To Transfer Spring of Junior Year? (want no regrets)
Hey everyone,
Do you think it's worth transferring out to another school (Ivy) for Spring semester of my Junior year (currently in state university)?
Cons:
-loss of credits
-different major curriculum may delay graduation
-time to adjust to new school / hastle of transferring
-tuition is about $25,000 more than my current university per year (approximately $37,500 more in tuition costs until graduation //three semesters)
Pros:
-possibly better education
-better atmosphere (I dislike my school, feel majority have no focus in life at all. Are Ivy students the same?)
-probably better connections/networks
first two pros are my main reasons
Could transferring Spring semester of my Junior year also hurt my chances for employment in any way that I cannot foresee?
Thanks guys.
I don't even think you can do this. Generally speaking transferring after sophomore year is your last opportunity, especially for elite schools.
What kind of school are you at now/what's your resume looking like/what are your goals. Basically, ask yourself if you can achieve your goals from your current school. Is the added cost worth it?
I'm a transfer, and while I don't really regret my decision, I'm realizing more and more that while being at an ivy is great, I could have achieved everything I wanted from my semi-target.
I'm currently at a large (east coast) State University majoring in Mathematics and Finance. Undergraduate math program here is top 10 in country, and business school here is not so great (maybe top 60 or so).
My GPA is 3.80 cumulative, 4.0 both major GPAs, have one internship experience (brokerage), with numerous activities.
I am still unsure what I truly want to do yet, however, I am leaning towards IB at the moment. Sure, I know it is still possible to get an IB job at my current school (but I think maybe less than 5 people total got FT offers this past year for front-office positions), however, I am just really disliking my school, and, in addition, business classes here seem like a complete joke waste of time and money.
Would you say it's worth transferring to get a "better" college experience this late into my college career?
Your GPA is legit, but keep in mind that classes can be harder at a target university. Business is always a joke major (cept maybe Wharton?), but math is a lot more dependent on which college you attend. For example, I found math a lot harder at my current university, and my GPA definitely took a hit. (I'm double majoring in Statistics).
Also, if the number of students who broke in are less than 5 people, I'd definitely think about transferring for career reasons as well. So it makes sense in that aspect.
As long as the money makes sense, I'd say go for it.
I did exactly what you're suggesting (although private to state) and it was the best decision of my life. No regrets and good luck.
Where to go? Junior transfer! (Originally Posted: 04/12/2013)
I want to work at a BB in IB after graduation. As of now I go to a non target that is not even ranked. I was able to secure a corporate finance internship at F100 for the summer.
As of now I have been accepted to the following:
UNC - Chapel Hill: Arts & Sciences Econ --> plan to transfer to Kenan Flagler.
Northeastern: D'Amore-McKim School of Business with finance concentration.
What school will provide me better shot at IB?
I am still waiting to hear from Cornell, Northwestern, Vanderbilt, Emory, BU, Lehigh, and Wake Forest.
don't ask again until you hear back from the other schools.
Out of the two, I would definitely take Carolina. I know a lot of people there who are doing BB IB this summer. If you get into Cornell or Northwestern, I'd take either of them over UNC though.
i go to neu, and i would still suggest you go to UNC. Not because neu is bad at all, it would just make your life easier if you went to a target. Assuming you got into all of the schools you applied to, I would go to cornell or vandy
Cornell for sure if you can get in.
Cornell for the pedigree, UNC if you can't manage Cornell.
Transferring junior year for AM (Originally Posted: 04/08/2014)
I'm a sophomore in at a non-target, relatively elite, small liberal arts school. I was thinking of transferring to a larger school that is more recognized. My question is, is it worth it to transfer halfway through my college career? And do you think employers will look down upon it at all?
Also I have an internship this summer at a BB from family connection, not from current school. I want to enter into either AM or S&T
Thanks
I known many people who transferred junior year and did well for themselves. You can always say that it was a financial problem or your school culture was not right for you.
Employers won't look down on your transfer. They'll ask you why you transferred and/or look positively on it if they even care. Unless you transfer "down".
Is it worth it to transfer at this stage? That depends on many things. Is money an important factor? Because most schools don't give good financial aid to transfers. Transfer credits are also another factor. If the school doesn't accept all of your credits, then you might have to stay another year, which costs another year of tuition. I don't think recruiting would be that big of a factor because you already have connections and can always network with alumni regardless of which school you're at. (unless you're at a college that literally doesn't have S&T and AM alumni). Some other smaller things that might be of consideration is the school's culture etc. These are some of the things that I considered last summer when I was deciding whether or not to transfer to a semi-target during my jr year. Good luck with whatever you decide!
Should I transfer? (Rising Junior) (Originally Posted: 08/07/2014)
I'm a pretty frequent poster here and I created this new account to ask this question without those who know me being able to identify my post.
The gist of it is - I'm a rising Junior at a public school with a strong reputation in-state, but a seemingly non-existent reputation outside of it. Y/Y rankings have declined dramatically and I am beginning to grow concerned. I choose this school over much better schools (Ivy) for economic reasons, and have begun regretting my decision. Would applying to more prestigious schools which I am eligible to apply for be something worth looking into?
From my brief research into the matter I've identified Brown and Berkeley as the two best Universities I could apply to, and likely get in. This would add an additional year of undergrad, but my debt load is presently 10k with over 70 credits, so if this is the best route I am not against doing it.
Thoughts?
by strong reputation public school, I would say U of M, UCLA, UVA, UNC stay, otherwise transfer... I don't understand why you would compare Brown and Berkeley. If out of state Berkeley is hard to get in, and Brown simply hard. Yet Brown and Berkeley are not comparable schools. just my thought.
Brown and Berkeley are two of the best schools that I could logistically transfer to based on their acceptance of transfers without a credit maximum at the time of application.
I think it depends on the work experience you already have. If you've had an IB internship then I'm sure you can network hard and get IBD junior summer coming from your school (I'm assuming IB because of your status box).
If you don't mind staying for an extra year though then by all means try to transfer to Brown or Berkeley.
Just a guess, do you go to UConn?
I go to school in NY :).
I have not had an IBD internship, but I have had a PWM internship as well as an accounting internship
Most (if not all) top universities require their graduates to study at their school for at least 2 years before getting a degree. Since you're going into your junior year already, that means you'll have to take an extra year there.
Transferring after junior year (Originally Posted: 09/11/2014)
I'm a junior out-of-state student from New England attending the University of Texas (McCombs). I've hated my time here, from the school to the environment and I would like nothing more than to return to the north, whether that's Chicago or NYC or New England. I was accepted as a sophomore transfer to Northwestern but chose not to attend for whatever reason (bad decision).
Is it worth trying to transfer out again, even as a junior? I really can't stand this school and really would rather not waste any more time here.
If it means you'll have a better experience and have a better chance at job prospects, I would do it in a heat beat. Especially if you're not going backwards and have to retake a lot of classes.
The longer you wait to transfer, the more difficult it is to graduate in 4 years.
Curious to know why you have not liked it in Austin.
How could you not love Austin? Some of the hottest girls in the US (helluva lot better than the greater NE)
Always felt like the city was underdeveloped. Traffic jams everywhere. Don't really care for live music, and got tired of the bar scene after spending 2 years here. Public transportation is unreliable and sparse. Food was solid but nothing to write home about in my opinion. Too much empty space for me.
I just did exactly that. I'll PM you.
id look into applying to some of the transfer friendly schools with top undergrad businesses programs - mich, uva, berk, unc come to mind.
Should I transfer from a non-target to NYU Stern in my junior year? (Originally Posted: 02/19/2015)
I want to get into investment banking and I'm currently in my junior year. Let's just say I've been slacking slightly up to this point. Haven't done an internship yet, I THINK I have one setup for this summer.
I'm attending a very non-target school right now. On the upside if I attend this school I'll graduate debt free.
Now if I transfer to NYU I'll essentially have to take my junior year over again. That means I'll have time to get in 2, maybe 3 internships by the time I graduate. However, I will graduate a year later and end up with around 90k or 150k debt (depending if I dorm there or live with nearby family).
Can anyone weigh the pros and cons and tell me what they would do if they were in my shoes?
It depends. How's the alumni network at your current school?
I'm in the process of going through LinkedIn right now and from what I'm seeing there's quite a few people in PWM and I'm just starting to reach out now. Not seeing a whole lot of people in IB though.
I transferred after my junior year from a non-target liberal arts college to a top 20 semi-target. I looked at Stern but didn't apply because from what I understand it is EXTREMELY difficult to transfer into. Obviously I'm doing an extra year now but based on the recruiting opportunities I've had, I would say it's been worth it. I'm also going to be graduating mostly debt free anyway so that's definitely a distinction from your situation.
Given that you haven't even done an internship yet means that you'll probably be a much less competitive applicant if you do transfer. FWIW it will also be difficult to sell yourself to stern as someone who wants to do IB when you haven't interned in finance. So that's something to think about, although, I don't want to discourage you.
My advice: Apply and if you get in then you can decide whether or not it makes sense. Another option would be a 1 year MSF. If you really are good enough to transfer into Stern then you're probably good enough for UVA or Vandy's programs which place decently well.
Kind of depends. Is it a non-target because it's a shitty school, or is it a non-target because there's little interest in finance from the student body even though everyone is really intelligent?
lmao
Did you get accepted to Stern yet? If you did, then yes, if you're set on IB, Stern would be your best bet. If you're applying next year, I would say apply to Stern, but apply to other schools as well. For example, I think Cornell is fairly transfer friendly and so is Northwestern.
How could this even be a question you're asking if you haven't been accepted yet. I will never understand contingency topics, "should I say yes to HBS/ GS SSG"...
"I'm a senior in high school and I'm wondering what the best bulge bracket would be to get into appaloosa. Like its keeping me up at night."
Pls run a DCF on the cost of acquiring debt at NYU. Tailor assumptions to reflect base and stress cases of getting in/not getting in to an investment bank. That will be your answer.
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