<p>I do want to add a bit more here. Investment Banking is complex and diverse. There are many different types of institutions and many vaired types of activities. For example, most people wouldn’t see a clear connection to a highly technical program such as MIT. Those people are uninformed. An equity derivatives group would be immediately drawn to such candidates. It goes on. Recruiting at the bachelor’s level has an entirely different focus than the same activities for MBAs. Moreover, there are some recruiting activities that are very close to collusion. Second tier IBs will target different (lesser) schools since they will not be competitive with the top tier institutions. Alternatively, they may target less attractive students at the top tier schools. The banks realize that they aren’t all going to fill their objectives if everyone pursues the same students. Students should take the same approach.</p>