2019 Target School Ranking for NYC Recruit?

Prospect in IB - Ind

Just curious what people's thought on the topic are for undergrad/MBA entry-level positions for IB.

**Starting off the list for hard target:**
- all Ivy League schools
- MIT
- Stanford
- Duke
- top liberals (Amherst/Williams/Swarthmore)
- UMich Ross
- UVa
- NYU Stern

I understand schools like Berkeley/USC/UCLA/UChicago/UT Austin/Rice are heavy targets regionally but does that transfer over to recruit for NYC? Or is that what "semi-target" refers to?

EDIT:
- Georgetown

Comments (87)

  • Intern in IB - Gen
Aug 18, 2019

Brown University student here- I wouldn't include us as a top target. Brown, and I would say Cornell and maybe Dartmouth as well, are not recruited by all banks and are definitely not true universal targets. For example, Brown does really well at MS, GS, and PWP but it's been years since we've sent kids to Evercore or JPM. Thus by definition, we are absolutely a semi-target. Ivy league != target all the time. Stanford/MIT absolutely place better than Cornell/Brown.

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Aug 18, 2019

Is the brown stereotype true that not a lot of people are interested in IB instead smoke weed and study humanities? Is that why you consider brown a semi target due to the lack of interest from students or are there external factors ?

Array

  • Intern in IB - Gen
Aug 19, 2019

There's definitely some of those kids, but there's still a good number of people interested in banking/finance. Maybe less than some schools, but the population definitely exists.

Also, we send a lot of people to top banks for non-banking and/or diversity, so if you look up Brown students at GS on LinkedIn, you will see a bunch of summer analysts, but many of those are diversity kids working in HR/compliance/etc. I guess Brown's focus on humanities is good preparation for non-banking careers, but kids are smart so they go work at top banks doing other things.

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  • Prospect in IB - Ind
Aug 22, 2019

Not him, but Brown does fine with recruiting and the perception that we aren't strong in that respect definitely stems from an overall lack of interest from the student body. Brown students as a whole are more likely to not consider IB. Couple that with our somewhat small undergrad population, and it's easy to see why we don't send hundreds of people into BBs every year. But we've still got a strong network, and the ones who want it don't have too much trouble breaking in.

  • Prospect in IB - Ind
Aug 18, 2019

Interesting thought, thanks! Didn't know that.

  • Intern in IB-M&A
Aug 19, 2019

There were 2 people from Brown at Evercore this summer...?

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Aug 19, 2019

Say what you will for Brown, but both Cornell and Dartmouth have great placement across all BB's and EB's.

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  • Prospect in IB - Gen
Aug 21, 2019

I'm sorry but what? This is just completely wrong. Current student here at Brown, and there are 2 going to Evercore this year and several going to JPM IBD and S&T as well.

Centerview, Perella, BAML, MS, GS, Leerink, PJ Solomon, Barclays, all come on campus for infosessions/interviews with a couple buyside shops coming as well (Insight, AQR, etc...), and Guggenheim, Lazard, PJT, JPM, CS holding resume drops. We have maybe 30 kids recruiting for banking every year, and literally everyone I know who recruited has placed. Brown doesn't get every single bank out there, but we also only have like 30 kids recruiting every year and everyone places so it's not too difficult.

Also not sure where you're getting that Dartmouth is not recruited by banks and isn't a universal target either, have a few friends there and literally every single bank goes on campus there (would probably say it's second only to HYPW).

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  • Prospect in IB - Ind
Aug 22, 2019

Dude wtf are you talking about I go to brown and we send a damn good number of people into IB every year, especially for our size. The other guy mentioned a good number of shops and even the ones that don't come to campus have some alumni representation. If you go here, put in the work, and aren't socially inept, you'll end up in IB.

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  • Prospect in Other
Aug 19, 2019

Interesting to see UVA is a hard target for NYC

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  • Prospect in IB - Ind
Aug 19, 2019

Don't think so? Sends a lot to Wall Street everywhere, gets a lot of OCR as well

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  • Prospect in Other
Aug 19, 2019

Is it only for Mcintire or UVA in general?

Aug 21, 2019

Georgetown is a major one that's missing.. also UT-A, Berkeley, Chicago should definitely be considered targets

Array

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  • Intern in IB - Ind
  •  Aug 22, 2019

Lol UT-A is only a target for texas, i see only 1-2 per SA class across BB, georgetown a target for NYC. Chicago and Cal are not nyc targets at all

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  • Intern in IB - Ind
Aug 22, 2019

Cal and U Chicago have on campus recruiting for ny banks. They have decent representation (Chicago more so in NY). Would probably label them as stronger semi-targets for NY imo.

  • Prospect in VC
Aug 21, 2019

are Swarthmore (especially), Amherst and Williams actually in the same league as the others recruiting wise? Ik they are great schools but is OCR that strong?

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Aug 21, 2019

Missing Georgetown and Notre Dame - both heavy targets for most BBs and place very well

  • Intern in IB - Ind
  •  Aug 22, 2019

notre dame is not a target, semi-target at best, georgetown is a target

    • 1
Aug 21, 2019

I've seen UCB and UCLA send a few kids to NYC each year - usually done by networking though, I think. It does help during interviews when they respect your school.

Array

Most Helpful
  • Prospect in IB-M&A
Aug 24, 2019

Target: Brown, Columbia, Cornell, Dartmouth, Harvard, Princeton, Penn, Yale, Northwestern, NYU, Georgetown, Duke, Stanford, Michigan, Virginia, UNC, U-Chicago, UC-Berkeley

Semi: USC, UCLA, UT-Austin, Emory, Rice, Vanderbilt, Boston College, Washington University, Indiana, Wisconsin, Wake Forest, Illinois, Notre Dame

Top LAC are not "Targets" but have Target-like chances.

MIT/Caltech/Carnegie Mellon aren't worth putting into either category but candidates can become "Targets" if they get the right experience/exposure. Gets harder from Rice/JHU.

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  • Prospect in IB-M&A
Aug 24, 2019

Agreed- top LAC might not have OCR, although some do, but they have developed alumni connections that give top students from the school good chances every year

Controversial
Aug 24, 2019

So you go to UNC?

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  • Prospect in IB-M&A
Aug 24, 2019

The list I made is for NYC. UNC is on par with USC/UT-Austin if we consider other locations(still beats UCLA), but the school has historically very strong recruiting ties and OCR for NYC, even beating UC-Berkeley.

    • 1
Aug 24, 2019

UNC is absolutely not as strong as UT. McCombs for Wall Street Program has lights out placement to NY every year. The school has been consistently sending kids to EVR, Moelis, PJT, Point 72 and other BBs. UNC might be a Wells Fargo target but that's it. The school places pretty well at NYC BBs (CS, GS, MS and maybe DB, but you won't see any decent EB placement. Can't really speak for Hass and Marshall here

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  • Prospect in IB-M&A
Aug 24, 2019

So you go to UT?

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Aug 24, 2019

Nah, got offers to both schools so did a lot of research

Funniest
  • Prospect in IB-M&A
Aug 24, 2019

well a few months ago you posted

I'm a sophomore international student(F-1) at a regional target down south. I feel like my best bet is in Houston since there are only about 5 kids out 60 get placed into NY office each year.

seems like you chose UT, got buyers remorse, and are trying to a shit on a school that sends the majority of its kids to NYC. I go to an Ivy so don't care either way

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  • Associate 2 in IB - Gen
Aug 24, 2019

FWIW I work at a US HQ'd BB in nyc and work with a lot of UNC grads. Maybe other banks austin wins out but our main public core schools are Michigan, Virginia, North Carolina. Austin is great for O&G im assuming.

Aug 28, 2019

Let freaking go DEACS. 5% graduates go into investment banking in each graduating class. I'd like to see those stats for any of these proclaimed Semi-targets.

DEACS to the top of the semi's !!!!

Array

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  • Prospect in IB-M&A
Sep 4, 2019

Bullshit. Emory is easily a target especially once you consider the south.

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  • Intern in IB - Gen
Sep 5, 2019

This post is asking about NYC targets. Emory is definitely a target for Houston or regional southern banks, but it is in no way a target in NY. Don't think I met anyone from any bank or at a superday that went to Emory throughout my entire recruiting process.

  • Prospect in IB-M&A
Sep 6, 2019

Southern schools that are targets for NYC:

UVA

UNC

Duke

UT(if in wall street for mccombs)

Sep 24, 2019

UGA is a regional target, also recruited heavily at Citi NYC

Aug 25, 2019

Does anyone know how well the LSE places in NYC?

Aug 25, 2019

What are some semi-targets for NYC?

Aug 25, 2019
Prospective Monkey in Investment Banking - Mergers and Acquisitions :

Target: Brown, Columbia, Cornell, Dartmouth, Harvard, Princeton, Penn, Yale, Northwestern, NYU, Georgetown, Duke, Stanford, Michigan, Virginia, UNC, U-Chicago, UC-Berkeley

Semi: USC, UCLA, UT-Austin, Emory, Rice, Vanderbilt, Boston College, Washington University, Indiana, Wisconsin, Wake Forest, Illinois, Notre Dame

Top LAC are not "Targets" but have Target-like chances.

MIT/Caltech/Carnegie Mellon aren't worth putting into either category but candidates can become "Targets" if they get the right experience/exposure. Gets harder from Rice/JHU.

Array

Aug 28, 2019

Cornell and Dartmouth have super underrated placement on the street, especially Cornell, they kill it. But you need to look at ease and amount of kids applying and getting in. Like if you go to any top 15 elite school and want to do IB, you will get into IB. But you cannot compare Cornell to Princeton where while Princeton is a better school, Cornell has stronger placement because more kids are interested.

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  • VP in IB - Ind
Aug 28, 2019

Good points but wouldn't call either underrated. Dartmouth is literally the typical finance-bro stereotype school. Wharton is the typical finance-hardo stereotype school.

Cornell benefits from having a massive student body, but the trade off is that recruitment can get commoditized and cuttthroat.

Dartmouth>Cornell for someone focused on finance, especially for buyside. Just one example, but Bridgewater recruits UG from Harvard, Yale, Princeton, and...Dartmouth.

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Aug 28, 2019

So UNC is a target while Notre Dame & Vanderbilt are semi-target? You probably go to UNC.

  • VP in IB - Ind
Aug 28, 2019

Are you kidding me? Not OP but UNC is much more of a target than either of those two for NYC especially. I attended a midwestern target(not indiana), work in NYC IBD, and see many more UNC grads than I do Vandy and ND combined. Chicago(used to work here)? ND does amazing there while UNC flops. But tons of UNC guys across the street, especially at the MD level and above. Vandy's sending more and more but UNC has a much more well established reputation over time. This is just for undergrad, but I know UNC MBAs working here as well. Honestly never interacted with a Vandy or ND MBA.

If anything is wrong with the listing, it's that UC-Berkeley kids don't tend to want NYC. Other than that best I've seen on the site. One improvement could be adding a "supertarget" tier, which would be ~5 powerhouses.

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Aug 29, 2019

Where would you put UMICH Econ and NYU Econ?

Aug 29, 2019

NYU Econ is Semi, Mich Econ is a STRONG Semi

  • Analyst 2 in CorpFin
Aug 29, 2019

Up your ass

  • Analyst 2 in CorpFin
Aug 29, 2019

what is loop capital?

  • VP in IB - Ind
Aug 30, 2019

what is aleppo?

Sep 5, 2019

Lower end semi-target at best, but Fordham Gabelli has several banks that recruit for IB on campus. Due to its location in NYC, it may be a better option than some Semi-Targets like Wake, Wisconsin, & Illinois if you're set on NYC. Networking and internship possibilities are a big plus.

Sep 5, 2019

I thought Fordham sends more for S&T not IB? Is the competition there at stern level or equal?

Array

Sep 5, 2019

As a recent Gabelli grad, I know kids in both, though i'd say IB is more popular. Searching LinkedIn is a good way to see what jobs grads at each school are able to get. Gabelli has really boosted its recruiting over the last decade so you'll find recent grads in S&T and IB at most Bulge Bracket Banks in NYC. Overall, Stern is undoubtedly more competitive (i'd argue Stern is only behind Wharton for UG) but Gabelli places similarly to other Semi-targets listed for NYC. Additionally, you should be able to secure a pretty large scholarship if you're considering all the schools listed in this thread.

Sep 6, 2019

where's northwestern? Also curious on list for Chicago banks. I'd assume:

TARGETS: Northwestern, UChicago, Ross, Notre Dame

Semi: Illinois, Indiana, Wisconsin

semi non-target: Depaul

  • Prospect in IB-M&A
Sep 18, 2019

Not that many kids at NW even want banking, its an odd choice because its neither an ivy nor does it have undergrad business.

Sep 18, 2019

I think the California schools don't place heavily in NYC primarily because most of the students want to stay in California. But despite that Cal/USC have decent representation in nyc

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  • Prospect in Other
Sep 18, 2019

How's ucla for nyc recruiting?

Sep 18, 2019
Comment
  • Prospect in IB-M&A
Sep 18, 2019
Sep 18, 2019