Reply to Kid wants to work on Wall Street

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=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. [/quote]

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.[/quote]
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. [/quote]

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.[/quote]

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