Investment banking requires more than a bachelor’s. To be able to enter the field you require a specific GPA, specialized knowledge, and a solid network. Many aspiring financial professionals are wondering what schools will aid them the most in pursuing their career.
Bulge bracket investment banks typically recruit for their analyst and associate positions from a small group of universities. These are known as “target schools.” These schools are essential in order to be able to get a job in a top investment bank.
The top investment banking institutions are those which consistently send a substantial amount of graduates to the biggest investment banks and have impressive numbers of undergrads being placed. Some of these schools offer extracurricular activities or student groups that allow students to be exposed to the business like the Stern Finance Society and Booth’s famous finance course.
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 many years of sending grads to Wall Street. The University of Texas at Austin is another school that made the cut. The McCombs School of Business offers the option of a finance track as well as a finance major.
It will be much more difficult to be accepted into a top-tier investment bank in the event that you don’t attend a target school. The most realistic path for students who aren’t target students is to sign with an established middle market company in the region and then dataroomssoftware.net/best-investment-banking-schools-list gradually move to a bulge bracket.