<p>Just to be clear Mistasuggs, the problem for CoE and LSA students isn’t Michigan’s prestige. If Michigan weren’t considered prestigious, even Ross would not be recruited, let alone considered one of the main targets for BB IBanks. Michigan is extremely prestigious in corporate circles, and the list of Michigan alums (not all associated with the Business school) that have founded or served as senior executives (including CEO) at major IBanks is impressive. Today, Michigan remains one of the best represented universities on Wall Street. For this reason, the Michigan brand, regardless of college (Engineering, LSA or Ross) is considered very prestigious in Wall Street. Clearly prestige isn’t the problem. The problem is that IBanks have a clear program to focus their recruitment activity on. And that is not just the case at Michigan. The same thing will happen at any university with a dominant undergraduate business program, including NYU (Stern), Penn (Wharton), Cal (Haas), Michigan (Ross) and UVa (McIntire). </p>
<p>Consulting firms also focus most of their efforts on Ross, but they also seem to recruit students at LSA and CoE a little but more than IBanks do. Again, prestige is not the problem. Among major Consulting firms, Michigan is as prestigious as it gets (save a handful of universities), but again, it is just more practical and cost-effective to focus on Ross.</p>