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The most effective investment banking school is one that produces a significant number of analysts and has a huge alumni network in the finance industry. These are usually referred to by the term «target schools» and large bulge bracket banks reserve analyst positions in their programs for students from these schools.

For specific schools, Ivy league schools like Harvard and Yale are one of the most highly regarded for their capacity to produce investment bankers (although this is a broad generalization). Other top ranked universities include Wharton, Booth and Stern at NYU, Kellogg and Northwestern at Northwestern, Darden at UVA, Fuqua at Duke. Other prestigious schools including Imperial College London and New York City’s Baruch College also make the list.

Alternately, you can take advantage of a course provided by Wall Street Prep which is used to train new hires at many bulge bracket investment banks. This course is excellent and covers the basics in IB. It’s an excellent option for those trying to get into the business or want to improve their chances of success.

The course is also available on Edx If you have the time to it, it’s a worthwhile course. If you do not have the time to commit to such an intensive course, it may be more beneficial to gain some experience working on deals and doing financial modeling, perhaps even via internships.