The field of investment banking is one that requires more than just an undergraduate degree. To be able to enter the field you require a specific GPA, an in-depth understanding, and a solid network. Many financial professionals who are considering a career in finance wonder what schools will aid them most in pursuing their career.
Bulge bracket investment banks typically employ analysts and associate positions new dataroomssoftware.net from a specific group of universities. These are referred to as “target schools.” These schools are vital if you want to get an employment at the top investment banks.
The best investment banking schools are those which consistently send a substantial number of grads to the biggest investment banks, and have impressive numbers of undergrads being placed. Some of these schools offer extracurricular activities and student clubs which expose students to the business. 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 grads to Wall Street. The University of Texas at Austin is a third school that was selected. The McCombs School of Business offers financial track and a finance major.
It will be a lot harder to get into a top-tier investment bank even if you are not a student at the school of your choice. The best option for students who are not target candidates is to start with a regional business in the middle market, and then move to the bulge bracket.