Ross Undergrad?

Hello,

If I go to Ross Undergraduate for a BBA in Finance and maintain a decent GPA (3.5ish) with a dual-degree in CS, what are my chances for the top PE Firms (Blackstone ) and IB Firms (GS, JP, MS)? If a 3.5 isn't enough, what is?

Let's keep everything else equal, so I have good internships in 2-3 summers and have good ECs/Clubs in Michigan with a bit of leadership. Let's also say I have the personality for these firms and do well interviews.

I am currently deciding between Michigan and another elite university, so this will help my decision.

 

You are the Yale vs Michigan guy. We told you to go Yale, but if you want to go to Michigan so much go ahead and go there just know your chances at IB will be slimmer.

 

Yes, I am and I didn't say Yale for a reason dude. I wanted to keep this thread unbiased for now. Like I said before on the other thread, I will most likely go to Yale, but I just want to see what the Ross options would be. Now could you please delete your comment so this thread doesn't become biased.

 

Why are you so mad? Stop spamming a finance forum with the same question over and over again? People have told you over and over again - both great schools that will give you opportunities across the street, but Yale will provide stronger brand and easier time recruiting. You’re not going to get any new information, and frankly you’re just wasting people’s time at this point.

 
Most Helpful

3.5 likely won’t be enough for the top jobs. Even at Harvard, a 3.5 won’t get you a top PE firm like Blackstone or a top bank like Lazard. 3.7+ is doable for top IBs. For Blackstone and MFs in general, know that these opportunities are typically reserved to top diversity candidates, so I wouldn’t bank on going to one from undergrad, be it from Ross or Yale.

As for Ross vs Yale, I think WSO exaggerates the difference in recruiting opportunities. Both schools are targets for BBs, so if you do well, you’ll be fine at either one. I’d still go to Yale if I were you because it has a stronger network and more prestige (especially internationally - Ross just isn’t that well known outside the US).

Also, learn the difference between investment banks and private equity firms. You’re not in college yet so you’re all good for now, but the sooner you understand how a firm like Lazard differs from Blackstone, the better.

 

Ross student here, I don't think a 3.5 is outstanding enough to land you a top internship. Also only a couple people will go to PE directly, and I only know of like 3-4 to Blackstone in the past couple of years.

I would say most of the people I know at top IB firms have over 3.7 GPA (a lot in the 3.9s actually), but I also don't know if expectations change that much for a CS dual-degree.

Also gonna be completely honest, people in Ross who want IB are gonna grind for it, so good internships and good ECs are more required rather than standout. Obviously the better the internship/club, the more impactful it will be, but almost every Ross student applying to IB will have stuff under their belt. Also be aware that the best clubs are also super selective, like ~5-10% acceptance rates.

 

I go to Ross as well and I love it here. It seems like over the last few years, we’ve sent 1-2 students to Blackstone every year, but also students to other top firms. I would say the top finance clubs that’ll help prepare you for IB/PE recruiting are MIBC, MII, AIC, and GIC, although there are other clubs and people get into the field without doing any clubs. I think the best way to prepare and ultimately get into these clubs is to understand what they do and how they’re different from each other and be able to talk about why you’re interested in them and how they can help you reach your goals. They are extremely competitive to get into, but not impossible if you are genuine, intelligent, and personable you shouldn’t have a problem.

 

Probably didnt even get in to Yale or alr turned it down and wants to convince himself that Michigan is better.

Also, you should use the search function, people have asked very similar questions to yours many times before

 

What makes you so sure you want to do IB or PE? You admitted a few comments up that you don't know the difference between IB/PE.

My point is, if that's the case, Yale (or, as you wrote, another elite school), offers far more flexibility should you change your mind. Go to Yale, be open to other paths, and if you end up in IB/PE, then that's fantastic.

 

Actually I do want to to IB. PE not as much. I've heard that Lazard was a PE firm which w is where my confusion comes from. I do think I'll choose Yale now since this is almost an unanimous decision on this thread.

 

Please just stop this madness and go to Yale. Ross is amazing but Yale is Yale and you sound like an anal high schooler ... try to relax a bit and not overthink simple things.

 

Just my 2 cents here. I went to a mid-Ivy, and that opens a ton of doors for sure. That being said, there’s a noticeable drop-off from HYP and the rest of the Ivies. Kind of silly because with acceptance rates so low, students today likely don’t have several Ivies to choose from. Nevertheless, the difference is there and significant.

I think a lot of the older monkeys (I’m only a few years older than you) usually caution against choosing a school solely based on “IB/PE or bust” because you might change your mind and there’s so much to college outside of bumping up your chances by 1% of getting a highly coveted first job. But on your first post, you made it clear that the reason you’re asking this community “Ross vs. Yale” is because you want to know the difference for IB and buyside career opps. The choice is clear: choose Yale. I love my school and wouldn’t trade it for Yale, but if it was solely for career opps, then yeah Yale wins hands down. No one is gonna clown you if you choose Ross because you like UMich football, the state school vibe, maybe less $$, and you just fit in better. But we will clown you if you are actively turning down Yale for Ross purely because it will help you get better jobs.

 

Hey man, I’m the guy who told you to read the Ross recruiting threat in your other post. I go to Ross and I’m in one of the top clubs mentioned somewhere above this post. Once you’re in a good club, you’re honestly fine at Ross. It’s easy to get a 3.5+ but I would warn you that CS at Michigan is really tough. I know a couple of super smart people who are doing okay with CS + BBA but the VAST majority of kids who come in with CS and BBA plans (including myself) drop CS in the first one or two semesters. So that could be a drag on GPA but to be honest, I’ve seen it done with great GPAs as well, though rarely. Most of the kids at Ross who actually know anything end up at EBs or PE, and especially if you’re in a solid club, you’ll have the connections and education to do the same. We place at Blackstone, Ares, KKR, other PE and virtually every EB except Lazard. It won’t be as easy from here as it would be from Yale, but if you’re willing to put that and some prestige aside, I think you’ll have a lot more fun at Michigan and probably build better relationships. Everyone is saying go to Yale (I did too on your other post) but you seem to rly like Michigan for some reason. Ultimately it’s up to you. I’d probably pick Yale, but now that I’ve achieved some success at Ross, I can’t imagine having gone to school elsewhere. Good luck

 

I mean I'm most likely going to Yale but I like making decisions without analyzing the outcomes so I looked at Ross. I'm also looking at possibly doing Data Science instead of Computer Science since I'll also do programming and am more interested in Data.

Would Data science + BBA be easier than CS + BBA?

 

Why do you want CS regardless? Wouldn’t it be better to spend that time on extracurriculars, maybe studying for the GMAT incase you want an MBA someday, or even just enjoying your life? If you want IB, I don’t really get how CS helps you.

 

I don't think my account is old enough to do that. Could you provide me with your Reddit username (if you have one) and I'll message you there?

Or I can wait a day and then PM you once my account gets old enough.

 

from having been in the working world some top EBs take people from ross with 3.5, some of my friends have told me about people who just networked with 3.2-3.5 and got evercore, GS , etc. maybe not places like Moelis or rx spots but I remember during a super day I grabbed lunch and got close with another kid who told me about this

 

Look dude, If you want to go to Michigan it's a great school. If you're smart and work hard you can get a good IB job. We send a lot to Citi, Barclays, Moelis, and Guggenheim. We place at other banks but those just stick out top of mind. You should have 3.7 GPA to feel comfortable. I had a 3.5 and I'm at a good MM bank (I only recruited for MM except Barclay's and made it far in the process so it wasn't my GPA that held me back). I don't think the 3.5 hurt me that much since I had strong experiences outside of GPA, but I wouldn't advise you to aim for that. CS is super hard at Michigan. You're obviously smart if you got into an elite university cough Yale cough, but I don't know anyone with over a 3.6 in CS really. Also, I don't know anyone that regretted going to Michigan because its a really great time if you're a social person and I feel like you should be if you're going into banking. But if you work hard you will get a good job dude. If you want to make your life easier for banking though, please please go to Yale, it should not be a question.

 

I tried to help you last time but it's obvious now that you don't deserve Yale. Just go to your public school and live your own life, I'm done trying to help people like you.

 

Veritatis ea dicta magni quas porro non tenetur. Aut magnam numquam neque alias. Ea est porro officia omnis illo mollitia et. Dolore autem suscipit reprehenderit rerum ipsum iste perspiciatis nemo.

 

Ea sit aperiam cum et. Perferendis veritatis aspernatur facere aliquam aut dolorum. Sint rem natus necessitatibus velit. Rerum laboriosam placeat doloribus consectetur non. Illo debitis est in.

Non nostrum modi aut alias natus iure maxime. Enim eius sed officiis aut maiores optio. Provident ut voluptatem aut voluptatibus et. Expedita est quaerat nostrum sunt magnam.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (90) $280
  • 2nd Year Associate (205) $268
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
98.8
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...”