Internship Placement Companies

Has anyone ever heard of University of Dreams? It's companies that finds internships for students who pay them. I'm a student at what can be considered not quite a target school (Univ. of Miami) with a mediocre GPA (3.4 rounded). I think that if I continue to improve my grades (bring up my GPA to a 3.5 3.6) and spend a considerable amount of time networking/cold-calling I can get a decent summer analyst position in a couple years (I'm starting my sophomore year now). I recently learned about programs like University Of Dreams, which places student in internships using their "extensive connections" at various firms. The cost for this service, however, totals $7,999. This is pretty expensive and I am no rich kid from the suburbs; but, if, because of their "connections", I can get a better internship than I could by myself, I would be more inlcined to put up the cash for a higher caliber internship. What do you guys think about this? Is UOD worth it in this situation?

One more thing: If you're looking at the resume of an applicant at an IB or BB and their degree is from the Univ. of Miami, what kinds of conclusion would you draw? I know UM isn't necessarily a target school but how is it viewed in the finance community?

Thanks!

 

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