Comments on: Investment Banking Target Schools: Lists by Region and What to Do If You’re Not at One https://mergersandinquisitions.com/investment-banking-target-schools/ Discover How to Get Into Investment Banking Tue, 22 Aug 2023 10:52:03 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/investment-banking-target-schools/#comment-817390 Tue, 22 Aug 2023 10:52:03 +0000 https://mergersandinquisitions.com/?p=34305#comment-817390 In reply to BBEB.

I would say Notre Dame / Mendoza is the better choice here, even though Cornell slightly outranks Notre Dame in the university rankings. The biggest issue is that CALS at Cornell is quite different from the other majors/programs there, and you will be at a disadvantage coming from that program. It’s still Cornell, so you can get into IB, but your chances are probably better coming from Notre Dame in this case.

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By: BBEB https://mergersandinquisitions.com/investment-banking-target-schools/#comment-817313 Fri, 18 Aug 2023 03:09:49 +0000 https://mergersandinquisitions.com/?p=34305#comment-817313 Hi Brian, I am applying to University this school year and am looking to get in early into one of my top choices. I am currently stuck between Notre Dame Mendoza REA and Cornell CALS ED. Which would you say is the better choice? Also does being at CALS hurt my chances at IB significantly?

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-target-schools/#comment-808555 Sun, 06 Aug 2023 19:08:57 +0000 https://mergersandinquisitions.com/?p=34305#comment-808555 In reply to Andrew.

Good question. I would say it’s better to stay in the NYU general pool and get as high a GPA as possible rather than going out of your way to transfer to Stern and possibly get a lower GPA in the process. Stern will improve your chances of getting into IB, but plenty of students from NYU outside Stern still get into the industry. And if your GPA suffers, that will offset some of the added advantage of Stern.

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By: Andrew https://mergersandinquisitions.com/investment-banking-target-schools/#comment-808497 Thu, 03 Aug 2023 20:53:37 +0000 https://mergersandinquisitions.com/?p=34305#comment-808497 About to be a freshman this fall at NYU Gallatin school of individualized study (a school where you get to design your own major). Is it worthwhile to take calculus, microecon, stats, and financial accounting to transfer into NYU Stern (yes I have to take those classes to transfer into stern). Or is it better to load up on easier classes to boost my gpa and stick to the school I am in right now?

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-target-schools/#comment-808445 Mon, 31 Jul 2023 22:56:06 +0000 https://mergersandinquisitions.com/?p=34305#comment-808445 In reply to Dale.

I don’t know the exact percentage, sorry, but I don’t think you need to be in the top 10% to win IB job offers. Maybe the top 10% place at the best banks, but if you’re willing to go smaller, plenty of students win boutique and middle-market offers as well (and even in areas somewhat outside of IB).

I think you can probably get an internship if you get into a good enough MSF.

Bocconi and Warwick are fairly close, so you should probably decide based on other factors like the activities, surrounding area, class size, etc., since you could get into IB roles from either one. Some people will argue that Warwick is “better” since it’s in the U.K., so it may have a slight edge.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-target-schools/#comment-808442 Mon, 31 Jul 2023 22:46:56 +0000 https://mergersandinquisitions.com/?p=34305#comment-808442 In reply to BBEB.

I don’t really have a view on that because I don’t know the numbers for Goizueta, specifically, but I think it’s quite a stretch to say it’s a target school. I’m not sure any banker would recommend it over the Ivy League schools and equivalent for IB recruiting. It may be one of the better semi-targets, but, again, I hesitate to say without having the numbers (and this article is fairly recent, so we’re not going to do an update anytime soon).

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By: Dale https://mergersandinquisitions.com/investment-banking-target-schools/#comment-808427 Mon, 31 Jul 2023 02:15:46 +0000 https://mergersandinquisitions.com/?p=34305#comment-808427 Hi Brian! Great article, as always. I just want to ask a couple of things about target schools in Europe and my career options. I am from a non-eu country and possibly will have the chance to start a MSF in Europe next year after finishing my Econ Bsc here. I also considered US but the tuition fees combined with living costs seem much higher and there are less options for scholarships & funding. Therefore, decided on Europe.
I wasn’t able to land any IB related internships in my home country. I worked as a corporate banking intern in a bank and as a treasury intern in a f500 company. Beside English and my native language, I have intermediate proficiency in German.

My main goal is to land an investment banking (preferably m&a) job in London. My standarts are not so high (it’s ok if it is not BB :) because anything in London will probably compensate better than the jobs in here. The thing I fear the most, however, is the case in which I find no jobs in UK/London despite completing my masters in Europe. This will probably end up with returning to my home country with 1-2 years missed chance of experience and money spent.

So my question is what percentage of the students from the listed target schools do actually get into IB in London? Are we talking about the top 10% or half of the class when we consider them as target schools in Europe? Is it possible for someone with a similar background to mine to get an internship in IB?

And which school would you recommend for IB roles in London: Bocconi or Warwick?

Please feel free to give additional advice that might be useful for me.

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By: BBEB https://mergersandinquisitions.com/investment-banking-target-schools/#comment-808236 Wed, 26 Jul 2023 13:18:19 +0000 https://mergersandinquisitions.com/?p=34305#comment-808236 Hi Brian, I have noticed in recent years they have recruited atleast a few students in to every top EB, all the MMs and even recently into JPM/MS. Additonally they have a consistent pipeline into BOA, Citi, and Barclays. I was wondering as a semi-target would you say Goizueta is near the top of that tier or even close to being a target school?

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-target-schools/#comment-804670 Wed, 14 Jun 2023 19:41:51 +0000 https://mergersandinquisitions.com/?p=34305#comment-804670 In reply to John.

Yes, Cornell should be on the MBA list (added). It was in the “few others in the top ~20” part of the statement above.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-target-schools/#comment-804665 Wed, 14 Jun 2023 19:28:52 +0000 https://mergersandinquisitions.com/?p=34305#comment-804665 In reply to Robin.

Assuming that you have to pay full price because you’re international, you should focus on target schools because you’ll have a higher chance of winning IB (and consulting, etc.) roles from them. The main reason to attend a semi-target instead is if they give you a scholarship or otherwise charge much less, or you can’t get into a target school. But if you can get in and you’re not saving any money, attend the best school you can get into.

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