Transferring worth it?
I’m a rising sophomore at a STEM-focused school (think Harvey Mudd, Caltech, MIT) trying to break into IB or consulting. Would trying to transfer to an Ivy/target school be worth it at this point or is it too late to transfer after sophomore year? This is both for fit issues and for recruiting.
Bump
You seriously consider MIT to not be a target school? Let me know who your plug is. From my experience those from Caltech tend to be not interested in IB or finance for that matter. Harvey Mudd has a fair amount of alum in IB and/ or consulting
I see you go to Harvey Mudd
LOL
one of those aint like the others
One huge advantage to schools like this is that the number of people interested in IB is very small and thus less competitive. If you have a decent alumni base in IB and a track record of sending a couple kids each year to IB your odds may be much better than you think.
Source: I go to a school comparable to yours and this is the case at mine
Just wondering: would it still be an advantage if you were one of only a few applying to IB but the schools barely has any alumni in IB?
Hard to say. Most of my school’s success came from a handful of dedicated alumni who could pull ~5 kids in across BBs every year. Which isn’t bad considering only 5-10 were seriously interested.
I transferred from a top 50 university to a top 15 for recruiting purposes. In your situation you have no need as those colleges will all attract recruiters eyes. Like everyone said you will also have less competition from you current engineering focused schools. All your classmates probably want FAANG internships not IB ones.
On another note if you don’t enjoy the school socially and think you’d be a better fit elsewhere then sure apply to some top 15 universities. But realize that at these schools about 20-30% of your class will be applying for the same IB jobs so you’ll have to find a way to stand out.
I went to MIT, and I know a few people at Harvey Mudd.
For MIT, usually anyone who wants to go into IB gets it. From my experience, people (who want to work in sellside) try to go to Goldman mostly for IB and MS for quant trading (mit guy runs the program there I believe). I know some classmates that didn't get into Goldman and decided to just do quant stuff (they clearly didn't really have a preference for IB and didn't take it seriously). For those that did take IB seriously, they were largely successful.
Harvey Mudd is a great school with the only drawback being its small alumni pool. However, I would imagine that your alumni network will pull harder for you due to being a small liberal arts school. Honestly, i'd just stay there unless you really don't like it there. Personally, it's not worth the hassle unless you prefer another school significantly over it. Why not shoot some apps at top targets and go from there?
And for Caltech, they mostly do phds. Fking nerds
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