The field of investment banking is one that requires more than an undergraduate degree. You need a certain type of GPA, specialized abilities, and a solid network to enter the industry. Many financial professionals who are considering a career in finance wonder which schools will help them the most in their pursuit of the career they want to pursue.
Bulge bracket investment banks generally recruit for their analyst and associate positions from an elite group of universities. These are known as “target schools.” If you want to land an executive position at a top investment bank, it’s vital that you attend one of these schools.
The top investment banking school is one that consistently sends a large number of its graduates to the biggest investment banks and has impressive placement numbers for students in the undergrad level. Some of these schools offer extracurricular activities and student groups that give students exposure to the business. Examples include the Stern Finance Society or Booth’s famous Finance site link about more confidence with the best virtual data rooms Curriculum.
This year, Cornell is the best investment banking school followed by MIT and Columbia. All three schools are Ivy League and have a tradition of sending graduates to Wall Street. The University of Texas at Austin is another school that was selected. The McCombs School of Business offers the option of a finance track as well as a finance major.
While you can still be accepted into a top investment bank even when you don’t attend the school of your choice, it will be significantly more difficult. The best option for students who aren’t likely to be considered for a target is to start by working for a regional company in the middle market and then move up to a bulge bracket.