Wall Street Placement 2024 update

[Anonymous]

The fact that Emory isn't even ranked that highly on this list yet its still bothering some of you? Yes, Emory is an elite institution and is likely better than your or DC's Alma mater. May I suggest therapy?

[Anonymous]

Anonymous wrote:College transitions has updated their 2024
Adjected for undergraduate enrollment
The top 25 looks like
1. Upenn
2. Harvard
3. Columbia
4. U Chicago
5. Williams
6. Dartmouth
7. Georgetown
8. Yale
9. Middlebury
10. Princeton
11. Duke
12. Claremont Mckenna
13. Amherst
14. Notre Dame
15. Cornell
16. Washington and Lee
17. Brown
18. Emory
19. Northwestern
20. Bowdoin
21. Stanford
22. Boston College
23. Vandy
24. Swarthmore
25. MIT

Thoughts?

Thoughts? Not a single public college. When WSJ did their pay rankings by area (finance, management consulting, etc.) last year, they separated private and public. When you compare, you can see not many publics would ever even appear on a combined list. I went to public universities.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

Wall Street recruiting is MUCH more regimented and earlier now -- it happens during sophomore year. It is quite difficult (I never said impossible) to get a job if you do not attend a school that does not have alumni not only at the firm, but in the lower levels in order to push your resume for an interview. Target firms have coffee chats and numerous graduates at the lower levels for choosing who is interviewed. Sorry -- most students have GPAs that are 3.8+ across many schools. Being at a target school is a huge advantage and it is very hard to get noticed even with "top grades" at institutions outside of the targets. Kids school know this when they choose their colleges if that is the career they want. These are some of the highest paying and selective jobs -- not everyone can get one! And it does not just go to GPAs -- personality, looks, background, connections, etc. all come into play. This is not tech. (also saying Vanguard manages 7 trillion shows a lack of understanding of finance -- these are passive investments largely).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Do you think Wallstreet hires from Arizona State regularly? Where you go matters and lists like this help in making decisions. There is a post discussing Emory vs Tufts for business. A list like this is helpful in differentiation. Why pay 90k a year for tufts when you have little chance at investment banking, when Emory is a target for those banks? I would hate to send my business-minded student to Vassar when she could have gone to Middlebury or W&L for better results.

Jamie Dimon, the CEO of JP Morgan Chase and one of the most respected names on Wall Street, did his undergraduate studies at Tufts. Do you think he's telling their HR department to ignore applications from Tufts in favor of those from Emory?

No but he's certainly not yelling HR to favor Tufts students. Also an Emory grad is CEO of Raymond James.

Of course not. He's telling HR to favor the most qualified candidates, regardless of the college they attended. Which is the point I am making, and some folks on here incredibly seem to be arguing against.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

[Anonymous]

Anonymous wrote:

Anonymous wrote:College transitions has updated their 2024
Adjected for undergraduate enrollment
The top 25 looks like
1. Upenn
2. Harvard
3. Columbia
4. U Chicago
5. Williams
6. Dartmouth
7. Georgetown
8. Yale
9. Middlebury
10. Princeton
11. Duke
12. Claremont Mckenna
13. Amherst
14. Notre Dame
15. Cornell
16. Washington and Lee
17. Brown
18. Emory
19. Northwestern
20. Bowdoin
21. Stanford
22. Boston College
23. Vandy
24. Swarthmore
25. MIT

Thoughts?

Thoughts? Not a single public college. When WSJ did their pay rankings by area (finance, management consulting, etc.) last year, they separated private and public. When you compare, you can see not many publics would ever even appear on a combined list. I went to public universities.

Number of public colleges for straight ranking.
Per capita is disadvantageous for large schools.
Look at both if you want to use them for reference.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Do you think Wallstreet hires from Arizona State regularly? Where you go matters and lists like this help in making decisions. There is a post discussing Emory vs Tufts for business. A list like this is helpful in differentiation. Why pay 90k a year for tufts when you have little chance at investment banking, when Emory is a target for those banks? I would hate to send my business-minded student to Vassar when she could have gone to Middlebury or W&L for better results.

Jamie Dimon, the CEO of JP Morgan Chase and one of the most respected names on Wall Street, did his undergraduate studies at Tufts. Do you think he's telling their HR department to ignore applications from Tufts in favor of those from Emory?

No but he's certainly not yelling HR to favor Tufts students. Also an Emory grad is CEO of Raymond James.

Of course not. He's telling HR to favor the most qualified candidates, regardless of the college they attended. Which is the point I am making, and some folks on here incredibly seem to be arguing against.

Jamie Dimon isn't telling them anything. If you think you can get into JP Morgan from Oberlin, for example, or Penn State, good luck! Maybe a couple win the lottery every year, but it is extraordinarily unlikely and you are far more likely if you go to Middlebury, for example.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Which do you think you would have more chance at Wall Street

Business/Econ/CS/Math at NYU

vs

Business/Econ/CS/Math at Emory

Depends if it's Stern or not. Emory is the more prestigious school so for econ, CS, and Math it's Emory. NYU Stern is different so NYU for business.

Another delusional shameless Emory person.

https://www.usnews.com/best-graduate-schools/top-humanities-schools/economics-rankings
Undergrad one only shows for premium, so this is for grad, but not much difference.
NYU Econ: #11
Emory Econ: #53

https://www.reddit.com/r/ApplyingToCollege/comments/16lnder/us_news_2024_ranking_of_best_undergraduate/
Undergrad CS
NYU: #40
Emory #63

https://www.usnews.com/best-graduate-schools/top-science-schools/applied-mathematics-rankings
Best math
NYU: #2
Emory: Need I say more?

Emory people please wake the F up already

I went to NYU. I’m assuming it is geographic. I’m sure peoooe in the south love Emory. NYU has huge geographic advantage for finance.

No, these academic rankings have nothing to do with geographics.

We are talking about jobs on Wall St in NYC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).

Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

Exactly: look how low MIT (and Stanford) is on this list. They are looking for a certain type of kid & smart is only a piece of it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

Nice job sneaking Northeastern in there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).

Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.

+100. People are very disillusioned when they discover otherwise during their sophomore year.

[Anonymous]

Anonymous wrote:The fact that Emory isn't even ranked that highly on this list yet its still bothering some of you? Yes, Emory is an elite institution and is likely better than your or DC's Alma mater. May I suggest therapy?

The Emory Mom is on every chat. She can't help it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
Northeastern has high SAT score like it or not.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

Nice job sneaking Northeastern in there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.

My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.

Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.

They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
Northeastern has high SAT score like it or not.

As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.

If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.

Nice job sneaking Northeastern in there.

Northeastern has high SAT scores. So they are smart