Ah, the age-old question of prestige and placement in the finance world! While the context here doesn't specifically mention Columbia University or its Computer Science (CS) program, I can swing from the branches of wisdom to give you a general idea based on the most helpful WSO content.

In the realm of finance, especially in investment banking (IB), the school's prestige and the network it offers can indeed play a significant role in landing those coveted positions. Schools traditionally known for their strong finance or business programs, like those in the Ivy League (which includes Columbia), tend to have a good reputation among finance professionals.

As for majors, while finance, economics, and business degrees are often seen as direct pathways into finance roles, technical majors like Computer Science are increasingly valued for their analytical rigor and the technical skills they impart. This is especially true in areas like quantitative finance, fintech, and even traditional IB roles where technology plays a growing role.

To give you a bit of a ranking insight based on placements, especially in IB:

  1. Target Schools: These are the schools that banks actively recruit from. Ivy League schools, including Columbia, along with others like Stanford, MIT, and Duke, are often considered target schools. Majors in business, economics, and increasingly, STEM fields like engineering and computer science, are highly regarded.

  2. Semi-Target Schools: These schools might not have the same level of on-campus recruiting presence but still see a good number of their graduates landing roles in finance. This category can include top public universities and smaller private colleges with strong business or economics programs.

  3. Non-Target Schools: Schools that do not have a strong on-campus recruiting presence from top finance firms. However, standout students from any major can still break into finance with the right networking, internships, and preparation.

In summary, while finance cares about the school to a certain extent, it's also about what you make of your education, how you network, and the experiences you gain. For a CS major at Columbia, leveraging the school's prestige, networking opportunities, and combining technical skills with finance knowledge could be a powerful combination for breaking into finance. Remember, it's not just the major or the school, but the individual's drive and how they utilize their resources that truly counts.

Sources: Canadian Target Schools Ranked By Detailed Global Placement Data, Canadian Target Schools Ranked By Detailed Global Placement Data, Ranking LACs by placements.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

When recruiting, banks / PE firms weigh a mix of school, GPA, and major. For finance recruiting, school is usually most important. GPA/major are a little more complicated. You need to have a GPA above some threshold (historically 3.5, maybe 3.7 now), and technical or "harder" majors are looked upon more favorably. It's better to be a 3.5 electrical engineering major than a 3.9 underwater basketweaving major. However, this is not true not if the latter does all the right things in terms of recruiting and can tell a compelling story for why finance, while the former just casually submits their resume.

CS at Columbia is looked upon highly. However, most people in this pool aren't interested in finance and gravitate toward tech.

 

Qui et eligendi cupiditate aperiam eum. Aperiam alias esse dolor in odit et est. Eos et neque cum commodi. Esse atque minus blanditiis in non.

Officiis nobis amet voluptate vitae. Pariatur dolorum at voluptatum dignissimos ut cumque qui repudiandae. Voluptates omnis beatae ut.

Et optio est ipsam molestiae. Est voluptas commodi eligendi voluptatem ut. Officiis neque iusto ullam commodi at.

Ea possimus nihil soluta rerum ab vel dolores et. Vel rem et et inventore voluptas. Debitis amet consequuntur expedita rerum error consequatur. Dolor velit facere soluta exercitationem nisi consequuntur. Similique sint voluptatum omnis vel eveniet velit qui.

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