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I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this... Finance Culture - Personalities |
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After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here!
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When I first started as a PE analyst, I constantly struggled with judging the amount of time I should spend on reviewing sourced deals. How much time is enough to really get a handle on the company’s revenue streams? How granular do I need my analysis to be on industry threats? With this... Misguided Efforts: A Cautionary Tale |
Fellow Primates,
We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a... WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond) |
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Before we begin, it has been... Stand Out as a Non-Target: Recruiting (Part 1 of 4) |
Any Asset Management people here who could give me some insights on it, such as the nature of the work, the pay, the hours, the potential for career advancement, ect? I was looking into IB before but I've decided that I would rather pursue a career that's more intellectually... Asset Management a better choice than Investment Banking? |
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Your user name isn't
Your user name isn't "boothorbustunlessIgetintoCBS" is it??
Go with your gut!!
onemanwolfpack: Your user
Your user name isn't "boothorbustunlessIgetintoCBS" is it??
Go with your gut!!
Haha, I know, I know. But the wait between getting into CBS and Booth had me second guessing and starting to fill in reasons why CBS is as good/better at certain things. Just trying to make sure I weigh all the appropriate factors before deciding.
Boothorbust: onemanwolfpack
Your user name isn't "boothorbustunlessIgetintoCBS" is it??
Go with your gut!!
Haha, I know, I know. But the wait between getting into CBS and Booth had me second guessing and starting to fill in reasons why CBS is as good/better at certain things. Just trying to make sure I weigh all the appropriate factors before deciding.
Good call. I was pretty dead-set on Booth, also got waitlisted, but ended up going in a different direction after some consideration.
Congrats! Can't go wrong with
Congrats! Can't go wrong with either school. The only distinct advantage of CBS would be the location, so it will be easier to network and do interviews. Either way, they are both awesome for IBD.
If you want to live and work
If you want to live and work in Chicago, pick Booth.
If you want to live and work in New York, pick Columbia. It's going to be a hard choice though. Personally, my family is from the city, and since I'm close to them, I'd pick Columbia for anything besides HBS or Wharton. (I would find it hard to go to Stanford.)
Columbia has a number of
Columbia has a number of regional advantages for NYC; whether that gives you an absolute advantage over Chicago for banking in Manhattan is a bit more debatable. Chicago has a reputation for taking a more quantitative approach to problems and doing things differently than the Northeastern schools.
Chicago is a bit of an outlyer in the M7 in terms of culture. It is more conservative but in a nonconformist kinda way. It produces graduates who are sometimes a little geeky and who usually do not take themselves very seriously. And despite these handicaps, then they seem to stumble into roles as CEOs, portfolio managers, and nobel prize winners, often trying to play it off as some Mr. Magoo-like event that happened by accident. This drives coastal folks crazy, and this culture attracts a different set and culture of MBA students.
Columbia on the other hand is a much more classical M7 school that will give you a much more classical northeastern pedigree. It produces a lot of CEOs and successful bankers. But there is this sense that seems to pervade the school that it stands in the shadow of Harvard and Wharton, and that can give some folks a chip on their shoulder.
My personal choice would be Booth over Columbia, probably over the rest of the M7 too, but that's the kind of person I am. I drive a rusty Honda. I laugh when I watch Rodney Dangerfield driving over a golf course while some angry Bostonian shouts curses at him. I read more greek myths about hubris than arete. I believe in a world where the first will be last and the last will be first. I don't worry too much about graduating incomes because I know most of it is geographical PPP more than anything else. I enjoy the fact that I think differently than everyone else, and I wear my odd quirks with dignity and pride, along with a wry grin.
For someone like me, Chicago is the obvious choice; it's the only school in the M7 with a culture that fits. For a typical New Yorker, it's a bit more complicated, and for many Northeasterners, CBS is the obvious choice.
Visit both campuses and trust your gut. Think about who you are, what your values are, and whether you want any of that to be different in two years. And be happy. Getting off Booth's waitlist and having to choose between it and Columbia is a high-quality problem.
Work hard, play hard.
IlliniProgrammer: I drive a
I drive a rusty Honda. I laugh when I watch Rodney Dangerfield driving over a golf course while some angry Bostonian shouts curses at him. I read more greek myths about hubris than arete. I believe in a world where the first will be last and the last will be first. I don't worry too much about graduating incomes because I know most of it is geographical PPP more than anything else. I enjoy the fact that I think differently than everyone else, and I wear my odd quirks with dignity and pride, along with a wry grin.
i like this
Very well put IP, thanks for
Very well put IP, thanks for the insight and perspective. +SB for you
I would definitely go for
I would definitely go for Booth unless you had to be in New York.
I might just be meeting the wrong kids, but I have been seriously underwhelmed by the students at/from CBS. They have been less bright than people from the other M7s (is Columbia even considered M7 anymore?) and have worse social skills/EQ than any group of relatively accomplished people I have ever met. I have been seriously impressed by Booth people, and would very likely have chosen Booth over Wharton if I didn't need to be on the east coast for family reasons.
jonnytrep: I would definitely
I would definitely go for Booth unless you had to be in New York.
I might just be meeting the wrong kids, but I have been seriously underwhelmed by the students at/from CBS. They have been less bright than people from the other M7s (is Columbia even considered M7 anymore?) and have worse social skills/EQ than any group of relatively accomplished people I have ever met. I have been seriously impressed by Booth people, and would very likely have chosen Booth over Wharton if I didn't need to be on the east coast for family reasons.
Really? I have not been less impressed by columbia than booth/kellogg/sloan. I think each school has its strengths and unique culture, but honestly i just don't see a big difference in terms of caliber of students. After HBS/Stanford and Wharton to a slightly lesser extent, the rest of the M7 is pretty comparable.
for ibanking, you cannot
for ibanking, you cannot really go wrong either way. One thing that might help is that you need to less off campus recruiting here at Booth (I am a student), relative to the networking when living in New York - could be good or bad - if you have a finance background, it is probably extraneous networking. if you are a career switcher, it might make more sense to network and try to add a personal touch to the interviewing process.
Also - recruiting for NY from Booth is pretty easy, not sure if the coverse is true though (lots of the Chicago offices basically come to Booth first, then Kellogg for finance related positions)
let me know if you have other questions.
also to add . i dont' know
also to add . i dont' know why this happened, but one of my mentors (he was from CBS) counseled me to take Booth when I was talking to him about the schools I applied to.
Not sure why - he is doing pretty well in banking coming out of CBS
Brady4MVP: jonnytrep: I
I would definitely go for Booth unless you had to be in New York.
I might just be meeting the wrong kids, but I have been seriously underwhelmed by the students at/from CBS. They have been less bright than people from the other M7s (is Columbia even considered M7 anymore?) and have worse social skills/EQ than any group of relatively accomplished people I have ever met. I have been seriously impressed by Booth people, and would very likely have chosen Booth over Wharton if I didn't need to be on the east coast for family reasons.
Really? I have not been less impressed by columbia than booth/kellogg/sloan. I think each school has its strengths and unique culture, but honestly i just don't see a big difference in terms of caliber of students. After HBS/Stanford and Wharton to a slightly lesser extent, the rest of the M7 is pretty comparable.
Maybe it's an irrational reaction (and certainly based on too small a sample size).
when I was applying, something I appreciated at Wharton (despite the commonly held opinion that its students are prone to douchiness) was that the students seemed confident enough in their own intelligence and abilities and in those of their classmates that they could more easily be collaborative and not engage in silly pissing contests over everything. I got much of the same sense from Booth. The Columbia students I have met have seemed less confident and thus more prone to a kind of petty sharkiness. Even those students at CBS who I think very highly of have remarked on this shortcoming in their community.
No doubt much of this could be off-base, and perhaps, even if its all true, Columbia's relative advantages in New York finance may outweigh the negatives.
Booth hands down if you want
Booth hands down if you want to do IBD.
Yes, Columbia is in NYC, but that also means significantly more networking since you are right there.
Booth and Wharton are the two best finance schools in the world. If you want to do banking, this should be an easy decision. Go to the better school which also happens to kill it in IBD.
CBS for IBD, Chicago for IM
CBS for IBD, Chicago for IM
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
jonnytrep: Brady4MVP: jon
http://poetsandquants.com/201
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
Based on your criteria,
Brady4MVP: Congrats! Can't go
shorttheworld: http://poetsan
Brady4MVP: I really liked the
Work hard, play hard.
What? No. Chicago is 1160 and
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
shorttheworld: What? No.
the j termers arent going for
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
ill agree there are other
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
shorttheworld: the j termers
im not defensive of CBS im
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
shorttheworld: im not
sure but for the most part if
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
There are things about
man, the difference between
I was lucky enough to be
There's no need to slice and
I am wise because I know that I know nothing -Socrates
Aren't they pretty much equal
Agree with some of the other
Thanks for everyone's
Boothorbust: Thanks for
If I had asked people what they wanted, they would have said faster horses - Henry Ford
Great choice. Congrats
Couldn't go wrong with either
Work hard, play hard.
jonnytrep: I would definitely
Booth IMO. Better variety of