ACTUAL Target School Tier List 2024
Since college application season is coming around, I figured I'd make a list to help out those who are dead set on recruiting for IB/finance and want to cater their application list towards it.
This is ranked based on everything I've gathered from multiple websites and opinion on the street. It has everything in the mix from # of hires, per capita hires, and overall prestige. Some schools don't send as many kids in numbers, but if you attend and want a job, you most likely will get a pretty good one. Some school's kids focus on consulting or tech or something else, so they don't send very many numbers. Take this all with a few grains of salt as there is no perfect school.
YOU CAN GO TO ANY SCHOOL AND GET A GOOD JOB. PICK A SCHOOL BASED ON YOUR GOALS AND PERSONALITY/ FIT.
Tier 1 (Best of the Best)
Harvard / Yale / Princeton / Stanford / MIT - HYPSM
UPenn Wharton
Huge networks, lots of on campus recruiting. First rounds from basically every bank with a bit of networking. Prepare well and it's your offer to lose. If you get into one of these, it is almost a guaranteed decision to go, unless it's a matter of money. Then of course you look elsewhere. But IMO, not bad to graduate with some debt and an amazing job.
Tier 1.5 (High Targets)
UChicago / Duke - Equivalent to some ivies. Very good networks and are constantly improving. Both are very very different culture wise from each other, but place very well.
UPenn / Dartmouth / Columbia / Cornell Dyson - Also Ivies. Non-Wharton UPenn is easily still a target school. Can't go wrong with any of these schools ever, just a culture fit.
Of course these are all insanely competitive, I would recommend applying to multiple/all if you're competitive enough.
Tier 2 (Target)
UMich Ross / NYU Stern / UVA McIntire - All send huge numbers of kids to banks, insane competition as well. UMich is great college experience, if not the best. NYU is most unique in terms of experience. UVA is greek life heavy, kind of a southern school appeal. Can argue for either of the 3 and you won't be wrong.
Cornell / Brown - Non-Dyson Cornell is still a target school. Brown as well, just not as many kids there want to be bankers. Cornell is a bigger school while Brown is a smaller/more unique environment.
Again, all very competitive. The first 3 listed are easier to get into, but not by much. They are good ED II options or even ED I (especially Cornell).
Tier 2.5 (Target as well, just a teeny tiny bit below tier 2). A distinction had to be made somewhere.
Georgetown McDonough/ UCB Haas - Similar to Ross and Stern. Bigger populations with stiff competition. But send a lot of people to banks. Both amazing school environments with UCB being a huge state school experience
Notre Dame Mendoza - Great recruiting, more regional, but also country-wide. Great school culture and balance between work and play.
Northwestern - Similar to UChicago, sends less numbers though. Definitely a lot of motivated + unique people.
Amherst/ Williams - Great LACs if that is your cup of tea. Don't have much to say on these except that not everyone fits into a small liberal arts college. If you thrive in small environment, don't be afraid to check these out
These are more unique schools. Not everyone just has them on their lists. Competitiveness is still same as tier above. Aside from Gtown and UCB, investment banking isn't a hugely preferred career path at any of them.
Tier 3 (Semi-Target). These are all pretty equal. What changes is population size and finance hardo culture. Some could be argued in the category above, but a lot of these place more regionally. Also some of their huge populations bring down their investment banker per capita down.
Vanderbilt/ WashU Olin/ USC Marshall - Have great presence regionally (ex. USC recruiting for west coast banks) but also fare well across the board. Good private schools with good cultures. Pretty competitive though.
UNC KF/ UT Austin McCombs/ UCLA - Good public schools with good recruiting. A step below the UVA/ UCB/ UMich though for recruiting. Again amazing amazing cultures.
Emory Goizueta - Good school. Definitely smaller and it's not a great fit for every kid so keep that in mind.
JHU - Fewer want to be bankers but it is very possible
Rice - Often goes overlooked but great placement to Houston banks
Indiana Kelley - Feeds well into Chicago offices. Amazing school culture. Due to huge school population, they send a decent amount of kids to banking.
BC - Small-mid sized population. Nice culture but more unique I believe. Don't have much input on this.
Let me know if I missed anything. I'm not looking down on any school or anything like that. It is just an objective ranking. You can get an IB offer at any one of these schools. Of course some make it easier and are more prestigious. But you can and will have an amazing college experience at any one of them. If you didn't get into the college you wanted, it is not at the end of the world. Trust me, I didn't expect my journey at all either. You can accomplish anything if you are smart and motivated. It might take more work, but it's not impossible. Work hard, join clubs, and see if your goals are possible. If not, you can always transfer or even stay then MBA later then go into IB.
Georgetown > UVA easily and Dyson vs non-Dyson Cornell doesn't matter
You forgot to mention IU Kelley IBW is Tier 1.
It’s tier 1 for Chicago but when you rank and put stuff into tiers you look at everything, is Kelley ibw good for ny? Nah
I will pay a girl to take your virginity OP
Arbitrary college rankers try not to put Dartmouth at Tier 2 where it belongs challenge (IMPOSSIBLE)
Factual. OP clearly knows nothing about Dartmouth because our placement has been worsening every year (especially with the winterships being pulled). If I was applying to college today I'd take many, many schools over D for finance.
Very inaccurate list made by a very insecure UVA/Cornell student
The list sucks but wtf are you talking about - why would a Cornell kid put Cornell below Ross/Stern/UVA?
The kid is honest
But he didnt
I go to Stern and ngl this list is ass. I have friends at other schools on this list and based on what they told me about their recruiting experiences your list is way off. This tier list that I saw a few months ago is way more accurate imo - https://www.wallstreetoasis.com/forum/investment-banking/target-college…
Holy this is bad
If Northwestern is 2.5, Emory is 2.5
At least that's seen on college transitions ranking.
I dont go to either northwestern or emory so sharing an objective opinion. You think northwestern, which places at every BB/EB and MF PE firm, is equal to emory, who's best placements are at Lazard and sends 1 a year max to buyside (not even pe btw)? the delusion of some people is next level..
That's funny I follow two people on LinkedIn that went directly to tech PE after Emory undergrad this year. Also, Colege-transitions ranks Emory 18th nationally and NW 19th. They also say Emorys top 2 employers are Citi and Evercore, while NWs is BOA and Greenhill. Evercore and Citi are more prestigious than BOA and Greenhill. But what's most funny is that you go to a non target yet trying to bully your way into this conversation.
I go to Emory and recruited pretty well. Great school! but Northwestern is definitely better for finance.
I would take Northwestern/ND/Georgetown/Williams/Amherst over Ross/Stern/McIntire/Haas. Fewer hardos competing for top spots and better undergraduate experience. Also, Brown and Cornell should be placed above Ross/Stern/McIntire.
JHU needs to be higher. Smart kids from Hopkins can go anywhere, it's just under represented because of the lack of finance interest.
That's the point. It is ranked lower because the network is smaller and there isn't as big of a pipeline as other schools.
should be something like
t1 - hypsm, wharton
t2 - columbia, upenn (tiny bit better placement wise than the schools below)
t3 - duke, chicago, dartmouth, northwestern, brown, cornell (literally all the same in terms of recruiting)
t4 - williams, michigan, nyu, jhu, georgetown, amherst (motivated kids here can go anywhere)
t5 - uva, ucb, vandy, notre dame, ut
See this is delusional, putting Hopkins with nyu etc.
usnews rankings:
1. Princeton
2. MIT
3. Harvard, Stanford
5. Yale
6. UPenn
7. Caltech, Duke
9. Brown, JHU, Northwestern
BIG GAP
24. Emory
35. NYU
Who's the delusional one? Smart kids from top schools, even if not extremely represented in IB, can place at any bank.
ND and UT on the same tier is some horseshit. ND places sm better than UT. Also, no one would even consider UT if there's UVA, Berkeley, Vanderbilt, and ND.
Respectfully, UT sends a lot more people than ND. The only thing possibly holding them back is school size which brings down per capita placement. Otherwise, it is 10th if you weigh in school size and per capita. A bit lower than ND but still higher than schools like Princeton and UChicago. So in the end, what is the best way to determine the ranking?
——
Damn, can’t believe you left Hobart off Tier 1
Stop the HYPSM realistically. T1 is Wharton Harvard. They are in there own league. S and M are fine but Y and P are slowly losing placements both in terms quality and sheer amount. It's slow but is happening take a look at annual placement data.
Saepe distinctio et natus porro. Facere ipsam facilis sed eum.
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...
Reiciendis vitae omnis et. Natus rem error mollitia provident quia. Magni atque dignissimos non velit culpa doloribus.
Ab aut consequatur eius iusto. Fuga eum totam est amet qui vitae vel tenetur. Molestias dolorem eum sapiente aut. Enim molestiae animi dicta. Molestiae neque sequi minus incidunt itaque quia velit. Ratione et eveniet accusamus dolorem enim dolorem. Harum ipsa animi magni in beatae.
Necessitatibus perferendis minima labore at aperiam sint modi. Ipsa necessitatibus culpa consectetur quam autem praesentium vitae id. Incidunt quisquam similique accusantium est labore.