How does IU Kelley place so many kids?

IU Kelley is a total joke but they have placed well over 100 kids this year in banking roles at mostly pretty good firms. Given that the school is a non-target how are they getting so many kids in the door and beating out other higher ranked schools.

 

Yeah the uni may be like 60th or something, but the undergrad business program generally has ranked top 10 ish, it's #8 or 9 now I think? 

 
Most Helpful

Wild, it's almost like college rankings don't mean shit for recruiting and that these categories we've made on WSO of nontarget, semitarget, and target are generalizations that are often too broad to capture the nuances of individual schools' alumni networks and reputations among banks....

Nah, can't be

 
Controversial

Because white and Indian kids say they’re black/Hispanic

 

Because maybe WSO isn’t gospel. The IBW has on campus recruiting for BAML, Moelis, PWP, Blair, Barclays, Citi, Lazard, Jefferies, Houlihan, and others I’m missing. Not to say all of these are IU ultra target feeders but they come on campus with multiple alumni who are passionate about getting IU kids into the firm. The entire IBW curriculum is a class on how to ace interviews and network going into recruitment. With that many firms and just the sheer amount of alum from a business school with classes of 2k kids it’s inevitable to place kids.

 

The IBW club; PSU is another state school that comes to mind, they place students fairly well on Wall St due to Nittany Lion Fund thing. 

Honestly though it's also just numbers. Those schools have, what, like 50,000 students enrolled? So 50-100 students going into finance gigs isn't exactly that impressive considering that's such a fraction of the student body as opposed to a top private or ivy league. 

 

50,000 arent business students though. Not to take away from your statement-- it is not like Iu is an ivy, but to say 100/50,000 rather than 100/500-600 kids who apply to the workshops or try to take the pre-requisite class kinda seems biased.

 

this makes no sense because Kelley doesn't have an "acceptance rate" you are simply allowed into the school or not based on your high school stats

 

Because life ain’t fair man. Life is full of successful people that went to crappy schools. Ivy League gives you a head start and allows you to easily knock on doors, but you still gotta walk through the door and work hard and grind.

Plus sometimes you want to hire the kid whose a little less smart, but is hungry and has a chip on his shoulder.

That kid will carry the water for you without being a pussy about it.

 
Smoke Frog

Plus sometimes you want to hire the kid whose a little less smart, but is hungry and has a chip on his shoulder.

That kid will carry the water for you without being a pussy about it."

This pretty much sums it up. Lots of hungry first gen college students and first gen Americans.

Also, I heard that 400 people applied for the IBW, and only 80 were admitted.  If Kelley has acceptance rate of 49%, and IBW accepts 20%, then the 80 kids in the IBW are the top 10% of Kelley.  This is a conservative estimate. You have to have a 3.6 GPA to even apply to the IBW.  So there is already some filtering before the 20% acceptance rate.  If enough people apply, some people are bound to land something.  

 

we have 2 people starting full time this year at GS NY? and a few interns for 2023. We also have a few interns at JPM this and next summer. no MS tho

 

I never met an IU grad until moving to NYC and I met a whole group of them there. Some IU friends even had a pad with a private backyard pool in Murray Hill that was passed down among IU grads. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

maybe because we’re not losers who’s entire personality trait is banking 😭 we actually know how to speak coherently to other humans which goes a long way

 

IBW is undergrad only but I had a colleague who participated in a similar program at Kelley as an MBA student, not sure of the name though

 

Maybe they’re not a joke…if they are, what’s a higher ranked school that places less? 

 

Voluptate deleniti incidunt et molestiae sit inventore itaque. Recusandae soluta rerum et in voluptas modi et. Vel unde maiores quam. Quis veniam animi et qui beatae aperiam.

 

Nulla tempore quibusdam libero est incidunt eos. Harum ipsa quisquam et similique et commodi. Quas aperiam voluptatem odio qui pariatur similique laborum. Est asperiores cupiditate provident magni. Omnis est dolorem aliquam id illum non. Dicta omnis voluptas ratione tenetur aut recusandae saepe.

Qui reiciendis omnis quod ipsa sed. Est veritatis nesciunt voluptatem numquam vel. Labore fuga necessitatibus odio doloribus unde adipisci. Dolores sunt dignissimos et voluptatem consequatur at.

Dolores aut aliquid aut beatae ipsam. Harum voluptatum blanditiis quasi tempore magnam rem. Repudiandae beatae a laudantium dolor qui adipisci mollitia corporis. Magnam quibusdam pariatur dignissimos molestiae placeat autem deleniti. Ut aut sunt ut saepe.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”