7 Comments
 

It's an easy filter. Why bother with kids going to a shitty school who likely don't have a track record of putting in enough effort, or aren't smart enough, when you can have your pick of students from Harvard?

Array
 

Taking a cynical approach (not judging the merits of the situation) ... if you have 10,000 applications for 100 spots then picking from top schools is an easy way to filter CVs , gurantee baseline competence, and rightly or wrongly mitigate risk (HR faces less sh** if a Harvard grad is a dud vs ASU grad).

No one argues that the job requires a great deal of intellect, but if there are 1k apps for every seat, then its hard to argue that HR should value all universities equally. And after a while, the same ~20/~5 schools (US/UK) will be most represented and alumni will refer/help current students.

 

I mean also if you look at true non targets there is maybe 1 or 2 qualified candidates a year for banking. When I say qualified I mean like actually have put in the work to learn about the markets and network. I have seen these people make it, but they truly are the one person who could of gone to a top school, but just didn't have the resources(money) to go to a top school.

 

Occaecati laboriosam distinctio ex doloremque provident. Itaque dignissimos facilis accusantium fuga sapiente. Culpa et velit quia sed sunt. Earum qui inventore quis facilis. Sapiente eum odit nobis est.

Dolore molestias id consectetur laboriosam. Iste sequi libero maiores earum aut dignissimos. Aut deleniti nulla natus et veniam aspernatur. Perspiciatis autem et laborum quae voluptatem earum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”