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
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
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.
Anonymous wrote: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.
Nobody who achieves great success has "a life". The people that built those great companies worked their asses off as well.
The happiest folks in PE have a personal net worth number at which point they are happy...and then they quit. Many times you can hit a $20MM+ net worth number by your mid-to-late 30s if you are at a Blackstone/KKR/ et al, which for many people that's enough.
I find this extremely hard to believe and wonder how many people you actually know. People who are truly ambitious and successful rarely quit. Because it's not about the money. It's about the game. I know many people who are very high network (20 M+) who are working into their 70s and upwards. Business owners, real estate investors and hedge fund managers. My husband is a hedge fund manager, for him and everyone he works with, (they are 50+ years) it stopped being about the money a long time ago. I don't know anyone in VC, but the stories are everywhere. Someone sells their tech company and goes on to create one or two more. And yes, I agree with the poster who is a dual PE, there was a very significant impact on our family life.
Umm.
$20M is not a high NetWorth in this sector or industry.
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
Anonymous wrote:Why would the interest of Stanford kids matter? If anything it's an asset since there's less on-campus competitionAnonymous wrote:Stanford is too high just because kids aren’t as interested in PE/banking vs VC and tech/startups.
Other schools are probably correct if you want to go to NYC, but tiers are different if you want to work in banking/PE for Atlanta-based companies or Dallas or Houston-based, etc.
Anonymous wrote:Anonymous wrote:Where is USNA? Navy grads everywhere in this space.
They may go to MBA after Navy and get channeled in via the MBA program.
Anonymous wrote:Anonymous wrote:I promise I know what I’m talking about here:
Stanford down a notch
Yale and Princeton up to 1
Williams up to 1.5
Middlebury up to 2.5
The rest is close enough to true, I wouldn’t knock it.
Williams at 3, maybe 2.5. No way 1.5
Anonymous wrote:Where is USNA? Navy grads everywhere in this space.
Anonymous wrote:Anonymous wrote: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.
Nobody who achieves great success has "a life". The people that built those great companies worked their asses off as well.
The happiest folks in PE have a personal net worth number at which point they are happy...and then they quit. Many times you can hit a $20MM+ net worth number by your mid-to-late 30s if you are at a Blackstone/KKR/ et al, which for many people that's enough.
I find this extremely hard to believe and wonder how many people you actually know. People who are truly ambitious and successful rarely quit. Because it's not about the money. It's about the game. I know many people who are very high network (20 M+) who are working into their 70s and upwards. Business owners, real estate investors and hedge fund managers. My husband is a hedge fund manager, for him and everyone he works with, (they are 50+ years) it stopped being about the money a long time ago. I don't know anyone in VC, but the stories are everywhere. Someone sells their tech company and goes on to create one or two more. And yes, I agree with the poster who is a dual PE, there was a very significant impact on our family life.
Umm.
$20M is not a high NetWorth in this sector or industry.
UHNW is defined as $30MM+. Your average P/E professional isn't worth anything close to your average hedge fund professional. The average Blackstone partner earns $2.8MM per year plus about $850k in distributed profits.