How is Yale for IB recruiting?
Incoming transfer student (athlete, from good athletics school but realized I wasn't going pro). How does Yale place into IB compared to peers? Yes, obviously they do well, but I mean in comparison to HPSM/Wharton, and if there are any banks with particularly large Yale alumni present.
Dude, it’s one of the top targets. Any difference in edge or outcome will come from your own networking/effort. The sports network is also real, so don’t be afraid to use that either.
Aware that most things are feasible, but that breakdown of PE firms by alumni showed Yale relatively under represented, so I'm just looking for info/more details (I know that's a v flawed proxy, but I'd like to have a rough idea of what I'm looking at beforehand)
Well you can be part of that "Yale thing" - I've heard its pretty popular on the Street.
NPC response
You’re screwed. Id start looking into consulting or wealth management
Are you kidding? That's far too prestigious for Yale alumni. They need to aim for something like commercial banking at a local credit union to stand a chance in recruiting.
you're smart enough to figure this one out :)
Didn't know if there were any banks with particularly close relationships :) seems like a reasonable question :)
keep in mind he's an athlete
Horse trash. Wharton better imo
Top 5 school in the world and that's unflattering view - who else are HR reps going to cream their pants about if not hiring a Yale grad? Would suggest that any data showing underrepresentation is due to the students gravitating towards other fields / careers rather than banking.
Not good. During the last decade, only 6 - 8 people landed in IB (Middle Market outside NY, because it's quite non-target so recruiting for NY IB it's close to impossible + and those who made it, did so only because they applied as diversity leaders and transgender). My advice: As soon as you step into Yale i.e 1st week, don't lose more time and start the grind. Reach out to those 6 - 8 alumni asking for internships in their shops (Wyoming, Detroit, Albuquerque, etc.) - imo I don't think they have much voice in their team because they're from Yale so no way they're in FO, BO at best (not Compliance, because Compliance usually is filled by smarter people), but still worth trying.
As reaching out to alumni is worthless (as pointed out in the previous last sentence), start cold calling and sending emails like crazy, if you manage to send around 200 emails, you may get, realistically, 3 - 5 replies back (2 of those may reply with "what's Yale"? but the other 3 may accept only because they can't wait to try on someone else the 48 Rules of Power). Even if you're incredibly smart and determined, the university name it's extremely important for bankers so they will hesitate to accept a coffee with someone from a no-name school because it puts their reputation at risk, clients may move to banks that only go to coffee meetings with Harvard students, and also, their girlfriends will tell them that they're weird and low-class.
But don't worry, you're not lost (yet), if you're determined, grind enough, and have a little luck, you may land in a well-respected LMM shop straight after your undergrad (assuming you have 2 or 3 relevant internships and a 4.0 GPA). Otherwise, you could go into Audit (in India, because you have no shot in any Big 4 in the US) and afterward go for an MBA at Harvard (the only target in the world) and you could make it in IB.
I wish you luck, man. The place where you are is extremely unlucky, but I hope you will make things work out. Stay strong and never regret your decision, life has only lessons.
The amount of time y'all put into shitposting never ceases to amaze me
Second this. I got offered Yale with full scholarship but opted out to go with Illinois. Since then I've never looked back and I couldn't be happier with my decision.
"Coming from a super non-target (think local CC, trade school, Yale) what are my options?"
-
You see, that's what I'm talking about OP. He asks for PM when he is in anonymity.
That's everything you need to know about Yale.
I cant believe some people are posting legit responses to this shit post:)
my man intentionally dropping the Y from "HYPSM"
Should be tough to break into IB but I heard it's improving in placement. Might be a semi target if more people get offers at EBs like FT Partners (most prestigious bank on the street). You would do better at a real business school like Kelley. Good luck learning gender studies with Emily
Et at qui ut magni ea provident voluptate earum. Ad officiis non nulla voluptatem consequatur est expedita. Eius esse quis quia ullam. Rerum rerum enim non dolorum. Consequatur quos repudiandae id. Et dolorum quas placeat est.
Blanditiis accusamus omnis sed qui tempore sunt aut. Libero veniam et nemo est eos. Fuga et commodi totam beatae odio.
Odit corrupti itaque beatae consequatur deserunt veritatis pariatur. Veritatis cupiditate eum laborum quia. Placeat non autem repellat autem illo repudiandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Laborum explicabo placeat accusamus molestias aspernatur. Sed et quo corporis. Quo alias eius sint quo ut quibusdam.
Et commodi eligendi totam repellendus nihil nulla. Alias et sint ut voluptatem accusantium qui. Ea facere repellat non commodi magnam. Laudantium at quam in.
Velit esse sed blanditiis ab. Ut et repellat quam tempore voluptatem minima. Consequuntur sit ipsa at quae. Accusantium voluptates consequatur unde magnam dolores. Non illum eos aut voluptatem doloribus.