Finance recruiting at Yale SOM

Yale sent more than 50 to MBB last year (25 to McKinsey).

Yale sent more than 50 to MBB last year (25 to McKinsey).

"easy_company"

GlobeTF has no idea what he is talking about. About 50 students out of 300 at Yale SOM went to MBB last year. It is a target school for McKinsey, Bain, and BCG. In terms of finance, all the traditional banks (GS, MS, JPM) and elite boutique (Moelis, Perella, Evercore) recruit on campus. It is just the majority of students at Yale are not interested in banking so it may be easier to get in at Yale compared to some of the bigger finance focused schools such as Wharton, CBS, and Stern.

Outside of banking, Stern clearly trumps as it gets a lot of posting from HFs and asset managers that are located in NY. I can't comment on Duke Fuqua.

Where did I say MBB didn't recruit at SOM? As for your 50 out of 300? That is an outright lie. Source two good friends at MBB who are 2016 SOM grads. SOM is a fine program, but it lags behind the M7+Tuck at MBB. Given the vitriol in your response, I'd hazard you are an SOM alumni, student, or applicant. If you would like to PM me your name, I'd be happy to connect you with SOMers who can correct, what one hopes is your over exuberance (rather than an outright fabrication).

BB recruit from all the top 20 schools. I know a kid out of UNC MBA that secured a BB S+T i dont see why BB's wouldn't recruit from yale

god damn how many times are people going to quote American Psycho here. give it a rest people- the movie wasn't even that good.

Yale SOM has a decent MBA program. US News ranks it 14th, tied with Cornell and Darden (UVa), just above CMU. Business Week Ranks it 19th, just below UNC and Kelley (Indiana). In my opinion the BW rankings kind of give Yale the shaft. Its placement into IB and MC is much more similar to that of Cornell, Darden, and CMU than it is to UNC or Kelley. I think most would consider it a Top 15 school. Sure, that ranking doesn't compare favorably to the rankings of the undergraduate and law schools, but SOM got off to a rough start by only offering some kind of wacky alternative business degree and has only improved since it actually start offering MBAs.

That's a good question. I'm curious too: Yale has alot of top professors, and placement must be decent: a smaller class that most of the big banks, etc. come to. Could it be that they're still quite young? The school was started in 1978, and they only just recently got a new building (I think).

From my personal experience, countless VC/PE websites list Yale MBA grads in their list of partners. It's still got the power of the brand name. It places in the top 20 at least. I bet once they've had 50 years or so to further permeate the ranks of Wall St., etc. they'll be better recognized.

Patrick Bateman: He was into that whole Yale thing. Donald Kimball: Yale thing? Patrick Bateman: Yeah, Yale thing. Donald Kimball: What whole Yale thing? Patrick Bateman: Well, he was probably a closet homosexual who did a lot of cocaine. That whole Yale thing.

I've said it once, I'll say it again: if you cite rankings for business schools, you don't know shit. It's the same as saying that you want a top MBA like an "Ivy MBA".

Also, please please please show me all these PE/VC partners who went to Yale SOM.

John Thornton went to Yale SOM, but the book where I initially read this made it rather clear that this was somewhat of an aberration...

The MBA pecking order is pretty well known:

Tier 1: Harvard/Stanford

Tier 1b: Wharton

Tier 2: Chicago/Columbia/MIT/Kellogg

Tier 2B: Tuck/Haas

Tier 3: Michigan/NYU/Duke/Darden/Cornell/Yale/UCLA

Tier 3b: CMU/UNC/UT Austin

Everything else....

Obviously I was only listing American MBA programs, but if you want my EXPERT opinion on INSEAD and LBS here it is:

Tier 1b: INSEAD/LBS

Whats your EXPERT opinion, son?

I always thought it was stanford + wharton = (HBS*Duke)^2

Or was I taught this wrong in Math?

Slacker's list is dead-on. Shut up, joefish.

It's also worth noting that Tier 1+1b+2 are commonly referred to as the M7 schools and widely considered to be equally rigorous (though H/S/W have a slight edge on prestige above the others).

That said, ignore the rankings. If you want to know if a business school will get you where you want to go, the best thing to look at is that school's employment report.

http://mba.yale.edu/careers/employment/pdf/MBA_career_report_07_08.pdf

Theirs looks pretty decent—solid percentage of students heading into IB and consulting, with a few in PE. Also, the list of recruiting companies seems to have all of the BBs and top consulting firms (note: it's unusual to see GS/MS, M/B/B in schools beyond the top 10 or so).

tkc - I think in practical/recruiting terms, Wharton is essentially equal to H/S. It is generally considered to be slightly less prestigious though. Not sure why this is exactly. My guess is the Harvard name is more widely recognized (internationally, amongst elderly and derelicts, recognized for undergrad too, etc.) and Stanford due to being the only decent school on the west coast and the ultra-low admission rate (10%, vs. 15% for H, 19% for W, and ~17-22 for most other top schools).

For admissions percentages, Forbes' list has the info (in the detailed page for each school).

http://www.forbes.com/lists/2007/95/lead-careers-cz_07mba_Best-Business…

WOW thanks AltESV!!!! your posts were both helpful AND boring

You're quite welcome.

Please calm down and stay quiet; grownups are talking.

There are some jobs that ONLY recruit at HBS, and will look at recommendations from Wharton/Stanford. But by and large, the three are basically the same for recruiting with a few variations.

It's complicated why Harvard has that small edge but if you want one statistic to sum it up, look at yield. HBS is head and shoulders above any other school in that stat.

It's really about probability/recruiting impression. By that I mean, if you go to an M7 it is not particularly impressive among classmates if you get a job at a BB/MBB. Obviously it is a great job, etc. etc. but no one is really going to give a shit. At the undergrad level for example, everyone will whisper "oh that kid is going to ML", etc. At top MBAs, it's pretty run of the mill. Below the M7 level, it is very possible to do BB/MBB but the impression I have is you have to do a lot more leg work.

I can't believe my question got this many responses in 2 days--i wonder if this has a chance of going on the home page.....

What does M7 stand for>

Who the fuck cares what M7 stands for, count the first fucking 7 on that list and that's it... besides Gecko, I didn't think you gave a shit about those Ivy league fucks, or those working stiffs pulling in 400k per year.

Dpietru....I'm talking about liquid....having enough to own your own plane.

Yale seems to have excellent investment banking and finance placement, as well as a good finance faculty. It seems like anyone who wants a BB Banking job out of Yale SOM can get one. PE/VC - Forget about it, but you can forget about it for just about any school in the 2nd tier unless you can leverage your own contacts/network.

btw, from what I've heard, there is no school that really gets you into PE/VC. Even at H/S/W, 90%+ of those going into PE/VC had prior connections/experience.

I've been seriously considering SOM. I get the feeling the rankings underestimate them; placement seems strong, and the name is incredible internationally.

Because not that many people from Yale actually want to go into finance. At least that's the vibe I get from friends at Yale. Way more people want to go to med school, law school, become professors, etc. than go into finance. It appears to be more liberal arts focused. That said, because it's such a top school, they still get a lot of recruitment, so if you're at Yale and want to do banking, it shouldn't be a problem (assuming good GPA etc.).

My friends there tell me how firms come to campus and give all sorts of "intro to finance," "intro to banking," "intro to an investment bank," etc. presentatios to try and just let people know that careers in finance exist and what they entail, since there seems to be not much interest.

i don't go to yale or work in ibanking. i can count on one hand the number of yalies i've met in the biz.

Even the Yale SOM blows.

Was the best analyst I've ever met.