<p>ok thanks for the info!
also (i live in the dallas area) i was wondering if its possible to get an unpaid internship at a firm (pwm) this summer
even if i could, is it useful or just a waste of time (i know i wont get anything more than grunt work but i was wondering if having a name and some interest shown is worth it)?</p>
<p>How are you double majoring in AEM and a STEM field? Is it a biological science within CALS? I’m currently a freshman math major and applied as an external transfer to AEM for next fall, and if I get in, I’m planning on pursuing a concentration in finance or accounting. However, I’m in very high level maths at the moment (partial and ordinary differential equations, multi-calc, finishing linear algebra honors last semester) and would like to continue to pursue math if that’s in any way possible. I was relatively certain that Cornell doesn’t allow for majoring across schools.</p>
<p>@chess2520
It can be helpful though not necessary. If you can intern at a position that’s atleast in some way related to finance, it would help your resume a lot in trying to get freshman/sophomore IBD programs. I know JPM has a freshman IBD program, and a couple of banks have sophomore programs (JPM, MS, BX, etc.)</p>
<p>If I were you, and you already know for sure that finance is what you want to do, I’d try to see if
- your parents have any friends in finance that could use some unpaid help
- Reach out to BB PWM offices in Dallas to see if they could use some unpaid help (BAML, etc.)
- Worst comes to worst, start cold calling boutique investment banks/hedge funds/private equity funds/‘insert financial services company here’</p>
<p>Otherwise, just enjoy your summer.</p>
<p>@laurenbrittany
I’ll pm you to tell you a bit more about my situation since I don’t want it all over the forum.</p>
<p>My older kid didn’t have any meaningful internship until sophomore summer/junior fall. As mentioned by CJ, I wouldn’t worry about it. My kid did do resume drop at CS and MS even though they didn’t recruit on campus. She received offers from those firms.</p>
<p>Jut to add to what oldfort said:</p>
<p>I want to reiterate that you definitely don’t need an internship this summer, like I said in my original post. </p>
<p>I just had those suggestions for those kids who know to the bone that they wanna be in finance.</p>
<p>(Example: A friend of mine comes from a family of financiers, and he knew he wanted to be a financier in some capacity from seeing his family members work/having legitimate exposure to various aspects of the field)</p>
<h2>Unless you’re like this, I strongly suggest you just enjoy your summer. You’re only young once.</h2>
<p>Also, like oldfort said, you definitely still can receive offers from firms that don’t recruit oncampus at Cornell. (I had multiple interviews with several top banks that don’t do OCR at Cornell.) However, I had to reach out to Cornell alumni working there in order to even get into the recruiting pool.</p>
<p>However, I want to reiterate that you’re definitely at a disadvantage coming in as a non-core candidate IN MY EXPERIENCE (yours may vary). I know from my conversations with oldfort that her daughter was a strong and qualified candidate so I’m not surprised that she got offers, but the numbers are just against you.</p>
<p>OCR:
300-400 cornell kids resume dropping
first round oncampus candidates: anywhere from 10-30
final round oncampus candidates: anywhere from 5-10</p>
<p>Non-core:
You’re competing against ALL non-core schools for a first round & you pretty much need someone on the inside pushing for you to even get a first round interview.</p>
<p>Also, first round is usually a phone screen, where it’s a lot harder to connect to your interviewer considering you’re just another phone screen, IN MY EXPERIENCE (once again, yours may vary). (I don’t do well in phone interviews/am much stronger interviewee in person. There’s just so many nuances that don’t translate to the interviewer when you’re a faceless voice).</p>
<p>Finally, a lot of the non-OCR banks I interviewed at only had one superday/final round for ALL non-core candidates. So you have to be top 10-20 for ALL non-core candidates with banks like this. Once you’re actually at the on-site superday, you’re not disadvantaged at all, but getting to that is a lot harder.</p>
<p>In terms of sheer number, it’s just so much harder coming in as a non-core candidate.</p>
<p>ok thanks for the info guys!
ill probably just get a tutoring job or something and not worry about it, seeing as im interested in finance but not sure about it</p>
<p>@CornellJunior</p>
<p>Sir, the real world has you deal with many otherwise considered “belligerent or obtuse.” If you don’t like this you may want to reconsider IB and look to pitching annuities for Fidelity or something. I write to inform you that your pontification has found receptive eyes.</p>
<ol>
<li>You can be majored in anything to be in IB. You don’t have to sell yourself on a sector in the capital markets, especially for a Summer Internship. Shame on you for informing people otherwise. Look at IB placement for ILRies (despite my opinion of their major). My good friend landed full time IB and got in 2+2 at HBS. No matter how irrelevant your major you can pad your resume and still sell yourself. This is advice an MD gave to some kid an info session.</li>
<li>Centerview & Evercore comparable to BB’s? Are you having a laugh? Lazard is the only exception where I got offers from them and Barclays and would have taken Lazard if I didn’t have what I have now.</li>
<li>The best advice I have for IB prospectives is to get off this thread and head to Wall Street Oasis or Mergers & Acquisitions. OP raises some valid no-brainers and an equal amount of fluff talk. Keep on hustlin’ OP. Real world has been good to me and I love where I am.</li>
</ol>
<p>unibames - in the spirit of keeping this thread respectful and informative, let me give your thread a bump, which now is in the third page of this forum.
<a href=“http://talk.collegeconfidential.com/cornell-university/1451439-ask-me-anything-about-cornell-13.html[/url]”>http://talk.collegeconfidential.com/cornell-university/1451439-ask-me-anything-about-cornell-13.html</a></p>
<p>Thanks for the bump oldfort. Care to share the last time someone gave you a bump too? Can you get your daughter posting on here too?</p>
<p>IB business, and many other business, has changed a lot in the last few years. Employees are required to go through annual trainings for sexual harassement, information security, bullying at work place. The days when one could say and write whatever he/she wants is long gone. People tend to stay away from anyone who may appear to be belligerent, obtuse or boorish because there is no upside for them to be associated with anyone like that at work. Every IM, email, even phone calls are tracked and backed up. If you don’t think insensitive remarks are reported, think again. Finance firms are under a lot of scrutiny now due to last few years’ bad press. Recruiters and hiring manages tend to shy away from applicants who could potentially not portray their firm in a positive light. A first year analyst at my kid’s firm was asked to leave after he/she twitted something inappropriate. This analyst’s father was a well known BB CEO. Another employee held out a sign to protesters outside of the firm and was caught by a press, the employee was dismissed.</p>
<p>As CJ has posted, AEM is a small program, he/she is trying to post without revealing too much information about him/herself. I would advise @Unibames that you may want to consider that. If you should be fortunate to get a job someday, you should consider what you say to people at work. You may think you behave/speak different IRL, but I don’t think people are different IRL than on the internet, so what you post here may come back to haunt you. </p>
<p>I find most successful people are also the most humble people. To be successful, you can’t do it on your own, you need your colleagues, senior managers, and even friends’s help. At work, no matter how much money you make for the firm, if there is enough negative press about you, senior managers may decide it is more beneficial to let you go. I don’t know CJ or Unibames IRL, but I know who I would give advice to if asked. Think about that.</p>
<p>I’m planning on completing the AEM minor for engineers, so I have to choose between AEM 1200 (Intro to Business Management) and AEM 2400 (Marketing). Do you recommend any class over the other?</p>
<p>@CornellJunior - I’ve received your PM, thank you so much for the information! I will definitely look into what you suggested. I would have replied over PM, but since I haven’t made numerous posts on CC, I don’t meet the minimum post number requirement to access message privileges. Again, thank you.</p>
<p>@mytuesdaysmile
Both were absolute jokes, but I’ve heard AEM 1200 has gotten a lot harder since I took it in terms of busywork.
I don’t know if Marketing is still being taught the same way, but when I did, it was entirely prelim based and the prelims were entirely practice test based. Joke A/A+</p>
<p>@laurenbrittany
Glad I could help!</p>
<p>@CornellJunior
Ahh, I see. Is there a difference in the type of homework given then? For example, is it mainly problem sets or are there projects? Sorry, I don’t really know how classes in AEM work.</p>
<p>@mytuesdaysmile</p>
<p>When I took it, AEM 1200 and 2400 both had no hw from what I remember. Entirely prelim/final based.</p>
<p>AEM 1200 had an optional 4 person group project that you could do if you weren’t happy with your grade.</p>
<p>Thanks guys. This has been a great, informative thread, especially for someone debating whether to use ED on Dyson (NY tuition a big plus). I wish Dyson would make the course load a little harder. I might read it wrong… reputation of slacker major (if there is) not good in the long-run.</p>
<p>@powergoose
I’m going to have to disagree with you. I don’t think being in a slacker major really defines who you are.</p>
<p>I’ve probably talked to over 20-30 AEM alumni (in addition to another 30-40 Cornell alumni who weren’t AEM) in the past year working in various capacities working at F500, corp dev, private equity, hedge funds, etc in order to figure out what kind of career aspirations would fit best for both my personality and interests. </p>
<p>The vast majority of AEM alumni were extremely intellectually curious and well-spoken/deep thinking.</p>
<p>In the end, you’re you. Your undergraduate degree doesn’t really define who you are.</p>
<p>I was just accepted as a sophomore transfer to Cornell AEM this morning - I am SO excited!! Thanks for all your help again, this is lovely lovely lovely. :)</p>
<p>Congratulations. Good luck next year.</p>
<p>Congrats Brittany. Are you going to look into the double major I told you about?</p>