Do you have to go to a target school even if you don't want to work on Wall Street
I don't want to work in New York, LA or Chicago. I would just like a financial Analyst job in Ohio at JP Morgan Chase bank or maybe even something less than that. I might want to work for a Fortune 500 company
So do you need to go to a Target school? Isn't it unrealistic to believe that every finance job in the world has to be held by people who went to a group of 5 schools
I don't mean to come off snotty, I'm just dissapointed I couldn't get into a Target school lol. Well anyways what do you think?
What do you even mean by a financial analyst? If you want to work at the commercial bank down the street, you don't need to go to a top 5....hell you don't even need a MBA.
I'm glad to hear that. I'm kinda a newbie to this stuff, I'm still in high school but I'm sure I want to go into finance, just not Wall street. I just want a casual upper middle class life not a rich banker.
Depends on how you define upper middle class. I think by most standards you won't be in that group until you're like 50 if you work the jobs you mentioned.
For jobs like that, no. You won't even need an MBA for many of them. For regional boutiques and regional CorpFin jobs your best regional school should be more than sufficient in most cases, although there are exceptions for highly sought after companies(currently household name tech firms).
Hell despite the bias towards M7 present on the WSO board you don't even need to go to a target to get to Wall Street. If you have your own networking support or do your own legwork it's entirely possible to make up the difference; as a quick LinkedIN search of Goldman will demonstrate there's a lot of non-target people. Hell my own organization boasts several placements into EB's....and these are vets who are far removed time-wise from their undergrad degrees from completely non-target schools.
Caveat is that just because it's possible doesn't mean it's recommended. The fact that it's possible to succeed that way doesn't mean you will find it easy to succeed through that route.
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