Any Investment Banking or Private Equity professionals?

Anonymous
Anonymous wrote:Nope don’t agree with this list at all. My top IB where I am a partner/senior managing director - hires from all over the place.

Where your list is most structurally off is underweighting SLACs. Williams and middlebury should be way higher - and so should other SLACs - Hamilton, Colgate and yes in some parts of the market Bucknell. I am sure I am missing more.

Those grads at our firm and others loved their schools and are often more helpful in recruiting. My last hire was from vassar. I turned down Yale grad for that.

I went to HYP so I am not knocking it. But we cut through name brands to pretty fast. Bloom where you are planted, stay humble regardless and then call us.



I also work on Wall Street and agree with this. If one does well at almost any of these schools, and can demonstrate grit and is a hard worker, they will have a good shot at breaking into the industry.

I’ve personally found NYU kids (not necessarily always from Stern) are scrappy and willing to hustle a bit more - ie being in the city can do internships year round etc. But we’ve hired from schools across the board
Anonymous
Usc absolutely UT are too high.
Anonymous
Anonymous wrote:
Anonymous wrote:Do you agree with this Tier listing for IB/PE placement
Tier 1 (Ultra-Targets) (++++)

Harvard • UPenn (Wharton) • Stanford • MIT


Tier 1.5 (Top Targets) (+++)

UPenn (non-Wharton) • Columbia • University of Chicago (UChicago) • Duke • Dartmouth • Yale • Princeton

Tier 2 (High Targets) (++)

Brown • Northwestern • Cornell • NYU (Stern) • UMich(Ross) • Georgetown (McDonough)

Tier 2.5 (Semi-Targets) (+)

UVA (McIntire) • Amherst • UC Berkeley (Haas) • University of Notre Dame (Mendoza) • Emory (Goizueta) • USC (Marshall) • UT Austin (McCombs)

Tier 3 (Semi-Targets)

Johns Hopkins • Northeastern • Vanderbilt • Washington University in St. Louis (Olin) • UCLA

Tier 4 (Semi-Targets)

UNC (Kenan-Flagler) • CMU (Tepper) • Boston College (Carroll) • Rice • Indiana University (Kelley IB Workshop only) • Brigham Young (Goldman Sachs pipeline)

Tier 5 (Lower Semi-Targets)

Williams College • Middlebury College • Claremont McKenna College • Texas A&M University • Penn State • University of Florida (Evercore pipeline) • University of Georgia

Tier 6 (Non-Targets but Recognizable)

Rutgers • Fordham • University of Wisconsin-Madison • Villanova • Southern Methodist University (SMU) • University of Washington (Seattle)

https://www.wallstreetoasis.com/forum/investment-banking/no-bs-data-backed-target-colleges-for-ibpe



Crazy how upenn non wharton is higher than nyu stern or georgetown!


+1

NYU shouldbe in top tier. Georgetown should be higher--does better than Northwestern, but Northwestern is strong for MC (consulting). In order to have a choice of prime job offers from NU, it is best to be in one of the two or three programs at Northwestern which require high level math skills.
Anonymous
Odd… I hear White Lotus music as I read this thread.
Anonymous
Anonymous wrote:
Anonymous wrote:Are you sure you want to build this onramp to Adderall and anxiety? Speaking as a dual PE family, I would not onramp my kid into this. You know who makes a lot of money? People who build great companies (owners or high level execs) who exit to PE or public markets every 2-3 years but still have a life.


Can you tell me more about what's so hard about PE and why you are suggesting that PE people do not have a life? Is it the travel or the long days or ?? Because as someone who works in Biglaw, has cancelled or worked through many vacations, missed weddings and other family events, had to work every freaking holiday, including Christmas and New Years, and generally being at the beck and call of clients at all hours, I thought PE had better lifestyle AND better pay and offramps than Biglaw. I guess what I'm asking is: is it really that bad?


I'm not in PE or IB, but I'm an executive at a corporate and work with them often. For IB, it's hard because you're always working. You're constantly pitching (if you're more experienced) or building models, endlessly revising decks, etc. (if you're junior). You're working with the companies you're trying to sell, you're pitching those companies to buyers, you're on the calls between your companies and your buyers, etc. And you travel a lot, do a lot of meetings in person (even if junior), so you're doing all of this spreadsheet and deck work at night. It's just time consuming, not necessarily extremely difficult, but it takes hours. For PE, you're doing much of the same, with slight changes as you're on the buyside. More time with models and less with PPTs, more time working with companies you own/invest in, etc. Which of these you prefer probably depends on personality. If you want to be in sales, being in IB is a good option given the relatively interesting work, high dollar deals and compensation. But hours are intense. To the questions specifically about PE vs. BigLaw, I'm not sure, but I think PE is typically fewer hours than IB as you get older.
Anonymous

Cas students in Econ, math cs majors interview along with Wharton students. I have always noticed UPenn students interview very well. Tend to be very business we’ll read and more the cnbc type.

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do you agree with this Tier listing for IB/PE placement
Tier 1 (Ultra-Targets) (++++)

Harvard • UPenn (Wharton) • Stanford • MIT


Tier 1.5 (Top Targets) (+++)

UPenn (non-Wharton) • Columbia • University of Chicago (UChicago) • Duke • Dartmouth • Yale • Princeton

Tier 2 (High Targets) (++)

Brown • Northwestern • Cornell • NYU (Stern) • UMich(Ross) • Georgetown (McDonough)

Tier 2.5 (Semi-Targets) (+)

UVA (McIntire) • Amherst • UC Berkeley (Haas) • University of Notre Dame (Mendoza) • Emory (Goizueta) • USC (Marshall) • UT Austin (McCombs)

Tier 3 (Semi-Targets)

Johns Hopkins • Northeastern • Vanderbilt • Washington University in St. Louis (Olin) • UCLA

Tier 4 (Semi-Targets)

UNC (Kenan-Flagler) • CMU (Tepper) • Boston College (Carroll) • Rice • Indiana University (Kelley IB Workshop only) • Brigham Young (Goldman Sachs pipeline)

Tier 5 (Lower Semi-Targets)

Williams College • Middlebury College • Claremont McKenna College • Texas A&M University • Penn State • University of Florida (Evercore pipeline) • University of Georgia

Tier 6 (Non-Targets but Recognizable)

Rutgers • Fordham • University of Wisconsin-Madison • Villanova • Southern Methodist University (SMU) • University of Washington (Seattle)

https://www.wallstreetoasis.com/forum/investment-banking/no-bs-data-backed-target-colleges-for-ibpe



Crazy how upenn non wharton is higher than nyu stern or georgetown!


+1

NYU shouldbe in top tier. Georgetown should be higher--does better than Northwestern, but Northwestern is strong for MC (consulting). In order to have a choice of prime job offers from NU, it is best to be in one of the two or three programs at Northwestern which require high level math skills.
Anonymous
Anonymous wrote:
Anonymous wrote:From what I can see, it pays to be very athletic, tall, and good looking in these professions. And obviously be male 95/100 times. I’m not sure if they only hire their own or if these attributes actually make you more succesful, but it might be something to keep in mind.


This is so true. They love athletes. I know two college football players and a couple of lax guys, and I don’t ven know that many Wall Street People.


Yea, D1 athletes, especially women are snatched up. They are disciplined, can handle pressure and aren’t cry babies.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Are you sure you want to build this onramp to Adderall and anxiety? Speaking as a dual PE family, I would not onramp my kid into this. You know who makes a lot of money? People who build great companies (owners or high level execs) who exit to PE or public markets every 2-3 years but still have a life.


Can you tell me more about what's so hard about PE and why you are suggesting that PE people do not have a life? Is it the travel or the long days or ?? Because as someone who works in Biglaw, has cancelled or worked through many vacations, missed weddings and other family events, had to work every freaking holiday, including Christmas and New Years, and generally being at the beck and call of clients at all hours, I thought PE had better lifestyle AND better pay and offramps than Biglaw. I guess what I'm asking is: is it really that bad?


I'm not in PE or IB, but I'm an executive at a corporate and work with them often. For IB, it's hard because you're always working. You're constantly pitching (if you're more experienced) or building models, endlessly revising decks, etc. (if you're junior). You're working with the companies you're trying to sell, you're pitching those companies to buyers, you're on the calls between your companies and your buyers, etc. And you travel a lot, do a lot of meetings in person (even if junior), so you're doing all of this spreadsheet and deck work at night. It's just time consuming, not necessarily extremely difficult, but it takes hours. For PE, you're doing much of the same, with slight changes as you're on the buyside. More time with models and less with PPTs, more time working with companies you own/invest in, etc. Which of these you prefer probably depends on personality. If you want to be in sales, being in IB is a good option given the relatively interesting work, high dollar deals and compensation. But hours are intense. To the questions specifically about PE vs. BigLaw, I'm not sure, but I think PE is typically fewer hours than IB as you get older.


The hours for PE are going to be long like BigLaw, but I think there is a major psychological difference in the jobs. At BigLaw, you are always working for someone else (the client), while PE in theory works for their LPs, but essentially they work for themselves. You don't have CALPERs calling you every week yelling at you about your latest transaction vs. clients that may treat you like dirt.

Perhaps some of these major plaintiff law firms are more akin to PE. They essentially fund their own lawsuits against Big Tobacco and then look for massive settlements. Sure, there may be a "client"...but it's really the law firm making a financial investment in the lawsuit.
Anonymous
Anonymous wrote:Do you agree with this Tier listing for IB/PE placement
Tier 1 (Ultra-Targets) (++++)

Harvard • UPenn (Wharton) • Stanford • MIT


Tier 1.5 (Top Targets) (+++)

UPenn (non-Wharton) • Columbia • University of Chicago (UChicago) • Duke • Dartmouth • Yale • Princeton

Tier 2 (High Targets) (++)

Brown • Northwestern • Cornell • NYU (Stern) • UMich(Ross) • Georgetown (McDonough)

Tier 2.5 (Semi-Targets) (+)

UVA (McIntire) • Amherst • UC Berkeley (Haas) • University of Notre Dame (Mendoza) • Emory (Goizueta) • USC (Marshall) • UT Austin (McCombs)

Tier 3 (Semi-Targets)

Johns Hopkins • Northeastern • Vanderbilt • Washington University in St. Louis (Olin) • UCLA

Tier 4 (Semi-Targets)

UNC (Kenan-Flagler) • CMU (Tepper) • Boston College (Carroll) • Rice • Indiana University (Kelley IB Workshop only) • Brigham Young (Goldman Sachs pipeline)

Tier 5 (Lower Semi-Targets)

Williams College • Middlebury College • Claremont McKenna College • Texas A&M University • Penn State • University of Florida (Evercore pipeline) • University of Georgia

Tier 6 (Non-Targets but Recognizable)

Rutgers • Fordham • University of Wisconsin-Madison • Villanova • Southern Methodist University (SMU) • University of Washington (Seattle)

https://www.wallstreetoasis.com/forum/investment-banking/no-bs-data-backed-target-colleges-for-ibpe

Move Northwestern down to 2.5. Move USC and UT down to 3. Move Northeastern down to 5. Move UCLA down to 4, Move UNC up to 3, Move Williams up to 2.5, Move Middlebury up to 2.5, Move CMC up to 3. add Gatech to 6.
Anonymous
Anonymous wrote:I know I'm alone on this board with this sentiment, but yes, BYU is making the list. It is so underrated. Several friends ended up in IB and PE after undergrad, not just at Goldman. Several friends ended up in excellent, big law jobs out of law school (in NY, LA, DC, and Houston) and paid off their minimal student loans within months.



Ugh but you would have to go to BYU.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:From what I can see, it pays to be very athletic, tall, and good looking in these professions. And obviously be male 95/100 times. I’m not sure if they only hire their own or if these attributes actually make you more succesful, but it might be something to keep in mind.


This is so true. They love athletes. I know two college football players and a couple of lax guys, and I don’t ven know that many Wall Street People.


Yea, D1 athletes, especially women are snatched up. They are disciplined, can handle pressure and aren’t cry babies.


D3 Athletes, especially from the NESCAC are very successful based on the data. They also have the academic chops to succeed. I would be interested in knowing how many from Ivies and other targets are athletes.
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