Ross Freshman Wanting to Know Overall Paths in Business
Hello everyone,
I'm currently a freshman undertaking a dual degree in Business and Engineering at the University of Michigan, and I'm eager to learn from the wealth of experience this community has to offer.
I've always been passionate about business, and I'm exploring pathways within this vast field. Specifically, I have a growing interest in high finance and consulting. I understand that hands-on experience is invaluable, so I would be grateful for any advice on securing internships and what steps I might consider to learn and grow in these areas.
I'm also curious about the networking process and how I can effectively engage with professionals in the industry. If there are resources, clubs, or activities that could help me gain a better understanding, I'd be thankful for your recommendations.
Thank you in advance for your time and assistance!
Ross is a target... what are you talking about?
Sorry yes — I meant high target. Either way I’m confused what my next steps would be
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Yeah I’ve been reading but it doesn’t seem like there’s anything specific on what to do.
For example, I started reading Rosenbaum and Pearl, as well as started learning modeling. However, how do I actually go about breaking into IB from Ross?
This is why I’ll take a scrappy non-target kid over some Umich schmuck every day of the week
Relax man — I’m genuinely asking
Lets go Rutgers!
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The two most common “business” career paths out of targets are finance and consulting.
within finance there is investment banking (sell side capital raising + M&A), private equity and private debt (buy side M&A, growth equity investing, private lending, includes venture capital if not underwriting deals based on cash flows generally speaking), public equity and public credit (sell side sales and trading, sell side research, buy side research and trading, mutual funds or other long only products, cred it rating agencies), sell side restructuring and buy-side distressed investing across the capital structure, real estate (try the RE forum idk much)
within consulting there’s management consulting (MBB), distressed and turnaround consulting (Alix, A&M), big 4 have a bunch of diff types like tech supply chain
those are the more cookie cutter career paths. can always join a marketing agency or do your own thing. Real money comes from equity, whether invested or built
I’d take a look into Northwestern Mutual, heard they’ve got a pretty good program for students looking to break into banking.
Very helpful—great way to reconnect with family and offer them great deals. Would take over top BB (think GS/MS/Stifel). Hope this is helpful
lol guys OP is brand new to finance, go easy on him. OP so you know, to be 100% clear, you should NOT look at NWM as a path no matter what the recruiter at the mall says.
I would put Stifel > Northwestern Mutual > GS/MS but that's just me. Hope this helps
As someone at stifel this made me laugh haha
Congrats on stifel
Relax, you’re a freshman. Fuck some girls, make motivated friends, and get A’s. Not much else you should be doing tbh
Holy yap. Go join a club
Engineering + finance is a killer combo for finance. Best buyside analysts I know are applied engineers.
OP give me a pm if you want a high level chat and I can give you the quick download on where to start (which I’d be happy to share later with anyone who wants it).
"Specifically, I have a growing interest in high finance and consulting. I understand that hands-on experience is invaluable"
gpt bot
How did u get into Ross writing like you have a stick up your ass?
I'm not sure if this is answering your question, but few things to do:
Good luck!
This was very helpful, thank you!
why ask WSO randos instead of Ross upperclassmen who were in your exact same shoes a few semesters back... they will know and advise best how to break into XYZ from Ross
Try speaking with some seniors with offers lined up and ask them how they got there. Who knows maybe u will even find friends.
ib 2 pe 2 mba @ m7 2 HF 2 die
del del del
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Getting laid will pay dividends and give you an intangible asset that won’t show up on your resume or LinkedIn but in your expression and confidence.
Right, cause nothing says “confidence” like needing sex to validate your masculinity.
All lucrative business paths essentially fall into 4 categories: 1. Investing ( PE VC hedge funds ). 2. Help other invest ( ibanking S&T ). 3. Build something that attract investments ( Product management, techies ). 4. Help investors manage companies ( strat consulting ). Whatever your future job is, it need to be in one of these categories, otherwise you’re saying good bye to $$$
Bro did you really make ChatGPT write this for you?
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