IU Kelley Top Target or Semi-Target?

Seeking insight into Indiana Kelley, it seems like their workshop places absolutely lights out to EB's, BB's, and MM's. However others seem to be skeptical of IU. As a college senior trying to get a holistic view of the school, how well is it respected and perceived on the street? Does the Kelley brand name carry weight?

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Comments (40)

Feb 7, 2019

IU'S IB workshop is excellent. However it is very competitive - keep that in mind when considering schools as IU Kelley without the workshop has limited OCR.

For the workshop itself it is a top target for places like Chicago/midwest (believe most of their placements are Chicago) and a strong semi target for NYC. If you can get scholarship money the IBW is very helpful. But I would still place Ross/Wharton/HYP in a higher tier of "top targets"

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Feb 7, 2019

I'm a few years out from IU - the program mostly places into NYC (roughly 70% and the rest Chicago with a few in other cities).

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Feb 10, 2019

Thank you both for the insights! How is the IU Kelley name perceived after graduation? Do IB/PE/HF firms respect the IU Kelley name for those in the Investment Banking Network?

Feb 8, 2019

I'm a few years out from IU and the IBW as well, and the only kids I've seen place into IB from Kelley (non-IBW) are those with personal connections. Since the program is 80 kids now, it's nearly impossible to secure an internship if you're not part of the program. Multiple banks recruit on campus and still interview non-IBW candidates with super high GPAs in the 1st- round, but those kids never make it to the superday as they don't have the networking connections with IBW alumni that the program's members have access to.

Also, the first question I'm always asked after saying I went to Indiana is "were you in the workshop?" Kelley is respected, but the only thing people in IB care about is if you were in the workshop.

If you're looking to intern in NYC or Chicago, the IBW at Kelley isn't a bad option at all. The IBW alumni network is ~750 people who all go to bat for each other, with BBs, EBs and MMs all reserving spots for IBW members each year during recruiting.

If you're worried about getting into the IBW, it's not the most difficult thing in the world. You have to take a class in the Fall and get an A- or above to be eligible for an interview; it's a grind as you have to be prepared to build a full 3-statement LBO model and DCF by the end of it, but it's very doable. Networking with current IBW members is also an admittance consideration, so if you're social/normal you have a leg up on all the nerds trying to get in

Feb 10, 2019

IBW will put you in a good place for IB. As far as exit opps from there, having "Indiana University" on a resume will not be working in your favor

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Feb 11, 2019

^works in IB and gives advice about exit ops...

How'd that work out for you, bud?

Feb 10, 2019

With increasingly accelerated recruiting and more emphasis on college/firm rep., you really think Indiana holds up against other targets?

Feb 11, 2019

Nevermind, misread

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Feb 10, 2019

That's irrelevant for PE/HF recruiting

Feb 11, 2019

.

Feb 10, 2019

Ross is not in the same league as H/W/S.

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Feb 7, 2019

I'm not gonna sugarcoat anything: IU Kelley is not a target or semi-target. It's a nontarget.

There are non-target schools that have GREAT (and extremely small) programs for breaking onto Wall St. The IBW at Kelley is a great example, Penn State has the NLF, William & Mary has the "Dog St. to Wall St." program, Syracuse has the OVF. You are basically guaranteed interviews at top firms on the street if you are in those programs, but outside of the programs those schools are not targets at all.

That being said, IU Kelley is a great school and if you can get into the honors program you have the best chances outside of the workshop. The IBW is hyper competitive so you cannot rely on that.

Target schools are the typical Ivies (HYPSW-C) + respected T25 schools like UMich Ross/UVA McIntire/GU McDonough/Duke/NYU Stern/Cornell AEM. Semi-targets are schools like Vandy, Emory, Notre Dame, CMU, etc.

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Feb 11, 2019

The IBW has about 80 kids a year, wouldn't call that "extremely small"

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Most Helpful
Feb 7, 2019

Would definitely have to disagree with you here, peers who have gone to IU describe the IBW as a top target and for those who do not get into the IBW, can still get into IB without too much difficulty as long as you have a 3.5+, good internships, and relevant club experiences. The drop between IBW and non-IBW is large, but IU Kelley outside of the workshop still sends kids to IB/PE. Also I wouldn't call placing 80 kids a year to banks "extremely small." Personally I went to a semi-target school in the northeast, and loved my college experience, but definitely have respect for their business program.

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Feb 7, 2019

You & your peers do not understand what a top target is. IU Kelley has never been in the discussion on WSO, reddit, at banks, etc. when considering target schools for recruiting.

I listed the target schools in my last post. IU isn't close to any of those in terms of recruitment.

Target schools are schools that get heavy on campus recruiting from all/most of the banks for their NYC offices. The "top targets" are HYPSW & Columbia. The average student at a "top target" can break into IB with relative ease. At IU, only the cream of the crop are going to ib

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Funniest
Feb 7, 2019

I'm so sorry, I didn't realize that an 18 year old college freshman at BYU was so knowledgeable about target schools for IB!

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Feb 8, 2019

The top targets are HYPSW. Columbia is on par with Duke, MIT and other ivies, Georgetown.

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Feb 10, 2019

Nahhh Columbia is up there with HYPSW. Columbia's proximity to Wall Street, Investment programs, & Ivy status deff gives you access to any opportunities in Finance.

Work hard, work clean, & most of all do not give up.

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Feb 8, 2019

Certainly not. Columbia is under represented relative to HYPSW at top HF/MF/VC whereas I see guys from MIT/Duke/Other ivies all over at these shops.

Feb 10, 2019

Columbia's students don't place well? Less strong alumni?

Work hard, work clean, & most of all do not give up.

Feb 8, 2019

I never said Columbia did not place well. I just said that it does not compare with the placement for HWYSP at top HF/MF/VC.

Feb 10, 2019

As far as PE/HF opps go it's a non-target. "University of Indiana" doesn't stack up well against targets

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Feb 7, 2019

The University of Indiana doesn't exist...

Feb 13, 2019

It's probably why it does not stack up well against targets.

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Feb 8, 2019

I would say a top target is a school where you don't have to be in the very highest echelon of your class in order to get great opportunities. Given the sheer size of IU's business school alone (7,500 undergrads) and the selectivity of the IBW (someone above mentions 80 kids), you definitely still have a lot of competing to do to get a great offer from IU Kelley.

Feb 8, 2019

You can PM me if you want. Its the IBW or bust. There are virtually no opportunities outside of the IBW. Its also an absolute grind to get into the IBW, the competition just gets fiercer every year. Only go there if its really your only decent choice.

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Feb 8, 2019

Not sure about IB placement but candy stripes give me seizures and makes me want to commit suicide.

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Feb 8, 2019

Nice crop bro

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Feb 9, 2019

Target schools are Harvard, Yale, Princeton, Stanford, Stern, Wharton, Ross, UVA, USC, Cornell, USC(For LA/SF, not so much for NYC) UC Berkeley (Same thing as USC).

Semi-Targets are Emory, CMU, Notre Dame, Vandy, and some more schools.

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Feb 9, 2019

IU Kelley is neither

"It is not our circumstance that controls us, but our thoughts that control our circumstance." -James Allen

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Feb 10, 2019

IBW placement is great, but the application process is not at all a meritocracy. It is almost like a rush process to a certain extent. Every year people that shouldn't get in do and people that should don't. There are a lot of politics involved and a lot of subjective things. If you don't get in you can still recruit for ibanking but it will be much much harder as banks will just choose to recruit from the IBW. There are probably 5 people a year who will get decent Banking offers without the workshop out of 15 who seriously try for it.

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Feb 11, 2019

lol.

The correct answer is "C", non-target.

Feb 11, 2019

Having seen documents from the IBW on placements, and knowing many people in the club (pre-workshop) I would compare it to a larger version of the IB Academy at U of Illinois. Good placements but a lot of MM placements, which goes back to the faculty who established the programs at both of those schools

"If you ain't first, you're last!" - GOAT

Feb 11, 2019

Considering the faculty member who established the program at IU was never a banker, I am confused how placements at MMs go back to him...

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Feb 12, 2019

Because he is an EXTREMELY good networker and has PE/VC connections that lead to bankign.

Feb 11, 2019

.

Feb 12, 2019

Most posts on thread are good.

One thing not to forget is that the mentality in NYC finance is VERY classist (and well...there's another factor as well). IBW is great because they have a reputation for producing extremely competent analysts.

That said if you can get into a higher tier school that benefits you: Everyone knows that nobody's going to blame them for hiring the Harvard guy that turns out to be incompetent or unmotivated at IB work whereas pushing a non-target can easily backfire. The industry itself also tends to hire class based and the leadership are generally reluctant to hire people that they see as being part of the lower castes, and there's a strong preference for people with the right pedigree/family/tribal backgrounds.

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Feb 11, 2019

Spot on, I want to emphasize the point of risk in terms of pushing a Harvard guy or gal vs. a non-target. I come from a non-target and this is the biggest hurdle to overcome. You have to convince the people you interact with, even your alumni, that you are worth the risk to push through in case you end up being incompetent

"If you ain't first, you're last!" - GOAT

Feb 12, 2019
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Feb 14, 2019