What firms do UVA kids end up in banking?
The discussion is not limited to UVA. For example, where do most people at NYU/UCLA go for an entry-level banking job? As an incoming student at UVA, I really want to know where the alumni end up because LinkedIn does not seem to give all the answers.
I met a UVA grad in NYC who made it to a HF and 7 figure total comp within 3 years of finishing undergrad there.
I think I remember when he got his first bonus check from the HF. We were at this house party in NYC BSing around and people were going around saying how much their bonus was and he casually just said $1 million. The girls eyes in the room locked on this dude like a heat seeking missile. And they never left. He was like the guy to date in our circle and wasn't super good looking, but relatively handsome I guess.
One chick with huge boobs was trying to mack on him and went to his front door to surprise him in a trenchcoat with nothing under it and flashed him at his door and he shut the door in her face. hahahaha.... it was legit though as he gave her clear signs he wasn't interested. I was friends with both of them, and they both thought it was hilarious.
Those first couple of years in NYC were a total wtf to me in so many ways.
I was a 2012 UVA grad and working in PE now. McIntire, specifically, does very well for banking recruiting, and I would say that out of my class of ~335 grads those who wanted to go into banking found positions.
The earlier class report mentioned sounds pretty accurate as I would say each of the bulge's took anywhere from 3-10 and then the EBs generally were closer to 1-5. In regards to market, I'd say 70% went to NYC with the remainder split between mostly DC, Richmond, Charlotte, and Atlanta. I'm sure things have shifted now as McIntire has begun to try to catchup in the tech world, but I am constantly reached out to by current McIntire students.
There was a program (that may or may not be around still), that was, I believe, taught by John Griffin that took less than 10 students a year within McIntire. You had to go through a pretty rigorous application, but most of those in that program had their pick of starting point and many were off to hedge fund positions around the 1 year mark out of undergrad.
One thing I will say is that for students at UVA who do not get into McIntire or choose not to go tend to have a pretty difficult time finding jobs in banking right out of school unless to a smaller regional shop. Banks tend to use McIntire as a free screening service, but now 6 years out I certainly have some buddies who went the econ route and are working in the industry... they just had to be more scrappy.
I wouldn't really group UCLA and NYU with UVA... all 3 are great schools but UCLA and NYU definitely benefit from being local to where large financial institutions are.