Investment Banking

<p>Georgetown is actually more selective than Cornell--20.8% versus Cornell's 21.4% (based on fall of 2007 entering class). OK, so not THAT big of a difference, but technically speaking Georgetown has a lower acceptance rate.</p>

<p>Thanks and noted.</p>

<p>hotasice, acceptance rate does not tell the whole story. The University of Chicago has a higher admit rate than UCLA, it does not make it less selective. Cornell and Georgetown have similar acceptance rates, but from my observations, Cornell's applicant pool is more selective to start with. I could be mistaken though. </p>

<p>At any rate, Michigan and UVa are less selective than Cornell and both are major target schools for IBanks. Lehigh and Boston College are also popular with IBanks and both are also less selective than Cornell.</p>

<p>Go to CMU H&SS for econ and transfer into tepper. You will get an ibanking job from tepper and its easy enough to follow that path haha</p>

<p>I don't get why anyone want to be investing during times like right now... Believe me, my portfolio has gone down the drain. This was pre-market collaspe btw. lol Damn I should have shorted the market :D</p>

<p>Phead, you do realize that "investing" =/= investment banking, right? Oh, and here's free advice: your portfolio has gone down the drain because your investment thesis sucked. Anybody who knows anything about leveraged finance would tell you that the credit crunch was long overdue. In the 04-06 days, you had senior floating at 4-5X and mezz at 2-3X. Cheap and readily available debt, plus loose covenants and low FCCRs, meant sponsors were effectively overpaying for transactions. After a certain amount of time, the market is not going to be able to digest those kinda deals. What happens when you keep stuffing your stomach full of food (see: debt)? You end up not being able to eat for a long time.</p>

<p>A must read for anyone who is considering a career on Wall Street:</p>

<p>The</a> End of Wall Street's Boom - National Business News - Portfolio.com</p>