<p>Ross is a target, but that 40% might be misleading.</p>
<p>First of all, it’s according to how many people responded to the career survey, so everything is self-reported material. Of course we can assume that a good number out of the 350 graduates did the survey, and most probably answered as accurately as possible. But still, the 40% is not 40% of students but rather 40% of respondents.</p>
<p>Second of all (and more importantly), many jobs can be classified as “investment banking” that actually aren’t traditionally IB. And it can be anywhere in the world. Just look through the Ross job database (search by “finance-investment banking”) or postings on Vault or ■■■■■■■■ for “investment banking” and you’ll know what I mean. You’ll see a list of random firms/positions. The real % we need to know is % going into a BB (or top boutique) in NYC as an IB analyst, eliminating firms and positions (and probably even locations) that don’t traditionally count.</p>
<p>I know a Ross student who graduated in 2004. He went to GS. He said only one other person that year became an analyst in IB in NYC. The rest were non-IB positions and/or not in NYC. I’ll try to get more details on that, but that’s what he said.</p>