Should I transfer schools?

I am a first semester freshman at a non target school and I was wondering if applying to transfer to a target school would be a good idea.

For some additional context: I have been involved in various clubs and the student government. I was also able to secure an internship at an investment/PE firm during the school year as well as a due diligence IB externship also during the school year, (no luck for summer internships yet). My grades are also straight A’s so far. Any support or inputs would be greatly appreciated!!

8 Comments
 

My social life is good, making good friends and connections with upperclassmen. I currently go to the University of Minnesota Carlson School of Management. It’s ranked 31 according to usnews.com and 24 in the U.S according to the schools website. If you need more context feel free to ask.

 

I think you can definitely still try and transfer. Take a look at Cornell, ND, and Northwestern. But, grass is always greener and I think you underestimate the amount of positions in MN. Piper Sandler and a couple of other banks have a big presence but good luck and know that you aren’t in a terrible spot but if you transfer great, and if not, you seem like the type to be fine.

 

I’d say grass is always greener on the other side. I interned with some UMinnesota students and they are among the smartest I have worked with. Bear in mind that competition at target is much more substantial. If I were you I’d still try to transfer but will focus more on networking. A good connection who can vouch for you is 10x better than having none at a target.

Just my $.02

 

Personally I would if you can swing the additional price increase over a state school. It's of course possible from your current school (especially if you're fine with a boutique/MM in the Twin Cities) but you are so early you might as well give it a shot.

It's basically impossible to transfer to the best target schools (HYPW, Ross, UVA bschool, Stern etc all take next to no transfers) so do temper your expectations more towards the low targets / semi targets to realistically be able to transfer. Also, most of them will take your high school grades/scores into account so if your HS profile was not great, you may need to wait longer until they no longer consider it.

 
Most Helpful

My story was very similar (almost identical), so I feel you on this one. Go for it, there are a ton of advantages, and some of them may even determine your success in IB:

  1. Better clubs. Target schools have great IB-oriented clubs, which besides looking good on your resume will actually elevate your knowledge in IB. You may meet there very interesting people and make valuable connections.
  2. NETWORKING!!! Target schools have strong alumni in various banks (not universal, some banks have "favorites" due to a long history of recruitment and good relationships/status, so it's a case-by-case). Being in a target school or at least semi-target would give you one of the, if not the most valuable opportunity - to talk to graduates, who already work in one of the BB's or EB's. Obviously, you need to have social skills and not be a jerk, etc to make connections... but getting a piece of advice from someone, who has already gone through it, before your interview could give you a great head start, which could eventually result in a job offer. (again, your personal factor also matters)
  3. Prestige. It's a fact. And even if some years down the road you decide to switch fields or companies, recruiters and HR will still look at your diploma. Whether it's good or bad, your school's prestige is also an important factor in IB, and that diploma is to stay with you forever.
  4. Academics. Both targets and semi-targets (however, targets especially) have very rigorous programs for IB. You will be way more prepared for your upcoming career, studying at a target, rather than non-target.

Those are the main ones, I'd say, however, there's more to it. 

Plus, you have a 4.0 GPA and great extracurriculars. I would suggest taking an SAT, and once you get a good score (depending on the school you'll apply to), you could definitely be a competitive transfer applicant. If you have any questions about transferring - shoot me a message, will be happy to help. Hope I could help at least with my answer and good luck!

 

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