<p>If you are thinking about junior summer internship, it’s better to study abroad fall of sophomore year. Recruiting week is the first week of sophomore spring semester. Some firms do recruit in the fall, but I think there are more in the spring.</p>
<p>So what is the advantage of studying abroad over sticking to Cornell campus in getting summer internship?</p>
<p>Nothing. It is just a good experience many Cornell students take advantage of.</p>
<p>Speaking of AEM, how hard is it as compared to CALS? I am still unsure what I want to major in but I am fairly interested in both. Does CALS particularly have any weed out classes like math in A&S?</p>
<p>Also, since your D is double majoring, what are your opinions on double majoring?
Is it too much to handle at such a competitive school?</p>
<p>AEM is in CALS.</p>
<p>My daughter double majored in math/economics, minored in gender studies. For math/econ, you could double dip, which meant some econ course could be counted for both math and econ, but those econ courses tend to be harder (more math).</p>
<p>My daughter was not stressed with her course load. She had 7 AP credits when she entered Cornell. I think only one or two semesters when she took 5 courses. She didn’t take any science courses, so she didn’t have labs. She also took some courses P/F. She was pretty good at balancing out her course load.</p>
<p>oldfort: Since your 2 daughters are in the ibanking industry, I would appreciate it if you could give me information regarding the hours that are put in per week for the job. Also, information regarding the turnover rate as seen by your daughters in their firms would be helpful since I’ve read that disenchantment with the job sets in for some people and that most of the analyst jobs are for 2 year periods. </p>
<p>Thank you in advance for any light you can shed on these topics.</p>
<p>My daughter is going into her second year now. There was a while when she worked 7-12am Mon-Thu. She is now at a point that she is doing it few nights a week, but some nights she could get out at 8. During the height of her long working hours, she thought about getting out of the business, but now with positive feedback and a little bit more personal time, she is adjusting. She loves what she does and that’s what has carried her through. Of course, she is also expecting her bonus soon.</p>
<p>I think a handful of analysts have left because of the hours, and they were probably not that good at their jobs. All of them have found another job before they left. </p>
<p>My daughter’s firm doesn’t make analysts leave after 2 years. They could stay on if they choose.</p>
<p>My D’s roommate is at another major firm. She works crazy hours, 18+ hours a day 7 days a week. She really hates it. She is staying on until this Spring because they will help to place her and she could also openly look for another job.</p>
<p>A lot of my daughter’s college/high school friends are in banking. Not everyone loves it, but I am hearing from my kid that they are getting together more. I think the hours do get better.</p>
<p>Oldfort: Thank you for your reply. I am also curious to know if a lot of freshmen at Cornell are able to internships for the summer.</p>
<p>Thanks.</p>
<p>No, it is not possible as a freshman. The only way you could get an internship would be through personal connection.</p>
<p>oldfort: Thank you for all your help.</p>
<p>Assuming you do not have connections, you’ll find a lot of ibanks recruit pretty well at cornell.</p>
<p>However, if you want to go into consulting, it will be a bit harder as cornell student generally are not smart enough for creative jobs such as management consulting. </p>
<p>Ibanks on the other hand, are all grind, which is what most cornell students are good at.</p>
<p>Oldfort,</p>
<p>Is your daughter in sales & trading or IB? Which area has better hours?</p>
<p>Thanks.</p>
<p>What she is doing is some where in the middle, part of S&T, but doing IB work. IB has the worst hours. S&T can usually go home after books are closed. My daughter does a lot of books for new business. She used to work until midnight most week nights, but now she has streamlined a lot of process, she is going home by 10pm most of the time, and not having to go in on weekends.</p>
Dear old fort,
Your advice help me a lot in 2012. I was just wondering if your oldest daughter is still working at a BB and what her current hours are like.
Yes, she is still at the same firm. She is up for VP this year. She can usually leave by 8 most nights, sometimes earlier. She doesn’t work on weekends. She is traveling more now to see clients. After 4 years, she is looking at other opportunities (possibly within her firm) because she doesn’t feel challenged. She said she could do it in her sleep and I told her she is too young to feel that way.
Thank you for your response. All your advise on college confidential have been very helpful. I was wondering what the balance of life is like after a few years especially after all the recent news articles on ib life.
My D is the same. She is in trading as a Cornell grad. She has been given more and more responsibilities ( recently offered a job in London but turned it down because she was offered more responsibiluty in NYC). But she has been talking to me about her career path and opportunities.
Her hours are certainly reasonable. She does not work, officially, on weekends. She earns a very good compensation, salary plus bonus.
She just closed, last week, as a 27yrs. old, on her own place in Manhatten, the most expensive real estate in
the USA.
Dear morrismm,
Thank you for the info. I don’t mind working hard. But it helps to ease my mind that the hours do get better and one can maintain some work/life balance after a few years.
Goldman has a policy now that no one works on Sat unless it is super urgent.