seen...i chose based on the ppl that i met and culture, and whatever happens down the line in terms of career options, i'll let my abilities do the talking...

I might not be an "expert" as you put it... But you worked at two BBs I got offers from Tennenbaum, Oak Tree, Silver Lake and Leonard Green.

I probobly know a little about what the fuck I'm talking about.

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let's just clear the air real quick...what the fuck? "I probably know a little about what the fuck I'm talking about"? ohh ok you dickless moron...what's the point in sounding like a douchebag? it's like you're going through what i said and trying to make it something personal, even though nothing i said is a response to you...like i give a shit about your PE offers...what kind of loser feels like respect comes from other ppl when he rattles off the names of some PE firms?...i believe i was discussing the firms...you made it into a discussion about you and your bsd...have some fuckin humility... everybody knows that league tables can be manipulated any which way, but u can't manipulate yourself into the top of year end global league tables having done jack shit...i guess we'll just have to rely on your "non-expert" expert opinion than any official stats...

and i like how you give an example of how firms sneak in league table credit for a deal they didn't actually work much on, but it has nothing to do w/ JPM... look...i'm not saying jpm is anything special, but not in top 10?...u can't be in on hca, and do the biggest M&A in asia (lg card) last year and just "push paper"...jpm cazenove is pretty damn strong in europe too...

it's the way they are constructed. For example, in Harrah's UBS was the sole advisor to Harrah's, but JPM was on the financing and claimed credit for the M&A even though they were like 6th or 7th on the deal. Other banks claimed credit in similar ways.

What BB M&A is saying is that JPM would be given equal credit as UBS in the league tables for that scenario. UBS did all the work for one whole side. JPM didn't do anything other than give the group a better price on the financing.

I'm not going to argue the merits of JPM, it's pretty clear how most full time bankers think about the firm in terms of M&A prowess. This is the reality of league tables - they are simply void of pure correlation to fees or actual level of involvement in deals. Also, look how JPM M&A places as compared to other top M&A groups - it's not all that impressive. Great bank, M&A isn't their strength however.

I go to Bentley and I am a summer at Citi. No amazing GPA, 3.2 and I did not have any great connections. I just got on the phone and talked to as many banks as I can. If you work hard at it you can get there. And as for Bentley, there are advantages to the school, i.e. the trading room. There are great programs that you can hone your skillset on and this will really help out your resume and interviews.

While it may be more difficult coming from certain schools ... one is never "locked out" of banking based solely on their school.

Also, Babson and Bentley don't promote I-Banking as much as schools like Wharton which in turn places the students at an even greater disadvantage. However, there are plenty of Bentley and Babson students working at BBs and other banks. Like any other student at a non-target, they are the ones who went the extra mile to land themselves positions.

If anyone from Bentley is reading through these comments, I suggest you bust your ass and get a job in the trading room. You have to learn the programs to get a job but everyone working there receives offers from BB's

people on this board seem to place too much emphasis on school. granted, coming from hbs, wharton. et al one stands a much better chance than coming from a non-target, however, there will always be the determined individual (such as our friend from Bentley pointed out above) who make their own way into banking based solely on hard work and credentials.

i have a friend who is an MD at Bear. He went to a mid-level state school. go figure

yeah but it's bear...haha