Emory is ranked 18 for percapita placement, higher than Northwestern, Vanderbilt, Stanford, WashU etc. In the IB space target is a school in the Top15 for placement. Semitarget are schools ranked 16-30 for placement. Emory is in the high end of Semitarget, almost a target.
Do you know that this analysis verifies the titles of the employees they are counting?
So someone can be an “Analyst” at Goldman Sachs without actually being an Investment Banking analyst. You can be an analyst in comp and benefits, an analyst in one of the many IT support departments, an analyst in one of the many finance teams (internal finance, not client facing finance), etc. Just having the title “Analyst” on your Linkedin profile-- and having one of the Investment Banks as your employer, does NOT mean that you are on track for one of the careers commonly described as “I-banking”. It would be unusual for someone who is an analyst on a finance team-- where their responsibilities are to track vendor procurement contracts, provide analyses on trends, determine relative productivity of various tools, etc.-- to “jump tracks” and end up in a client facing role doing M&A.
God is in the details here. Is there more to their compilation than just ■■■■■■■■ Linkedin???
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This is a very mature decision. Giving up dream schools is never easy.
Another important consideration for your parents is whether they can provide the same level of financial support in loans to your sibling(s). While every parent wants to give their children the college experience of their dreams, the reality is that financial resources aren’t unlimited, and tough choices have to be made.
I wish you all the best news from your college decisions.
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“To identify “top feeder” institutions into the banking sector, we relied on publicly available data from LinkedIn, a professional networking site featuring profiles of more than 200 million workers across the United States. Specifically, we identified and analyzed the undergraduate backgrounds of nearly 7,000 entry-level Investment Banking Analysts across fifteen of the most reputable banking firms”
Straight from the article, and even if what your suggesting was correct you could apply that same sentiment to all the schools listed.
Don’t want to get in the middle of this because I view the results as “representative” but not entirely factual or comprehensive.
A few quick points about the data used…,
“fifteen of the most reputable banking firms, including PJT Partners, Goldman Sachs, Citi, JP Morgan, Bank of America, Morgan Stanley, Credit Suisse, Barclays, Guggenheim Partners, Evercore, Greenhill & Co., Lazard, Moelis & Company, Centerview Partners, and Perella Weinberg”
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Credit Suisse no longer exists having been fully absorbed by UBS so those numbers are flawed.
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8 of the I banks utilized don’t have material sales and trade businesses. Most aspiring undergraduate IBers haven’t distinguished between advisory type IB banking and financial markets so these conclusions are flawed for those uncertain about what client facing role they seek.
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Arguably only 1 international bank (Barclays although very American and populated by former Lehman) is included. Canadien, French, British, German, Dutch, Spanish, and Japanese banks have very large US based franchises that likely represent a comparable number of IB opportunities in aggregate to the 15 listed.
I am not looking to suggest a different hierarchy of targets but highlighting some obvious concerns.
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