The BB’s have been RAMPING up the diversity and non target hires lately. I know the EB’s typically hire from top tier targets — especially the likes of Centerview, PJT, and PWP — but sometimes they are weird about non target hiring too.
Any banks in particular that focus on top schools? I heard Qatalyst is a major one.
| +130 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 5h |
| +102 | Americas M&A League Table Q2 Updated | 49 | 6m |
| +73 | Wealthy Parents / Jaded | 24 | 1d |
| +58 | How are hours rn for SA (interns) | 31 | 20h |
| +54 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 11 | 19h |
| +49 | Venezuela Debt Restructuring - LAZ vs CVP | 22 | 1d |
| +42 | Boutique firm wants access to my LinkedIn? | 34 | 17h |
| +33 | Investment Banking in Mexico | 9 | 21h |
| +28 | MM bottom bucket bonus | 9 | 4d |
| +26 | Investment Banking is Hard | 11 | 15m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Q hires a lot from Cali, couple from IU. Not sure they care that much about classic targets. Analyst I spoke to said they care about sector knowledge above all else. Advantage is through networking and ur school having its own recruiting team that pulls for you. A wharton degree alone isn’t gonna get you all the way, but God forbid you pick up the phone once or twice lmao.
Not true at the MBA level. UCLA is considered I think a T15 and I've seen at least one post-MBA associate from there at Q.
PJT RSSG basically only takes kids from Penn and Harvard
Ehh not really. This year there’s only one Harvard and three Penns out of ten total.
Look at any other year
CVP takes a ton of non targets
Not really. Like the rest of the banks, they’ll the occasional from random schools like Spelman or semi targets like Emory, but a majority of their class still comes from the ivies.
I go to Emory and Centerview takes 2-3 kids every year not randomly as you suggest so do Lazard and PWP. I highly doubt that they care too much about Ivy vs non-ivy or as much as you say
Excluding diversity programs MS definitely cares the most about getting the right lineages (target, class, etiquette etc.) of all the BBs. JPM is way too big for there to always be plenty of nontargets under its tent while GS likes unconventional candidates.
M Klein and PJT
M Klein has all semi targets lol.
Guess I didnt know. Not a whole lot of them
What semi targets do they have lol I superdayed there and the only people I met were harvard/wharton/ross
BB: transgender black female with a 3.7
EB: straight white HYP male with a 3.95
MM: just give me anybody pls
PWP doesn’t care if you’re a target or not
PWP apparently cares a ton about target vs non-target. Apparently it has its own list of targets- Brown University, Emory University, Georgetown University, Stanford University, University of California – Berkeley and , University of Pennsylvania
Half of their SA 2023 class are from nontargets lol so I don't think so. I've heard they took some heat a while back about on hiring too many Ivy League students
M Klein, definitely matters what school you attend
Moelis, Centerview, and PJT takes a lot of ivy league kids. Honestly all of the EBs focus only from targets/semi targets like IU Kelley or Emory. Centerview’s application was only live on HYPSW’s Handshakes — kids from other schools, Duke/Dartmouth/UChicago, got called from the website’s resume drop.
From the Evercore is going downhill post, it seems that HR made the decision to expand the diversity of schools to include state schools as well and focusing less on the T20s. Talked to a kid from my target’s investment club and we had no nondiversity heading to Evercore for 23SA. Maybe Evercore will only take SMU or SUNY kids next cycle? Diversity amiright?
Obviously west coast banks like Moelis LA/Lazard SF Tech will get a lot of USC/Berkeley kids. Also, peak frameworks made a video on how important going to a target is for finance if you wnna check that out
Recusandae dolor esse sint hic rem dolores et. Amet et sequi error. Vero nesciunt maiores distinctio beatae illum optio. Quasi et omnis sint nihil iste officia incidunt. Eveniet quaerat saepe harum reiciendis quas.
Consequatur ipsa iusto autem nulla id magnam. Aut dolores minus inventore ad. Dolorem quidem id voluptatum tempora repellendus architecto voluptatibus. Ipsam blanditiis totam architecto ut nulla possimus. Cumque inventore voluptatem aut aut aliquid sit.
Suscipit molestiae pariatur similique porro animi error. Laborum dolorum rerum odio fugiat aut.
Sit a eaque labore dolores voluptatum dolor. Sed optio architecto aut a earum velit. Voluptas molestias autem eveniet laborum molestiae. Totam labore amet ut necessitatibus minus sunt. Voluptas reiciendis corporis aliquam nobis distinctio omnis porro. Aut dolorem ut fugiat nam sunt.
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...