I go to UVA and have friends at UMich. For banking, I think we have very similar numbers in terms of placement/capita, but I'd definitely give Michigan the edge for Buyside roles straight out of UG.

 

Berkeley is better than both for general prestige but worse than both for finance. I'd even say UT Austin and UNC Chapel Hill beat out UCB if your sole goal is to land BB IBD out of college.

 

Just a prospect, so take the following with a grain of salt. UT is a powerhouse for any IB in Texas and UNC is a powerhouse (Duke/Vandy and other aside) for any IB in NC. Berkeley, while prestigious, is still not as good as Stanford and although Berkeley is better for recruiting than UCLA and USC, those two schools still eat away at a lot of the spots available. Also, Berkeley has Haas. Similar to UVA (with McIntire), there's no direct admit to Haas. You have to apply to Haas after your freshman year at Berkeley and there's like a 33% internal acceptance rate for Haas. It's a gamble to go to Berkeley for this reason. If you don't get into Haas, you're not necessarily screwed, but it's not too looking too good for you anymore. UT Austin (especially the business honors program) is really good and even places into New York occasionally. Same for UNC.

As always, high schoolers shouldn't be basing their college decisions on the basis of IB recruiting. It can be a factor, but shouldn't be the biggest one. Million other more important factors to consider. Sometimes we get so lost in comparing the slim differences between many good universities that we can accidentally mislead the lurking high school students into making poor decisions. High schoolers, if you're listening: scrolling through threads like this are certainly interesting but make sure they aren't the sole influence in your college decision!

 
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Surprised to see people posting as if this is an easy call, for what are broadly comparable schools.  Speaking specifically on the business schools, as that is where the vast majority recruiting into IB roles happens.  I'm much less familiar with the arts and sciences schools

  • Chicago recruiting will be an option from Michigan, which opens up a fair number of additional options.  UVA would be pretty much exclusively NY recruiting.  Michigan will have some (and not a large number) of recruiting options to West Coast firms as well
  • In my view NY recruiting is going to be stronger at UVA vs. Michigan, though I think it is pretty close and the difference is negligible.  At my bank, neither frankly were targets, and we would hire 1-2 analysts in a year from each. 
  • Not a huge sample size, but I've been incredibly impressed with the analysts I've seen / worked with from UVA, at a similar caliber to Wharton and Ivey (which I think produces some of the strongest analysts anywhere).  My friends at Michigan who moved into IB, while positive on recruiting, did not have great things to say about the finance program and level of preparedness they had for the job.  
  • For Post IB, Buy-side recruiting the nod goes to UVA 100% in my view.  HF recruiting given the alumni is fantastic for UVA bankers.  More importantly, however, Michigan is going to be lumped into a category of schools like USC, UNC and others, which will get worse looks from a certain old-school, blue blooded type of PE fund --- UVA in my view carries a more 'elite' brand value in NY and will not disqualify you from these funds (or prove nearly the same uphill battle).  This sounds ridiculous, but it's the reality of how buy-side recruiting works and how certain funds view their associate recruiting. 
 

BX offered RE spots to several Ross grads this past year. I can think of at least three off e top of my head. I have yet to notice a Ross grad land an analyst/associate gig in the general PE area. BainCap took one (1) Ross grad into their industrials(?) group this year. That grad had a perfect 4.0 at Ross and several prestigious clubs. Other than that, yes, BainCap seems to considerably limit their recruiting to HYPSW. Maybe they’ll open that up if Ross grad really kicks butt. I haven’t researched Carlyle. Quite frankly people seem less enthusiastic about the idea of landing a Carlyle offer, anyway. For KKR I can’t remember, but I think it’s HYSW, some other Ivies and then Michigan (Ross).

 

KKR's target list was HYPW + MIT, NYU, and UMich. There might have been another or two but I don't remember them. Less sure about Bain Cap, but I think BX does some form of recruiting at all Ivies + MIT, NYU, UMich, and maybe UChicago (although less sure about Chig). 

 

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