Top Schools
- The University of Pennsylvania is one of the top schools for Goldman Sachs, Citigroup (C), and Credit Suisse (CS).
- New York University (NYU) is right with the University of Pennsylvania in terms of where investment banks most frequently recruit new employees.
What schools does Goldman Sachs recruit at?
Goldman Sachs prefers Ivy League schools, with Cornell, Harvard, and Columbia ranking third through fifth among employees with bachelor’s degrees. The firm also recruits heavily in the United Kingdom, with the London School of Economics, Oxford University, and Cambridge University being among their favorites.
What is a target school company?
Target schools are schools where the vast majority of top banks conduct on-campus recruiting or specifically allocate spots for that school. Each target school is going to have multiple school alumni across all of the top banks.
Is MIT a target school?
The target schools are generally considered to consist of Ivy League schools, top liberal arts colleges (LACs), MIT, University of Michigan, Stanford, Georgetown, University of California – Berkeley, and the University of Chicago.
Which school produces the most investment bankers?
Top 25 Feeder School For Bulge Bracket Banks
| Goldman Sachs | Total by % | |
|---|---|---|
| 1. Harvard University | 30 | 3.50% |
| 2. New York University NYU | 31 | 3.50% |
| 3. University of Pennsylvania | 28 | 3.30% |
| 4. Columbia University | 16 | 2.70% |
Is it hard to get a job at Goldman?
Bagging a job at Goldman Sachs (GS)’ is a phenomenon rarer than receiving an acceptance letter from Harvard University. During a presentation in Miami Tuesday, the investing giant reported that roughly 3% of its applicants, or 9,700 out of 313,000, secured a position in 2015. That number includes summer internships.
Is Boston University a target school?
employees in the Investment Banking division shared that their best estimate of their target schools include: Boston College, Columbia, Cornell, Duke, Georgetown, Harvard, Michigan, NYU, Notre Dame, Page 10 10 UPenn (Wharton), Princeton, University of Virginia, and Yale.
Is Duke a target school for IB?
Schools in this tier like Stanford, MIT, and Duke are much lower on the investment banking target school list. These “Weaker Target” schools have all placed between 50 and 80 hires into MBB over the past 7 years.
Is UCLA a target school?
UCLA, for a school with a 12% acceptance rate and considered the #1 public school and a top 20 school, is actually a complete non-target for investment banking and other high finance careers generally outside of LA, and a semi target for jobs even within the LA area.
Is Cornell a target school?
Other Top Schools
The Ivy League dominates many other spots for schools that investment banks target, including: Harvard. Yale. Cornell.
Is Cornell a target school for McKinsey?
The next tier of most popular feeder schools make up nearly 14% of McKinsey recruits. They include the University of Pennsylvania, Duke University, Brigham Young University, Rice University, The University of Sydney in Australia, and the University of Chicago, Stanford University and Cornell University.
What is a hard target school?
A “Target” school is a school that has a reasonable probability to admit you if you were to apply. Not too easy (those are “Safety” schools), but not too hard either. A “Reach” school is a school that would be really hard for you to get into.
Is Johns Hopkins a target school for investment banking?
Im a sophomore at Hopkins and everyone says we are a non target school for both consulting and Investment banking. I think we do send quite a bit of people to MBB , however tier 2 firms heavily recruit for federal consulting and try to push students into that.
Does it matter what school you go to for investment banking?
To become an investment banker, it is absolutely essential that you earn a college degree. Usually, it doesn’t matter which college you go to as long as there are plenty of opportunities for you to complete internships and make plenty of connections.
Does Wall Street only hire Ivy League?
Only 5 schools make the grade. Even MIT and Cornell don’t count, according to the research study. The report says elite law firms, investment banks, and consultancy firms are only looking for recruits from the “top 5,” Harvard, Yale, Princeton, Stanford, and Wharton, according to her research.
Does PE pay more than IB?
Analysts at all types of private equity firms earn significantly less than Associates, just as Analysts in IB earn significantly less than Associates. In fact, PE Analysts often earn less than IB Analysts! So, you might initially make less money if you start in private equity.
Does Goldman Sachs pay well?
Average Goldman Sachs Salaries By Department
Our data shows that employees in Corporate Management roles earn the highest wages at Goldman Sachs, with an average yearly salary of $155,401. Employees working in the Retail department earn a relatively high salary as well, averaging $116,687 per year.
What is the starting salary at Goldman Sachs?
The Wall Street firm is increasing base pay for its entry-level employees—first-year analysts—to $110,000, a nearly 30% increase from the previous starting salary of $85,000, according to a person familiar with the matter.
Is it harder to get into Goldman Sachs than Harvard?
“About four percent” of applicants who want to be analysts at Goldman Sachs got the job in 2013. Acceptance rates for Goldman’s analyst job and Harvard, Yale, and Princeton’s undergraduate class of 2018.
Is Northwestern a target school for investment banks?
WallStreetOasis counts the following institutions as target schools: Brown, Columbia, Cornell, Dartmouth, Harvard, Princeton, Penn, Yale, Northwestern, NYU, Georgetown, Duke, Stanford, Michigan, Virginia, UNC, and UC-Berkeley.
Is northeastern a target school?
Northeastern is a top East Coast university with a co-op program, yet it is not a consulting target school (with the exception of EY and PwC Advisory).
