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Investment Banking

DrailingDrailing Registered User Posts: 68 Junior Member
I need some advice about Berkeley.

How often do Berkeley undergrads move into investment banking in either SF or NYC?

What majors are they typically in?

Thanks in advance (trying to weigh what schools to apply to -- sorry if the question seems improper or out of place).
Post edited by Drailing on

Replies to: Investment Banking

  • Waiting4CollegeWaiting4College Registered User Posts: 1,966 Senior Member
    did you major in either of these?

    https://career.berkeley.edu/Major/Econ.stm
    https://career.berkeley.edu/Major/BusAd.stm

    theres your answer, in that case. if not, i dunno. sorry bud
  • demozdemoz Registered User Posts: 1,177 Senior Member
    A high percentage of Haas ungrads go into ibanking in SF. But, I don't think the numbers are as high as ivy leagues and such. Also, it's usually very rare for anyone in Berkeley to get into Wall Street, however.

    Undergrads not in Haas have a harder time breaking into ibanking but it's not impossible.

    I would say that Berkeley and Stanford have the best ibanking placement on the West Coast. If you want Wall Street, you should look at other schools.
  • sunfishsunfish Registered User Posts: 443 Member
    The 2009 survey here
    https://career.berkeley.edu/Haas/HaasEmploymentReports2009.pdf
    paints a fairly grim picture even for Haas grads.
    Less than 30% got in banking(the lucrative kinds) and consulting.
    In general, getting into "banking" is difficult. Ditto for top tier consulting.
  • BerkeleyMcKBerkeleyMcK Registered User Posts: 23 New Member
    Berkeley is a great feeder for IB / PE. I had classmates who got Front Office positions at Goldman Sachs & Morgan Stanley.

    My advice, if thats what you're gunning for, if you do decide to go to Berkeley:

    1) Major in either math/econ/bus, double-majors encourages / rewarded, but don't do it at the expense of grades, graduate 3.8+ cum laude.

    2) Take proper coursework in finance / accounting / investments. Show that you're up to par. Also, take the harder math courses. You can get through bus majors with easy math substitutes, it is not looked well on.

    3) Get Microsoft Certified in Excel. Oh yeah, what did you think first year analysts do?
This discussion has been closed.