BB SA List

Thought it may be helpful to post the breakdown of incoming summer analysts at my BB:

Uber-Targets:
Harvard – 15

Stanford – 10

Upenn (Wharton) – 8

Targets:
Duke – 6
Umich – 6
Princeton – 6
Berkeley – 6

Columbia – 5

Dartmouth – 4
Yale – 4
Cornell – 4
Brown – 4

Williams – 3
Claremont McKenna/Pomona – 3

Semi-Targets:
Upenn (Non Wharton) – 2
NYU (Non Stern) – 2
UNC (Kenan-Flagler) – 2
Amherst – 2
Notre Dame – 2
UVA (McIntire) - 2
USC – 2
MIT – 2
UCLA – 2

Semi or Non-Targets:
NYU (Stern) – 1
Wellesley – 1
Indiana – 1
UNC (Non Kenan-Flagler) – 1
UVA (Non McIntire) – 1
WHU – 1
Colgate – 1
UT Austin – 1
Richard Ivey – 1
McGill – 1
Texas A&M – 1
Bowdoin – 1
Wesleyan – 1
Vanderbilt – 1
The U – 1

 

I labeled them as such based on my (debatable) perceptions. And for further clarification, I referred to the schools only sending one student as either semi-targets, who just happened to have a bad year and only ended up with one kid at the bank (eg Stern, which belongs in the category with Amherst, UVA, and MIT), or non-targets, who were lucky to have one kid going (eg Texas A&M).

Sorry for the confusion.

 
Prescott Moncrief III:
I labeled them as such based on my (debatable) perceptions. And for further clarification, I referred to the schools only sending one student as either semi-targets, who just happened to have a bad year and only ended up with one kid at the bank (eg Stern, which belongs in the category with Amherst, UVA, and MIT), or non-targets, who were lucky to have one kid going (eg Texas A&M).

Sorry for the confusion.

It seems like you based your definition of target by the number of analysts the bank hired.

 

UT-Austin and UVA are considered targets by almost every BB. Granted, UT-Austin is a target mainly because it sends tons of kids to the Houston offices (relative to the size of the offices).

More importantly, most of those targets & uber-targets don't even have good football teams. Ridiculous.

 
Best Response

To answer all the questions:

sshiah - US offices, and it should be pretty obvious where I am based on this and past posts (I think?), just (irrationally?) don't want to say it explicitly .

jbc - UT and UVA I would consider semi targets; definitely not at the level of the ivies, but comparable to the others I listed as semi targets, such as Amherst and MIT.

fp - I guess you're not a huge college football fan, but The U stands for the University of Miami

gqbanker - Yeah, that's pretty much the definition I used, but trust me, it doesn't really change that much from year to year. The only real variability comes in at the lower levels, from schools that only send one or two kids, which is why some of those only sending one are non-targets, and some are semi-targets. Overall, though, definitely didn't put too much effort into the list - just went off the assumption that there should be a statistically significant high positive correlation between number of students going and whether a school is a target or not.

gshell - good catch, Northwestern should have one up there. Also, Boston College and Middlebury both have one and Georgetown two.

 

Just caught Prescott's post-Canada must be included in there, as I know MS was one of the banks that fears 'visa issues' for summers, and therefore recruits at Canadian schools only for the Toronto office.

 
goldmansbanker:
Is this the number of people accepted or the number of people joining?

I know it's not MS. Harvard didn't send 15 this year. It's not GS, Citi, Lehman, ML either

OP wrote SA IBD intern class

I think this becomes confusing-misleading is that Prescott put schools under his/her definition of target, semi target, etc. and seems to be by numbers.

Misleading because as most of you know or will find out--that different banks go heavy to diff schools-- due to alumni, location, past success, etc. Also interns can get positions other than thru campus recruiting.

At some of the LACs and State schools, you will find that either MS or GS or UBS or JPM will have a different number of interns--not based solely on interns qualifications but recruiting practice.

For example- Citi/LB recuit heavier at different schools than MS/GS due to competition, time restraints and money spent versus return.

They are all good banks and all good schools.

And US citizens can and do go abroad to school(even to Canada!) and still apply for summer internships in the US.

By putting those labels on the schools it screws up perception.

 
gshell:
so of these 120, say about 100 take full time spots. how many additional FT positions are usually available?

Not quite how it works. Say the bank offers circa 75% of SAs a FT position (does everyone agree this is fairly standard?-except for LB which offers higher rate)...Bank then decides how many more positions they need to fill depending on acceptance numbers, staffing needs,economic projections, etc.

If they decice they only need 90 FT analysts for class of 2008--and all or most accept offer. The less positions needed to fill.

numbers just used for example- If indeed it is MS, higher acceptance rate from SA to FT.

 
gshell:
yeah i realize it varies, just looking for an approximation

Last summer, LB filled~~95% of class with summers. Probably had 5 or so spots open in IBD.

Guess, based on recruiting numbers-GS,MS,circa 10 IBD spots open---UBS,Citi,CS, JPM, CS,DB slightly more.

Will be interesting to see after this summer for class of 2008--my gut tells me overall banks will be hiring fewer FT. Also banks in US have more of a problem with FTs who need visas.

Have to say this is total speculation on my behalf.

It is like a brain teaser--

 
jman:
who cares which BB this is. It's just serving as a sample for everyone to get a general idea. does it matter which bank it is? get over it

It actually matters which bank it is, for all the aforementioned reasons. It skews the sample and is not representative of all BB's because different banks recruit heavily at different schools, i.e. Citi at Cornell and Rutgers, MS at Duke. So the "idea" is not that "general".

 
ebitda913:
I know a certain business fraternity in Berkeley alone is sending more than 6 to GS IBD this summer.

So what???

I don't get it. This wasn't meant as a guessing game or mine is bigger and better than yours.

OP was just presenting info.

Why do people want to continue to post when threads revert to such behavior?

 

You guys are retarded if you think MS is specifically hiring Duke grads because it is the alma matter of the CEO. That is not exactly how business gets done at this level.

Also, Duke probably places more people at BB firms in NYC than any school other than Harvard, Princeton and UPenn Wharton. That is not to say it is a necessarily a better school than Yale, Darthmouth or Columbia but rather that more people there want to do Ibanking... although people on this board probably don't understand the difference between the two.

 

For several days, this thread has consistently been pushed to the top of the forum for no reason other than to facilitate a "guess-which-bank" game (and its ensuing arguments).

Am I missing something here? Is there a good reason to care about which bank this is? For the purpose of this post, let "good" be defined as any of the following: 1) helps someone's job/internship search 2) reveals something (new) about the industry 3) adds value to the thread author's post

 
justanotherbanker:

Am I missing something here? Is there a good reason to care about which bank this is?

Nope, it's just fun to try and guess. Otherwise, this thread would be dead, because I don't see any reason the OP posted this.

 

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