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Alright everyone.... reading these comments on this major Columbia blog surprised me. This is why CU doesn't have good rep on Wall St. as compared to HYP, Wharton, and sometimes even Cornell.

If you have 10-20 minutes to spare (it'll take you that long to read), go here now:

http://bwog.net/2010/05/05/senior-wisdom-michael-m...

BACKGROUND:
Basically their Class of 2010 is graduating and every year they do "Senior Wisdoms"...surveys to interesting seniors of interest. This kid Mike (subject of the survey) said he would be graduating then doing nothing and have no plans other than to make films.

WHAT HAPPENED:
Someone started this whole 100-comment argument by saying that the admins need to pick more accomplished guys to survey, and not this "kid with no ambitions or future". What happened next was MAJOR BASHING of investment banking kids, prelaw kids, pre-med kids, engineering kids, biology kids, and basically anyone who has an ounce of ambition.

WHY AM I POSTING THIS? Could you ever have imagined that an Ivy League school would have SO MANY guys who just want to slack off their whole lives? I had NO IDEA so many of Columbia's students never cared about landing a job after college. After reading that page, I wouldnt be surprised if only 10 guys APPLY to ibanking/law/medicine from the entire Columbia University!

Comments (34)

  • Brady4MVP's picture

    columbia is a great school. They have gotten insanely selective and only lag harvard,princeton,stanford,yale, when it comes to selectivity. Most people who go there turn down the second-tier ivies and some of them even turn down yale and stanford (very few say no to harvard and princeton). Having said that however, columbia is a tier below the other elite schools when it comes to finance recruiting. It does very well in law school and grad placement though.

  • alwayshere86's picture

    As an actual Columbian, this post is far from the truth.

    The career center is fkn packed with aspiring bankers and consultants. How can you use one example to assess the rest of the college?

    Columbia actually has a large role in wall st. Shit, if you look at blackstone, they only recruit from harvard, upenn and columbia. I think that says something in itself.

    Not to mention the current CEOs that are columbia alumnis....MS and Citi just to name two...

  • Sterling Archer's picture

    There are plenty of Columbia grads on the street and plenty of students who want to work in finance, it's just that the typical Columbia student is a fire-breathing socialist who'd rather work in non-profit, government, academia or media.

  • In reply to B-School Bound
    Brady4MVP's picture

    B-School Bound wrote:
    As a liberal arts students, my parents would not allow me to apply to UPenn, their argument was that it was "below me". I did not understand that at the time, but I do now. The Wharton undergrads are a pretty smart group, the UPenn undergrads are the kids who could not get into another Ivy or the Wharton program.

    Plenty of non-wharton upenn kids had other ivy options. Granted, they didn't get into harvard, princeton, yale, but that holds true for the rest of the non-HYP ivies.

  • In reply to Brady4MVP
    IlliniProgrammer's picture

    jjc1122 wrote:
    columbia is a great school. They have gotten insanely selective and only lag harvard,princeton,stanford,yale, when it comes to selectivity. Most people who go there turn down the second-tier ivies and some of them even turn down yale and stanford (very few say no to harvard and princeton). Having said that however, columbia is a tier below the other elite schools when it comes to finance recruiting. It does very well in law school and grad placement though.

    The truth about Columbia is that it's impossible to get in unless you make every effort to look like a brainwashed Columbia zealot. Columbia- and actually, MIT, have this sort of inferiority complex about getting turned down by students and make every effort to ensure that an acceptance will translate into an admission. This also helps prop up their rankings, since most rankings formulas look for acceptance-admission conversion ratios. I am still waiting for a personality cult to form sort of like what you see at a firm whose name rhymes with Quitadel.

    In other words, somebody with a 680 GMAT can probably get in if they show up in NYC every week, mail in poems about how they want to go to Columbia, and go to all of the Football games. Columbia will accept that person and reject someone with a 740 GMAT who got into HBS because the guy who got into HBS won't convert into an admission.

    It's a great school that competes well with any MBA program (including HBS), but comparisons get awkward if the school is subtly trying to play the rankings game. In any case, if you want to work at a BB in NYC, a Columbia MBA is a perfectly good degree- particularly for research or IBD.

    Quote:
    As a liberal arts students, my parents would not allow me to apply to UPenn, their argument was that it was "below me". I did not understand that at the time, but I do now. The Wharton undergrads are a pretty smart group, the UPenn undergrads are the kids who could not get into another Ivy or the Wharton program.

    Your post is a perfectly good example of the foolish elitism that tends to evaporate when the people who survive hit the street. Some of the smartest kids in my analyst class- which included folks from Princeton, Yale, Harvard, etc, were from non-Wharton UPenn.

    Wharton's a strong program, but there are smart people everywhere. Sometimes, people who aren't smart enough to recognize other intelligent people have difficulty understanding this concept.

  • In reply to IlliniProgrammer
    Brady4MVP's picture

    IlliniProgrammer wrote:
    jjc1122 wrote:
    columbia is a great school. They have gotten insanely selective and only lag harvard,princeton,stanford,yale, when it comes to selectivity. Most people who go there turn down the second-tier ivies and some of them even turn down yale and stanford (very few say no to harvard and princeton). Having said that however, columbia is a tier below the other elite schools when it comes to finance recruiting. It does very well in law school and grad placement though.

    The truth about Columbia is that it's impossible to get in unless you make every effort to look like a brainwashed Columbia zealot. Columbia- and actually, MIT, have this sort of inferiority complex about getting turned down by students and make every effort to ensure that an acceptance will translate into an admission. This also helps prop up their rankings, since most rankings formulas look for acceptance-admission conversion ratios. I am still waiting for a personality cult to form sort of like what you see at a firm whose name rhymes with Quitadel.

    In other words, somebody with a 680 GMAT can probably get in if they show up in NYC every week, mail in poems about how they want to go to Columbia, and go to all of the Football games. Columbia will accept that person and reject someone with a 740 GMAT who got into HBS because the guy who got into HBS won't convert into an admission.

    It's a great school that competes well with any MBA program (including HBS), but comparisons get awkward if the school is subtly trying to play the rankings game. In any case, if you want to work at a BB in NYC, a Columbia MBA is a perfectly good degree- particularly for research or IBD.

    Quote:
    As a liberal arts students, my parents would not allow me to apply to UPenn, their argument was that it was "below me". I did not understand that at the time, but I do now. The Wharton undergrads are a pretty smart group, the UPenn undergrads are the kids who could not get into another Ivy or the Wharton program.

    Your post is a perfectly good example of the foolish elitism that tends to evaporate when the people who survive hit the street. Some of the smartest kids in my analyst class- which included folks from Princeton, Yale, Harvard, etc, were from non-Wharton UPenn.

    Wharton's a strong program, but there are smart people everywhere. Sometimes, people who aren't smart enough to recognize other intelligent people have difficulty understanding this concept.

    Yeah, I agree with this. Columbia is obsessed with their yield, and applicants have to show that they REALLY want to go there. This is especially true for the business school. It's a great school though, and I have nothing bad to say about it.

    I had no idea citadel was cultish. But due to the difficulty of getting in, prestige, and high pay, I guess it's understandable why the employees there feel that way.

  • In reply to Brady4MVP
    IlliniProgrammer's picture

    jjc1122 wrote:

    I had no idea quitadel was cultish. But due to the difficulty of getting in, prestige, and high pay, I guess it's understandable why the employees there feel that way.

    Seriously, I've seen a few people who were desperate to get out of there. Their recruiting sessions kept focusing on the CEO and had lots of weird trivia about him. And I spoke with two of my friends after they had worked there for several months and they were... err, different...

    It's an amazing firm, but I'm not sure I'd want to work there. If their employees consider showers and bunk beds an "amenity", the place starts to remind me of the "Join The Saturn Family" spoof commercial that was on Mad TV about about 10 years ago.

  • In reply to IlliniProgrammer
    Brady4MVP's picture

    IlliniProgrammer wrote:
    jjc1122 wrote:

    I had no idea quitadel was cultish. But due to the difficulty of getting in, prestige, and high pay, I guess it's understandable why the employees there feel that way.

    Seriously, I've seen a few people who were desperate to get out of there. Their recruiting sessions kept focusing on the CEO and had lots of weird trivia about him. And I spoke with two of my friends after they had worked there for several months and they were... err, different...

    It's an amazing firm, but I'm not sure I'd want to work there. If their employees consider showers and bunk beds an "amenity", the place starts to remind me of the "Join The Saturn Family" spoof commercial that was on Mad TV about about 10 years ago.

    How did they change by working at citadel? did they become more arrogant? In Chicago, there are very few places that are more prestigious to work at than citadel. Of course you don't care about that sort of thing.

  • In reply to Brady4MVP
    IlliniProgrammer's picture

    jjc1122 wrote:
    How did they change by working at quitadel? did they become more arrogant? In Chicago, there are very few places that are more prestigious to work at than quitadel. Of course you don't care about that sort of thing.

    One thing they did *not* become was more arrogant.

    They did become different- I think the term is "drinking the Kool-Aid". Their eyes would get wide when they would describe the firm and talked about how it was so awesome to work there and how the firm paid for breakfast, lunch, dinner, and numerous midnight snacks. It was also so convenient to only have to commute three or four days a week because you were working overnight on really cool projects. The building has this amazing view, but that doesn't really matter because everyone is always focused on CEO Ben Trippin and every word he is saying. Oh, and the firm had its own 24/7 barrista for serving up coffee, so you can stay up 24/7 if you want!

    *That* kind of different. (OK, I'm exaggerating a little, but I got a very serious Kool-Aide vibe when I spoke to them after a few months.

  • In reply to IlliniProgrammer
    Brady4MVP's picture

    IlliniProgrammer wrote:
    jjc1122 wrote:
    How did they change by working at quitadel? did they become more arrogant? In Chicago, there are very few places that are more prestigious to work at than quitadel. Of course you don't care about that sort of thing.

    One thing they did *not* become was more arrogant.

    They did become different- I think the term is "drinking the Kool-Aid". Their eyes would get wide when they would describe the firm and talked about how it was so awesome to work there and how the firm paid for breakfast, lunch, dinner, and numerous midnight snacks. It was also so convenient to only have to commute three or four days a week because you were working overnight on really cool projects. The building has this amazing view, but that doesn't really matter because everyone is always focused on CEO Ben Trippin and every word he is saying. Oh, and the firm had its own 24/7 barrista for serving up coffee, so you can stay up 24/7 if you want!

    *That* kind of different. (OK, I'm exaggerating a little, but I got a very serious Kool-Aide vibe when I spoke to them after a few months.

    I'm being completely serious when I say that I would love to work there. Aside from the money, it would be an amazing experience.

  • In reply to Brady4MVP
    IlliniProgrammer's picture

    jjc1122 wrote:

    I'm being completely serious when I say that I would love to work there. Aside from the money, it would be an amazing experience.


    Don't get me wrong- it's a great firm. But when I speak to folks there- all of them incredibly smart folks- I sometimes get this vibe that gives me a few reservations. If *they* got brainwashed, how long would *I* last- assuming I could get hired in.

  • In reply to IlliniProgrammer
    Brady4MVP's picture

    IlliniProgrammer wrote:
    jjc1122 wrote:

    I'm being completely serious when I say that I would love to work there. Aside from the money, it would be an amazing experience.


    Don't get me wrong- it's a great firm. But when I speak to folks there- all of them incredibly smart folks- I sometimes get this vibe that gives me a few reservations. If *they* got brainwashed, how long would *I* last- assuming I could get hired in.

    It's so fucking tough to get in there. They hire like 15-20 at most out of undergrad and even at top MBA programs like HBS and wharton, they'll hire no more than 3.

  • In reply to Brady4MVP
    NeverSurrender's picture

    jjc1122 wrote:
    IlliniProgrammer wrote:
    jjc1122 wrote:

    I'm being completely serious when I say that I would love to work there. Aside from the money, it would be an amazing experience.


    Don't get me wrong- it's a great firm. But when I speak to folks there- all of them incredibly smart folks- I sometimes get this vibe that gives me a few reservations. If *they* got brainwashed, how long would *I* last- assuming I could get hired in.

    It's so fucking tough to get in there. They hire like 15-20 at most out of undergrad and even at top MBA programs like HBS and wharton, they'll hire no more than 3.

    IlliniProgrammer will be happy to hear this - Citadel loves University of Illinois graduates.