They are:
- The Ohio State University (1,811 alumni)
- University of Phoenix (1,081 alumni)
- University of Mumbai (989 alumni)
- Baruch College, City University of New York (774 alumni)
- Franklin University (745 alumni)
- University of Delaware (660 alumni)
- New York University (619 alumni)
In top schools like Harvard and Berkeley majority of Business and Econ majors go to finance career, but although UCLA is a good school its prestige is not up to the standard to be considered as one of the target schools for the BB firms.
How good is Dartmouth? However, many previous threads on WSO say Dartmouth is a target school at equal level with Yale and Duke. These threads about Dartmouth, however, are from a few years back (before Dartmouth started slipping in the rankings and public view).
Semi-target schools are schools where there are a more limited number of Wall Street firms recruiting consistently, the firms recruit for back and middle office positions, or some combination of the two. Some examples of semi-target schools would include Emory, Notre Dame, and Vanderbilt.
Top universities if you want a career in investment banking
- London School of Economics and Political Science (LSE)
- University College London (UCL)
- University of Cambridge.
- University of Oxford.
- University of Warwick.
- Durham University.
- University of Manchester.
- University of Nottingham.
Regardless of your GPA and standardized test scores, for any student who wants to apply to Harvard, Harvard is a reach school. Harvard's admissions rate is only 6%. Among Harvard students, the average high school GPA is 4.04 and the average SAT score is 2260.
No. There are a lot of people from Goldman-Sachs that come from the Ivy League, but GS also recruits pretty heavily from the big name public schools (including my school University of Texas at Austin). There are also network effects. from Goldman-Sachs (or anywhere else in Wall Street) from Harvard or Princeton.
Three other institutions in the Ivy League placed on the list of the top 10 target schools for major banks, with Harvard University at No. 3, Cornell University at No. 5, and Columbia University at No. 7.
Top 25 Schools That Send Students To I-Banks
| College/University | Total | Goldman Sachs |
|---|
| University of California, Berkeley | 2.0% | 2.5% |
| University of Chicago | 1.9% | 2.5% |
| University of Michigan | 1.9% | 2.7% |
| University of Virginia | 1.9% | 2.0% |
No, most top investment banks do not recruit from Rutgers. Unfortunately many top financial firms seem more open to hiring someone from a target school with an unrelated major and mediocre grades than hiring a top student in a relevant field from a non-target school.
Is Villanova School of Business as an undergraduate considered a semi-target? Yes.
According the WSO Investment Banking Industry Report, we have found the top ten target schools in 2017 to be:
- University of Pennsylvania.
- New York University.
- Harvard University.
- University of Cambridge.
- Cornell University.
- The University of Texas at Austin.
- Columbia University.
- Duke University.
The average Goldman Sachs employee makes $367,564 on an annual basis, according to the firm's most recent financial disclosures. That is actually down slightly from last quarter but up markedly from a year ago, when average compensation per employee was $254,850.
In the case of Goldman, the averages range from $8,630 for an operations analyst to $90,512 for a vice president to $8.25 million for a top trader.
Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. Also found within this tier are two international schools: Cambridge University and Erasmus University of Rotterdam.
Rutgers is not a target/semi-target for banking. The co-ceo of GS is a Rutgers alum.
Drexel University ACT Requirements
To consider Drexel University a “target” school (one that you have a good chance of getting into) you should aim for a score of 92.As I currently understand, Colgate is not a target but it does get OCR from BAML and Barclays.
The top 35 MBA programs for getting a job in investment banking
| Rank | Institution |
|---|
| 1 | University of Pennsylvania: Wharton |
| 2 | New York University: Stern |
| 3 | Columbia Business School |
| 4 | London Business School |