Pages

7/1/08

Hi, I'm going to be applying to college this fall, and I've already done quite a bit of research on where I want to go, but I was wondering if there was a general consensus list of target schools that Investment Banks recruit from? I know that I want to go into Investment Banking, so if there was a list of preferred schools for that career, I would certainly consider that when eventually sending out my applications.

Comments (218)

7/1/08

I think Ivy's, Stanford, Duke, NYU, UVA, UMichigan are all safe bets for recruiting opportunities (not sure about MIT). UChicago and Northwestern are also decent. Rest depend on the firm

The WSO Advantage - Land Your Dream Job

Financial Modeling Training

IB Templates, M&A, LBO, Valuation.

Wall St. Interview Secrets Revealed

30,000+ sold & REAL questions.

Resume Help from Finance Pros

Land More Interviews.

Find Your Mentor

Realistic Mock Interviews.

7/1/08

Top target: Harvard, Upenn, Yale, Princeton, Cornell, MIT, Duke, Stanford, Darthmouth, Brown

Second target: UChicago, NYU, Michigan, Northwestern, Williams, and so on

caveat:Tried to put this roughly in order and include the huge ones but i'm not in the mood to give an actual 'comprehensive list'...

Basically, its a straight prestige ranking with a few differentiating factors. Ex: Upenn is higher than the rest of the iveys except Harvard only due to factoring in Wharton. Stanford isn't as high due to being on the West Coast and the fact that students there are not quite as IB-hyped as east-coasters.

Go to the most prestigious school you can if you're determined to go into ib.

P.S. Not to attack you personally but I find it sad that someone who hasn't gotten into college yet is already determined to be a banker. You should at least get into college before you're corrupted by greed and all that.

Maybe banking is becoming like medicine or law now. Pretty soon 8 year olds will all want to be bankers.

7/2/08

you have things a bit mixed up (at least by this year's placements).
Top: Wharton, Harvard, Princeton, MIT, Cornell, Duke, NYU, Stanford, Columbia, Yale, Brown, Dartmouth
then there are the rest. its mainly dependent on the networks at the individual banks but these are the top ones, roughly in order though not exact.

1/19/16

Thanks for calling me a kid, I would much enjoy being able to relive my childhood and college years. Also, I hope when you're applying to Ivy Leagues and "2nd tier targets that are not Ivies", you won't write questionable phrases like "how pathetic is your time" and "lol kid you are such a bitch" on your essays. Speaking of those essays, I suggest your write about your excellent research skills, humbleness, and ability to keep your cool when facing criticism.

6/29/16

2.

1/19/16

Whoa there kiddo. I catch one whiff of that attitude in an interview and I'll ding your ass faster than you can say no offers. In fact I did it the other day, kid was flawless, but just something seemed boorish about him. Oh wells, another one for the rubbish pile.

1/19/16
Mephistopheles:

Whoa there kiddo. I catch one whiff of that attitude in an interview and I'll ding your ass faster than you can say no offers. In fact I did it the other day, kid was flawless, but just something seemed boorish about him. Oh wells, another one for the rubbish pile.

Kids these days don't realize how often during OCR they screw themselves with their attitude alone

7/2/08

they basically get cut first when there's a downturn. plus, you're expected to bullshit 'internships' at banks during the year to be competitive. basically, getting coffee. with every single person there gunning for investment banking, 'placement' is fuzzy

also, brown? uh. i think some places skip them altogether (at least we did)

7/2/08

Agreed. In the end, the reason why schools become "target" school is because they have strong alum representation and great yields from offers to acceptances. One of the non-BB non-U.S. banks recently dropped my alma mater (as classified above a "supreme" target) from their 'target' school list simply because they were only able to convert 1 out of 7 or 8 offers into accepts.

although i'm sure it differs from bank to bank, mine even "tiers" out the different levels of target-ness. So we have "core", "targeted", "reference", "non-targets" and "special" (study abroads and SEO is lumped here). Certain schools this year fell from "core" to "targeted", whatever that means. Basically, I think it's like the recruiting efforts are just halved but they definitely still interview. They just might not do on-campus presentations often/workshops/etc.

7/2/08

How much of a target is Northwestern?

I've noticed that its included on some lists but not others.

7/2/08

The NYU comment is simply not true. every bank goes there, and students get placed in everything from GS to Lazard (people I know). It is very much so a "target" school.

I am not an alumni and have no bias.

7/2/08

Though I will agree about the need for externships during the year. One of the benefits (or drawbacks) about going to school in the city. Some people will do them, so o remain competitive you should to. It is def. not required though.

7/2/08

If you go to Northwestern, have a good GPA, add some decent ECs and internships, you'll have no problem finding a job at a bank. Maybe not BB or maybe you have to work in Chicago instead of NYC, but its a quality school nonetheless. Plus they have Big 10 sports and it's 5x more fun than UChicago, if you are thinking of going to one of those schools. UChicago is a dead zone for fun and good looking women.

7/2/08

All the BB's recruit at NU, so id say its defnitely a target. But there are significantly less NU grads getting offers for BB IB in NYC. For Chicago banks, NU/UChicago are golden... despite UChi being more highly ranked these days, I think they are equally well-regarded in terms of IB recruitment across the board. Undoubtedly, NU people are more laid back and easier to get along with than your average UChi weirdo.

7/3/08

Fact: NYU has the 4th most interns at GS firmwide out of any school. So you basically are a fucking idiot

2/12/10
McGyver:

Fact: NYU has the 4th most interns at GS firmwide out of any school. So you basically are a fucking idiot

Of course NYU has an enormous amount of interns firmwide. Stern is a decent accounting school and it's 15 minutes away from headquarters/ 30 minutes away from Jersey City. So it places a lot of people in controllers or other groups in federation (non-revenue generating).

2/13/10
AnonymousDude:
McGyver:

Fact: NYU has the 4th most interns at GS firmwide out of any school. So you basically are a fucking idiot

Of course NYU has an enormous amount of interns firmwide. Stern is a decent accounting school and it's 15 minutes away from headquarters/ 30 minutes away from Jersey City. So it places a lot of people in controllers or other groups in federation (non-revenue generating).

I've never met anyone from NYU with so much school spirit....

7/3/08

Wow... that escalated quickly...

NEVER lose your BlackBerry
www.convisoft.com

7/3/08

Fact: Bears eat beets.

Stern seems to get a lot of hate on this board. Not sure why. I'll be going to NYU in the Fall, but I just transferred in so I really don't know why it has a less than great reputation. Any comments why?

7/4/08

Brown is NOT a top target, it is the lowest of the Ivys. Arguably it should not even be an Ivy.

Stern is not that overrated and during a downturn it is not the first one cut. It is very seldom do companies cut schools for recruiting.

7/4/08

The Ivy League is an athletic conference-nothing less, nothing more.

Still pissed about your rejection?

________________________________________o__________________________________________
"Now that my friend is a clear cut case of him or me. And you best believe it ain't gonna be me."

________________________________________o__________________________________________
"Now that my friend is a clear cut case of him or me. And you best believe it ain't gonna be me."

7/4/08

What type of Bear is best?

To include Cornell but not UofM-Ross is a crime. You're basically saying BSC didn't have that bad of a year.

Seriously though - all the Ivy Leagues, Stanford, Northwestern/UChicago are great.

For state schools once you get past UM-Ross, UVA, and Cal-Berk, the drop off is significant.

7/4/08

________________________________________o__________________________________________
"Now that my friend is a clear cut case of him or me. And you best believe it ain't gonna be me."

________________________________________o__________________________________________
"Now that my friend is a clear cut case of him or me. And you best believe it ain't gonna be me."

7/4/08

This may sound like an obvious question. But are these target schools for undergrad or MBA?
Thanks

7/4/08
crackedeggshell:

This may sound like an obvious question. But are these target schools for undergrad or MBA?

undergrad. all target undergrads have "target" (M7) MBAs as well

ordell robbie:

The Ivy League is an athletic conference-nothing less, nothing more.
Still pissed about your rejection?

i think you misunderstood... im pretty sure tbroker didnt get rejected anywhere :-) and he's right about brown/cornell being "lesser" ivies, that's common knowledge.

7/5/08
pedigreed monkey:
crackedeggshell:

This may sound like an obvious question. But are these target schools for undergrad or MBA?

undergrad. all target undergrads have "target" (M7) MBAs as well

ordell robbie:

The Ivy League is an athletic conference-nothing less, nothing more.
Still pissed about your rejection?

i think you misunderstood... im pretty sure tbroker didnt get rejected anywhere :-) and he's right about brown/cornell being "lesser" ivies, that's common knowledge.

How do you know where the fuck this dude did or didn't get rejected from?! Quit the dick riding for five minutes and realize how stupid you sound.

I don't give a shit about where you rank these schools, but when you say some dumb shit like "they shouldn't even be considered Ivy league," you're going to be called out on it.

________________________________________o__________________________________________
"Now that my friend is a clear cut case of him or me. And you best believe it ain't gonna be me."

________________________________________o__________________________________________
"Now that my friend is a clear cut case of him or me. And you best believe it ain't gonna be me."

7/4/08

M7 - I've seen this term thrown around; what does it mean?

10/22/08

M7 = Magnificent 7

It consists of the following graduate business schools:
Harvard
Stanford
Penn (Wharton)
MIT (Sloan)
Columbia
Northwestern (Kellogg)
Chicago

Apparently the deans of these seven business schools meet on a recurring basis.

Founder, Volunteer Forever
http://www.volunteerforever.com

7/4/08

Brown is not good for IB, unless maybe lots of kids turn offers down to go to San Fran and hippy out for a while

7/4/08

Thanks pedigreed monkey for answering my question.

What is the general path that someone would follow in order to get into IB? At what point in college would they try intern, what is the position that people try gun for to start off in the industry, do most people go from completing their undergrad right into starting their MBA etc.?
Thanks

7/30/08

Get into the best school you can thats closest to New York and I think you will be fine

7/30/08

Just my two sense, all of the ivies are great, I don't know about all the criticizing of 'lesser ivies' as any of them will give you great chances at IB/consulting etc...

Some of them might be less recruited, say Brown, but probably because less people from the school intend to do ib, and from what I know, I'd say it is even easier to get into IB from a school like that since you're not competing with as many from your own school and the recruiters will still think well of you (especially with the Ivy pedigree, if they have one of their own)

So please don't criticize Cornell or Brown because they are school with sub 20% acceptance nowadays I believe... hell eh.

7/30/08

What about Illinois? Is that no longer a semi-target college?

7/30/08

Any top 15 school is good

Ivies
Stanford
Duke
MIT
NU
Chicago (ugh...)
West Point (after military service)
Other such schools

8/1/08

What about the Kelley school of business at IU

10/21/08

To speak subjectively, I believe NYU students stand to benefit from the market downturn. While banks across the board are cutting costs by not racking up exorbitant travel expenses to visit schools such as Duke and Cornell, many find NYU a mere subway ride away. This year, we've had a number of BB, pretty much every single top boutique, and even a couple top buyout funds come to campus. I'll acknowledge that during a good year, the top targets (a la Harvard/Wharton) will send a greater absolute number of people into front office positions, but during a down year such as 2008, NYU's proximity to many a company's headquarters positions it attractively with regards to campus recruiting.

2/12/10

IDK if its a sleeper but I know Boston College sends atleast 15 to the street at BB's

2/12/10

Williams/Amherst should be included on the list of target schools, not semi-target.

I can only speak for one of the two, but at that school the list of BB's recruiting on campus for FT/SA were:

Morgan Stanley
Goldman Sachs
JP Morgan
Citi
Barclays
DB
Wells Fargo
Lazard (Not BB, but top boutique)

In addition there were a number of MM and boutique banks on campus as well as other financial service companies (hedge funds, etc). Also, it is relatively easy to break into the three BB's that don't come to campus (UBS, CS, BAML) there are atleast 2 kids going to these firms every year by utilizing the alumni network.

It is relatively easy to secure a position coming from Amherst/Williams because the pool of candidates is very small (small schools combined with a small number of people interested in finance). The lack of competition coupled with an extremely strong and supportive alumni network make these two schools great choices for breaking into banking.

Example: A top tier (GS/MS/JPM) firm came to campus and explained that they would take at least 1-2 interns from the school (Amherst/Williams) and only interviewed 12 people on campus. 1 or 2 out of 12 aint bad odds...

2/12/10

It might be considered bad odds if that means hundreds of kids get 12 spots which lead to 1 or 2 out of hundreds

2/12/10
skyblue:

It might be considered bad odds if that means hundreds of kids get 12 spots which lead to 1 or 2 out of hundreds

That's the point, there aren't hundreds of kids. If you go to an undergrad b-school then you're going to be competing against 100 kids from your school for the 12 first round on campus interview spots. At these schools you're competing against... 25 for those 12 interview spots?

2/12/10

SA hopeful is right, a top LAC is pretty good for recruitmen too. I know Williams/Amherst/Pomona/Claremont get some action and many kids there are not interested in finance, which is good for competition sakes.

Meanwhile, I know Stern sends a good amount of kids but Stern is HUGE. Plus you are competing against basically everyone who wants a BB front office job and I know for a fact many are disappointed.

2/12/10

You have to make sure IB is something that you really want to do because if you end up in a target school the competition will be intense. Most BB interview around 24 candidates at my school but over 200 people drop for those positions, half of whom has relevant internships during sophomore year and/or 3.8+ GPAs.

I knew these kids since freshmen year, every major decision they make is geared toward banking or S&T, by the time they are juniors even their breath begins to smell like a pitchbook. If you are SURE that this is something you want then prepare to rush through the crowd with a tunnel vision, and you will most likely succeed, regardless of which target or semi-target you choose.

3/8/10

Is Carnegie Mellon's Undergraduate Tepper School of Business a target school?

5/8/10

This thread has been done to death.

3/8/10

ND?? Troll.

3/8/10
3/8/10

That's your proof? You're a joke and a half. If ND sends more kids to top firms than Harvard, I think that would be common knowledge. Furthermore, they're placement ranking is the same a a bunch of schools (a+)

3/8/10

Go on a companies career website and see what schools they go to during recruiting seasons.

3/8/10

ND is the best. Look, let us think about this logically shall we. You guys all say that Wharton has the number one business placemnet, even beating Harvard. So then, if ND beats Wharton, then it obviously beats Harvard, Yale, Princeton and like schools also based on YOUR "facts"

ND has been proven to be better than MIT Sloan, Haas, Wharton, and Stern.

ND has the No. 1 Student satisfaction and it burried Sloan and Wharton and Haas in sending kids to the top jobs (Big 4 Accounting firms). Harvard's placement to PWC does not even TOUCH ND's.

ND is no.5 on the recuiter surver, only a handfull of school: Seattle (Albers), Hawaii (Shidler), MIT (Sloan), and ND's closest rival Virginia (McIntire) beat it. But it beats out Wharton, Stern, and Haas!

So Shut up ! You obviously have no idea what you are tlaking about. Perhaps you should consider transferring to ND from Harvard or wherever you are; who knows, you may get lucky and get it. Fighting Irish !!!

Don't take my word for it either! The most reputable business magazine on earth, Businessweek, is the one that compiled these rankings not me. Go here to check them out (You will see everything I said above is accurate):
http://bx.businessweek.com/business-school-ranking...

3/8/10
empirestate:

ND is the best. Look, let us think about this logically shall we. You guys all say that Wharton has the number one business placemnet, even beating Harvard. So then, if ND beats Wharton, then it obviously beats Harvard, Yale, Princeton and like schools also based on YOUR "facts"

ND has been proven to be better than MIT Sloan, Haas, Wharton, and Stern.

ND has the No. 1 Student satisfaction and it burried Sloan and Wharton and Haas in sending kids to the top jobs (Big 4 Accounting firms). Harvard's placement to PWC does not even TOUCH ND's.

ND is no.5 on the recuiter surver, only a handfull of school: Seattle (Albers), Hawaii (Shidler), MIT (Sloan), and ND's closest rival Virginia (McIntire) beat it. But it beats out Wharton, Stern, and Haas!

So Shut up ! You obviously have no idea what you are tlaking about. Perhaps you should consider transferring to ND from Harvard or wherever you are; who knows, you may get lucky and get it. Fighting Irish !!!

Don't take my word for it either! The most reputable business magazine on earth, Businessweek, is the one that compiled these rankings not me. Go here to check them out (You will see everything I said above is accurate):
http://bx.businessweek.com/business-school-ranking...

Never in my life have I witness such an immature, little baby such as yourself. Where are your comprehension skills? You started this pissing match in an old thread and I see you revive a month old thread just to prove you misguided point. Business week is not ranking schools based on target or anything else. It is based on student rankings. ND students are very happy with their school. That is all this is saying.

Rankings change year to year and are arbitrary and worthless. Let me give you some advice, learn to relax and get over yourself. Finance is a small world with many individuals in it. One day you might get an interview with someone that went to ND or any other variety of schools. Stop worrying about where your school ranks or how this school is better than the next and try judging people based on their efforts and achievements.

3/8/10
empirestate:

ND has been proven to be better than MIT Sloan, Haas, Wharton, and Stern.

empirestate:

burried Sloan and Wharton and Haas in sending kids to the top jobs (Big 4 Accounting firms). Harvard's placement to PWC does not even TOUCH ND's.

empirestate:

most reputable business magazine on earth, Businessweek

OK so it's a troll, but it is mildly amusing at points.

- Child Please.

3/8/10

That guy is definitely an ND Troll.

3/8/10
aquamarinee:

That guy is definitely an ND Troll.

He is being sarcastic. He says he goes to Haas, but I think he goes to Wharton. He was bitching in another thread about how ridiculous the rankings are, etc. Just doesn't understand that not everyone wants IBanking and how the rankings are compiled. End of the day who cares where you go to school.

People like this kid are going to have serious issues working under someone who didn't go to a "target". He will probably refuse to take orders from the UMich associate on his 1st day or work because someone so unworthy doesn't have the right to order a target kid around. Really bad mindset to have.

3/8/10

Wow so he really just has nothing better to do with his time!

People like this kid are going to have serious issues working under someone who didn't go to a "target". He will probably refuse to take orders from the UMich associate on his 1st day or work because someone so unworthy doesn't have the right to order a target kid around. Really bad mindset to have.

That's assuming he even gets into IBD in the first place...

3/8/10

There is no way this kid goes to Wharton; if he did, this ranking would not bother him at all. Wharton would never admit such an insecure tool. I have a feeling he does not go to Wharton or Haas. In fact, I have a feeling he is trying to make Haas (or possibly Wharton, who knows) look bad. This whole thing is very toolish and arrogant.

empirestate,
When you get to your interviews, if you get to your interviews, remember this: your school won't mean shit, it's what you do that matters. With an attitude like yours, you're not going anywhere.

3/8/10

ND is for nerds, those kids live in the dorms 4 years

3/8/10

adapt or die,

Duke students live in dorms for 3 years, although your junior year you can be on "central" campus which is basically on campus apartments.

3/8/10

^^ Duke is also for nerds ;)

3/8/10

Dear ND troll,

King Kong > Chimp

Businessweek ratings are flawed because they focus on stuff that doesn't matter.

The WSO Advantage - Land Your Dream Job

Financial Modeling Training

IB Templates, M&A, LBO, Valuation.

Wall St. Interview Secrets Revealed

30,000+ sold & REAL questions.

Resume Help from Finance Pros

Land More Interviews.

Find Your Mentor

Realistic Mock Interviews.

3/8/10

How are these threads always the most popular? It's like weeds (not the type you smoke or the MILF weed show) but the annoying kind that keeps popping up in gardens.

ND, in my humble opinion is more known for their accounting undergrad business program. Being based so close to Chi city. This might have changed. Good school and the Fighting Irish and top-notch accounting program.

To previous poster. CMU places decent in BB, though Semi-target at best as far as I know. Though more so in Trading, Forex, Quants, etc. type of roles. Citadel, Jane Street, etc. I think some BB do recruit for IBD, but not many from what I know of, and not the highest tiers, GS/MS/JPM. I think it's a solid school for aspiring traders (Tepper) not so sure for IBD.

If the other poster, EmpireState.... does not go to Haas and lies in an anonymous online forum just to get his/her jollies on. You're lamer than an US prez in his 11th hour in Office. Piss off. I appreciate this site for honest answers and insight from people in different industries that are for the most part very driven and well aware of the "inside story" instead of the BS spun by media and companies.

-----------------------------------------------------------------
Hug It Out

3/9/10
Ari_Gold:

How are these threads always the most popular? It's like weeds (not the type you smoke or the MILF weed show) but the annoying kind that keeps popping up in gardens.

ND, in my humble opinion is more known for their accounting undergrad business program. Being based so close to Chi city. This might have changed. Good school and the Fighting Irish and top-notch accounting program.

To previous poster. CMU places decent in BB, though Semi-target at best as far as I know. Though more so in Trading, Forex, Quants, etc. type of roles. Citadel, Jane Street, etc. I think some BB do recruit for IBD, but not many from what I know of, and not the highest tiers, GS/MS/JPM. I think it's a solid school for aspiring traders (Tepper) not so sure for IBD.

If the other poster, EmpireState.... does not go to Haas and lies in an anonymous online forum just to get his/her jollies on. You're lamer than an US prez in his 11th hour in Office. Piss off. I appreciate this site for honest answers and insight from people in different industries that are for the most part very driven and well aware of the "inside story" instead of the BS spun by media and companies.

From a class of 80 something 2 undergraduates from CMU went to Goldman Sachs and 1 went to Morgan Stanely. CMU is definitely a target for IB but I'm not so sure about consulting.

3/9/10

Patel.

Cool, thanks for clarifying. I didn't know CMU Undergrad B-school was that small. And I always thought it was more quantitative focused program. And the friends of mine from CMU in banking are all traders, a few at Jane Street, etc., and 1 IBD at lower BB. This was based purely on my own knowledge and reputation of school. Didn't know they sent 2 to GS and MS IBD from UG. Thanks for heads up.

-----------------------------------------------------------------
Hug It Out

8/28/10

What about schools like UMIAMI in florida or UWASHINGTON in seattle or USC in socal or UNC or UVIRGINIA or UCBERKELEY

8/28/10

someone lock this

10/29/10

I know everyone will probable think I am crazy for saying this but I believe Rutgers is a great school for Banking. It is definitely on the rise. The business school us getting more difficult to get into and more and more companies are coming to recruit. I am currently a student there and see much potential...I see many students and alums in IBanking positions as well as S&T. So far this year Citi, Goldman, and Barclay have been on campus...not just for operations but firmwide.

10/29/10

I have investment banking internship experience at a boutique in NYC. I have a 3.55, how do i break in?

2/11/12

What are my chances for a BB in NYC coming from Michigan?

Freshman w/ good GPA, EC's, Finance & Econ major... No SA yet until after Junior year.

4/19/12

Anyone has a new list of target schools for Goldman Sachs ? I'm going to be applying to colleges for UG this November/December and a list would really help .

4/19/12
themarkfrancis:

Anyone has a new list of target schools for Goldman Sachs ? I'm going to be applying to colleges for UG this November/December and a list would really help .

Anyone has? You won't be getting into any target schools with that kind of grammar I'm afraid.

4/20/12

My that is horrible grammar , I'm not too sure what's becoming of me that's embarrassing . I wouldn't worry too much about my English though considering my SAT scores . Let me rephrase my question for you , shall I ? ' Does anyone have the latest list of target schools available for big IB firms like Goldman Sachs ? I'll be applying to colleges for UG by this November/December and a list would be great . '

4/20/12

There are lists of target schools all over this board and the internet at large. I'm sure you can figure it out if you've got exceptional SAT scores.

4/20/12

Everyone will defend their own schools...

FYI, I got this from a MD - apparently this year for JP Morgan, there were more acceptees from Cornell/Wharton than HYP

4/20/12

^thats for investment banking division, by the way.

3/22/15

Hey guys, I've heard that WS also takes some students from Richard Ivey Biz School (in Canada). Does anyone know more about this? Like approx. how many do they take from this school and compare to Ross?

3/22/15

Are you Canadian?

3/22/15

Hey guys, I've heard that WS also takes some students from Richard Ivey Biz School (in Canada). Does anyone know more about this? Like approx. how many do they take from this school and compare to Ross?

3/22/15

Hey guys, I've heard that WS also takes some students from Richard Ivey Biz School (in Canada). Does anyone know more about this? Like approx. how many do they take from this school and compare to Ross?

3/22/15

Hey guys, I've heard that WS also takes some students from Richard Ivey Biz School (in Canada). Does anyone know more about this? Like approx. how many do they take from this school and compare to Ross?

3/22/15

oops... sorry for the repetition... It's my first time making comment... Can someone tell me how to delete those?

3/22/15

Dude... Go to the school you want to. Be cognizant of how a school does in placing into a field you like. Don't just write off the whole college experience to go to some ultra-target school where you will never get to tailgate before a football game or get the opportunity to fly to a bowl game to watch your school.. Or go to March Madness... etc.

If I were going back and could redo everything.. Michigan, Notre Dame, UCLA, Berkeley, Stanford, and UVA would probs be on the top of my list because they will get you anywhere you want to go academically and are on every bank's target list, BUT they also are big schools and will give you the opportunity to actually enjoy colllege. Once you graduate and go into Finance (Assuming in 4 years that is still what you want) your life will be all work. Give yourself 4 years to live it up

8/8/16

Yea, it would be awesome to make it to march madness and bowl games, that's for sure

1/19/16

On a scale of 1-10 with 10 being "easiest to find an iBanking job" I would rank the "top schools" as the following:

Harvard - 10
Yale - 10
Princeton - 10
Wharton - 9.5 (even though more people in Wharton probably get iBanking jobs, it's most likely because theres a lot of students who want that type of job)
MIT - 9
Stanford/CalTech - 8
Other Ivy League Schools - 5-7

1/19/16

Search the forums, there are many long threads about this. Such as:
http://www.ibankingoasis.com/node/1498

Banking > VC > Tech PE; PM me if you would like any advice I'm happy to help

1/19/16

there are your obvious ones and then places like Duke, UVA, UT, etc. who also have a few.

And definitely check out the other threads.

1/19/16

Ivies, top north east schools, and some of the big 10

1/19/16

What about Vanderbilt, Carnegie Mellon, Northwestern, and LACs like Colgate Middlebury, and Davidson?

1/19/16
fcastig0220:

What about Vanderbilt, Carnegie Mellon, Northwestern, and LACs like Colgate Middlebury, and Davidson?

All of those are what you would call Semi-Target Schools (except maybe Northwestern).

They're all targeted by some BBs, not not all fo them. So instead of having 15+ banks come on-campus, you'll have maybe 3-8 banks come. One of the pros would be if you're determined, you can easily get a job coming from those schools since competition is not as stiff as HYP where freshmen coming in think about banking.

1/19/16

is fine for Chicago and NYC....LAC like Middleburry, Bates, and Bowdion are good too..They don't have many people on street cause students aren't interested in banking as much as other school, however, still prestigous.

Wachovia in Charlotte recruits at Davidson. I don't think any of the NYC BBs do, but I'm not 100% sure.

1/19/16

Man, there are 10,000 threads asking exactly the same question.

1/19/16

bump

1/19/16

wat about babson??

1/19/16
asdfg:

wat about babson??

What about it? And why can't you spell?

1/19/16

I believe Vandy has a little bit edge over Emory though. In the south, people consider Duke as the most prestigious, Vandy as the second, UVA then Emory.

1/19/16

Search. Generally -- Most top 25 Ugrads and solid Big states and undergrad Business Schools.

Banking > VC > Tech PE; PM me if you would like any advice I'm happy to help

1/19/16

apm, you are led incorrectly. Your probably hearing this from a) someone who goes to Stern b) someone who goes to Columbia or c) someone who goes to Chicago.

Great: Princeton, Harvard, Wharton, Stanford, MIT
Other great schools: The rest of the Ivies, Duke, Michigan bschool, Berkeley bschool, Chicago is good too

Basically take the US News college rankings and take the top 15.
http://www.ibankingoasis.com/node/5768

^Reference, the only actual complete bank recruitment list posted on this forum so far

1/19/16

Im going to Cornell Johnson which is a good one. Others you might not think of are: Yale, UNC-Chapel Hill, UCLA-Anderson

1/19/16

For NYC, HBS/Wharton/Chicago/Columbia/Stern place the most, but also have many more students interested in banking than other top bschools. However, you'll be fine with most BB's, but not all as long as you are at Sloan, Kellogg, Darden, Cornell Johnson, Tuck, Ross, Yale, and Fuqua. West coast banking, it's Stanford, Haas, Wharton/Chicago if you want to be there, and little Anderson. So yes, any top 10-15 school will get most recruiters in the current market.

1/19/16

There's a monster thread on this board that has people's general thoughts on this topic. Use the search tool on the forum page.

1/19/16

ah, sorry, I thought he was talking about U-grad

1/19/16

Here we go again, more debate on targets vs. non-targets. Banks hire from both pools. It's much harder to get into a BB from a non-target, but it is possible. I did it. I looked onto my bank's HR website, looked at the list of target schools (clearly laid out, and the recuiting proceedures ate each). Do I care? Nope. Does my MD ask at bonus time whether I came from a target school, nope.

If you go to a top school, and BB are everywhere, you've got it easy. Brush up on your skills and it shouln't be too difficult. If you don't have plenty of banks at your school, you need to try harder. Applying online is not hard enough. Talk to alumni, talk to people at the bank. If you have time to debate about target schools, you have time to network. Go out, get the job, and hopefully i'll see you working at the BB/MM/HF/PE/Bear Stearns Subprime CDO Group or whatever you want to be.

1/19/16

top liberal arts colleges (think amherst williams swarthmore) get heavily recruited. also if we're talking about non-ivies, schools like stanford, duke, berkeley, and uchicago fall under that umbrella.

1/19/16

I don't know why people think Swarthmore has recruiting, because it doesn't... Pomona( and thus CMC) and Middlebury have everyone you can imagine come though!

1/19/16

Ivy + Stanford, MIT, UChicago, Berkeley, CMU, Duke, NYU, UCLA...

...run a search for more info

1/19/16

Harvard
Penn
Yale
Columbia
Princeton
Cornell
Dartmouth
Brown
Stanford
MIT
Duke
NYU
Georgetown
Williams
Amherst
UChicago
Northwestern
Hopkins
Michigan
Berkeley
Carnegie Mellon

I'm pretty sure that covers all the schools considered targets, some of which may even be semi-targets depending on the bank. All the ivies are considered top targets except for Brown. Region also plays a role - New York, Los Angeles, and Chicago are their own separate niches, and may favor schools in closer proximity to them.

1/19/16

Vanderbilt jumps in and out of that list.

1/19/16

Vanderbilt, along with Emory and WashU, are all good schools, but I think they're considered more semi-targets, probably due to their Southern locations.

1/19/16

Notre Dame is a semi target also

1/19/16

Most BBs recruit at Rice and Univ. of Texas for their Houston offices (which typically just deal with oil and gas companies), and a few grads end up in NY also. I would call these schools semi-targets also.

1/19/16

Add umd smith to the list of semi targets.Some BBs recruit there sporadically

1/19/16

umd smith? seriously?

i think the criteria may be getting a bit lax now...

1/19/16

FYI, at the BB bank I'm about to join we only have 6 targets for analysts:

Harvard
Princeton
NYU
Georgetown
Penn
Duke

Different groups also have different relationships with schools, but those are the only across the board target schools set by recruiting.

1/19/16

True targets are HYPS

Additionally:
Wharton
Other Ivies
G-Town
MIT
Northwestern/UChicago (mostly for Chicago)
NYU
Duke
UVa
Michigan
Texas/Rice (mostly Houston)
Amherst
Williams
Swarthmore
Pomona/Claremont (for LA)

Not to say certain banks don't come to other places, but these are the schools that have basically every single bank come on campus for recruiting. Just go online to GS or ML or somewhere like that and see where their campus interview schedules are and that gives you a pretty strong gauge of the caliber of target schools. The ones that show up on 3-4 lists are at the very least a semi-target.

1/19/16

oops..i meant umd smith for associate level hiring.

1/19/16

USC has every BB (with the exception of DB) come to recruit for banking. Sends many to SF, some to NY. UCLA is similar.

1/19/16

Would you guys classify Berkeley Econ majors as "targets"?

1/19/16

I really think the main target schools are HYPS and Wharton.

1/19/16

How about U of Toronto, U of Waterloo or U of Amsterdam then?

1/19/16

In terms of liberal arts colleges: (not so familiar with research universities, sorry)

Williams
Amherst (and thus Smith/Mount Holyoke)
Pomona (and thus Claremont McKenna)
Wellesley
Middlebury

Less so:
Bowdoin
Bryn Mawr
Colgate

Where you rely on the alumni network:
Wesleyan
Vassar
Swarthmore
Hamilton
Colby

1/19/16

For undergrad or MBA? And for where? Only NYC?

1/19/16

Yeah!!!!! Haven't seen one of these fuckers in a while.

1/19/16

I would like to send a cruise missile shaped like a giant cock straight up your ass for asking this question. Do a search...god knows the search function is 10x better.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."

1/19/16

The best target school that anyone should ever go to is a strip club. You're bound to get jobs there that BLOW.

1/19/16

I would be willing to bet that you could randomly click on 5 Forum topics at random and AT LEAST one would discuss this at length...

If I had asked people what they wanted, they would have said faster horses - Henry Ford

1/19/16
happypantsmcgee:

I would be willing to bet that you could randomly click on 5 Forum topics at random and AT LEAST one would discuss this at length...

This is true ~85% of the time.
[50! / 10!(50-10)!] x .26^10 x .74^(50-10)
Itecya, your redundant question has successfully distracted me from my numerical analysis exam for 10 minutes stupid troll

Making money is art and working is art and good business is the best art - Andy Warhol

1/19/16

It is that time of year. The time when redundant questions are asked.

Target schools are typically schools with a lot of FO recruiting. Semi targets get a lot of MM FO recruiting

1/19/16

.

1/19/16

Ever consider that the OP is new and may be unfamiliar with proper forum etiquette? God knows most of us have forgot to search and posted a common question at some time or another...

1/19/16

.

1/19/16

Leave OP alone!!!!

Footnote: Source: Crocker, Chris

If I had asked people what they wanted, they would have said faster horses - Henry Ford

1/19/16

http://colleges.usnews.rankingsandreviews.com/best...

With a few exceptions, the top 15-25 are the "targets"

1/19/16

no worries.. BRING THE HEAT.

Talk about mistakes-- choosing the school I just graduated over some of the targets -- just so I could start out major in engineering and then switching to business.

1/19/16

every school in the top 25 except the two in 13th, 17th, 20th, 22nd and 23rd if I had to guess.... and BC

1/19/16
PuppyBackedSecurities:

every school in the top 25 except the two in 13th, 17th, 20th, 22nd and 23rd if I had to guess.... and BC

If you don't think Berkeley gets some solid recruiting then... bitch you stupid.

"If you can count your money, you don't have a billion dollars." - J. Paul Getty

1/19/16
San Franciscan:
PuppyBackedSecurities:

every school in the top 25 except the two in 13th, 17th, 20th, 22nd and 23rd if I had to guess.... and BC

If you don't think Berkeley gets some solid recruiting then... bitch you stupid.

lol, ok I guess I might have missed one.

1/19/16

and U. Michigan/UVA.... not including Ross and McIntire would be ridiculous.

"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."

1/19/16

is emory a target?

1/19/16

Target schools vary a little because not all BBs will literally target the same lineup. Generally it's the Ivies + Stanford/Wharton and a few top-10 undergrad business programs, i.e. Stern/Ross/McIntire and also Duke.

There's also a lot of variation within each university, i.e. Stern > NYU, Wharton >>>> UPenn, Ross > UMich, etc.

Most people do things to add days to their life. I do things to add life to my days.

Browse my blog as a WSO contributing author

1/19/16
A Posse Ad Esse:

Target schools vary a little because not all BBs will literally target the same lineup. Generally it's the Ivies + Stanford/Wharton and a few top-10 undergrad business programs, i.e. Stern/Ross/McIntire and also Duke.

There's also a lot of variation within each university, i.e. Stern > NYU, Wharton >>>> UPenn, Ross > UMich, etc.

upenn is ivy... why did u say ivy + wharton

1/19/16

I'm sure there are plenty on WSO would disagree with me, but I'd say a "target" school is simply one where most if not all of the BB's do OCR for front office jobs & internships (i.e.IBD/S&T/ER/PB). The above post is definitely spot on.

1/19/16

this is gona hit some nerves but why don't we rank the target schools in terms of overall competitiveness in BBs for FO positions... Based on what I've seen, this is how I would rank the schools
1. Harvard
2. Wharton
3. Princeton
4. Yale
5. Columbia
6. Stanford
7. Upenn
8. MIT/Caltech
9. Dartmouth
10. Stern
11. Cornell
12. Duke
13. Brown
14. UChicago
15. BC

1/19/16
ambition56:

this is gona hit some nerves but why don't we rank the target schools in terms of overall competitiveness in BBs for FO positions... Based on what I've seen, this is how I would rank the schools
1. Harvard
2. Wharton
3. Princeton
4. Yale
5. Columbia
6. Stanford
7. Upenn
8. MIT/Caltech
9. Dartmouth
10. Stern
11. Cornell
12. Duke
13. Brown
14. UChicago
15. BC

BC over Ross?

1/19/16

1.Wharton
2. Harvard
3. Princeton
4. Yale ( good school, but it does not place as well, largely due to lack of interest I'm assuming, I would place it lower but its prestige carries it up)
5. Columbia
6. Stanford
7. Upenn
8. MIT/Caltech
9. Dartmouth

I would argue that for the top gigs in PE / HF / VC / S&T / top groups at BBs, Wharton is in a class of its own. At some top firms like BX RX etc Wharton out places Harvard 4 to 1.

For High frequency trading / algo trading it is Wharton (M&T) / Princeton / MIT / Harvard

For general IBD, Wharton places the most kids at almost every firm, followed closely by Harvard, then the rest of the big ivies. But this does not matter. If you are at a good school and have a good GPA and can demonstrate interest in the field, you will get your interview and then it is all about you, not your school. Are Wharton and Harvard a notch above Princeton and Yale? Yes. Does that matter ? No. It is as stupid as saying that H/S MBA are a notch above W MBA, in the end the differences are minuscule.

This has been debated since Jesus was born, let's move onto something else. Do a quick search buddy.
My 2 cents.

1/19/16
pinkbanker:

This has been debated since Jesus was born, let's move onto something else. Do a quick search buddy.
My 2 cents.

Jesus went to college?

1/19/16

I agree Wharton/Harvard take the top spot, but I've seen a surprisingly large number of NYU students at a lot of banks as well...I'm assuming lots of BB's recruit at NYU just b/c of location?

1/19/16

.

Most people do things to add days to their life. I do things to add life to my days.

Browse my blog as a WSO contributing author

1/19/16

University of Illinois had a fair amount of OCR this year. Citi, DB, GS, HLHZ, and Lazard all conducted first rounds on campus (as well as a couple of boutiques).

Leadership can be defined in two words: "Follow Me"

1/19/16

All the ivies (yes, including Brown, Cornell and Dartmouth). Stanford, Duke, MIT, UT, UM, NYU.

1/19/16

I havn't heard of Ross(excuse my ignorance i did ED to college) and I havn't seen anyone from Ross at my jobs or superdays so I'm gona go out on a limb and put BC over Ross

1/19/16

That would be michigan, wizard.

I'd throw UTexas in there as well. All NY offices (BB and boutique) as well as Houston do OCI there.

1/19/16

Honestly, there are many other schools that could be considered targets to some extent. The following unmentioned schools are targeted, maybe not as heavily, and will not hinder you from pursuing IB:

UVA, Emory, Rice (energy), Berkley, UNC, Vandy, Ross, Northwestern, Carnegie Mellon, John Hopkins. There are plenty of other small schools that will present opportunities. IMO, target refers to a school that receives multiple OCI and has a large alumni presence on wallstreet. On campus recruiting is not always the best way to land interviews, unless you are a stand out candidate among your highly competitive peers. Going through the back door by alumni connections can be highly effective.

1/19/16

That's where the term 'semi-target' comes into play. If a few of the BB are on-campus, that mean you're a partial target. You don't have all the opportunities the targets do, but you definitely have OCR, strong alum representation, and solid recruiting opportunities.

Most people do things to add days to their life. I do things to add life to my days.

Browse my blog as a WSO contributing author

1/19/16

OCR is in 99% of cases the best way to get into FO BBs

1/19/16

Berkeley isn't a target?

1/19/16

Notre Dame gets most/all of the BB banks [Added:] for front office and the Big 3 consultancies, a number of buyside and MM firms recruit as well. There's a Chicago bias but plenty of people in NY and the alumni network is fanatical.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.

1/19/16

it's not just about getting BBs. it's getting the FO positions at the BBs that counts

1/19/16

Don't forget the top Liberal Arts Colleges.

1/19/16

u of chicago?

1/19/16

Interestingly enough, McKinsey and Bain don't recruit at the University of Chicago.

1/19/16

Wustl has OCR for MBB

1/19/16

Ivey school of business, Queens University and Mcgill in Canada all get MBB ocr.

1/19/16

HEC
ESSEC
Ecole Polytechnique (France regional)
Wawrick
University of St. Gallen ( http://www.bankingdays.unisg.ch/org/es/bd.nsf/wwwC... )
WHU Vallendar ( http://campus-for-finance.com/NYC/Sponsors-and-Par... )
IIM-A / IIM-C

1/19/16

It looks like he was focusing mostly US schools or recruiting for US positions (Oxford and INSEAD notwithstanding) , explaining the absence of Canadian schools mentioned by posters above.

I too am surprised University of Chicago is not on the list.

1/19/16

I just overlooked UChicago, and the idea is that the community contributes to the list heh.

1/19/16

I would take off Smith and Tufts. I don't think the networks are there, and they don't have finance/business degrees. Maybe in 5-10 years, but definitely not right now.

1/19/16

If you're going to include Smith and Tufts, you have to include Middlebury/Wesleyan/Vassar (which get a smattering of recruiting from the Big 4, etc.), which I don't think can be considered true "targets."

1/19/16
nerdspeak:

If you're going to include Smith and Tufts, you have to include Middlebury/Wesleyan/Vassar (which get a smattering of recruiting from the Big 4, etc.), which I don't think can be considered true "targets."

Totally agree. They are all great schools, but I think definitely worth leaving off. They fit comfortably into the semi-target category. If you're a star student and get great internships through your own networking, you can go MBB or BB, but you have to be on top of your game.

1/19/16

Also, it's Dartmouth College, not Dartmouth University.

1/19/16

* Indiana University - Kelley School of Business . . . not University of Indiana

1/19/16

Is Caltech one?

How about colleges like Wash U in St louis and swarthmore?

1/19/16

Top 5 LACs should all be on there
williams amherst swarthmore pomona middlebury

It's just that students in some schools are not as interested in I-B compared to those in other schools.

If you've been to most of these schools' recruiting events, you'd know all those BBs are there - how many people are interested? I don't know.

1/19/16

A question, I'm strongly considering to attend WUSTL. Would you guys consider it a target school for any firms?

1/19/16

My sister goes to Tufts and is very much targeting IB. I think almost every bulge bracket firm recruits at Tufts and alumni at those firms put in a remarkable level of effort in recruiting--I've seen alums from Goldman, UBS, and others doing the actual recruiting on campus.

And to those saying Tufts doesn't have a business or finance degree, that's an absurd criterion. Harvard doesn't either. The Tufts economics department is massively popular and very strong (again, says my sister).

1/19/16

Why is my Cal State System school not on this list!?

"Those who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety."- Benjamin Franklin

1/19/16

You misspelled *Johns Hopkins University*.

1/19/16

I think you should leave off all the European schools, because basically every country has a couple of target schools (especially for MBB, almost all for BB IBD in London), so the list would be as long as the US one.

1/19/16

Hate to say it because I went to one of them, but I think this list needs to be updated to exclude some of the smaller schools that no longer attract OCR efforts.

1/19/16

What do you mean, "Without further ado"? Was someone asking for this list? I don't understand what metrics are being used and how it's organized.

I also agree that WUSTL - Olin should be on there. We have OCR for pretty much everything.

1/19/16

What about University College London??

1/19/16

delete

1/19/16

Queens College should be Queen's University. Unless you're talking about the random college in Belfast and not the Canadian commerce program.

1/19/16

I think in general, we could probably say
Super-Duper Targets: HYPSM, Wharton
Supertargets: Columbia, Dartmouth, UChicago, rest of UPenn
Targets: Brown, Duke, Georgetown, Northwestern, Cornell, NYU Stern, Notre Dame, UMich, UVA, maybe a few more.

Don't throw shit at me if I didn't include or miscategorized your alma mater. I'm just generalizing based on my observations going through recruiting season and on various websites. For the most part, it may also look like I I just labeled the schools based on overall prestige, but that's unfortunately the way recruiting is at top finance and consulting companies....

1/19/16

Tenn?

1/19/16

You can use the search function and there will be threads you can go through that will help you understand. In short (using IB as an example):

Target:
- for IB, it would be a school where the majority of major banks recruit on campus
- for a specific company, it's a school where the company recruits on campus

Semi-Target:
- for IB, it would be a school where some major banks recruit on campus
- there is no "semi-target" for specific companies, the company either recruits there or they don't

Non-Target:
- for IB, it would be a school where no banks (or maybe 1 major bank, or a couple of smaller banks) recruit
- for a specific company, a school where the company doesn't recruit on campus

"You stop being an asshole when it sucks to be you." -IlliniProgrammer
"Your grammar made me wish I'd been aborted." -happypantsmcgee

1/19/16

Target:
OCR and on-campus interviews

Semi-Target:
Usually some form of OCR and a resume drop, but companies don't come to campus for interviews

Non-Target:
Nada

1/19/16

Thanks guys,

What would the University of Georgia be considered?

"Buy when there's blood in the streets, even if the blood is your own." - Baron Rothschild

1/19/16

UGA is a non-target except for some MM and boutique stuff in Atlanta.

MM IB -> TMT Corporate Development

1/19/16

I would say that the main difference between targets and semi-targets is that targets do well for recruiting to all offices, whereas semi-targets do well regionally.

Examples of targets:
- Ivy League
- Top privates Northwestern, NYU, Gtown, Duke, Stanford
- Top state schools Michigan, UVA, UNC, UC Berkeley

Examples of semi-targets:
- USC, UCLA, CMC (for West coast)
- UT Austin, Emory, Rice, Vandy (for Texas and the South)
- BC, Baruch, Villanova, Lehigh, GW, and the top Lib Arts schools (for East coast)
- Indiana, Wisco, Illinois, WUSL (for Chicago and Midwest)

Regarding your question about UGA, look into one of their organizations The Corsair Society. It's highly selective, but from what I've heard, they have placements into NYC offices and southern boutiques.

1/19/16

Superlative:

I would say that the main difference between targets and semi-targets is that targets do well for recruiting to all offices, whereas semi-targets do well regionally.

Examples of targets:

- Ivy League

- Top privates Northwestern, NYU, Gtown, Duke, Stanford

- Top state schools Michigan, UVA, UNC, UC Berkeley

Examples of semi-targets:

- USC, UCLA, CMC (for West coast)

- UT Austin, Emory, Rice, Vandy (for Texas and the South)

- BC, Baruch, Villanova, Lehigh, GW, and the top Lib Arts schools (for East coast)

- Indiana, Wisco, Illinois, WUSL (for Chicago and Midwest)

Regarding your question about UGA, look into one of their organizations The Corsair Society. It's highly selective, but from what I've heard, they have placements into NYC offices and southern boutiques.

This is a pretty comprehensive and well thought out list, imo. You're not gonna get an unbiased list like this from anywhere else.

1/19/16

Where is Rutgers?

Mps721

1/19/16

I feel like there are definite non-targets and targets. However, semi-target's are hard to characterize. I go to a State School, and by above standards is a target, but the banks only look at candidates who are in a very selective investment organization at my school. I know there are quite a few schools that have similar programs. The school as a whole is a semi-target, but the specific program is heavily targeted.

1/19/16

D M:

- for IB, it would be a school where some major banks recruit on campus

- there is no "semi-target" for specific companies, the company either recruits there or they don't

Disagree with this one completely.
There are various levels of recruitment.

Banks may still make job postings and do phone interviews for the first round, rather than OCR.
May have info sessions with no on campus interviews as well, or the other way around .

Also, the number of interview slots and number of people they send varies immensely from school to school.

1/19/16

I feel like there are definite non-targets and targets. However, semi-target's are hard to characterize. I go to a State School, and by above standards is a target, but the banks only look at candidates who are in a very selective investment organization at my school. I know there are quite a few schools that have similar programs. The school as a whole is a semi-target, but the specific program is heavily targeted.

Yes, such as UGA Corsair Society, ASU's Investment Banking Club, Indiana Investment Banking Workshop, Michigan State's club, etc.

Pages

Add a Comment
WallStreet Prep Master Financial Modeling