Is Minerva good for IB?

I have been admitted to Minerva Schools at KGI. Apparently it's the most selective undergraduate program in the US. This year they had over 20k applications and something like 1.9% acceptance rate. Anyway, it's a really new program, so I don't know if it has any reputation among employers yet. They have a career advisory board with representatives from Goldman Sachs and McKinsey as far as I know, but I don't know if this means I'd get internships with them. I have been admitted to several top universities so not sure what to choose. Links to the program:

http://www.businessinsider.com/for-profit-college…

https://www.nytimes.com/2015/11/01/education/edli…

I guess this might not be the right forum, but any help is appreciated. As the title suggests I might want a career in IB after graduation. Thank you!

7 Comments
 

While it's very selective, I don't think that it would have a strong pull in the world of IB. First, since its a brand new program, there are no alum on wall street to help students out. Also, from what I understand, the curriculum is all about world travel etc. Seems to me that the curriculum is more suited for entrepreneurial types.

 
Best Response

After reading the articles I'm pretty skeptical. First, I don't think the selectivity number is really comparable to traditional schools, as it's an entirely different kind of program. The school likely attracts students based on its travel aspect, and I feel like it doesn't present itself much as an academic institution, but more as an "experience".

The school started 5 years ago so there is no alumni network or reputation yet. And with 80% of students being international and the program taking place in different country every term I imagine it will be difficult to participate in official internship programs. About the career advisory board, the website just says "regular consultation with this advisory group, we help ensure the skills you learn are directly applicable to employers." So it doesn't seem like there is an actual hiring program either. BI refers to the school as a "startup," which it essentially is, and there's also the risk of the school ceasing to exist in a couple years too.

IB has a structured hiring process with target schools and alumni network, and if you do want to go into IB, it will definitely be risky to attend a program like this. Since you said you've been admitted to top programs, if I were you I'd go for target schools with established reputation and alumni network. Then maybe try to do a study abroad or something if you do want the global experience.

 

While top consulting firms do take candidates from more various backgrounds than IB, they also like to see brand name schools and work experience, and have established recruiting processes with target schools. It's hard to see that this program will have any advantage over other established programs. For consulting and IB I still think that you'd better go for the other top programs that you've gotten into. What are your choices?

 

I see! Have been accepted to these places: Cornell, World Bachelor in Business (USC, HKUST and Bocconi partner program), UCL Management Science, UCL Economics, and Imperial (Computer Science). I'm an international student, and have found out I can't afford studying at Cornell. WBB would be expensive, but it would be only one year in the US so I could afford it. What do you think I should do?

 

Well I'm not familiar with WBB, but again I'd probably go for a more established, traditional program. I'd personally go for UCL or Imperial then try to get a job in London. As for major I guess it is really up to you to decide; I'm an engineering/comp sci person and would've gone for Imperial. I'm also an international student who went to high school in Europe (not European though). Got into UCL and Imperial for engineering but decided to come to the US for college. I think both are really great schools, and you'll probably have a lot of fun too.

 

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