Which colleges should I apply to

Currently I am highschool junior and am very interested in working as an anylst at in large New York investment bank out of college before going to business school to get a mba. Right now I have an 3.83 gpa mainly becasue I slacked off freshman year. I got a 4.0 last semester and will most likley be getting a 4.0 this semste. I realize taht a 3.83 isn't that impressive, but I go to a fairly challenging college prep school. Also most of my classes have been honnors or ap classes and my math classes have been college level (linear algebra, discrete math, multivarible calc). PSAT score was 2150. With tutoring I think I can proablly get my sat score up to 2220ish when I take the test in may
For extra cirrcular activites I have a varisty letter in skiing, am an eagle scout, along with a 1/2 dozen or so other clubs that aren't really distinguishing. The reason for saying all this is because I realize I won't be able to get into HYPS, but still want to go to a school that will afford me a good opportunity to land a job at an investment bank.
Current list of prospective colleges: uva(have connections there), cornell, columbia,university of pennslyvania, university of michigan, berkley, university of chicago, Clarmont Mckenna

Besides the ones listed above which colleges that I have a reasonable shot of getting that are recuirted by alot of NY investment banks should I apply to. Any recomendations would be greatly appreciated

 

Not all colleges are created equal as far as ibanking recruiting (more specifically, it isn't linearly related to the US News ranking).

NYU, UCLA, and a few of the other best publics should probably be added to your list. Claremont Mckenna isn't as good a choice; if you're going to try and get into one of those, go to Pomona. Some of the kids I saw at interviews definitely proved that the closer to New York, the better. For example, I had a S&T interview at a BB and there was 1 guy there from Montclair state in new jersey. Granted he was black and he was probably exceptional at Montclair state, but still...

boozer:
Not all colleges are created equal as far as ibanking recruiting (more specifically, it isn't linearly related to the US News ranking).

NYU, UCLA, and a few of the other best publics should probably be added to your list. Claremont Mckenna isn't as good a choice; if you're going to try and get into one of those, go to Pomona. Some of the kids I saw at interviews definitely proved that the closer to New York, the better. For example, I had a S&T interview at a BB and there was 1 guy there from Montclair state in new jersey. Granted he was black and he was probably exceptional at Montclair state, but still...

Unless you're planning on going to the publics' business schools (ie Darden, Haas, Ross), I wouldn't recommend those over the others on your list. The problem here is that there will be a lot of competition resulting from the huge student bodies, and the kids from the business schools will already have an edge up on you. And if you're sure you want to do banking, Claremont McKenna is definitely better than Pomona. They have the top ranked econ dept. out of all the LACs, and Pomona kids interested in banking have to go to Claremont for their recruiting events (in response to Rickets, they are recruited by all the top ten banks and then a few; far more kids come from there than NYU CAS, and you also have to take into consideration the fact that it is 1/15 the size). By and large the only place Pomona has regularly sent kids is UBS LA, and even then this year Claremont McKenna sent two there (out of an analyst class of eight) compared to Pomona's zero. Out of your list, however, (and again assuming that you're not considering any of the undergrad b-schools) I would say that Columbia would give you the best shot. Just my personal opinion, though.

 

I agree with xistguru -- you should probably be more worried about how sweet you prom limo is going to be than about which college to pick to maximize your shot at an analyst position down the road.

Boozer is correct -- recruiting strength and USNews are not strictly linearly related. IMHO, the schools that deviate most from the linear trend are NYU, UCLA, Chicago and Columbia. (NOTE: Chicago and Columbia are harder than hell to get into but I include them because the recruiting advantages seem to be unusually high.)

One thing I'll add is that I have seen a lot of Williams/Amherst kids placing well in BB slots through massive alumni support (as opposed to pure "target" status). (Both schools are extremely hard to get into, though)

 

don't underestimate top LACs. They're targets, almost every BB recruits at them, and you'll find them really tough to get into. The alumni help you out. The kids who apply to them are more self-selected, which is one reason the % rates of acceptance are a little higher than HYPS.

 

This kid is a freaken junior in high school and is already trying to get into investment banking? Man enjoy your life for the next couple years and just do well in school, and you will still be able to do this shit in 5 years

 

Look, being at a school that's heavily recruited is definitely better than being at an equally good school that's not a target (for whatever reason).

For example, Claremont McKenna is a selective school, with an acceptace rate below NYU's. That said, NYU is a target, and Claremont McKenna is not.

 

Ricket eventually I'd like to work in PE or Hedgefund management. To my knowledge working as an ananlyst as a BB would be the first step in doing so. If I would have a better shot going to trading after college I would definetly consider that.

 

You know, based on the typical path to PE/HF, you are still 5-8 years removed from that point. That's a long time bud, no guarantee PE or HF are gonna be as hot as they are now.

Good point, I guess he should just go to ASU.

 

I dont know why everyone get on peoples case about planning too far ahead, I am a senior in HS still and I think getting advice on what colleges would help is a good idea, seing as half of the posts in this place are "I go to a non-target school with a sub-average gpa, what are my chances!?"

 

Don't worry about it, Rickets. And I agree, nothing with you mxalix. Nothing wrong with thinking ahead. This is a board for kids looking for information about banking, and that's all this kid is doing. No one would fault a kid interested in going to med school for trying to find the best pre-med programs if he couldn't go to Johns Hopkins or something.

 

nothing with looking ahead, but if you are just a junior in high school you better make sure banking is still going to be what you want to do in 5 years if that's how you are gonna pick your college. for example if you pick NYU over a better school, but end up changing your mind about banking, then you just shafted yourself.

 

Stanford is fantastic- Great greek life, Palo Alto has some kick ass weather, some of the girls are smoking hot (relative to HYP, at least), and is surprisingly not that difficult at all once you get in (with the exception of engineering, physics, and math). The only problem is that it has a tougher time sending kids to NYC than most think as a result of it being so far removed from the rest of the east coast. Still, not impossible, and of course all the Cali offices recruit there first and foremost. Only thing is, bluefinancier, I think the OP said that he didn't quite have the grades for HYPS.

 
Prescott Moncrief III:
Stanford is fantastic- Great greek life, Palo Alto has some kick ass weather, some of the girls are smoking hot (relative to HYP, at least), and is surprisingly not that difficult at all once you get in (with the exception of engineering, physics, and math). The only problem is that it has a tougher time sending kids to NYC than most think as a result of it being so far removed from the rest of the east coast. Still, not impossible, and of course all the Cali offices recruit there first and foremost. Only thing is, bluefinancier, I think the OP said that he didn't quite have the grades for HYPS.

this is surprising to me as well, but based on my understanding a lot of banks recruit at cal before they move on to stanford. anyone wanna confirm this and/or explain why?

 
Best Response

All the major banks recruit at Stanford, and Stanford sends a bunch of students to all the major banks. Cal is good but I have not heard that they have better recruiting statistics than Stanford -- maybe that's true of Haas, and maybe you might see more students from Cal than Stanford on an absolute numbers basis -- there are many more students at Cal, after all. However,the percentage of Stanford students landing very impressive gigs at the BB's and big consulting firms is quite high -- not that this should be surprising to anyone.

But really, you should be focusing on getting into a good college first -- your stats are okay but are pretty much average compared to the other candidates vying for the top schools. Find ways to differentiate yourself, whether it's through extracurriculars, leadership, some sort of special insights into why a school is the perfect fit for you, etc. -- because being able to make yourself stand out is just as important for banking recruiting as it is for college admissions.

​* http://www.linkedin.com/in/numicareerconsulting
 

As a european I am no expert on schools in the states. You could apply to LSE as an international student. It's very highly regarded and sends many people to the top BBs. Harvard is the most highly respected uni, above even oxbridge/LSE. Princeton, Yale, and MIT are also very well known. Stanford is held in higher regard than Berkeley here.

 

I agree with above. Williams has amazing connections, and a large percentage of juniors and seniors get offers.

While many have not heard of it, people who count love the school (such as potential employers)

 

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