Georgetown the best school for the average person?

This is most definitely coping, but I think Georgetown is the best school for the average person to get into finance. Not the best school, not even close, but for the average guy with good scores, it is the best place for him to go.

Georgetown's blurb from U.S. News  "Georgetown excels in its post-graduation opportunities: it is the 3rd best paid undergraduate in the US, the most recruited school on Wall Street, the most prominent school in the Foreign Service and the 2nd most represented school in the U.S Congress (after Harvard)."

PeakFramework ranks Georgetown #2 for weight placement by size.

Investment Banking Weighted Rank Target School List 1-30

Georgetown has many on-campus clubs and activities that you can use to boost your resume. There are many finance clubs (some better than others), so you won't be locked out of getting into a finance club. There are also many other clubs on campus that you can use to boost your resume that isn't pure high finance, like running the credit union's finances or The Corp's finances. You can even work in the endowments office, helping manage the school's funds and meeting with fund managers.

Location-wise, you can take advantage of internships whenever you want. The federal government runs internships for college students every semester. Since only D.C. schools do the fall and winter internships, you have a perfect chance to work at government offices. Though these aren't as good as working at a shop, it does set you apart if you have the Treasury or the CIA on your resume.

Finally, I think this is important because it's not that hard to get into. I consider it a prestigious school. It was founded in 1789 and has educated two presidents. However, the standardized test scores are only 1390-1560 and 32 to 35. These are still high, but compared to Harvard, not that high: 1460 and 1580 and 34 and 36. This doesn't even paint the complete picture because you can be perfect and be rejected by Harvard, but that rarely happens at Georgetown, and often, "regular" people can get into Georgetown and excel. 

I don't think we're anywhere near Harvard, but that's not what I'm trying to discuss. I'm trying to say that for an average guy who wants to go into finance, Georgetown is the best place for him to go. 

17 Comments
 

Based on previous WSO threads, Georgetown is highly regarded for its placement in finance, particularly for the average student aiming to break into the industry. Here are some key points:

  • Post-Graduation Opportunities: Georgetown is noted for its strong post-graduation opportunities, being the 3rd best paid undergraduate in the US and the most recruited school on Wall Street.
  • Clubs and Activities: Georgetown offers numerous on-campus clubs and activities that can enhance a resume. These include finance clubs, managing the credit union's finances, The Corp's finances, and working in the endowments office.
  • Internship Opportunities: The location in D.C. provides unique internship opportunities with the federal government, which can set students apart with experiences at the Treasury or the CIA.
  • Accessibility: Georgetown is considered prestigious but more accessible compared to top-tier schools like Harvard. The standardized test scores required for admission are slightly lower, making it a viable option for many students.

Overall, Georgetown is seen as an excellent choice for the average student aiming for a career in finance due to its strong placement, numerous extracurricular opportunities, and accessible admissions criteria.

Sources: Georgetown U Student Investment Fund (GUSIF)?, GEORGETOWN = THE BEST IB UNDERGRAD SCHOOL, Georgetown Econ (College) vs Georgetown Finance (MSB), Notre Dame > Georgetown?, Notre Dame > Georgetown?

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Brother, I get what you’re saying (and I agree it’s a great school), but I don’t think “average person” is the right term for a school with an average ACT score in the ~95th percentile and an acceptance rate just above  10% lmao

 

I 100% get what you mean and agree that "average" wasn't the best term to use. I couldn't think of a better term for what I was trying to say, though.

 
mahan

I 100% get what you mean and agree that "average" wasn't the best term to use. I couldn't think of a better term for what I was trying to say, though.

Average WSO person could be somewhat passable. 

"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
 

My non target ass couldn't get in there. Guess I'm a below average person

 
[Comment removed by mod team]
 

The median ACT of people accepted is 33-35... that's not a guaranteed ACT range. I was listening to a podcast by an AO at Notre Dame (comparable school with similar stats) say that they rejected 3/4 students with a 34 on their ACT, and that was from 2ish years ago, and it's only gotten more competitive since then. There is no "Best" school for IB for above average students- it's all a crapshoot at some point unless they have insane extracurricular. 

 

I'll disagree with this and say that ACT scores function more as a minimum bar than a point of strength in admissions. The same goes with other academics. Once you've crossed that bar, its all about essays and ECs. 

 

@mahan 

Georgetown is typically one of the top 25 schools in the country across most rankings so I’m confused what you mean by “not the best school, not even close”. The undergraduate business school is filled with insanely smart students who place at every bank and private equity shop on the street. You would be lucky to get into that school. Save yourself, and don’t bother applying because you wouldn’t fit in.

 

also this sentence seems poorly thought out "Georgetown is typically one of the top 25 schools in the country across most rankings so I’m confused what you mean by “not the best school, not even close”.". I agree that is is top 25 usually in the 20-25 space and so is by definition not the best school and in fact is about 20-25 schools away from being the best school(not even close).

 

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