Pages

8/21/06

Street Prestige
1. Harvard/Yale/Princeton/Wharton/MIT/Stanford
2. Penn/Columbia/Cornell/Dartmouth/Chicago/Cal Tech
3. Brown/Berk./Duke/Hopkins
4. Northwestern/Georgetown/UVA

Comments (241)

8/21/06

duke and brown have better reps than chicago, at least for undergrad. nu should be one tier higher and cal tech is top tier. nyu stern should also be somewhere.

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation +

IB Interview Prep Pack

30,000+ sold & REAL questions.

Resume Help from Actual IB Pros

Land More IB Interviews.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews.

8/21/06

I beg to differ. Street cred is similar to academic cred. Normally you would lump together Cornell, Columbia, Penn and Brown, however Cornell and Columbia et al are research powerhouse and Brown simply isn't. I went to Yale and I am tempted to knock Yale down below Cornell b/c Cornell is a research and science powerhouse. However street cred is a little different. Yale simply has more prestige b/c of admissions.

  •  8/21/06

how about non-US schools on wall street, where would they rank with those schools above? say oxford or LSE?

8/21/06

UVA should be ranked ahead of Duke. Duke is horrible...an unbiased opinion.

8/21/06

OxBridge would go on the 1.
LSE would go 2.
Westpoint,Navy go 3.
Coast Guard, Airforce, Sandhurst (Brtitsh) go 4.
Yes, I made an error, Duke should go down to the 4 space.

8/21/06

I. Caltech, MIT.
(gap)
II. Princeton, Yale, Harvard, Stanford, Oxbridge, Columbia, Chicago.
(gap)
III. Other T25s. (Including Wharton; it places very well on account of preparation, but is generally considered less prestigious than HYP.)
(gap)
IV. Respectable state schools (though Berk and Mich go into III).
(gap)
V. Everywhere else.

8/21/06

I disagree.
Refer to above

8/21/06

yea i would say this first list is pretty legit, however i think hyp gets slighly more prestige than wharton mit and stanford

8/21/06

Don't discount Michigan's B school, it is one of the best in the country, undergrad is top 5 and grad was number 1 last year. It's highly regarded over a lot of iveys because most of them dont have b schools.

8/21/06

michigan is a state school. its pretty good and i think its probably better than some ivys cause they have some amazing faculty members but our world is biased and people simply prefer private school students with similar or slightly lower academic credentials over public school students

8/21/06

i think mit and stanford stay, but wharton goes down to 2

  •  8/21/06

do people really care what school you went to after a few weeks into the job? i imagine new friendships irregardless of where you went to school are made, and your bosses won't really care where you went once they see who is really performing? or does going to harvard help overcome deficiencies even on the job?

In reply to
8/22/06

once you start it doesn't matter so much. if you when to a shitty school and outperform the stanford kid, you will be given more responsibility and eventually people won't care.

  •  8/22/06

We care because individuals from state schools tend to use words like "irregardless".

8/22/06

This list needs some work.

I agree Georgetown kids get some opportunity but the majority of kids coming out of there - idiots. Quality of education is horrible and the business school is worse than any of the top 10 public schools with a u-grad business program.

8/23/06

what about Stern people

8/23/06

What about the liberal arts colleges? lol

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

  •  8/23/06

there is no way in one of those lists above that chicago and columbia are more prestigious than wharton.

8/23/06

does anyone know how does finsia - securities institute australia rank?

  •  8/23/06

how would lse rank compared to top US schools eg Wharton, HYP?

  •  8/23/06

in the UK its
OxBridge
LSE
Imperial ,kings...

oxbridge goes up to 1 on the 1st post
lse 2 or 3

  •  8/23/06

there are liberal arts colleges that are recruited. Pomona college comes to mind.

  •  8/23/06

i think in the UK recruitment it is first LSE, then oxbridge and then everything else. in the US its probably oxbridge and lse at the same level or LSE being slightly lower but i think oxbridge and lse all go in to 2 on wall street.

  •  8/28/06

really? lse is ahead of oxbridge in the uk? is lse well represented on street?

  •  8/28/06

OF COURSE lse is represented well.

as far as all this meticulous ranking, it seems like something paranoid asian parents would do.

8/28/06

yes, i'm paranoid: do any alums know where i can find stats about lse grads in BBs?

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation +

IB Interview Prep Pack

30,000+ sold & REAL questions.

Resume Help from Actual IB Pros

Land More IB Interviews.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews.

8/29/06

not so sure about hopkins being on the first list..isnt that place more of a great place to go for medical school

8/29/06

you can't get a list which everyone will like... everyone has different opinions. With that said, I think the OP's ranking is pretty good.

In reply to Kimbo Slice
8/30/06

caltech at #1....

12/24/06

cung9263, Finasia is not a university but a professional qualification, like CFA. On that point, CFA is much more worthwhile and more highly regarded.

12/25/06

I take a kid who is willing to work hard from a public school over a silver spoon private school kid any day of the week...

12/25/06

think it comes down to really who's smarter/works harder. A lot of this industry is about connections and esp. who's going to 'take care' of you when you get there (i.e. the alums). If you have a strong alum connection at banks and whatever, it makes your transition alot easier. hate to say it, but alums from my school (especially ones who are in MD positions) love to meet the first year analysts and take them under their wing(s?) particularly when it comes to placement in product groups, exit opps, showing the analysts the ropes and whatnot. It's a pretty nice deal. So while you may be willing to work harder than the ivy league kid, luck and connections is a huge part of it. I'd take luck over being 'good' any day. You can be fantastic but if you're in a sucky group, you might get nowhere. Or, if you're a great group but you're just average or mediocre and do the bare minimum, you often reap the benefits of what's going on in the industry.

Done with rant. carry on.

12/26/06
12/26/06

You are right, We had a few state school kids, like UT Austin, UWashington, UC Berkeley, and they were rockstars, they all went to tier 1 Private Equity. The stanford kids couldn't even land a gig after two years, The Harvard history major couldn't even calc EBITDA.

--
Interview Guides
GMAT Tutors
WSO Resume Review
---
Current:
Senior Analyst - Hedge Fund
Past:
Associate - Tech Buyout
Analyst - Morgan St

2/9/07

What about some of the southern ivies like Vandy, Tulane or Rice?

In reply to Jude84
2/9/07
Jude84:

What about some of the southern ivies like Vandy, Tulane or Rice?

Or Emory?

2/9/07

As good as those schools are, not sure we should be referring to them as a part of the Ivy League. Kind of reminds me of the guy who, a few months ago, asserted that there were five Ivies in Texas alone.

Vandy, Tulane, Rice, and Emory are all viewed with a modicum of respect, but a student from that league of schools still has to work extremely hard to get noticed in an applicant pool.

2/9/07

in my opinion, you're better going to utexas instead of rice if you live in texas. there are more banks (especially for NYC) that come to campus....if you're in the south, emory is decent, but not great for placement. duke/unc/uva are probably the 3 best schools in south for placement.

2/9/07

Well out of the ones that were listed in the South (Vandy,Tulane, Rice, Emory). Which one is the one that gets the most respect. Im leaning towards Vandy.

2/9/07

Scottwibell,

So you have seen more UT grads make it than Rice grads?

2/9/07

more UT grads definitely. However, realize that UT is much larger and many more people want to get into banking. Most UT grads are in Houston office, but fair number are going up to NYC over the past 3-4 years.

In Houston, Rice is best. Overall and NYC in particular, I'd say that Emory gets the most respect. It seems like half the school is filled with rich kids from Jersey and Long Island with lot of connections. Seriously, the school has a strong business program and has Atlanta to back it up.

2/9/07

So Emory over Vandy and UT over Rice when it comes to Texas, but not NYC.
Well I already worked up an easy ride into Vandy's Graduate Econ department and was ready take some finance courses from Owen, but I also have a shot at Emory. And if Emory commands more respect on the Street then I might as well shoot for Atlanta.

2/9/07

I can confirm this. I've seen more Emory grads on the street than Vandy grads, and more UT grads than Rice grads.

Not sure whether I've seen more UT than Emory. Perhaps about equal.

2/9/07

Em-who? You mean Embry-Riddle Aeronautical?

In reply to holymonkey
2/9/07

Obviously there are less overall b/c of graduating classes with 350-650 kids but it seems as if there is a high relative % of Amherst, Williams, Middlebury, Colgate, etc.

varying in prestige but probably finding themselves upwards of tier 2-4 because of very strong alumni networks.

2/9/07

Emory? You mean the school that ivy rejects from Long Island go to? That school gets more cred than Vandy? People actually want to go to Vandy vs. Emory. I can understand UT becaue more kids want to go into IB there than at Rice.

2/9/07
2/9/07

How about the University of Miami?

2/9/07

While a great, great engineering schools, I have yet to come across a Cal Tech banker. Obviously, the main reason is they want to be engineers and scientists with creativity, not us banker monkeys.

2/9/07

Scott, what about Notre Dame. And what's the deal with Emory?

2/9/07

If we're talking about undergrad, Berkeley should be knocked down a tier. And along the same lines as what scott said regarding Cal Tech, Hopkins, while probably being one of the most difficult schools on that list, does not regularly place a significant number of its graduates into the analyst ranks of the BBs.

2/9/07

does well in Chicago b/c of strong alumni network and ties. Not sure about NYC.

Emory is decent, but you'll see more its grads at banks like B of A, DB, BS, etc. rather than GS/MS/Lehman.

2/9/07

And I agree that a couple of liberal arts schools should be added to the tier four spot. Williams and Claremont McKenna certainly place more people on Wall Street in absolute numbers than Georgetown, let alone relative to their student body sizes (2,000 and 1,000, respectively, compared to G-town's 7,000). For Williams, think Herb Allen (founder of Allen&Co) and Joe Rice (co-founder of Clayton, Dubilier & Rice), and for Claremont McKenna think Henry Kravis, George Roberts, and Peter Weinberg (KKR and Perella Weinberg).

2/9/07

Which has more of a Street presence, Harvard or Stanford?

2/9/07

In the OP , I assume that "Penn" in the II bracket is talking about the other schools besides Wharton at Penn, is this correct.

2/10/07

i dont think Notre Dame would be a target school

2/10/07

What about Vanderbilt?

2/10/07

Vanderbilt gets decent recruitment but not great. More so than Emory I think. In all of my interviews I have seen only 1 emory student.

From what I know, GS, ML, MS, BoA, DB, Leh, Wachovia, and ST and some MM's recruit at Vandy for internships and a whole lot MM's and all of the above + Lazard public finance and some others recruit for full-time. What I am trying to say is that, if you are a good student at Vandy (3.6+) with some decent credentials, you will be getting interviews for an internship for a BB, guaranteed

2/10/07

Vandy: NO, just no... Vandy is a MED SCHOOL!
Notre Dame: no...
Emory: eh, okay recruitment...
Cal Tech: HELL TO THE NO! Wall Street doesen't need any nerdy engineers/scientists running around...

2/10/07

What about University of Miami?

They do get all the big name ibanks such as Goldman, Morgan Stanley, Merrill Lynch, JP Morgan and Citigroup but it is mostly for back or middle office internships and FT.

2/10/07

Why no Vandy, Greedy?
I thought Notre Dame was up there as well.
I thought that with all the Long Island kids Emory would be a sure thing.
I can understand Cal Tech.

Elaborate a bit Greedy.

2/10/07

Greedy you are just plain wrong. I went to vandy and I know who came and how many people they called for second rounds. GS - 5, DB - 6, SunTrsut - 3, Wachovia - 3, should I go on? Vandy doesn't get Harvard type of recruitment but it gets decent opportunities and also fewer people at Vandy apply for internships than at Wharton etc., so it is less competitive

In reply to Greed2317
2/10/07
Greedy Gilmore:

Vandy: NO, just no... Vandy is a MED SCHOOL!
Notre Dame: no...
Emory: eh, okay recruitment...
Cal Tech: HELL TO THE NO! Wall Street doesen't need any nerdy engineers/scientists running around...

ur an idiot

In reply to Daniel T Bush
2/10/07

Well they are no where near Wharton, HBS, Ross, Tuck, Yale, Princeton, Kelley, Stern, Darden/McIntire, Sloan, Haas, Tepper, ETC...

Gouzieta is a great school, but being in Atlanta hurts recruitment.

BTW: I'm semi-drunk right now, so keep that in mind...

In reply to Roller4Life
2/10/07
Roller4Life:

How about the University of Miami?

Is this a joke? Obviously they, plus other schools in that tier, get recruited for back office positions (IT, Operations, etc.) at banks (someone needs to do these jobs). But if you want to do banking from U Miami, you better have a very well connected dad or be a minority.

Also, what is with all this talk about "middle office" positions? There is no such thing as middle office. There is front office = generates P&L and back office = doesn't generate P&L (provides support activities to the front office). What the heck is middle office?

2/10/07

I've also visited Vandy many times... The last time I checked, they mostly cared about medicine and law. didn't really notice the finance side...

2/11/07

good school for banking. You will get jobs in Charlotte at Wachovia or NYC at Bear Stearns/DB. I doubt MS/GS/Lehman hire more than 1 person max. I know that MS didn't hire anyone a few years ago. Emory is definitely better b/c it has undergrad business school. Both schools are hurt by being in the south and are way below ivy leagues/top public (UVA, Cal, Mich, UNC), and top private (NWU, Chicago, MIT, Duke, etc.)

2/11/07
2/11/07

Kelley is good but not the best for IB placement

In reply to scotttwibell
2/11/07
scotttwibell:

good school for banking. You will get jobs in Charlotte at Wachovia or NYC at Bear Stearns/DB. I doubt MS/GS/Lehman hire more than 1 person max. I know that MS didn't hire anyone a few years ago. Emory is definitely better b/c it has undergrad business school. Both schools are hurt by being in the south and are way below ivy leagues/top public (UVA, Cal, Mich, UNC), and top private (NWU, Chicago, MIT, Duke, etc.)

False. But I don't feel like arguing with you. All I know is that if people at Vandy are qualified, they will have a shot at the top jobs

2/11/07

vandy sucks a nut (my left one, the bigger one).
BOOM! Crabcakes and football, that's what Maryland does!

2/11/07

I hear Vandy is good, but not great. I wouldnt say it sucks a nut.

In reply to scotttwibell
2/11/07
scotttwibell:

good school for banking. You will get jobs in Charlotte at Wachovia or NYC at Bear Stearns/DB. I doubt MS/GS/Lehman hire more than 1 person max. I know that MS didn't hire anyone a few years ago. Emory is definitely better b/c it has undergrad business school. Both schools are hurt by being in the south and are way below ivy leagues/top public (UVA, Cal, Mich, UNC), and top private (NWU, Chicago, MIT, Duke, etc.)

Duke's in the south.

2/11/07

Exactly, which is why I don't understand why other schools like Emory and Vandy are "hurt because they're in the south"

2/11/07

I personally think Duke is overrated. They've seen a meteoric rise in rankings because of their highly successful basketball team. That translates into a higher alumni giving rate and a higher applicant pool. These are two criteria that US News uses to rank schools. A bit misguided, but it is what it is.

In reply to Yeeah
2/11/07
Yeeah:

I personally think Duke is overrated. They've seen a meteoric rise in rankings because of their highly successful basketball team. That translates into a higher alumni giving rate and a higher applicant pool. These are two criteria that US News uses to rank schools. A bit misguided, but it is what it is.

2/11/07

Duke, Vandy, Emory, Rice, Tulane...they're all pretty good schools and are recognized nationally despite being in the south. Granted they dont rank as high as thier northern counterparts (minus Duke) but they shouldnt be spat upon. Damn, WUSL and CMU arent so grand and they're not in the south.

2/13/07

school prestige on the street meaning what do most of the monkeys in the cubes think of these scools and what reaction do they form when they hear you are from that scool

1. H/P/Stanford Y/Wharton (douchbags)
2. COlumbia/Penn/Cornell/Duke/Darmouth/Cal/Brown

i know i missed a bunch..
this is IMHO

livin large in miami

In reply to glee
2/13/07

Williams, Amherst, Swat, Wellesley and Middlebury (only if you are really smart).

I actually think kids in these schools do better than Wharton or bskewl undergrads.

2/15/07

I mean Goldmans giving us 15 spots alone...

2/15/07

what about the U of C schools?

In reply to PETillIDie
3/10/07

AWS are recruited heavily by almost every top firm. the alumni networks are strong and welcoming - i think they work harder to bring in kids from their schools than other alumni groups (this probably holds for all LACs). Plus, there's less competition on-campus for those spots.

who said you need to learn finance in college anyway? why shouldn't you learn poetry and math and philosophy (and other things that will make you learn how to think well)? you can't learn those things from top professors when you're working at GS, but you can learn finance on the job.

In reply to glee
3/10/07
3/10/07

indiana university-kelley school of business?

3/11/07
In reply to NickCarraway
3/11/07
NickCarraway:

What about BC?

I'm assuming you are referring to Boston College. While their arts and science school wouldn't stand a chance, they have a strong school of management. They have previously scored poorly because of their affiliation with their MBA program, which is terrible in comparison to their UG. They get great placement at UBS and Citi because of alumni affiliation (around 6 placements each for IBD). They don't do well in tier 1 BB.

3/11/07

Let us make this easy..follow steps:

i.) Copy/paste current/posted prestige list(1-4) ranking into the word processing program of your choice err..i mean excel.

ii.) Add the following 2 lines:

5. _______________
6. _______________

iii.) Fill in according to your own personal preferences and save to documents.

iv.) Debate.

3/11/07

School doesn't matter. I'm at FSU and going to top NY boutique, and some of my other classmates broke into BB with a little tenacity. Enjoy your life, and work to live, not live to work.

In reply to Greed2317
3/11/07
Greedy Gilmore:

Cal Tech: HELL TO THE NO! Wall Street doesen't need any nerdy engineers/scientists running around...

Are you joking? They might not end up (or want to be) in m&a advisory, but there is defintely a place for top quality engineers and scientists on wall street. Quant work/derivatives/black box trading...

3/11/07

How about W&L? I've seen a lot of people come into banking from this school... anyone know it?

Pages

What's Your Opinion? Comment below:

Login or register to get credit (collect bananas).
All anonymous comments are unpublished until reviewed. No links or promotional material will be allowed. Most comments are published within 24 hours.
WallStreet Prep Master Financial Modeling