What to look for in a target undergraduate business school

I'm currently choosing between Canadian undergraduate programs, and just want to know if I'm considering all the factors I should be considering for investment banking. I have yet to receive an offer for Ivey, Queen's, or McGill, but have received some offers for the "tier-2" programs. Thus far, I have factored in the following in my tentative decision:

  • On-campus recruiting
  • Alumni network
  • Reputation
  • Co-op/quality of career's center

Is there anything else I should be looking for in a target IB school? Thanks in advance.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (8)

  • Analyst 1 in AM - Equities
Apr 18, 2021 - 12:23am

most important way to gauge network/reputation is to see where the recent graduating classes are working. If it's top shops or random LMM makes a big difference. You can filter through their career center, or if you don't have access, LinkedIn. 

TBH I wish I did this

Apr 21, 2021 - 3:45am

Depends on the schools you got into, and what you consider "Tier 2". Coop is definitely an advantage, because during the off-cycle coops, you've got minimal competition. Alumni network is also invaluable - when networking, response rates will usually be higher from alumni of your program, in my experience.

  • Prospect in IB - Gen
Apr 21, 2021 - 12:19pm

I've gotten into Laurier-Waterloo DD BBA/BMath (Laurier-based), Schulich, and Rotman. Which has the best alumni network? Also, is the list above comprehensive?

Apr 21, 2021 - 12:27pm

I'd take Double Degree. It's got a pretty solid and recent alumni network on Bay Street, and places well for both banking or PE, and more quantitative things like S&T. Additionally, you're way too young to be set on specifically banking - I came into uni thinking I wanted to be a banker, but that is no longer the case. After all, there are a crap ton of opportunities within finance for you to explore. Plus, you can do a crap ton of coops with DD, something you can't do with Schulich or Rotman. 

Now, I recognize you are Laurier based, but I don't think that should be too far below the UW based DD.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Prospect in IB - Gen
Apr 22, 2021 - 6:22pm

Ea dolore laborum dignissimos id. Eveniet occaecati maxime fugiat exercitationem beatae et amet. Nisi commodi ut voluptatem hic quidem.

Dolor est eligendi enim odio voluptatibus quia quia. Praesentium natus qui pariatur temporibus. Maxime eaque et cum repudiandae repellendus similique dolorem. Dolorum consectetur qui aut ipsum. Est eius dolores nihil suscipit dolorem illo. Est laborum voluptatem eaque architecto sint. Assumenda neque velit illo ea.

Start Discussion

Total Avg Compensation

September 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (217) $232
  • 2nd Year Analyst (129) $151
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (476) $135
  • Intern/Summer Analyst (375) $82