back office target schools
For BO jobs, how do BBs hire? Do they have some kind of target schools (say some big state schools-no disrespect) for these? I'll assume HYPS kids won't even consider these jobs.
Do BBs look at online apps for BO jobs?
most of the top 30-40 schools (i would assume) are targets for BO jobs. my school is a top 25 school and we get OCR for back office, but nothing for FO
Most BB recruit from nearby state schools for BO.
false, a lota target school kids go for BO too
I know a decent number of kids from UPenn, MIT, Cornell and even Harvard who were recruited to BO roles. Just saying.
University of Phoenix and ITT Tech
SO even for BO they don't look at online apps?
They do. I know one person who applied online and got an interview.
Best bet are state schools in the region where the office you are trying to work at is located. Ivy kids are there, but they are a minority. If you are not at a target, it shouldn't be too hard to get an interview. Basically you have to network your way to it like a FO position.
CalTech -- Calcutta Institute of Technology
There are quite a few Yale, Cornell and Brown kids working GS finance.
To be honest the fact of going to Harvard doesn't mean you will not be happy working in the back office . I think is more about who you are and what you want for your life. Besides, I don't think you even need a degree to get into the back office. In my experience in FO there are more people who studied Finance, Banking, Law and many have master degrees. In Back Office most people have degrees in Business, not experience in other sector, no master degrees and some employees dont even have degrees.
At least in Europe there are people from all type of universities in both, back office and front office jobs.Nevertheless, the percentage is different. So for example,when I worked in the front office around 50% come from a top 10 European/American University, I remember that many of my coworkers came from ESADE and Columbia . Then 40% are from respectable universities such as Aberdeen, Glasgow, University of Barcelona , Boston College .Finally, around 10% came I never heard about such as university of portsmouth, university of Castille-la mancha or Florida International University.
At some point during my master degree I got a back office job, since I needed the money I accepted. In this job around 10% did not have degrees, 70% came from universities I never heard about, 10% from respectable universities and 10% from top universities.
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