7/16/06

I thought this might be helpful to all the high school students. Below is a general list (to my knowledge feel free to contribute people) of all the major feeder colleges for the BBs:

I tried to order them..

East Coast:

Harvard
Yale
Princeton
Wharton

Gap

MIT
Amherst
Williams
Swarthmore
Columbia
NYU
Dartmouth
Penn
Cornell
Brown
JHU
CMU
Georgetown

Midwest:

Northwestern
Chicago
Michigan

Gap

Illinois
Washington University
Carleton College

West Coast:

Stanford
Berkeley
Caltech

Gap

UCLA
USC
Pomona
Claremont McKenna
Other UCs

South:

Duke
UVA
UTexas BSchool

Gap

UNC
Emory
Vanderbilt
Rice

Generally from my knowledge the major feeders are the following: Ivys, MIT, Williams, Amherst, Swarthmore, NYU, Northwestern, Chicago, Duke, Stanford, and Berkeley.

Notice that cities will often come into play. If you goto a good school but away from a major city, its harder to get a BB job.

I hoped this helped. Please contribute to the list as I'm sure there are some (and possibly many) errors.

Comments (53)

7/17/06

Canada:

McGill
University of Toronto
Queen's University

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-

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7/17/06

I'm pretty sure that the Kelley School of Business at Indiana University sends a good amount of analysts to BB's, maybe not in the same class as UMich, Northwestern, and UChicago, but I would say it's as good as Illinois and WashU in that category.

  •  7/17/06

Tier II - Notre Dame

Why do you have Wharton listed in Tier I and Penn listed again in Tier II? Non-business majors?

  •  7/17/06

i would say uva belongs in the top tier. business week certainly thinks so and they send a very respectable number of people to the bb and top mm firms

In reply to
  •  7/17/06

Correct. Wharton different from SAS.

In reply to
  •  7/17/06

Businessweek also thinks that Kellogg is better than HBS and Wharton...

UVA's ugrad B-School is very respectable, but I dont think they send as many kids to the top firms as say Duke.

In reply to
  •  7/17/06

that's because they only graduate about 325 students per year from their b-school. percentage-wise though, I'm pretty sure they hang with any school except wharton and harvard in terms of placement.

In reply to
7/17/06

Link to data?

I'm 100% sure UVA does not hang with many of the top tier schools (Yale, Stanford, Princeton, etc).

In reply to burnonedown
  •  7/17/06

http://www.commerce.virginia.edu/career_services/E...

requires pdf reader

of the 85% of students entering the workforce (276 people), 30.2% (83) go into IB. You can see the employer breakdown near the end. Is UVA a feeder school into goldman? no of course not, but in terms of percentage of class going IB it has to be near the top.

of course i may be way off, so please present evidence to the contrary

In reply to
  •  7/18/06

The original poster was making a thread about feeder schools to top BBs, not feeder schools into careers in Investment Banking. With that said, the original poster is absolutely correct in not including UVA as a top tier feeder, and instead placing it in the 2nd tier. The above report definitely supports his/her conclusions.

While UVA sends many students into IB, among the top BBs the representation is fairly poor, certaintly when compared to the schools the OP lists in the top tier. Even the schools on the bottom of the first tier (Northwestern for e.g. sends way more kids to Goldman every year, for lower ranked BBs like JPM its not even comparable). Thus while 83 kids might be going into IB I would bet that the majority of them are going into middle market banks and not the top dogs. Also another good indicator that UVA is not a top tier feeder is to look at the Management Consulting firms that recruit there. BCG shows UVA some love but I only because they ahve a fairly decent sized office in DC. Notice that Bain and especially McKinsey did not hire, with the latter not even recruiting at UVA. McKinsey recruits at all the top tier schools the OP lists.

In reply to
  •  7/18/06

ok i can't refute those points, you are undoubtedly right about fewer getting into the top bb's, and it is probably second tier. but the op has it listed in the fourth tier below places like Carleton, JHU, Illinois, wash u etc i'm not buying that.

In reply to
  •  7/18/06

I think OP ordered them within regions. So UVA is a first tier school in the south but not in the first tier overall.

In reply to
  •  7/18/06

well aren't I brilliant today. you're right again, as you can see my uva pride is easily offended

In reply to
  •  7/18/06

Its okay I'm quick to get on the defensive as well.

UVA is a great school, I'm from NOVA and have some friends who go there. Beautiful campus and the girls are much better looking there than where I goto school.

7/18/06

I would say BC definitely belongs on the list for placing students into analyst programs at BB.

In reply to Patrick Bateman
7/18/06

Really? I haven't heard of this before.

Do you have a career placement pdf or something I can look at?

In reply to burnonedown
7/19/06

I don't have anything that you can look at, I am sure if you call their career services office that they could help you out. However, from my senior class BC placed many people into BB Banks, middle market and boutique banks, asset management firms, and a few consulting firms.

In reply to Patrick Bateman
  •  7/19/06

Thats great to hear.

BC I suppose is a feeder, though I do not think it is a *major* feeder.

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  •  8/9/06

You forgot Western (Ivey) which has the best placement in the country including 10% of the class to the U.S.

8/10/06

Is Northeastern University any good as a feeder school? I know they have an amazing coop program.

8/10/06

Notre Dame is tier I. BusinessWeek ranked their business school at #3.

  •  8/11/06

what is pomona? Does anyone have alink to there website?

8/18/06

Google "Pomona College."

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-

  •  8/18/06

I agree with an earlier poster that BC sends quite a few kids to BB. They have a solid program. As for the list of southern schools, I would advise adding Tulane onto the list of Tier II schools. They send a handful of kids to BB every year and have a great presence in the BB regional office setting in the south. Highly respected in the Northeast (NY & Boston) although not as actively recruited as other top southern schools so II is probably best fit for them.

  •  8/18/06
8/18/06
8/18/06

is it bad to go to an extremely competitive school. cause when i looked up some of my schools data, it was good that goldman sachs was the 2nd biggest employer for graduates but over 1000 students applied for positions from goldman sachs. i mean doesnt that hurt your chances.......

8/18/06

A lot of schools on that list are very good and won't drag a person down, but do not really provide an edge or in-road. Many of the schools you listed are excellent and well-respected but don't really have the sorts of alumni networks to bring people onto the Street in droves.

In addition, most students at non-northeastern colleges don't really know what investment bankers do, nor do they see banking as a desirable career, nor do they know the first thing about pursuing a job in banking. If they wanted to be bankers, and learned how to pursue the career, their schools wouldn't hinder them, but on the other hand, aren't going to place them either.

8/19/06

Tier 1: H,Y,P, and Wharton.

Tier 2: Other Ivies, MIT, U of C, NYU, Gtown, UVA and Northwestern.

8/19/06

That's a better analysis. You might want to include the LACs: Amherst, Swarthmore, and Williams. Pomona, Carleton, and a few others are of comparable quality but aren't feeders purely on account of location.

I'd imagine that Caltech puts a fair number of kids into trading and hedge funds.

8/19/06

I hear that Howard in D.C. is a a feeder school

8/28/06

how about lse, would you consider it a feeder school?

jimmylse09: really, goldman was 2nd biggest employer?

8/29/06

thats wut it said on a times article, but i mean its probably true since more than 1000 students applies a year to goldman sachs so the chances of making it in is not that great, i mean i think they can take 100 students tops.

8/29/06

yeah..that's the plus and negative of feeder schools...hard as hell to get the goldman placements, but the lower banks will take a lower feeder school candidate than a higher non-feeder school candidate.

8/29/06

"In addition, most students at non-northeastern colleges don't really know what investment bankers do, nor do they see banking as a desirable career, nor do they know the first thing about pursuing a job in banking. If they wanted to be bankers, and learned how to pursue the career, their schools wouldn't hinder them, but on the other hand, aren't going to place them either."

well thats a load of crap seeing as how all my buddies from a non-eastern school went into banking/hedge funds/PE

1/7/07

Morehouse is also a core school for every BB. Except for Lazard, if you consider Lazard to be a BB bank.

1/7/07

I've met a few people from Morehouse, Spelman, Howard, and Florida A&M. Definitely not an abundance.....but pretty much the cream of the crop from those schools-those students that got into ivies but wanted to go to an HBCU.

1/7/07

The BBs all recruit at Howard, and most recruit at Spelman and Morehouse too. I haven't heard too much about Florida A&M.

I know Lazard and Greenhill visited Howard once, but I guess didn't take anyone and decided not to go back.

In reply to FX master
1/7/07
FX master:

Tier 1: H,Y,P, and Wharton.

Tier 2: Other Ivies, MIT, U of C, NYU, Gtown, UVA and Northwestern.

Are you counting Stanford and Duke as "other ivies?"

1/7/07

I went to a private liberal arts college (think Midwest). We graduate approx 40-50 econ students/year and about 5 goto BBs and about 2-4 to other banks. Translation = 10-15% of our graduates endup in banking. Not many schools compare. During '02 and '03, we still sent 2 to 3 kids to BBs.

In reply to opticalcharge
1/7/07
opticalcharge:

I went to a private liberal arts college (think Midwest). We graduate approx 40-50 econ students/year and about 5 goto BBs and about 2-4 to other banks. Translation = 10-15% of our graduates endup in banking. Not many schools compare. During '02 and '03, we still sent 2 to 3 kids to BBs.

Oberlin? Lake Forest?

1/8/07

most of these posts look more like just general college rankings than which schools are feeders into BBs...i interned at a BB and now work fulltime at another, and most of my friends from college went into banking, so i have a decently comprehensive impression...

to the guy who wrote:
Tier 1: H,Y,P, and Wharton.
Tier 2: Other Ivies, MIT, U of C, NYU, Gtown, UVA and Northwestern

there is no doubt in my mind that wharton places more ppl in BBs than any other school on the planet...sorry but if you are only looking at how many ppl from a school goes into BBs or what %, typically they are the schools that have the most ppl majoring in econ or business...places like wharton, uchicago, nyu, stanford, harvard etc...my problems w/ the above rankings are:
1) yale and princeton don't really compare w/ the sheer volume of bankers that come out of the top feeder schools
2) some ivies like cornell place a lot more bankers than others like brown
3) MIT, georgetown and northwestern are not banking feeder schools...MIT is still known for engineers, georgetown for poli sci, and northwestern churns out way more consultants than bankers, but they get their fair share cuz their class is much larger than other private schools...

just for kicks, my 05 training class facebook is still sitting under my desk, and here were the schools w/ the most representation:
1) upenn
2) cornell
3) williams
4) uchicago
5) nyu
6) babson
7) boston u
8) harvard
9) indiana
10) northwestern

some interesting names but you see the general trend...mostly schools that have top (or large) undergrad business schools or econ programs

1/8/07
1/8/07

Babson College?

These names are not familiar.

1/8/07
1/8/07

I disagree with kidxiao about georgetown. We send a lot of kids to Law School, Medical School. But...

Banks that recruited at our school: GS, MS, Lehman, UBS, Merill, Bear, Citi, BofA, JPM, DB, CS, RBSGC, Barclays Cap, Perella, HLHZ, Rothschild, Thomas Weisel etc. With Goldman taking the most every year. They interviewed about 100 first rounds and they hire at least a dozen kids for full time, not including those that got offers from working of the summer.

Total students hired in to Inv. Banking through our career center (not including those who got offers and took them from their summer stint) totals over 100 every year.

Just making the case for my soon to be alma mater...

1/8/07

I go to UfT (Rotman) as an MBA candidate. Based on my summer and full time recruiting experience, Canada is basically (not in order of priority):

Ivey (Western Ontario)
Rotman (UfT)
The above two send the most, then:
Queens
McGill
Schulich

Metals & Mining I-Banker

1/8/07

since when is wachovia a BB? drop the ego dude...don't u think wachovia would get a lot of their ppl from places like unc, duke, etc?
i don't really mind so...it's jpm's facebook from '05 cycle 1...also just fyi, these schools represented less than 1/2 of one cycle of analysts (there were 2 training cycles), so that's less than 1/4 of all analysts that year worldwide...

yeah granted boston u and babson don't get as much respect (obviously from the posts above), but my original point was that the list of schools that the most analysts come from don't always mirror college rankings...just because a school recruits somewhere doesn't mean they will take a lot of analysts from that school...every firm has its target schools (for ex. jpm is big on williams, which might have something to do w/ our vice chairman being a grad)...and larger schools will typically place more kids just because of the class size...

btw babson isn't exactly a crappy school...it's a private business-only school..you might know the graduate business school better, it's called Olin...and it's known as the best undergrad and MBA program in entrepreneurship...

and to the georgetown guy, i'm not dissing georgetown or anything...it's a great school...it's just i've only come across one person from georgetown so far in banking, and that was during my internship...

1/8/07

Babson would be one of the schools where the banks might recruit at, but they only take maybe 5-6 people from the entire school.

Entrepreneurship doesn't really mirror investment banking all that much in my opinion, but for those who are into the whole entrepreneurship thing it might make sense to go to a school such as Babson.

However, I wouldn't expect too many i-banking opportunities after making that decision.

1/8/07

then either all of the bankers from babson went to jpm that year, which seems unlikely, or there are more than 5-6 people from babson that go into banking every year...at a decent business-only school where the class is about 450 ppl per class, i doubt that only 5-6 ppl go into banking each year man...
i just checked out their undergrad placement stats...they don't list banking but 1/4 of their class goes into finance...
i'm not saying entrepreneurship exactly mirrors investment banking either, only that it's what the school is known for...for ex, uchicago is known for econ, but how many grads actually go to econ grad school? not that many...most of them go into banking, they just major in econ b/ there's no undergrad business...anyway, ppl go to a certain school for a lot of reasons...if you wanted to do business and don't want to go to a large school, babson doesn't seem like a bad choice...

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