Undergraduate Business

Ok I know this isn't dealing with MBA programs but I figure everyone on this website probably has an undergrad in business. Currently I'm an upcoming senior in high school and I want to go to a top ranked business school for finance. I want to know, from people in the industry, where did you go to school and where do the people you work with go to school? Are there a lot from Wharton or Ross?

Thanks

 

University of Pennsylvania (Wharton)

MIT (Sloan) New York University (Stern)

Cornell (Dyson - AEM) Georgetown (McDonough)

University of California - Berkeley (Haas) University of Michigan (Ross) University of Virginia (McIntyre)

University of Texas at Austin (McCombs)

Emory (Goizueta)

USC (Marshall)

WashU (Olin)

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

As a finance graduate of a, umm, "middle tier" university business program, let me just add my 2 cents.

1) goodL1fe basically covered most of the obvious schools.

2) If you go to a middle tier university then you almost have to get a finance degree to get into high finance, but if you're going to UVa, Penn, Cornell, Georgetown, etc. (a top tier university) you can major in essentially anything and get into high finance upon graduation. Try majoring in, I don't know, history and join a student investment club or other finance related activities as an enrichment and shoot for internships. There really isn't much you'll learn in a finance program that you won't learn in the first year on the job, studying for the CFA exam, reading a book or the Wall Street Journal, or picking up in an investment club or internship.

I genuinely believe this--an excellent knowledge of finance, history and current affairs gives you essentially the triple threat to go toe to toe with any middle aged or elderly millionaire or billionaire. Finance and history tell us where we've been and how we got here and where we're going, and current affairs tells us where we are.

Just my 2 cents.

Array
 

Yes, agreed. Were I to do it all over again, I would have pursued a liberal arts degree out of high school. Ended up at a great, competitive program with great recruiting and career opportunities, but God did the coursework suck. Zero intellectual development and about 15% of it was relevant to work.

I am permanently behind on PMs, it's not personal.
 

Ya, I visited Notre Dame and they are really nice people but I don't think its competitive enough. I know their ranked #1 by businessweek but I didn't see the presence of recruiters I saw at Ross and McIntire. Maybe they are good, but id rather not take that chance.

So, I'm basically looking at three schools right now: Michigan (Ross), Virginia (McIntire), and North Carolina (Kenan-Flagler) in that order. If anyone could get me in contact with someone who went there or went there themselves that would be great.

Thanks for all the info. I know someone who went to CMU and then worked at Citi and he said that his first year was basically training and that CMU was just something you had to do to get the job.

Also, are there any colleges that offer a 3-2 program that gets u an undergrad in 3 and MBA in 2? I've heard about it but none of the colleges i went to mentioned it.

thanks again

 

I would highly recommend against doing any type of 5 year undergrad + MBA program. You're not going to get any extra salary or seniority for that MBA when you first enter the workforce, and it essentially eliminates you from doing a brand-name MBA later on to switch careers.

Besides, if you go to Mich/UVA/UNC, or ND - and I know plenty of Mendoza BBA grads who have done very well for themselves so I would definitely apply there too - you will basically overlap what those MBA programs teach, so it would be repetitive anyways.

 

I think undergraduate business means that kind of business where less educated business can be established and i have such type of business though i am a degrade person business is for all, no graduates only...

 

Go the school with the best overall reputation. In regards to undergraduate business schools, Wharton, McIntire (UVA), Haas (Berkeley), Ross (UMich), Sloan (MIT), etc. are all great and can get you into consulting/ibanking roles. However, the better the university, the better the shot you have at jumping straight to a VC/PE firm or a HF straight out of undergrad.

 

Cornell obviously has the second best business program among the ivies because it's the only other one that exists besides Wharton. The above choices are all great. It's just a matter of how much you want to study business as an undergrad. The only field that gives business majors an advantage is accounting. The rest depends on overall school prestige.

 

Thank for the replies

McMo: I can see myself being either a trader or a banker. I'm not too sure what kind of research business majors do, so I don't know about that.

Warhawk_1: So would I just major in economics? Or would it not even matter what I majored in (from what I've heard)? Also, as much as I'd love to attend HYPS, I must say that they're pretty high reaches for me. I will be applying to Harvard and Stanford for sure though.

 

If you decide to go to NYU Stern, which has one of the top finance programs, you will be in a good position upon graduating. However, Sternies are pretty much required to intern for their 4 years of UG since they are literally a few blocks away from Wall Street. It's not your typical college per se. Kids there are very competitive and not so well rounded. Most of them don't know anything outside of finance. Job placement is pretty decent however. It's a short term vs. long term decision. Short = job, long = hard to move up if you're only a technician. Just some food for thought.

 

your major doesn't matter as much, as long as it's not something completely out there. Bioengineering majors, math majors, etc. can all get in.

Do your best to get into the most prestigious school, mainly bc it's an insurance policy. Even if you fuck around and do jack shit, you can hide behind the name. And if you do well, your opportunities are at a level which aren't open to other people regularly.

 

Washington is not bad at all, but career-wise, I would rank the other three above Washington. NYU and Georgetown are your best two options, but many people hate the atmosphere and social experience at NYU and Georgetown has a reputation as preppy, rich kid school (plus it's located in the shithole that is Washington DC.) If you don't care about any of those aforementioned things, I would lean towards Georgetown. Michigan is also a very good school with awesome girls and a great college atmosphere, but it is ranked a bit below NYU and Georgetown in terms of opportunities. I would still consider it a target though.

 

I have washU in my backyard. my family goes to Georgetown UG I also have family gone to U-Mich for Masters and I visited U-M too

No info on NYU to directly compare for you--others on WSO say it is cut throat....

You'll find imperfections among all of them---so I suggest you keep in mind of the most important features first

WashU is great; however, if you want to be in St Louis, people see you as flight risk; WashU is certainly too strong for about 1000 miles west of Mississippi,. if you go to Chicago, you're a notch below Uchicago/Northwestern; if you go to the coasts, you sure can, but you'll also be a notch below respective strong schools in the region. Georgetown - great school. UG reputation is pretty great, and a target. However, the obvious downside is that DC is a pretty big area--sharp kids saving money at U-Maryland and people at Johns Hopkins can be as strong as you are. Also DC is politically active, so aside from Wall Street People, you could find competition still.

U-Mich is also a great school. In fact, I'd say it's the best among these schools. Ross is also a nice feature as pre-admit, and I think BBA is the best--save you some time to double major than BSBA, if you want. It's A college town, good networking along the coasts, and it's a comprehensive school (AAU member like WashU and very few others). However, it has its downfall too--it's a big state school, many faculty but even more students. You may end up competiting for professor's time, or you may not even get much professor attention at all.

 

I've got to disagree pretty vehemently with that. Olin is #5 according to the Bloomberg's undergraduate rankings. The school has a strong reputation overall, is top 20 for MBA, beautiful campus, mild weather, etc. You may decided to do one of the other schools for some reason or another, but it shouldn't be because you don't think Wash U is quality. I spent 4 very happy years there. I wasn't a finance guy, so I defer to other people here about how your current goals align with that. But your goals could very change over the next few years. Regardless, check out the employment reports and talk to the school about where Wash U grads end up in finance. Some of my friends went out to the east coast for finance, so it certainly happens each year.

 

Congrats on the admits!

Lots of good advice given to you already, and honestly you can't go wrong with any of them, as they are all solid schools.

In my view, it comes down to what you want out of the college experience (or what you think you want) and your background, preferences, etc.

What you'll notice about 3 of the 4 schools is that they're in a city environment, which others have alluded to here have an impact on your experience. From all the folks I've worked with and know, there tends to be less of an emotional connection to their alma mater if it's located in the middle of a city. I'd dare say that the school cultures are maybe a bit more impersonal than what you'd find in a college town (USC being an exception...). You'll likely find more people wax poetic about their undergrad experience if they went to schools in college towns - Duke, Stanford, Northwestern, and yes Michigan. Even if you don't like sports, schools with strong athletics programs tend to foster a stronger culture and connection to your fellow students and community.

That may not mean much to you, but here's another way to put it: of all the folks I've worked with or met, Stern/NYU and Georgetown alums either liked it, hated it or were relatively "meh" about their school, but few seemed to love it - I don't get the same kind of enthusiasm or love for their school as those who went to Michigan, Stanford, Duke, UVA or other college town-like schools.

Yes, college is a lot about academics, recruiting and so forth. But it's also 4 years where you will really grow as a person, and if you're deciding between colleges that are more or less in the same league that will give you comparable opportunities, you want to go for the school that you feel will allow you to thrive the most. For example, while NYU doesn't get the rah-rah love from its students that say Michigan or other college town schools may get from its own students, it may be a great fit for you if being in NYC is more important (you are a budding standup comic on the side, a visual artist, filmmaker, etc by night when you're not in class at NYU). Or you've been politically active (or want to be) outside of class, then you can't beat Georgetown, where you can volunteer and/or get involved and meet other young politically oriented folks in DC. Don't know enough about WashU or St. Louis to comment. But if you're looking to have the quintessential college experience where you'll meet a broader cross section of people, then Michigan would be your best bet.

Everyone is different, but if I were in your shoes, I'd go to Ross. It's got a great undergrad business program, and you'll have a hell of a great time there with a good cross-section of students that may not be as skewed towards one kind of demographic (and dare I say more down-to-earth and chill than you'd find at the city schools, particularly NYU and Georgetown). Don't know much about Olin, but others have already chimed in already.

Good luck

Alex Chu www.mbaapply.com
 

Alex, do you think WashU is like a school that is "stuck in the middle"? I often feel that they're quite prestigious (US News #14 rank for Undergrad), but then it can't really take down Ivy League, or Chicago/Northwestern/Michigan or UC Berkeley types;

But if I take it and compare with UIUC, Purdue or Michigan State, I thought it's quite better (at least in business and maybe STEM fields)

I'd like to hear your opinion because I'm applying to programs outside of b-school in IU-bloomington and WashU. Thank you!

 

Pick Bocconi or Warwick. Would pick Warwick though.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.
 

Also look at Dartmouth, Williams College, Amherst, Berkely, NYU, Columbia, U Chicago, University of Wisconsin, Yale.. just a few that have strong placement on the street

When luck shuts the door you gotta come in through the window - Doyle Brunson
 

Emory (Goizueta) and USC (Marshall) are transfer friendly. At Emory make sure to apply to college first then apply to Goizueta once at Emory. May also want to look into Notre Dame (Mendoza) and NYU (Stern).

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

Here's your list of schools, organized by status:

Targets (in order, starting with best): UPenn, NYU, UMich, Cornell Semi-target (in order): UNC, Wash U, UC Berkley

Also, next time, use the search bar. There are myriad posts asking the same question as you're asking.

 
Gangster Putin:

Here's your list of schools, organized by status:

Targets (in order, starting with best): UPenn, NYU, UMich, Cornell
Semi-target (in order): UNC, Wash U, UC Berkley

Also, next time, use the search bar. There are myriad posts asking the same question as you're asking.

agree with everything, except Cal Berkeley- second to Stanford and nobody else in Cal... is semi target?! Do you mean financials specifically or all aspects....

 

Both are well regarded schools. You see more McCombs grads in business since it's a much larger school. Austin is a really fun city... the town of Charlottsville has fewer residents than UT has undergrad students.

 

You are going to want to head to McIntire. Definitely higher regarded in business and a lot larger presence on Wall Street. Has been ranked #1 or #2 here for a couple years.

And the city and campus of UVa has no peer set. Absolutely amazing and everyone who has gone there loves it. You wont regret it.

 

No peer set? Umm I think Austin will win most city battles. It's effing annoying to hear people drool all over it but it is pretty sweet.

UVA as a whole is better, TX is better in accounting, MBA's are about equal.

For one-off semester I think Austin would a lot more fun but UVA looks better on the resume from a global perspective.

 

A word of advice, don't pick your study abroad location based on the schools prestige. Nobody cares that you took a few classes there unless its Harvard. Also, as crazy as this sounds, don't take any difficult classes while abroad. A few weeks in, when all your new friends are out exploring and traveling, you don't want to be the guy stuck in the library. You can study hard and pursue academic learning at your home university, use the study abroad opportunity learn about a new culture and connect with new people.

And I guarantee that you will have 1000x more fun in Austin than anywhere in VA.

 

I would pick Texas simply because of the fact that it offers a rather unique place to go if you are coming from overseas.

I agree with above. Your main school is going to be whats important, not the school you spend a semester at.

 

What about Cox at SMU, I know its in your backyard but they give a lot of scholarships to not only texas natives but to high scoring students who are looking to get an undergrad business degree.

I'm concerned about the statement you made "I'll only focus on academics". While I agree 100% you should make sure you keep you grades very high and do very well but college is more than just getting good grades, its about the experiences you have, the people you meet, and the fun you have. Make sure you go somewhere that will stimulate you in the classroom and outside as well. You should get involved in some clubs and organizations outside the academic realm. Good luck

XX
 

^honestly I go there and if I had to pay out of my pocket/take loans in order to pay 60k a year, I wouldn't. It is great for banking/trading/finance jobs though. Its crazy though cause I've met some people that decided to come here with only like 10-15k a year scholarships when they were getting full-rides to CMU or half's to Cornell.

If I was you I would recommend applying to some Ivies, cause I never did and I kind of regret it, even though I would of probably been dinged everywhere but Cornell. McCombs is great instate (cheap tuition + get into bhp + easier to get good grades then other bschools--I've never heard of McCombs Curve or crazy competition), and you could always go to grad school later on.

Feel free to pm me about any questions.

 

One can be socially adept and go to an ivy league school...these are the type of people who compose a significant percentage of the employees at the larger banks, HFs, etc.

And by your moniker it seems that you've already made a decision. None of these seem to be especially better or worse than the other school, so just go to the one that you like the best and work your ass off to get into the finance world.

 

Dude, I'm not gonna cut you up over your Ivy comment. In fact, from what I know (which, from a US college standpoint, isn't all that much), I agree with you.

I would lean towards IU or UWisc. I work in a boutique in Chicago and a lot of our guys came from those schools.

 

Bentley has good programs in finance and accounting but the problem is the school is not hard to get into, so the students don't really engage themselves as much as they would at a tougher academic school. Also, banks want to recruit at schools where students are academically motivated which is not the case at schools that let very average to below-average students in such as Bentley.

Babson is very entrepreneurship focused and most of its resources go to that one major. Finance takes a back seat to entrepreneurship and consequently so does investment banking recruiting.

I would say Indiana University's Kelly Program or Wisconsin Madison are by far your best bet.

 

IU places pretty well, for a school ranked so low on the USNews ranking. I would say its safe to say that Kelley has similar career placement as schools in the top 35. They place about 50 or 60 kinds annually in Ibanking/PWM/Research and trading.

 

Indiana University's Kelly places many more than just 29 students full-time for IB. guyjer, IU is ranked top 10 for undergraduate business on both the U.S. News and Businessweek undergraduate business rankings. Furthermore, Kelly has a special Investment Banking Workshop program where the average gpa is 3.8 for their finance majors. The point of this program is to get students into good positions at solid investment banks such as BBs.

These kids have great talent and the business program is very highly-ranked, thus the impressive Wall Street placement.

I'd say go to Indiana University and I would recommend that you stay away from Bentley and Babson due to their lack of attracting Wall Street caliber students on the average.

 

BB's don't recruit at Miami (OH), but there are several boutiques (non-NYC) that do. Most of the guys that I know who ended up in IB (about 15 or so total in my class) did so on their own or through their own (dad's, probably) conncections.

Agreed with the other posts, IU or UW

 

People on this board only focus on the Ivy League, Stan/MIT/UChicago, and decent large state schools.

This is probably so b/c a) banks do recruit at those places and everyone knows/assumes it and b) those are the schools that regular people & international students know about, so that is who they talk about.

Fortunately, banks, because of strong and motivated alumni networks, know about prestigious small schools as well.

That being said, Lehigh is a great school with a very strong quant focus. It is also an hour and a half from Wall St. and I know that they have placed a lot of people in IB.

From your list: 1) IU Kelley 2) Lehigh 3) Villanova/Wisc. 4) Babson

 

I would never take someone with an online degree seriously...but that's just me.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

That seems to be the prevailing sentiment, but why-- and which avenues are available to working professionals who are looking to gain knowledge and make themselves more competitive in the current landscape?

I'm confident the experience I am gaining will make my resume very appealing to prospective suitors within the private sector. That said, I feel a degree will compliment the experience nicely, and the knowledge I gain will allow me to be even more effective.

 

My 2 cents. Take the online courses and then when you have about 2 years worth of credit transfer to a full-time college/uni. I think this would be the best way to support yourself financially and not shoot yourself educationally. I say two years so that you can have the teach reqs and try for a nice internship while at the second college/uni rather then just 1 year for the resume.

Make sure to ace the online college so you have a shot at a semi-target school.

Good luck.

 

why not take community college night classes for the first two years to start? once you get all your prereqs down you transfer to a good school and do that full-time to really nail it down. most CCs offer night classes for people in your exact position

This to all my hatin' folks seeing me getting guac right now..
 

For banking, an online degree doesn't help too much.

If you must get an online degree, do it from a well-known brand-name school. Some of the public ivies have online programs, and if you can, for instance, get a 3.5 GPA in an engineering program from Berkeley or Georgia Tech or Illinois, that tells us that you took the same exams as some pretty smart folks and still came out ahead of them.

There's nothing wrong with taking a few online courses. I am just a lot more skeptical about how banks see online degrees.

Also, if they have to run commercials for it, or advertise it on the Subway, avoid them like the plague.

 

I appreciate your thoughts.

I have considered evening classes at a JC, my only concern being that required work travel could really throw a monkey wrench into things if (for example) I had to travel on the day of a final, etc.

I think Penn State has an undergrad business program that can be completed solely online. A number of solid schools seem to have online "degree completion programs" which may be an option as well.

At 33 with approximately 9 years in mortgage, banking, and most recently the FDIC, I go back and forth on how much of an impact a degree will have for me. It is a personal goal nonetheless, and something I feel which could be beneficial for me in terms of competitive advantage / disadvantage.

Thanks Millions for the responses guys. Keep them coming if you have something to add.

 

Penn State (Global Campus aka: online) offers an AA in Business Administration. I believe this would give me the required prerequisites to enter a degree completion program, which many "legitimate" business schools offer.

My question is this:

If I obtained my undergrad in this fashion, how would (for the sake of my resume, etc.) anyone know that I obtained it online vs. at a brick and mortar campus?

 

Hopkins gave me a great aid package and they are by far the best ranked school (Top 15).... so I will probably end up there, but I am going to visit Fordham, Hopkins, and probably my state school / CMU to see for sure how I feel about the schools.

 

Easily JHU, it's a top 15 school, so while it might not be a target for the BBs, recruiters will still very much respect it.

 

Don't be an idiot - go to Hopkins. Great aid package, great school, you'll definitely have a shot at banking if you do well.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

unless you get off the Chicago waitlist, go to Hopkins

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 

Go to Hopkins, do well, and apply to Dartmouth, Columbia, Wharton, Stern, Yale, Harvard, Stanford, Duke, and MIT. See how much money they give you. The only ones worth going with zero scholarship on that list are probably HSW and MIT. This is if you are interested in finance in general and would consider going to buyside out of undergrad. I think that's the only advantage. If you are deadset on banking, then Hopkins will be more than fine, granted that you do good in school and network.

 
laudrup10:
Go to Hopkins, do well, and apply to Dartmouth, Columbia, Wharton, Stern, Yale, Harvard, Stanford, Duke, and MIT. See how much money they give you. The only ones worth going with zero scholarship on that list are probably HSW and MIT. This is if you are interested in finance in general and would consider going to buyside out of undergrad. I think that's the only advantage. If you are deadset on banking, then Hopkins will be more than fine, granted that you do good in school and network.

have you ever considered being a career coach, seriously?

 
HBS_or_Bust:
Dude you need to transfer to Wharton

Doesn't everyone.... heh (I'm counting that as an impossibility).

I just want to be at a place that will give me plenty of opportunities going forward and allow me to be happy. What does everyone think of the 5 year MA in international economics through SAIS? Then I could do the dual-degree program they have with Wharton? I really, really would like to work abroad (specifically in Russia) after graduation.

Right now I'm 90% certain I will end up at Hopkins, but I'm still considering Tepper and even Fordham.

Thanks everyone for the replies so far.

 

... go to JHU.

Take a step-back for a moment. Trying to decide which college you should go to based on gunning for ONE SPECIFIC job is really, really short-sighted. Finance, by the time you graduate from college, may be in a state that is completely different than it is today. Use your time in college to build a solid academic foundation, make friends, build yourself as a person. The rest will follow.

Therefore, even if JHU gave you 0 money, I would attend. They have a great campus, and JHU, no matter how ignorant some of those in finance may be, is one of the great Institutions in the world.

 

Hopkins and CMU should be the only real contenders. CMU to me is a niche school for computer science/engineering at the undergrad level and I'm not sure how strong any of the other programs are. Quantitative finance is very good at the grad level. For anything other than engineering, Hopkins seems like the better choice and has the strongest overall academics of any schools you are considering.

 

Take the scholarship from JHU. As some other posters have said, you might change your mind about finance when you get to college. JHU is a great research institution with a pretty good International Relations program too. I have a few friends who go there and love it.

I would say go to CMU if you were a Comp Sci major, just because the program is so good. However, if it's the business school, I think JHU and CMU are comparable, with maybe JHU being slightly more prestigious (although honestly it doesn't matter).

 

don't forget Ross! /shameless plug that won't benefit me at all

If your dreams don't scare you, then they are not big enough. "There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.
 

UNC? Wharton? Haas? Never heard of them.

“...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” - Schopenhauer
 
Pike:
It helps alot...especially thr targets...but at the end of the day, the most important thing is to Network, Network, Network
If I get into one of these schools, where should I work at?
The Four E's of investment "The greatest Enemies of the Equity investor are Expenses and Emotions."- Warren Buffet
 

I'm a junior at Notre Dame's (Mendoza). We're ranking #1 for a reason. All BB banks and many MM recruit through OCR both IB and S&T. A solid number of buy-side firms do too and if you strike out on IB/S&T and buy-side you can easily land a corporate banking or consulting gig through OCR too. Not to mention you actually get a really good financial education. I just got an awesome buy-side internship offer through OCR I'm accepting monday in midtown making ~6k/mo and I don't even have to work weekends. The Ivys top us in prestige but who cares once you land the job.

 
Raptor.45:
I'm a junior at Notre Dame's (Mendoza). We're ranking #1 for a reason. All BB banks and many MM recruit through OCR both IB and S&T. A solid number of buy-side firms do too and if you strike out on IB/S&T and buy-side you can easily land a corporate banking or consulting gig through OCR too. Not to mention you actually get a really good financial education. I just got an awesome buy-side internship offer through OCR I'm accepting monday in midtown making ~6k/mo and I don't even have to work weekends. The Ivys top us in prestige but who cares once you land the job.

Damn bro, you're pretty legit.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 
Raptor.45:
I'm a junior at Notre Dame's (Mendoza). We're ranking #1 for a reason. All BB banks and many MM recruit through OCR both IB and S&T. A solid number of buy-side firms do too and if you strike out on IB/S&T and buy-side you can easily land a corporate banking or consulting gig through OCR too. Not to mention you actually get a really good financial education. I just got an awesome buy-side internship offer through OCR I'm accepting monday in midtown making ~6k/mo and I don't even have to work weekends. The Ivys top us in prestige but who cares once you land the job.

Number 1 in what exactly? The only legitimate bschool rankings are us world news, where Notre dame isn't in top ten.

 
Raptor.45:
I'm a junior at Notre Dame's (Mendoza). We're ranking #1 for a reason. All BB banks and many MM recruit through OCR both IB and S&T. A solid number of buy-side firms do too and if you strike out on IB/S&T and buy-side you can easily land a corporate banking or consulting gig through OCR too. Not to mention you actually get a really good financial education. I just got an awesome buy-side internship offer through OCR I'm accepting monday in midtown making ~6k/mo and I don't even have to work weekends. The Ivys top us in prestige but who cares once you land the job.

Yep...you'll be living large on 6k/mo before taxes in NYC. And don't have to work weekends? Nobody HAS to work weekends. If you want a FT offer you'll definitely be working some weekends.

 

One thing to consider though is that the quality as measured by who recruits through OCR drops off real fast as you go down the businessweek rankings. If a t25 school gives you a free ride and a t10 or ivy gives you nothing take the top 10 all day. Otherwise you'll either have to network your ass off or end up working in the back office.

 

I think there is some misunderstanding here that needs correction. Notre Dame is not a university. It is a cathedral in France - Quasimodo lived and worked there. It doesn't have a bschool and if someone tells you so, that's probably some scam.

 
bmwhype:
community college. become a nurse in new york city and go to work 3 days a week. get paid 70k a year.

So true. As long as you don't screw up and give the wrong medications, it's smooth sailing.

 

Best place to be is definitively Harvard.

Next best places to be are: Yale, Princeton, Stanford, and UPenn (if you get into Wharton).

Next tier would be: all of the other ivys

Next tier: UMichigan (if you get into the business school), NYU (if you get into Stern), Duke, maybe UVA, Berkley, UCLA

Just my opinion.

 

After Y/P/Stanford/Wharton

Next tier is:

UMich (business), NYU (Stern), some ivies (Cornell, Columbia) I can guarantee that you that Michigan places more analysts into BBs than Dartmouth, Brown, Columbia, MIT, even Cornell probably

 
slalomer13:
i can guarantee you that if you're smart, you'll get into a bank faster at a worse school than someone dumb at a good school
disagree...you can be the smartest guy on the planet, but whats the point if you can't even get an interview?
 

When picking a college it is very dumb just to think about what you "may" be doing four years from now. Most likely, that will change. Hell, when I went to undergrad I had no idea what the hell i-banking was (thought it was investing peoples money)

Best we to pick a college is: a place where you feel comfortable with the people you may be interacting with. If you're a big sports fan, like myself, going to school with a fun sports tradition might be important. You have to balance the academics with the social aspects. Harvard, Princeton, Yale, Wharton might all be damn good choices, but there are alternatives out there.

Actually, most banks have gone away from just hiring at the traditional outlets. If you are good, you will get noticed at almost any top 50 school. I have worked at 2 BB banks, and have seen this migration towards hiring from different school. Just looking around my bullpen, I see kids from Penn, UCLA, Michigan, Iowa, Indiana and a host of other schools.

Just my two cents.

 

Dont listen to Fanker, he obviously doesn't know much. Do not choose a school based on sports that you're not even playing. Choose a school based on the amount of recruiters whom visit it. Its extremely harder for kids from nontargets to break into this industry, so dont go there if you dont have to. Here's my list of the tops.

1) Wharton: Absolute pinnacle and top destination for recruiters, Harvard, Yale, Princeton, Stanford also in this category

2)NYU(Both Stern and econ), UMich business, Dartmouth, Duke, Brown, Cornell, Columbia, UChicago (for trading) UVA

3) Emory, Northwestern,UNC

4) Nonrecruited are places like University of Colorado, Iowa, and Minnesota, stay away from there

 

Disagree with Wharton. It's obviously good but it's really competitive between the students and everyone applies for the same jobs. If you go to Harvard Yale or Stanford they don't have undergrad business schools, you'll be competing against kids who studied English and realized they don't want to be poor senior year.

 

William and Mary College Denison University

There are plenty of income partners at corporate law groups that I've worked with as well as managing directors in IB who did not do their undergrad at an ivy... may in fact have then gone to stellar grad programs... however remain fiercely loyal to their lesser known undergrad alma mater.

I've met so many high level folks from the two schools mentioned above and these schools seem to have that "ivy" reputation and super tight alumni culture, particularly on Wall St.

 

1) Ivy Leagues 2) MIT, Northwestern, Indiana, etc. 3) Private College with strong alumni networks

Don't go to schools far from large cities, proximity should be less than an hour. Don't go to a state public school if it is not a feeder even if they cover your whole education to the dime. Don't go to schools that are targeted only for a specific area or local employers only.

Believe me I am speaking from experience, even if it is very nice to be at a fun school, even if they have interesting programs, nice professors, Division I sports whatever, pretty girls(guys) - no, no, and no.

 

In all honesty most undergrad programs in the top 40 of the US News rankings could place grads in banking. Working at a BB I have seen the wide distribution of schools that are represented from the analyst class all the way up to the MD level.

 

You guys don't understand how rediculously good recruiting is at Columbia simply because of location and that pretty much anyone can get a finance job without trying. Also, I would give NYU Stern some cred too. They are second in finance and the location is gold.

 

How about Duke undergrad? I beleive all CFO's on Watt st send their kids to Duke! So, they put extra effort in recruiting here. I have seen personally that the presence of banks is suffocating here at Duke.

 

Nearly everyone who tried to get an I-banking position at Rice this year got an offer. All the energy groups hire for their Houston office, and you compete mainly against University of Texas, and Texas A&M.

 

recruiting is amazing. I was just at an undergrad recruiting event for freshman and sophomores in their business school. JP Morgan, GS, BofA, CS, Morgan Stanley - they were all there.

 
nyc9982:
recruiting is amazing. I was just at an undergrad recruiting event for freshman and sophomores in their business school. JP Morgan, GS, BofA, CS, Morgan Stanley - they were all there.

Thing is, a lot of douchebags here will resopnd, "Why Wharton?? The competition is so bad there!! blah blah"

Bottom line is, Wharton will teach you a lot more relevant and useful shit than Harvard econ, and it is the most heavily recruited from ug on wall st. This is indisputable.

 

bar none.

tremendously strong banking networks. with very high placement rates up and down the street. with certainty, a dedicated networker will get a job on the street regardless of grades (3.0+). less competitve then Wharton.

given that this is for a HS student, you preserve the most optionality to do other stuff, should banking not work out.

 

Wharton, Sloan, Ross, Haas, Stern are simply the best for business. The rest can't touch them. There is no way that any of those other schools would attract better students who KNOW they want to enter the corporate world straight out of undergrad.

 

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