Anonymous
Post 10/30/2021 20:47     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What happened to HYPSM?

Right lol. But I think Stanford and MIT students focus mainly on tech.


More of a knock against Yale and Princeton. We all know that Stanford and MIT dominate tech, so we have an impression that HYP would be the top Wall Street feeders. But that doesn't seem to be the case.


I mean, it is still the case. Just because Yale and Princeton send fewer kids to finance than LOLChicago according to whatever metric this list used doesn't mean that they don't do well in terms of placement.

Does anyone in their right mind think that Columbia places better than Harvard?
Anonymous
Post 10/30/2021 15:51     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:CMC and Washington are Lee is a bit surprising. Does DC even know what W&L is?


Shouldn't be. Both Henry Kravis and George Roberts (founders of KKR) went there.
Anonymous
Post 10/28/2021 20:17     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:As if a Wall Street job was something worth aspiring to.


Well genius, it obviously is if so many bright young minds from top colleges seek employment at i-banks. Now you can go back to gnawing on your government cheese and wait for your next handout.


Bright young minds? How about immature, dimwitted, connected lax bros?


Dude. Totally.
Anonymous
Post 10/28/2021 20:12     Subject: Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:What does O.R.M. mean?


over represented minority
Anonymous
Post 10/28/2021 20:09     Subject: Wallstreet Feeder Schools (Per Capita)
What does O.R.M. mean?
Anonymous
Post 10/28/2021 19:05     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This has little to do with the college and everything to do with the background of the kids. The overwhelming majority of the undergrads heading into banking have family already in banking; from dads to older brothers to uncles or grandpa. I'd estimate 75% are already connected, 20% are cute elbowy gals with at least a 3.5 GPA, and 5% are URMs with at least a 3.3 GPA.

I bet this list would barely change if you sorted for New England and Tri-State private prep school alums per capita.


Most ORMs at Feeders that go into IB or S&T don’t have banking parents.




There's much more to Wall Street/finance than IB or S&T.

The other poster is correct. So many kids going into Wall Street in some capacity have families who have a history of working on Wall Street or in financial roles. It's not restricted to the Ivies but it's also why you see plenty of kids from LACs heading to New York to work in finance/banking/consulting. Because their fathers worked in finance.

It's not a bad career track because it delivers plenty of rewards. Even if you end up leaving NYC or never going to NYC and working in finance in other cities. It's a great way to get into the six figure income track pretty early on and have a comfortable life. And that's why the fathers (and now mothers) increasingly direct their kids onto similar tracks.


I have no idea what ORM means but I have two children currently at top colleges and the overwhelming majority of their friends going into investment banking are from finance families. As I said, that can mean a parent, an older sibling, cousins, prep school network, uncles, grandpa. These are overwhelmingly NOT random middle class kids from random flyover suburban towns stumbling into banking or being groomed for banking by the college.


Indian and East Asian kids at Wharton don’t have banking parents for the most part. They usually have stem parents.

It is rare to find an Indian or East Asian analyst/associate with high finance buyside/bulge bracket parents.

That might change in 10 years though. But I’m telling you what it has been like for the last two decades.




Anonymous
Post 10/28/2021 19:00     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This has little to do with the college and everything to do with the background of the kids. The overwhelming majority of the undergrads heading into banking have family already in banking; from dads to older brothers to uncles or grandpa. I'd estimate 75% are already connected, 20% are cute elbowy gals with at least a 3.5 GPA, and 5% are URMs with at least a 3.3 GPA.

I bet this list would barely change if you sorted for New England and Tri-State private prep school alums per capita.


Most ORMs at Feeders that go into IB or S&T don’t have banking parents.




There's much more to Wall Street/finance than IB or S&T.

The other poster is correct. So many kids going into Wall Street in some capacity have families who have a history of working on Wall Street or in financial roles. It's not restricted to the Ivies but it's also why you see plenty of kids from LACs heading to New York to work in finance/banking/consulting. Because their fathers worked in finance.

It's not a bad career track because it delivers plenty of rewards. Even if you end up leaving NYC or never going to NYC and working in finance in other cities. It's a great way to get into the six figure income track pretty early on and have a comfortable life. And that's why the fathers (and now mothers) increasingly direct their kids onto similar tracks.


I have no idea what ORM means but I have two children currently at top colleges and the overwhelming majority of their friends going into investment banking are from finance families. As I said, that can mean a parent, an older sibling, cousins, prep school network, uncles, grandpa. These are overwhelmingly NOT random middle class kids from random flyover suburban towns stumbling into banking or being groomed for banking by the college.


ORM = Indian and East Asian

Anonymous
Post 10/28/2021 18:44     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:Where's Rice?


Crap! The Rice poster is back. Wonder if this is the same dude that keeps pushing Rice and Cornell as the best-of-the-best and underrated. No one cares.
Anonymous
Post 10/28/2021 15:09     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Where's Rice?
Anonymous
Post 10/28/2021 15:04     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Sad that there's no HBCU's on the list.


Why?


Because HBCU
students are just as ambitious, greedy, conniving, and sneaky as Ivy plus students.
They’ll do just as well on Wall Street.

But are they as smart?


Smart?

They (ivy plus, hbcu) are all young, dumb, and strong.
Anonymous
Post 10/28/2021 15:03     Subject: Re:Wallstreet Feeder Schools (Per Capita)
HBCU boosters hate being reminded that their schools are not elite. Public school students are just the same.
Anonymous
Post 10/28/2021 15:01     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Sad that there's no HBCU's on the list.


Why?


Because HBCU students are just as ambitious, greedy, conniving, and sneaky as Ivy plus students.
They’ll do just as well on Wall Street.

But are they as smart?
Anonymous
Post 10/28/2021 14:59     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:
Anonymous wrote:Sad that there's no HBCU's on the list.


Why?


Because HBCU students are just as ambitious, greedy, conniving, and sneaky as Ivy plus students.
They’ll do just as well on Wall Street.
Anonymous
Post 10/28/2021 14:41     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:Sad that there's no HBCU's on the list.


Why?
Anonymous
Post 10/28/2021 14:38     Subject: Re:Wallstreet Feeder Schools (Per Capita)
Anonymous wrote:Sad that there's no HBCU's on the list.


^ Thread winner.