<p>RML, you are a state-school fool. CMC is several times more selective and elite than Berkeley, and the econ stuff they do there during undergrad is 10 times as rigorous as at Berk.</p>
<p>CMC places about 20 peeps a year into banking, which is like what, a tenth of the graduating class? Take that to your (budget-cut, state-school) Berk.</p>
<p>herrsque YOU are a fool. How are you qualified to talk about IB recruiting out of Berkeley? Do you go to Berkeley? Do you even work in IB?</p>
<p>As someone coming out of Cal and going to a BB, I can tell you that recruiting out of Cal kicks ass on the west coast. I don’t remember seeing a single person in my training class from CMC, nor have I heard of any CMC students when I’ve talked to my friends about who they worked with. Look at the Berkeley Delta Sigma Pi and Alpha Kappa Psi websites and where their alumni are working/going - outstanding track record. It’s not just them either…I know plenty of Cal students not in business fraternities who have absolutely crushed it in terms of recruiting (top BB’s and elite boutiques). </p>
<p>You clearly know nothing about applying to investments banks from Berkeley.</p>
<p>CMC is just not a big enough school. berk’s DSP alone has as many ppl goin to BB’s as all of CMC</p>
<p>Dude, 1/20 of my schools’ graduating class every single year goes to Haas (at least pre-haas). I know EXACTLY what i am talking about. Berkeley is crap because they mark crap, the profs dont care about you and give you as crappy marks as they possibly can, and the school in generally tries to screw with you as much as humanly possible.</p>
<p>That and the fact that Berkeley isn’t exactly selective (you are in a decently top tier of your graduating class and you are in, no matter if your school is some joke or not). i dont’ know of ANY ballers on wall st who are berk kids. CMC, on the other hand, had Kravis of KKR, possibly the biggest baller in the history of banking (and certainly the biggest donor to a liberal arts college, ever).</p>
<p>sometimes the inchoate rage of state-school kids is truly amusing. have fun with Cal budget cuts, bro.</p>
<p>dude, and a tip: if you need to even BE in a biz frat to do banking, you are, by definition, a joke. have never seen someone pump lame pre-professional frats so hard; fail hard much?</p>
<p>i do not know of a single baller kid at stanford for banking who even bothered with that biz frat thing. but i guess thats the different between stanford and cal.</p>
<p>You know jack s***. </p>
<p>1) 1/20 of your high school class? I know a ****load more Cal students than you dumbass. I also know what the environment is like here much more intimately than you do. So you’ve talked to a few friends now and then and you think you know more than someone who’s been here for several years? Get real. That’s like saying to a Harvard senior, “Hey dumbass, I know more about Harvard because I have friends that go there.”
2) You’ve never recruited out of Cal. I have. Again, you know NOTHING about the process here compared to people who have been here for several YEARS.
3) I’ve worked in the industry and will be going back after I graduate, and so are MANY of my friends. I’d say I’m a lot more qualified than you to speak of whether Berkeley is a target school.</p>
<p>Yes Kravis is an example of a fantastic banker, but there are tons of bankers coming out of random schools that have done well. ONE successful story does not make CMC a top target. On a probability basis, it is much easier to recruit out of Cal than CMC. We have people going to EVERY BB EVERY YEAR, both people in business frats and people who aren’t. Almost every bank recruits from Berkeley, but not from CMC.</p>
<p>Honestly, if you’ve ever worked for a BB, you would know that Cal is much more represented than CMC.</p>
<p>yeah of course it is more represented, Berkeley graduates like what, how many times the class at CMC? this is stupid beyond belief.</p>
<p>and i love some some random state-school kid is characterizing CMC is “coming out of random schools.” man, the irony is rich. this is so hilarious it is truly genius. dude, you went to a state school. understand: you don’t get to bash on schools better, more elite, and more selective than the one you went to.</p>
<p>this is like some guy at the farm college at Cornell paying in-state tuition bashing on Williams or Dartmouth. truly amusing.</p>
<p>this is like the precise reason the whole UC system is such a waste: it produces the most toolish, a**holish kids imaginable, thinking they are so legit when they aren’t.</p>
<p>I don’t even know where to begin. You think we’re among the “most toolish, assholish kids imaginable”? What does that make you? You just assumed that everyone who goes to a public school is dumber and not as qualified. Guess all the banks like Goldman, Morgan, Credit Suisse, JPMorgan, UBS, Lazard, Blackstone, PWP, etc. don’t know what the f*** they’re doing because when they took all the unlegit public school kids. If it ever got out who the f*** you are, you can be sure I’m going to toss your resume out the window, as will every other Cal alum. </p>
<p>You just bash on other people w/o talking about your own qualifications. Why are you uniquely positioned to talk about what recruiting for top investment banks is like? You have obviously never even gone through the process. Go to wallstreetoasis and post EXACTLY what you wrote here. You’re going to get slaughtered by all the people you think are so “legit.”</p>
<p>I’m done with this thread. Feel free to tell me why you’re so “legit,” if you have what it takes to back it up.</p>
<p>This cracks me up:</p>
<p>“Guess all the banks like Goldman, Morgan, Credit Suisse, JPMorgan, UBS, Lazard, Blackstone, PWP, etc. don’t know what the f*** they’re doing because when they took all the unlegit public school kids.”</p>
<p>Dude, the majority of kids in banking are from private colleges… Look, I am not even gonna bother, cos obviously you’ve never actually met a lot of kids from legit schools. But I just wanted to point out how funny it is some kid from Berkeley is bashing on CMC for not being elite enough. Like, seriously? What next, is Penn State gonna bash on Penn? UMass-Amherst on Harvard? Rutgers on Princeton? Cal on Stanford?</p>
<p>Ugh chill out everybody, they’re both good schools. Admittedly UC-Berkeley has the better name brand not because its a better school necessarily but because its obviously significantly larger than CMC. It’s REALLY hard to compare recruiting between an LAC and a school the size of UCB because let’s face it, CMC graduates like 280 a year compared what, like 6500 a year from UCB? With a class size as small as CMC’s, there are bound to be fluctuations from year to year regarding interest in a specific industry, as well as individual talent and ability to interview/land a job. </p>
<p>They’re both completely different schools that provide different types of education so comparing them is stupid. You may knock on Cal’s admissions standards but don’t rip the school as a whole for that. They’re a public institution that is there to be accessible to a lot of people and as a result, doesn’t have the ability to be as selective as a CMC/Pomona/Williams/Amherst etc. Sure, because of this, I think you could say that the percentage of kids graduating from CMC and going to a top firm may be higher than at Cal but I truly believe that the bright, motivated kids at Cal will have the same opportunities as someone from CMC from a career perspective. </p>
<p>Personally, CMC is a better fit for me as I wanted the liberal arts education so I came here but not everyone wants that and as a result will go to a more typical school like Cal. </p>
<p>Please, be civil, they’re both great.</p>
<p>herrsque </p>
<p>Most Berkeley grads that go into IB were from Haas and Econ. Those people are just as smart as, if not smarter than, those people at Pomona/CMC. Berkeley/Haas is a solid name in IB/MC/Finance industry in general. Pomona/CMC is not even that regarded.</p>
<p>
very strong arguments… rofl. i like how if you don’t know, it doesn’t exist
lol who said those were the only people that got banking gigs? if anything they are the minority at berk</p>
<p>since CMC is so selective and prestigious, how the **** did you get in? lol</p>
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<p>This is very funny. This guy thinks that CMC is HYPS or something of such caliber when the truth is it’s even far from being one. </p>
<p>Berkeley is so much better than CMC for IB placement. Only 2 or 3 people from CMC get hired in IB. In contrast, almost everyone at Haas or Berkeley Econ is hired a few days after graduation, and many are hired even before graduation and pay them quite handsomely. On the other hand, CMC and Pomona grads don’t earn as much as Berkeley grads do, as a whole. Check out payscale.com </p>
<p>CMC is good despite its “unknown” name. But it’s not as good as Berkeley Econ, and more so, Berkeley-Haas. To say CMC is just as good as Berkeley Econ is unfair for Berkeley. To say CMC is just as good as Berkeley-Haas is a big joke.</p>
<p>BTW, my friends who work for McKinsey (a very prestigious management consulting group/firm) asked me what is CMC? They’re serious. They all believe that CMC is non-existent in the business/finance/IB/MC world.</p>
<p>Well, we had Bain and BCG on campus in the past month as well as many other consulting firms so take from that what you will.</p>
<p>I don’t know how you can qualify Berkeley econ being significantly better than CMC econ considering that CMC is known to have just about the best econ program among LACs. And unfair to Berkeley? Give me a break and get a life. Yeah, it’s great for graduate school but for undergrad? Still good but not as elite as its graduate program. In terms of the business school, yes there is no comparison because CMC doesn’t have a business school. We do however, have such courses as derivatives as well as other advanced finance courses offered in our econ department.</p>
<p>And do YOU consider UCB to be on the level of HPYS? If you do, then you’re delusional.</p>
<p>And the whole 2-3 people thing? HIGHLY doubtful…</p>
<p>CMC and Pomona each had a 15.7% acceptance rate this past Fall and are both considered to be elite LACs so don’t play it off like they suck in comparison to Berkeley. To say that CMC and Pomona are not highly regarded is laughable. </p>
<p>Sure, UCB may have the better name recognition (25x the size of CMC + top graduate programs) but don’t rip the education that CMC/Pomona provides. Those who know highly regard both schools and I can say with certainty that I’m getting a great education here.</p>
<p>THEA, nobody here is saying CMC isn’t a good school. I think people who have heard of CMC would say that it’s a good school, despite its “unknown” name. But to say it is superior to Berkeley is pure nonsense. There are only very, very few schools on earth that’s superior to Berkeley as an academic institution and CMC isn’t one of those OBVIOUSLY. </p>
<p>Your friend/school-mate here is bashing Berkeley and demoted it to some so-so State U, just because it is a government-funded institution. He contrasted Berkeley with CMC (a private institution) and concluded that because CMC is private-run, it is on par with HYPS. Isn’t that laughable at best!</p>
<p>CMC is a good school. But it is nowhere in the level of HYPS. Berkeley isn’t on HYPS level yet (for undergrad) but, at least, when ranked by departments, Berkeley can head-to-head with one of the HYPSM in most academic areas.</p>
<p>Berkeley has a business school – named Haas in case you’re ignorant about it – that housed and trained students whose motivation is to join in IB, management consultancy, finance or business in general. It is therefore not wise to compare CMC to the whole of Berkeley as Berkeley is huge and CMC is tiny (and less prestigious). If you want to make this right, compare CMC with Berkeley Econ and Berkeley-Haas. In which case, Berkeley would thrash CMC to the ground as Berkeley-Haas is a super elite brand name – a solid top 5 business school for undergrad and ranked #2 by US News & World Report as the BEST Business School in America. It is now on par wtih MIT-Sloan, and CMC is nowhere the reputation of Sloan whether by the ordinary people or the top employers. There is no contest here – Berkeley is head-and-shoulders superior to CMC for IB/Finance placement and as an academic institution as a whole.</p>
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<p>I never said you can’t get a good education at CMC. Of course, you can. You can even get a good education at schools that were ranked outside of the top 200 BY USNews. But if you are concerned about getting into finance/banking/IB/MC placement, getting a good education isn’t enough as top employers don’t even recruit at schools that aren’t well-regarded. Haas is well-regarded. It’s not just well regarded; it’s very well-regarded - top 2 business school for undergraduate education. CMC isn’t that as regarded, to be frank with you about it.</p>
<p>To answer the OP’s question, Yes, Berkeley (Econ and Haas) is a target school. Firms visit the campus to recruit top talents. </p>
<p>CMC is not. Most people at CMC have to make a lot of effort to get hired by a top IB/MC firm.</p>
<p><a href=“http://www.claremontmckenna.edu/csc/employers/AllEmployersonCampus-2008-2009.doc[/url]”>http://www.claremontmckenna.edu/csc/employers/AllEmployersonCampus-2008-2009.doc</a></p>
<p>Pretty sure the top BBs and MCs recruit at CMC.</p>
<p>Yeah RML, isn’t “as regarded”? According to who? Are you ACTUALLY citing USNews as the source of your argument? Yes, there are undergrad business school rankings but for essentially every other department except engineering, such rankings refer to graduate education and without a doubt, Berkeley DOES have elite graduate programs. </p>
<p>It’s a joke that you’re citing USNews though as it is pretty much accepted that those rankings are essentially a joke (Ohio State at 12 or something, give me a break…)</p>
<p>When you cite that Berkeley is head and shoulders above CMC as a whole, I agree it is, at the GRADUATE level. I highly believe that most people would agree with me that CMC is a superior “academic institution” at the undergraduate level based on the quality of students/quality of education.</p>
<p>You state that it’s hard to break into Ibanking/Finance/Consulting out of CMC but this could not be further from the truth. As I stated before, BCG and Bain come to our campus quite regularly as well as a multitude of other firms ( I can dig up the list if you want as I do a lot for the Claremont Consulting Network).</p>
<p><a href=“http://talk.collegeconfidential.com/business-major/384181-top-undergraduate-business-admin-bus-econ-programs-california-3.html[/url]”>http://talk.collegeconfidential.com/business-major/384181-top-undergraduate-business-admin-bus-econ-programs-california-3.html</a></p>
<p>A similar debate has happened before. Check the 2nd and 3rd pages of the above link as SouthPasadena got the entire list of finance/consulting night presenters etc.</p>
<p>EDIT: THANK YOU momo, was about to get that.</p>
<p>^ The list was for companies that have recruited CMC grads; it did not say it is a school whose graduates are more sought after than those of Haas’. </p>
<p>Those companies in the list you provided also visit a hundred or so colleges. If they do happen to visit CMC that does not mean CMC grads are as much as marketable as those people at Haas. Do some head count for both CMC and Haas in IB/MC and I’m sure Haas would totally smash CMC to the ground. The fact that only a handful of CMC grads get into IB/MC means that they are not as much of a target as Haas, although it also says that the best of CMC (the outliers) are somewhat as competitive as the average Haas grads.</p>
<p>Again, let’s not kid ourselves. CMC is a good school and probably one of the finest schools in California for undergrad education. But it is not anything like Haas and it does not as well-loved and as resounding, respected, adored…as Haas in the finance/banking industry. To say otherwise is totally absurd. CMC < Haas. Stop kidding yourselves!</p>
<p>The only true competitor of Haas in California is Stanford. CMC is nowhere near the prestige of Stanford whether viewed by the ordinary people or the top employers. Haas is as good as Stanford grads in IB/MC placement. Haas grads earn as some of the highest in America. Haas grads also have a very strong alumni network and the participation rate to their alma mater college is often 100%. Such things cannot be said to CMC as CMC isn’t really an elite school. But I would say it is an OKAY school overall. But nothing like Haas.</p>