<p>How well do Northwestern economics majors place into ibanking in NYC? Overall college experience in mind, how would a Northwestern economics major compare to a finance major at Stern or Georgetown? Thanks!</p>
<p>Econ is a liberal arts major; finance in a BBA program is not.
You’ll be a better educated person as an econ major at NU, so I would recommend that “overall college experience,” but it’s hard to say from which school you’d have a better chance of an ibanking job in NYC. I can tell you that a lot of NU econ majors do very well in ibanking jobs, in NY and elsewhere.
Moreover, if you manage to get into one of the Kellogg certificate programsat NU, that would blow away a finance major at Stern or GU, and I’d think you’d be an unbelievably strong candidate for the jobs that you want. (The Kellogg certificate programs are as rigorous and as well respected among the cognoscenti as an undergrad degree from Wharton.)</p>
<p>^Ditto. Also, if you can get into MMSS and a Kellogg certification program, you’d be a superstar in the eyes of IB recruiters.</p>
<p>Difficult.</p>
<p>NU is a semi-target for BBs, and getting into NY offices are an uphill battle. Not many people make it to the NYC offices.</p>
<p>^Source? I know a ton of people in NY ibanking offices from NU…</p>
<p>So long as you do well in NU, you are a very credible candidate for a I-Bank in New York or London. Many banks don’t distinguish between BA -Econ majors and BBA/BS Finance majors, and many prefer the former. Just look at how many BA Econ majors from Williams, Amherst, Wesleyan, etc are working in Wall Stree and the City of London.</p>
<p>@arbiter123, I underwent the recruitment process myself, and have seen classmates go through it. I also have spoken to several NU bankers at BBs in NY and they all have mentioned that NU is not targeted heavily by BBs, and that there are few NU bankers on WallStreet. You can count on both hands the number of students who get into NY offices each year. What is your definition of a ton? 5? 10? 20?</p>
<p>Most of the BBs only recruit for Chicago office at on-campus-recruiting. The only BBs I can think of that did NY recruiting oncampus these last few years are BofAML and GS. MS/JPM/Citi/BarCap/UBS only recruited for Chicago office. Deutsche Bank didn’t even bother coming. The only way to get to NY superdays for those BBs are through strong connections with people in the NY office.</p>
<p>@JackUK - many people are credible candidates. However, how many of them actually make it to interviews, much lest get offers? So so many people get shut out of interviews alone (even if they’re MMSS + FE).</p>
<p>A Kellogg certificate was mentioned earlier. How difficult is it to get into this program?</p>
<p>I spoke to one of the admissions people, and she said the overall acceptance rate was somewhere around 40%-50%. (About 95%+ of MMSS applicants get into the program) However, the perquisites for the program are pretty rigorous, so the applicant pool has already been self-selected.</p>
<p>I think there is a wrong notion that MMSS/FE provides you a golden ticket to IBD interviews when it comes recruitment season. One thing I’ve come to realize (rather late) is that those two programs doesn’t live up to its hyped-up-role in getting you interviews/offers. Networking is king. What MMSS/FE is good for is alumni connections, and giving you networking access to senior students who are going into, or have gone into IBD. It was a rather rude awakening for me and many of my classmates when recruitment season rolled around and we got locked out of many interviews.</p>