At some schools, yes. Stern I believe always had at least 1-2 people summer in CS Sponsor group as they have some senior alum bankers there. I go to a lower rank school and honestly have never seen anyone get a Sponsor group offer in recent years (for other products like LevFin where we have alum, it's a different story).

 

I go to a school in the T20-T25 range so this shouldn't be surprising. T15 and higher schools usually have more IB options IMO (an exception may be UNC in the T20 range as they have a pretty diverse IB alum base across multiple firms).

 

Good to know about the other BBs since I imagine CS can't be counted on anymore.

Do you know if sponsors groups tend to look for people with a finance background? Or are they also background agnostic, as long as you can tell a coherent story?

 

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