Does Undergrad College Matter? [Business Schools]

<p>Does the ranking of the college for which you got your undergraduate business degree matter when applying to a Graduate Business School? Or is it down to your GPA & GMAT?</p>

<p>Would i be ok going to Northeastern U, getting high gpa (3.7/3.8) and GMAT (hopefully) and then applying for the likes of Sloan, Harvard, Warton, Kellog etc.?</p>

<p>Would i be in with a chance?</p>

<p>Business school admissions largely depend on the quality of your work experience (you’ll likely need 4-5 years). You’ll be more likely to get the kind of prestigious jobs that business schools like out of a top undergrad. However, certainly the school alone won’t be fatal. And having an UG degree in business is not an advantage for getting an MBA.</p>

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You need to do a lot more research into how people get into an MBA program. First off, it does not require an undergrad business degree; in fact I’d say the more prestigious the MBA program, the less likely people are to have an undergrad business degree.

You’re mistaken here too. It is not like applying to law school where grades, scores, and to an extent where you went to college determine acceptance. Work experience is paramount.</p>

<p>Im not talking about an MBA, im talking about Masters in Finance…</p>

<p>What would be a good undergrad before i get work experience?</p>

<p>Sloan is the only one of the bunch you mentioned that offers an MFin (for the time being at least)</p>

<p>I would suggest majoring in math, physics, engineering (maybe econ) or the like if you are interested in a master of finance. One the the key things they look for is quant skills, which you will get much more of in a more “hard” major than business. </p>

<p>If I could do UG over again I would have done a math/econ double major, instead I did a BSBA (very foolish of me).</p>

<p>Do you think majoring in Business administration and minoring in Economics is a good option ?</p>

<p>what about double major in business administration and economics
?</p>

<p>sure, just keep in mind that if you plan on grad school the undergrad business education is pretty much a waste, learning a hard skill would serve you well</p>

<p>^^ Yes, but I want to get a higher GPA more easily and actually have fun in college instead of studying Engineering all the time and ending up with 3.0-3.3 … :)</p>

<p>hah, very insightful comment, sounds like your head is in the right place</p>

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<p>It’s sad that the exit opportunities of an education are valued so much higher than the actual education itself nowadays. </p>

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<p>Call me crazy but you could always take a difficult major, try in school, do well and still have a social life. I know kids who were in “upper tier/party fraternities” in college who majored in things like physics and engineering, and I went to a top 10 school. </p>

<p>As far as majoring in business and econ, the econ double major (or the business double major for that matter if you were just to do econ) will give you little/no advantage in your job search, and absolutely no advantage in graduate school admissions.</p>

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<p>Seeing as how this is the “Business School - MBA” forum, I don’t think it was wrong of anyone to assume you were referring to the MBA, especially since only one of the schools you mentioned offers a MFin program, and you mentioned wanting to “do well on the GMAT”, which is irrelevent for MFin programs since admissions into those programs requires the GRE. </p>

<p>As far as your question goes, a degree in Business Administration would put you at a disadvantage when applying to MFin programs. As storch said, they often look for students with much stronger quant abilities from majors such as economics (sometimes), engineering, physics, or math (these latter three primarily). </p>

<p>I suppose an exception here is the Finance Concentration at Princeton under the AB Economics program which is traditionally a strong feeder into the MFin program at Princeton, but even then this concentration is much more math based than a Finance major/concentration at the standard UG Business program such as Cornell AEM, Wharton, or Haas (I would not extend this generalization to MIT Sloan however). </p>

<p>Taken from the Princeton website:
“The Bendheim Center for Finance was established in 1997 to encourage interdisciplinary research in finance, primarily from a quantitative or mathematical perspective.”</p>

<p>HI!
I am a sophomore now!
And I am about to declare my major!</p>

<p>I really want to do finance. And economics looks interesting and useful!
I am planing to go to a TOP MBA school. Which one is advantage to go grad school?
I am planning to study MBA right after I finish my undergrad. I don’t want to stay away college for several years and come back to get a degree.
I know that work experience is important. But i’ve seen many people going to grad school with no experience.</p>

<p>Can you give me some advice?
If i get a economic degree, what’s the possible jobs you would be doing?</p>

<p>Finance V. Economics</p>

<p>The party people who major in something difficult and do well are very much in the minority</p>

<p>At least a few of the MFin programs accept the GMAT</p>

<p>re finance v econ:</p>

<p>you will find finance is slightly more practical than econ, and econ somewhat more academically inclined; in my honest opinion, from an undergrad perspective there is not much advantage of one vs the other</p>

<p>thanks!</p>

<p>but which one has more advantage to get into a good grad program?</p>

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<p>Simply put, this will not happen. You will have to do some AMAZING things (ie. starting a multi-million dollar business, start a non-profit, or pull a Soros and break one of the world’s largest banks because you’re that good of a trader). </p>

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<p>Neither will give you an advantage but Finance will most likely be part of a business program whereas econ will most likely be in a liberal arts/arts and sciences school, which are two completely different educational experiences.</p>

<p>Kaide, do you think that ''International Relations and Political Science will put me in a disadvantaged position ?</p>

<p>^ If you’re talking about when applying for the MBA program, then no not at all.</p>

<p>Depending on your school, it might be harder to get a job with that type of major originally. Students in those type of majors normally have to develop the skills required for finance/business internships outside of their own major classes, either in classes or EC’s or internships. However, they normally cannot do this until later in their college careers, which often results in students with liberal arts/social science majors having less experience than business/econ majors. </p>

<p>However, this is not always the case. I do know of many student who were able to break into BBs and other high level business positions with degrees in English, Government, Philosophy, etc. Especially if you attend a target school that does not offer an undergrad business program (basically any target not named Cornell or UPenn), you won’t be competing against students with business backgrounds and thus be at no disadvantage whatsoever. (However, even this is not always the case as I know many non-AEM students from Cornell, particularly Government, Philosophy, and Industrial Labor Relations majors, who go to BB after graduation.)</p>