This post is for a high school senior who got direct admit to Berkeley Haas class of 2029. Main question: how many kids from Haas (class of ~400) land BB, EB, VC, PE and HF jobs? I've heard Haas places well on west coast, but unclear how many kids make it per year? 25 kids? 100 kids? 200 kids? Of all Haas kids who wanted to do IB, what % get offers?
- I'm comparing Haas versus Ross, which I hear lands around 150 - 200 kids in high finance every year. Haas has better overall reputations, but does it place similar percent of interested kids?
- East coast versus west coast, weather or Greek life are not relevant
THANK YOU SO MUCH IN ADVANCE
hard to say haas alone vs all of cal
total cal: 80+ to BB/EB West Coast, 15+ BB/EB NYC, 15+ HF (mostly CAP, P72), and perhaps ~5 a year to MF PE
these numbers r a stretch
Thanks! Your numbers add up to 125. If 3/4th of these offers go to Haas kids, that would represent ~25% of Haas kids getting IB, PE, HF jobs. Does 25% high finance placement look directionally okay?
Don’t focus on #s — not everyone wants to do banking… and so many outside of Haas try to do banking too so it’s hard to say.
But I graduated from haas recently and can say confidently placement is excellent for those who try hard and are in business clubs
(Haas alum) while I appreciate the quantitative approach, I wouldn't fixate too much on "which school has a higher high finance placement rate" as that also heavily depends on where people want to go. At Cal, more people want to do consulting than banking (resulting in higher numbers going to Big 3, Big 4, etc.) but that doesn't mean it's harder for people to get into banking.
From my class, I know we have representation at almost all major BBs and EBs across both coasts, though definitely Bay Area-focused. If you want to do tech banking / live in the Bay or LA, Cal is a no brainer as I rarely come across Ross kids. On the east coast, I have no idea but Cal still places well assuming you're down to network.
Appreciate the feedback. As to West Coast, I’d think banks do OCR. For East Coast, I’d assume banks to not come to campus for presentations, or recruiting. So how would kids even approach NY recruiting since banks don’t come to campus?
Also, is there any traction for Europe or Asia recruiting? During my time at Wharton MBA, Asian and European banks came campus for presentation, recruiting and interviews. But not sure if they come for Haas undergrad.
For OCR, it's mostly Bay Area offices. The way you recruit NY recruiting is the same as any for those that don't go on campus - you reach out to folks in that office with some sort of connection (college/high school alumni, same hometown, hobbies, etc.) for coffee chats and go from there. It's certainly harder but many kids go that route every year.
Haven't heard of European / Asia recruiting on campus, but in that case you should pick Cal as nobody outside the U.S. would have heard about Ross.
Would you be willing to share your stats/ecs?
So I checked with Haas. Approximately 18-20% of HAAS kids go to investment banking and high finance. Whereas this is lower than Ross and most Ivies, some of this is due to self selection in that kids want to pursue tech and consulting more than banking.
Lots of my friends went to Haas 2-3 years ago, this is what I learned from them: Haas will keep doors open to technology, innovation, and entrepreneurship, whereas those are harder at other schools.
Tbh it always depends on what clubs you join in UG. My Haas boys told me that some of the clubs/business frats/student orgs had very strong placements.
If you are a pure finance kid - I would go to Ross. If you want to keep your options open and explore other industries in college I would choose Haas and make an effort to join a top finance club on campus, both UBG and BC are great organizations based on the students I've met there during visits to Berkeley. Ross on the other hand will open up doors as it is a strong target for lots of great firms. Because the school itself places well overall, I wouldn't be as hardo on joining clubs as Berkeley - but some great orgs are MIBC, MII, AIC, GIC, and I've heard great stuff about their AKPsi chapter as well.
About to go to Berkeley - thanks for the recs, what other finance orgs should I apply to at Berkeley? I saw that UBG and BC are probably very selective and I want to apply to a bunch when I get to campus in the fall
BC isn't a finance club, its mainly consulting. Probably look towards clubs like BIG, BFC, BAP, CBA etc
depends on what type of finance you want to do. for publics, BIG and CIB are definitely will get you prepped for L/S interviews. for banking, the business frats (UBG, CBA, BAP), definitely have the largest pipelines but also have the hardest processes to join. Other clubs that recruit well include BFC and UFA (has the most extensive alumni pipelines). Miscellaneous business orgs like BBS, BC, PSE, AEZ, TBG, Voyager all send a few kids to great banks each year as well. TL;DR there is definitely an abundance, so try to find the people you like the most and you will be just fine.
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