University of Chicago vs Yale

@NerdyChica

For the lay person, Yale has more prestige, but these people don’t matter when it comes to i-banking recruiting. When it comes to i-banking, firms are wise enough to realize that at the level that Yale and Chicago play at, school prestige is not a factor. Both are prestigious enough to warrant recruiting at those campuses. Now it comes down to student performance and packaging. For many years banks did not bother having a huge presence at UChicago, because the kids who came there were not interested. There was no return on investment for them. That has changed now. As the student demographics has changed and become more like HYPS, you are seeing a significant uptick in recruiting from the banks. They can now come to campus and get a good number of students, unlike in the past. The rankings are not a leading indicator, they are a trailing indicator of the changes, so you will see them move only after these changes ripple through the employee pool of these banks.