Incoming Stanford undergrad freshmen looking for guidance

I was matched into Stanford through a first-gen low-income scholarship program that essentially locked me into my top-ranked school. I've done my research and seen that Stanford has little finance culture among undergrads. However,  I've always wanted to go into IB/PE, and also considered quant. I'm unsure of what to major in, and was wondering if computer science with a minor in management science & engineering sounds fine? Stanford doesn't have a traditional business major, and I am very uninterested in economics. If anyone could give me some ideas, I'd appreciate it. I'm very clueless in this field as I originally planned to be premed until finding out how long med school was. Would strongly appreciate any help!

12 Comments
 

right now ec wise, im looking into the finance club @ stanford, as well as two student managed investment funds, and plan to join club lacrosse and a fraternity for fun and the added benefits of the connections that come with that. internships wise, are there any you would recommend? i thought most internships were for juniors/seniors.

 
Most Helpful

You can major in anything at Stanford (have met so many English, history, etc majors from target schools) but comp sci / engineering tends to be a very difficult degree with a lower GPA. You get zero credit for that for finance recruiting, and if anything, people will question why you're not doing engineering as a career - so unless that's a particularly strong interest, I wouldn't do that. It's okay to go in undecided right now and see what you like.

Ideally you have an internship freshman summer or soph fall to get something on your resume

IB recruiting for junior summer is pretty much during your soph spring / you have to network soph fall, so don't let yourself get too far down the road time-wise

 

Yep - it would make logical sense that a double major or very hard major would be "best", but GPA is #1 most important thing for IB, so should plan your major accordingly. At a school that offers finance that should be your major, but at Ivies or Stanford you should pick the easiest or most interesting major

IB is not that difficult and they can really teach it to anyone

 

For freshman year anything in finance (corporate finance at a local company back home, interning at a private wealth firm that isn't Northwestern Mutual) will do. Ideally soph fall you can find a smaller IB or PE firm that will let you come in part-time around classes. Look at where upperclassmen headed to IB did early internships and start there.

 

These people are acting like Stanford is not the best school on earth lol. You can intern anywhere in silicon valley, sf, menlo, or nyc. I know a girl from Stanford who did my junior summer internship after her freshman summer. You may as well study Econ and get a 4.0, I'm sure you'll land wherever you want. You are actually in a better position than many of the kids at Wharton who are fighting it out from day 1 for finance jobs. Just start reaching out to alumni and sharing your story as soon as possible. P.S. Feel free to say that you don't really have guidance in this career bc you are first gen and low-income. People know kids like you will work harder than your billionaire classmates. 

 

No offense but if you're going to stanford, why do you want to do IB/PE? If you play your cards right you have access to unicorn opportunities like working on a billionaire's startup idea, joining elite VC firms, joining elite AI companies, MBB consulting, etc. There is literally no reason to waste those opportunities just so you can grind excel models next to an IU Kelley grad at Bank of America

 

Et sunt voluptatem est quis eius ducimus. Consequatur nihil sit iusto perspiciatis. Pariatur accusantium adipisci similique amet totam est perspiciatis.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”