<p>Academic reputation isn’t highly correlated with ibanking recruitment. IBanks recruit extensively at about 17 target schools/programs: the 8 Ivies, Stanford, MIT, Duke, Northwestern, UChicago, Georgetown, UVA McIntire, Michigan Ross, Notre Dame Mendoza, and Berkeley Haas.</p>
<p>Other highly regarded schools like Caltech, Johns Hopkins, Wash U, Rice, and Emory are almost not even looked at by bulge bracket firms. A lot of this has to do with the fact that none of these universities have highly ranked MBA program so their alumni network in consulting/finance is weak. Also, there are more Cornell grads on Wall Street than Stanford grads for instance; this might be attributed to self-selection but its worth noting.</p>
<p>The fact that Princeton undergrads seem to gravitate towards finance more than some of their peer schools might make up for the fact that it doesn’t have a highly ranked MBA programs with regards to alumni network potency and size but I’m not sure.</p>