Best target school: Queens/Schulich/UofT

Hi

I'm researching the possibilities of becoming an investment banker. It seems that much of the game of landing a job is first being noticed so I ask you guys, which school is most heavily recruited?

*I did not include Ivey because I was foolish enough to not apply.

Thanks to all

13 Comments
 

I would say Queens, U of T then Schulich, just because in the scenario that IB isn't for you, at Schulich only BCG came out for consulting, while U of T had a lot more. Not sure the numbers for other schools, but Schulich had around 10 - 15 FT offers in IB, with 5 - 10 SA offers into IB, with 0 M/B/B type offers, if it helps. If people have U of T or Queen's numbers you can compare.

 

The guy was asking purely for investment banking recruiting in which case I think Queens, Schulich then University of Toronto (St. George) is accurate.

I attend St. George, and we definately did not send over ten people into investment banking. Based on my buddies in Queens, it seems they send a good amount into the American firms, whereas Schulich is much better amongst the big six sending only a couple into the bulge brackets.

Just my observations. Although through good grades, networking and all that same stuff you hear again and again you can break in from any of these schools imho.

 

I don't know about "by FAR the best."

I mean Queen's sends what 15+ people to banking each year. Alex's numbers for Schulich seem to be accurate so they send like 10-15. And UofT sends maybe 5 or so?

The only school in Canada you can say that has "far" better placements is Ivey with over 30 placements..

 

Queens no question, followed by either based on your preference for the school/campus life, etc... however, if you go to uoft/schulic, be sure to be more proactive throughout your degree in terms of setting yourself up for a successful recruiting season when the time comes

 

I totally agree with i-wanker. Here at schulich the career centre is terrible. Most of us are doing all the leg work, there was only two IB SA this year [and she got a connection], there was one sales and trading and equity research....I mean it is fine that we have to do the leg work but when you compare to the more active recruitment departments from UofT and Ivey [I don't know about Queen's] you can become fustrated.

 

they were referring to undergrad not MBA iyados. And I'm not sure where you got the "only 2 IB SA" stats from for the MBAs because I can name plenty of Summer Associates from Schulich. Including one that got into Goldman NY IBD, he's one of the heads of your SFA finance club I beleive.

 
Best Response

Queen's is definitely the top out of that group.

Queen's is a core school for many top consulting and banking firms. From the class of 2008, a number of people joined BCG, Monitor, McKinsey, Bain, Goldman Sachs, Merrill, Credit Suisse, all the Canadian banks, Oliver Wyman. Queen's also does well in marketing for P&G, Unilever, American Express, Kraft etc.

If you are comparing Ivey and Queen's the difference is not as much in recruiting but rather in experience. Queen's for 4 years for Ivey for 2 years but 100% case approach. That's a more personal decision, but in the end, Queen's and Ivey are par in industry.

 

Queen's is the top of that bunc (Ivey on top of queens) then Schulich is ok but not as good recruitment/some ppl efing HATE it, and you'll either fail rotman, or have a low gpa ebcuase of U of T's hatred of undergrads.

 

Ullam itaque vel natus sunt doloremque. Mollitia perspiciatis in praesentium voluptas ipsa.

Modi explicabo veritatis vitae quibusdam. Et maxime distinctio et placeat eligendi. Non non laboriosam fugit molestiae dolor hic at.

Ab quaerat ea nisi distinctio illum inventore accusantium. Laborum ipsam aut tenetur velit. Minus ea aut ea mollitia vero sit quis est. Veritatis est quasi aut quis et. Quaerat incidunt veniam sed repellendus. Iste vitae consequatur sint vitae.

Voluptas quidem possimus quas vel harum sed. Ex modi accusantium inventore facere repellendus est. Voluptate eligendi qui voluptatem aut rerum. Iure aut magni quis iure ullam enim necessitatibus voluptatibus.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”