Business Administration Undergraduate

Wall Street Oasis:

I am undergraduate (end of freshman year) at the University of Michigan-Ann Arbor. Recently, I applied to the Business of Bachelors Administration at the Stephen M. Ross School of Business. I am confident that I would like to pursue Investment Banking in the near future. If I do not get admitted to the Ross School of Business what do you think will be the best trajectory to land a career pathway on Wall Street?

1) Complete Economics Degree at UofM LSA > Apply for an MBA program later
2) Transfer to NYU and complete Economics degree in CAS > Apply for MBA program later
3) Transfer to a B-School and start in said B-School Junior Year.
4) Complete a degree in statistics > Apply for MBA

Some of have said a BBA is useless and would be better off pursuing a more rigorous, quantitative major program. Would you agree or disagree?

Overall, I am at a crossroad as what degree to complete to best land me a solid career pathway.

Thanks!

 

If your choice is between economics and ross, then definitely take ross. If you want to land an investment banking job right out of school, go to ross. Ross will give you a head start in the finance career and you might not even need an mba after that. The alternative path I see best is getting a strong quantitative undergrad degree (maybe statistics but even better, computer science). Since you are at NYU or Umich, you probably won't land a IB job right after but you open the option to more quantitative finance jobs. If you want a more traditional finance job (like IB associate) that's less more quantitative, you can get an MBA at a good school. In short, your best bet to get into wall street is to go to Ross for undergrad.

 

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