<p>I am a freshman at Umass... not exactly a target school, hopefully I will be transferring to Northeastern for next year. My chances of getting into I-banking are pretty weak, what are some alternatives I could plan on?</p>
<p>transferring to northeastern will not improve your situation</p>
<p>There’s always McDonald’s.</p>
<p>Why is it always McDonald’s and not Wal-Mart or something similar?</p>
<p>Your chance of getting into I-banking is 0 because you already gave up. You always make a plan b but plan on plan A.</p>
<p>Your options range from unemployment to where ever you imagination will take you.</p>
<p>Don’t give up just yet. Yes, it is true that northeastern will not really be helping you. I know it may not be possible, but if you can, try to transfer to a better school where banks recruit at. But if you can’t, then what you need to do is network your ass off. I suggest browsing mergersandinquisitions.com. It has a TON of great material on investment banking, including case studies on how people have networked their way in from no-name schools with low gpas and no experience. Definitely a worthwhile read - there’s material on that site that will keep you occupied for days.</p>
<p>If you can’t get into banking, I suggest doing something as closely related that you can possibly find. I.e. other jobs in finance (private wealth management, asset management, research, etc.), smaller management/strategy focused consulting, or corporate finance or business development at a large company. But again, check out M&I. Don’t give up on banking.</p>
<p>i had a 3.8 so if i stayed another year i could maybe get into stern or something, but there’s no way i can stay here</p>
<p>i wanted to go to northeastern because they have the co-op program, for now i am hoping i can get a lot of good internship experience. is S&T as hard to get into?</p>
<p>Don’t look to alternatives just yet - look to boutique unpaid opportunities, try to build your resume, keep your GPA up and always think networking. Networking will definitely help you to break through far more school barriers than you’d think. Good luck and PM me if you have any other questions.</p>
<p>IBanker</p>
<p>Go to a top tier MBA down the road. That’s honestly your best bet. I’ve known Umass undergrad alums with Harvard MBAs. Just try to get the best work experience possible and kill the GMAT.</p>
<p>If you have a shot at Stern, I strongly suggest going for it.</p>
<p>Yes, S&T is as hard to get into. </p>
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<p>Easier said than done</p>
<p>^of course. But it’s more likely than getting into IB out of UMass w/o any connections.</p>
<p>i am hoping i will get some internship experience, so i will probably make some contacts. </p>
<p>i’m assuming it is ultimately possible to get into a investment banking if you went to a school with a top 50 undergrad business program (northeastern - 28), i know it is easier from a target, but it is possible from my situation right?</p>
<p>It’s very hard. Only the top 5 or 6 business schools are even considered targets or semi-targets. Banks actively recruit at those few schools (plus many schools w/o undergrad business programs). If they don’t recruit at the school in question, it’s very very hard.</p>
<p>i’m pretty sure theres a backdoor way to get your MBA from HBS, harvard extension school or something like that, does that look prestigious or does it count less?</p>
<p>Take this advice HRF112: Consider transfering to UPENN or Columbia School of General Studies. From there, arrange to talk to an alumni about the industry that you desire to work in, before you consider applying for internship opportunities. The economy is very bad right now. So be very careful when deciding what college to transfer into.</p>