Top targetschool for Finance?
I need a list please.
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I think the tiers of target schools are roughly this:
1) Harvard, Princeton, Wharton 2) Yale, Columbia, Dartmouth, UChicago, Duke, Stanford, MIT 3) Cornell, non-Wharton Penn, Brown, Georgetown, Northwestern, NYU Stern, UMich Ross
This seems to be what I would think based on my own experience and posts on WSO and College Confidential.
I generally agree with what you're saying, but Brown and Georgetown? I've never met a single person in the industry out of Brown or Georgetown (undergrad), although I'm 110% sure they are out there. I would just consider them in the "other" category. UVa McIntire would be well above Georgetown, at the very least.
Are you kidding me? Brown and Georgetown place incredibly well- see them all the time (even more than some of the schools in category 2). See very few UVA UG students a fair amount post MBA
Basically all you did was rank schools based on how good they are...recruiting doesn't always work like that. I've seen way more Indiana U and Wisconsin kids than Northwestern because of dedicated alumni and investment banking feeder programs.
UChicago definitely does not place into NYC better than Georgetown, Cornell, or Stern. Can't speak for Chicago firms. And on a % basis, I would argue that Dartmouth is in the top tier. They are incredibly small but have a ton of people on the street. Same is true for Yale.
@Will Hunting
I go to UChicago, and I can say with certainty that most everybody who meets certain GPA, work experience, and leadership requirements gets a few interviews with bulge bracket investment banks for IBD or S&T. Also, the recruiting machine at UChicago is a fairly new thing because of the school's past emphasis on academia. And with Stanford, they seem to be a special case since finance isn't really part of their culture, but has more emphasis on mgmt consulting and entrepreneurship. You could also say the same for MIT with engineering and technology.
I'm not sure if this helps, but someone from Duke told me this weekend that Duke usually has 1-2 people going into GS IBD each year - on the other hand, I heard from an MD that the top three schools for GS IBD recruiting are Wharton, Harvard and Yale (in that order).
Honestly, just look around these forums and you can get a sense. There's no sort of "tier" as far as targets go. It's either that specific bank considers your bank a target of theirs or not. You can generally look at bulge bracket banks and where they recruit on campus. They have the most resources to devote to recruiting and therefore will have mostly similar lists in regards to where they recruit on campus, with small differences between each bank depending on the alumni bases that are strongest within that bank. If you aggregated the lists, then you would notice a trend as far as targets go.
You can look at elite boutique websites and see which campuses they go to, but their recruiting efforts are swayed more by alumni simply because of the smaller amount of people within the firm, so their lists might not be entirely accurate if you wanted an objective list of what are considered target schools. For example, Evercore recruits at Harvard and not at Yale... pretty sure most would consider those schools in the same tier for pretty much every single bulge bracket.
Ole Miss, UConn, Tennessee, TCU.
Shut up
If you get an opportunity to do a summer internship at GS at least, HCM will let you know the stats: In IMD top schools for undergrad where in this order: 1. Wharton 2.Stanford 3.Columbia 4. Brigham Young (Salt lake city office) 5. Harvard All of the above placed around 9-13 interns each. The rest placed less than 8 interns bur still important: Cornell, UVA,Stern, MIT etc etc. And if you find someone from a weird school like UF or UM is because they are doing PWM in Miami, and someone from like Rice or some other non target = SEO.
In terms of securities and IBD: All of the above but excluding Brigham Young, there's no SEC in SLC.
'UM' as in Michigan, as in Ross?
I think he meant University of Miami, because of placement in Florida.
sorry I barely read this website. I meant Uni of Miami haha! Ross is a great school.
Crimsontide's ranking is mostly right, but the variation can change from bank to bank.
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