University of Miami IB placement/semi target??
Took a year between HS graduation and freshman year of college to intern at a major intl VC doing dealflow analysis and corpdev. Was admitted to Umiami and deferred so I could take this internship. Starting at UM this fall.
From my understanding, UM is becoming a semi target, in part due to the influx of large firms to Miami and growing prestige associated with the school. And bc more wealthy individuals are looking to escape the garbage that is consuming blue cities (NYC, SF, etc).
For anyone familiar, how accurate is this assessment? Is there a strong/growing alumni presence on the street. Thanks
Never heard of Miami as a target or semi target by any means in recruiting, but who knows
Miami might be on the up, but on campus recruitment still isn’t strong. They place well for a nontarget/party school but most is due to large diversity population. They’re not even near the low-mid semitargets (usc, Vanderbilt) in terms of academic cache or placement (at least for NY)
How good is vandy?
None of the large firms moved significant numbers of people to Miami, and definitely not IB. Some PWM but that has always been there, and a couple HFs/AMs have small satellite offices there, but those are for a handful of senior folks who relocated, they are pretty much not taking interns. Citadel is probably the largest one there + actually takes interns, but even then they have ~10% of employees in Miami.
It's a non target but people will have heard of it and there are alums. But if you want BB/EB IB that is going to be in NYC or a handful of niche spots in Charlotte, ATL or Jacksonville
Do you think it’s trending to become a target over the next 4 yrs?
Definitely not. Schools don't change all that much in 1 cycle.
To be clear you can definitely land IB but they are not going to come to you... make sure you have a social life / do not be all consumed by IB, but at the same time come soph year you need to be networking and have a strong GPA. Your current internship will get heavily discounted because it is pre-college, so you should try to get a freshman internship over the summer.
You could most likely land a spot in a Miami office if you stick to your academics, get incredibly involved in clubs (basically become an officer at the school investment fund/finance clubs).
If you spend your time partying like most at UMiami, you won't stand a chance. The school is a non-target but it's respected nonetheless. You can certainly pull it off.
Definitely a non target and it’s not changing anytime soon. As much as you think blue cities are garbage or whatever you hear on Fox News, they will continue to be the power centers where most jobs are. Yes more places will come up but the major ones like nyc or Chicago or sf aren’t going anywhere. You can get ib from Miami but it’s hard. It’s known and people won’t think you’re completely stupid(some will) but I wouldn’t say there’s any prestige or general respect to it. I mean the other semitargets are Vanderbilt, ucla, Carnegie Mellon, Emory, WashU, Notre Dame. These schools are on a different stratosphere of prestige and have infinitely more intelligent students, have decades of academic prestige, and a lot of alums on Wall Street. Essentially no shot Miami becomes a semi target. Most that get ib there are fake diversity aka white hispanics
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