Is Yeshiva University a semi-target?

Prospect in IB - Gen

Going into my first year at YU majoring in Comp Sci, and this is a genuine question I have, as I may pursue a career in finance.

On WSO, there is a faq about what a target school is, and a semi target is described as a "school where there are a more limited number of Wall Street firms recruiting consistently, the firms recruit for back and middle office positions, or some combination of the two"

YU seems decently respresented on the street, and I know they place around 5-6 guys per year in IB, and another 10 or so in middle office roles. Anyone have thoughts on this?

Comments (32)

Jun 26, 2020

Where?

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  • Prospect in IB - Gen
Jun 26, 2020

NYC

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Jun 26, 2020

Sorry, if I wasn't clear, I was referring to not knowing what Yeshiva University is.

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  • Intern in IB-M&A
Jun 26, 2020

never heard of it but sounds jewish - should be an automatic semi target just for that

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Jun 27, 2020

based

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Jun 30, 2020

Based? Based on what?

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  • hereherenow555
  •  Jun 26, 2020

I know multiple bankers at elite firms who went to YU

  • VP in IB - Gen
Jun 28, 2020

...said no one ever

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Jun 26, 2020

I see a lot of Yeshiva people in IB. A quick linkedin search will show you the answer to your question. I'm sure alumni are close to each other in this school.

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  • Intern in IB - Ind
Jun 27, 2020

It's in the category with Fordham of mediore/above average school that punches above its weight because of location.

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  • Intern in IB-M&A
Jun 27, 2020
Intern in IB - Ind:

It's in the category with Fordham of mediore/above average school that punches above its weight because of location and religion.

Jun 27, 2020

Surely a bit below Fordham... poor comp.

know a couple people... mostly pretty odd tbh..

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Jun 27, 2020

Seems like every school is a semi target now! But I heard they send a small amount every year because of their proximity, a la Baruch

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  • Prospect in IB - Gen
Jun 27, 2020

I would prefer Fordham Gabelli than YU

  • Prospect in IB-M&A
Jun 27, 2020

It's neither a target nor a semi target but it's Jewish, and that's a powerful network to tap into.

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Jun 27, 2020

Being a CS major from a non-target, you'd have a better chance of making good money if you go to big tech. It's a big uphill climb trying to get into banking from a non-target, while tech firms don't care so much what school you go to

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  • Analyst 1 in IB - Gen
Jun 27, 2020

They still care though.

Just take a look at the average salary of a top CS program vs a mediocre one. A much higher %age of people at top programs land the best SWE jobs. It's still going to be pretty tough (not as hard as finance probably, but still damn hard) to land an interview at one of those places coming from a lower tier school.

Jun 28, 2020

Thats because the best cs programs attract the best cs talent and provide advanced learning materials, naturally those kids will get the best jobs. Having done SWE before finance, I can say I've seen a lot more diversity in schools in tech roles. Decisions for offers are purely based on resume and interview.

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Jun 27, 2020

Baruch places way more than those numbers but is still broadly considered a non-target AFAIK --- IMO it's more of a target/non-target distinction that matters for bucketing people in the process. There are slots allocated for targets, and there are slots allocated for non-targets, and if you're not at a target school, you'll be competing against a lot more schools for relatively few slots.

With regard to how people look at Yeshiva, I would imagine it gets a relatively similar look to Baruch or maybe more like Fordham - certainly could get a role if you're qualified but you'll have to network a lot to get a look from people.

Jun 28, 2020

The religious affiliated schools seem to punch above their weight in terms of placement. Yeshiva to some extent but the biggest example being BYU. I regularly come across analysts / associates at the best banks (GS especially) from BYU, don't understand the recruiting policy around it but always found it surprising.

  • Intern in IB - Gen
Jun 28, 2020

Not 100% sure but I think BYU's large presence at GS is because of graduates starting at the Salt Lake City office and then moving to NY/SF. However, I believe the IB team in the SLC office closed last year.

Jun 28, 2020

buncha byu at qatalyst as well

Jul 2, 2020

I think that the top of the class at these schools is significantly more talented than the top of the class at similarly-ranked schools. They get some kids who could have gone to more elite schools but chose them for cultural/religious reasons. Mitt Romney (BYU grad) is a prime example.

  • Intern in RE - Comm
Jun 28, 2020

Wouldn't say it's a semi target but definitely place 3-5 (ib) kids every year into EB and BB and a couple s&t/er as well. It's a small school but a very close alumni group makes things easier.

  • Intern in IB - Gen
Jun 28, 2020

I'm assuming you have to be Jewish though to effectively utilize the tight alumni network

  • Intern in RE - Comm
Jun 28, 2020

The school is almost all Jewish, as they offer specific Jewish study classes in the mornings and the rest of the regular college classes in the afternoon and night. The graduate school programs don't offer Jewish classes so they are probably half Jewish and half not.

  • Prospect in IB - Gen
Jun 28, 2020

Alumni network is great for the size of the school, and alums all feel the need to help out. Got some friends who are there for the Jewish stuff, and some who are also Jewish, but went to targets instead, and the Yeshiva kids who put in the work end up doing fine. Yeah it's a little harder, but not the end of the world

Jul 2, 2020
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Jul 3, 2020