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Wall Street Oasis » Forums » Business School Barrage
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Need help for great undergraduate Bschools focused on Trading.
 

mrgrape's picture
mrgrape
      ST
 
(Monkey, 33
 
Points)
 on 8/5/10 at 1:08am

Hey everyone.
I have been making lists of schools and find one school I like in particular...Then I read up more on it and have to change my mind.....Basically indecisive..and I need your inputs.

Anyways, a little about me I am a finance major residing in San Diego.
Currently a 3.65 cumulative, Phi Thetta Kappa, at a cc. Taking one more semester at cc to finish business prereqs and should boost GPA.
Working full time while going to school, Insurance Internship, Finance and Investment Society Club, President's List.
I have a huge interest in trading stocks using charts, and just the global world..how it all comes together in markets.

The List I came up after revising it almost 8 times is:

Tulane University- Trading system, Burkenroad reports. Con-Lots of crime

CUNY Baruch - Cheap, super backup plan. Con-considered by many a dumb school...

Northeastern University- Good co-op, good clubs. Con-expensive, not strong finance school.

Bentley University- Great trading system, manage real money. Con-expensive

University of Delaware- Found out about this school through its online videos, and loved the trading room they had...seems like a school I can grow with and cheap. Con-low ranking, not much diversity

University of Washington/Foster - Great campus, great diversity. Con-not that strong of a finance background?

Univ. of Maryland–Smith - Cheap, ranks 22 in finance...

University of Illinois–Urbana Champaign - Great rep!, Cheap

Georgetown University (McDonough) -Still researching on this school but almost similar to NYU. Con-Expensive, Can only apply for fall?

NYU-One of the schools you go to as a finance major. Con-expensive, not too sure about NY life for me.

Villanova- Trading system, great recruits Con-lack of diversity, expensive, pay 18grand for lesson on ethics and religion.....

I know there are a lot better schools for finance such as Wharton, McIntire...but I probably wont get into those Tier 1.
California wise, UC schools in general don't have majors for finance other than the great rep at Berkley, and SDSU currently doesn't accept spring transfers due to state budget(lucky me)... and University of San Diego.. I don't want to spend 18grand to learn about religion and ethics...

To sum it up, I am looking for the best possible school I can get into that has a strong finance program such as a trading platform as well as good recruits. From there, the diversity and also location would be a plus but not as important as the ranking and strength of program.

I would appreciate everyone's input a lot.

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Tags:
  • stocks
  • investments
  • college
  • Business School Barrage
collector's picture

baruch, is a top school for

collector
      PE
 
(Senior Monkey, 74
 
Points)
 on 8/5/10 at 8:08am

baruch, is a top school for financial engineering but hard to get into.

You want to be a trader right? So you better look at mathematical/quant heavy finance programs/financial engineering
If not forget my comment

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freroht's picture

Frankly I can tell that you

freroht
      O
 
(Baboon, 152
 
Points)
 on 8/5/10 at 2:28pm

Frankly I can tell that you are worried about expenses, however, I would still apply to most of these schools and see how much money you are getting from them as Fin. Aid/scholarships.

My first suggestion would to do Maths or Engineering if you can. Nothing beats that.
But if you want to do Business:
1) NYU
2) Baruch
3) Georgetown
4) Tulane
4) University of Illinois

Caveat: if you can get into one of theUC's and can do Maths there, it would tromp anything here
Far behind the rest

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Virginia Tech 4ever's picture

Virginia Tech has a top-40

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 8/5/10 at 9:26pm

Virginia Tech has a top-40 business program and its finance program is its flagship program. SEED is the $5+ million student-run equity investment program and BASIS is the $5+ million student-run bond investment program. If you can get into SEED or BASIS, you can basically guarantee yourself a really good job in the industry when you graduate (and a 2007 finance grad is at HBS right now).

Con: out-of-state tuition, room/board for you
Con: if you don't get into SEED or BASIS, finance recruiting is marginal

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mrgrape's picture

Virgina Tech sounds very

mrgrape
      ST
 
(Monkey, 33
 
Points)
 on 8/6/10 at 12:45am

Virgina Tech sounds very interesting... Havent looked into it all.
I am a finance major....unfortunately my math skills have suffered once I stopped using it.

Is Baruch really that great of a school? I hear both good and bad things about it and can't decipher the truth. I heard there are really great alum, almost no social life, but good program especially if you succed in your class...The cost to go there is also tempting.

Does Baruch or Virginia have a trading system in their classrooms or something similar?
I am currently studying TA on the side and love it.

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schifm08's picture

I trade independently and use

schifm08
     
 
(Senior Monkey, 94
 
Points)
 on 8/6/10 at 2:24am

I trade independently and use some software available in my schools trading room. I go to a small liberal arts college in NC that's growing rather quickly but I wouldn't suggest it quite yet if you're looking for trading. Of the schools you listed, I would suggest Bentley.

I actually came across Bentley about a year ago and saw that their trading program is taught by a former hedge fund trader. Not only could that help for having connections post-graduation, but you would learn things that are used in the "real world" instead of general information taught in undergrad that isn't worth shit the day after you graduate.

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mrgrape's picture

Just checked out Virginia

mrgrape
      ST
 
(Monkey, 33
 
Points)
 on 8/6/10 at 11:54pm

Just checked out Virginia Tech and their SEED program sounds sick, but unfortunately they are not accepting Spring Transfers anymore.....NOOO...man talk about bad timing out of all the years.

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total's picture

send me a message if you want

total
      O
 
(Baboon, 170
 
Points)
 on 8/7/10 at 12:02am

send me a message if you want to know anything about villanova

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mrgrape's picture

I heard Villanova has great

mrgrape
      ST
 
(Monkey, 33
 
Points)
 on 8/7/10 at 12:44am

I heard Villanova has great recruits, and I liked their trading lab but the lack of diversity and having to fork out 18grand to learn about ethics and religion...really isnt my fortay.

I was just checking out TA's of the year awards and the winner was from Concordia University and when i checked out their program, they surprisingly had a trading lab....Interesting..

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Virginia Tech 4ever's picture

Dang, that sucks, man. I'm

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 8/7/10 at 10:07am

Dang, that sucks, man. I'm sorry to hear that. But best of luck to you in this process. Where you go to school will have a lasting impact on you as a person.

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IlliniProgrammer's picture

Just want to make it clear-

IlliniProgrammer
      ST
 
 
(Almost Human, 9,177
 
Points)
 on 8/8/10 at 8:14pm

Just want to make it clear- Illinois has a solid reputation in Chicago and an extremely strong global reputation as an accounting and engineering school, but it is merely a decent flagship state school at an investment bank. It's got an exchange program with IIT (India) and more global name recognition in engineering than Harvard or Yale, but it can't get you the time of day at an NYC investment bank on its own. :D

If you have your heart set on a finance degree, Michigan, Berkeley, Northwestern, Notre Dame, and Wharton offer stronger programs. If you have your heart set on Illinois or UT Austin, consider studying accounting instead.

Work hard, play hard.

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mrgrape's picture

illiniprogrammer....im

mrgrape
      ST
 
(Monkey, 33
 
Points)
 on 8/8/10 at 8:29pm

illiniprogrammer....im wanting to go to UIUC for trading, not investment banking...
Also though accounting is a secure field, its the most boring job i have ever seen(internship)
total image of office space. not my thing.
i love the risk of trading and how everyday is a new day.

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IlliniProgrammer's picture

You're still young. When you

IlliniProgrammer
      ST
 
 
(Almost Human, 9,177
 
Points)
 on 8/8/10 at 8:59pm

You're still young. When you move off-campus after a year or two of school, you'll have the experience of having to pay rent every single month- and needing to have that check clear. All of a sudden, a steady job that pays $70K/year +bonus that's at least more interesting than working as a lifeguard doesn't sound all that bad.

When I was 18, I was sure I wanted to be a programmer. I was going to start my own dot-com and get rich like everyone else in the tech boom. Today, I am happy as a quant- clearing the rent check doesn't depend on how much ad revenue comes in, and I get my risk on MY terms with hang gliding, tech diving, and motorcycle racing.

There's a good chance you're going to change your mind on trading- just choose a degree that gives you plenty of options if you change your mind. At Illinois, Accy majors and Finance/Accy guys have more options than pure Finance majors.

Work hard, play hard.

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Ruby Rhod's picture

how deep do you go tech

Ruby Rhod
      O
 
(Baboon, 110
 
Points)
 on 8/8/10 at 10:27pm

how deep do you go tech diving?

______________________________
Freeze those knees, my chickadees!

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mrgrape's picture

Illinoi, I am already paying

mrgrape
      ST
 
(Monkey, 33
 
Points)
 on 8/9/10 at 12:31am

Illinoi, I am already paying for my rent....but I wont sell my life 4 money....
Unless later in life I have a family and need to take care of others....then maybe I will go to acct.

Also trading stocks is not just a job for me....I love it. I am going to try to be the best TA analyst and team up with a friend who focuses on fundamentals.

But who knows, I might be an accountant one day....

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moranges's picture

schifm08 wrote: I actually

moranges
      CF
 
(Senior Monkey, 95
 
Points)
 on 8/10/10 at 11:06am
schifm08:

I actually came across Bentley about a year ago and saw that their trading program is taught by a former hedge fund trader. Not only could that help for having connections post-graduation, but you would learn things that are used in the "real world" instead of general information taught in undergrad that isn't worth shit the day after you graduate.

I did a summer program at Bentley a few years back, and know Rich Gibble (the trading room director) personally. He wasn't a trader for a HF, he was an analyst for a fund of funds, but that being said, he is still really smart, knowledgeable, and an all-around cool guy. He does have good connections though, I was talking to him about a career in trading and he talked about how he got some of his students into S&T at BB's, all of whom apparently did really well with the training they got from Bentley.

Also, a cool resume builder and knowledge gainer is that as a student (undergraduate and grad), you can work in their trading room and help people with the software while playing around with it yourself. Seems like that's a pretty solid extracurricular to have.

All that being said, I chose Villanova haha.

"Despite a voluminous and often fervent literature on 'income distribution', the cold fact is that most income is not distributed: it is earned."
-Thomas Sowell

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  • There have been several threads covering the value of an MBA in general in the past few months. Looking at input from experienced users on this site, it seems like the degree is most beneficial for people looking to either switch industries (Banking/Consulting), take a break, or re-brand themselves...
    MBA for PE?
  • Hey guys! Im 21, starting my last year of a non-target school in September, majoring in Economics:Finance( GPA not so good.. no really its pretty "f ing" bad, Im serious). By the time I turned 21 I got my series 7 (first shot) and 63. ( worked as a broker for your typical boutique...
    Hello, future wall street legend, (hopefully anyways)
  • Hello Fellow Monkeys, Could you help me with some suggestions of websites specially designed with market data for the pharmaceutical industry? Thanks in...
    Pharmaceutical Industry - News
  • Hey, guys i'm new to wso and i have a few questions that are very very basic to ask. What is consulting? What do consultants do? What do you do on a daily basis?...
    Very basic question about consulting?
  • Can you elaborate on life in corp...
    Banker00, the other corp banking thread went poof.
  • "payday loans are the devil!" as my mom adequately reminded me at 19 when I had to find a way to pay to get my car out of the shop. The solution? Former Google and CapitalOne exec's built this sweet little business using "big data" (everything but FICO) to determine...
    Tech + Finance = Zest?
  • <em>Mode note: Blast from the past - "Best of Eddie" - this one is originally from December 2010.</em> Monty09 may have gotten the best plug yet for his <a href="http://energyrodeo.com/">Energy Rodeo</a> in Houston next month, and it came from none...
    New York vs. Houston
  • Should I even bother with investment banking at the bulge brackets if I know that I need at least 5 hours of sleep every night in order to function properly?...
    If I NEED 5 hours of sleep to function......
  • Hi, I am looking to gain more knowledge about the structuring department and specifically the quant part. So I was wondering if anyone has any tips/start up models on where to start? Kind...
    Structuring modelling
  • http://blogs.hbr.org/fox/2013/05/just-how-useless-is-the-asset-.html Thoughts on this? Professors have been basically telling me to put my money in index funds. I think that one of asset management's roles is to pretty much make the markets more efficient through the...
    Just How Useless is the Asset-Management Industry? - HBR
  • Hi guys, I've been accepted to the schools listed above as a sophomore transfer student. I currently attend a semi-target public school and am looking to break into BB IB and eventually PE in east asia. I will be interning at a boutique ibank this summer and has done BB PWM during the school...
    Penn(CAS) vs Brown vs Northwestern
  • Currently I am a Personal Banker for Bank of America and I run my own online investment website. I also am finishing up my economics degree at San Francisco State. I want to get into wealth management or hedge funds. Any career advice on what I should...
    Career Advice for Personal Banker Looking to Get Into Corporate Finance
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I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he...
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<em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em> Bio: I decided to join WSO to help both students and young professionals advance in their Finance careers, whether that be...
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I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
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You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small...
7 Things I've Learned About Being A Manager
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the...
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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...
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<em>“You know, In The Flesh,”</em> a WSO monkey told me at a recent Happy Hour, <em>“that gentleman’s book is the real deal. I ordered that shit on Amazon as soon as I read your review. It’s so right, man. I want to be like that: keep my word, honor my commitments, be...
Being A Gentleman, Revisited
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> There I go...
In Praise Of High Interest Rates
Hello - In the spirit of my previous <a href="http://www.wallstreetoasis.com/forums/practical-tips-for-entering-1st-year-ibd-analysts">post</a>, I've provided the below information. Note that the tips are geared toward IBD analysts recruiting for the buyside and are...
7 Practical Buyside Recruiting Tips for IBD Analysts
You guys are gonna have to get me caught up because I have literally been living in a cave for the past week. Well, several caves, but I'll get to that in a minute. I just got back from what was possibly the <em>least</em> relaxing (but most interesting) vacation of my life. In...
I Spent the Past Week in a Cave
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