Hi, I've been getting into becoming an investment banker recently, and I have a questions about it:
I keep hearing about having to go to schools like HYPS in order to have a chance at investment banks, but aren't these mostly for the top of the line banks like Goldman? Couldn't someone get a job at a "lesser" bank and not have to go to those types of schools, because lets face it, not everyone, even people who seem overly qualified can get into those types of schools. I was wondering what happens to those that can do it, but have to go to a state school for whatever reason (excluding the super state schools like Berkeley, UCLA, Michigan, Texas, etc.)? Lets say I have to go to my state school because I don't want to pay for the tuition at more prestigious schools, can I still go to the second tier of bankings and eventually get into the specialities like hedge funds, S&T, VC, etc? Also, if you do get into VC, do the hours/stress improve from just doing investment banking? Although I love the job description of IB, I don't want to work that much for the rest of my life, so what are conditions like after specializing?