Colgate vs Claremont McKenna for NYC IB Recruiting


 

Hello everyone! I was recently accepted off the Claremont McKenna waitlist and have about a week to make my final college decision.

I am currently committed to Colgate University, where I plan to major in Econ. My long-term goal is to work in investment banking, ideally in New York City. From what I've seen, Claremont McKenna generally has a stronger reputation in finance circles and is often viewed as the more prestigious school overall. However, Colgate appears to place a larger number of graduates into New York finance roles, likely because of its location and alumni concentration in the Northeast, which is where I want to be.

For those familiar with recruiting, does CMC's superior finance reputation outweigh Colgate's stronger geographic ties to New York? Cost is fortunately not a factor, and both campuses were super nice. That said, I wasn't particularly drawn to the Los Angeles area, which is one of my hesitations.

I'd appreciate any thoughts, especially from people with experience in finance experience or recruiting. Thank you so much for all of your help!

9 Comments
 

Unless you will be a varsity athlete or see yourself being in a frat I would not go to Colgate

 

CMC. The alumni network is very strong and supportive. Dont know a single person in IB from a college named after a toothpaste brand.

 

CMC does not place well into NYC unless you are part of a certain selective club and/or have nepo connections. You usually end up in SF or LA

 

CMC alum and have tons of friends at Colgate - I would say both are equally good for NYC placement with maybe a slight edge to Colgate. CMC definitely gives you higher odds of landing banking but the majority of people will land West Coast (NYC is not unheard of though, not close).

Both are great options and you will be fine so long as you work hard.

 

The gap between IU and Stanford does not compare to that of Colgate and CMC

 

Magnam maxime alias consequuntur excepturi. Dolores nam beatae et consequuntur quasi explicabo iure asperiores. Fugiat labore nulla voluptates ducimus neque iusto. Quibusdam odio et dolorum modi earum. Autem sed sed sint enim harum enim velit facilis. Deleniti eaque cupiditate et.

Sit sed harum voluptas. Tempora suscipit dolorem aut rerum sunt pariatur quisquam. Eos totam natus quam quidem sit rem veniam. Voluptate aut asperiores odit doloribus quia rem.

Et ipsa rerum rerum voluptatem. Voluptatum quis sequi maxime soluta. Totam illo ipsa architecto corrupti. Doloremque quis et nesciunt reprehenderit adipisci quia. Tenetur consequatur labore assumenda veniam. Dolorem quo officiis ut et perferendis asperiores dicta. Est odit sapiente est tempore.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”