Would you recruit him as a first year- analyst in IB?
Which one would you recruit? (Please rank them in order of preference) Assuming they are all international students and need an H1B Visa
- NYU Stern undergraduate
- Triple major in Finance, Accounting and Statistics
- GPA: 3.5 - 3.6
or
- NYU Stern undergraduate
- Double major in Finance, Accounting
- GPA: 3.7
or
- NYU Stern undergraduate
- double major in Finance and math
- GPA: 3.4 - 3.5
Please give an honest feedback.
Do employers appreciate an Actuarial Science major? It is math intensive I was wondering if it is recognized.
Also, in general is it feasible for an international student from a target like NYU Stern to get a job in investment banking nowadays?
3.7>3.5-3.6>3.4-3.5 guy
but the first and second would probably get interviews (maybe even the 3rd guy if he has good experience) and their interview would matter the most
so I guess double/triple majoring really doesn't matter as much as having a high GPA -- am i right?
I was also told that firms want to see quantitative abilities? Are there ways to do this besides a math major?
All pretty equal, would need to see rest of resume and experience to make decision. How long did the triple major take to complete?
Say the triple major was done within 4 years of graduation. And say that all 3 of them had equal internships (take into account that he/she is an international student too)
3.7 > 3.5 - 3.6 > 3.4 - 3.5
alright haha I get the point now; GPA seems to hold much more weight than the amount of majors or types of majors.
One question - if one were to add a 3.8 Finance (single Major) into the competition from NYU Stern, then would he better at attracting the attention of recruiters than the rest of the 3.7> double/triple majors I listed above?
splitting hair here bro. take interesting classes and try to do well.
true true, I am splitting hairs xD
The whole reason of this "survey" was that I was hoping to receive a straight forward answer as to to what extent does a double major have an impact in terms of employment, and if a single major with a higher GPA, albeit even just a little bit (0.1+) would be more beneficial as a student from NYU Stern.
Any insight on this?
It isn't some standardized review of applicants. (If so, data could just be fed into a computer). You might get someone who picks the triple major with a lower GPA to interview and you might get someone who picks the single major with the slightly higher GPA. I understand you are asking for the average of opinions but even that is hard to tell. I have interviewed people with difficult/interesting academic backgrounds with lower GPAs and other times I have felt like just interviewing the highest GPAs I get.
but for the majority of cases, the higher GPA regardless of single/double major would be much more of the "safe route" am I right?
the only people who would appreciate a 3.4-3.5 in a hard major are ones who've done it. go with the best GPA first.
IMO banks do not value an actuarial science degree higher than any of the others you listed...
cool alright, thanks for the insight breakinginnew =)
the best option - 3.8 math, finance, and accounting
haha i highly doubt one could achieve a triple major in math, finance and accounting and graduate within 4 years lol
But I guess finance and accounting with a high GPA (3.8) would be the best bet towards investment banking esp from a target school .... ryt?
GPA will be a factor unless person looking also has multi majors. I only had one so I dont care to see more then one.. but if I do its not a big deal.
Wow, you're not even in Stern yet. Wait until at least the end of your Freshman year until you start deciding your major.
Taking different majors will not change your GPA since Stern has the Stern curve which pretty much guarantees that the average GPA is 3.0 across all majors. If anything, Finance will lower your GPA the most because that's the major the most kids go into which means more competition which means harder to move up the curve.
I would personally not recommend the Accounting major. To get the major, you need to take 4 classes from the accounting after the first two which are required for all majors. FSA is the most interesting Accounting class and extremely useful but besides that the Accounting class are marginally useful unless you're going to be an Accountant.
Actuarial Science and Math is extremely favored by BB for S&T. For some reason, they love it. For IB, it doesn't really mean anything. Also keep in mind that Act Sci. major basically includes a Math minor in it.
Majoring in Math is tough because it requires taking 12 classes bc it's a CAS major not a Stern major. Triple majoring in Finance, acc., and Math is hard to do in 4 years.
Yeah, 3.7 > 3.5 - 3.6 > 3.4 - 3.5 but in actuality all you need is a 3.5. At Stern, it's more important to network your ass off because there are 500 other kids all trying to get the same jobs you are and at the end of three or four years, you all pretty much know the same shit. It's more who you know than what you know at that point.
Basically, Freshman year: 1) Do well in school, 2) Party your ass off, 3) Have a social life within the school (EC's) 4) Worry about networking/internships etc. after freshman year
Just to add, that's my personal opinion on the Acc major. Take it with a grain of salt. Everything else, pretty much accept it as it is.
how bad does a 3.44 or so hurt vs a 3.5
internship experience required... GPA doesn't make a diff once you get the first interview... in which case, i'm guessing with decent internship experience, all these candidates will get the interview
Those three majors overlap so much I'd treat them as one - you're not bringing anything additional to the table by adding them.
Be a man and do pre-med + theoretical math + electrical engineering + econometrics
Anything less than four majors and you can kiss banking good bye
LOL
@ElliotWaveSurfer
Hey thanks for the info! Yea I know that in terms of investment banking, Financial Statement Analysis is probably the only class that is much relevant to it, however since an Accounting major is only 12 credits, I might as well take 3 more courses and get the added benefit (even if it's very little) or being able to state a Double major in Finance and Accounting.
Hence, would you recommend that I just single major in Finance and try to achieve the highest cumulative GPA possible, rather than be greedy and try to beat the Stern curve by taking more than necessary courses at Stern?
Of course, this is all with the assumption that I land an internship experience over the 4-year course at Stern
? It's not more than the necessary courses. Listen, you basically have all the core classes you have to take plus at least one major. After that, you're still going to have a year plus left of courses to take. You can basically take whatever you want and the way stern works is that if you pretty much take any 4 courses in one department, that's a major. So I don't see why you wouldn't declare a second one. Unless you plan on spreading those extra courses through all those departments and if that's what you're interested in go ahead but it doesn't sound like that's what you want. And the classes won't really matter that much in terms of grading because they are all graded on the Stern curve. So just take what you want.
Also, pretty much all Stern majors are 12 credits so it doesn't make sense to justify doing an Accounting major because it's only 3 extra classes. One class is really not that big of a deal. Personally (again, this is my personal opinion on the acc major) I would rather take those 3 extra classes plus that one class in an area I was interested in.
I wouldn't recruit any of them, because they all go to a shitty non-target state fake business school.
I don't see anyone from Cornell AEM on this list...
Once knew someone who took the easiest classes, got a high GPA, went to Goldman, didn't get a return offer or anything else (in 2008), try to go into good PhD programs in econ, failed, ended up at a very bad/mediocre PhD program.
Chubby, I think you should really concern with what you learn in school, not just how things would appear on the surface. Follow what you think is good for your learning and passionate about. Then you will enjoy your learning and GPA will be good.
I came into college, not knowing what investment banking is at all. Chose math major because it is something I liked in high school (took real analysis, topology, etc) No trouble for me to land an investment banking offer.
im not gonna lie on my resume. it doesnt round up, but how does it look vs a 3.5?
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