Recommendations On College Choice

I'm interested in working in finance.

Right now, I have 3 major options for college that I'm considering now that Ivy Day has finished.

A - UC Berkeley, where I can major in econ., and apply for a Haas major.
B - Cornell ILR
C - Columbia School of General Studies (degree in neuroscience

 

Damn, that's too bad that you can major in finance at Columbia, otherwise that would be an obvious choice. First, it depends on where you want to work. UCB for West Coast, Cornell for East Coast. Overall, I think you should go for the Cornell option to get that Ivy League branding. Both are great options though, so you can't go wrong. I wouldn't do the Columbia neuroscience thing, that's not a path to finance.

 
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If you want to work on the West Coast then Berkley. If you're not set on IB, Berkley is great for tech/VC. And I'm sure you'll have internship opportunities during the semester.

If you want to work on the East Coast, both will be fine. Not familiar with ILR but I assume Cornell's degree is more business-related, and working in finance is a more well-established path for students. Whereas at Columbia you'll have to study finance on your own and balance a STEM curriculum. However, you'll have less competition from your peers within your major, and if you demonstrate interest in finance from extracurricular activities/work experience, your resume will stand out from the business/econ/finance students. It'll be easier to network from NY, although I think WSO places too much importance on networking (at least at the BB intern/analyst level).

 

Why do you say WSO places too much importance on networking (at least at the BB intern/analyst level)? Is a good resume more important?

 

It seems that many here believe networking is the golden ticket that will help you get the job. Networking helps you understand the industry, differences between the teams, culture of the bank/teams, etc. and that will be useful when they ask you why ______ in your interviews. But juniors (analysts/associates/VPs, yes VP is considered junior) have no say in hiring. They may push your resume and provide good feedback, but that'll get you the first round interview at most. MDs have a say, but it requires political capital and they're not using it on you unless they have something to gain.

Since OP is deciding between UCB and two ivies, they'll have OCR, and even if they just apply online they'll probably get a first round. So if you network to the extent that you attend recruiting events on campus and follow-up with an email and a phone call, and coffee-chat/call a couple of people from the bank, you'll be fine. No point in emailing/calling every analyst at the bank every other week. This is just my thoughts on BBs since they have 80+ analyst in each SA class. If 80 students networked that much with the bank, the teams wouldn't have time to get any work done.

 

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