rgs321

Does anyone know if the Math-Econ Joint Major at Emory carries any weight in Wall Street? (Assuming you do well of course.)

PunjabiPride

if i graduate from UCSD with an Econ degree with Distinction (ie i have taken honon courses)....u guys think IB recruiters will give me a second thought? UCSD's econ undergrad program will be easily in the top ten in the US in four years considering the way it's climbing up

Pre-medwannabe

^They will definitely give you a thought, but your GPA should be 3.8+ honestly, but if you graduate Magna Cum Laude that will be good enough. Many not BB's but definitely you could make it into investment banking with those credentials.

dardcav

This is a ranking for investment banking recruitment, not about academic quality or anything. I am not ranking what school is better, just who gets on the street.

Public Schools with heavy recruitment-
Group 1-Michigan, Virginia
Group 2-Berkeley
Group 3-Indiana

Private Schools with heavy recruitment (that have finance courses)-
Group 1-Wharton
Group 2-NYU, MIT

Private Schools w/ limited finance courses, more econ undergrad-
Group 1-Harvard
Group 2-Notre Dame, University of Chicago, Yale, Princeton, Dartmouth, Wellesley, Stanford, Columbia
Group 3-Claremont Mckenna, Northwestern

All schools
Group 1-Harvard, Wharton, Michigan, Virginia
Group 2-NYU, Georgetown, Notre Dame, University of Chicago, Yale, Princeton, Dartmouth, Wellesley, Stanford, MIT, Columbia
Group 3-Indiana, Claremont McKenna, Northwestern

Group 4, in other words, if you approach them aggressively it is fine, but companies won't do presentations at your school a lot- Williams, Tufts, Babson, Brown, Boston University, Washington & Lee, Washington University in Saint Lewis, Vanderbilt, Villanova

As you can see, recruiting has a huge east coast bias

dardcav

PunjabiPride recruiting is not about who has the better program or students for that matter. A lot of it has to do with active alumni convincing/demanding HR recruit at their school.

UCSD is a great school, your best chance is with boutiques based out of LA/Orange County if you want to get into banking.

dardcav

Actually I'd move Claremont McKenna up to group 2, and Yale down to group 3.

CM is a good example of alumni having a big effect on recruitment, you have Michael Milken, Henry Kravis, George Roberts. 3 of the most powerful figures of 80's finance hiring from their alma mata, then those guys spreading across the street and hiring from their alma mata as well.

GrouchoMarxist

based on the entering classes for bofa, gs, ms, lehman, citi for ST and banking generally agree BUT
cornell has great recruiting. duke OWNS many trading floors (im nyu, no duke bias) which you left out. claremont is nothing on the st. BC should be on there for something, better than bu. other than that, accurate. also vanderbilt does ok for itself.

uhyea

notre dame is that strong on the street? r u sure bout that?

Untilted

ND's network is hard to match.

PunjabiPride

thanks for ur advice dardcav
yea i will also join the Econ department fraternity in UCSD "alpha kappa psi" i believe...hopefully i can make some contacts....

rgs321

Dardcav, your rankings are compeletely subjective. Back up those with total recruitment numbers. (btw, it's Saint Louis)

Amherst, Duke, Swarthmore, Emory, UPenn (non-Wharton), and Cornell are among the schools that you left out. All of these receive significant recruiting. (and immensely higher % of class getting into Ibanking than places like Indiana.)

dcfca

It's very stupid and pointless to try to make these rankings

gatorade

Northwestern only in group 3?? hahahaha

Untilted

alpha kappa psi is a professional business fraternity.

dardcav

From the comments, here are some quick replies.
-Claremont guys are getting smaller, but the kids from there that want to get into banking, get in, which counts for some in my book. A lot of guys end up at Private Equity/LBO shops which is even better then the analyst/associate crap i went through.
-Cornell is an omit, however, a lot of kids from Cornell that want to get in, don't get in. So this is why I would put it in group 3. Compared to Harv/Princeton where any kid that wants to go into banking, 70% gets in, this is a big difference.
-all liberal arts schools I omitted, if you are a girl, you could get into Wellesley and be a lot better off, assuming banking is your goal. If you are a guy, better off with Williams or CM, my opinion.
-the hot new schools (WUSTL & Emory), they are very small in numbers, Newsweek rankings don't tell you how likely you get into banking, prestige as relevant to banking is a completely different beast

Generally rule of thumb is when in doubt (with few exceptions) are
- choose a school closer to the New York and Boston
- choose a school with more traditionally wealthy students
- among elite schools, pick the ones that are more moderate or moderate-liberal and avoid ultra liberal schools at all costs
- pick the older school