<p>Does a Cornell undergraduate degree offer good opprotunities to become an investment banker or hedge fund manager?</p>
<p>Is there plenty of career advising to land a job like this after graduation?</p>
<p>I was a bio major in arts and sciences. I transferred into the Applied Economics & Management program as a Junior and I will say that there are VERY VERY good opportunities to go into iBanking. If that is what you want to do as a career I highly recommend AEM. Every fall literally 20-30 major banks come to visit Cornell. There are info sessions and career fairs for seniors looking for full-time jobs in September, and then all of these banks come back <em>again</em> in November to give information for Juniors looking for internships.</p>
<p>The majority of my friends in AEM who want to go into iBanking have gotten a good placement either as an intern or full-time. The networking and alumni in major banks is amazing. Almost all of the top tier banks will recruit directly from Cornell (they come to campus for first round interviews and most will fly you out to NYC, put you in a sweet hotel, take you out to dinner, and conduct final round interviews there, all expenses paid).</p>
<p>There are career workshops for resume critique, cover letter editting, interview prep, etc almost every week, and the career development office is open 9-5 for walk-in help on weekdays as well. You will also be exposed to an endless stream of alumni from major banks who come back to speak with Cornellians about the work they do and how they got where they are today.</p>
<p>I worked in a venture capital firm last year and am interning at jpmorgan chase this summer so if you have any questions feel free to ask.</p>
<p>dh277, do u know what the avg first yr salary for AEM graduates is?</p>
<p>thanks</p>
<p>dh277, did you know anyone from ILR who went into iBanking, or is it mostly AEMS who go there? I've talked to several Cornell people about career options post-ILR, and I've heard iBanking floating around several times. But I find it odd ILR-->iBanking?</p>
<p>d13jb: i believe the mean salary for AEM as a whole is ~$50-55k not including benefits and bonuses. the competitive street salary for investment banking is ~60-65k + ~10k signing bonus and stipends for relocating. first year analysts can expect 80-100k.
check USNews or businessweek i remember seeing something about average starting salaries for undergrads in top business programs</p>
<p>diehldun: yeah I know people from ILR who r in ibanking. It varies a lot since ibanks look at your personal skills just as much as your technical ones. People from hotel admin, engineering, PAM (human ec college), and ILR regularly get recruited by banks. </p>
<p>Bank don't necessarily look for finance majors, they look for people who have the potential to learn quickly and think on their feet. It's easy to teach someone how the financial services industry works, but you can't make someone quantitative or personable in 6 months of job training.</p>
<p>d13jb: Hey, may I ask you a question-what the average size of the class in AEM?Thank you!</p>
<p>ILR people do go into ibanking. I know this for a fact.</p>
<p>in fact, last semester Goldman Sachs held a private recruitment session for only ILR undergraduates after they did the general campus recruitment. I think Barclays Capital did as well, but I can't verify this.</p>
<p>i hear about Goldman Sachs events all the time... does Goldman actually send people to Cornell once every two weeks??</p>
<p>why the hell would they do that? Banks recruit on ivy league campuses in october/november and then come back again in feburary/march.</p>
<p>There are random presentations given throughout the school year, but every two weeks would be a waste.</p>
<p>How hard was it to transfer into AEM? I hear that freshman admissions into that program is difficult compared to the admission to other majors... </p>
<p>Would these banks recruit economics majors as well from maybe CAS?</p>
<p>aquamarinee: yes, banks recruit from econ, math, PAM, hotel, AEM, ilr, engineering (OR), and many other majors. freshmen admissions into AEM for class of 2010 was 16%, and i have no idea what the transfer rate was, so yeah it's not too easy to get in i guess...</p>
<p>My roommate (econ major in CAS) did extensive interviewing with Goldman Sachs.</p>