Econ at Berkeley vs BizEcon at UCLA

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remaining stagnant

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<p>I know quite a few people that work at UCLA, however they are not part of the career center, nor are they involved with increasing recruitment in any way. But they are faculty, one being the dean of a particular college at the school, and no one has heard of any extended efforts currently going on to increase finance recruitments. They did say that the number of job offers has increased, but from out lying causes - the economy.</p>

<p>Berkley's attempted increase for financial recruitment, more specifically ibanking came purely from an article in BusinessWeek</p>

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Hell, people go and get master's degrees with the express goal of getting a job that doesn't pay-- e.g. the non-profit industry.

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<p>But the employees at these companies are still considered an expense and are still getting paid.</p>

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But the employees at these companies are still considered an expense and are still getting paid.

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<p>Apparently humor doesn't always transmit well over the intarwebs. Whodathunkit? :rolleyes:</p>

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But they are faculty, one being the dean of a particular college at the school

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<p>I'd like to believe you, but I have a guarded attitude regarding statements such as these. I think you can understand why, as you seem pretty savvy as to the makings of the world.</p>

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Berkley's attempted increase for financial recruitment, more specifically ibanking came from purely from an article in BusinessWeek

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<p>Fair enough.</p>

<p>But I don't know that this is what I would call "stagnating." Perhaps I'm being picky about diction, but I see stagnating as not growing at all. Even if the number of offers has increased due to external factors, it's not necessarily stagnating per se, but growing despite a lack of effort otherwise. </p>

<p>And I'm not coming in as the rah-rah UCLA grad. I'm just not willing to be incautious about strong statements about programs anymore. As far as I can tell in my own post-undergrad career, many of these ostensibly large differences end up being fairly inconsequential in the long run.</p>

<p>Of course, I'm not saying that Cal is a bad choice. Nor is UCLA. I just think that with the right legwork and attitude, either one will meet a student's needs. Any statements to the contrary are, in my somewhat humble opinion, just ballyhoo meant to stir the pot.</p>

<p>Your statements are fine. I will never put 100% faith in either. I wholly believe that they are not false, but may indeed be incomplete as they do not directly work with the career center.</p>

<p>And for fact, I would choose UCLA over UCB. I prefer the interaction between both UCLA and USC. In the end i believe neither is a pristine target for ibanking, but A chance is better than no chance and there are certainly plenty of chances at either</p>

<p>Agreed on the not-so-pristine targets.</p>

<p>But I think that this may change as the two top UCs find themselves with increasingly strong student bodies.</p>

<p>Then again, look at Alexandre. He did well from a public (Michigan.)</p>

<p>Granted, he has an MBA. :p</p>

<p>"Please further explain, we are all confused. I buy/sell domains/websites, an at home job after started after"</p>

<p>That is the particular reason why I cannot talk anymore. Building a startup has its good marks and its poor marks. Building a company ground up(in the red to profitable) is a great accomplishment. However, the problem with building companies like this is that everyone sees the same opportunity. A strong market differentiation(if any) and a strong competitive advantage(if any). Thus, I cannot speak further about it to individuals qualified enough to go out and start a similar company. There are even shady professors here and there that will jump onto an opportunity. As my econ professor said, "When someone sees you making money, they'll try to do the same thing." As for the reasoning ofor mentioning SEC credentials, it is a means of determining who would be a candidate for the financing part of a startup. As an owner/executive of a startup, the only people to divulge company details to are qualified investors. You could be an investor, you could be not. The very fact of it is that I don't know and it wouldn't seem likely to meet an investor on this board where the majority are high school/college students. Most SEC accredited investors are between the ages of 45 and 70. They have extensive executive experience and are just plain tired of building companies. They have the money and the knowledge to help startups grow and would like to maximize earnings through ROI with very little effort. Essentially, they are old geezers with coke bottle glasses that have done everything we have 10 times and are still living to speak about it. So my assertion is probably correct. There hasn't been any critique of the company I work for that would amaze me. No one has said anything negative about the way I describe how we do things. And it just seems like no one has any good logical approaches.</p>

<p>Your experience in web2.0 startups should automatically acknowledge that people these days have ditched the gain marketshare while at a lost. It should also tell you that even individuals not qualified to run a department can. IE Tom Anderson of Myspace.com. When there's no income, there's no reason to hire fortune 500 executives. </p>

<p>BTW: Adsense is old news. I would suggest a targeted cookie adserver. Investors are tired of startups saying, "We'll gain 1% percent of the market share which is 100 million impressions per month and convert revenue through adsense." That was myspace's model and it worked because they were able to obtain WAY more than 1% of the market share. The 1% model is like saying we'll shoot for the moon but we might land on earth.</p>

<p>TheMK99: I'm proud of the company that we're building. Of course, I have income on the side and i'm sure that I'm well paid in comparison to 90-95%+ of undergrad students. I'm not worried about money and i'm sure I can pay my way through both undergrad/graduate school.</p>

<p>I agree to a certain extent with UCLAri, look at the intangibles between Cal and UCLA.</p>

<p>However, the i-bank and consulting recruiter pool is a little bit deeper at Berkeley. There are a few banks that only recruit at Berkeley and Stanford on the west coast. This being said, if you have a definite personal preference between the two campuses, that should be your driver.</p>

<p>i sell sites not for revenue from ads, i sell them for the site itself. The revenue is on the side, the sites are gone once i am satisfied with the traffic which occurs in one to two months - hopefully. What you are telling me to do is use cookies to track the whereabouts of a visitor to my site which is useless to me. I am not going to turn my business into a marketing machine nor am i going to technically use spyware to invade another persons environment.</p>

<p>but then again there are some banks that only recruit at UCLA and USC, but i would consider them smaller (wedbush) compared to those you are referencing.</p>

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As for the reasoning ofor mentioning SEC credentials, it is a means of determining who would be a candidate for the financing part of a startup. As an owner/executive of a startup, the only people to divulge company details to are qualified investors. You could be an investor

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<p>I thought you considered yourself a small business rather than a startup (utterly ridiculous in my mind) and you were not looking for funding?</p>

<p>And since when are those accredited automatically entrepreneurs in the field. There is a rather easy monetary barrier that would allow one to participate in alternative investments. </p>

<p>And startups that are actively receiving funding most often have no immediate market to steal shares away. They receive funding because they are new to the market, rather than the same old same old which i participate in. In other countries, investors will clamor in on deals pitched by a good salesman, but not here. How do i know, i have pitched my idea for a full pledged site and was shut down. Great business plan, to much competition, to little experience. It is about traffic, market share will be an extension of the buzz and interest the "new" app/site/service has created. Take a look at the majority of companies that recieved significant funding, and most often it will be a company that has written an exciting new internet based software. This year the internet will be lost and it will be about desktop based apps</p>

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No one has said anything negative about the way I describe how we do things. And it just seems like no one has any good logical approaches.

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<p>you have really said nothing valid for anyone to criticize besides your continuing gibberish and miss use of terms making it even harder to understand.</p>

<p>From your first post on this site, you pointed out that you are a cc student wanting to transfer the the upper echelons of the uc system. Fair enough. You then bombarded me with the facts that Riverside is a quaint area full of huge, brand new homes (lets not forget the 300 plus different gangs that inhabit the area) From these i have concluded that you attend RCC, in which your economics professor is a teacher at this institution. And if this is true, you would be stupid to head all of their advice. They may be knowledgeable about the classes they are teaching, but know little to nothing else. I have asked questions of all of them, questions regarding intermediate economics and game theory and they sent me on a maze to each professors office. In the end i came up with nothing.</p>

<p>you guys are funny.</p>

<p>how is USC. No harm in asking as this thread has been thrashed already</p>

<p>Southpasadena: So essentially, you sell adsense sites like people in india. Trying to sell "The American Dream" to people.</p>

<p>"I thought you considered yourself a small business rather than a startup (utterly ridiculous in my mind) and you were not looking for funding?"</p>

<p>Reread previous posts. We're seeking funding at a later stage. Different business, I think you're confused. Remember the web2.0 startup?</p>

<p>"And since when are those accredited automatically entrepreneurs in the field. There is a rather easy monetary barrier that would allow one to participate in alternative investments."</p>

<p>They aren't but since when do startups tell non-investors about a business and how it works? Com'on man, I know how to qualify an investor. Each investor has his/her own specialty, durr. Early, late, mature, 200k, 500k, 1mill, 5mill etc. But if you already know that, then why ask me so many questions about my biz? In addition, if you're so well versed in b-plan writing, didn't it ever occur to you to use google to see if there is competition? That's like trying to build the first online dogfood store because you can cut prices 20% and then forgetting that it'll cost you 100% more to ship the damn 50lbs of dogfood. Don't critize me for protecting my trade secrets.</p>

<p>"This year the internet will be lost and it will be about desktop based apps"</p>

<p>Are you joking? Internet stocks are up. Domestic tech is down. Why? The internet is global, small application programmers are domestic. With a recession and inflation on its way(fomc is raising rates at the next meeting), there's less range for profits from desktop programmers. Since we're talking about startups, i'm assuming you believe desktop programmers will be able to rival microsoft. That's shi-ttake, I wouldn't put all my eggs in your ill thought of speculation. I have been actively participating in the tech investing community for years. And been a techy since the age of 12. Amazed by the capabilities of MS DOS at the age of 8. I have known that I will work in the tech industry regardless of what I do with my life. Its something that naturally draws me in, passionately. So I ask you, "What is the basis of your tech speculation, if any?"</p>

<p>EDIT: internet based apps, i would assume a smart person could have discerned my mistake. People are not always connected to the internet...DUH, thus the upcoming arrival of hundreds of internet based apps that can be used offline.</p>

<p>I do not sell sites to people in India, rather i do the leg work for those to lazy to get their hands dirty. </p>

<p>I am surprised you have been a techy since the age of 12 and a fan of a wonderful command line interface, but you still can't create a simple quote on a web forum.</p>

<p>And tech is booming, but perhaps if you checked today, the industry as whole is down over 10% (software only)</p>

<p>"internet based apps, i would assume a smart person could have discerned my mistake. People are not always connected to the internet...DUH, thus the upcoming arrival of hundreds of internet based apps that can be used offline."</p>

<p>Oh man, you're just drowning yourself in a pool of pity. People are always connected to the internet. Hotspot deal makers, wifi, motorola que(broadband access anywhere your phone has reception). Dude, you must be dreaming if the internet will be dead. If anything, it should be titled the 8th wonder of the world. Have you ever thought that as broadband companies age, they'll be able to cut costs and maximize benefits? I have been on the internet for almost a decade since 9600kbps modems were industry standard and it was $19.95 a month then, and still is today(basic dsl/cable). I been there when ebay was nothing more than a directory listing(similar to the yellow pages) of a bunch of auctions. I been there when google was in the red for almost 4 years before releasing a $100/share ipo(old reports will say $94 but its wrong, I witnessed it). Get lost man. The internet is staying with us. Do you have any knowledge of how applications work? If it works offline, that means the data is computed on your very own system. Thus, it is basically a downloadable application since all the files that are needed to run are on the end user's system. An internet based application works while the system is online(connected to the internet). The server processes selective data and spits it to the end user while the core processing unit is on the system(today's technology). If the user is offline, how can it be an internet based application? All the data to support the application is already downloaded to the enduser's computer. Dude, you make no sense whatsoever. And you're saying that I talk gibberish?</p>

<p>Don't try to refute this with "oh the inet based app will have a special key to unlock the program thus the user must always login to start the program." Durr, that's already used today, and extensively. It is the best means of protecting against piracy, not the way to kill the internet.</p>

<p>you seem to have fallen behind, ever wonder why google's series of online productivity apps have not been a great success. </p>

<p>But rather we should answer these questions</p>

<p>I understand that one of your business was a webstore
one was an ebay store
According to you this magnificent venture of yours is 6 months old, yet 3 months ago you were only in the process of working on the business - working being a word that can be considered differently from my point of view and yours. Please explain</p>

<p>So did you buy google's share when it was released?</p>

<p>Southpasadena: Notice that I'm not a co-founder. There's your answer to when I started working on this venture. And notice that the others are small businesses in saturated markets(small businesses that won't seek funding). That's where my extra income comes from. Don't change the topic from your ill researched speculation.</p>

<p>As for google. I'm just concerned with their phenomenal gains this month. It obviously shows that the internet sector is still strong when companies like Oracle, Dell, and Microsoft are stagnant.</p>

<p>"I do not sell sites to people in India, rather i do the leg work for those to lazy to get their hands dirty"</p>

<p>Never said you sold websites to people in india. Said you sold sites like people in India. Reread previous post.</p>

<p>"So did you buy google's share when it was released?"</p>

<p>Thanks for asking another personal question. Good way to veer off of your ill researched speculation. We were debating your speculation. What happened?</p>

<p>I'm going to stop replying to your posts now because it seems like i'm the one teaching you new tricks, while you're just asking questions.</p>

<p>"I am surprised you have been a techy since the age of 12 and a fan of a wonderful command line interface, but you still can't create a simple quote on a web forum."</p>

<p>Maybe I don't want to waste the time of writing to additional lines when I could just cut/paste and still get a similar effect. Go manage your time more effectively and come back to me.</p>

<p>If you have been working on this venture for 6 months, why was it never noted in you previous posts (there are several), yet you did note your 3 business, one which was in the works?</p>

<p>Maybe i am not clarifying enough. There is a middle point where online apps and desktop apps need to meet, and it isnt being met. Every company with a major online presence is working to fix this. Desktop in my terms refers to a usable interface that does not require a web browser to be open. But obviously you want the go anywhere be anywhere ability of the internet, you want the freedom, you want it free, but most want the ability to use it apart from the web browser. So there we are. Confusing as it may be, a techy such as yourself should be able to understand</p>

<p>Why would they actually want to blend the two together....DUH again, so they can actually be competitive against Office....difficult as it is to understand, try and it may come together</p>