Headhunters (at least for PE, etc.) do care about what school you went to primarily b/c the PE firm may only want to hire from certain target schools - HYP and other targets. The firm will also have GPA cutoffs as a way to weed through all the applications. Basically, the headhunter uses the parameters given to him/her to assess the strength of candidates.

 
ibanalyst:
Headhunters (at least for PE, etc.) do care about what school you went to primarily b/c the PE firm may only want to hire from certain target schools - HYP and other targets. The firm will also have GPA cutoffs as a way to weed through all the applications. Basically, the headhunter uses the parameters given to him/her to assess the strength of candidates.

yea but thats only like for mega-PE funds and stuff rite?

 
Best Response

I worked at a top group and the headhunters didn't care what school you went through and GPA didn't matter after 3.5. Your analyst ranking is by far the most important thing you have going for you. Also, the group/bank you worked at.

To give you an example, I have two buddies at CS LA and GS FIG that have already been contacted by headhunters (SG, CPI)and met with them - my friend at JPM M&A, Citi TMT, and LEH Energy have not.

 

Westcoasting got it right with the GPA not mattering after 3.5 but, the lower ranked the school, the better your GPA better be. also, school does matter at larger funds but headhunters will contact you for other ops at smaller funds. just take a look at some PE shops team profile and you will see where everyone went to school in the associate classes..the bigger shops mostly have targets and smaller shops have a more diverse mix.

 
ibanalyst:
Westcoasting got it right with the GPA not mattering after 3.5 but, the lower ranked the school, the better your GPA better be. also, school does matter at larger funds but headhunters will contact you for other ops at smaller funds. just take a look at some PE shops team profile and you will see where everyone went to school in the associate classes..the bigger shops mostly have targets and smaller shops have a more diverse mix.

a BB PE fund would turn down a top-ranked analyst from one of the most reputable groups on the street just cuz "he didn't go to HYP" or some bullshit like that? u sure that's not just a correlation, i.e. it makes sense that u will see a lot of Stanford and MIT people who will continue to succeed later in life and comm college people who will continue to be lazy later in life? "the bigger shops mostly have targets" - of cousr ethey do. so do the top firms that feed into them. duh

i just find this all hard to believe. maybe 45 yrs ago when black people were not allowed at ivy league schools, but this is 2007

 
prospie:
"the bigger shops mostly have targets" - of cousr ethey do. so do the top firms that feed into them. duh

so why are u asking then if you already seem to know this? unless of course you go to podunk u and now your worried your not good enough. listen if your school is a target (by target i dont necessarily mean HYP) then your fine. and we need to differentiate the state schools. there are some that are targets (i.e., Umich) and some that arent on the map. If your not on the map, then your going to have a hard time getting into banking and subsequently getting into a reputable fund.

 

Look, school might matter if its Wichita State or something, but if you go to Berkeley or Michigan etc. no one is going to not hire you. The fact that you worked at Goldman or MS etc. is pedigree enough. However, if two candidates are of identical quality, then the Harvard student might be picked.

KKR hired 3 guys from Western Ontario (Ivey) in the past two years from the two LA offices; I know guys from claremont going to KKR, TPG etc. If you are at a school that BB banks usually look at you should be fine. If you got into banking by some other means you might have more to prove.

 

Hey look, I never said college didn't matter. Obviously, if you go to Harvard and top guy at GS TMT it'll make your life easier.

However, I think and have seen from experience that a guy that went to a non-target with a high analyst ranking at a good group usually fairs well.

Blackstone M&A analysts from UVA, Texas tend to do better than a lot of the guys that come into the program from Harvard for example because they are ranked higher.

 

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