Kid wants to work on Wall Street

[Anonymous]

Anonymous wrote:^ And the kids from Cornell, Georgetown, and Penn aren’t doing the same jobs as the kids from Stanford, Duke, and Princeton.

Penn & Cornell have the same prestige as Harvard, Stanford, Yale and Princeton on Wall St. Duke and Georgetown are not on the same level. Even Williams & Amherst are considered stronger than Duke in the IB world.

[Anonymous]

Anonymous wrote:

Anonymous wrote:^ And the kids from Cornell, Georgetown, and Penn aren’t doing the same jobs as the kids from Stanford, Duke, and Princeton.

What? Of course they are.

As are those from UMich and UVA

[Anonymous]

Anonymous wrote:

Anonymous wrote:^ And the kids from Cornell, Georgetown, and Penn aren’t doing the same jobs as the kids from Stanford, Duke, and Princeton.

Penn & Cornell have the same prestige as Harvard, Stanford, Yale and Princeton on Wall St. Duke and Georgetown are not on the same level. Even Williams & Amherst are considered stronger than Duke in the IB world.

Uh no. Each bank is a little different and has its "core schools." But Duke is definitely at least on par with Cornell, and likely Penn. Depends on how banks want to allocate resources. There are banks that might choose Cornell over one or more of HYPS. Or Duke over over one or more of HYPS. Those are the exception to the rule and I am by no means arguing that Duke/Cornell are better than HYPS but it happens.

[Anonymous]

Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

[Anonymous]

Agree Cornell is a feeder for IB. They even give kids a chart the first week of class.

[Anonymous]

Anonymous wrote:Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

There’s nothing inherently wrong with this list (though claiming you can rank all of these in order is silly), but “don’t trust multiple data analyses of tens of thousands of data points, trust the opinion of one person who may or may not be closely involved with hiring juniors” is the most DCUM thing ever.

[Anonymous]

Anonymous wrote:Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

This is a good list, though I would place Upenn at the top considering Wharton plus rest of UPenn sends the most kids to Wall Street by far.

However, something else to consider is if OP and others literally mean Wall Street / NYC or really mean work in investment banking or P/E or portfolio management and don't really care that much about location.

WashU sends tons of kids to Chicago to work in the industry and UT Austin sends tons of kids to Houston or Dallas to work in the industry.

Yes, if you work at Goldman you want to be working in their Wall Street office which is at the top of the heap, but I doubt you care all that much if you are working at Baird in Chicago (which has crazy hours too and it's own work load scandal) doing investment banking and getting paid well vs. working for a non-bulge bracket firm in NYC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

There’s nothing inherently wrong with this list (though claiming you can rank all of these in order is silly), but “don’t trust multiple data analyses of tens of thousands of data points, trust the opinion of one person who may or may not be closely involved with hiring juniors” is the most DCUM thing ever.

I already said why you shouldn't trust them, they are not measuring the right thing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

This is a good list, though I would place Upenn at the top considering Wharton plus rest of UPenn sends the most kids to Wall Street by far.

However, something else to consider is if OP and others literally mean Wall Street / NYC or really mean work in investment banking or P/E or portfolio management and don't really care that much about location.

WashU sends tons of kids to Chicago to work in the industry and UT Austin sends tons of kids to Houston or Dallas to work in the industry.

Yes, if you work at Goldman you want to be working in their Wall Street office which is at the top of the heap, but I doubt you care all that much if you are working at Baird in Chicago (which has crazy hours too and it's own work load scandal) doing investment banking and getting paid well vs. working for a non-bulge bracket firm in NYC.

This is true , but Bulge Brackets don't pay the most. Elite Boutiques do which are largely missing from the list of firms on the link you guys posted. I will say Peakframeworks.com has a more thorough analysis but it too doesn't measure EASE of placement. Also, some cities have a lot of Multi Mutual or buyside firms like Seattle, Atlanta that aren't accounted for on these lists. Many students would rather go straight to Private Equity in Atlanta vs Bulge Bracket IB in NYC, just to end up in a similar place 2 years later.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

This is a good list, though I would place Upenn at the top considering Wharton plus rest of UPenn sends the most kids to Wall Street by far.

However, something else to consider is if OP and others literally mean Wall Street / NYC or really mean work in investment banking or P/E or portfolio management and don't really care that much about location.

WashU sends tons of kids to Chicago to work in the industry and UT Austin sends tons of kids to Houston or Dallas to work in the industry.

Yes, if you work at Goldman you want to be working in their Wall Street office which is at the top of the heap, but I doubt you care all that much if you are working at Baird in Chicago (which has crazy hours too and it's own work load scandal) doing investment banking and getting paid well vs. working for a non-bulge bracket firm in NYC.

Yes, but Boston has a lot of finance Roles including IB, so not just wallstreet.

[Anonymous]

Boston is not an IB powerhouse -San Francisco and Chicago are more significant. Sure Boston has Fidelity, State Street, Wellington. In bean town kids from NESCAC , Holy Cross, and Babson do well. Former CEO’s of State Street and Wellington were Holy Cross grads. Fidelity long controlled by Johnson family but still a big economic force.

[Anonymous]

Anonymous wrote:Boston is not an IB powerhouse -San Francisco and Chicago are more significant. Sure Boston has Fidelity, State Street, Wellington. In bean town kids from NESCAC , Holy Cross, and Babson do well. Former CEO’s of State Street and Wellington were Holy Cross grads. Fidelity long controlled by Johnson family but still a big economic force.

Totally agree that Boston isn't great for IB but it has lots of PE and asset management, which is where IB kids all want to end up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Worked in finance for years in Investor Relations, Investment Banking, and Private credit. These are the top schools in order
Harvard, Upenn, Yale, Princeton, Columbia, Cornell, Stanford, Dartmouth, Duke, MIT, Georgetown, NYU, Umich, UVA, Brown, Williams, Nortre Dame, Emory, UC Berkeley, Amherst

Honorable Mentions
UT Austin, WashU, USC, Vanderbilt, BYU, SMU, UNC, BC.

If the school isn't here do pay full price for finance and don't trust linkedin lists; ask professionals or you'll be let astray. It's not about how many on linkedin say they're in Investment banking. One, because there are many other high paying careers in high finance, and 2 it's about the EASE of recruitment. These 20 schools have on campus recruitment and SUPERDAYS/ on-campus INTERVIEWS.

This is a good list, though I would place Upenn at the top considering Wharton plus rest of UPenn sends the most kids to Wall Street by far.

However, something else to consider is if OP and others literally mean Wall Street / NYC or really mean work in investment banking or P/E or portfolio management and don't really care that much about location.

WashU sends tons of kids to Chicago to work in the industry and UT Austin sends tons of kids to Houston or Dallas to work in the industry.

Yes, if you work at Goldman you want to be working in their Wall Street office which is at the top of the heap, but I doubt you care all that much if you are working at Baird in Chicago (which has crazy hours too and it's own work load scandal) doing investment banking and getting paid well vs. working for a non-bulge bracket firm in NYC.

This is true , but Bulge Brackets don't pay the most. Elite Boutiques do which are largely missing from the list of firms on the link you guys posted. I will say Peakframeworks.com has a more thorough analysis but it too doesn't measure EASE of placement. Also, some cities have a lot of Multi Mutual or buyside firms like Seattle, Atlanta that aren't accounted for on these lists. Many students would rather go straight to Private Equity in Atlanta vs Bulge Bracket IB in NYC, just to end up in a similar place 2 years later.

Sure, but the lion’s share of kids are still going to the sell side first, especially if they are unconnected.

I would disagree that a list like peak frameworks doesn’t serve as a proxy for ease of placement. If these schools are placing lots of kids over many years, it’s unlikely it’s happening through any form other than campus recruitment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^ And the kids from Cornell, Georgetown, and Penn aren’t doing the same jobs as the kids from Stanford, Duke, and Princeton.

Penn > Duke on the street, come on dog

yup and Cornell outcomes rival Princeton at many many BB firms - Cornell mafia is real on the street, and alive and well. If you don’t know this than you know nothing about the street

But according to HPY that can’t be since Cornell is a SUNY school, not a “real” Ivy like they are. 🙄

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:^ And the kids from Cornell, Georgetown, and Penn aren’t doing the same jobs as the kids from Stanford, Duke, and Princeton.

Penn > Duke on the street, come on dog

yup and Cornell outcomes rival Princeton at many many BB firms - Cornell mafia is real on the street, and alive and well. If you don’t know this than you know nothing about the street

But according to HPY that can’t be since Cornell is a SUNY school, not a “real” Ivy like they are. 🙄

Who says this? I went to HYP and honestly we didn't really give Cornell much thought at all.