Investment banking is a profession that requires more than an undergraduate degree. You require a certain level of GPA, specialized capabilities, and a robust network to break into the industry. Many financial professionals who are aspiring are interested in knowing which schools will be the most beneficial in pursuing their career.
Bulge bracket investment banks typically employ analysts and associate positions from an elite group of universities. These are referred to as “target schools.” If you want to land an executive position at a top investment bank, it’s vital dataroomssoftware.net/best-investment-banking-schools-list that you attend one of these schools.
The top investment banking school is one that consistently sends a high number of graduates to largest investment banks and has impressive placement rates for students in the undergrad level. 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 renowned Finance Curriculum.
This year, Cornell is the best investment banking school, followed by MIT and Columbia. All three are Ivy League institutions that have an extensive history of sending graduates to Wall Street. The University of Texas at Austin was also on the list. The McCombs School of Business offers financial track and a finance major.
It will be much more difficult to gain access to a top-tier investment bank if you do not attend a target school. The most likely route for students who aren’t targeted is to sign with a middle market regional firm and then gradually lateralize to the bulge bracket.