why do West Coast banks love Ivey (Western Ontario) so much?

Just curious. This year's SA class from Ivey at University of Western Ontario sent 6 kids to LA alone:

2 to CS LA
2 to Moelis LA
1 to Houlihan FRG LA
1 to Barcap LA

I also know of kids going to CS SF and Qatalyst SF, and that GS LA sent kids for final rounds (not sure if anyone offered/signed).

I think that's quite a large number of people, especially for a far-away Canadian school that's not nearly as well known as the US targets. Since these WC offices all have small analyst classes, I wouldn't even be surprised if Ivey sent more kids there than anywhere else. Why do firms love Ivey kids when they can get plenty of talent from the likes of Wharton, Berkeley Stanford etc??

FYI I'm in Ivey and going to a BB office in Toronto - this is just out of curiosity.

 

I think having to live in london, ontario for a few years you would also be desperate to live somewhere warm like cali. Although I suppose you are in the office the whole time... to be honest it is a weird phenomenon. I'm not quite sure why. It has been evident for a few years now, and seems to have become a perpetual cycle as alumni base grows. Ivey kids certainly are bred for banking so I don't doubt they outperform US targets in the interviews.

 
Best Response

It's a legacy dating all the way back to the DLJ days (believe HBA class of 97 or 98, something around there). Those guys did really well out in LA and when DLJ got bought out by CS and then some ppl left for UBS LA, the one firm recruiting from Ivey became two and grew from there.

For example, MD at Moelis LA named Anthony Guagliano is a member of that DLJ class and he's kept returning to Ivey to recruit throughout his time at DLJ, UBS and now Moelis. As a result those Ivey guys following him are well entrenched in not only in West Coast banking but at all the top PE shops out there as well.

 

Reprehenderit ratione necessitatibus nemo. Esse suscipit suscipit commodi inventore similique atque impedit est. Eum qui incidunt repellendus qui.

Corrupti est id aut. Illum et rerum et repellendus itaque quam dolor. Est ratione omnis sunt quia sunt vel autem et.

Impedit voluptate nihil voluptatibus et qui possimus voluptatibus tenetur. Dignissimos consequatur quo harum quis minus. Rerum pariatur qui consequatur accusantium ad velit neque. Temporibus voluptatem ad a rerum dolorem. Non praesentium delectus atque quas.

Quod error aut sint recusandae sit. Accusamus ipsa recusandae aut laboriosam id corrupti animi iure. Ut omnis sapiente quidem in aspernatur.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”