Ok so right now I have a 4.4 gpa through our high school I’m in like 4 or 5 honor societies I’m gonna have 2 years of a future business leadership of American treasurer position 4 years of a church leadership position, right now I have 2 years of school basketball too debating on playing this year and senior year to maintain high academic feats to get a merit scholarship.
I’m trying to get into investment banking and want to know what schools I should go to, I live in Jersey, and can only spend up to 50 a year in total cost for college.
I’m curious to know which colleges I should apply to get a good shot at an investment banking position.
I had a 4.2 in freshman year, a 4.7 sophomore year, and I’m projecting a 5.3 junior year
Another question I have is, would playing basketball this year and senior year worth a little gpa drop, as in would playing a varsity sport with a high gpa at a respected high school increase scholarships or not? Sorry i know this is a lot of information if you know anything about it please let me know
Check out Wall Street Oasis forums for good info on IB, PE, etc… for IB, you have the Ivies and Wharton, amongst many others.
Thanks, I’m aware of the ivies and clear target schools like NYU, but im not sure if I can get enough money from those schools were total tuition would be at or less than 50k a year.
Big Rosh21, if you qualify for financial aid, many universities will offer you generous packages.
^ if parents can afford 50k a year it’s dubious op qualifies for much, if any, financial aid, as this typically indicates a family with a 200k+ income.
What’s your unweighted GPA?
Which APs (or equivalent) have you taken?
Have you taken the PSAT or have practice scores?
An obvious affordable safety for you would be Baruch Honors.
Rutgers and TCNJ would both be near safeties, but getting into Honors would be quite competitive.
After that, look into Hamilton, Middlebury, Colgate, Bowdoin.
IU Kelley school of business has a fairly competetive IB workshop. Depending on your test scores you could get direct admit to Kelley and then apply for the IB workshop January of sophomore year.
pretty much the us news top 25 and then check out poets and quants. The top 20 undergrad business schools there also have a fair amount of ib recruiting.
@MYOS1634 i meant 50k a year with loans that would be manageable to pay off later my sibling currently goes to UMD a little less than 50k a year but taking 20k a year in loans. As my parents are growing older they said they can pay 20-30k a year themselves and the rest would be loans
Don’t do that to your parents! First, if they already have your sister’s, they may not be eligible for more - and even if they are, if they’re growing old, they would have to delay retirement… Except often that’s not possible because layoffs may target older workers or they get sick…(after age 60 your body just plays tricks on you, and past age 65 it just hurts all the time for the finest reason, you get really tired quickly, your muscles weaken, etc.) … So, if your parents are over 50, taking an extra koan they’ll pay off later is not reasonable and a horrible thing to do to them.
So, your budget is about 20k a year, plus 5.5k in federal loans (for you), plus whatever you can save from your job, plus whatever scholarships you can get. That’s a decent budget.
What’s your EFC?
(If you don’t know, calculate it right now and report back).
Run the NPC on Hamilton, Middlebury, Rutgers, TCNJ, Baruch, Villanova, IU (Kelley). Which ones are “within budget”?
How many years will your sister be in college at the same time as you will?
@MYOS1634 My brother will graduate college the same time i graduate high school. Also my parents are in their early 50s making around 150 or 160k together in total with over time and everything. sorry im new to the site whats efc and NPC. he also said he is willing to help out to pay for my tuition
Efc = estimated family contribution. The minimum your famy will have to pay.
NPC = net price calculator. A calculator where you input your family’s income, assets, sometimes your test scores and GPA, and learn how much a particular school will coat for your family and your specific situation.
Please go get those numbers now, it’s really important to see where you can go without parent debt.
@jamesk2014- what are poets and quants?
@TheGreyKing Its a very helpful ranking much more mathematical look. Also I talked with staff at my school they felt it was very accurate. https://poetsandquantsforundergrads.com/2016/12/05/poetsquants-best-undergraduate-business-programs-2016/
^it’s THE reference for people interested in IB, VC, consulting, etc.
@BigRosh Ivies and Stern are probably the top of the list for IB. Amongst the ivies, Harvard and Wharton have the best name on wall street.
@jamesk2014, take a look at the P&Q article “Surprise: Biz Grads Underemployed?”. It accurately captures that IB’s today are looking for quantitative analysis skills such as those found from Math, Comp Sci and Engineering majors, as well as communication skills best cultivated at LAC’s. Note that Math majors is exploding at many top LAC’s with it comprising 10% of the students in some instances - Bowdoin, Hamilton, Harvey Mudd and Willams to name a few.
I already know i wont get any financial aid, when my brother applied he didn’t get any money from it
Unless you’re getting recruited for a sport, IMO grades > sports for senior year.
If you’re into small liberal arts colleges, I’d also look into Williams/Amherst if your stats are competitive - from what I’ve read they’re semi to full targets and definitely a tier higher than all the other NESCAC school.
And have a read around on Wallstreetoasis in case you don’t already – here’s a pretty basic thread for target vs semi vs non target schools: https://www.wallstreetoasis.com/faq/what-are-a-target-semi-target-and-non-target-schools.
@Chembiodad Yes, i also recognized us news top 25 (both lac’s and universities) also have ib opportunities. Many schools in these top rankings do not have business programs. However, for a traditional business school experience the top 20 on poets and quants will put kids into ib as well. There is more than one way to skin a cat.
CCThunderfin wrote:
Middlebury as well.
Amherst
Baruch
Boston College
Columbia
Cornell
Dartmouth
Duke
Georgetown
Harvard
Middlebury
NYU
Princeton
Rutgers
University of Michigan
University of Notre Dame
University of Pennsylvania
Wake Forest
Wellesley
Villanova
Yale
Source * College Transitions*