Prospect here going to one of the targets. If this source is true, this kind of stuff makes me not want to pursue IB altogether. ~100-200 placements over 5 years at targets? So that’s about 20-40 kids per year. Each target probably has hundreds of kids (probably ~200-300?) going for these roles, so about 10-20% get an offer. Not to mention they are all some of the smartest, most talented kids in the country because they’re at the top schools, and even then much less than half get a gig.

Fuck this, I’m going into consulting.

 
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If you're recruiting for MBB instead of IB out of undergrad at a target because you think its easier... I have some news for you buddy. I'll take my chances with IB thank you very much.

Also, if you think about it, there are what 8 BB's with an analyst class of around 80. Add 100 for EB's. That's around 750 analysts a year. My math is off somewhere because I'm sure there are more total but you get the gist. If you add up the schools on here and divide by 5, you get 670 analysts a year... Not even including non-targets or literally any school not on this list...

 

I never mentioned strictly MBB. I was being a little sarcastic to emphasize my point that ib recruiting seems cutthroat.

 

That's because ~50% of people are nepotism hires at Boston College. Not hard to break into banking if your daddy is a client for GS.


Source: I went to BC, and am not nepotism :)

 

Self-selection bro. I don't think the guy from Stanford will have much trouble getting into IB because he has no competition. But you have to be top of your class and get into the IB Workshop at Kelley (apparently). What this list doesn't show is the competition for IB at these schools. At a school like Brown or Stanford, I doubt you'd have many people gunning at IB and you're still studying at top-tier institutions. Meanwhile at Kelley and UNC, (I'm going to be edgy here) and say even Ross, NYU, Berkeley, and UVA, there is a tremendous number of people gunning for IB. Practically the entire undergrad business school, which isn't even a thing at most of the other schools high on this list.

 

Agreed. LAC student year and about 75% of those gunning for IB won EB / BB roles if not at the very least MMs and the school year hasn’t started yet

 

being at [insert literally any university in the world] does not make you above an entire career. if anything, statements like this that naively glamorize a group of individuals is below most adults. 

 

Interesting chart - generally tells the right story but definitely missing a lot of data points, such as location, yield as a % of who tries for IB (looking at you, Stanford), and overall a lot of #s missing. For example, to the first poster above, placement is definitely higher than shown, especially when you stretch across other banks.

 

I agree with all these points except the last one. The numbers seem small but it really adds up. As I added them up in another comment, I added up all the placement here and divided by 5 (years). I got 670 analysts per year from these schools alone. Does that still seem low? The report I got this from said it was about half of total IB placement. I'm not even sure about that as I think there are <1000 BB or EB analyst spots each year. Like I said 8 IB's with 80 analysts a year. Add 150 for EB's being generous. That's 800.

 

You’re right. I just wanted to rant about recruiting. I’m sure the numbers would be a little higher if you factored in other banks (especially MMs). Also I think this data from this chart was mined from LinkedIn. Maybe not all ibankers have LinkedIn accounts, which also drives the numbers lower? Still sure it’s hyper competitive though.

 

I've seen lists like this posted a lot and think it's important to caveat with the fact that a lot of this is self-selection and somewhat regional.

For people interested in going to specific schools, it's much more interesting to pull up the school's own job placement guide to see how things breakdown. 

A few users also noted that there is a large difference for some schools like Stanford and Berkeley, where students decide to place into biz roles in tech over IB. Generally, these don't show competition well and it's more a choice of preference between a lot of these schools. 

 

Is the green meant to denote "target" and the blue "semi target"? Or is that just something else 

 

Notre Dame recently started a lot of kids to Evercore, as of 2020. In the class of 2020 alone there were 5 kids going there FT (with 6 CO'21 interning there last summer in addition to the FT hires). 

 

Think it's directionally accurate. Find it hard to believe Middlebury is there, but not Williams and Amherst? At least 4 people from my analyst class were from Amherst at a BB listed here

 

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