Precondition:
Personally fascinated about how the money flows in the market,etc. (refers to finance) (of course I’m also kind of materialism)
Perhaps major in both finance and accounting
Will absolutely career in business
My reach school is not in ivy, but its quality is pretty close to them.
Any ideas are welcomed, thx!
If you are at a top 50 university, large firms will recruit there, whether your school is located in Ann Arbor, South Bend, Durrham, etc. These firms will recruit for jobs their NY, LA, SF, etc. office.
Your previous posts indicate that you are an international student.
It would be very difficult for you to be sponsored and employed in the US. You probably want to investigate employment in business in your country.
Thx for reply. Yes, my match school is around top 40. Personally speaking, I would like to join in really giant companies like Goldman mckinsey(investment bank, big four accounting firms, consulting companies, etc.) Lets give a detailed example, say I was admitted by both BU and UT Austin, obviously Austin’s undergraduate business program is way better than BU’s. But BU is located in urban area of Boston which has a bunch of opportunities of getting in touch with giant companies. Which one should I choose in this case?
P.S. I was an international student not specifically aiming to immigrate to America. And I eventually want to work in large cities.
Thx for reply. Yes, my match school is around top 40. Personally speaking, I would like to join in really giant companies like Goldman mckinsey(investment bank, big four accounting firms, consulting companies, etc.) Lets give a detailed example, say I was admitted by both BU and UT Austin, obviously Austin’s undergraduate business program is way better than BU’s. But BU is located in urban area of Boston which has a bunch of opportunities of getting in touch with giant companies. Which one should I choose in this case?
P.S. I’m an international student not specifically aiming to immigrate to America. And I eventually want to work in large cities.
If you are looking at public accounting, say Big 4, either of these schools (BU or UT) are fine in their respective area/city. Keep in mind that UT has a top 5 to 10 accounting program. With a degree from UT, you might be able to interview with a Big 4 firm and choose the city you would want to work in. You need to do well in the accounting and the intermediate accounting courses (the weed out courses). Start early by applying and be selected in the 2 day leadership program which each of the Big 4 firm sponsors for the summer preceeding the summer internship. Permanent jobs hires are mostly selected from the summer internship programs and summer internship hires are selected from the leadership programs.
As for investment banking/consulting (Goldman, Mckinsey, Blackrock, etc.), generally, your chances of landing a job with them would be increased if you were getting your undergraduate degree from a top 10 undergraduate business school like Penn, Cornell, UC Berkeley, UT, etc. You also need to be at the very top of the class (i.e., “cream of the cream of the crop”).
If you are not coming to the US for college, it appears you can go to college in your home country and accompish the same goal of working in a large city in your country.
Thanks Ucbuscalum for detailed explanation! I am almost applying now thus I definitely will come to US for college. So you are saying that even UT’s(or other universities which have brilliant undergraduate business programs but not great location) location is comparably weak than BU. If I would like to go into IB/consulting, there is still a great chance, right? Or perhaps this chance is even greater than BU(or other universities which have great locations but not brilliant undergraduate biz program)
Did I comprehend correctly?
Welcome for any more suggestions lol
At BU, you aren’t taking courses at IB firms. Nor are you at UT. You’re on campus.
You get your toehold via summer internships. I knew lots of MBA kids at UCLA. They came from U’s around the country. Even though this program is in LA, their internships were…all over the country.
Goldman Sachs has investment roles in Texas. As do other prominent firms.
Dont guess. Do a little research into how they place kids, what the opps are and where, and how being intl affects your opps.
And you don’t know yet that you will be accepted to those two.
What I am saying is that the higher ranked the undergraduated business school (generally a top 5 to 10 school, regardless whether the school is located near a major financial center) and if you are in the top percentile of your class, you can almost land a job in any major financial centers in the US. This is especially true for large investment banking.and consulting.firms. For Big 4 accounting firms, you don’t have to be in the top of the class, but need at least have a 3.5+ GPA and near 4.0 in your acccounting classes, especially intermediate accounting (the “weed” out course). For students aspiring to work in investment banking, consulting, or Big 4 accounting, a couple of years before you graduate, you should work on and at least have summer internship experiences. These internship positions generally can lead to a permanent job when you graduate. The internships are also important for other positions, not just only IB, consulting or Big 4 accounting because, it is about getting work experience before you go out to the real world.
Large investment banking and consulting are more selective than the Big 4 in hiring from undergraduate schools. Years ago, IB and consulting hired mostly from graduate business schools and primarily from the top 10+ (Harvard, Stanford, Penn, Chicago, etc.). Quite a few Big 4 (Big 8 back then) staff (with 2 to 4 years experience) would apply and get into a top MBA program (Harvard, Stanford, Penn, Chicago) and then graduate and work in IB or consulting. Today, IB and consulting still hire top MBA’s, but they also hire the top students from the top undergraduate schools. In summary if you want to have a chance to achieve these goals, get into a top school and do well.
Thx a lot! Now I have a general idea. I would discuss later with my counselor and family to eventually decide which college I will apply.