We need an official thread for this...

<p>[Investment</a> banking - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/Investment_bank]Investment”>Investment banking - Wikipedia)</p>

<p>To get in, you need to be at a top University (target School). These schools are the ivies, MIT, Stanford, Cal Tech, and a few other undergrad B-Schools (i.e. UMich Ross). Duke is up there too. That list is probably not complete, but it’s close to it.</p>

<p>If you’re not at a target, it’s much harder to break in. You would have better luck at a boutique. Competition is ridiculous, because of the high salaries. Before the meltdown, analyst made well over 100k easily.</p>