college list for business/finance

<p>i'm going to business major in finance in college and i have a list of schools that i would like to apply to.. but first i would like to know if they are even worth applying to (how the courses are for academics, recruiting, etc.). here are my schools:</p>

<p>Drexel U
Indiana U Bloomington
Marquette U
Michigan State
Ohio SU Columbus
Shippensburg U
Temple U
U of Arizona
Coastal Carolina U
Clemson U
U of Houston
U Nevada Las Vegas</p>

<p>i dont care where i go, i would like to stay under $30,000 for tuition though, and prefer a larger 4-yr university with a good campus life and academics.. but the colleges listed above are colleges in my range, so if any one has any suggestions i would appreciate it</p>

<p>ps - i would like to know the recruiting rate for ibanks to these schools... what i would most likely do is go to one of these schools for my bachelors then move to a bigger city where i can get a job as an analyst.</p>

<p>and when i said "i dont care where i go", i mean anywhere in the US as long as it has good recruiting for ibanks, etc.</p>

<p>I don't know about those schools, but USC has a great program, and they have great financial aid</p>

<p>usc isnt in my range academics-wise..</p>

<p>None of those schools will get the average grad an ibanking job. Do well and transfer to a school they recruit from--ivy, top LAC, top tech school, very top state.</p>

<p>transfer after 2 years? or to get my MBA? because for transferring after 2 years... wouldnt it be just the same as going to a junior college for 2 years and saving money?</p>

<p>Well it's harder to get into a top college from a junior college. Roborock, realize that even at Harvard, maybe the top 10% of grads get ibank offers. It'll be great if you can get into one, but why don't you just focus on doing well in college for now?</p>

<p>alright thanks, so would attending one of those colleges with a finance major be a bad idea? because thats about all the best i can do</p>

<p>Indiana is the best of those.</p>

<p>roborock- do you even know what an investment banker does? These people are usually the cream of the crop from a select group of highly-selective universities. I'm going to assume that since you may not have the most optimal of grades (could be wrong) that i can assume that maybe you didn't dedicate yourself to school (nothing wrong with that). But as an investment banker your life is dedicated to your job for the first three years and I don't see you as the type of person that can make those sacrifices. Why don't you really research the business field and look into jobs other than investment banking and you might be surprised to find out that there are some other positions that maybe can't match the pay of investment banking but could offer less stressful hours and could also help propel you to becoming a good candidate for getting your MBA at a top school (provided you maintained a good GPA, decent GMAT). Afterwards, if you still have your heart set on IB'ing, you shouldnt have much trouble breaking into that field but perhaps you might realize that Investment banking is not the only job out there and see that venture capitalism, consulting, trading, etc. could be a better match.</p>

<p>none of those schools are ibanking "hunting grounds." The one that has the most recruiting for ibanking out of your list is Indiana which still only puts about 40 people out of a business class of like 1,000 into banking. If you want a good chance of getting an IB job go to an Ivy, top LAC, Gtown/Duke/MIT/Michigan/etc.</p>

<p>What state are you currently a resident of? I'd actually suggest attending a community college for 2 years, saving some money and dedicating yourself to great grades, and transferring into a good business school. </p>

<p>If you can get a high GPA from a CC then you could probably transfer into a good business school like UNC - Chapel Hill, Boston University, or your state's business school.</p>

<p>Actually, 27% of Indiana's Finance Majors went into I-Banking. And of that business class of 1,000, only about 200-250 are actually majoring in finance. So while you have that big graduating class, only a small portion of them are actually majoring in finance, and only a small portion of that have people who are seriously looking into I-Banking. Many don't want to work in an environment that I-Banking would put you in. They do offer an Investment Banking Workshop, where basically everyone who goes into it gets a job in investment banking. I know that many top companies came to campus to recruit. JP Morgan hired 20 graduates. There are others too, I don't really know who does I-Banking but Goldman hired 9, Merrill Lynch 11, Lasalle 9, and i'm sure there are others.</p>

<p>yeah I can see why i-banking attracts people for the money, but I'm not sure I'd want to do it. I'm sure there are other jobs that are bit less demanding (hours wise) that will pay a substantial amount and prepare one for grad-school.</p>

<p>
[quote]
none of those schools are ibanking "hunting grounds." The one that has the most recruiting for ibanking out of your list is Indiana which still only puts about 40 people out of a business class of like 1,000 into banking. If you want a good chance of getting an IB job go to an Ivy, top LAC, Gtown/Duke/MIT/Michigan/etc.

[/quote]
</p>

<p>Your figure is wrong.</p>

<p><a href="http://ucso.indiana.edu/cgi-bin/brochures/Finance.cfm%5B/url%5D"&gt;http://ucso.indiana.edu/cgi-bin/brochures/Finance.cfm&lt;/a&gt;&lt;/p>

<p>Out of about 600 Finance Majors 27% ended up in investment banking. That calculates out to be approximately 160 Kelley students headed for Ibanks.</p>

<p>And that is Not including the substantial chunks of Accounting(14%) or Business Economics(13%) Majors who also went to work at Ibanks after graduating:</p>

<p><a href="http://ucso.indiana.edu/cgi-bin/brochures/Accounting.cfm%5B/url%5D"&gt;http://ucso.indiana.edu/cgi-bin/brochures/Accounting.cfm&lt;/a>
<a href="http://ucso.indiana.edu/cgi-bin/brochures/economics.cfm%5B/url%5D"&gt;http://ucso.indiana.edu/cgi-bin/brochures/economics.cfm&lt;/a&gt;&lt;/p>

<p>Of course thats not taking double majors into account, but those are unusual. And I'm referring to the class of 2006 in all cases.</p>

<p>And just to point out, a full Kelley class is 1600 students. Not 1000, probably how you got that number is by looking at the total number of students and dividing by 4. But relatively few Kelley students make it in as freshmen through the Direct Admit program. Most come in sophomore or junior year.</p>

<p>Take a look at these Ibanks doing on-campus recruiting:</p>

<p><a href="http://ucso.indiana.edu/cgi-bin/reportcenter/roundtable_matrix.cfm?pm_action=disp_matrix#0%5B/url%5D"&gt;http://ucso.indiana.edu/cgi-bin/reportcenter/roundtable_matrix.cfm?pm_action=disp_matrix#0&lt;/a&gt;&lt;/p>

<p>So I think it's pretty clear that you don't need to be in the investment banking workshop, or even be at the top of your class, to land an IBank job at Kelley. ( If thats what you want. )</p>

<p>They also just fired up a management consulting workshop:</p>

<p><a href="http://www.kelleyconsultinggroup.com/%5B/url%5D"&gt;http://www.kelleyconsultinggroup.com/&lt;/a>
<a href="http://ucso.indiana.edu/cgi-bin/brochures/Management.cfm%5B/url%5D"&gt;http://ucso.indiana.edu/cgi-bin/brochures/Management.cfm&lt;/a&gt;&lt;/p>

<p>The new consulting workshop is being directed by Dr. Paul Friga who co-wrote The Mckinsey Mind:</p>

<p><a href="http://www.amazon.com/gp/product/0071374299/104-5008642-6543947?v=glance&n=283155%5B/url%5D"&gt;http://www.amazon.com/gp/product/0071374299/104-5008642-6543947?v=glance&n=283155&lt;/a&gt;&lt;/p>

<p>from the list of students that i saw most seemed to be going into back-end ibanking jobs...only about 40 were doing actual front end work.</p>

<p>just look at the resumes of the people in the ib workshop...out of all the resumes on there there was ONE outstanding resume the rest were really ****ty. </p>

<p><a href="http://www.kelley.iu.edu/ibw/resumes/2007/2007_Resume_Book.pdf%5B/url%5D"&gt;http://www.kelley.iu.edu/ibw/resumes/2007/2007_Resume_Book.pdf&lt;/a&gt;&lt;/p>

<p>
[quote]
from the list of students that i saw most seemed to be going into back-end ibanking jobs...only about 40 were doing actual front end work.

[/quote]
</p>

<p>You don't get payed an average of 56k a year plus an average 9k signing bonus to do back-office jobs.</p>

<p><a href="http://ucso.indiana.edu/cgi-bin/brochures/Finance.cfm%5B/url%5D"&gt;http://ucso.indiana.edu/cgi-bin/brochures/Finance.cfm&lt;/a&gt;&lt;/p>

<p>But which list of students are you referring to?</p>

<p>I think you do qwertip, and you should get more than that for a front-office job (IBD 1st year at top banks is closer to 80, with bonus about the same)</p>

<p>
[quote]
I think you do qwertip, and you should get more than that for a front-office job (IBD 1st year at top banks is closer to 80, with bonus about the same

[/quote]
</p>

<p>Nah, that's a bit high. I'm sure that some people make that, but that's not the norm. Average for the 1st year is more like 120-140k (salary + bonus).</p>