Importance of Target/Differences in Recruiting for LA IB

LA IBD recruiting is usually done based on outreach. For a BB with a 4 person analyst class, ~280 students might reach for jr. summer, we'll superday 50, and give 4 offers (obviously tons more apply without the networking aspect). Given the smaller offices and tight-knit teams, we often pass students around if we like them and have 4-5 conversations before moving forward. Over the course of the process, students tend to meet at least 50% of the offices and the superday might consist of 6-8 interviews. 

There are not necessarily set target schools, but we tend to consistently get a solid group of analysts from the typical west coast targets - Berkeley, USC, UCLA, etc. (Stanford kids don't go for banking as much, but we do see them from time to time) in addition to the regular east coast students from LA who reach out. Since the process is much more ad hoc, students from all schools have a fair chance. A typical superday might have a mix of Berkeley, USC, UCLA, Stanford, Ivies, Duke, NYU, etc. 

A simple LinkedIn search will give you a sense of the analyst classes and schools:

GS - UChicago, OSU, Ivey, UCLA, BYU, USC, Penn, Berkeley

MS - UCLA, Harvard, CMC, UMich, Yale, Cornell, NYU, Berkeley, USC, Brown, Penn 

BAML - Dartmouth, USC, UCLA, Yale, WashU

Barclays - USC, Berkeley, Arizona, Washington, UMich, UVA, Harvard

CS - Berkeley, Pomona, UCLA, ASU, Utah, BYU, Penn, USC

Citi - USC, Berkeley, UCLA , BYU, Northeastern, CMC

Lazard - Berkeley, USC, Arizona, Villanova, McGill

Moelis - Yale, Penn, CMC, Georgia, Duke, USC, McGill, UCLA, Cornell, Ivey, McMaster, Berkeley, UBC, UChicago

PWP - Berkeley, UCLA, USC, Stanford

HL RX - Berkeley, McGill, USC, UCLA, Penn, Ivey

Some would argue that LA recruiting is harder than NY due to the extensive process and amount of touchpoints you have with the bankers. It's easy to hide in a group of 15-20 analysts in NY, but when you're in LA, you get the reps in from day 1. It's been a pleasure seeing my analysts go through the program and I'm personally a big advocate for banking in the best city. Feel free to ask further questions - happy to help in any way as there seems to be not enough information on here with regards to LA. Cheers.