Sage-Tips

What major is investment banking?

Most investment banks prefer degrees in finance, accounting, business administration, and other business disciplines. Undergraduate degree subjects are less influential in the hiring process if a candidate has a master’s degree in business administration, finance, or another highly relevant subject.

Is UCL a target school for investment banking?

To an extent this is true, but banks also have an elite group of ‘target’ universities to which they’ll actively sell a career within investment banking. At undergraduate level in the UK (in no particular order) these are Oxford, Cambridge, London School of Economics (LSE), UCL, Imperial College London and Warwick.

Is 40 too old to become an investment banker?

In the FAQ I gave 30 as the upper limit for Analyst-level hires and 40 as the limit for Associate-level hires.

What is a target school in investment banking?

The reason they are called a target school is that the banks actively “target” their students by holding information sessions on campus and traveling to the school to conduct first-round interviewsInvestment Banking Interview Questions & AnswersInvestment banking interview questions and answers.

What is the best school for investment banking?

Frankly, there are a couple of schools that consistently dominate investment banking. They have multiple analysts at every single firm. The data says it and it was definitely my belief from working in investment banking in New York. Wharton is without a doubt the best finance school in the world.

Why are there so few investment banking alumni at Harvard?

Harvard is obviously amazing but class sizes are smaller, which leads to fewer alumni. Many students at Harvard also opt not to pursue investment banking nowadays, so the numbers are not as high as they could be. Wharton, Michigan, and Harvard are the only schools that have representation at 100\% of the top firms.

Which University is better for investment banking Harvard or Wharton?

Many buy-side firms will hire directly from Wharton. Harvard is obviously amazing but class sizes are smaller, which leads to fewer alumni. Many students at Harvard also opt not to pursue investment banking nowadays, so the numbers are not as high as they could be.