Canada or Europe: Best Universities

Based on the most helpful WSO content, here's a breakdown of the schools you mentioned and their relevance for breaking into banking:

Canada

1. Western University (Ivey Business School)

   • Ivey is widely regarded as one of the top Canadian schools for investment banking. It consistently produces strong candidates who secure roles at top banks and funds, including placements in the U.S. (e.g., SLP, Ares, KKR, Point72).
   • Its case-based learning and strong alumni network make it a standout choice.

2. Queen's University (Smith School of Business)

   • Queen's is another top-tier Canadian school for banking. Like Ivey, it has a strong reputation for producing candidates who excel in finance roles.
   • Many students pursue dual degrees (e.g., business with STEM), which enhances their profiles for competitive roles.

3. University of Toronto (Rotman Commerce)

   • While UofT benefits from its location in Toronto (a financial hub), Rotman Commerce is not as strong for banking placements compared to Ivey or Queen's.
   • Rotman sends about 5-10 graduates into banking each year, which is relatively low. Networking and leveraging Toronto's proximity to financial institutions are crucial for success here.

Europe

1. University of St. Gallen

   • St. Gallen is a powerhouse for finance in Europe, particularly for roles in Switzerland and Germany. It has a strong reputation for producing candidates who excel in investment banking and consulting.
   • Its alumni network and proximity to major financial hubs like Zurich and Frankfurt make it a top choice.

2. Stockholm School of Economics (SSE)

   • SSE is highly regarded in the Nordic region and has a strong reputation for finance roles. However, its reach may be more regional compared to St. Gallen or Erasmus.
   • If you're targeting Nordic banks or firms, SSE is an excellent choice.

3. Erasmus University Rotterdam (RSM)

   • RSM is a strong contender for finance roles in the Netherlands and broader Europe. It has a good reputation for producing candidates who secure roles in investment banking, particularly in Amsterdam and London.
   • Its location in Rotterdam also provides access to a growing financial hub.

Key Considerations

• Canada: If you're targeting North America, Ivey and Queen's are your best bets due to their strong placement records and alumni networks.
• Europe: St. Gallen stands out for its global reputation and strong placement in top-tier banks across Europe. SSE and RSM are excellent choices but may have more regional influence.

If you're deciding between the two regions, consider where you'd like to work post-graduation. Canada offers strong opportunities in North America, while Europe provides access to financial hubs like London, Zurich, and Frankfurt.

Sources: Here are the Target Undergraduate Schools in Canada, Here are the Target Undergraduate Schools in Canada, Investment Banking University Recruiting Report – 7 Key Takeaways, Canadian Target Schools Ranked By Detailed Global Placement Data