just curious...

Career Opportunities & Internships
1

<p>I'm in the dark when it comes to internships, landing a job, etc etc after college. (this isn't about me, i'll be heading to the Air Force Academy this June:D )</p>

<p>A friend of mine who goes to college at Brown is possibly majoring in Applied Economics/Math Unfortunately, he is in the middle class of people right now meaning that he has to pay a full blown 50k a year with cosigning of his parents aka taking out a lot of student loans.... He expects to go into some type of investment/finance/wall street field. He is an ok student...Brown doesn't have GPAs (3.9...3.5..and so on) instead they have letter grades and pass/fail. </p>

<p>I'm not entirely sure how bad the economy is right now with inflation in tuition and unemployment rates being pretty high than expected...</p>

<p>He keeps tellling me how he will be able to land a job literally right after college and will get picked by a top firm/company for trading, expecting the 6 figures quickly (lol...). Also, he probably wants to get his MBA too so more student loans will be very very risky. His grades are ok...not the best but they're around a C maybe even B-...</p>

<p>Do companies emphasize the interviews more than the grades when it comes to internships and job searching? Or are they both equally looked at? Let's say for example a recruiter is looking at 2 different people, 1 from an Ivy with okay grades vs. 1 from a nonivy with a very very high gpa, who would they pick overall?
I'm not going anywhere near finance or economics at this points because it looks like a very stressful job and those that want to major in it have to enjoy it and not do it just for the sake of $$$$$$$$ which is why i'm lost...</p>

<p>I'm just a little worried for him even though i shouldn't be (he was, in fact, my boyfriend hehe) just looking out for someone i still care about.</p>

<p>on the side note, i was accepted to Johns Hopkins University with little scholarship and also got nominated for the Air Force Academy because i would like to major in some type of engineering (computer engineering possibly?) i just decided to throw it out there bc this post seemed more concerned about someone else than myself :)</p>

<p>sorry if this was really long...i kinda went on a rant lol.</p>

2

<p>He is in dream land if he thinks he can secure a six figure job in investment banking with mediocre grades.</p>

<p>Further, it is probably a mistake to get an MBA before getting any real world experience.</p>

<p>And, to address the point of ivy / non-ivy, the investment banks that pay top dollar have target schools. If you go to a target school and have a good GPA, you can get an interview; if you go to a non-target school, you probably won’t be considered (except for that kid from SDSU with the sweet cover letter!). But in a field so competitive, it’s highly unlikely that someone with middle-of-the-road grades will get a high power job right out of college.</p>

3

<p>“He is in dream land if he thinks he can secure a six figure job in investment banking with mediocre grades.” </p>

<p>Completely agree with this statement.</p>