Investment banking is a career that requires more than an undergraduate degree. In order to get into the business, you need a specific GPA, an in-depth understanding and a strong network. Many financial professionals who are considering a career in visit the site finance wonder which colleges will benefit them in their pursuit of the career.
Typically investment banks that are in the bulk bracket hire associate and analyst positions certain universities. These are called “target schools.” If you’re hoping to get an employment at a top-of-the-line investment bank, it’s imperative to go to one of these schools.
The top investment banking schools are those that consistently send an impressive amount of graduates to the largest investment banks and have impressive undergrad placement numbers. Some of these schools offer extracurricular activities and student groups which expose students to the industry. Examples include the Stern Finance Society or Booth’s famous Finance Curriculum.
This year, Cornell tops the list of the top investment banking schools which is followed by MIT and Columbia. All three schools are Ivy League and have a history of sending graduates to Wall Street. The University of Texas at Austin is a different school that was selected. The McCombs School of Business offers a finance track and a finance major.
It will be a lot more difficult to get into an investment bank with top-quality if you do not attend an institution that is a target. The best option for students who aren’t likely to be considered for a target is to start with a regional firm in the middle market and then move up to a bulge bracket.