Ohio State University to NYC

I am very interested in pursuing a career in investment banking, and I've been doing a lot of research and have some questions.

Currently I attend a smaller state school in Ohio (Kent State University), and study Business Management. I have just finished my first semester and plan on finishing my Freshman year here. After reading a few books and doing my best to research the field I have determined that the university I currently attend will not help push me into the industry. I know Ohio State is NOT a target school, but I also know it can help me secure better connections and looks better on a resume.

I will be majoring in finance at the Fisher College of Business. I looked into the Fisher Futures program and it definitely sparked interest. I was curious what the selectivity of this program is? Also, as I will be a transfer, will starting my Sophomore year there handicap me in any way?

I know it's a steep hill to climb and Ivy's and Targets always get priority, but do you think I can make my dream a reality? Thanks.

 

Hey, I'm thinking about transferring to Ohio State from a liberal arts school after my second semester as well. What I do know is that it is tough to transfer into Fisher as a Finance major, compared to the rest of the majors there. Also the FF program only takes around 12 students per year.

 

Nice. I transferred to OSU. Despite getting a 4.0 my first semester there, I didn't get into Futures (I think 130 people applied for 18 spots, and most of them had done their Freshmen prep program). I was accepted into the Finance major (the cutoff is 3.7 for Finance. I graduated in May and now work for a Fortune 10 FLDP (3 year/3 rotations). My company has Corp Dev, and Investor Relations rotations so I'm going to try and network into those roles for my third year. Banking will obviously be tough out of OSU, but a lot of people from my upper level classes work for JP Morgan Asset management now.

 

IB from OSU is very doable. GS came to campus this year and FF placed at least 5 kids in BBs. There are a ton of alumni in the industry that are extremely willing to help, so in terms of non-targets, OSU is one of the easier spots to break in from.

If you keep your GPA above 3.7, genuinely want to work in IB and can get an internship or two under your belt, you'll have no problem getting into Futures. The thing is, everyone that places well out of Futures would have been fine without it. If you don't position yourself to succeed in recruiting on your own, you won't get into the program.

Also, I think the finance major cutoff is something like 3.2 now, so if you're worried about not getting into finance at Fisher, you're not getting into IB.

 

It's rapidly growing. Great program. JPM AM actively recruits from there. You also have fellowship/assistanceships that make your resume look attrative IF you go, get good grades, network well, you will get your target job. Don't go to frorida state. Honest opinion. Go!

 

are you doing MSF or MBA? If it's MSF, you can either contact alums to get an idea, or just grind out a few years and apply for a higher-tier MBA. if it is MBA--it will be important to know what post-degree industry are you looking for.

with the presence of UFlorida, I doubt that FSU has much strength--but I admit I dont have hard evidence

 

If it is between FSU and OSU I think OSU is your best bet. Great opportunities available to undergrads with interest in banking through the Fisher Futures program. Consistently places at least 20 guys in banks in both Chicago and NYC. I know last year guys got into most of the BBs (GS, MS, JPM) from OSU and have been for the past couple of years. Huge and loyal alumni base will help immensely in those cities.

 

I also got accepted into USF but I'm guessing OSU is still the clear choice? Its just hard to look at 30-40k in debt vs virtually none, but if it gets me a better job I know its worth it.

 

do you know if a transfer can get into the fisher futures program? my gpa is just under a 3.5 right now because of old grades do I have to apply to it in the fall or can i apply after a semester with higher grades?

 

It depends what year you are, when I was there it is a program that you apply for during your sophomore year. You complete a program similar to Wall Street Prep or Training the Street the summer prior to your junior year, then take a class with fellow fisher future members in the fall of junior year.

Also, FWIW there are plenty of people that went to OSU and got into IB without being a part of the program, the program just makes it easier in my opinion, but it can be done without it.

 

Application process starts in Spring semester (usually February) and is for sophomores only. Consists of application, a few essays, and an interview. Definitely possible as a transfer to get in. Also not impossible to get IB outside of Futures, but definitely helps with networking opportunities, etc.

 

All results are in I was only accepted at Ohio State and University of South Florida. Ohio state I will owe just under 40k. I wouldn't owe anything if i went to USF. Is Ohio State Still worth it? I understand that the debt it worth it if it gets me the right job. just hard to look at that kind of debt.

 

Definitely OSU buddy - finance is a brand game - go to the best brand you can swing!

Bhavik

Bhavik | Managing Partner Critical Square | MBA Admissions Services Sign up for a free consultation today! https://criticalsquare.com/contact-us/free-mba-profile-consultation/
 

I had like $60k of undergrad debt, and will have $120k of mba debt...it's not a big deal at all.

A decent finance job will pay you at least $60k a year (way more if you get BB IB). Shitty jobs from UF will get you $35k a year. I don't know the schools very well, but if one is a target, and one is not, the choice to attend the target should be easy.

 
opsdude1:

I had like $60k of undergrad debt, and will have $120k of mba debt...it's not a big deal at all.

A decent finance job will pay you at least $60k a year (way more if you get BB IB). Shitty jobs from UF will get you $35k a year. I don't know the schools very well, but if one is a target, and one is not, the choice to attend the target should be easy.

$120k from MBA? That's painful, I hope you at least paid off the undergrad debt before starting the MBA. I thought Kellogg was one of the more affordable schools.

OSU isn't a target but it is a much better school than USF. The difference between $40k and $10k in debt isn't huge. If you do well at OSU the opportunities should be worth the added debt.

 

I would say the difference between 10k and 40K is significant if you end up at a 35K job, which is possible at both schools (especially if you end up having a little too much fun instead of studying). I think you should check out the business school placements at both if you'll be entering the business world. If it was something like science, then it might be a different story.

On a side note, I think both will be great for social life but the florida girls might be a notch higher lol

 

Update. They gave me direct admission to Fisher but unfortunitly due to some pre reqs they said it would take me 5 semesters of "rigorous" coursework to graduate. This means it would put me around 50-55k in debt vs USF about 10-15k. At this cost is it still worth it?

 

I think you have to decide what it's worth to you. If you REALLY truly want to do IB there are shops everywhere, especially in FL. The caveat here is you're probably going to end up at a boutique. Isn't Raymond James HQ in FL? If you're deadset on NYC, then why don't you transfer to a school there, like Fordham? I understand the idea of picking targets, but OSU to NYC won't be as easy as going to school in NYC.

"Even if you're on the right track, you'll get run over if you just sit there" - Will Rogers
 

I'm from the south and I agree with @"tOSUbuckeyes". Unless you are planning on working in the south, OSU would be the better choice for undergrad offers. UF and UT have ok placement in regional markets, but not up north.

"Decide what to be and go be it." - The Avett Brothers
 

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