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What does it take to get a Wall Street job without an Ivy League degree?

I go to Bentley College, a small business school near Boston that has strong finance/accounting programs. I am looking to break into investment banking when I graduate. However, I feel at a huge disadvantage because I do not go to a prestigious university. Each year, big i-banks such as Goldman Sachs, Merrill Lynch, and JP Morgan hire college graduates with only a bachelors degree from the likes of Harvard, Princeton, Yale, and even some non-Ivies like Carnegie Mellon. I am not one of those people. However, I do boast a very good GPA and plan on getting a finance internship this coming summer. With that said, how are my chances of landing a position at one of the big investment banks in NYC? And if they are indeed low, what can I do to obtain that type of position without an MBA? Remember, I am looking to break in with just a B.S. in finance, but without the brand name.

Asked By: KrazyK - 1/15/2007
Best Answer - Chosen by Asker
don't fret. i know the good 'ol boy system is alive & kickin' . special treatment given to ivy league schools, etc., cause of either contacts made in school or diplomas from their respective schools. you'll most-likely have to begin at the bottom but if you are nearly as smart as you say, you won't be there for long... More
Answered By: blackjack432001 - 1/15/2007
Additional Answers (1)
You don't need to be ivy league to get a Wall street job. You just got to find someone on the inside to give you a job. Eighty percent of the people working in the brokerages are let in that way. Just make sure you have at least your series-7... More
Answered By: George S - 1/15/2007
 
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