<p>If you guys remember, I was thinking about transfering to more of a target school. So I went to the engineering career office today. I was just chatting with the career office advisor person and I was asking about how likely it is to get into BB ibanks or MBB consulting from the engineering school, and he said about the same chance as from Ross. Is that true?</p>
<p>He then explain that obviously the placement percentage are not comparable because 90% of the engineering students do not plan or do not want to work in finance anyway. but of the people who actually want to/apply BB ibank/MBB consulting (serious interest but not just a resume drop at career fair), the success percentage should be comparable.</p>
<p>He then explain this year might be a bit of an anomally that we see the percentage for engineering students lower because S&T and quant positions are down and they like engineers for those positions.</p>
<p>Does this sound likely? Or is he just trying to convince me not to transfer?</p>
<p>U’ll probably be better off for BB Ibanking recruiting at Ross. MBB recruiting is pretty random, so I don’t think your chance is better at one or the other.</p>
<p>Bearcats, all of Michigan is a target for BB ibanks and MC firms. LSA, CoE and Ross. Most major BB ibanks and MC firms actively recruit at all three colleges. Obviously, Ross has the largest concentration of students seeking those jobs, so recruitment activity there will be more pronounced, but CoE and LSA students with the right profile will be well recruited by those firms too.</p>
<p>“U’ll probably be better off for BB Ibanking recruiting at Ross. MBB recruiting is pretty random, so I don’t think your chance is better at one or the other.”</p>
<p>but cant everyone do that? i dont understand. We can pay 75 bucks to get access to IMPACT and do resume drop and register for corporate event, so what’s so exclusive?</p>
<p>“…the difference is having ross on the resume” </p>
<p>lol but Ross is as good a business school as Michigan COE is an engineering school at the undergrad level.</p>
<p>but that wasnt my question, so there’s no exclusive OCR for Ross since everyone can get impact? Is there any other OCR not through impact at Ross?</p>
<p>there are some recruiting events that are only open to ross. for example, sometimes ross groups like the finance club will host invite-only networking events (i think jpm, citi, db + cs has similar events this year), or the banks themselves might have invite-only events where they get guest lists by looking at resumes on impact (moelis did this). </p>
<p>Finally, some smaller banks interviewed on campus and had an impact resume drop but never actually had an on-campus presentation (greenhill & co did this). it seems like it would have been hard to get interviews in these cases as a engineer.</p>
<p>but we can pay $75 for full access to impact, that includes resume drop, corporate presentation registration and stuff. They told me the subscription is september to september and since most companies are already done i should pay for it next year.</p>
<p>that doesnt for the first case (club-specific recuriting) or the second case (ross puts together a resume book of junior resumes and sends to companies, which you wont be in). </p>
<p>not sure how smaller boutique bank interviews go like the on i mentioned, but been if you can drop they definitely prefer business majors. i think there were ross people interviewing at each of blackstone, lazard, greenhill, evecore, moelis, pwp, rothschild but no no-ross person got an interview at any of those firms.</p>
<p>wolverine2013, your logic is wrong:
UPenn SEAS is not as good an engineering school as Wharton is a business school. Wharton is the number 1 undergrad business program in the world. SEAS is probably around top 20. Michigan engineering is a top 5-10 undergrad engineering program, so is Ross, a top 5-10 business program.</p>
<p>umich2010:
that’s not true. Lazard was at the engineering career fair last semester and interviewed people here. Evercore and Moelis also had resume drop on engineering career website and interviewed people i know. And many hedge funds and VC prefer engineering majors over business majors for their quant skills but they recruit at ross anyway because it’s easier to find desirable candidate when 80% of the candidates in the school want to join you rather than searching through the 10% of candidates who are interested in finance in engineering.</p>
<p>Really not that many engineers wanting to do IB. It was strange though, from my perspective, to see just the overwhelming number of engineering students that wanted to work as engineers for Chrysler, Ford, GM, when they were laying off people and closing plants.(especially among the instate population) I really didn’t understand that too much.</p>
<p>Thats why I said “almost”. The bulk of Ross career services are available to both.</p>
<p>For situations where a bank specifically targets business students for a networking event, you also have to consider whether that is because Ross career services are better, or if Ross career services are seen as better because of that. The latter would obviously indicate a competitive edge based on major, not career center.</p>
<p>consultinghopeful - correct me if im wrong, but im pretty sure you’re referring to the full time recruiting, not internship recruiting for this upcoming summer when you say those guys interviewed engineers. edit: nevermind, just checked and none of those were at the fall career fair for engin. for internships, lazards website only has one presentation and interview date listed, and both were the ross ones</p>
<p>regardless - bearcats, between here and wso, i swear ive seen like 5 or 6 posts from you asking if you should transfer. every single time, the overwhelming response is that you should not. what does it take to convince you?</p>
<p>“consultinghopeful - correct me if im wrong, but im pretty sure you’re referring to the full time recruiting, not internship recruiting for this upcoming summer when you say those guys interviewed engineers. edit: nevermind, just checked and none of those were at the fall career fair for engin. for internships, lazards website only has one presentation and interview date listed, and both were the ross ones”</p>
<p>Lazard posted job listings on the engineering hireme website. The application instructions were “Contact Ross Career Center”. My friend got interviewed and he’s a EECS major, that was for full time. I am pretty sure consultinghopeful got it wrong. Lazard was not here this year. They were at the career fair last year.</p>
<p>“bearcats, between here and wso, i swear ive seen like 5 or 6 posts from you asking if you should transfer. every single time, the overwhelming response is that you should not. what does it take to convince you?”</p>
<p>I dont know. I am just torn. I am really regretting passing up wharton AND ross.</p>
<p>no. i guess we talk about different topics… my point is: MBB consulting company and IB are going to recruit the same amount of people from Ross and engineering. its no true. of course Ross always has more job placement about finance and business.</p>