Undergraduate Target Schools Tier List (2023 Updates)

Tier 1: HYPWS
Tier 2: UPenn (non Wharton)/Dartmouth/Columbia/MIT/UChicago
Tier 3: Brown/Duke/Cornell
Tier 4: Williams/Georgetown/Notre Dame/Claremont McKenna College/middlebury/Amhearst
Tier 5: Washington and lee/Bowdoin/Vanderbilt University/New York University/Emory University/Northwestern University/Pomona College/Swarthmore College/University of Virginia/Southern Methodist University/Colgate University/Boston College/University of Michigan/UCB/Caltech

 

Case can definitely be made, as far as finance-specific recruiting goes, that UChicago is in tier 1. I think the tide in finance is shifting a bit more towards meritocracy, and while UChicago may not be the most “old money” school, the graduates they produce are objectively very sharp.

Regardless, tier lists are bullshit and I do go to Uchicago and it’s not fun so might as well rationalize it by convincing others (or at least my self) that it’s tier 1 for, you know, increased PRESTIGEEEEEEE.

 

They're shifting even more towards DEI. I applied to one internship that only had ~15 schools from the dropdown - 7 were normal prestigious ones (HYPSM, Caltech, and Chicago) while the rest were ones like Wellesley/Barnard or Howard/Spelman. 

 

Georgetown, Williams, Amherst, and ND being on the same tier as CMC and Middlebury is egregious.

 

so what are the standards to differentiate schools into different tiers? I know that a target school list annually but who's responsible for making it, staff working at WSO or simply some people posting school names randomly based on their objective point of view? 

tbh this ranking certainly have to be more detailed. The author put the entire NYU on tier 5 while ignoring the drastic gaps between stern/cas/other schools. 

some schools on this list are obviously non-targets and it's hard to imagine schools like CMC deserve a higher spot than NYU/UVA. Probably it's better for the author or someone else to produce rankings based on geographic considerations, overall schools other than stamford/caltech in Cal (take USC as an example) are treated differently in LA/NYC

 

Uchicago tough academic school and not fun at all, but given recent performance warrants tier 1. Saw someone call it HYPSMC on another thread, and seeing the term pop up more. Look at MS Menlo, Q, etc. Multiple GS TMT in New York, SF.

Most people who come from the school are weird as shit but recruiting wise they definitely have had a huge comeuppance in the last couple of years

 

Whole Tier 4 line is a joke, how is NYU Stern under those garbage schools

 

At optio facere earum et dignissimos omnis. Ratione sequi consequatur aut cumque. Sed quas in veniam assumenda quam sequi. Eius ut molestiae facere sit. Earum expedita illum dolorem quia. Odit voluptate est veniam iusto.

Itaque quo quidem aut enim non error enim. Quia consequuntur pariatur temporibus est alias et nihil. Est alias itaque quo sunt sed.

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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
Linda Abraham's picture
Linda Abraham
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...”