How many people want to do banking after MBA?
How many people in a B-school (say a school like Columbia,Chicago,Stern,MIT,Kellogs etc) typically want to go into IBD post graduation? I mean, there is the placement report from which you can find how many people actually went into IB function, but we dont know how many people tried and didnt make it (just to gauge the competition).
I know it depends on school,year etc, but just trying to get a ball park based on people's experiences or even guess. And what kind of backgrounds are the people who want to get into banking?
Just wanted to get a rough idea... Thanks.
At Booth I would guess that about 90% of people that went for banking were actually able to get it. In normal years, I think it is even higher.
Any ideas about schools like Tuck, Darden,Haas ?
Something like 15% did banking prior to Booth and additional 5-7% did PE. There are a lot of investment management kids, too.
I would say that close to half the kids at Booth end up doing one type of finance or another (banking, PE, VC, IM, etc.).
Me!
At UT I would say 20-25 (out of 265) really put in the effort in the fall to network, go for informtionals etc. And 15+ got BB or elite boutique offers. Each bank had 15-25 interview slots and there were certainly people outside of the core group who dropped at the last minute and took spots but the offers/ interest percent was pretty high. It's pretty diverse from a desired career perspective though...lot of entrepreneurs, energy (non-ib), marketing, consulting, AM interest as well.
Sounds like if you go to Columbia/Booth, and want a banking job, you will get one.
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