Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Texh and Engineering doesn't care about prestige
Maybe.
They definitely care about smart kids.
Tech is dying anyway.
Don't tell that to OpenAI, Anthropic and the hundreds of AI companies raking in the VC money right now.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Texh and Engineering doesn't care about prestige
Maybe.
They definitely care about smart kids.
Tech is dying anyway.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Texh and Engineering doesn't care about prestige
Maybe.
They definitely care about smart kids.
Big Tech will start to care about prestige like Finance does as the tech competition gets tougher. The tech placement lists will look like the finance placement lists in about 10 years.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).
Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.
Yes my Emory DC, got back office as a health major with a 3.1. Only the schools listed could do that. Tufts, Gatech and the rest need higher GPAs and econ/business to do the same.
Yikes. Back office with an Emory degree?
Where?
In southeast?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).
Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.
Yes my Emory DC, got back office as a health major with a 3.1. Only the schools listed could do that. Tufts, Gatech and the rest need higher GPAs and econ/business to do the same.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).
Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.
Yes my Emory DC, got back office as a health major with a 3.1. Only the schools listed could do that. Tufts, Gatech and the rest need higher GPAs and econ/business to do the same.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Texh and Engineering doesn't care about prestige
Maybe.
They definitely care about smart kids.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Texh and Engineering doesn't care about prestige
Maybe.
They definitely care about smart kids.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Do you think Wallstreet hires from Arizona State regularly? Where you go matters and lists like this help in making decisions. There is a post discussing Emory vs Tufts for business. A list like this is helpful in differentiation. Why pay 90k a year for tufts when you have little chance at investment banking, when Emory is a target for those banks? I would hate to send my business-minded student to Vassar when she could have gone to Middlebury or W&L for better results.
Jamie Dimon, the CEO of JP Morgan Chase and one of the most respected names on Wall Street, did his undergraduate studies at Tufts. Do you think he's telling their HR department to ignore applications from Tufts in favor of those from Emory?
No but he's certainly not yelling HR to favor Tufts students. Also an Emory grad is CEO of Raymond James.
Of course not. He's telling HR to favor the most qualified candidates, regardless of the college they attended. Which is the point I am making, and some folks on here incredibly seem to be arguing against.
Jamie Dimon isn't telling them anything. If you think you can get into JP Morgan from Oberlin, for example, or Penn State, good luck! Maybe a couple win the lottery every year, but it is extraordinarily unlikely and you are far more likely if you go to Middlebury, for example.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Texh and Engineering doesn't care about prestige
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).
Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.
+100. People are very disillusioned when they discover otherwise during their sophomore year.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
Northeastern has high SAT score like it or not.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern has high SAT scores. So they are smart
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.
Northeastern is ranked #6 and #9 per capita for Tech placement.
https://www.collegetransitions.com/dataverse/top-feeders-tech
It's also ranked #14 and #12 per capita for Engineering placement.
https://www.collegetransitions.com/dataverse/top-feeders-engineering
![]()
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
So true.
That person does t know how the recruiting process works. Sure 1-2 kids from Gt and Purdue, Penn state etc may make it through to the summer pipeline, but it’s hard to claw your way there.
Very easy to do it at a lower Ivy or even CMC where there’s a strict process and college name opens the door (yes, kid has to prove self at interview).
Kids from most flagships won’t even get an interview. But good news is they can get all sorts of back office jobs.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:My first thought is that Wall Street will hire from any college that has qualified applicants. Useless lists like this just show us where the highest number of smart people who want to work with money are.
My second is that useless lists like this unnecessarily add to the anxiety of teenagers and parents by implying that it matters a whole lot which college you attend if you want certain jobs. It' doesn't.
Wall Street firms don't even recruit at many colleges -- have you heard of target and non-target. I'm sorry, but where you go to college does matter for finance (IB and consulting) jobs.
They recruit where they do because that's where the greatest concentration of smart people with an interest in IB are located. It's efficient. It would be a stupid business decision, though, to refuse to look at applications from qualified applicants who went elsewhere. So yes, you're more likely to see a recruiter on campus at some places vs. others, but it doesn't give you a leg up on people with similar or superior skills from less known colleges.
As I mentioned above, Jamie Dimon (CEO of JP Morgan Chase), went to Tufts. The CEO of Bank of America's investment branch went to Colgate. The CEO of Schwab went to Ohio U. The CEO of Fidelity went to Hobart and William Smith. Vanguard's chief investment officer went to Penn State and is in charge of a team that manages over 7 TRILLION dollars in assets. None of these people are going to let the name on the diploma get in the way of hiring talent.
If they recruited only for smart kids then Tufts, Georgia tech, Northeastern, Pomona etc would have made the list.
Nice job sneaking Northeastern in there.