- UID
- 240879
- 在线时间
- 小时
- 注册时间
- 2007-5-17
- 最后登录
- 1970-1-1
- 主题
- 帖子
- 性别
- 保密
|
可以看做是在投行中校友网络强度的一个指标参考。
哈佛沃顿哥大毫无疑问排在前列，令人惊讶的是Georgetown的校友网络十分强大。信息来源不明，故仅供参考。
http://www.wallstreetoasis.com/blog/what-banker-careers-really-look-like-the-data?utm_source=newsletter&utm_medium=newsletteraug31&utm_campaign=newsletter
What banker careers REALLY look like: The DATA
All right, folks, got some hard stats here. Read 'em and weep, or rejoice (you know who you are).
Reminder: this is longitudinal career data from a sample set of several hundred bankers in bulge bracket IBD at all levels.
Make sure to see my previous posts in this series: 1. introductory post and 2. schools and promotion rates.
Also, I should say that I got no dog in this fight and couldn't care less where the talent comes from. Just trying to get some hard data out there so that, in the future, people can use it as an objective data point as they consider life choices. And so that working professionals can get back to doing what we truly enjoy doing on WSO: dicking around.
Undergrad
~10% of all individuals in the sample:
Georgetown (Yes, I was surprised too. I scrubbed these numbers personally and stand behind them. I am also not aware of any bias in the sample that would cause this. I think Georgetown might actually place more than anywhere else. Thoughts?)
~8% of the sample:
Penn
~6% of the sample:
NYU
~3-4% of the sample:
Yale, Princeton, Harvard, Columbia, Boston, Illinois, Texas A&M, Texas, Michigan, Canada (all schools)
~2% of the sample:
Dartmouth, Northwestern, Cornell, Notre Dame, Rutgers, Emory, Vanderbilt,
~1% of the sample:
Chicago, Stanford, MIT, UCLA, Wash U, Southern California, Berkeley, Virginia, India (all schools), US military academies
7%: Other US private colleges (i.e., Amherst, Tufts, Hamilton, Brown)
9%: Other US public colleges (shout out to Miami, UNC, Wisconsin-Madison, Ohio State)
3%: Other international colleges
Bonus points: First monkey to point out that this adds up to more than 100% gets a monkey shit for displaying MD-level analytical ability far too early in his career.
Graduate school
% of individuals in the sample with graduate degree: roughly 50%.
96% MBA
1% JD/MBA
1% JD
1% MD
0% all else
~15% of MBAs:
Wharton, Harvard
~10% of MBAs:
Columbia
~5-10% of MBAs:
Kellogg, Ross, Booth
~2-5% of MBAs:
Cornell, Haas, Sloan, UCLA, Darden, Duke, Georgetown, Tuck
~1-2% of MBAs:
Stanford
Surprisingly underrepresented:
Stern, Yale, McCombs
You'll notice I'm not sticking exact percentages on this shit. That's because I know you guys love numbers the way I love numbers, and I don't want us arguing over one percent of difference between one school and another. I also don't want some kid choosing one school over another based on some superfluous difference. (Although wouldn't it be funny if our top talent started swarming Canadian undergrads as a back door onto Wall Street due to this thing?)
Direct promote to associate:
~8% of all analysts in the sample go on to become direct promotes to associate (same firm, not necessarily same role/group)
~15% make it to associate or better without MBA in a different role/firm
Exit opps
At the analyst level, of those who exit:
35% exit to MBA programs
26% PE/VC
12% HF
10% other investment mgmt
5% corp dev, corp finance
5% equity research
All the rest:
Strategy/consulting, sales and trading, startup, tech, etc.
At the associate level, of those who exit:
PE: 25%
Corp dev: 20%
Corp finance: 10%
Investment management: 10%
Strategy/consulting: 5%
All the rest:
Startup, tech, other corporate roles
At the VP level, of those who exit:
30% corp dev
15% corp finance
5% strategy/consulting
All the rest:
Kinda disappear. Chicks especially seem to disappear at higher rates here. (Now I wonder why that might be...)
At the director/MD level, exits are pretty rare, but here's what I got:
Corp dev: 15%
Corporate finance: 20% (usually pretty big titles)
Investment management: 5% (I'm assuming they bring clients over)
All the rest:
Disappear, play poker, buy/sell real estate, run for public office, run a charity, sit on some boards of directors, etc. Pretty posh exit opps here.
FAQ:
Why didn't you mention my school? Your data has to be completely full of shit, because my school is a straight-up escalator to the top of the heap. Chill out, my friend. Maybe your school is too baller for BB IBD. Maybe they recruit straight to the buyside.
What's up with Georgetown? I don't know. Somebody's got connections somewhere.
What's up with Boston? Apparently it's the "Jesuit Ivy". Who knew?
What's up with UT Austin and Texas A&M outrepresenting the Little Ivies? The Texas schools are 10x-20x the size of the Little Ivies. I absolutely buy that the guy who is top 0.1% out of 10,000+ at UT Austin would wipe the floor with the guy who is top 10% out of 400 at Amherst. PSA: Before you choose UT Austin as your onramp to BB IBD, just remember how much ass you're gonna have to kick in order to stand out in a class of ten thousand people.
Where are all the masters in finance? Not in BB IBD.
Where are the black colleges? Sorry. There are essentially no black colleges in this data set. But while I was scrubbing, I personally observed that a whole bunch of the Harvard undergrads are black. So my best advice is: if you are black and headed for IBD, don't count on Morehouse (or no house) to get you there. Suck it up and go to Harvard.
Where's the Little Three? Amherst seems to do okay. The other two are no-shows.
Where's Oxbridge? Somewhere over there. Not here.
Any more pressing questions you guys would like me to answer? What's still a priority at this point?
Love,
Auntie |
|
京公网安备11010202008513号 京ICP证101109号 京ICP备12012021号
发表于 2012-9-1 08:31:48
收藏
收藏
发表于 2012-9-1 08:55:57
