<p>Hi, I just completed my first semester at community college and I'm thinking of applying to Rutgers Business School (NB) for Fall 2010. The admissions site says admission is gained through the School of Arts and Science, so basically my question is this: Would I apply to SAS for fall 2010, (hopefully) get accepted, then apply to RBSNB and (again, hopefully) get accepted before the semester begins? Would I even have to attend SAS or would I be able to start my business classes right away?</p>
<p>Also, I'll be from out of state, does that make admissions much more competitive? If I have a 3.8-4.0 will I have a pretty good shot? Also, would that qualify me for any merit-based aid/scholarships?</p>
<p>And does anybody know if any investment banks recruit on campus for front-office positions? Are there any business extra-curricular like a student managed fund?</p>
<p>Before this year, students would enter the School of Arts and Sciences and complete their Business School requirements in their freshman and sophmore year, and then declare an intended major and apply to the business school. Some majors are harder to get into than others, for an example Finance is the hardest and thus requires the highest GPA to enter the B-school. </p>
<p>I don’t know about transferring, since I’ve never heard of a case like yours, but I assume you have to complete your pre-reqs for business school before you can even apply. This includes things like Calculus, Microeocn, Macroecon, Computer Apps, Stats (?), etc. There are more and you can find them on the Rutgers website. </p>
<p>As for merit scholarships, I don’t believe Rutgers gives many scholarships after freshman year, and if there are any, it is extremely competitive. If you’re looking for need-based scholarships, that might be a little easier to come by, but in this economy, I wouldn’t count on any aid. A 3.8 - 4.0 is definitely competitive for both scholarships and admission.</p>
<p>There are lots of business school clubs on campus, some that are b-school exclusive, and most are relatively well established and funded. You have your typical business fraternities, FBLA-PBL, etc. There are definitely a good amount of clubs on campus, if only because Rutgers is as big as it is. </p>
<p>If you know anything about I-Banking, you know that its extremely hard to get a front office job outside of a target school. Target schools include the likes of Harvard, Princeton, Yale, Ross, Dartmouth, etc. Semitargets are schools like Northwestern, Cornell, etc. As you can see, getting a job as an analyst out of Rutgers isn’t going to be easy. But that’s not to say that it isn’t possible - Goldman Sachs, JPM, and other bulge-bracket firms (or whats left of them) definitely did recruit on campus in the past. </p>
<p>I don’t know how this is going to change after the credit crunch, but I know the top investment banks took a couple of kids each year from Rutgers … since we’re so close to NYC, the world headquarters of finance, we’re decently represented and it isn’t impossible to get a job as an entry level analyst. You really, really need to stand out though. </p>
<p>If you’re really interested in finance and ibanking, I suggest you check out wallstreetoasis.com … I hope this helps. I’m not a business major, but I like to think that I’m pretty knowledgeable about the subject!</p>
<p>That was very informative, thanks! Yes I know all about the competitiveness of banking. I read WSO, M&I, and a few other banking blogs nearly every day to try to learn as much as I can about the industry. I’m also looking at S&T since that’s slightly less competitive (and has slightly more human work hours) than IBD. I should have all of the b-school prereqs finished by fall 2010 so hopefully I’d be able to start there. I’ll contact the admissions office to find out the details. </p>