UChicago -- target school discussion

Would anyone mind giving your opinions/advice on the present and future outlook for IB recruiting from the University of Chicago?

Based on old threads on WSO and CC (say, 2008 and prior), UChicago seems to be disregarded as being too "nerdy" and lacking social skills and not having great representation in NY.

But in more recent threads, UChicago seems to be garnering more respect (as well as higher USNWR rankings) and people have said that there is a growing presence of pre-professionalism on campus, with getting into IBD becoming more and more popular among its students.

So, what do you guys think about the recruiting outlook for this school?

Comments (101)

Oct 8, 2012 - 4:52am
dutchmiracle, what's your opinion? Comment below:

I think it will all take some time, but in the long run quality of the school and its students, plus more people moving into IDB will at a certain point mean more networking opportunities for students, and more awareness at the street for this university.

Oct 8, 2012 - 8:58am
Bruce Wayne, what's your opinion? Comment below:

I would call it a 3/4 target - obviously strong for Chicago offices but not as strong for NY offices. At the end of the day, it really depends on who's running the show in the office. If a bunch of MDs in NY went to UChicago, then obviously they would want to recruit from UChic students. But that seems to be only the case for Chicago offices. NY offices are more dominated by the 8 Ivies/Stanford/MIT/Duke.

Oct 8, 2012 - 10:17am
R0bin, what's your opinion? Comment below:

I've always been curious about this school..the mba was top ranked not too long ago by several publications, so they do have the national recognition. However, I have encountered a good number of their students and alums at, let's say, less than desirable firms. This kind of soured my views on Booth. Anyone want to comment on this?

Baby you're the perfect shape, baby you're the perfect weight. Treat me like my birthday, I want it this way and I want it that way. It makes a man feel good baby.
Oct 8, 2012 - 11:23am
eldiablo4857, what's your opinion? Comment below:

Booth is absolutely top-notch and perhaps the strongest feeder MBA program to high finance positions alongside Columbia and Wharton. There is very little "spillover" though with regards to the brand name and OCR to UChi undergraduates for some reason; lack of school spirit or maybe the MBAs think that the College students are the "losers" of the university?

JPM and Credit Suisse recruit very heavily at UChicago and there is also decent representation at Goldman among the undergraduates. It is not considered to be a core school by any other BB or any other elite boutique however. If you wish to study in the Midwest, your best shot of breaking into NYC IBD would be at Michigan's Ross school or Northwestern.

If you just want to have the strongest recruiting opportunities possible, I would advise you to aim for the Ivies minus Brown/Stanford/MIT/Duke/Georgetown/NYU Stern/UVA McIntire.

Oct 8, 2012 - 12:09pm
Bruce Wayne, what's your opinion? Comment below:
eldiablo4857:
If you just want to have the strongest recruiting opportunities possible, I would advise you to aim for the Ivies minus Brown/Stanford/MIT/Duke/Georgetown/NYU Stern/UVA McIntire.

I don't go to Brown - but what's your logic for excluding Brown? Is it the whole no-GPA thing? Interested to hear your thoughts.

Oct 8, 2012 - 9:53pm
eldiablo4857, what's your opinion? Comment below:

I just don't think that Brown has the same alumni network in Finance as some of the other schools listed, especially as it lacks an MBA program as well so there are fewer Brown alums at various BBs and boutiques to pull for their alma mater for OCR trips. I would still call it a target but its a much larger force for placement into Consulting, Medicine, Academia, and Law.

Oct 9, 2012 - 12:49am
loldanielol, what's your opinion? Comment below:

Another thing to note is that UChicago has a program called "Chicago Careers in Business" which is, I THINK, a feeder program into finance/consulting? Plus, undergraduates can take courses at Booth, which is a bonus.

Oct 11, 2012 - 1:24am
Goldman Stanley, what's your opinion? Comment below:

Thoughts on U Chicago Undergrad (Originally Posted: 05/04/2013)

Hi everyone,

I am interested in hearing what people think about this school for undergrad and how it ranks relative to other target schools in terms of OCR. More specifically, how good has its placement been in recent years? I know a lot has changed at this school in the past decade and students are more pre-professional and finance-oriented than ever before.

To give you guys a quick overview: the college is ranked #4 USNRW, 8.8% acceptance rate for this year, and lots of chatter about the changing nature of the student body:

http://chicagomaroon.com/2012/04/27/a-question-of-character/

But I don't know how this translates in terms of recruiting, if it even does. And there aren't many threads at ALL on WSO about this school.

I have also heard U Chicago placed the most at GS for internships last year -- any truth to it? Or is this for Booth and not for the college?

Interested in hearing thoughts from both alumni and non-alumni on the street, and especially interested in placement for the past few years.

Oct 11, 2012 - 1:25am
BankingPanda, what's your opinion? Comment below:

UChicago's IBD placement in recent years has looked something like this: 4-6 at CS NY4-5 at JP NY1-2 at GS NY~2-5 at other top firms (BB/MM/elite boutique), generally these are people who went outside OCR~5 at BBs in HK (not as familiar with this segment)

While this is not terrible placement, UChicago does not seem to be the target school that everyone thinks it is. There are more firms that have resume drops on campus, but the list above is a pretty accurate picture of the recruiting scene at UChicago.

One important thing to remember about target schools is that banks participate in OCR at specific schools because of high level school alumni asking HR for more students from their alma mater. This requires a school to have a few high level bankers at the firm. These individuals would have graduated from UChicago back when the acceptance rate was closer to 40%. Plus UChicago has had an issue getting alumni to feel nostalgic about the school as many people who graduated a few decades ago did not have the best time at the school (evidence: UChicago's legacy % is much lower than its peer institutions. This discrepancy is not completely by choice.).

The one thing I will say about UChicago is that the caliber of students getting BB IBD SA offers is significantly weaker than other target schools. Very few people have any banking experience going into recruiting and the amount of networking and interview prep done by UChicago students pales in comparison to other targets. This many help explain why UChicago places so poorly outside of the firms where UChicago kids are guaranteed X number of spots.

If you want a liberal arts education and an intellectually rigorous experience UChicago is a great place for you. You can definitely still get into investment banking from UChicago with the right focus on internships and extracurriculars to round out the liberal arts component. Whether you're better off at a different school with better recruiting is up to you. Ideally we could all go to HYP and get a great intellectual environment with incredible recruiting but UChicago isn't a terrible place to end up either.

Oct 11, 2012 - 1:26am
Goldman Stanley, what's your opinion? Comment below:

Are you serious?! Those are actually ridiculously low numbers...I'm a bit worried considering that it seems every other econ major in the class of 201x page is aiming for IB. Quite a few people already had finance experience between high school and freshman year. Is this more a problem with not having alumni in top finance positions or the student body not wanting to go into finance in general?

And would you mind if I contact you with some questions?

Oct 11, 2012 - 1:33am
IvyGrad, what's your opinion? Comment below:

If you can get into a mid Ivy (Dartmouth, Brown, or Columbia) or Duke, def pick one of these schools over U Chicago. More grade inflation, much better placement rate into banking/ consulting, equal academic quality, and you will have much more fun.

U Chicago undergrad isn't much of a 'target', nor is it a particularly a fun place to spend 4 years of your life. In fact, I would even choose a state school like U Michigan or U Virginia over U Chicago, for better OCR/ recruiting and the fact that these schools would be way more fun to attend.

Oct 11, 2012 - 1:34am
crucifix., what's your opinion? Comment below:

UChicago is where you should consider for grad school (MBA), not undergrad (unless you have a hard-on for academics).

Ditto on above, I'd much rather go to Ross/McIntire than UChicago in terms of recruiting and social life. (Especially Ross, their placements are ridiculous)

Oct 11, 2012 - 1:35am
Goldman Stanley, what's your opinion? Comment below:

Are you guys speaking from personal experience?

People on CollegeConfidential are saying that U Chicago is now on par with Columbia, Dartmouth, Duke, ect. or a bit lower for recruiting. (At least, that's what current students are saying).

FYI U Chicago actually has a great undergrad program with better grade inflation and happy students (contrary to what many think) thanks to recent administration changes.

Is there something I'm missing? Or maybe the general sentiment on the Street hasn't quite caught on yet? The changes I'm describing are all super recent (within the past decade) so perhaps that may be the case.

I'm just trying to justify my college choice, having chosen U Chicago over a certain state flagship in California...

Oct 11, 2012 - 1:38am
TheFix, what's your opinion? Comment below:

Yeah, UChicago is a great school with really smart people, but its rep on Wall Street hasn't caught up to its rep among prospective students. That's what I've heard from a friend who goes there.

Oct 11, 2012 - 1:39am
pryan2016, what's your opinion? Comment below:

As a current UChicago econ major who has friends at Dartmouth, Duke, Columbia, and other schools, I won't deny that fewer firms recruit here for IBD. However, from what I've heard, relatively fewer students will also be seriously gunning out for the IBD positions. In that sense, your chances for getting into IBD aren't completely shot. Honestly if your GPA is 3.5+ in a respectable major (i.e. not gender studies, art history, etc.) and you have some great leadership EC's and past internships, you should have a solid shot at getting a BB interview at the least. The previous posters are correct in that JPM and CS have the best placement at UChicago undergrad for IBD; Goldman, BoAML, UBS, and some middle market banks also have some notable presence.

Goldman Stanley, feel free to PM me with other questions.

Oct 11, 2012 - 1:40am
pryan2016, what's your opinion? Comment below:

Also, don't listen to the "where fun comes to die" slogan. As a 2nd-year, I've enjoyed the school a lot, in classes, making friends, parties, going downtown, etc. In fact we ranked in the top 5 in student happiness in a 2012 survey:

http://www.thedailybeast.com/newsweek/galleries/2012/08/05/college-rankings-2012-25-happiest-schools-photos.html#slide_5

Oct 11, 2012 - 1:41am
IvyGrad, what's your opinion? Comment below:

I work at a major consulting firm (top ten in terms of size and revenue) and our firm's management consulting division recruits exclusively from: all Ivies except Cornell, Duke, MIT, Stanford, UC Berkeley, U Michigan, and U Virginia.

U Chicago is not even on the radar. In fact, I haven't met a single person from U of Chicago undergrad, while I meet dozens of Ivy + Duke grads on daily basis.

How US.News ranks colleges vs how top firms recruit at certain schools are different. According to US News, Wash U and Emory are ranked higher than Michigan, Berkeley, and U of Virginia. While many top firms rarely recruit at the formal, most of them recruit at the latter. Hence, why you should never choose a college based on that ranking.

Oct 11, 2012 - 1:43am
Goldman Stanley, what's your opinion? Comment below:

@pryan2016 - Thanks, I've sent you a PM! And I'm aware the slogan isn't true.

@IvyGrad & @BankingPanda - I have heard the same thing. Recruiting for consulting at U Chicago is apparently pretty bad.

Oct 11, 2012 - 1:44am
Goldman Stanley, what's your opinion? Comment below:

Okay and I just ran some numbers on the class of 2011.

https://careeradvancement.uchicago.edu/about/outcomes-data

461 had job offers after graduation, 92% of that 461 reported a job type, and 33% of those jobs were consulting or finance-related (banking, brokerage, finance). That works out to ~140 in consulting/finance, though finance being very broadly defined.

Here are the numbers (roughly) for consulting/finance for specified classes:

2011: 140 2010: 84 (?) 2009: 81 (?) 2008: 125 2007: 123

The data is self-reported. This is for a class of over ~1200?

How do these numbers look to you guys?

Oct 11, 2012 - 1:47am
ucmaroon47, what's your opinion? Comment below:

goldman - PM me if you want to know anything specific. recent alum from the economics program

And so it goes
Oct 11, 2012 - 1:48am
libra_ib, what's your opinion? Comment below:

Recruiter ranking for Chicago University? (Originally Posted: 11/14/2010)

Hi All. What are your traders' insights on recruiting regarding univerisities in Chicago in the trading community? Is it different for regular traders and algo traders?

What would be the top 5? Top 10?

I am looking into computer science or software engineering.

Any advice is appreciated!

Oct 11, 2012 - 1:51am
Jerome Marrow, what's your opinion? Comment below:

.... Your question isn't particularly clear.

If you go to UChicago or Northwestern, there is plenty of recruiting from top firms (UChicago moreso than Northwestern). IIT and UIC sometimes get recruited for some non-trading roles (mostly CS related). UChicago is a top target worldwide when it comes to pretty much any area of trading.

Oct 11, 2012 - 1:52am
B-School Bound, what's your opinion? Comment below:

If you are looking to break into trading from a Chicago school, UofC is really the best place. Very quantitative program if you want it to be, focused on investments, portfolio management, and the like. They also have a financial math program that is run by a bunch of former traders.

Oct 11, 2012 - 1:54am
Jerome Marrow, what's your opinion? Comment below:

If your goal is to land in a trading role at a legit trading firm, you have almost no chance if you don't go to UChicago or Northwestern. You could potentially land something in BO or on the tech side of things and maybe parlay that into a trading position, but that would be your only chance without some serious connections and networking.

Oct 11, 2012 - 1:56am
Bulldogs__14, what's your opinion? Comment below:

undergrad Perception of University of Chicago (Originally Posted: 05/06/2015)

According to most metrics, the University of Chicago is among one of the most academically difficult and elite schools in the nation. However, the general perception regarding placement into IB seems to be fairly poor. If anything, I would say it is similar to a Johns Hopkins, academically elite, not respected on the street. This is obviously not the case for Booth, but undergrad it seems it would be worse for placement than a Wake Forest.

The reason I ask is because I have the opportunity to go to the University of Chicago to study International Studies and Economics but am unsure if I should attend. I am currently at a semi-target (not Wake Forest).

Oct 11, 2012 - 1:57am
Phoenix2017, what's your opinion? Comment below:

PM me, I'm currently a student there. Most people who have posted on UofC are not students there and are not credible because they don't understand the massive underlying shift at this school.

It's too bad our career office doesn't publish detailed statistics - you'd be surprised at our placement figures. I suspect the reason they don't is that it would support the trend of UofC students shunning academia for industry.

Oct 11, 2012 - 1:58am
AllisonAnne, what's your opinion? Comment below:

keep getting mixed signals, is uchicago a target or not!? (Originally Posted: 01/08/2013)

Very confused. Considering going and majoring in econ, but don't have all the facts.

How does Uchicago compare to Olin (WASH U) for IB recruiting, for undergrad?

Oct 11, 2012 - 2:05am
APAE, what's your opinion? Comment below:

.

I am permanently behind on PMs, it's not personal.

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Oct 11, 2012 - 2:00am
TechBanking, what's your opinion? Comment below:

Agree with the above. Chicago is a much better program. Wash U isn't terrible for recruiting, but you'd have to work a lot harder.

Oct 11, 2012 - 2:04am
ucmaroon47, what's your opinion? Comment below:

isn't uchicago a state school?

And so it goes
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Oct 11, 2012 - 2:06am
Outlooker, what's your opinion? Comment below:

^UChicago is not a state school you ignoramus! It's a private university considered one of the best in the USA. It has arguably the best economics program in the country.

Oct 11, 2012 - 2:08am
hopefulfuturebanker, what's your opinion? Comment below:

University of Chicago (Originally Posted: 04/01/2010)

I know that University of Chicago is a great school and very tough academically, but I haven't met many people that went to school there. I was wondering what banks have OCR there? Is it tough to land in NYC from there? Do the people really study as much as everyone says that they do or do they know how to have a good time?

Thanks

Oct 11, 2012 - 2:09am
mr1234, what's your opinion? Comment below:

i didnt go to uchicago, but i applied and was accepted, and i almost went. sometimes i wonder 'what if'. my uncle also went there for b school.

i think uc has been gaining momentum in terms of reputation and recruitment. i am quite sure that all the bulge brackets - or what's left of the bulge bracket, anyway - actively recruits undergrads from uc. also, i think you def could get a job out in nyc with a uc degree.

back 2001/2002 when i was graduating hs, uc was known for being a pretty intense and boring school where the students are super intellectual and focused. i wouldnt be surprised if thats true even today. and it isnt great if you are seeking the kind of social experience that you would get at a small college-town centric type of school, like dartmouth. uc offers a pretty fun urban experience. its like a combination of mit and nyu: academics are rigorous and your main social outlet will be the city.

one thing i would liek to add: def study a major that is more analytically focused, like econ or engineering. i think econ will be your best bet and give you a better shot at recruiting, and its not as tough as engineering. i mention this bc at some schools like USC, firms will choose only to recruit certain majors and over-look less analytical majors. i think this especially true for schools that are 'semi-targets'. either way, competition will be hi and you will need to keep up your gpa.

--- man made the money, money never made the man
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Oct 11, 2012 - 2:10am
mr1234, what's your opinion? Comment below:

also, the cold is pretty bitter in chicago, to the point where it actually does affect the quality of life.

--- man made the money, money never made the man
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Oct 11, 2012 - 2:12am
ZIRH, what's your opinion? Comment below:

i met a bunch of ppl from U of Chicago during UBS superday this year... the economics program is extremely reputable, and i remember my friend applied to that and to Yale, and at the Yale interview with an alum, the alum said if you get accepted to U of Chicago, don't come to Yale...

All the ppl @ the superday that were from U of C were majoring in econ

Oct 11, 2012 - 2:17am
chifin, what's your opinion? Comment below:

Being in Chicago for some time now, I have heard nothing but negative reviews. Academics are reputable though...Chose Northwestern over UofC

Oct 11, 2012 - 2:18am
B-School Bound, what's your opinion? Comment below:

I am actually heading to Chicago Booth this fall, and I will tell you that what tipped the scale for me was the schools focus on finance and the people I met while out there, they did not fit the reputation, they were awesome and I enjoyed my visit. My background is Ivy League undergrad, kickass GPA and GMAT, non-traditional work background. I spoke with a number of smart and successful bankers and asked them where they would go if they could do it all again. The two schools that I heard most frequently were Chicago and HBS. That said, when I dug in a bit, they told me that if I did not have a prior finance background and wanted to transition to banking then HBS would not be a good fit, but Chicago would give me a strong foundation. When I asked people about Chicago they seemed intimidated about the quantitative background that Chicago folks are said to have. When I spoke with the Chicago students, they seemed to feel that this reputation is overstated, but were happy to let it live on, as it made them feel as if their quant background would not be questioned in the business world.

I shelved this advice for a few months and put in my applications (shotgun approach, I sent off five). I was blessed to get into both HBS and Chicago as well as one other. Ultimately I chose Chicago, but it was not an easy decision. That said, I have no regrets and I am fired up for the fall.

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Oct 11, 2012 - 2:19am
B-School Bound, what's your opinion? Comment below:

One more thing. I pulled the employment reports from all of the schools that I looked at (you can find them just by googleing the school name and "employment report") and the data was very interesting. Of the top budge bracket banks Chicago sent more I-Banking folks to every single one, save Goldman (where they were #2). I only ran the numbers of straight stick I-Banking, as that is what I am interested in. For other areas of the banks, the data might be different.

Oct 11, 2012 - 2:20am
mr1234, what's your opinion? Comment below:

btw, this was a discussion on uc undergrad.

--- man made the money, money never made the man
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Oct 11, 2012 - 2:21am
numi, what's your opinion? Comment below:

Wow, B-School Bound -- you're the first person that I've met that purportedly chose Booth over HBS. My thought is that Booth is an excellent program but I would personally have a hard time turning down HBS for anything except Stanford. But, then again, maybe not that hard of a time since I already added one of those schools to my resume several years ago.

Anyway, I'm guessing you've thought about this a lot already and I wish you all the best at Booth. I have a number of friends there and they've all spoken highly of their experience, and you'll have pretty much the same access to recruiting for major banks/consulting firms as you would at HBS and other similar caliber schools.

​* http://www.linkedin.com/in/numicareerconsulting
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Oct 11, 2012 - 2:25am
steelman2010, what's your opinion? Comment below:

Is there reason to believe that BB recruiting at UChicago will increase in a couple years? (Originally Posted: 10/12/2012)

With what I've observed from people I know from different universities, I think that the general consensus is that with BB recruiting, the 1st, 2nd, and 3rd tier targets are as follows:

1st Tier: Wharton, HYPS 2nd Tier: Columbia, Penn (not Wharton), Dartmouth, UChicago, Duke, Cornell, Brown. 3rd Tier: Northwestern, Georgetown, Vanderbilt

From people I've talked with here at UChicago, it seems as if the number of people applying for BB jobs has gone up drastically within the past 2-3 years. I'm currently a sophomore, and it seems as if UChicago's status went up from tier 3 to tier 2 only within the past couple of years or so. With the surge in investment banking interest and USNWR ranking (we're now #4 tied with columbia, only behind HYP), is there reason to believe that in the next year or so, we could get closer to WHYPS in BB recruiting?

Oct 11, 2012 - 2:27am
steelman2010, what's your opinion? Comment below:

I didn't mean get our number close to Wharton or Harvard. I think that's a pretty insurmountable challenge. I was thinking that at least maybe get some more good firms to recruit here. For instance, I know that for whatever reason, neither Deutsche Bank or McKinsey consulting recruits here. But nearly every other bulge bracket and major consulting firm does.

Oct 11, 2012 - 2:32am
chicandtoughness, what's your opinion? Comment below:

WTF kind of target school list is that?! Cornell at 2nd tier? MIT nonexistent? Vandy on the same level as Georgetown? Yale 1st tier?

Really, we need to have a talk.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
Oct 11, 2012 - 2:42am
ltohang, what's your opinion? Comment below:
chicandtoughness:
WTF kind of target school list is that?! Cornell at 2nd tier? MIT nonexistent? Vandy on the same level as Georgetown? Yale 1st tier?

Really, we need to have a talk.

Georgetown MSB is better than vanderbilt but not CAS in the least bit. Gtown cas is a joke
Oct 11, 2012 - 2:33am
GS, what's your opinion? Comment below:

Actually, Stanford has a pretty poor presence in IB.

Oct 11, 2012 - 2:34am
CHItizen, what's your opinion? Comment below:

UChicago alum here, still keep in touch with much of recruiting.

"is there reason to believe that in the next year or so, we could get closer to WHYPS in BB recruiting?"

I'd say no. Rankings don't matter at all for recruitment. What matters most for banks when picking their target lists is where their current bankers came from, specifically, bankers with the most say in the recruiting process (i.e. associates, VPs, directors). While there are quite a few UChicago IBD analysts, there aren't as many of these mid to senior level bankers, for the reason that these guys would have graduated in or around the 1990's or early 2000's. This was way before the switch to the common app and back when the school was still largely focused on academia, so I'd imagine that IBD was not a preferred route for many of the school's students, unlike how it is today. There was still a whole lot of self-selectivity, and admissions rates were still around 30-40%. So basically, not a lot of mid to senior bankers that went to UChicago undergrad.

(Off topic here, but the rise in rankings for UChicago has coincided with the switch to the common app and an associated increase in applicants/decrease in admissions rate... A huge portion of the weight for the USNWR rankings is 'selectivity', and while I'm no expert in conceptual distinctions between causation and correlation.. I'm just sayin'.)

Also, I'm not sure what you mean by UChicago going up from tier 3 to tier 2 over the past few years... The only BB banks that have a committed presence to UChicago for NYC IBD slots are JPM and CS. By that I mean that UChicago is priority for these banks, as each bank has a different list of rankings for where they recruit (i.e. there may be 5 schools where they commit to taking x number of applicants each year, a secondary list where they'll have a posting and do interviews but not necessarily commit to a certain number, and then maybe a third or fourth group where they have a resume drop but only interview on an ad hoc basis). So basically what I'm saying is that while it's possible to get into BAML, UBS, Citi, etc. from UChicago, these banks just don't have the same commitment as JPM/CS.

To conclude this long, rambling post, let me say that UChicago is by no means a 'bad' place to go if you're interested in IBD; it's just that its students have traditionally had more diverse interests than, say, Wharton, with a higher emphasis on academia. You can certainly get into IBD from UChicago, but if your top priority is to get into IBD and you had your pick of schools, I'd say that it's probably better to go to a more business-focused school, even if it's not as highly ranked (i.e. ND, NYU, etc.), since rankings mean nothing anyway.

Also, gonna revise your tiering:

1st Tier: Wharton, HYP 2nd Tier: Columbia, Penn (not Wharton), Dartmouth, Duke, NYU, ND, Michigan Business 3rd Tier: Northwestern, Georgetown, UChicago

^Obviously not comprehensive.

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Oct 11, 2012 - 2:35am
Bruce Wayne, what's your opinion? Comment below:
CHItizen:
1st Tier: Wharton, HYP 2nd Tier: Columbia, Penn (not Wharton), Dartmouth, Duke, NYU, ND, Michigan Business 3rd Tier: Northwestern, Georgetown, UChicago

lol Cornell and Brown aren't targets?

Oct 11, 2012 - 2:37am
chicandtoughness, what's your opinion? Comment below:
Husky32:
Bruce Wayne:
lol Cornell and Brown aren't targets?
Cornell is, Brown is more of a target for consulting as opposed to banking
Brown is a target for one or two BBs solely due to the fact that some of their MDs are from there. I can't recall which one specifically but I recently talked to a Brown alum at one of them about this.
Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
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Oct 11, 2012 - 2:38am
CHItizen, what's your opinion? Comment below:
Bruce Wayne:
CHItizen:
1st Tier: Wharton, HYP 2nd Tier: Columbia, Penn (not Wharton), Dartmouth, Duke, NYU, ND, Michigan Business 3rd Tier: Northwestern, Georgetown, UChicago

lol Cornell and Brown aren't targets?

Did you miss the "Obviously not comprehensive" comment? I took them off as I wasn't sure where to put them.

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Oct 11, 2012 - 2:39am
SECfinance, what's your opinion? Comment below:

Let the bitching about "tiers" commence.

MM IB -> TMT Corporate Development -> New Ventures
Oct 11, 2012 - 2:40am
steelman2010, what's your opinion? Comment below:

@CHitizen. In that case, are you saying that the reason why there's less BB recruiting is because disproportionately more students are interested in academia/PhD's, and less into finance? And that I won't be limited for ibanking recruitment? Honestly, I went into UChicago thinking of possibly becoming a research economist, but then realized after doing the econ 200-203 sequence that it's not the thing for me. I'm still doing the econ major, though, simply because I'm halfway done with it (and might double major in stats too). Also, you mention that JPM and CS are the only banks where UChicago is a core school. Would you add GS to that list, as I know there are quite a few info sessions during the year?

Best Response
Oct 11, 2012 - 2:41am
CHItizen, what's your opinion? Comment below:
saints2009:
@CHitizen. In that case, are you saying that the reason why there's less BB recruiting is because disproportionately more students are interested in academia/PhD's, and less into finance? And that I won't be limited for ibanking recruitment? Honestly, I went into UChicago thinking of possibly becoming a research economist, but then realized after doing the econ 200-203 sequence that it's not the thing for me. I'm still doing the econ major, though, simply because I'm halfway done with it (and might double major in stats too). Also, you mention that JPM and CS are the only banks where UChicago is a core school. Would you add GS to that list, as I know there are quite a few info sessions during the year?

Sent you a pm, but a couple points that I didn't address:

" In that case, are you saying that the reason why there's less BB recruiting is because disproportionately more students are interested in academia/PhD's, and less into finance?"

Historically, yes this was true, and relative to other schools, still true, but not to the extent that it was a decade or so ago.

With regard to being restricted during recruiting, you'll have many opportunities at UChicago. Not as many as HYP/Wharton, but if you're a qualified candidate and you do your work (i.e. network well and effectively), then you should be able to land interviews.

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Oct 11, 2012 - 2:43am
eldiablo4857, what's your opinion? Comment below:

The only BB that considers Vandy to be a "core school" is Merrill. Is that enough to make you a target? I'm pretty sure that almost every bulge bracket besides JPM, Morgan Stanley, and UBS consider G'town to be a target though I'm not sure what division of the school they recruit at (SFS, MSB, or CAS).

Oct 11, 2012 - 2:44am
Brady4MVP, what's your opinion? Comment below:

recruiting at uchicago booth for internships (Originally Posted: 04/05/2010)

Talked to a friend who's a first-year at uchicago booth. he landed a summer intership at BNP Paribas, doing exotic derivatives trading. he said that only 5 trading internships (across all firms) were given to uchicago first-years. but banking, consulting, and sales jobs were a lot easier to get.

Oct 11, 2012 - 2:45am
anonymousman, what's your opinion? Comment below:

i have a middle aged friend called john who works at the local pizza hut - he's also finding it hard to get into trading but says he's found sales has been much easier.

sigh.

its all bullshit - in recession or boom, the best get the jobs - if your good, statistics are meaningless - if your not, you shouldn't be getting hired anyway.

Oct 11, 2012 - 2:46am
sonibubu, what's your opinion? Comment below:

Chicago Booth's rep on the Street (Originally Posted: 01/05/2009)

Hi guys, I've been recently accepted into Chicago Booth and wanted to find out its rep among the Ibanking community. I have worked as an engineer and want to transition into an associate role at an I-bank. Will Booth's name help me get my foot into the door as a career switcher, considering how many laid off bankers are out there?

My assumption is that Booth is just below HBS and Wharton in terms of rep on the street. How does it compare to Columbia and Kellogg.

thanks!

Oct 11, 2012 - 2:48am
Winnfield, what's your opinion? Comment below:

You realize the OP has long since graduated, right?

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
Oct 11, 2012 - 2:49am
CompBanker, what's your opinion? Comment below:

Booth has a fantastic rep among the i-banking community. I swear every day I encounter another associate who recently graduated from Booth. While schools such as H/S/W churn out PE folks, Booth churns out i-bankers. Similar to Wharton and Columbia, Booth has a rep for being heavily finance focused. Northwestern's reputation is as a dominant marketing program. On general rankings, Booth / Northwestern / Columbia tend to fall into the same bucket. You should be in a great position to secure a banking job coming out of Booth.

Mentorship with CompBanker: https://www.RossettiAdvisors.com

  • 1
Oct 11, 2012 - 2:51am
seedy underbelly, what's your opinion? Comment below:

http://www.wallstreetoasis.com/forums/uchicago-for-ibanking

PS: decisions aren't going to be released for another 2 weeks. So, get in before you post. You didn't 'just get accepted'.

Oct 11, 2012 - 2:53am
gangstar18, what's your opinion? Comment below:

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Oct 11, 2012 - 2:55am
seedy underbelly, what's your opinion? Comment below:

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Sint quia nisi aut. Tenetur ipsa et cum exercitationem culpa. Aliquam tempora aperiam illo aut. A officia consequatur nihil est velit harum ad. Tenetur qui iste sapiente est voluptatibus dolor pariatur. Et nihil dignissimos enim non explicabo.

Oct 11, 2012 - 2:56am
msp123, what's your opinion? Comment below:

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Et illum sit vel nobis. Delectus est eaque natus odio eum quia.

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Oct 11, 2012 - 2:57am
timatom90, what's your opinion? Comment below:

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