Undergrad involvement
So, I'm a frosh at Miami (Ohio). I thought this would be a good place to ask around about a couple things. First off, how important is a business frat? I went to one of their meetings and they all refer to each other as "brother" and seem to be a kind of odd group. I did an interview and they rejected me. Is not having this going to matter? I know I'm going to grad school for my MBA straight out of undergrad so the whole job thing isn't too critical yet. Do you think a candidate with a high GPA and a double major would be better than someone with a lighter coarse load and more extra-curiculars?
"I know I'm going to grad school for my MBA straight out of undergrad so the whole job thing isn't too critical yet." Why would you want to do this? I feel like if you don't get into IB straight out of undergrad, you do a stint at a f500 and then lateral into IB.
Else, stay in the f500 for a few years, then go to a much higher ranked MBA program(because M7 MBA programs require good work experience before getting into them) and then making the move over to IB from a good MBA program and not a crap one that accepts straight out of undergrad.
Frats are not necessary - they can be useful for recruiting, but are far from being a requirement. Join one if it sounds like something you would be interested in doing. Be warned though: frats suck up a lot of your time, and consequently, your grades will suffer anywhere from a little to a lot.
Don't go into MBA straight out of undergrad; you'll never make it into an M7 or even top 12.
Get a double major if something other than business interests you. Since you go to what's considered a non-target (maybe a low end semi-target), it would be a good idea to either double major or do one difficult major (engineering, math, statistics, etc.)
As far as extracurriculars go, no one cares unless they are consequential. Varsity sports are great, club/inter mural sports are not. Leadership roles in business, service, student government, and honor organizations are very good as well. Just being a member of a bunch of clubs will do nothing for you.
You should look into transferring to a better school. Its very doable if you have a 3.7+ GPA, good recommendations, and quality extracurriculars. If you don't want to do this, concentrate on getting the best internships possible. Whether this means PWMs, startups, small AM firms, etc. in your freshman and sophomore summers (IBs are not interested in you before junior year), it doesn't matter. You just need to demonstrate that you have a strong interest in working in the financial field.
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