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What's up with people ranking target schools?
 

Beretta's picture
ST
(Orangutan, 358
 
Points)
 on 7/17/12 at 1:20pm

Never understood why people would make the effort to rank target schools. Most rankings I've read on this forum are basically re-creations of U.S. Newsweek...and they are certainly not accurate based on last year's or this year's numbers. Most people seem to just make up a random ranking to justify their own bias (or to support their own school). Personally I think this whole Tier 1 and Tier 2 thing is a joke.

Thoughts?

Tags:
Ron Paul's picture

Like, I know right!

 
Points)
 on 7/17/12 at 1:36pm

Like, I know right!

Thurnis Haley's picture

You're just jealous because I

(Orangutan, 367
 
Points)
 on 7/17/12 at 1:39pm

You're just jealous because I go to one of HYPS*.

*(Huron, Youngston, Pitt, Samford)

kidflash's picture

I think your argument makes

IB
(Gorilla, 667
 
Points)
 on 7/17/12 at 1:39pm

I think your argument makes sense to an extent. However there are some disconnects like WashU, Vanderbilt, JHU. To the tier one/two, I think there's some merits. Banks pick more kids from tier one targets than tier two, even if they recruit from both.

FormerHornetDriver's picture

Are you talking MBA or just

IB
(Orangutan, 363
 
Points)
 on 7/17/12 at 1:48pm

Are you talking MBA or just undergrad?

As for MBAs, there's a pretty well agreed upon list of target schools. However, petty arguments about who outranks who within that group is pretty much a waste of time. Once you're in the door, who cares?

Beretta's picture

FormerHornetDriver: Are you

ST
(Orangutan, 358
 
Points)
 on 7/17/12 at 2:04pm
FormerHornetDriver:

Are you talking MBA or just undergrad?

As for MBAs, there's a pretty well agreed upon list of target schools. However, petty arguments about who outranks who within that group is pretty much a waste of time. Once you're in the door, who cares?

Talking about undergrad only. Ivies, Duke, Stanford, MIT...blah blah blah. I saw this one thread where people were arguing about recruiting at Columbia/Cornell/Dartmouth. Honestly, who gives a shit???? Any target school is great.

Sling Shot's picture

Beretta: FormerHornetDriver

(Monkey, 43
 
Points)
 on 7/17/12 at 2:30pm
Beretta:
FormerHornetDriver:

Are you talking MBA or just undergrad?

As for MBAs, there's a pretty well agreed upon list of target schools. However, petty arguments about who outranks who within that group is pretty much a waste of time. Once you're in the door, who cares?

Talking about undergrad only. Ivies, Duke, Stanford, MIT...blah blah blah. I saw this one thread where people were arguing about recruiting at Columbia/Cornell/Dartmouth. Honestly, who gives a shit???? Any target school is great.

Offer allocations are not even close to being evenly distributed among targets (i.e. a BB might set aside 10-12 spots for Wharton and 2-3 spots for Cornell) Granted, its still a hell of a lot better than nothing.

Also "ranking" often has a lot to do with the interests of the students. A BB might allocate fewer spots to Brown, for instance, because they expect fewer applications from there..

wrestlemaniac's picture

JPM's current IB summer

 
Points)
 on 7/17/12 at 3:52pm

JPM's current IB summer analyst class (as an example) has 8 each from HPW, 6 or so from Cornell, and then there's a big drop off after that in terms of analysts per school (Yale might be up there too)

FernandoTorres9's picture

All depends. Harvard is

 
Points)
 on 7/17/12 at 4:01pm

All depends. Harvard is really the only school that outperforms relative to the number of students interested in finance. High numbers for Wharton shouldn't count as much given the sheer number of interested students.

It is true that targets vary. Dartmouth, for example, crushes at GS and MS, but fares relatively poorly at JPM. It sends kids every year to Bain PE (has had 1 out of 3 per class for the past 5 years or so) and is one of the largest feeders into Bridgewater, but CS doesn't even recruit on campus.

It's not as clear cut as it all seems. In my experience, the only school that is targeted by basically every firm is Wharton. That said, the competition is stiff, so don't mistake increased on-campus recruiting for better chances.

What is consistent across all targets is that if you are looking to go to a place that isn't actively recruiting on campus, the alumni network and brand name are invaluable.

kidflash's picture

D1 finance: JPM's current IB

IB
(Gorilla, 667
 
Points)
 on 7/17/12 at 4:18pm
D1 finance:

JPM's current IB summer analyst class (as an example) has 8 each from HPW, 6 or so from Cornell, and then there's a big drop off after that in terms of analysts per school (Yale might be up there too)

Cornell has more than 6. The current IB class's second largest feeder school is Cornell, atleast according to people I know at the bank.

wrestlemaniac's picture

@kidflash - only if you

 
Points)
 on 7/17/12 at 4:49pm

@kidflash - only if you include public finance

kidflash's picture

D1 finance: @kidflash - only

IB
(Gorilla, 667
 
Points)
 on 7/17/12 at 5:03pm
D1 finance:

@kidflash - only if you include public finance

Ah. My contact didn't specify that for me. Thanks for the clarification.

Beretta's picture

D1 finance: JPM's current IB

ST
(Orangutan, 358
 
Points)
 on 7/17/12 at 5:23pm
D1 finance:

JPM's current IB summer analyst class (as an example) has 8 each from HPW, 6 or so from Cornell, and then there's a big drop off after that in terms of analysts per school (Yale might be up there too)

Do you have stats for other targets, other than Harvard & Cornell?

wrestlemaniac's picture

I saw the list a while ago

 
Points)
 on 7/17/12 at 5:50pm

I saw the list a while ago and don't remember anything more than what I've already said, sorry

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