<p>That was just an example. You should review the McKinsey, Marakon, LEK, and Mercer Management lists. Obviously, those lists were willingly ignored.</p>
<p>my point still stands. </p>
<p>your opinion on one of the most well respected investment banks in the world is based on one guy who got a job there but didn’t at another bank. talk about inadequate. </p>
<p>i can’t believe you worked at Merrill and have no idea who the major global investment banking players are.</p>
<p>Go Bellarmine University!!!</p>
<p>(that’s in Louisville, Kentucky btw, just Googled it)</p>
<p>but your opinion about NU just “plumeted” by the posts of two people that you never met before (one of which doesn’t even attend NU).</p>
<p>so what lessons have we learned today?:</p>
<p>1) Don’t rely on 6 year old Vault.com links
2) Don’t base your opinion on an investment bank because a guy you know got a job there (and even if you make that mistake, don’t make the bigger mistake of crying how “ludicrous” it is that someone would point out the simple fact that this investment bank is indeed an elite bank)
3) What’s lamer than having an alter ego? Getting caught having an alter ego.</p>
<p>
</p>
<p>yeah we believe you guy(s) <em>wink</em> <em>wink</em> …</p>
<p>the_prestige went to Princeton, if I recall correctly, and was in IB at some point…or still might be</p>
<p>Either way:</p>
<p>Credit Suisse is a Bulge Bracket firm, and even if you don’t think it is a BB it is still top tier, collegebound. You need to realize something: as a first year analyst (all the way up to 2nd-3rd year associate) your salary band, duties, and experience at CS is extremely similar if not identical to one at MS GS ML LB or UBS…sure, the overall deal flow might be worse at CS, but in pretty much every relevant way CS is certainly considered a BB firm.</p>
<p>CS is considered in the same way someone considers UBS, ML, LB, or other firms at my school (Duke) which is an I-banking hive.</p>
<p>“haha, the guy who is on college confidential 24 hours a day”</p>
<p>elsijfdl, </p>
<p>you have started more threads and have more posts than the_prestige.</p>
<p>Here’s the undergrad representation of summer analysts at a certain BB:</p>
<p>[2007</a> list of BB Summer Associate class by colleges | WallStreetOasis.com](<a href=“http://www.wallstreetoasis.com/node/8184]2007”>2007 list of BB Summer Associate class by colleges | Wall Street Oasis)</p>
<p>Just based on observation, it seems that the overriding perceptions regarding the quality of certain schools as I-banking hives on CC are perhaps overestimated like Chicago, Northwestern, Georgetown and even Penn. If this data is accurate and reliable, then Dartmouth and Duke are grossly underestimated on this site and are indeed competitive on the same level as HYP and Wharton.</p>
<p>let me get this straight?</p>
<p>You are basing your opinion of a school’s rep on one BB. This one BB is not even mentioned nor does it mention if this information is accurate. Someone could post a similar post and make up numbers as well.</p>
<p>collegebound, are you arguing that a certain school is underrated or something?</p>
<p>and yes, people on wall street actually know whats up. The Ivies, Stanford, Duke, MIT, and a few other friends are where most analysts come from. Mich, Berkeley, NU, and Chicago are good schools academically and isn’t surprising that they place analysts in Wall Street. All other schools I’d say its an uphill battle.</p>
<p>In the above post, he says that “Chicago, NU, Gtown” are overrated. I am saying that it is completely ludicrous to make such an assertion based on one unverified internet post where nothing is substantiated.</p>
<p>Ever year btw, recruitment changes. For instance, let’s look at Credit Suisse’s campus calendar this year. Absent: Dartmouth, Brown, and Northwestern.</p>
<p>[CS</a> - Campus Recruiting - Campus Events Schedule](<a href=“http://campusrecruiting.credit-suisse.com/en/Americas/Home/Recruitment_Events/Campus_Events_Schedule.html]CS”>http://campusrecruiting.credit-suisse.com/en/Americas/Home/Recruitment_Events/Campus_Events_Schedule.html)</p>
<p>Yet, Baruch College,Fordham, Pace, NJIT, Stony Brook, Univ of Miami, and Indiana University are included…</p>
<p>Thus, when someone looks at the summer analyst class for Credit Suisse this year, you prob will not see too many Dartmouth, Brown, or Northwestern students. Makes sense?</p>
<p>collegebound,</p>
<p>are you still trying to argue that Credit Suisse is NOT a major player in investment banking?</p>
<p>funny since I took this link of off the one you provided:
[CS</a> - Campus Recruiting - Credit Suisse Named Global Investment Bank of the Year](<a href=“http://campusrecruiting.credit-suisse.com/en/Global/Home/Inside_Credit_Suisse/Recruitment_News/credit_suisse_global_investment_bank_of_the_year.html]CS”>http://campusrecruiting.credit-suisse.com/en/Global/Home/Inside_Credit_Suisse/Recruitment_News/credit_suisse_global_investment_bank_of_the_year.html)</p>
<p>Judging solely from their recruiting list, you wouldn’t think that Credit Suisse is a major player in the investment banking field.</p>
<p>Just curious, how would you compare Credit Suisse with UBS? Which one is more prestigious?</p>
<p>I would rather be at CS than UBS. Great Sponsors Group. I think they still have an excellent tech group even after Quattrone left. In general, good deal flow.</p>
<p>UBS’s investment banking division is somewhat of an embarassment right now; its bread and butter has always been wealth management, and its been trying to make in-roads into banking for years. </p>
<p>If anything, UBS-LA which was led by Ken Moelis, superstar banker before he left to start his own boutique, was the source of UBS’s IBD strength. Now that place was a great office for analysts to come in and get great experience – so much dealflow.</p>
<p>collegebound,</p>
<p>you are taking completely illogical criteria to base your opinion about an investment bank - some guy you knew, etc.</p>
<p>take a look at global and US underwriting league tables for both debt, equity and M&A (the three major investment banking products) for every decade going back to the roots of the investment banking business on Wall Street (i.e. going back to the 50s, and into the 60s, 70s, 80s, 90s). Have you seen them? I have.</p>
<p>you will see First Boston, CS First Boston, CSFB, CS (i.e. all of its incarnations – including its acquisition of DLJ) has always ranked squarely in the top 5-6 rankings (alongside Goldman, Morgan Stanley, Merrill, Lehman, Solly –> i.e. THE Bulge Bracket firms).</p>
<p>you keep thinking JPM is the epicenter of i-banking, but that goes to show you how little you know – JPM hasn’t even been in the investment banking business for a full decade. now granted, JPM is an elite name in the world of finance and banking in general for sure, but its a relatively new player in investment banking – they were only allowed to enter the business in 1999. after the Chase merger, JPM was a veritable basketcase trying to figure out which divisions would do what and which end was up. now, they have made great strides recently, but a lot of that is due to its balance sheet than anything else:</p>
<p>as I mentioned in my earlier post, the big money center banks have taken advantage of the loosening of investment banking regulation by leveraging their enormous balance sheets to win business (i.e. providing cheap financing/lending as a quid pro quo to win i-banking business) which has helped Citi and JPM (and to a lesser extent the Euro banks – CS, UBS and DB) increase their marketshare. </p>
<p>this trend (i.e. the importance of leveraging the balance sheet and at times even putting up your own capital to win business) has increasingly forced the other investment banks to re-think the way they do business. for instance, Goldman Sachs’ decision to go public had at least something to do with this trend. look at other deals where firms like Lehman are putting up their own capital at risk to get deals done. this is a much more painful process for the traditional i-banks vs. money center banks.</p>
<p>at any rate, the simple bottom line is Credit Suisse has been and is one of the leading investment banks. period. there is no argument. they have been at the front edge of financial product innovation and development throughout the decades – i.e. high yield / M&A in the 80s, derivatives in the 90s (through the previous entity CSFP (Credit Suisse Financial Products) – which created THE model for global derivatives businesses for every investment bank), technology i-banking / IPO underwriting in the 00s, etc. etc. </p>
<p>the more you try to argue this, the less informed you look about investment banking.</p>
<p>Just b/c employers list all those schools (what are considered non-targets) does not mean that they recruit for Investment banking division or S&T. Employers recruit at plenty of schools but not for the jobs that students would consider their first choice (ibanking, capital markets, and s&t)</p>