Wilfrid Laurier University

Judging by the fact that I've never heard of your school, it sucks. .............................................................................. http://ittakesanationofhaircutstoholdusback.wordpress.com/ It Takes A Nation Of Haircuts To Hold Us Back.

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Thanks for the answer, yeah I realize that statarbmonkey is a useless fuck who hates his Statistical Arbitrage work and takes his anger out on people trying to get useful information. Looking at their co-op site, Laurier clearly has some strong positions and your feedback has helped out as well. For winter terms, do you know if Laurier students manage to make it to Wall Street firms?

Thanks for the help.

When I worked on Bay, I didn't meet to many Laurier on the sell-side, but I met a handful on the buyside (which as a hole is much smaller in TO, both in terms of actual firms and AUM). In terms of working in IB, there are only about ten shops that take more than 3 or 4 analysts a year.

The biggest contingent is from western and queens, then Canadians who went to school in the states (I went to wharton, and there were quite a few of us working on the street), and then an equal amount of U Toronto, York, and Mcgill.

There are a number of smaller shops on the street that do reputable Canadian deals (canaccord, DSI, research cap, dundee, haywood, etc.) There may be more wilfid laurier, mcmaster, U of O, concordia etc. people there, but I didn't know or meet to many people there during my short time in toronto. My impression based on interaction and many conversations with people who worked in these places, is that there is more of an emphasis of bringing in and doing deals quickly, so it is more a matter of connections to get into one of these places, but I might be wrong in this observation.

In my time on Wall St., I have never seen any non-summer interns, with the exception of one from Dartmouth. In terms of Canadians in general, Western, Mcgill, and U Toronto are decently known. Western and mcgill more with the analysts, and U Toronto and Mcgill with higher levels (however, I have never seen any associates fresh out of any canadian schools).

I ended up on Wall St. by lateraling to my canadian bank's NY office, and then I was recruited to a US bank.

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Thanks for all the responses, should my undergrad school choice be crucial, I really liked Laurier when i toured it and co-op helps as it allows me to see the different specialties in business and since co-op starts in 2nd year, there will be plenty of time to examine all strands, maybe I'll enjoy marketing or accounting more (maybe not the second one) than finance. So co-op is definitely a huge factor in my school choice, so I was wondering if my undergrad will matter in the long run (effect my MBA school etc.)

@ yusucks: Is there a large presence of Queens grads on Wall St. too. And are the people working on Wall St. from Canada usually holding a BBA/Bcom or a degree in economics/engineering?

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Not sure what they majored in, its not really as big of a deal on Wall St as it is on Bay. I've personally seen more from mcgill than ivey, but could just be a bias of who I know and am friends with. With regards to Queens, I know they exist on the street, but I personally have not met any. Not at all an indication of much of anything though. All in all, most canucks on wall st. went to undergrad in the states. Even if you want to say that Ivey, Queens, and mcg place well, its still nothing compared to even the semi-targets in the states such as michigan, indiana, hopkins, duke etc. Bottom line, if you wanna work in the states, either transfer to the states, or marry someone from the states to take away any possible visa issues. Also, if you apply to jobs in the states, make sure you have a US address on your resume. No matter how good you are, HR doesn't enjoy dealing with immigration hassles.

why the hell would you go to Laurier? That's where the stupid Canadian kids go after they get rejected, sorta like plan D. Your grades must suck! if you want to minimize your chances of landing in ibanking go ahead, its a sure bet.

Laurier? Better be one of the lucky 2 or 3 there.

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I would not read so much into a bank showing up to recruit. All those banks show up to lots of semi-targets in the states, and I assure you they don't hire from each one. OCR helps you quite a bit, but is no sure thing that the bank will hire. So are there any banks that show up to your school? Did they all hire people? My tip to all students is to speak to people that have been working for 1-2 years, not students or new analysts. They will lie to you and tell you all kinds of shit to boost their prestige.

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SpaceMonkey, were the BX offers for the NY office? And did the individuals end up accepting?

For Queen's this year, summer internship offers were extended by GS, MS, CS, BarCap, BoAML, and a few other US/European banks. These include Toronto and New York offices.

The last Ivey grad to go to BX was nearly 10 years ago.

I am in the same position. I have heard Ivey has a better reputation overall, the only thing I could potentially see as a plus for Laurier is its coop program. But how hard is it to get summer internships in Toronto? Would it not be better to go to the schools with better reputations and get a summer internship rather than relying on a school's coop program?

One BX offer was for the UK, not sure about the other. One of the kids accepted (for the UK office), the other declined to go to GS NY. Short, I can guarantee you it wasn't that long ago that an Ivey grad got into BX lol (though we're talking about the UK office). I'm sure you're correct pertaining to the NY office.

Yeah Queen's is strong too, just a lot fewer kids that head out there and a lot of the time, the kids that get shit like MS have some type of connection through their old money network.

SpaceMonkey, stop making shit up; your statements are blanket lies to try and boost the prestige of your shitty little school. I can tell you for a fact that there wasn't a single Ivey kid in GS's NY banking class last year nor is there 1 this year. In fact, I haven't met a single Ivey kid in all my time in finance, and I've worked at three different BB banks. Furthermore, I'm currently looking at current/past class books and the only Ivey also-ran that I see is some half-wit looking kids who're working cap markets in shit markets, such as Hong Kong.

Ivey might send a stray or two to the NY office out of pure luck/connections/determination/will-power/whatever, but that a bank would spend tens of thousands of dollars to recruit 1 single student from your "target school" every year is just ridiculous. At most, Ivey and other Candian "elite" schools can be considered a "target" only for the Toronto/Montreal offices.

According to my classbooks, each bank has at most 1-2 students from each Ivey, McGill, UT,and Queens (a large majority being placed in Canadian offices). Truth of the matter is, banking is heavily dominated by a select number of schools, especially in NY, and Ivey isn't one of them. If you ever get into banking, SpaceMonkey, you'll realize that target schools send somewhere between 4-10 students to a bank, and, outside of target schools, there will be a grand total of 5-7 (out of ~100) capable-as-f*ck students who were able to break in from a non-target.

If you go to a Canadian school, there's a 90% chance that, if you get an offer, it will be for the Toronto office. If you go to Wilfrid Laurier, there's a 99% chance that you won't be working in BB banking (45% chance that you'll be scrubbing toilets).

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Probably the people working in the UK lol. I said BX, I never said BX NY. It's not very rational to refute my point based on selective information when my comment pertained to multiple offices and you had no reason to think otherwise. As I said, I'm sure you're correct in regards to BX NY.

LMAO, i see that idiot in the classbook. He's not in IB you fucktard, he's in global markets. Probably snuck through some backdoor via ECM or ELCM or some shit and writes IB on the website to make himself seem quality. My 7 year old sister could get a job in ECM, but I guess that's the difference between superior genes and a fucktard named SpaceMonkey.

I'll have to take your word for it but regardless, there are clearly multiple kids that get into the US and that's the point. Again, I never said Ivey was a target, merely that they can compete with semi targets.

You're a fucking clown haha. Besides we digress, this thread is about the Laurier kid. I put him in touch with a banker from there who can give him the inside scoop on the school. What have you contributed other than your inane comments?

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bottom line is where you get an offer, not where others get offers. Come back to brag when you get an offer at blackstone or GS, and we will all congratulate you. When I got my first offer at Scotia, I did not brag that some of my friends went to silver lake, cerebrus, etc. If anything, it would reflect shittily on me that the potential was out there, but I couldn't convert. If you go to Ivey, be optimistic that the opportunities that you believe are there will be available to you. No need to get into a flame war over something like this.