Actually Iowa, thanks to their Hawkinson institute, has quite a large number of former undergrads now working in BBs on the Street and in Chicago - great reputation as good workers.

 

Iowa is actually a target school for some bb banks. Now whether or not that is for Operations or other such positions is another story...

 

IU - bloomington had the third highest number of analysts placed on wall street (after harvard and wharton)...it was hard to believe but its true

 
Best Response

I know that all the BBs at least come to PSU and will screen resumes.

I think we had at least 2 go to GS, >5 at Lehman, a ton at Merrill, a few at Morgan, and UBS/DB/BNP/etc had a handful each.

Whether or not they are in pure analyst positions I do not know

 
RogueBanker:
I highly doubt that IU-Blowmyload had the third highest number of analysts placed on Wall Street.

lol too funny. unfortunately we only place 13 last year from UW-Madison, almost all BB.

 

like i said, people, Indiana (Kelley) ug is not that bad. there're a bunch of IB workshops, etc and their finance progrma is supposed to be solid.

but yeah, third highest # of analysts? unlikely. even taking into account Indiana's huge state-school-sized graduating class.

 

kelly does in fact place 3rd highest on the street (they have the advantage of placing a lot in Chicago as well as NY, just like Harvard and Wharton do)

 

I'm a high-school senior and I have a strong interest in attending Indiana. Kelley school of business had 60 students recieve analyst positions at investment banks in 2006. They were part of the Investment Banking Workshop. The students are the "cream of the crop"

http://www.kelley.iu.edu/ibw/

look at the 2006 job placements. whether it has third highest analyst placement. I have no idea but 60 sounds good from a big 10 school.

 

So they have 28 people who go into investment banking out of a business school that has 2,000 or more students. Yeah what a great school. I would rather go to Univ. of Illinois.

 

You are wrong about the number. According to the site Indiana sent 59 full timers to investment banking firms in 2006. Not all of them were in the investment banking workshop. Here is the breakdown:

corporate finance: 49 Sales & trading: 5 Private Wealth Management: 3 Other: 2 (1 in compliance for Goldman the other in valuation for Duff and Phelps)

By location: New York: 31 Chicago: 20 Cleveland: 2 San Francisco: 2 Atlanta: 1 Charlotte: 1 Stamford: 1 Milwaukee: 1

Banc of America: 5 Bear Stearns: 11 Blackstone: 1 British Petroleum: 1 Brown Gibbons Lang: 2 Credit Suisse: 1 CRT Capital: 1 Deutsche Bank: 5 DRW Trading: 2 Duff & Phelps: 1 Goldman Sachs: 6 Houlihan Lokey: 2 Harris Nesbitt: 1 JP Morgan: 8 Lehman Brothers: 2 Lincoln Partners: 2 Merrill Lynch: 2 Robert Baird: 1 Think Equity: 1 UBS: 1 Wachovia: 1 William Blair: 1

For a state university, Indiana does very well. Outside of Northwestern and Michigan no school is better in the Big 10.

 

You are wrong about the number. According to the site Indiana sent 59 full timers to investment banking firms in 2006. Not all of them were in the investment banking workshop. Here is the breakdown:

corporate finance: 49 Sales & trading: 5 Private Wealth Management: 3 Other: 2 (1 in compliance for Goldman the other in valuation for Duff and Phelps)

By location: New York: 31 Chicago: 20 Cleveland: 2 San Francisco: 2 Atlanta: 1 Charlotte: 1 Stamford: 1 Milwaukee: 1

Banc of America: 5 Bear Stearns: 11 Blackstone: 1 British Petroleum: 1 Brown Gibbons Lang: 2 Credit Suisse: 1 CRT Capital: 1 Deutsche Bank: 5 DRW Trading: 2 Duff & Phelps: 1 Goldman Sachs: 6 Houlihan Lokey: 2 Harris Nesbitt: 1 JP Morgan: 8 Lehman Brothers: 2 Lincoln Partners: 2 Merrill Lynch: 2 Robert Baird: 1 Think Equity: 1 UBS: 1 Wachovia: 1 William Blair: 1

For a state university, Indiana does very well. Outside of Northwestern and Michigan no school is better in the Big 10.

 

berkeley is probably harder than a 3.7 at lower ranked ivy like cornell or brown b/c there's no grade inflation and extreme cuttthroat competition between asians that dominate the school....not sure how competitive uva or umich is though.

 

As far as Big 10 goes, if a student is really set on getting into banking, most Big 10 schools have enough alumni/resources, and hardly any competition that it is fairly easy for them to get connected with alumni and interview.

Given that non-Michigan/NW/Indiana schools don't really have too many people that know about IB, there are only 2-3 students a year that are focused on it, and can leverage all the resources available to get in.

 

you're crazy....I guarantee you that more than 2-3 people know and are interested in Ibanking at Illinois and Wisconsin. However, it's much more difficult to get into from these schools.

 
scotttwibell:
you're crazy....I guarantee you that more than 2-3 people know and are interested in Ibanking at Illinois and Wisconsin. However, it's much more difficult to get into from these schools.
Sorry, wasn't referring to those schools either. I understand Illinois has a pretty good program, so a lot more students are competing for the spots.
 

Ronald R.....who are you? what do you know about Penn State? most likely nothing except that the kids there are better looking, have better social skills and are more popular than you. who knows if they are smarter than you, but I went to PSU and I know that I'm smarter than you. So theres a start.

PSU isnt a breeding groud for wall st, but there are plenty of them on the street. ex. william schreyer is the chairman emeritus and former CEO of Merrill Lynch. big time penn stater. and there are plenty more.

i dont care if people think psu is a "weak" ibanking school, but i just hate when needle dick fags like ronald r talk about schools they have no idea about.

 

PSU needs to concentrate on their Football program first, the new class of recruits is extremely weak. Posluszny is gone now too and he was an absolute beast.

 

You gotta play serious politics to get into IU's I banking workshop. Depending on your race, it can be pretty tough to get in (gotta love the diversity).

I for instance had a good friend who was a Japanese student, fluent in both English and Japanese, had around a 3.5, but took 24 hours/sem, or something ridiculous who got dinged.

Safe to say it didn't matter, as Tokyo banks were drooling at his kneecaps.

If you can become a Kelley scholar (there are around 12-15) you will be money

 

Other JPM, most of the solid BBs only took 1-2 people from Indiana. Sure, GS took 8, but most of them were for operations and not IB. The banks that did recruit heavily were 2nd tier and MM. Sure it will help you get into IB, but I'd recommend other big 10 schools or private schools if you're very interesting in joining IB.

 

You are wrong about Indiana (Kelley). I gave the breakdown from above.

DB took 5 Goldman took 6 (1 was compliance and 1 was PWM) BAC took 5 JP Morgan took 8 Credit Suisse 1 Lehman 2 UBS 1 ML 2 (one was PWM)

I don't know how you classify Bear Stears but they took 11.

Those 9 banks (which aren't exactly terrible) took more than 2/3 of the students.

Out of the 60 kids that got placed last year from Kelley, 10 were not in corporate finance(5 in trading, 3 in PWM, 1 compliance, 1 valuation). We sent other students to the street for operations.

Kelley is a target school (although for some reason Morgan hasn't come out much and I can only recall two students in the past three years getting full time jobs there in corporate finance).

 

I know a ton about PSU, as some close friends and family members attended and were athletes there. It is not an academically challenging school to get into nor stay at. Also, from what I've witnessed, and contrary to what you said, the students at PSU were absolutely lacking in looks and social skills. They would be laughed at if put on the campus of my school, and just generally would not fit in. We don't accept those tailgating pennsylvania hick type underachievers who are destined for unimportant back office work. Also, the students I came into contact with all seemed poorly dressed and not very well kempt, wearing sweat pants and dirty jeans to go drinking in, and not showering very often.

 

How can you make generalizations on the entire population of a college based on your interaction with a few people from that school. Almost every school across the country has a few talented, intelligent, good looking and socially respectable people who would do just fine sucking a md's dick for two years.

 

That was pretty funny. Where do you go to school? There are some hotties at PSU, but I'd definitely put in bottom tier of big 10 in terms of attractiveness of girls. I do agree that most people at PSU aren't IB material, but you'll always have the smart, guys just b/c it is a large ass state school. However, most PSU people I've encountered (friends and just random people) are more than happy to get Big 4 jobs and corporate jobs. They don't care or even in some cases heard about IB or M/B/B

 

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