<p>So why don’t all business majors flock to Atlanta? Where is the business capital of contemporary America located (Hint its not Atlanta). Like I said, look at the top companies too as it is just as important as your salary. </p>
<p>Does local-southern company > Goldman Sachs too then for future prospects? </p>
<p>Okay let’s argue lifestyles.. I guess University of Hawaii beats all as everyone loves Hawaii and it has the best placement of work there. </p>
<p>Like I said, if you wanna argue that local Southern companies > Wall St companies, then fine, which brings me (and other posters) to our points which is that Emory is fine if the South is where you want to be for business.</p>
<p>PS: I was a Merrill Lynch intern, I worked nowhere near 75 hours. It was actually much easier and relaxing than many of my peers’ research/tech interns.</p>
<p>Pizzagirl, You do realize that is the only fact/evidence that exists on the subject. So, by comparing their select ivies and using this data it is a logical next step to demonstrate that people prefer Ivy league schools. Only so much information is available and this data points to my conclusion.</p>
<p>50k does go father in Atlanta, but the opportunities in NYC are also much higher. Sure its more expensive, but in most cases the amount of money your making will make up for it.</p>
<p>Also, I totally agree with Ifecollegeguy–Emory has the regional appeal, but lets be honest if you want to start in business–NYC(wall street) is the place to be.</p>
It’s hard to find proof because no one’s going to survey Emory students and ask them if they’d like to transfer to the Ivy of their choice. Regardless, it’s not that hard to figure out that Emory students would flock to the Ivies if they could. Emory’s atmosphere is pretty similar to the Ivy League schools except it’s less selective. Not only that, but the Emory kids tend to be pretty prestige-oriented. They’re not going to Emory because it’s got a particularly great social scene or something.</p>
<p>Barron: Are you trying to say there is an exodus of Wall St to Atlanta? LoL.
Oh, And Pittsburgh also is #3 Growing Business City but you’ll see a lot of Tepper kids going to Wall St. (A majority as shown by Postgrad surveys) rather than stay in Pittsburgh, and trust me, Pittsburgh is doing everything possible to keep these kids so it is not because they are not getting offers in Pitt (it is quite the opposite).</p>
<p>Lfecollegeguy,
I don’t think anyone is arguing that Atlanta is a better job market than NYC, but I think you are making this a simplistic either/or question and the reality is that plenty of folks could be in either location and make gobs of money and live a happy life. If you want Wall Street, the northeastern colleges will undeniably have a head start, but Emory (and CMU) grads get there as well. </p>
<p>As for your Merrill Lynch experience and one’s expected workweek, it depends on which part of the bank you worked in. For areas outside of traditional corporate finance/M&A, work hours can be very civilized. Although in today’s Wall Street environment, it’s likely more about face time than doing real work as the investment banking business is down huge from a year ago. Wall Street is a mess right now and is flooded with lots of good people who are out of work. If I were a college student planning on heading to NYC and Wall Street after graduation, I’d be making alternate plans.</p>
<p>Oh I agree with you there as you can see from the first post on this page. I never said people can’t be happy with whatever job they choose. However, I’m saying as you can see from the postgrad surveys, Emory on avg does not “get there” as much as Stern/Tepper (Look at previous page for specific data results as well as their sources)</p>
<p>PS: I did Global Markets & Investments Banking, not ops, and I was addressing barron’s erroneous 75 hour assumption. I am there right now and there are not any more people “flooded out of work” than there were before. Unless New York City is utterly a wreck and the 1920s depression fills the streets with people lining up for soup kitchens and therefore all of AMERICA falls to shambles, I think I’ll be fine, thank you for your concern.</p>
<p>Sometimes location matters. Quite a few Fordham and Baruch grads are on Wall Street too. But there are places to work in this country and many are far more pleasant. Believe it or not many people in Atlanta would much rather stay there than go to a job in NYC. </p>
<p>I suggest you reread some of the comments of the former Bear employees. They are not as enthralled. Same for UBS, Citi and Lehman who have fired around 20,000 people..</p>
<p>lfe,
I wasn’t suggesting ops, but maybe something elsewhere in the bank where I understand that folks can make good money and have a reasonable lifestyle (which would not include too many 10 pm or later nights). But I think you will agree that Wall Street is experiencing the largest number of layoffs in a very long time and there is no sign of a letup anytime soon. </p>
<p>My cautionary comments above are partly influenced by a recent magazine interview with George Soros which, if he is close to being right, is pretty thought provoking about what it means for America and future US economic growth.</p>
<p>I do agree, but they are relatively small changes to the powerhouse Wall St. was, and still is, not only in contemporary America but in the entire world. </p>
<p>There are many articles out right now that are pessimistic about America’s financial futures. Just because of a small tumble (and believe me, in the grand scheme of things, it is not that big of a deal as I have talked with the directors and seniors of Wall St. companies) do you suggest we all stop working and drop out of school? Does the entire system fall apart now? Harvard = Community College? </p>
<p>Anyways, I don’t even think there is anything left to argue anymore, I loved Decatur when I worked there and the Coca Cola tour was the only tour I ever enjoyed in my life and yes, certain people will definitely enjoy working in Atlanta.</p>
<p>PS: “Believe it or not many people in Atlanta would much rather stay there than go to a job in NYC.” - I’m gonna go with “not”. I can do this too.. hey Believe it or not but people like sitting on nails rather than comforters.</p>
<p>Well I didn’t know you could read the minds of everyone in Atlanta, Barrons, but perhaps you should open up a psychic hotline with this newfound gift of yours. It definitely beats the ability to argue effectively against overwhelming data.</p>
<p>while Wall Street placement is a valuable asset for many amibitious college students, it should not be used as a proper means of evauluating a college’s reputation/caliber. I know for fact that there are more Georgetown grads in many NYC firms compared to Yale, Stanford, and Brown alums. This doesn’t mean in the least that Gtown is a stronger school than Yale, Stanford, or Brown by any means. Also, the subset of students with keen interest in NYC internships, etc, wouldn’t really target Emory as one of top choices to begin with. Another variable you need to account for is that NYC firms would rather recruit heavily on East Coast schools for proximity and alumni connections. Employers would find the access to the East Coast schools for recruiting much easier and would be more familiar with certain schools in the East because of the alumni base. The student targetting NYC firms would instead choose an East Coast school such as NYU with stronger regional recruitment around NYC rather than Emory.</p>
<p>If someone likes Emory (or WUSTL for that matter), there’s no reason not to go there. It’s so unsophisticated to act as though NYC is the center of the world or the only place to get jobs. Yes, Emory places fewer kids in NYC than other schools because of its location. That doesn’t mean that the kids who didn’t get the NYC opportunities are SAD or anything. They have their own opportunities elsewhere.</p>
<p>patlees: great points made…Bravo…in addition, I do believe that as more and more Goizueta grads are hired into strong businesses, the alumni network will migrate…</p>
<p>that being said, as patlees mentioned, the alumni base is not quite there yet…Going through this process has enlightened us to the importance of the alumni pipeline in many fields…believe it or not, there are even tier 2 schools that have strong alumni pipelines that surpass tier 1’s in certain industries…</p>
<p>to the OP’s original question 10 pages back, Emory’s national reputation is great in both science and business…That is an educational judgement…that does not mean it’s a “slam dunk” for job placement outside of the South; you may just have to work a little harder to get placed…</p>
<p>and to agree with Pizzagirl: College is not supposed to be a 4 year placement service; if you like the school, go there…Maybe you’ll want to stay in the South…don’t rush your life away…</p>
<p>WUSTL actually has very good placement in NYC from what I have heard. It used to have a very regional appeal, but in the past few years it is really on the up. Emory has been doing this to a certain extent as well, except it’s appeal I would say is even more isolated to the South than WUSTL is to the Midwest. How do we decide if a school is overrated…well if someone wants to go into business in NYC(which seems to be an obsession now a days) than Emory can not offer the same opportunities as some other schools and thus may be "overrated. Its all how you define it, but the way everyone here seems to be --business, law ect… than it is simply because of its regional appeal.</p>