Is UC-Berkeley a target school?

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<p>[Best</a> Undergraduate Business Programs - Best Colleges - Education - US News and World Report](<a href=“http://colleges.usnews.rankingsandreviews.com/best-colleges/spec-business]Best”>http://colleges.usnews.rankingsandreviews.com/best-colleges/spec-business)</p>

<p>1 University of Pennsylvania Philadelphia, PA 4.8
2 Massachusetts Institute of Technology Cambridge, MA 4.6
2 University of California–Berkeley Berkeley, CA 4.6 </p>

<p>4 University of Michigan–Ann Arbor Ann Arbor, MI 4.5
5 New York University New York, NY 4.4
6 University of North Carolina–Chapel Hill Chapel Hill, NC 4.3
6 University of Texas–Austin Austin, TX 4.3
6 University of Virginia Charlottesville, VA 4.3
9 Carnegie Mellon University Pittsburgh, PA 4.2
10 Cornell University Ithaca, NY 4.1
10 University of Southern California Los Angeles, CA 4.1 </p>

<p>NO; this isn’t a joke. Your opinion maybe is. This ranking is way more credible than your opinion.</p>

<p>If UCB didn’t rely on it’s PA score for all it’s accolades at the undergraduate level, you would be against USNWR too…Let’s not get into the whole credibility of the PA score thing but it’s pretty much the consensus opinion that a high Peer Assessment score is derived from GRADUATE prestige. Still, at the very least you’re putting an awful lot of stock into a ranking done by a magazine.</p>

<p>And no, I highly doubt that Morgan Stanley and Goldman Sachs visit HUNDREDS of campuses every year.</p>

<p>You mention a head count? Of course that over populated safety school you call UCB would smash CMC in terms of a head count. 280 people graduate from CMC per year and only a fraction of that population is interested in banking/finance. I essentially see the same 30-40 people at all the company presentations and such.</p>

<p>The very best of CMC? Give me a break, I highly doubt the vast majority of kids at Berkeley would even get into CMC. Totally absurd? Doubtful. You are way off base and delusional if you think Haas does as well as Stanford lol. Haha, “adored”…hilarious.</p>

<p>The best of CMC being somewhat competitive with Haas? I checked that payscale.com thing you were telling me about and yeah, CMC grads have a higher average starting salary than UCB grads. Yeah, not as much of a target as Haas…maybe in terms of not being a target for your state budget cuts. (WOOOOOOO! even BIGGER classes!)</p>

<p>Your use of the term “outliers” is hilarious. Again, I guarantee you the vast majority of people from UCB wouldn’t get into CMC…Yeah, an “OKAY” school…nice</p>

<p>Perhaps I’ll do some more research on your school later. I don’t know the actual URL so I’ll just hit up stanfordrejects.com.</p>

<p>:)</p>

<p>This thread is so ridiculous I had to make an account to respond. Herrsque you pretty much ignored all of rhythm’s points and continued to reiterate your belief that students at CMC are better than students at Cal simply because of their school. I’d love for you to respond to these points, rather than glaze over all of the opposition’s valid arguments:</p>

<p>1) Haas places much better into investment banking than CMC does. Like he/she mentioned, there was not a single CMC student in rhythm’s training class at his BB, nor did any of his friends who worked for top BB’s and elite boutiques mention coming across any CMC students during the summer. There were, however, plenty of Haas students who secured internships with the top investment banks. You would think that there would at at least ONE student from CMC in rhythm’s class if it really is as much of a “target” as you claim. You would also think some of his friends would have come across more CMC students if it truly is that much more heavily recruited out of than Haas. However, this simply is not the case. Haas places far better onto Wall Street than CMC - period.</p>

<p>2) Your main argument about why Berkeley places better than CMC is because Berkeley is much bigger. However, pretty much everyone who goes into banking from Berkeley is from Haas. Haas admits around 350 students a year and is only a 2 year program, so the ENTIRE student body is only about 700. The majority of Haas students also are not interested in banking (plenty of management consulting, accounting, marketing, industry jobs, etc.) so you’re looking at a small fraction of that. CMC, on the other hand, admits around 650-700 students PER YEAR and its a 4 year program. Haas is MUCH SMALLER than CMC but places significantly better on Wall Street. Again, this is a fact.</p>

<p>3) I won’t say exactly which bank I work for, but I will say it is a BB that likes to think of itself as the world’s premier investment bank, as do many of our competitors. I just looked at the list of people in my training class, and there was not a single person from CMC. There were, however, quite a few people from Berkeley. I’ve met them and can vouch that they are extremely intelligent, ambitious, and highly qualified individuals who can cut it at CMC or any other school. There were also no students in my training class from your school herrsque, which brings me to my next point:</p>

<p>4) You are a sophomore economics major at Wesleyan University. You have not gone through the summer analyst or full-time recruiting cycles, let alone worked for an investment bank. You are therefore not nearly as qualified as someone like rhythm who has actually worked at a BB that you would wet your pants to work for. I am going to remember you when I come across your resume, especially because not a lot of people apply here from your university. We hate hiring people who are not team players, and you are clearly not someone that we would want to work with. Other people who work in investment banking may remember you as well when they come across a resume with that particular background. Even if one of us don’t read your resume and you somehow get an interview spot, this industry is very small. Word travels quickly. I’d imagine the army of Haas alumni on Wall Street will not be pleased, nor will any of your interviewers, if they happen to get a casual email from a coworker with snippets of what you’ve said here, and who you are…</p>

<p>6) The main argument here is whether Berkeley is more of a target school than CMC. The aforementioned points are sufficient to prove that Berkeley is definitely a target school, while CMC is not.</p>

<p>7) My BB has not been recruiting out of CMC, but has been recruiting out of Haas. This is the same situation with many other BB’s and top boutiques that my friends work at. </p>

<p>8) There is a list of companies that recruit out of CMC that looks pretty impressive, but many of the investment banks that go there are recruiting for NON-investment banking divisions (e.g. operations or wealth management).</p>

<p>RML and THEAjay89: Please keep things civil. I personally feel that CMC is a fantastic school, and Ajay I’m sure you can get into investment banking if that’s what you really want to do. My main point here is that Haas is much more heavily recruited by the investment banks than CMC is. Let’s not bash on each other and display the level of arrogance that herrsque has.</p>

<p>Thank you for your perspective and clarification indylove. You bring up solid points and seem to be qualified to make such claims. I do indeed respect Berkeley but truly feel that my school is a little better than RML portrayed it as being. I suppose one really can’t claim that LACs in general are targets for BB (maybe with the exception of Amherst and Williams, and maybe Pomona/CMC for west coast only) but I feel I am getting a great education that rivals any other top school (I realize this may not translate into ibanking prospects). Thanks for your support indylove and hopefully your post will bring some sanity to this thread lol.</p>

<p>herrsque, you there? Would love to hear a response to each of my points, or are you going down without a fight?</p>

<p>You said, and I quote:</p>

<p>“You are a sophomore economics major at Wesleyan University. You have not gone through the summer analyst or full-time recruiting cycles, let alone worked for an investment bank. You are therefore not nearly as qualified as someone like rhythm who has actually worked at a BB that you would wet your pants to work for. I am going to remember you when I come across your resume, especially because not a lot of people apply here from your university. We hate hiring people who are not team players, and you are clearly not someone that we would want to work with. Other people who work in investment banking may remember you as well when they come across a resume with that particular background. Even if one of us don’t read your resume and you somehow get an interview spot, this industry is very small. Word travels quickly. I’d imagine the army of Haas alumni on Wall Street will not be pleased, nor will any of your interviewers, if they happen to get a casual email from a coworker with snippets of what you’ve said here, and who you are…”</p>

<p>There is something really fascinating about Internet threats of blackballing, starting with the fact that blackballing is something, first off, to be done in secret, and should need not be preceded by threats. I mean, it’s not just the audacious thuggishness of the very sentiment.</p>

<p>But then, should I be surprised? I suppose you went to Berkeley or one of the other UC’s, whence came your laughable assumption of superiority (take that superiority to a Stanford man and see he responds, I should advise). In any case, I am disgusted. You just threatened another person, whom you have never met, with blackballing. Clearly you were not raised with proper and decent values; given that you have displayed yourself to be a thug, I see no point in responding to your assertions.</p>

<p>I don’t deal with thugs, and thus I don’t deal with you.</p>

<p>lol@this thread but also lol@the undergraduate business school rankings.</p>

<p>I really people should realize that banks aren’t looking for “top talent”. The “top talent” from undergraduate programs</p>

<ol>
<li>don’t go into investment banking</li>
<li>don’t major in business</li>
</ol>

<p>Banks are looking for people that they can abuse for two years as investment banking analysts and really thats it. You don’t need to be particularly smart or clever, you just need to be able to convince the firms that you can figure out excel and that you don’t mind 18 hour days. But ya, I don’t think I know anyone at Stanford that would qualify as “top talent” that is trying to go into banking.</p>

<p>As for comparing these two schools, again, I know of kids that interned in Goldman banking coming from both schools. So if you want it you can get it in either case. Stanford is certainly more of a target than both of them, but thats only natural.</p>

<p>Herrsque, did you ever consider that maybe I went to a top private school that you seem to suck up to, and simply hate your over-the-top arrogance? Oh wait, you just assume anyone you disagree with to go a public school and must be inferior to you. </p>

<p>So of my 8 points, you completely ignored 7 and barely answered 1. I think it’s clear who’s won this argument, and you know it too. Since you know you’re on the losing end here, you start attacking my parents and upbringing? You have got to be kidding me.</p>

<p>“Clearly you were not raised with proper and decent values; given that you have displayed yourself to be a thug”</p>

<p>ARE YOU KIDDING ME? Reread your own posts. You are the one who was acting like a damn e-thug (hahahah), acting all high and mighty and putting down all the people who go to a public school. Your elitist attitude was so narrow-minded and overbearing you made me want to puke. All I did was defend public institutions - NEVER did I say I or a certain school was “superior” in the way that you think all private school students are superior. YOU were the one who was talking smack and trying to step on people. It’s ridiculous you are acting all self-righteous and calling other people “thugs.” Hypocrite.</p>

<p>“…and thus I don’t deal with you.” Really? Then quit acting like a moron. And you may have to deal with me whether you like it or not, unless you decide to completely switch industries. Don’t pull a Jeffrey Chiang.</p>

<p>i read about chiang yesterday
sucker</p>

<p>Uhhh I what are CMC and Pamona and all of these random private schools I have never heard of?</p>

<p>The important thing to get into banking is to know someone in the business already. </p>

<p>Stanford is probably the only school in California that will give you a real leg up in the business because it is a strong target and they have crazy connections, but as with banking the best way to get into Stanford is to know someone there.</p>

<p>UC-berk is one of the better schools, but I wouldn’t worry about getting into undergraduate at Haas. It’s very overrated because and undergraduate degree in business does not do much to expand career options relative to any other degree, and MBA programs prefer candidates that did something other than business for undergrad. </p>

<p>USC, UCLA, and UCSD are some of the equivalent California schools. East coast schools are generally better for recruiting, but I don’t think they take students out of community college. </p>

<p>I would also consider why you really want to go into investment banking. Are you doing it because you heard investment bankers make a lot of money? Are you doing it because investment banking is considered a prestigious career path? </p>

<p>Most importantly, do you know what investment banking actually is?</p>

<p>For the record, it doesn’t matter if your a comm. college transfer. My cousin went to Cornell after 2 years at a cc, and she became an analyst at a BB firm. It just does not matter. Myth vs. reality. Going to top school transfer or not is irrelavant to business firms. If you got good grades I don’t anyone would actually care about this kind of a thing. Not even grad schools.</p>

<p>Lol I enjoyed reading herrsque’s posts in this thread. He probably has a mental problem or something.</p>

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<p>Since you go to Stanford, I’m assuming you think becoming an engineering and maxing out at $250k/year demonstrates you are top talent? </p>

<p>Also, I’m afraid you do need to be particularly smart and clever to get into banking.</p>

<p>omega you’re a tool. if you dont recognize that what he’s saying has a lot of truth to it, you’re going to be shocked in the future. analysts aren’t geniuses that are the second coming of einstein, and they are taken advantage of. you’re someone’s lapdog for 2 years for 60-100 hrs/wk and you’re paid slightly more than a mcdonalds worker by the hour. </p>

<p>banking is all about the exit opps. not the money.</p>

<p>PS. engineers in silicon valley can make just as much if not more than hot shot bankers</p>

<p>I doubt anyone would debate that ibanking work is mind numbingly dull, but because of the pay, exit opps, and perceived “prestige” banks have the luxury of hiring only the smartest college students.</p>

<p>Analyst compensation is terrible considering the brutal hours, but i’m pretty sure engineers in silicon valley aren’t pulling 500k a year before they’re 30 (or ever)</p>

<p>how many associates do you know that pull 500k+/yr?</p>

<p>answer: none. especially in this economic climate. probably not even in 2007</p>

<p>Nah lots of people are VP by 30</p>

<p>Sorry but there’s no way you can make the case that engineers get paid as well as bankers. There’s also a much lower salary ceiling for engineers</p>

<p>many VP’s don’t even make 500k. but you’re right most engineers won’t make 500k/yr, but it is definitely possible for the cream of the crop (mit, stanford) to go to silicon valley and get rich off of some start up. not to mention that you would need to be cream of the crop to make it into a bank let alone advance to VP. turnover is extremely high at banks. </p>

<p>you may think im only talking about outliers, but aren’t these the same type of people that a bank would recruit (target school, strong gpa, leadership skills, initiative). it would be a pretty fruitless argument if i were trying to argue that your average engineer makes more than your average banker. </p>

<p>what i’m trying to get at is that banking isn’t so glitzy and glamorous as it sounds, and that some of the people here need to get off their high horses and acknowledge that there are other great professions out there that are as good, if not better than banking. i see a lot of arrogance and i’m trying to address that.</p>

<p>“I doubt anyone would debate that ibanking work is mind numbingly dull”</p>

<p>Well you’re right I won’t debate it, but I worked there and what I did, and what I observed others doing, was not dull, to me. It was certainly a lot less dull than anything else I’ve done for a living, either before or since.</p>

<p>Haha you guys got ■■■■■■■ by herrsque!</p>