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IB placement stats

Does anyone know if there are stats showing placement rates into investment banking from different unis?
Original post by keep improving
Does anyone know if there are stats showing placement rates into investment banking from different unis?

I I think it would be very difficult to track.

Do you care about those who make it into an “investment bank” or those who dealing with “investment banking functions specifically”, where would non-IB front office people sit statistically as well as middle and back office placements. Then some people group in other financial service boutiques which do some of what a BB IB does but not all, and do you track just BB or MM & boutique as well…

So this is challenging. If you look on linkedin and search by company and job title you’ll get some perspective. But for traditional front office roles such as M&A summer & grad analyst jobs there is very clear target schools which have significantly higher proportion of jobs, then a number of schools sometimes termed semi-targets which place less proportionally but still above average then everyone else.

There are places which produce rankings (many websites) your best bet is probably linkedin for data where you can actually understand how it was constructed. But it’s fairly common sense.
Targets: Oxbridge/LSE/LBS/UCL/Imp/Warwick etc.
Semi: Bristol/KCL/Durham/Edinburgh/Notts/Exeter a few others (depending where you draw the line)
I I think it would be very difficult to track.
Do you care about those who make it into an “investment bank” or those who dealing with “investment banking functions specifically”, where would non-IB front office people sit statistically as well as middle and back office placements. Then some people group in other financial service boutiques which do some of what a BB IB does but not all, and do you track just BB or MM & boutique as well…
So this is challenging. If you look on linkedin and search by company and job title you’ll get some perspective. But for traditional front office roles such as M&A summer & grad analyst jobs there is very clear target schools which have significantly higher proportion of jobs, then a number of schools sometimes termed semi-targets which place less proportionally but still above average then everyone else.
There are places which produce rankings (many websites) your best bet is probably linkedin for data where you can actually understand how it was constructed. But it’s fairly common sense.
Targets: Oxbridge/LSE/LBS/UCL/Imp/Warwick etc.
Semi: Bristol/KCL/Durham/Edinburgh/Notts/Exeter a few others (depending where you draw the line)

apart from the semi targets and targets, would going to the other RG unis still leave you with a good chance of breaking in?
Original post by keep improving
apart from the semi targets and targets, would going to the other RG unis still leave you with a good chance of breaking in?

It depends what you want to do.

Type of firm, role you are interested in, how hard you’re willing to grind, sacrifices you are prepared for all affect the livelihood of landing a full time role.

If you want to do M&A at JPM then the battle & competition are probably far more daunting then if you want to do a non-analytical compliance role at Nomura…
(edited 1 month ago)
Original post by keep improving
apart from the semi targets and targets, would going to the other RG unis still leave you with a good chance of breaking in?
Think it's worth putting things into perspective, the realistic chances of an individual getting a FO grad role at a BB IB aren't high, even from some of the top unis. And starting from a fairly low percentage, the general odds of getting in decrease as you move down the targets, semi targets, and below. Therefore, there aren't really any unis where I'd say you have a good chance of a FO IB offer, let alone there being a good chance from a below semi-target RG uni.

This isn't to discourage you or anything, but it's worth just considering that the odds are low from whichever uni, but the odds get progressively tougher the less good the uni is.
(edited 1 month ago)
Original post by BenRyan99
Think it's worth putting things into perspective, the realistic chances of an individual getting a FO grad role at a BB IB aren't high, even from some of the top unis. And starting from a fairly low percentage, the general odds of getting in decrease as you move down the targets, semi targets, and below. Therefore, there aren't really any unis where I'd say you have a good chance of a FO IB offer, let alone there being a good chance from a below semi-target RG uni.
This isn't to discourage you or anything, but it's worth just considering that the odds are low from whichever uni, but the odds get progressively tougher the less good the uni is.

does it matter what degree you study? E.g. economics vs A&F vs something else like history or languages?
Original post by keep improving
does it matter what degree you study? E.g. economics vs A&F vs something else like history or languages?


No, but for front office roles you will be expected to understand financial & accounting basics, and they will expect you to be able to answer questions related to macroeconomics & factors related to the role you’re applying.

i did not pursue a career in IB but certainly considered it, some interview questions asked why investors may choose to invest in some very specific types of instruments & securities (in this scenario it then led to a conversation about risk & volatility & returns). I got asked about my personal portfolio (and why I chose specific securities & my philosophy), i often got given “case studies” where i had to make a recommendation where i had 30 minutes to read through a report & come back give recommendations then they would go through a q&a.

And of course you will be asked about why this industry/job, your passion, knowledge & ability to tell a coherent story of your journey will come up. So degree is not important but demonstrating that you are knowledgeable & passionate is important.
Original post by keep improving
does it matter what degree you study? E.g. economics vs A&F vs something else like history or languages?
Depends on the role at the bank. Most roles are degree agnostic, but some have preferences.
Original post by BenRyan99
Depends on the role at the bank. Most roles are degree agnostic, but some have preferences.

which roles typically have preferences and what are they?
No, but for front office roles you will be expected to understand financial & accounting basics, and they will expect you to be able to answer questions related to macroeconomics & factors related to the role you’re applying.
i did not pursue a career in IB but certainly considered it, some interview questions asked why investors may choose to invest in some very specific types of instruments & securities (in this scenario it then led to a conversation about risk & volatility & returns). I got asked about my personal portfolio (and why I chose specific securities & my philosophy), i often got given “case studies” where i had to make a recommendation where i had 30 minutes to read through a report & come back give recommendations then they would go through a q&a.
And of course you will be asked about why this industry/job, your passion, knowledge & ability to tell a coherent story of your journey will come up. So degree is not important but demonstrating that you are knowledgeable & passionate is important.
If I went to a uni which was not deemed as a target or semi-target, I understand my chances diminish greatly. However, what should I focus on during my 3 years to maximize my chances?
Original post by keep improving
If I went to a uni which was not deemed as a target or semi-target, I understand my chances diminish greatly. However, what should I focus on during my 3 years to maximize my chances?

Everything you would expect really:

build a strong cv, start getting stuff on the cv before you get to uni

Get on the bandwagon day 1, first year: find a mentor, focus and try and get a spring week

Attend networking events, sign up to finance society and other societies

Take on leadership positions amongst your peers

Perform well academically, perhaps win academic prizes

Be proactive, be ready, say yes. There are always opportunities to make yourself a better applicant wether it’s academic, extracurricular, hobbies, work experience.

Some BBs have literally uploaded tools on github, loads of companies have resources open access. Use it…

When you are in an application, relentless preparation for every stage, when you get a rejection (they’ll likely be many) get feedback & make yourself better

(edited 4 weeks ago)

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