Can you elaborate on Kelley?
Kelley is massive, population wise. ā¦as big or larger than colleges in their entirety. Or near 2x all of Lehigh.
https://kelley.iu.edu/about/profile.html
https://kelley.iu.edu/undergraduate/admissions/first-year-students/index.html
And sadly, once again (āas usualā), posts seem to be misread and/or misunderstood. @ray001 - to stay on topic, when it comes to college applications, internships or job applications, do not do anything cheesy/gimmicky. That may have been doable in sales, but it is not applicable in these situations and itās important to make it clear that it doesnāt generalize to these situations. The story of the Ga Tech student who got an interview and ultimately an internship at NCR was a fun news story here in Atlanta. The apartment window post-it note message was clever, but not sent to anyone. Someone at NCR across the street cleverly responded in kind, asking for his email address. It got him an interview (probably by zoom as this was during COVID). This was a kid who had already had one successful internship (I think it actually might have been a co-op, as it was a semester long) with a company that did data analytics for energy management. And he founded/co-founded 2 businesses. So when he was interviewed, he had a solid academic, work and co-op track record. He now works for Microsoft. Clearly a bright guy. Fun story. But bottom line, as you are looking for guidance here in your application and ultimate internship/work goals, please make wise choices. In this day and age, an unsolicited package to an office could be sent to the bomb squad!! When college admissions staff and hiring managers write articles that say donāt do something ⦠LISTEN.
Moving on.
Check out Babson College.
But the question was about getting into school, not getting an internship.
And do any companies take paper applications or resumes anymore? This isnāt Elle Wood getting into Harvard Law with her pink resume and video application. Weāre living in the days where everything is digital. When I worked for the government not that long ago, anything that came by mail/fed ex/courrier had to be xrayed, so it took much longer to get to the person you wanted it to get to. It could take a week or more to get something xrayed and delivered. If you sent it Fed Ex, I had to be at my desk to sign for it or theyād leave a note and Iād have to go pick it up, and the mail room might not be open when I went down there. If you really wanted me to get something, email it (and sorry, no chocolate foot could be attached) Iām sure many colleges have the same rules for mail, packages, things dropped off at the door.
For actual IB it does matter. I posted on another thread that in my 10 years at a bulge bracket firm we had exactly 1 analyst/associate who wasnāt from a target school. People can search linked in all day long, but Iām telling you if this is actually what you want to do (which is a whole DIFFERENT) discussion - you need to be at a target school or find a way into an internship before graduation. Iāll be real here - I honestly didnāt understand the Art History Major from Dartmouth - could not be more different than my engineering degree. But those are target schools. A random wealth management job at a regional bank - sure but if you want an actual job in investment banking, school matters
But not everyone can get into a target school. That may be this student.
For someone like them - what is the answer ?
Some, I believe, are above like ASU IBIS - which is placing. But entry into ASU and entry into IBIS are two different things.
Not everyone can gain entry to a ātargetā nor does everyone have the means to afford. Or may have the means but may be unwilling to part with that much money.
Many full pay families set a budget.
In this case, the NYU/Cornell types are unlikely. Even non target UF is 50/50 at best.
So while I can appreciate your opinion, for the other 98%, whatās your recommendation ?
Hopefully not to give up on the goal.
Additionally, not sure if you are current or past in the industry, but hiring practices in general have changed - canāt say to that industry but overall are quite different with these past 3-5 years accelerating.
I might add - some work at or worked at one or two places and think everyone has the same patterns. In most industries there are the premier and secondary or regional companies. Iām guessing Ford hires differently than GM or Toyota differently than Honda. Or Kraft Heinz and Hershey.
There are many regional or smaller I banks, etc.
Personally I donāt think anyone - from a CEO to entry level employee, knows the entirety of their industry. They know what they personally see or saw. And they might believe that but it doesnāt necessarily mean they are right.
Itās not bad if thatās what they think - but I think the world is wider than that. I know it is in my industry.
Thanks, Darcy. What are the target schools?
Thanks.
And then thereās this:
Note the list of Top Feeders adjusted for undergraduate enrollment.
Based on the above, the best targets for an ambitious applicant such as OP could thus be, in their rankingās order, (Baruch * ), Fordham, Penn State, Drexel, Villanova, plus Babson, Bentley, W&L.
Asterisk for Baruch: itās a 99+% commuter college. For best shot, students not only need to get into Baruch but into Baruch Honors AND Zicklin Honors (Zicklin Honors at a minimum if not Baruch Honors; Macaulay students are obviously also at an advantage). For an OOS or even out of city student, the best bet would be to live with friends in the one housing building or find housing with friends in order to avoid living in a literal closet with no social life. Baruch has a āvertical campusā ie , a skyscraper and people go to class and leave. To compare with a typical college: thereās one hour in the week dedicated to college clubs. Thatās it. So thereās no typical college life and students need to be very independent, make friends easily, etc. It would take a more mature, more independent, savvier than typical 18 yo to make it work from OOS.
The thing is - there are far more firms than these list show.
Like rankings - these are great resources but not 100% on. And in some ways the two sources counter each other. In past posts by people here on cc, Babson/Bentley are eschewed for success and yet here they are as capable on per capita of the second list.
It goes to show, thereās no full proof way - thatās even at a top school - and thereās no - weāll go here and itās impossible.
Thereās even more than are listed here.
Back to my point - no matter where the student ends up - even at FSU (a quick search shows placements at Guggenheim, Raymond James, JP Morgan, Piper Sandler citi, Freedom Capital) or USF (Evernote, JP Morgan, Davidson Equity, LCG), they are not shut out.
The fact that people on here continue to act like you MUST go to a listed school or you cannot succeed - is just wrong. You have to work hard from anywhere and moreso from other schools but if the student ends up at FSU which is very likely given the initial list, with hard work and luck they can still find a way as many others have.
There is a world of difference between being an Investment Banker and being a Financial Analyst at an Investment Bank.
It is not 100% true. But it is so close to 100% that it reaches a level of misleading so that it is reckless and hurtful not to be honest with people. If you arenāt at a target school, and your uncle doesnāt hold a position of authority, the odds are overwhelmingly against you. Being a Financial Analyst or a Fund Accountant or some guy cranking out dashboards on Power BI at JP Morgan doesnāt make you an Investment Banker.
Or being an āanalystā at Goldman Sachs who is responsible for monitoring budget variances for the facilities team. Or the āanalystā ( same institution) who helps management understand why healthcare costs went up last year despite having fewer employees.
Again all these people are calling themselves Investment Banking Analyst - from tons of schools - are they all lying ? All these people from all these schools? You all continue to talk about there just an analyst or change toilet paper in the bathroom - thatās not what their titles or job descriptions are showing. You all seem to dismiss hundreds of kids Iāve found with the title Investment Banking Analyst.
We used to say there was 25 targets. Now we show 60 targets or whatever it is.
These are lists. Peak and College Transitions donāt even match.
Again, Iām not saying itās easier at some than others. Iām saying you all pointing to a list and thereās nothing else and to me, thatās nonsense.
You may need an uncle coming from the ālistā school too.
The lists use only certain firms. There are more than Goldman and Citi and JPM. There are companies like Guggenheim and DA Davidson and so so many more. Theyāre not big but theyāre not nothing. And theyāre not captured on those lists (if the lists are even accurate).
This student is unlikely for most every school on the list - at least via the ones they listed - certainly any school high up the list.
Are you going to tell them their dream aināt happening no matter what ??
Iām not - and this kid has already interned in HS at a firm of some type. Is the student connected from that? I donāt know.
But at 17 years old, Iām not going to tell them the door is closed.
You can - but Iām not and I donāt believe it is.
Thanks
Edited - I should add the lowest school on the Peak list showed 59 hires - so no school produced less than 58 hires? Nor do I see - even on the top 60 list - W&M or Ohio State, two schools that have been mentioned by āexpertsā here as making inroads. And Vassar gets mentioned often - not on the list of 60. Is it āoutā?
Yep. You can go to Podunk U and get a job at Jefferies. You can also play professional American Football in Europe.