Best Response

Not a "basically get a job/internship because of the school you go to" target. (Harvard, Wharton, Stanford, Duke, Stern, MIT, Yale, etc.)

More of a "good enough school to get you a fair look" target. (Georgetown, Vandy, UVA)

The better students at Mendoza can get jobs almost anywhere with a solid resume and good networking skills.

 

They're a great school, but banking is competitive. It's like 75% rich white kids, so the amount of people targeting banking is much higher than most comparable schools.

ND is definitely a school that you need to fit culturally. It's not for everyone. I've visited friends there and will say that I've never met more entitled, prissy kids in my life, and their "party" scene is absolutely abysmal.

That said, almost all of the people that go there love it. Just make sure that you'll be one of those people.

 

Wall Street has a presence at Notre Dame. You just have to be the best option for them.

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

Notre Dame has very good placement into IBD. Every year kids place into GS, MS, JPM, BX, etc. Obviously not going to be the same as a top-tier Ivy but top students at Notre Dame (i.e. 3.7-3.8 and above) place very well. Alumni network is incredibly strong and there's few better places to be if you want to work in Chicago. Certainly not as strong in NY as in Chicago, but again top students in the business school place at all the BBs in NY.

 

On the business side of things, Notre Dame students are certainly most heavily recruited by the accounting and consulting firms, but definitely the most competitive students earn spots with BB IBD.

As a current student, I would like to mention that you shouldn't come to Notre Dame exclusively for job opportunities. You should only come to ND if you want to grow as an individual.

If all you want is to make it in IB, then I would recommend going to Wharton or another Ivy.

 

Going to ND was the best decision I ever made, for academic, career and personal reasons. As @Mike Brey said you should only go if you think it will be a good fit for you, not only for IB recruiting. However, if you're a top finance student and get involved in SIBC/other relevant clubs, I don't see how you wouldn't get a job in BB IBD (New York or Chicago).

 
moneyprestige:
have some friends that go there. Like many i thought it was a complete non target, but apparently it has taken off recently. I know for sure 2 kids are in the GS IBD summer analyst class in new york...for what that's worth.

Lol taken off recently. I didn't go to ND but a few of my older friends did. All ended up BB IBD ---> HBS ---> black rock pe.

I take it you're still in high school?

 

I don't know much about Michigan's business school, but I am a junior at ND and just finished applying for internships. Here is what I know about how kids in ND's business school placed in ibanking for summer internships this year:

GS: I only know of 1 in NY MS: only 1 in New York and at least 1 other in Chicago ML: None to my knowledge in NY, but 1 or 2 in Chicago JPM - made 5 offers in Chicago (one of which they later made the offer for either NY or Chicago) CS-Made at least 2 Chicago offers, not sure about NY UBS- at least 1 for Chicago, 1 for Hong Kong Citigroup - 1 offer in NY, 1 or 2 in Chicago DB - know of 3 for sure, but i think there might be 1 or 2 more Wachovia - 1

All of the banks listed above recruit on campus, the big one that doesn't recruit for ibanking at ND is Lehman.

Biggest benefit to ND is that while there aren't that many spots, it is pretty easy to stand out at ND if you know what you're doing. I've heard a lot of ND kids don't perform well in interviews and are a little bit clueless about ibanking. If you really know what you're doing and have a good resume, I think you'd have a really good shot of getting one of the spots.

For full time positions most of the banks tend to make offers to a few more kids than they did for internships.

 

I know higher ups at McDonalds, but you don't see me trying to make a transition into entry level shift manager. If it's not where you want to go, keep it as a safety school, and shoot for your top selections.

"Cut the burger into thirds, place it on the fries, roll one up homey..." - Epic Meal Time
 

cackmenimble, I understand the path. But here's my thinking:

I failed to get a FT offer this summer from a reputable MM. My chances for BB are honestly not that great. Instead of trying for another MM, my thinking was that if I go directly into MBA, I can get an analyst position which after 2-3 years I can leverage into an associate position since I already have an MBA.

It's a little ridiculous, I know...but can it be done, especially with an MBA from Notre Dame?

 
utbojangles:
cackmenimble, I understand the path. But here's my thinking:

I failed to get a FT offer this summer from a reputable MM. My chances for BB are honestly not that great. Instead of trying for another MM, my thinking was that if I go directly into MBA, I can get an analyst position which after 2-3 years I can leverage into an associate position since I already have an MBA.

It's a little ridiculous, I know...but can it be done, especially with an MBA from Notre Dame?

Go do a masters program at LSE or London Biz School, get some international exposure...couple that with a good internship and then try for FT. Save your MBA for career jumping or hopping in case you don't like what you end up doing and want to jump ship 'credibly'.

 

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I didn't say it was your fault, I said I was blaming you.
 

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