Big Ten Non-Target School to BB, transfer? doomed?

Hi everyone,

I major in accounting in a Big Ten non-target state college. I have alright GPA and I am currently applying to the accounting honors program. I am also in one of the biggest national social fraternities, (and our chapter is among the top ones). 3 or 4 of my fraternity brothers/alumni are working/has an internship in finance industry and I have a strong connection with them.

Should I transfer to a semi-target school (I have very poor SAT scores), or stay at my college and try to graduate with honors? Our undergrad accounting program ranked very high (but I know that means nothing on wall street). Some BBs hire on campus but maybe not for FO jobs.

Or maybe work a few years overseas and apply for MSF at the Ivies for a better shot at BBs?

Thanks in advance

9 Comments
 

No point trying for an MSF just to get a job at a BB when you could get one without it....work your ass off, and network a ton. Your fraternity brothers should be able to help you out if some of the finance internships you mention they have are the kind you want. If not, transfer to a semi-target (retake the SAT?) with a chapter of your frat and get involved in your frat at that school - the semi-target recruiting and resources combined with frat bros who hopefully have taken advantage of them should set you up well.

 

Give your GPA and networking a lot of attention, with low test scores and a non/semi-target you are going to have to do something to prove your intelligence and worth. Test scores - nope. Target/selective school - nope. GPA - can be improved.

Also maybe consider finance and accounting? Accounting teaches you relatively little about FIN and interviewers will likely wonder why you chose ACC over FIN if both are offered at your school (honors program is a decent excuse). Note that if you can't double major, perhaps take some electives in finance to prove interest and improve your knowledge.

 

I know some want it listed, and likely use it as an initial screening tool, but I don't think too much weight is placed on SAT. More important is making sure your GPA is over 3.5, some will slide lower but that's usually only if you know someone at a firm and/or attend a target.

I will be brutally honest, because I still can't reconcile this in my mind, and I am sure most will ask this: If your goals are in Finance, and your school offers that, WHY ON EARTH ARE YOU NOT A FINANCE MAJOR! I don't know a B10 non-private that doesn't offer it. I would understand if you were a math or computer science/engineering, but to me Accounting would indicate you are more interested in accounting than finance. If you like the Accounting aspect, perhaps TAS at a B4 firm is more your speed?

 
Best Response

Your at a Big 10 School. Since it sounds like your not at Northwestern or UMich, depending on the school (I'm looking at you Penn State, Indiana, Michigan State, Illinois, Ohio State, Wisconsin and Rutgers), try and leverage the alumni networks. Focus on your grades and remember that your school is a brand unto itself. Get into the honors accounting program, bust your ass and get a good GPA. You don't need to have a finance degree to do banking. Also, while they may not be "Targets", a Big 10 School is not a bad brand to have on your resume, especially if you end up graduating from the main campus as opposed to a satellite campus as well. Just bust your ass and remember that not all roads initially go through banking. You can end up going from Point A to Point B through 5-6 different stops along the way.

And let me guess... Penn State and Acacia?

 

Eos officia eum aut quia. Nemo pariatur molestiae nesciunt cupiditate ipsa eligendi. Qui voluptatem dolor qui consequatur sit. Itaque dolore doloremque unde tempore. Praesentium ab repudiandae ratione adipisci.

Maiores animi omnis voluptate expedita iusto eligendi. Non fugiat harum et voluptas corporis. Dicta impedit rerum error occaecati ipsam rerum fugiat. Minima quasi ut ut omnis quam voluptatem voluptas.

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 (66) $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

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...”