UVA Darden & Tuck MBA has the best IB recruiting yield over the last 2 years

UVA Darden has the best IB yield in terms of those who want to recruit for banking and those who got into banking. I can confirm this from friends in the schools and even at Wharton/booth agreed to this.

 

Hey what industry are you looking to recruit? I’m first year at Darden as well and doing banking track as well.

 

Confirm this is true. Banks, particularly mid tier BBs, have moved away from hiring from Tier 1/M7 schools ( schools such as Harvard, MIT, Kellogg which does not have strong IB interest among students) as it cost a lot of money for banks to recruit on campus and candidates from those schools are usually picky as they have multiple offers and would naturally go to top banks only. otherwise they would rather take their chances with startups/tech. I personally know a 2-3 Harvard ppl from my year who seriously recruited for IB but ended up with no IB offers as only GS/MS/JPM + top EB recruit on campus so not a lot of spots to go around. Heck even JPM got pissed recently as they realized ppl don’t really rate them along the likes of GS/MS. No other BBs or EB recruit there as they don’t wanna waste time. It’s kinda unfortunate cuz a couple of them who would actually happily take an offer from baml/ Barclays etc. working at an EB right now and I know some MD are unhappy that the bank is allocating so many spots to Cornell/ Darden / Tuck over say MIT , Kellogg. . Of course, if you have the option, Wharton, CBS, Booth are still your best bet.

 

Absolutely agree with your chain of thought and this is a big problem for many internationals at the M7s who want to recruit for banking and are ready to take the mid tier BB. Yield is getting lower at the M7s

 

Is Kellogg really that much more prestigious than Tuck, Darden? Kinda surprised by this atleast (for finance not consulting)

 

I think this is a little absurd. If you go to HSW, you want IB and put in the same legwork as everybody else, you will have by far the best odds of getting an offer. With Columbia probably being your second best bet due to its general prestige + proximity to NYC

 
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I graduated from Darden a couple years ago. Not a rigorous analysis, but everyone in my graduating class who wanted to do IB ended up with a good IB job. It's a smaller percentage of the class that pursues banking versus consulting than some of the more "traditional" finance schools but it still has solid placement for those who recruit for banking. 

Honestly, all of the top 10-15 MBA programs are pretty similar in terms of post-graduation job placement. Other than massaging your ego or for the prestige that's mostly in your head, it really doesn't matter which one you go to. You can get to Goldman or McKinsey just as easily from HBS or Stanford as you can from Darden or Tuck or [insert non-M7 but still top-15 program here]. And if you can get into an M7, you might also get a meaningful amount scholarship money from a Darden or Tuck while still getting a fantastic education and still ending up at the same company you want to work for while not incurring the same student debt.

 

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