futurestrategist
Ross's biggest strengths seem to be in consulting, investment banking, and marketing. How does Ross fare within the S&T and investment management functions within Investment Banking? It's hard to find statistics in these two functional areas. Any extra insight would be awesome here.
From what I have seen (I've been here 3 years), Ross' key strengths are Consulting, Marketing, General Management and to a lesser extent, banking. While the first three have been strong points at Ross for more than a few years now, banking recruiting has slowly been improving over the past couple of years, especially in the middle-market and boutique space. Another overlooked area where Ross is particularly strong is Corporate Finance positions (my
guess is that because these positions get lumped in with "General Management"). A fair number of Ross graduates go into these positions at firms such as JPM, Barclay's AMEX, Amazon, MSFT, etc.
Now, S&T and Investment Management is not one of Ross' area of strengths. Ross has fantastic facilities and resources for people to learn the skills, including our own student run hedge fund (which I served on for a year) and a full-fledged trading desk. However, it appears that most banks that recruit for S&T prefer recruiting the BBAs. One of my good friends (and classmate) was a trader at a BB before he came to Ross. And from what he tells me, the banks prefer the young guys because the MBAs who join trading desks do pretty much what the undergrads do. So desks like to promote people who have developed the skills and experience rather than hire an MBA who has yet to "get his boots dirty", so to speak. Even a traditional finance powerhouse such as Wharton sends just 10 - 15 people into Sales and Trading every year. One outlier is Booth - they are consistently strong in their sales and trading recruiting. All said and done, recruiting for Sales and Trading from Ross will largely be a self-directed effort. I personally know two people who made it there from Ross, but it's not an easy hill to climb.
Nov 20
25 Mar 2011, 12:26
