Undergrad FO at CMU Tepper
I'm a high school senior in the midst of college selection season. Below is a link of 2009 Tepper undergraduates placement survey.
http://www.tepper.cmu.edu/current-students/curren…
Basically what I am asking is to please explain some of these positions to me. I understand some of the listed positions, but what exactly is a:
Analyst (IB analyst?)
Global Risk Analyst
Business Analyst (A consultant?)
Economics and Business Consultant (Your typical management consultant?)
Trading Analyst (Trader?)
Public Finance Analyst
Marketing Research Analyst
Are they considered Front office jobs?
Lastly, should I go here over Stern or Haas?
Job titles really don't mean anything. There are probably greeters at K-Mart whose official title is Business Relationship Consultant. The main thing at this stage of your life is just to find out what's out there. What industries do you like? What companies are you interested in? What business might you want to start? The way to find that out is talk to people in the business. Reach out and say you want to hear about what they do, how they got where they are, what got them interested in their current path. I didn't even know what investment banking was when I was a senior in HS so you've got a head start. Once you pick a school and get there, follow up with alumni who moved on to investment banking, consulting, marketing, risk management, etc. You won't learn everything all at once, and conversations will lead to more questions. This is you time to be clueless and to ask "dumb" questions. Don't be afraid to be ignorant and ask the dude at McKinsey "so what is management consulting anyway?" It gets tougher to ask these kinds of questions by your senior year in college - I bet there are a lot of kids who don't know, won't ask, and wish they had back when they were freshmen. So don't spend any time worrying about the job titles. Go to wikipedia and read up on different industries. Read the Vault Guides. And for fuck's sake enjoy your summer.
I would suggest Stern and Haas over Tepper. Stern has great connections to major Wall Street firms in NYC, and Haas is strong in recruiting for BBs in the west coast, esp in SF, Palo Alto, Menlo Park, etc. The alumni connection means everything, and I think Stern and Haas has better reputation than Tepper.
I'm a junior in a private west coast business school now, and I am so glad my school has such a strong alumni network... it really really helps, you have no idea.
if you think USC is any better than tepper for IB recruiting you are delusional.
I'm not saying USC is the best school for IB recruiting, but it's definitely a great place for west coast offices. The SA class for 2010 did pretty well, and we have placements in alot of BB. I'm an international student, and considering I did get an offer from a MM bank, a huge part of the credit went to the school's strong alumni network and the alumni who are willing to go the extra mile to help.
However, we have almost no presence on the east coast. So like I was saying, if you wanna work in NYC, Stern would be a better choice.
not in southern california it doesnt
If you want to work in NY be guaranteed FO by junior year/when you graduate go to Stern and get internships while your a freshman and sophomore.
(if you want NY)
Are you sure your up for 4 long years in Pittsburgh?
Message me if you want more info on Tepper. In the end, unless you are at Harvard, Yale, Princeton etc. the school you go to only matters so much. The difference between Tepper, Haas, and Stern is marginal for getting a BB job. If you work hard, and do well you'll get a shot. If you don't you wont.
Pittsburgh is a lot of fun for about a month. Then you realize that even though you are 4 hours from Philadelphia and the east coast you are really in the midwest.
Oakland is a cool part of town and you have Pitt right there so a lot is going on. Check out Hemingway's , awesome bar on campus. Only decent part of going to school in Pittsburgh is you have some large financial institutions there. CMU also has an exceptional computational finance program.
Umm, what's wrong with realizing you're in the midwest? Do you have a fetish for close proximity to large bodies of salt water?
Haha, no offense meant. I personally think that if you want to do finance in the US your best chances are on the coasts. Plenty of shops all over, but being within close physical proximity to say NY/Philly/Boston/Chicago or LA/SF or Houston/Dallas really helps the UG student.
Things just get tougher the greater distance from the major financial centers.
Love USC, many of my buds got accepted there already. It's not great recruiting IB but as someone mentioned, the alumni network is extremely loyal. When I was a frosh, I wore an UCLA sweater to see my principal. His office was decked out with Trojan banners and shit. I didn't make the connecion. He looked at me and said "what are you doing?" but he meant "the fuck out my office, traitor fuck."
I've been told that stern does not guarantee front office job even with year round internships. I heard placement was actually pretty bad into IBD Or s&t.
I think Tepper's business program is more quantitative, like Sloan's, and many of the students get jobs in S&T, funds, etc. Stern is definitely a great place for finance, and there are many firms that recruit on campus, which makes it so much easier.
I think one advantage that Stern has that is similar to USC's is its location. Being in a large city like LA or NYC, there are alot of boutique firms that you can intern at to build up your resume and experience, starting from freshman year, and even during the school year. My friends at Brown complain about the lack of financial services firms to intern at, even though they do have a PE powerhouse in the neighborhood, but they don't take undergrad or anyone w/o a 2 yr banking stint.
I think Stern would be a great choice, regardless of banking, S&T, consulting, etc.
Quis tenetur rem necessitatibus laboriosam. Officia omnis ab sunt nihil odit quisquam recusandae.
Est odit iure voluptate quia voluptatum est nesciunt. Fuga quis magni sed aut nesciunt expedita quasi cupiditate.
Et sint laboriosam accusamus perferendis ipsam reprehenderit. Molestiae qui magni ullam et. Ex sit impedit culpa et dignissimos. Voluptatem ut sint voluptatum eveniet. Natus voluptatem tempora ducimus et fugit quam. Sint numquam culpa voluptate neque nesciunt quam aliquid.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...