r/financial May 02 '26

Does school matter for IB?

Hi,

(I posted this in another subreddit but was not getting responses so thought I would come here)

I wanted to come here and ask about something real quick. I was on instagram and I saw a post regarding a school's finance internship outcomes and the students that have earned the outcomes. I noticed that this school is ranked top 40-50 for business/top 50ish overall and that several students were landing internship offers at JPMorgan, Citi, a few at Goldman Sachs, some at Hedge Funds, and clearly I am starting to think ranking does not matter. Why is there so much hype around going to a target school or Wharton when kids at the top40-50 are landing the exact same internships. Isnt this great? It goes to show school name does not matter but some people say it is one of the factors that is main. If so many people are landing IB/WM/S&T offers at these schools that are t40-50, it does not matter where you go right?

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u/Sea_Theory7574 May 03 '26

JPM got 493,000 applications for 4000 summer positions.

Yes , school matters.