Why the hate on Penn State?

I usually get tons of MS thrown at me when talking about Penn State and how many students from there get into IB. Their NLF Fund places around 90%+ of the students into Front Office roles in NYC. Even then, the alumni network is massive, and the school is in a great proximity for high-finance roles. So anything I'm missing here? Yes, it's not HYP but only <5% (that's a pretty generous number I think) actually get into those Ivy Leagues so I don't compare it to that. They have courses in Smeal dedicated to Wall Street Prep, and they get OCR from reputable companies. Still a non-target?

Comments (89)

Apr 12, 2018

?

Best Response
Apr 12, 2018

Some sort of mental disorder where they pretend that systemic child molestation wasn't covered up by their football coach and university.

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Apr 12, 2018

Wasn't that like 10 years ago? I thought that was old news, still fucked up nonetheless.

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Apr 20, 2018
Pump And Dump:

Wasn't that like 10 years ago? I thought that was old news, still fucked up nonetheless.

The school institutionally covered up for child sex abuse for nearly 4 decades to protect the football program. That is a gross offense for an academic institution and speaks to leadership priorities.

Maybe the current/prospective students are too young to remember, but to me the statue of limitations hasn't run out on my hate for Penn St. The school was not sufficiently punished for the level of evil perpetrated there, particularly given the squeaky clean image attributed to JoPa for all those years.

My children are very young, but I would never want them to be associated with Penn St even 2 generations later.

I don't run around dropping MS on posts about Penn st, but the old news line pisses me off to the extreme. People's lives are fucked permanently and to this day because of "leaders" of that school.

Apr 12, 2018

PSU is fine. Your first mistake was caring about any of the opinions you hear on this site. PSU is fine.

Learn to ignore the opinions of people who are the ultimate at being risk adverse. I generally listen to zero of the opinions on here. You'd be well suited to do the same.

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Apr 12, 2018

Haha, I see. I'm definitely thankful for this forum and finding it early on, have gotten advice from really helpful people. PSU is out-of-state for me but I still think it's worth every penny in terms of it's alumni base, OCR, and presence in high-finance roles. But I digress, someone will just make 5 alt accounts and monkey shit this without providing a logical counterpoint.

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Apr 13, 2018
TNA:

Learn to ignore the opinions of people who are the ultimate at being risk adverse.

lol risk aDverse?

I had to look it up ... I had never heard that before...

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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Apr 25, 2018

Jerry Sandusky was just trying to spread love to beautiful children.

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Apr 13, 2018

People get really butt hurt by the fact that kids from PSU and other Big 10 Schools are able to get the same jobs as kids in the Ivies. To clarify, I'm not claiming that PSU as a whole is comparable to an Ivy in terms of overall placement, I am just saying that those in the top schools really stick their nose up at the fact that they have to sit next to a Penn State kid in their IBD/S&T job who arguably has way more experience with Finance and will probably be a more productive intern (Nittany Lion Fund/Investment Banking Workshop etc.). Obviously kids in Ivies are extremely intelligent, but to say a kid from a Big 10 School who has been building models/following the markets intensely for months is not qualified for a FO office job is ridiculous. Regarding the Sandusky thing, thats just a cop-out for PSU haters who have to find something to hate (despite the fact that it has virtually no effect on the quality of the students or administration that is there currently).

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Apr 13, 2018

@EliteStudent11

Just gonna lob you this one. Do your thing.

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Apr 14, 2018

Appreciate the shout out but this isn't a scenario for me. I prefer to make a ridiculous claim without anyone asking and have a bunch of outraged people try to disprove what i said.

In this case, I'd be the disprover. It's just not as fun

Fuckin my way thru nyc one chick at a time

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Apr 12, 2018

IU is another Big 10 school that really stands out. The IBW is practically a feeder into top IBs and plenty of MMs and Boutiques recruit. Now I don't know how recruiting is outside of the NLF (PSU) and IBW (IU) but I suppose students can still make it

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Apr 13, 2018
Pump And Dump:

IU is another Big 10 school that really stands out. The IBW is practically a feeder into top IBs and plenty of MMs and Boutiques recruit. Now I don't know how recruiting is outside of the NLF (PSU) and IBW (IU) but I suppose students can still make it

I've met a lot more IU grads in and around NYC than Penn State.

But, prior to moving to NYC I was in Management Consulting in Supply Chain Management and the Penn State people were highly recruited for their expertise in SCM.

So I have heard good things about the school.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Apr 17, 2018

not from US so not as knowledgeable on all the schools & opportunities there but i had a look at NLF on their website & linkedin and id be surprised if there wasnt something similar in Ivys etc? Surely some "entrepreneurial" kid would have already set it up by now?

Apr 18, 2018

It's because the Ivies don't need such a program, while a mediocre school like Penn State would

Apr 12, 2018

It's pretty neat, the students run a $7 million dollar fund, have weekly meetings, and discuss stock pitches.

I haven't dug into Ivy leagues that have such a thing, they don't need it anyways to standout. But I think being in NLF would give you a great talking point. It sure is better than playing with simulation money in the BB Terminal in the library and saying you "beat" the market successfully.

Edit: I also find it impressive that a lot of the NLF members are placed into BB S&T which is an extremely difficult field to get into due to the downsizing. Nevermind the fact that S&T usually seeks quant majors yet all these students are in the business college.

Apr 20, 2018

Man who gives a fuck? This whole forum topic goes to show that online comments from random anonymous kids trigger you and that these same kids own real estate in your brain... It's all good !

Apr 20, 2018
SethDavisCFA:

People get really butt hurt by the fact that kids from PSU and other Big 10 Schools are able to get the same jobs as kids in the Ivies. To clarify, I'm not claiming that PSU as a whole is comparable to an Ivy in terms of overall placement, I am just saying that those in the top schools really stick their nose up at the fact that they have to sit next to a Penn State kid in their IBD/S&T job who arguably has way more experience with Finance and will probably be a more productive intern (Nittany Lion Fund/Investment Banking Workshop etc.). Obviously kids in Ivies are extremely intelligent, but to say a kid from a Big 10 School who has been building models/following the markets intensely for months is not qualified for a FO office job is ridiculous. Regarding the Sandusky thing, thats just a cop-out for PSU haters who have to find something to hate (despite the fact that it has virtually no effect on the quality of the students or administration that is there currently).

This is not true. I went to 2 state schools, one in the B1G and one in the Big 12. I am violently offended by what took place at Penn St and the overall willingness of people to look past it.

My guess is that most of the people offended by Penn St skew older because we actually remember the details, and additional cover up items have continued to leak over time, which makes it look even worse. What don't we know?

This is not about Ivy League kids being offended by B1G kids getting good jobs. I have never been hated on for my state school experience, either on this forum or in real life on Wall St.

Apr 13, 2018
Pump And Dump:

Why The Hate On Penn State?

joepa knew

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Apr 12, 2018

who is "joepa" and what did he know?

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Apr 20, 2018

Come on man, and I totally wanted to go to bat for you.

I'm sure the school is fine, I'd agree with @TNA , I personally hate on PSU from a sports perspective, but I know a couple alums who are solid. The whole caring about other people's comments thing is a no-go

Apr 13, 2018

To put it in language that PSU folks will understand, Penn state alums walk around with such a smug sense of satisfaction like their school is Saquon Barkley level great, when in reality it's more like Christian Hackenberg. Yea you can get to the big leagues, but in the end NY is gonna chew you up and spit you out.

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Apr 14, 2018

You shouldn't say that about New York, it all depends on where & how you land.

Apr 13, 2018

All the girls are 5'8" brunettes - good looking, but cookie cutter

Apr 13, 2018

I hate PSU but name a target with better looking girls...I'll wait

Apr 12, 2018

Obviously UC Berkeley

Apr 17, 2018

UVA and UNC-CH.

Apr 20, 2018

Are you serious? Texas

Apr 20, 2018

UNiversity of Southern Cal, University of Texas, maybe UVA.

Is University of Miami anywhere close to target. 1360 average sat score it's fairly competitive likely more than PSU. Or is it just the school for trophy daughters with rich parents looking to party.

Array
Apr 20, 2018

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Apr 16, 2018

Probably because these metrosexual Ivy nerds get rattled when they see someone fresh out of PSU undergrad who thoroughly enjoyed their college experience make it into IB.

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Apr 16, 2018

Goldman has a ton of OCR events at Penn State in the coming weeks. Who knows man.

"Work ethic, work ethic" - Vince Vaughn
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Apr 12, 2018

Even being in the NLF club, you're practically guaranteed an entrance to atleast an interview. I'm sure the professor of the program has connections to some of the banks like IU IBW does.

Apr 16, 2018

Because Penn State is for f**** like you.

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Apr 16, 2018

Good! Give in to your Anger! It will make you strong, give you focus!

Apr 16, 2018

I don't like Penn State... but to be fair I dislike almost everything, so no discrimination from my end

In all seriousness, Penn State is like the public university version of Duke or Notre Dame. Even though it's a few steps behind its peers on the academic side, its alums typically have a crazy intense school spirit and loyalty, which is largely sports related. I find this to be mildly irritating at best, and downright nauseating at its worst

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Apr 17, 2018
Going Concern:

I don't like Penn State... but to be fair I dislike almost everything, so no discrimination from my end

In all seriousness, Penn State is like the public university version of Duke or Notre Dame. Even though it's a few steps behind its peers on the academic side, its alums typically have a crazy intense school spirit and loyalty, which is largely sports related. I find this to be mildly irritating at best, and downright nauseating at its worst

Who do you consider 'peers'?

When I think of a sub-par school (academically speaking), Duke always come second to mind. Right after Cornell.

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Apr 16, 2018
DickFuld:
Going Concern:

I don't like Penn State... but to be fair I dislike almost everything, so no discrimination from my end

In all seriousness, Penn State is like the public university version of Duke or Notre Dame. Even though it's a few steps behind its peers on the academic side, its alums typically have a crazy intense school spirit and loyalty, which is largely sports related. I find this to be mildly irritating at best, and downright nauseating at its worst

Who do you consider 'peers'?

When I think of a sub-par school (academically speaking), Duke always come second to mind. Right after Cornell.

Other public universities that place undergrads into finance... UVA, UMichigan, Berkeley, etc

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Apr 13, 2018
Going Concern:

I don't like Penn State... but to be fair I dislike almost everything

I lol'ed

Do you also dislike mango sorbet on a hot day? ahhhhh

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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Apr 16, 2018
Isaiah_53_5:
Going Concern:

I don't like Penn State... but to be fair I dislike almost everything

I lol'ed

Do you also dislike mango sorbet on a hot day? ahhhhh

Yeah dood. Brain-freeze-inducing vanilla milkshake or bust

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Apr 20, 2018

PSU for the general body has much lower standards than those two schools. My guess 5% max at PSU could get into one of those schools.

Array
Apr 16, 2018

I thought this thread was going to be about Penn State missing out on the CFB Playoff the last two years or March Madness this year... I guess I have the wrong forum

Apr 17, 2018

I started undergrad at Penn State. Absolutely regret transferring out after freshman year.
Rare to find a school that's not filled with rampant liberals running around.

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Apr 14, 2018

I tried to give you a banana but it didn't work. Psychotic Leftists are depressing (esp to look at) but there's an upside in knowing how to navigate that environment at the University level. All the big corporates are "progressive" now but of course it's completely fake. A cover story for what they really do which is make money. Nothing wrong with making money..... but now you have to pretend you are doing it to end inequality or global warming or trannies or something. Helps you in court in the event of a law suit.

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Apr 12, 2018

Yep. It's like the "initiative" to give early recruiting to URM because they are disadvantaged but in reality they all come from prep high-schools, high income, and top colleges (or how else did they find out about IB?). If big-banks really cared about disadvantaged people they would look at income bracket. It all about the image (literally) to look diverse.

Disclaimer: Not saying recruiting for disadvantaged students is a bad idea or accelerated recruiting but I think the current way is faulty. And not blaming this on my own wrong-doings but just my own personal opinion

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Apr 17, 2018

People like you are not the reason why people hate PSU. What causes people to hate PSU (and other similar large state schools) is the large subset of the PSU population that legitimately believes they have the best business program in the country (I've heard this from a few individuals first-hand). The overall ignorance and lack of knowledge of where they stand compared to their peers is really off-putting. From what it's worth I went to a private school with a similar "ranking" to PSU but we had more of an idea of what was out there and what our options were. A lot of dumb-dumbs at PSU that drink the kool aid.

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Apr 12, 2018

Checked the NLF club webpage. PSU placed 19 students as interns in front office roles (mostly BB) and 20 students FT. Thoughts? I'm sure many more got gigs from PSIA which students stay into if they don't get into the NLF

Apr 18, 2018

To give you perspective, I go to a semi-target that's about 1/7 the size of penn state's undergrad population and 1/3 or so the size of their business school. Last year, about the same number of people were entering for full time IB specifically, with many more interns than PSU going to a FO role (granted these roles are spread out among top mm's, eb's, and some BBs)...so it's not the most impressive thing in the world but if it's what you got it's what you got.

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Apr 20, 2018

What's your deal?

Apr 20, 2018

To be fair I don't think the fact that your smaller school placing a higher percentage of its Bschool into FO roles has much to do with the fact that there are significantly different / better opportunities at your school. Fact of the matter is it is that since there are so many students at penn state odds are that a bunch of idiots get into the program and bring down the rep. (You know... the whole thing about "you can bring a horse to water but you can't make it drink")

Apr 19, 2018

Its because everyone who goes/went to Penn State only talks about the fact that they went to Penn State. Its a cult

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Apr 20, 2018

@Pump and Dump I am a PSU alumni and I have posted about PSU several times on this forum and have never gotten any shit about recommending it to people looking for state schools or semi-targets or when I am speaking about the validity of the NLF. I realize there are haters but you only aggravate them by posting this. This in the end brings bad attention to PSU for future people who go to read about Penn State on this site since they just see the haters comments. Just a thought.

Alternatively, if you are prospective student feel free to hit me up in PM if you have any questions.

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Apr 12, 2018

Thanks for that advice+1

Apr 24, 2018

I have no bone is this fight, but this is beyond fucked up. Takes the whole notion of the nanny state to a ridiculous level...

http://www.philly.com/philly/news/psus-outing-club...

Apr 24, 2018

Next, we'll see a requirement that all students must wear life jackets at all times.

Apr 17, 2018
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