<p>Tufts is actually surprisingly good at recruiting kids into the investment banks. The undergraduate investment club is pretty reputable and is a good feeder (it was featured in businessweek several years back). It also helps that, for example, Jame Dimon, the CEO of JP Morgan, is a Tufts alum. But Goldman Sachs recruits on campus. And grads have gotten internships or gigs at the major investment banks (Credit Suisse, UBS, Barclays, Morgan Stanley, Goldman Sachs, JPM, etc.). </p>
<p>So yes, Tufts is actually pretty good with that stuff.</p>
<p>Business undergraduate doesn’t really teach you the same stuff (especially since Wall Street is way different). Plus, the proximity to Boston and NYC (two finance hubs) are a huge benefit for Tufts. I can’t speak for Michigan, but I know for West Coast schools, there is not a huge amount of presence on Wall Street. That’s because West Coast is more “Start-up.” Remember, Finance and Business aren’t necessarily the same thing (I would actually contend majoring in something other than business is more useful).</p>