Accounting at UT or Finance at UPenn?

College Majors Business Major
21

<p>I apologize for the hostility Myrmidon, I just don't think it's cool at all for you to lie about your stats; while I understand you didn't want a certain response because you go to UT, I still think you should be completely honest in order to elicit a useful response from anyone.</p>

<p>That having been said, if the stats you have in the link provided are true then you probably have a better chance than most, however I don't think you could ever consider it a "sure thing" no matter how good your stats are.</p>

<p>Generally the people who get accepted for transfer to Wharton, and this is purely from what I have read on these boards and others, have a high gpa, which you have, go to a good school, check, and have significant business experience, which I'm not sure you do have.</p>

<p>There was a poster on the wallstreetoasis.com boards several months back who was accepted to Wharton, here is the link </p>

<p><a href="http://www.wallstreetoasis.com/node/6863%5B/url%5D"&gt;http://www.wallstreetoasis.com/node/6863&lt;/a&gt;&lt;/p>

<p>He was accepted to Wharton as a Junior transfer, which is generally more difficult than Soph. I think what probably set him apart from others was his internship experiences in PE. Unfortunately, I don't think you have that.</p>

<p>All is not lost however, don't just set your sights on Wharton, although it is the best for finance there are other schools which are awfully damn close and with your stats I think you have a very good shot at getting into more than one of them.</p>

<p>If you haven't already check out these schools for transfer, they all have a historically great record on Wall street, which unless I am mistaken is what you want to pursue.</p>

<p>Harvard, Yale, Stanford, MIT and Caltech for quant jobs
then
Duke, Penn(A&S), Cornell(AEM), Dartmouth, Columbia </p>

<p>I think you have an excellent shot at most of these, especially Caltech and Duke since you were accepted for freshman admissions.</p>

<p>Disclaimer: I am not working on Wall street, nor do I want to give that impression, this advice comes from someone who has done a LOT of research because it is what I have chosen as my career when I graduate.</p>

<p>Also if you have more questions <a href="http://www.wallstreetoasis.com%5B/url%5D"&gt;www.wallstreetoasis.com&lt;/a> would be a better forum since there are persons who actually have first hand experience in these matters.</p>

22

<p>Stoneimmaculate notes; "Also the fact that you think accounting majors are valued for Wall street anywhere near as much as Wharton grads makes me question your sanity."</p>

<p>Stone, I didn't go to Wharton or to an ivy school. I attended Baruch College,which was part of CUNY. I, however, did very well in undergrad. I can assure you that I could have worked for any firm, including investment banking, that I wanted. I was, in fact, offered a position in bond trading that I regret today not taking. Thus, don't tell me that a top accounting grad can't get top wall street offers because I know that they can. The key is having a top GPA.</p>

23

<p>I never said it doesn't happen, you are the exception and congratulations.</p>

<p>the MAJORITY of Wharton grads end up on wall street, a lot in investment banking, some at ultra selective hedge funds and PE even. </p>

<p>A few accounting majors may go into IB, but they are the minority, especially at a CUNY. It is possible, but again their placement is nothing compared to Wharton. I really don't see how you can argue that an accounting major anywhere compares to Wharton's placement on the street.</p>

24

<p>UT has a better night life, better weather, better outdoors activities, and much much much hotter chicks. If you have a hard time baggin chicks, you might want to consider Wharton. If you like working 100+ hr weeks while living in the northeast, I'd also recommend Wharton.</p>

25

<p>^ LOL!</p>

<p>You sure the OP is a dood?</p>

26

<p>choosing a school based on "chicks, weather, and outdoor activities" is ludicrous, especially when you are comparing Wharton and UT.</p>

27

<p>Nope. Not even close. UPenn networking capabilities are extraordinary. They have undergrads who land some of the hottest jobs (some that you wouldn't even think would be possible ....example: hedge fund quant trader).</p>

<p>I didn't think it would matter much either until I actually met someone who is a UPenn grad at my internship last summer. This school will open doors like no other.</p>

<p>If you want to go i-banking, then UT works fine (many UT placements on the street). There's no real reason to pick Wharton over UT if UT is offering large scholarship.</p>

<p>However, if you're interested in uber-selective jobs like a numerical analyst / private equity jobs analyst positions / Google/Yahoo/Microsoft as a engineer (go figure, the most competitive).......it will be tough to land a position from UT...UPenn would give you a huge leg up. </p>

<p>So in conclusion:</p>

<p>I-banking - then I'd say just go to UT and save the money.</p>

<p>Uber-selective next to imposssible for undergrad to land kind of jobs --- UPENN</p>

28

<p>Right now, I'm getting in-state tuition at UT, and some scholarships, which makes it very inexpensive. However, compared to UPenn, both its finance and BME programs are lacking. I can go to three years of UPenn debt-free, but I think I might want to do a dual degree in BME and finance, so I might need one extra semester, which I think I should be able to pay for with summer internships. </p>

<p>I'm not all that interested in ibanking (I kinda want to have a life), but would a finance degree from UPenn open more doors in a non-wall street markets? Is it worth the extra $120k?</p>

29

<p>actually UT doesn't place that well on the street, I would say it's barely a semi-target. Wharton is THE target.</p>

30

<p>
[quote]
"choosing a school based on "chicks, weather, and outdoor activities" is ludicrous, especially when you are comparing Wharton and UT."

[/quote]
</p>

<p>Really? Why is that? I'd love to be educated by a college sophomore, given the wealth of your life experiences. </p>

<p>I noticed that you are considering law school. Send me a message in 10 years when you finally realize that law sucks and you need to figure out which graduate business school you should attend.</p>

31

<p>"You could apply to the business honors program at Texas, which would make you more competitive, and probably have an excellent chance of getting into."</p>

<p>Hands down, the best option to go. Very inexpensive, won't graduate with any debt, and you'll still get a great program, and tons of opps for banking, accounting, etc.</p>

<p>OP, please PM me. I will give you info about UT finance/accounting and where I personally stand on the subject.</p>

32

<p>"actually UT doesn't place that well on the street, I would say it's barely a semi-target. Wharton is THE target."</p>

<p>Sorry to double post, but this is not true. ALL the banks recruit at Texas and I personally know several people who have been placed into the top groups on Wall Street consistently. While Wharton is THE target, and UT is a weak target, or semi-target, if you're bright, and have the skills to go to Wharton, it won't matter where you go. IMO, if you're bright, you don't need some Ivy league or Wharton degree to validate yourself. The degree doesn't make the person- the personality, ethic, etc. makes the person. If you're good, I PROMISE YOU, people will find you.</p>