Certain schools tend to have more representation in other groups due to alums/higher ups. Yale has a big presence in ECM, Yale/Princeton/Duke in FIG, etc.

Given your offer is group specific, I’d assume people are strategic about rankings.

 

Yeah I know - I’m at GS. I just thought it’s surprising bc the groups themselves also rank preferences so you’d think they’d also index on target schools. In comparison, NR (for ex.) is almost all Ivy League + Stanford grads

 
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God forbid a non-target can do the job better than a top 25 school student!

 

Not 100% sure but pretty sure their process is very networking/diversity/crapshoot heavy. I'm at a H/S/W, interned at MS/EVR/PJT for SA, and am incoming MF PE analyst and I couldn't even get an interview with them for SA or FT (straight to rejection, no hirevue). Crazy.

 

HSW undergrad and MS/EVR/PJT are the most eclectic groupings lol, 3 totally different banks and not a school grouping anyone uses for undergrad. My money is on Wharton and PJT M&A

 

My money is on Stanford and Evercore. People almost always seem to put the real one in the middle of the groupings. 

 

Between Hirevues and Zoom interviews, BB hiring is very diversified by school now. A group like TMT that is highly regarded and doesn't really care about pedigree can pick from their top networkers / group of resumes

FWIW my group (not GS TMT level but still a top BB group) tends to have a preference towards scrappy non-target kids as they had a string of lazier HYP types come through a few years ago. Not representative of the rest of their schools of course, but even MDs are aware of the high effort required to land IB at a non-target and are willing to give those guys a chance

 

Another factor to consider is do some of these kids have engineering backgrounds, tech experience from place like Michigan, Illinois, Cal, etc.

 

Kids from engineering backgrounds are smart too, it’s way more technical than ib modeling 

 

Kids from engineering backgrounds are smart too, it’s way more technical than ib modeling 

Plus they usually get TMT and the why behind a lot of it. 

 

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