What Is The Actual Acceptance Rate for IB?
As someone who never went through the recruiting process I'm curious to know what you guys think the actual acceptance rate for IB is. Like they always say 'x bank has 1% acceptance" but we all know that includes some kid who just randomly filled out an application and has absolutely zero chance of getting in. So let's say all else being equal you have candidates who (with no connections) networked a ton, got good GPAs, were involved, basically did everything they're supposed to do. Now the last thing it comes down to is what school they went to and their interview. What do you think the acceptance rate is for non/semi- targets who do all of the above? Targets? To clarify, I mean that what are your chances of receiving an offer, before you do your interview (obviously that's the deciding factor) if you went to Wharton? IU? Additionally, even if the acceptance rate given your circumstances is like 5%, shouldn't you have an expected value of at least 1 offer if you apply to like every known bank? Or is that not feasible given the time it would consume? I understand there are still so many variables but I wonder if you guys would be able to give a rough estimate of what you think it is.