Investment banking requires more than a bachelor’s degree. To get into the field it is necessary to have a particular GPA, specialized expertise, and a solid network. Many financial professionals who are aspiring are interested in which schools will be the most beneficial in the pursuit of their dream job.
Typically investment banks that are in the bulk bracket hire for analyst and associate positions in a limited number of universities. These are called “target schools.” These schools are crucial for anyone who wants to land a job in the top investment bank.
The best investment banking institution is one that consistently sends a large number of graduates to the most prestigious investment banks, and has impressive placement statistics for undergrads. Some of these schools offer extracurricular activities or student groups that allow students to be exposed to the business, such as the Stern Finance Society and Booth’s famous finance program.
This year, Cornell tops the list of the top investment banking schools and is followed by MIT and Columbia. All three are Ivy League institutions that have a long history of browse around this web-site sending graduates to Wall Street. The University of Texas at Austin is another school that made the cut. Its McCombs School of Business has a finance major and offers an Investment Banking track.
It will be more difficult to gain access to an investment bank with top-quality in the event that you don’t attend an institution that is a target. The best option for students who aren’t targeted is to begin with a regional company in the middle market, and then move up to the bulge bracket.