<p>Look up his posts and see what his opinion is of Stern students. He said academically they arent talented (I'm pretty sure thats what he said), but that's coming from him, and we all know Stern students are talented. Now, he is a math major who's taking graduate level math courses for fun, so his opinions shouldnt be that highly regarded regarding Stern. Stern is a great school, it doesnt matter how it compares to other elite schools, if you go there, get good interships/GPA/any thing else, you will most probably be fine. People stop worrying so much.</p>
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the thing is that I am pretty good at math so I think I can get in elite math school, but on the other hand that I am really interested in business area and want to do I-banking, so I think my first choice will be Wharton, but Wharton is very competitive so I cant say I can go there for sure, so I think Stern will be my second choice, but if what you say about math major is true, I will be facing a situation that I really wanna study business major but math will be a more practical path
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<p>liangshengtm,</p>
<p>A person with a talent in math can get into far more lucrative and exciting not to mention intellectual professions that drone dullard banking jobs that any donkey can do. Please, PLEASE do yourself a favor and look into other professions like structuring or marketing risk analysis and a million other things (there are TONS of math oriented /specialized fields at top i-banks that lead into trading FYI).</p>
<p>In fact, I know a few math majors who're currently interning at i-banks who hate it because typing and editing fonts all day and doing *****work isn't exactly stimulating for them. </p>
<p>One of them is now switching into structuring because it involves financial modelling which quantitative people are obviously very good at and it eventually leads into trading.</p>
<p>There is one other path that is a fusion of business and math known as actuarial science which is somewhat secretive (your average joe doesn't know about it). Math majors and quants are, however; well aware of actuarial science. You have to pass a series of very rigorous exams (the average actuary has nearly perfect SAT MATH scores - goes to show you they are very talented at math).</p>
<p>Act. sci. is not appreciated in banks; banks don't care for them. However, I know of a few actuaries switched into banks in trading (one is in derivates trading and the other is in options trading) and they are at the top of their game because they are very familiar with risk analysis. </p>
<p>Act. Sci. is VERY well appreciated inside the management consulting world at companies like Mercer, Bain, Mckinsey. You will be working as an actuary and should you choose to, you will advance through the MC chain in these places down the path. As a matter of fact Mercer and other consulting companies hire actuaries at even entry level positions.</p>
<p>So PLEASE for your own sake do some research and understand that for smart people who are talented at math, there are many other fabulous professions available. After all this if you still choose to persue i-banking, then go for it. I don't really care what you do. I just want to provide you some REAL information that is never available on CC.</p>
<p>Speaking of which, this thread is about engineers who can go into i-banks so I'm glad I posted this stuff.</p>
<p>I just hope all engineers (who are especially good at quantitative stuff) realize that there are so many math-oriented and specilized jobs in i-banking and consulting that they would love and excel at which most of your typical i-banking analysts (who are mostly business majors) dealing with minute changes in font structure and post-editing will never even glance at.</p>
<p>epoch_dreams, thank you for the input, actually, I already spent quite a bit of time on research and I-banking is my final goal, cuz I am not bad at math (havnt done a SAT but got 800 in practice ones 3 times without review so I think its not bad), but I have a personality that fits I-banking the most, therefore I will still go for that. but still thank you for the information</p>
<p>Yeah no problem.</p>
<p>Good luck</p>
<p>epoch_dreams- do you know where i can get more info on the math oriented jobs you mentioned?</p>
<p>i always thought IB souned kind of boring, but does it get more interesting as you move up from analyst to associate to VP, and so on?</p>
<p>I heard many people in IB leave the job within 4 years.....</p>
<p>Renman,</p>
<p>If you'd like to know more about business jobs for math-type people, use google and talk to math advisors in college; they're usually very helpful at giving you info. on what cutting edge opportunities exist.</p>
<p>are the salaries for the more math jobs similar to IB? i cant talk to a college adviser b/c im not there yet but i'll try google</p>