<p>MyBlsflHrt: Friends were able to get internships at BBs through</p>
<p>1) Campus postings (infrequent)
2) meeting an alum at an alumni event (infrequent)
3) meeting an alum at a company presentation (frequent)
4) Apply directly through a company website, or even emailing people in the firm asking for an interview if there is some Columbia connection (frequent)
5) Wealthy and have connections with a BB (I’d don’t count these, even though there are quite a few in this category)</p>
<p>It quite common to work at small p.e., hedge funds and boutique i-banks during the year. This, on paper, is almost as effective working at a BB, but as experience to talk about in an interview, probably beats working at a round the year internship at a BB.</p>
<p>Finally Wharton’s dominance is definitely over-stated here, while they have tons of people on wall street, part of that stems from the fact that many many more people apply to wall street from wharton than from columbia. Probably only 10-15% of Columbia College and 30% of SEAS is even interested in finance (that’s 200 people per year), at penn it’s probably 600-700 people per year who are interested in finance, 300-400 of whom come from Wharton, so I would expect many more from Wharton and upenn to get in. Harvard is a more reasonable comparison to Columbia and they do better than us on wall street.</p>
<p>Again, I think Wharton does places better than Columbia (even when you account for the number of people applying), but we are recruited pretty heavily as well. being in NYC means it costs firms virtually nothing to interview tons of kids, and honestly, once you get an interview the job is yours to win or lose. If a company finds brilliant people from college X one year, they will hire more from X, the difficult part is getting the interview in the first place.</p>