Back Office Target Schools
Let’s face it— not everyone is cut out for the front office. Some people were born to bring in revenue, others were born to be a salary expense. Back office jobs don’t get the love they deserve here which is really unfair to those whose future in finance is limited to clearing trades an a tertiary city. I wanted to provide a breakdown of the target schools that place well into the top back office groups.
Feel free to add to the list, suggest movement up/down
Super Target:
University of Delaware (Lerner)
Rutgers
Boston University (Questrom)
Loyola University Maryland (Sellinger)
Target:
UC Irvine (Merage)
Penn State (Smeal)
Boise State
University of Tampa (Sykes)
Fordham (Gabelli)
Towson
University of Oregon (Lundquist)
San Diego State University (Fowler)
Semi-target:
Jacksonville State
University of Utah (Eccles)
University of Texas - San Antonio
University of Massachusetts - Boston
University of South Carolina (Moore)
Notable Non-targets:
Cal State Northridge (Nazarian)
University of Rhode Island
I can’t tell if this is a joke or not, but if it is, this is so incredibly douchey and pretentious.
UMiami
Edit: For Citi especially.
UMiami grad. Can confirm
Imagine scrolling down and seeing your college is a back-office supertarget LMFAO
In all seriousness though, back office jobs at a BB are better than many jobs in the US and getting them isn’t a walk in the park. I know for JP Morgan back office you need above a 3.4 and they do recruit at specific schools. I know it’s really hard for people here to believe it, but some people really struggle getting a 3.4 at a nontarget. If you want to bag $55k a year with a 5% bonus clearing trades at JPM Ops in Newark, Delaware, UDel is a pretty good place to go.
Agree with this but on an IB forum, you're just not gonna convince these people back office is worth it.
Oh for sure. The people here are some of the most competitive people out there who will only shoot for whatever the “best” is. For many others, these are great opportunities that people compete for. If you’re a 3.1 at University of San Diego, PIMCo ops would be a coup.
Trade clearing base comp is 55k at JP?
Right around. Maybe 50k. I know commercial loan ops at MS is high 50s base, but bonus is negligible 1-2k
Harvard Online
I would assume a lot of HBCUs due to the amount of diversity programs which only hiring into back office roles. I was going to apply to a program at GS/MS/JPM only to see that it was only ops, compliance, and engineerings. No IB or ER.
Pisses me off that these firms tout programs like this only to gatekeep front office roles.
Funny enough I believe a lot of my minority friends were placing into IB Opps through these programs. It's always ironic when they're the most vocal about their bank and giving advice to other minority prospects while literally being in the least desirable role at the company.
do you feel good about yourself posting this?
Dope name
most interns on this site don't get the reference. this attitude is so childish
OP here, this post was intended to be sarcastic and a parody of the typical target school ranking posts. That said, it is actually somewhat serious in the sense that there are certain schools that have back office OCR and are popular with back office departments.
Back office jobs are good jobs that have great benefits, great hours, and pay that greatly exceeds the median pay in the US. Plus, if you’re the one who reads “back office” as an insult, aren’t you the pretentious douchebag?
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