Undergraduate Advice

Hey all, first post on WSO and was just looking for general advice regarding academics and career direction. I'm an incoming freshman at HYP and was interested in economics during high school which lead me to consider IB/consulting as a starting point in my career. However, I've read that you don't really need to major in economics to break into these fields so I'm wondering if it's fine to major in something like statistics in case I want to pursue something like technology in the future. I'm currently doing a summer internship (nothing special) so I guess my major points are

  1. Statistics > Economics in terms of flexibility?
  2. Should I be looking into PWM/PE internships for next summer or does the specific field not matter until summer after sophomore year (i.e. can I work with a nonprofit or intern somewhere not finance related)
  3. What should I focus on to make my undergraduate experience the best that it can be? In general, is there anything to know beyond have a 3.7+ GPA, 2-3 extracurriculars (opinions on sports & frats?), and get my graduation requirements out of the way early (also should I place out of intro econ)? Obviously all while exploring academic interests through different courses.

Thanks, appreciate all advice however broad and the more specific the better.

2 Comments
 
Most Helpful

Provident in voluptatem quidem neque ut. Eos nobis iure est fugit ab possimus. Laboriosam laudantium asperiores consequatur veniam rerum.

Facilis amet ducimus ut aspernatur perferendis. In repudiandae delectus debitis enim atque itaque nisi fuga. Eaque iste itaque suscipit sint.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”