<p>OK quagmire, I agree with you there.</p>
<p>For those who are thinking about IB, here is one sobering statistic, out of 900+ graduates at HBS this year, only 3 received offers from GS this year.</p>
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</p>
<p>How is that a sobering statistic? If you had the resume to get accepted to HBS, why in the world would you want to go back to banking after getting your MBA? Most Harvard bschool grads are looking to get jobs in PE, VC, HF, corporate dev, and business strategy -- very few are actually looking to return to banking.</p>
<p>
[quote]
Nightmare on the Charles</p>
<p>Hell Week -- or recruiting week, as the last few days in October are more formally known -- has come and gone. But many business-school students are still anxiously searching for job offers in these troubled economic times. For some, Hell Week was filled with a dozen interviews and company dinners every night. Others were able to secure only a handful of interviews and even found that some of those were canceled as companies pulled out of the recruiting process. By week's end, students began to sound deflated. As one put it to me, "I feel a bit like a punching bag."
[/quote]
</p>
<p>
[quote]
How is that a sobering statistic? If you had the resume to get accepted to HBS, why in the world would you want to go back to banking after getting your MBA? Most Harvard bschool grads are looking to get jobs in PE, VC, HF, corporate dev, and business strategy -- very few are actually looking to return to banking.
[/quote]
</p>
<p>Oh ??</p>
<p>Pray tell, how do you know??</p>
<p>Banking is only really considered a lofty goal for undergrads at non target or semi target undergrad schools. Top MBA students generally aim higher. ie major hedge funds, top private equity funds, venture capital/startups or roles in corporate development.</p>
<p>Right, all those IB associates,VPs, MDs, all came from undergrad schools. None of them have MBAs. </p>
<p>From Wharton's website</p>
<pre><code> Number % Accepted
</code></pre>
<p>Financial Services 306 47.7%
Diversified Financial Services 29 4.5%
Hedge Funds/Other Investments 22 3.4%
Investment Banking/Brokerage 164 25.5%
Investment Management 46 7.2%
Private Equity/Buyouts/Other 39 6.1%
Venture Capital 6 0.9%</p>
<p>Look at the percentages of 2008 grads went into IB vs. HF, PE , VC's.</p>
<p>Well, come to think of it, my S did make associate without an MBA. And he is at a PE shop now without an MBA.</p>
<p>God forbid you choose Stanford over Brown, Dartmouth, or Cornell.</p>
<p>What are you babbling about, cbreeze? Those are statistics for undergrads not MBAs. Here's Harvard Business School's recently released statistics:</p>
<p>Career</a> Hiring Data - MBA Recruiting - Harvard Business School</p>
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[quote]
Those are statistics for undergrads not MBAs.
[/quote]
</p>
<p>Have you checked??? Did you do due diligence?</p>
<p>2008</a> Wharton MBA Career Report</p>
<p>
[quote]
Most Harvard bschool grads are looking to get jobs in PE, VC, HF, corporate dev, and business strategy -- very few are actually looking to return to banking.
[/quote]
</p>
<p>According to your stats, the biggest percentage went to IB, after PE.</p>
<p>hey- so I go to Johns Hopkins and I really want to work at a BB this summer. I'm a junior econ major with a 3.90 GPA.. how important is the GPA? I used to have a 4.0 but took 18 credits last semester and ended up with a 3.90 now. Is there a huge difference between someone who has a 3.9 and a 4.0?</p>
<p>No, remember that a high GPA is expected but other things like experience matter.</p>
<p>A 3.9 is just fine.</p>
<p>is there any significant difference between a candidate who has a GPA between 3.6 and 3.8, and a candidate who has a 3.9, in terms of how those candidates are viewed by recruiters/employers? What if a candidate has a relatively difficult major, such as math ?</p>
<p>what about a school like wellesley?</p>
<p>and do they take your first semester GPA into account? what about high school GPA?</p>