I can eat shit and smile.

Hello Everyone,

I've been lurking on this forum for just two days now, I've found it all very enlightening. My question is what are my real world chances of landing a summer analyst position, being that I come from a non-target school called NYIT. I have a 3.7 GPA but the fact that my school ends in IT bothers me, I major in Finance btw. I am already in my senior year and will be graduating in June 07. I'll have to send out resumes basically now if I realize I actually have a chance.

Unfortunately, before I finished my remaining 4 semesters at NYIT, I had a 2.0 gpa at a state school.

If I do have a chance, would it be in MM and boutiques? What are the names of some of the boutiques? If I missed the boat, what should be my plan of action after college? I like the idea of going to bschool but I understand it's a card I can only play once.

I want to do ibanking because it's a gateway to many things. My true love is management, I would like to build something greater than myself one day, but I believe ibanking will let me tap into the business world and give me the education I need.

Thanks for the responses, I really appreciate it.
EffinHungry

 
EffinHungry:
Hello Everyone,

I've been lurking on this forum for just two days now, I've found it all very enlightening. My question is what are my real world chances of landing a summer analyst position, being that I come from a non-target school called NYIT. I have a 3.7 GPA but the fact that my school ends in IT bothers me, I major in Finance btw. I am already in my senior year and will be graduating in June 07. I'll have to send out resumes basically now if I realize I actually have a chance.

Unfortunately, before I finished my remaining 4 semesters at NYIT, I had a 2.0 gpa at a state school.

If I do have a chance, would it be in MM and boutiques? What are the names of some of the boutiques? If I missed the boat, what should be my plan of action after college? I like the idea of going to bschool but I understand it's a card I can only play once.

I want to do ibanking because it's a gateway to many things. My true love is management, I would like to build something greater than myself one day, but I believe ibanking will let me tap into the business world and give me the education I need.

Thanks for the responses, I really appreciate it. EffinHungry

Dude, first of all - what is up with the thread title? Are you trying to convince us how capable you are of handling an analyst job? Spare us; everyone here knows that a retarded gorilla could hold it down as an analyst.

Also, the fact htat your school ends in IT isn't the problem; MIT and CIT are among the top 6 hardest schools in the nation to get into.

Anyway, aspiringmonkey is right (for once). You are basically fucked as far as any decent i-banking job. Why are you just now looking at jobs? You graduate in like 6 months, for christ's sake. What are your fellow NYIT fin majors doing? Don't they already have jobs lined up?

I don't want to be a dick, but you really need to wake up and figure shit out. If you had just asked someone, anyone, 10 months ago how to prepare for this, you might be fine, but it looks like you just sat around and waited until December of your senior year. A top b-school is your only option, as far as I can tell. Someone else might have some ideas, so wait and see if anybody chimes in.

 

The title wasn't meant to suggest anything but grab some attention. You're right, I should've been on top of this a long time ago. Unfortunately, my school's career services does a terrible job of helping finance majors. As far as my peers go, this is not a competitive school whatsoever. I am on my own in terms of learning what I need to do.

What would it take for me to get into a good b-school, as far as what job should I be looking for after college, and how long should I hold that job for before I go to school again?

 

for good business schools you need

a) Decent GPA(3.5 or so) b) Good gmat score(700 or so) c) 3-5 years of work experience or 2 years in IB, consulting, and other top fields. d) Good reccomendations

Some people will say you must work in investment banking to get into a good business school, but thats not the case, you just need more years of experience, and hopefully the job isn't fully retarded, so that you can spin that experience into something decent.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 
aspiringmonkey:
for good business schools you need

a) Decent GPA(3.5 or so) b) Good gmat score(700 or so) c) 3-5 years of work experience or 2 years in IB, consulting, and other top fields. d) Good reccomendations

Some people will say you must work in investment banking to get into a good business school, but thats not the case, you just need more years of experience, and hopefully the job isn't fully retarded, so that you can spin that experience into something decent.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

Over the past 3 years HBS has admitted:

  1. lots of people with below a 3.5
  2. at least one person with a 5xx (f, canada)
  3. students straight from undergrad
  4. a student with no college degree
  5. a student who has never worked at a full-time job or internship, period.

What were you saying?

 
Best Response
aspiringmonkey:
for good business schools you need

a) Decent GPA(3.5 or so) b) Good gmat score(700 or so) c) 3-5 years of work experience or 2 years in IB, consulting, and other top fields. d) Good reccomendations

Some people will say you must work in investment banking to get into a good business school, but thats not the case, you just need more years of experience, and hopefully the job isn't fully retarded, so that you can spin that experience into something decent.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

Aspiringmonkey, your line of thinking is completely wrong. Having worked over a year in banking I have had the chance to talk to a great deal of associates and VPs that not too long ago went through the application process for the top 5 b-schools in the country.

B-schools aren't concerned with filling a quota of former bankers and consultants. They are less concerned with what you DID and more concerned with what you WILL DO. HBS wants their name attached to as many successful future leaders as possible. Granted, a good indicator of your future ambitions is what you've done in the past, but a big part of your interviews are going to be "why us? What do you plan on learning and doing with your MBA?"

There is no magic checklist, and I think you'll see that top b-schools take great pains to ensure a diversified class in terms of personal and professional experiences.

 

I say that its rare. The numbers I listed, are for people w/o something extradionary on their application that makes them stand out.

Sure a person might get in with a gmat score of 500, but for all you know it was a native american woman with a 4.0 GPA from MIT in a dual degree in Astrophysics and Finance, who had a reccomendation from Warren Buffet, and whose dad was the Dean's college roommate, and she is his god daughter.

Can you get in w/o that stuff? Sure, but the chances are very slim.


Disclaimer: The post above has been made by someone who is not currently employed in IBD, and has not had an interview yet...

 

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