<p>I have been highly interested in investment banking for quite awhile now. In highschool I had a 3.75 gpa with a 27 on the act. I am attending MSU in the fall and am apart of their residential business program. I am majoring in finance. I intend on getting a 4.0 and will do anything it takes to achieve that. I plan on applying to msu's FMI (financial market institutes). Will a 4 year finance degree of msu be enough to land me a job in Chicago or New York? If not, assuming I 4.0 what are my chances of getting into Ross as a sophomore ( I understand transfer acceptant rates are very low). Or would it be possible to transfer to u mich into LSA and then apply to Ross and major in finance and take a 5th year? I also plan on being very involved at msu and my relative ( finance graduate from msu who lives in Chicago) can get me an internship in Chicago after my freshmen year.</p>
<p>Look at what companies recruit and provide internships for your school</p>
<p>Also, try and do a week or two program for i-banking. Many universities will take trips to NY so students can see what it is like to be an i-banker- sometimes students change their minds about i-bankers after these trips because they’re very insightful (I know UVa business school does these)</p>
<p>best of lucK!</p>
<p>If you want to transfer to Michigan, I think you would be more competitive as a junior transfer. My understanding is that the only people who get accepted as sophomore transfers are those who either were accepted as freshman but chose not to attend, or people who were nearly accepted as freshman, but for whatever reason were rejected (generally people with 3.8+ HS GPAs and 30+ ACT scores). This applies even if you get a 4.0 at MSU your freshman year (which I think will be harder than you think it will be).</p>
<p>Ross is pretty much out of the picture at this point, I think. They really don’t accept outside transfers, and I have heard that it is nearly impossible to get in after sophomore year anyways (they prefer their pre-admits + kids already at Michigan who apply during their freshman year).</p>
<p>I don’t know much about the FMI at MSU, how competitive it is to be accepted, or how well they place in investment banking. This is something you should look into further. Also, if you stay at MSU I would major in accounting and fill up your electives with finance classes. That way you could still do the Big 4 route if finance doesn’t work out, and you will still be competitive for most finance jobs with an accounting background.</p>
<p>Your other option in my view would be to do well at MSU, try to transfer to UMich LSA as a sophomore, and if you don’t get accepted then try again for your junior year. Then you could major in Economics in LSA and try to network with the UMich alumni working in banking. From what I hear, it will be an uphill battle to get an investment banking job out of UMich Econ (no one recruits LSA Econ kids, and people will wonder why you aren’t in Ross) but it is still possible.</p>
<p>Just my .02</p>