College Selection

My son got into Bucknell / Fordham / Penn State business programs. He wants to pursue a career on WS in Investment Banking or Alternative Investments. He also mentions transferring to a different school in the second year. I appreciate any insights asto which would be better. I not very familiar with this process.

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I got into Penn State too and I was asking the same thing so I emailed someone from the business school about OCR. They send about 20 or so a year (true story) to some BBs and mid-level firms. She showed me an entire brochure too with names, salaries, bonuses, etc.

From what I saw, your son can get a big 4 gig easy as long as he maintains about a 3.5 (that's the Smeal average). If he wants an internship or job offer for investment banking, he's going to have to work his tail off and get a high GPA and whatnot seeing as how only 20 or so make it a year. He also practically needs to be in both Schreyer Honors College and the Nittany Lion Fund as that's where most recruits come from (as shown in the packet she sent me).

I can't speak for Bucknell but Fordham is pretty crappy in terms of Banking. However, one interesting stat that I heard is that about 90% of students land internships with many of them being finance related. It sounds nice but as I began to ask around, they're mostly corporate finance roles and PWM; not too many people go into banking.

Goblan is kind of right...if he wants to get into this field then he has to be a "go-getter." He can't have daddy holding his hand forever. No offense.

"I'm going to make him an offer he can't refuse."
 
curiouskongMy son got into Bucknell / Fordham / Penn State business programs. He wants to pursue a career on WS in Investment Banking or Alternative Investments. He also mentions transferring to a different school in the second year. I appreciate any insights asto which would be better. I not very familiar with this process.
Ma'am, your son is growing up and you need to start letting him figure out things on his own. You can't do everything for him or he'll end up like my nephews in their late twenties who still sponge off of their parents. Trust me, you don't want that.
 

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