<p>If you have undergrad or mba questions about majors, recruiting, which job offer to take, etc, post here and I'll try to give you the point of view of someone who's been there.</p>
<p>Hi, thanks for taking the time to post on this board.</p>
<p>I’m a prospective student and was directly admitted to Kelley so I am strongly considering it. However, I have heard that most of the ‘good jobs’ (I want to work in IB) are only offered to those in the IB Workshop. So, if a student isn’t in one of those workshops, are they screwed as far as working for a BB? </p>
<p>Thanks</p>
<p>What are the job opportunities like for undergrads? Specifically, do people get jobs outside of Indiana, like NYC, etc.</p>
<p>kp217, many banks come to IU during spring semesters to interview juniors for summer investment banking analysts, including this spring BAML, Goldman Sachs, JP Morgan Chase, Moelis, Perrella Weinberg, UBS, William Blair. The big hurdle in getting into IB is getting the interview that gets you the summer internship, and a lot of Kelley students who are not in IBW secure these interviews. Last October, Bank of America Merrill Lynch actually invited individuals from the Hutton Honors College with ANY major who were juniors and had a 3.8+ gpa to apply for summer analyst positions. It’s pretty impressive that a company like that would recruit a school’s non-business majors for summer analyst internships.</p>
<p>colemp, more than half of Kelley 2010 grads in finance and accounting got jobs in Illinois (overwhelmingly Chicago) and the Northeast (probably mostly NYC and Boston). The percentages for Illinois and the Northeast for other majors is much lower, except for business economics and public policy majors, half of which got jobs in Illinois.</p>
<p><a href=“https://ucso.indiana.edu/cgi-bin/brochures/academic.cfm[/url]”>https://ucso.indiana.edu/cgi-bin/brochures/academic.cfm</a></p>
<p>I guess us alums who respond on this thread should identify ourselves so future readers can tell who is who, and what stage in post-college life they are at. This way readers can understand the different perspectives. </p>
<p>BS Finance - IU 1999
MBA - Purdue 2002
MS Ind Engin -UFL 2004
Current job: Consulting (Principal Level)</p>
<p>Kp217: It’s important to separate on campus recruiting vs independent job search. I don’t know much about those workshops, but the first time you’d even be looking to get into an internship is the summer after your Jr year. So you have 3 full years to strategize and plan to maximize your odds of getting interviews to whatever you want. Those freshman who are on this board asking these questions are at a HUGE advantage because they have the benefit of time on their side. Time to join the “right” clubs, attend the “right” events, etc to get into those interviews that they want so bad. In short, there’s very little you could do in your freshman year to “screw up” you master plan of getting a job in any industry (except you can screw up grades!)</p>
<p>Colemp:
The thing to realize is that every placement office at every college will overwhelmingly attract companies that are looking to place people in that region. Why? Because managers don’t like to fly across the country to interview for positions when there are equal/better schools within a 3 hr radius. But with that said, yes there is always the 10-20% of new grads that get jobs through the bus placement office that take them out of the tri-state area. Note, this more likely to be somewhere like VA, NC, SC, TN, or MO, than it is to be the coasts.</p>
<p>Actually, if a student is looking at the Investment Banking Workshop, he wants to do an internship summer after sophomore year, because members of the workshop are selected during the first semester of the junior year and a finance internship looks good to the selectors. Students that don’t have sophomore internships often take finance classes in London during the summer after their sophomore year. You can get an idea of internships/London finance courses from the resumes at the IBW website. The posted resumes typically include information for students just beginning their Junior year, although there are exceptions to this.</p>
<p><a href=“The Investment Banking Network at Indiana University: Error On Page”>The Investment Banking Network at Indiana University: Error On Page;
<p><a href=“The Investment Banking Network at Indiana University: Error On Page”>The Investment Banking Network at Indiana University: Error On Page;
<p>Here is a timeline for getting into the workshop. It also mentions the Investment Banking Seminar, which is a program offered for seniors.
<a href=“Finance | Finance | Indiana Kelley”>Finance | Finance | Indiana Kelley;
<p>i am also considering kelley as an option for next year. what can be done the summer between high school and college to prepare for something such as the ibw?</p>
<p>My suggestion would be to either get a job (preferably related to finance, but that is difficult for a high school senior and a regular job would be fine as well) or take a couple classes at a community college to make your schedule earier when you get here (easier schedule hopefully translates to better grades).</p>
<p>Maybe read a book or two on finance as well (my suggestions would be The Big Short, House of Cards, and Barbarians at the Gate they are interesting reads).</p>
<p>well i’m hoping to get a lot of credit going in with ap. in terms of taking classes at a community college, would it be wise to take an accounting course or should those be taken at the university?</p>
<p>I came into IU with a lot of ap credit as well and still took classes at a community college full time during one summer. I will actually be taking my final gen ed at a community college this summer after IU ends and before my internship begins. It is always smart to make things easier on yourself going forward.</p>
<p>I took both intro to financial and intro to managerial accounting at a cc and I was very prepared for my 300 level accounting classes at Indiana.</p>