ross vs. ioe

<p>for jobs in banking/trading/consulting which of the two programs is better? what kind of jobs do you get coming out of the business concentration in ioe?</p>

<p>Ross. Solely because of the recruiting.</p>

<p>^
I disagree except for banking. </p>

<p>For consulting, if you are good and can get into the program, EGL places much better in consulting than Ross.</p>

<p>For trading, having gone through trading recruiting myself, not only do almost every BB post for trading positions on HireME, I also get access to the prop trading firms and quant funds like DRW, CTC, DE Shaw, Citadel, Bridgewaters that barely recruit Ross. It’s much easier to cruise through trading interviews as an engineering major too. For the BB interviews (and I interviewed with every single one), I was never asked any mental math/probability/brainteaser type of questions the other Ross students complain about getting (after superday). The math ability is implied and they dont bother testing you and they also give you a lot more leeway in terms of markets/technical questions. </p>

<p>I think if you want banking, do Ross. If you want consulting/trading, save yourself the useless vocational training, excel in engineering and get into EGL and you are gold.
Prop shops on the other hand was heavy math grilling but that’s a different story.</p>

<p>^Does EGL actually provide any specific advantage on it’s own? It would make sense that it places higher in consulting because the GPAs for EGL students are higher than CoE as a whole.</p>

<p>All MBB and some of the second tiers routinely hold private events with EGL that are closed off to the rest of the school</p>

<p>Oh, okay. Thanks.</p>

<p>I don’t know – I still would go with Ross for consulting or BB S&T… unless maybe you are good enough to get into EGL. Of course for prop shops and quant funds, a quantitative degree would be much better. I’m all for sparing the vocational training, but in my experience the trump card goes to Ross in general for MBB and BB S&T recruiting. (Except for M, who posts on LSA = level playing field.)</p>

<p>Your job opportunities will depend more on your GPA than whether you graduated from Ross or IOE. However, given the similar GPA’s, Ross would be a better choice.</p>

<p>“Your job opportunities will depend more on your GPA than whether you graduated from Ross or IOE. However, given the similar GPA’s, Ross would be a better choice.”</p>

<p>So average GPA in Ross > top ~7% in IOE?</p>

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<p>Your job opportunities will depend on the level of access you have to recruiters. Ross >> IOE for most business jobs, on average.</p>

<p>“Your job opportunities will depend on the level of access you have to recruiters. Ross >> IOE for most business jobs, on average.”</p>

<p>As I said, even without EGL, for consulting, I dont see a significant advantage for Ross.
Bain posts on HireME. McK does schoolwide recruiting and take a fair share of engineering majors for interviews. BCG does a dedicated Michigan resume drop for the entire school. ZS posts on both HireME and Impact and hire a lot of IOE. So does low tier firms like Deloitte and Accenture. There’s virtually no difference in consulting recruiting.</p>

<p>For S&T, getting interviews for BBs is slightly easier at Ross but not by much.
S&T loves engineers and most post on HireME either way, with the exception of GS, MS, JPM and BAML (JPM and BAML did not post for S&T for Ross either). So the difference is 2 firms, but for engineering you also get a lot of quant shops and prop shops that barely recruit Ross and you can use those as backup if BB S&T dont work out.
Also, one significant difference that is not mentioned is that if you go from Ross to BB S&T, there’s a >50% chance you get placed in sales (the size of sales staff is a couple times bigger than the size of a trading staff at any bank). While if you come from engineering, you will most likely be placed on a trading desk because of your implied quantitative abilities. </p>

<p>For banking, there’s no contest, go to Ross. </p>

<p>And whether you would get into EGL, it’s not that hard. If you have a 3.6+ (top ~15% gpa in COE), you are an automatic in. If would imagine if you have the ability to be close to the top at Ross (in order to stand out in the resume drop process), you should be good enough to get into EGL.</p>

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<p>BCG didn’t post on LSA for SA this past year.</p>

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<p>Do you know this for sure or are you just inferring based on the size of a banks sales staff?</p>

<p>"Quote:
BCG does a dedicated Michigan resume drop for the entire school.
“BCG didn’t post on LSA for SA this past year.”</p>

<p>BCG posted a dedicated Michigan application link on HireME that every michigan student (including LSA students) can apply to (similar to Mckinsey’s), they just didnt advertise it on career connector like McK did.</p>

<p>“Do you know this for sure or are you just inferring based on the size of a banks sales staff?”
Obviously there are no statistics but based on my SA class last year and this year, people placed in sales out numbered people placed in trading by about 1.5:1 ratio, and I am just saying it makes sense because there are more salespeople than traders on any trading floor and the salespeople have to be recruited somewhere. Also, I dont think there is any question that you have a much much higher probability of being placed in sales coming from a business degree than a quantitative engineering degree all else being equal.</p>

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<p>Dang, news to me, lol. Not that I want consulting any longer.</p>

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<p>No need for exact statistics – a lot of “evidence” that goes around at this school is hearsay (with varying degrees of legitimacy). Could be true, but it also could be true that banks recruit for sales from lower schools.</p>