<p>I agree with BankonBanking. MIT is recruited heavily for S&T as well as by top hedge funds and prop trading shops. Dartmouth, Columbia, Cornell, Duke, and Northwestern are all great schools, but it’s harder to break into PE/HF from these.</p>
<p>Although may top PE/HF do recruit at non-HYPSMW schools, they focus on those schools because they can take their pick of best students (over GS IBD and McKinsey) at those schools. Each firm has its favorite schools. For instance, although BX PE interviews not just at Harvard and Wharton, they hire almost exclusively from the top of the class at Harvard and Wharton. Same goes for Sankaty (which also likes Yale), DE Shaw (which likes MIT), Jane Street (which likes MIT), etc.</p>