cutting loses vs. staying the course
So, as I've explained in the past. I'm pretty much a fuck-up.
At 23, I still have 4 more semesters (not including the current one) with Baruch for a bachelor's, or 6 more for a master's toward the CPA.
Recently, I was considering dropping the CPA track, and going to a business school straight out of the bachelor's. BUT, I didn't realize that the business schools worth going to require work experience prior to this -- or a really good story, which I don't have.
And I don't see myself getting work in IB with a bachelor's in accounting (I could change it to finance, but Baruch isn't exactly reputable in that department - at least, accounting has AACSB.)
So, I was thinking, would it be possible, and more importantly, would it be worth it, to raise my gpa significantly (currently 3.5) within the next few semesters, AND THEN transfer to a school like NYU's Stern?
If I do so, they will only except 2 years worth of credits. So, I will still have 2 additional years to go. But, at least it will be in finance, and it will be from a target.
It will take me 3 years to do this - the same as with the CPA.
What do you think?
It's just that I am already 23, and I cannot waste anymore time.
sorry about the spelling mistake.
There are a handful of people on the street that went to Baruch...have you not tried reaching out to alums? Also, their career website isn't that bad.
How exactly are you planning to pay for your extra two years at Stern?
Was considering student loans.
As far as alums go - I'm not exactly the alpha-type they would be ecstatic about representing.
I figure, a degree from Stern or the likes will help prospects look past the fact that I was a fuck-up.
I mean, it's not a cumulative 3.5 - that's just Baruch (I transferred in with approximately 2.8)
But yeah, OCR goes is really good for accounting, and half-decent for IB (JPM is recruiting there.)
why dont you just stay at baruch, get a big4 job in TAS/FAS or something similar and then go to bschool later on? i think thats the most sensible route.
Do you mean with the CPA, or without it?
If I get a job at a big4, then I'm basically doing slave work for two years - without learning the important things you get from being an analyst.
Sure, I can get in as an associate at that point, but then I'm forced to be doing slave work for at least another two years (granted, at least I'll be learning something then.) Meanwhile, I could have already exercised my exit visa as an analyst after two years, and moved on to PE, hedge, or PWM or something - where the hours are a little more reasonable (keep in mind that I'm 23 already. without a master's I will be over 25, with a master's and CPA - over 26. Plus 2 years at big4 = 28 plus 2 years at mba = 30 I'm thinking I'd like to have a family by that time.)
What do you think?
I don't think transferring to stern would be that easy. There is no guarantee you get in, even with a 3.5 from Baruch. I would just stay on track at Baruch, and then graduate. Network, intern, etc. You'll be okay.
Oh, it's definitely not going to be easy.
Thing is, I will still be on exactly the same track. And I intend to bring up my gpa anyway.
So, really, it just comes down to: do I apply to Stern after a year on the same route I'm already on? And if I get accepted, should I do it?
At this point, my only concerns are doing really well on the GMAT, and getting an internship in IB (not accounting.)
But, I don't see myself getting that internship at least for another year (when my grades are better - and I've been at Baruch long enough to have them forget about Nassau.)
While you're much better off going to Stern than staying at Baruch, don't assume that Stern will be your golden ticket into IB. With a checkered background such as your own combined with the fact that Stern "isn't Harvard," you may find that you will put in a ton of effort to transfer to Stern only to end up with the same job you would have gotten out of Baruch. My vote would be to finish your degree at Baruch, get a normal job, go to b-school, then evaluate what you want to do with your life.
I agree with CompBanker. Also, think about the opportunity cost of an extra two years in school (at NYU no less) that will (probably) get you the same job.
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