Anonymous
Post 04/21/2025 21:26     Subject: Students interested in IB/PE
Anonymous wrote:For the experienced parents posting here, would an internship like this (below) during the summer after sophomore year help with obtaining an IB internship junior year? Or should an applicant stay away from asset management?

2026 | Americas | Chicago | Asset Management, Client Solutions Group | Summer Analyst


I don’t see why not. Just make sure he gets lots of hands on financial analysis and modeling experience. It would increase his marketability for IB internships the following year.
Anonymous
Post 04/21/2025 21:24     Subject: Students interested in IB/PE
Anonymous wrote:spend some time on admityogi, filter by penn, cornell, nyu and georgetown and filter by major (business).

Look at the kids profiles (ECs and awards) to get a sense for how your kid might compare.

With high stats, NYU should only be an ED2. Agree on Georgetown McDonough for EA (or Notre Dame Mendoza). For Wharton and Dyson, your kid needs a strong business-oriented EC profile. And leadership in school.

Google how to get into Wharton and read a TON if this is in fact where your kid wants to go. I'd spend the next few weeks get smart about it.
https://socratespost.com/interviews/upenn-wharton-admitted-daniel-min/
https://www.collegevine.com/faq/27692/how-to-get-into-wharton-s-undergrad-program


You can apply to both Georgetown and Notre Dame early, but then you have to skip ED. If you ED 1 or ED2 somewhere, Georgetown and Notre Dame have to be RD applications.
Anonymous
Post 04/21/2025 20:36     Subject: Students interested in IB/PE
Anonymous wrote:I work in PE and the associates usually come from Acct, Finance and Econ majors though I doubt Math would ever not be a good minor. Pretty much must have a T20 business program which isnt that hard really - IU Kelley has auto admit with pretty low stats (but very compeitive to get into the IB groups once there). Network, grind, and hope for a bit of luck. The job is really soul sucking so make sure you kid is right for that. Our PE owners work 7 days a week and sometimes 15+ hours a day during sales processes - its always the same after multiple firms, multiple exits. If you love it, great. If you dont, the money will not be worth what you give up.


Very helpful, so T20 ranked school in business aren't many? Stern is not T20
Anonymous
Post 04/21/2025 20:28     Subject: Students interested in IB/PE
I work in PE and the associates usually come from Acct, Finance and Econ majors though I doubt Math would ever not be a good minor. Pretty much must have a T20 business program which isnt that hard really - IU Kelley has auto admit with pretty low stats (but very compeitive to get into the IB groups once there). Network, grind, and hope for a bit of luck. The job is really soul sucking so make sure you kid is right for that. Our PE owners work 7 days a week and sometimes 15+ hours a day during sales processes - its always the same after multiple firms, multiple exits. If you love it, great. If you dont, the money will not be worth what you give up.
Anonymous
Post 04/21/2025 20:22     Subject: Students interested in IB/PE
Anonymous wrote:
Anonymous wrote:Looking for recommendations for urban universities with great pathway to IB and PE firms. DC high stats but no major awards or show stopping ECs.

Also, as strategy, what major should we chose, econ, math or straight up business?



Bocconi in Milan
UCL London


Good options given the states profile. LSE could also be a choice as well as Western (Canada).
Anonymous
Post 04/21/2025 20:08     Subject: Students interested in IB/PE
Anonymous wrote:Looking for recommendations for urban universities with great pathway to IB and PE firms. DC high stats but no major awards or show stopping ECs.

Also, as strategy, what major should we chose, econ, math or straight up business?



Bocconi in Milan
UCL London
Anonymous
Post 04/21/2025 20:02     Subject: Students interested in IB/PE
Try Georgetown and Notre Dame, they both like high stats. NYU should also be a target.

You haven't said much about the ECs, just enough to know that they aren't exceptional. Two years at a non-profit? Doing what, how many hours, etc.

Anything for leadership? Any athletics?

If your child is typical high-stats and typical ECs you'll have a struggle at most of the typical IB/PE feeders so you'll want to look at the alternate paths as well.

The SLAC feeders (Williams, Midd, Amherst, CMC) aren't urban and they are still longshots.

You need to look at the alternate paths.
IU-Kelly and getting into the right clubs
Fordham and networking like crazy
SMU and focusing on Houston
BYU though if you aren't Mormon their network isn't as valuable.

Good luck, it is possible but will take hard work and some breaks.
Anonymous
Post 04/21/2025 20:00     Subject: Students interested in IB/PE
How is Dartmouth for IB/PE?
Anonymous
Post 04/21/2025 19:48     Subject: Students interested in IB/PE
For the experienced parents posting here, would an internship like this (below) during the summer after sophomore year help with obtaining an IB internship junior year? Or should an applicant stay away from asset management?

2026 | Americas | Chicago | Asset Management, Client Solutions Group | Summer Analyst
Anonymous
Post 04/21/2025 19:34     Subject: Students interested in IB/PE
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Honestly if the kid is not T20 material, he's going to have a tough time breaking into IB/PE absent a family connection.


Op here, DC is not connected


My DS has been at a major IB for about 7 years now and I saw the whole process of recruitment, summer internship and the transition to permanent position.

At GS and JP, the acceptance rates for the summer internship or new analyst positions are around .3 to .4%.

It would help greatly if your DC can graduate from top 20.

If not, it would be slightly easier to get selected as a summer intern and then receive permanent analyst offer (about 60-70%) than applying without a summer experience.

The connection situation is real as well since I often hear about new analysts who dont really work too hard and that they apparently cannot be fired either.

Also, I remember the application process for the summer position (usually after 3rd year) started extremely early as in about a year and 4 months from the symmer analyst start date so keep that in mind.


This is very true. For internships, target any and all firms regardless of prestige, size, specialty, or geography. An IB internship is a seal of approval and opens up opportunities for full time roles.
Anonymous
Post 04/21/2025 19:28     Subject: Students interested in IB/PE
If you’re in VA, McIntire/UVA may be an easier path than Wharton, Harvard, or Stern. While it will be much harder to get into IB/PE at UVA because fewer firms recruit there, it’s not impossible. Your son would have to stand out and work extra hard to network. Fortunately, he’ll have several years to build up his credentials and resume.
Anonymous
Post 04/21/2025 19:22     Subject: Students interested in IB/PE
Anonymous wrote:
Anonymous wrote:Honestly if the kid is not T20 material, he's going to have a tough time breaking into IB/PE absent a family connection.


Op here, DC is not connected


My DS has been at a major IB for about 7 years now and I saw the whole process of recruitment, summer internship and the transition to permanent position.

At GS and JP, the acceptance rates for the summer internship or new analyst positions are around .3 to .4%.

It would help greatly if your DC can graduate from top 20.

If not, it would be slightly easier to get selected as a summer intern and then receive permanent analyst offer (about 60-70%) than applying without a summer experience.

The connection situation is real as well since I often hear about new analysts who dont really work too hard and that they apparently cannot be fired either.

Also, I remember the application process for the summer position (usually after 3rd year) started extremely early as in about a year and 4 months from the symmer analyst start date so keep that in mind.
Anonymous
Post 04/21/2025 19:19     Subject: Students interested in IB/PE
I would also add Harvard and Univ of Chicago/Booth to the list. Finance, Economics, and Math majors are typical.

There are also a group of small liberal arts colleges that are feeder to Wall St.
Anonymous
Post 04/21/2025 19:08     Subject: Students interested in IB/PE
Without a strong story or ECs, it might be worth it for you to hire a private college counselor.

I recommend ingenius prep.

https://ingeniusprep.com/case-studies/student-d-gets-accepted-to-nyu-and-umich/
Anonymous
Post 04/21/2025 18:27     Subject: Students interested in IB/PE
If your kid doesn't have business ECs, might be hard.

Try and do something this summer?

https://fte.org/students/economics-for-leaders-program/
https://globalyouth.wharton.upenn.edu/on-campus-programs/
https://summer.georgetown.edu/programs/SHS10/entrepreneurship-academy/
https://www.babson.edu/high-school-programs/
https://haas.berkeley.edu/business-academy/high-school-entrepreneurship/
https://olinundergrad.wustl.edu/pre-collegiate/gateway-to-business/