Transfer to Georgetown?

Hey guys,

Im currently a rising junior who just got accepted to MSB at Georgetown. I am currently at another catholic school (think villanova, Fordham, Holy Cross) and wanted insight to see if I should make the move.

  1. Really want to stay in NY. Thats would be the ideal situation. how does Georgetown place in NYC firms?

  2. Doing really well at my old college. Good GPA, having a good time there, etc. I really don't know how well I will do at Georgetown in regards to grades. Will this switch make that much of a difference?

Thank you for any insight

 

i'd transfer. you get an upgrade in brand name of school. i had a buddy who went to Georgetown '03, said a lot of his classmates ended up M/M and boutique shops with a smattering in BB, but that's presumably better (?) than where you are right now. you're also showing potential employers that you want to challenge yourself and are ambitious. classes are what they are i don't think it'll be too tough for you to make the transition. don't think there's a tremendous amount of difference in quality of undergrad education from school to school.

DC is also a good time for college students. it's not NYC but not bad.

 

Peepers makes a good point, but also consider going from being a big fish in a small pond to a small fish in a big pond. When you transfer your UGPA is erased and you start with a clean slate. If you have trouble adjusting or get some dick head profs you could get fucked - or you could rock a 4.0 and land a sick job after graduation.

The brand name would help you a lot if you decide to go to grad school (any kind of school, consider the possibility that you may switch careers later on). You still have your friends in NY, you can always crash on their sofa for the weekend if you need to interview or network in nyc. DC --> NYC is a quick commute for weekend trips.

 

Definitely strongly consider the transfer. Transfers seem to integrate themselves into the campus community pretty well, especially since there was very limited Greek life. As long as you get involved in clubs and student groups quickly, you will get integrated into the social life quite seamlessly.

I just graduated from Georgetown this past May and now am working at a top MM IBD in a regional office in a very strong industry group. However, I do have many friends who are in NYC at BBs (not too many GS/MS/JPM, although there are some, but there are quite a few DB, CS, BAML, Citi). I also know people who have graduated there and are now at Allen & Co., Blackstone, HSBC, Perella Weinberg, Lazard, Rothschild, Houlihan Lokey, etc. Also, PwC and Accenture's NYC offices recruit quite heavily at Georgetown, although there are several firms like Deloitte that recruit into their DC offices. Georgetown's recruiting has gotten significantly better, so as long as you work hard and network you will have an extremely good shot of staying in NYC and working for a great firm.

The MSB has a school curve (I think for lower level classes it's a 3.3 average with 20% As, upper level maybe 3.5 with 40% As and A-s). This makes classes a little tougher because it's hard to distinguish yourself in a class in which getting a 96 is a B+. However, there isn't a culture of competitiveness among the student body, and you'll build a nice camaraderie with your classmates. There's a nice diversity of the types of classes you can take, and entrepreneurship is really being built up now in its business school curriculum. Also, college basketball is the shit.

PM if you have any more questions.

 

You just said you wanted to stay in New York, so obviously you go to Fordham.

So between Fordham and Georgetown I think it would depend on your personality. I think that if you're an aggressive networker you should stay at Fordham because that can work well with you because of Lincoln Center and all of that. ( I go to school at NYU) However, if you're passive aggressive about networking and would rather be at a school where recruiters come to you, you should choose Georgetown. I don't mean to start a war over this but I think Gtown is a semi-target along with NYU, while Fordham scrapes the border between semi-target and non target.

Georgetown is a better school than Fordham in everything except business one could argue. Anyways, good luck and I hope that everything works well for you in the end. If I were you, I would stay in NY, but again, it depends on your personality.

 

Heres another thing that I am thinking:

1.FUCK IB. I definitely don't want to do that and those bullshit hours. Even if you move out into different industry in a few years (with an exception of F500), your lifestyle is only marginally better. I have seen people in that industry and know thats not for me.

With that being said, I'm looking more into S&T and other parts of a bank. If you follow my recent posts, you will see that I am actually interested in Equity Research and to some extent Private Banking. I know its hard to look so far in the future, but I could see myself in AM. Also, I am not totally against going the F500 route like GE, J&J, or a treasury position.

I am assuming that your pedigree matters a little less in these industries that I am interested in? Please correct me if I'm wrong.

  1. I am rocking a 4.0 at my school. I can expect me to stay in the 3.8+ range upon graduation. Does the big fish in the small pond approach make sense?

Gracias

 

Fordham has decent exposure and placing in NYC but not a very far reach nationally. Georgetown is a better school and has more notoriety (including NYC) nationally than Fordham. If you ever were to look for opps elsewhere in the country, Georgetown is the better bet.

If you like NYC, are comfortable at Fordham (assuming thats where you are), and you know how to hustle...I'd say stay.

Here to learn and hopefully pass on some knowledge as well. SB if I helped.
 

People have been telling you that transferring is a good option. And an upgrade in school name is HUGELY beneficial in the long run. Georgetown will take you far just on its name alone.

You man: Transfer???? G-Town MSB, but doing really well at Fordham. keensetofpeepers: Definitely transfer. Reason 1, 2, 3. Cookies With Milken: Strong consider transferring. Reasons. Bob Loblaw: Transfer.. Tons of reasons AQM: IB. Aspirations.. so I'm leaning on staying. That_Aston: Transfer. Good move. You man: Still leaning on staying.... SirPoopsaLot: Transfer. You man: REALLY? (Clearly, I just want to stay).

Jesus, theres no point in asking other people to list out reasons to transfer if you already made up your mind. If you dont think you can get a 3.75+ from G-town, network, and eventually land a sick job, then just stay with your 4.0 at Fordham.

 

As someone who transferred from an Emory/Vandy/ND school after freshmen year to a similarly ranked school as Gtown, I can honestly say that I probably would not do it over again. If you're crushing your classes then you're already going to have an equally good shot at IB jobs that would have from Gtown. The ONLY reason you should transfer is if you really love everything about Georgetown and aren't happy at your current school, IMO. However, you're still young and you can probably have an awesome time at your current school (in addition to a high GPA) if you just give it some more time.

Sometimes when you bring the thunder... you get lost in the storm.
 

Similar situation to the above except I opted to stay. At a semi-target (Emory/BC/Wake Forest) and got into stronger schools ( Vandy / UVA / UNC ) but decided to stay where I was after I got in. Freshmen year is tough on guys so there is an obvious desire to transfer after first semester. Things settle down and you get comfortable. If your killing it in school I don't see a need to transfer, all of the schools you listed are solid and if your already networking you should be all set.

 

If you network, you'll be able to get the same opportunities at both your current school and GT MSB. Don't make your decision based on that. Transfer if you think it'd be a better fit for you personally/your academic interests, not job opportunities.

 

Echoing what others have said. If you're enjoying your current school, and crushing it grade wise, there's no reason to transfer. Just cause you're killing it at your current school doesn't mean you will at Gtown. It seems you're already on your way to having a solid name on your resume. Keep up the grades / networking and the rest will come.

 

I was in the same situation as you (still am I guess, but...), so I can give you some input as to what I have found.

First, find out about how OCR/Internships through OCR at the new school works. Business schools at the universities I wanted to transfer to were closed to non-business students. So, if you need your school to help you get internships, I'd advise against it. If you can get your own internships, this wont affect you.

Also, make sure this wont set you back graduating wise. Personally, I'd rather keep my current friends, graduate on time, keep my clubs/organizations and just network my ass off.. Just my opinion though.

Hope this helped

 

I go to one of those three schools and can tell you it does not matter at all if you are not in the business school if you get a good G.P.A. In fact my friend is an Economics major and did an SA gig and is now starting full-time as an IB analyst at a GS/MS/JPM level bank.

 
Husky32:
you can internally transfer into the b school at UVA and BC/Georgetown are solid enough that an economics/math major = finance

edit: this is if you are interested in ib/s&t/corporate positions lac's are fine for a top msf

The one stipulation of my acceptance to said school is that I would be barred from any attempt to internally transfer. I am good at math would likely supplement my econ with some sort of IR/law.

"Whenever you feel like criticizing any one, just remember that all the people in this world haven't had the advantages that you've had." -F. Scott Fitzgerald
 
Husky32:
you can internally transfer into the b school at UVA and BC/Georgetown are solid enough that an economics/math major = finance

edit: this is if you are interested in ib/s&t/corporate positions lac's are fine for a top msf

OP is a sophomore - you can't transfer into McIntire at UVA, you apply as a sophomore. So he/she would have to apply directly.

OP, I'm confused by your timeline. You said you applied after your first semester and got into a few places, but the way you have worded things indicates you stayed at your current LAC yet still have acceptances on the table? Or did you apply a second time?

MM IB -> Corporate Development -> Strategic Finance
 

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"Whenever you feel like criticizing any one, just remember that all the people in this world haven't had the advantages that you've had." -F. Scott Fitzgerald
 
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