<p>Very good, to say the least :)</p>
<p>hey what do u know about tepper's undergram program in computational finance?</p>
<p>It is pretty hard to get into and they only have a few spaces. We are top 3 for that and the avg salaries are comparable to the ones from CS (72k median).</p>
<p>CS is really a 72k median? Jesus. Is that just from graduates of SCS, or anyone who majored or double majored in CS? Because that is significant incentive to do the extra work and double in CS if so.</p>
<p>Majored/Double Majored/Duel Degreed.</p>
<p>That is why there is incentive to transfer/double in CS. </p>
<p>However, it is not a walk in the park. Nothing worth doing is easy and a double in CS can be challenging.</p>
<p>hey acceptedalready,</p>
<p>for the computational finance ug, do u know if theres a grade cutoff? or is it mostly based on recommendations and such. i plan on applyin to tepper and if i get in i want to try for the comp fin, if not then go for a double with cs.</p>
<p>thanx</p>
<p>Not to steal attention away from the focus of thread, but is double majoring in CS a very common thing to try to do? It seems like everyone here is going to try to get a double major in CS. Not to say that I thought I was being original when I had the same epiphany, but do <em>that</em> many people really choose this route?</p>
<p>guguru: The guy said that they had never taken anyone with below a 3.5 for a while during a comp finance interest thingy.</p>
<p>thelaststop: Not many people have the determination or drive to do it. When you can do your own major (like engineering or business) and get 60k salaries doing what you love vs 70-80k doing something you have no interest in, most people just do their own thing. </p>
<p>ESPECIALLY the business people who really love what they are doing. This is why ECE/CIT people are more likely to transfer/double than other schools. They also usually have the programming background and mindframe to excel in such studies.</p>
<p>what exactly is computational finance?</p>
<p>Integrating business with technology.</p>
<p>I'm also weighing Tepper against Stern and I'm definitely leaning towards Tepper. Stern is well known for its finance program, but finance students from Tepper are also very successful. So if you're uncomfortable going to NYU, rest assured you'll be taken care off at Tepper if you decide to major in finance.</p>
<p>I didn't read all the posts so someone may have said this already, but CMU was ranked #1 (by Newsweek?) in terms of getting a well-paying job right out of school. CMU puts a strong emphasis on technology, which many companies covet. I know plenty of people who get several well paying jobs (70k starting salary) right out of Tepper.</p>
<p>I would like to point out that many students transfer out of both Tepper and Stern, but for different reasons. Tepper is a REALLY demanding school, and require 5 courses per semester rather than 4, like many other schools. Students transfer out because they can't handle the workload. I know several people who failed/were faililng their classes at Tepper and had to drop out. Other students transfer out of Tepper because it isn't enough of a party school for them.</p>
<p>On the other hand, many students transfer out of Stern because the school is too "cold" for them. It's too cutthroat, it's hard to make close friends, and they're not independent enough to live in the middle of the city like that.</p>
<p>With that said, I don't know about the professors at Stern, but the professors and administration at Tepper are EXTREMELY supportive. I might a lot of them and they were all so friendly. My sister, who goes to Tepper, is really friendly with a lot of the staff. This is definitely a result of the fact that Tepper is a small school.</p>
<p>At the same time, that doesn't mean Tepper isn't a competitive school. The students there are very driven and are all fighting to get good internships.. which means the school exposes you to some of the competitiveness you'll find in the business world.</p>
<p>ALSO, I would like to point out that the students at CMU are really, really friendly. I have no idea how that happened but they are. So if you're looking for a friendly atmosphere and the chance to make close friends, I encourage you to look closely at Tepper.</p>
<p>I hope that helped. I know I don't go to CMU myself, but my sister does and I'm really close with her and visit her pretty often.</p>
<p>AGAIN~! "many students transfer out of Stern because the school is too "cold" for them. It's too cutthroat, it's hard to make close friends" did ur sister tell you this?</p>
<p>Thanks for the info! This really confirmed my decision in attending tepper...</p>
<p>No, my friend who is transferring out of Stern told me that.</p>
<p><em>READ THIS BEFORE YOU DECIDE TO GO OFF TO TEPPER</em></p>
<p>"I know plenty of people who get several well paying jobs (70k starting salary) right out of Tepper."
The kind of jobs that max out quickly, yeah. They do well in tech jobs, but if finance is what you want, go elsewhere.</p>
<p>" but finance students from Tepper are also very successful"
I checked this out on Vault. A recent Finance graduate said finance jobs are not to be found at Tepper because they are a non-target school for finance positions. Sure the ibanks recruit.. but for tech positions, which is no where as prestigious as the ibanking positions that many finance ppl are after.</p>
<p>LehmanBros a prestigious ibank, does not consider CMU a target school for ibank positions. They recruit from all the top schools and its a pretty long list, but it doesn't include CMU, for ibank positions. It has one recruit for CMU and that is for IT analyst recruiting, which is not nearly as prestigious. If you're doing IT you might as well try to get a job in MC or Google/Microsoft. But then you're competing with the boat load of CS majors that are more qualified.</p>
<p>Here's the link: <a href="http://www.lehman.com/careers/americas/rec_school.shtml?nav1=rc&nav2=School%20Contacts&nav3=&nav4=%5B/url%5D">http://www.lehman.com/careers/americas/rec_school.shtml?nav1=rc&nav2=School%20Contacts&nav3=&nav4=</a></p>
<p>Also, AA mentioned that computational finance is business integrated with technology. That's not an accurate. it is an extremely math oriented major that deals with computing and analyzing complex mathematical models. what AA also doesn't let in on is that a business major cannot generally get a comp. finance degree because he/she doesnt have enough math background. comp finance requires a degree in mathematics or computer science generally. </p>
<p>Don't let anyone on this board give you false hopes. I'm giving you an alternative perspective, feel free to ignore it. But I've noticed that multiple people on this board are distorting CMU's assets to boost its reputation. They don't realize that your parents are spending a boatload on your education and that you deserve to know the truth at CMU and Tepper.</p>
<p>"On the other hand, many students transfer out of Stern because the school is too "cold" for them." Riiiight. And CMU is as warm as Hawaii. If they are going to be cold in NYC they are going to be cold in Pittsburgh.</p>
<p>Princess, I hope you're not confirming your decision based on a couple of posts on CC... that are not entirely accurate.</p>
<p>Why does Wharton considered the best? Because of the name.. because of the people who have succeeded after holding the Wharton name. Well, name a successful Tepper/(whatever it was called before) grad whose name is not Tepper. After attending Wharton or Stern, it will always be impressive on your resume. Honestly, how many general people know about Tepper? How many recruiters respect Tepper outside of tech jobs? If it's such a great program, how come Ibankers don't consider it a target school for any of its ibanking programs. It even considers UVa, UMich, Northwestern, and even JHU(which doesn't even have that many kids to recruit from since they all go off to grad) a target school, but not CMU Tepper. Tepper has been hyped up by the stupid U.S. News which relies on peer assessment. Just a difference in .1 would have dropped Tepper's ranking. </p>
<p>I'm not saying Tepper is bad. It gives you a great business education. But we all know why you want to be business majors. For the job. Don't tell me you want to learn business to better understand businesses. Harvard, Stanford, Duke, and many other colleges do not see the purpose of an undergrad business education or they would have made it happen. And their grads do pretty damn well in the business world.</p>
<p>I really disagree with gatorade's post. </p>
<p>Most people are offered NON-TECH jobs and not even a majority go off into technical fields. Vault is about as reliable as studentsreview.com where most kids who have bad experiences are most likely to comment. Please COME to the university and talk with some seniors before you spout off your posts online. </p>
<p>"How many recruiters respect Tepper outside of tech jobs?"
This proves you know nothing about our job network. The companies most likely to recruit us include Lehman Brothers, JPMorgan, IBM, and Merill Lynch. </p>
<p>"what AA also doesn't let in on is that a business major cannot generally get a comp. finance degree because he/she doesnt have enough math background. comp finance requires a degree in mathematics or computer science generally. "</p>
<p>I don't say anything about the major and I know quite a lot more about CMU's department than you. They REQUIRE you to start taking the necessary math and comp courses ahead of time to apply to the program. That is why I have stated and pmed people that it is HARD to get into such programs because of space and its high requirements.</p>
<p>"I've noticed that multiple people on this board are distorting CMU's assets to boost its reputation. "</p>
<p>Or perhaps CURRENT students know more about CMU's rising reputation than an applicant. </p>
<p>To summarize: Lehman Brothers, JPMorgan, Merill Lynch, and IBM are the most likely companies Tepper grads go off into. Some do better (ibanking and Goldman Sachs) and some go off into tech companies. You can do what you want here and that is all I'm saying. </p>
<p>I have never given "false" information and you will not find such evidence in my posts. If an applicant must disagree with current students on such statistics then feel free to.</p>
<p>All arguments have been made and supported by stats such as <a href="http://www.studentaffairs.cmu.edu/career/employ/salary/ba.pdf%5B/url%5D">http://www.studentaffairs.cmu.edu/career/employ/salary/ba.pdf</a> and the networking of the current Career Center as well as many graduating and graduated seniors.</p>
<p>"Lehman Brothers, JPMorgan, Merill Lynch, and IBM are the most likely companies Tepper grads go off into."</p>
<p>4-5 people. That doesn't make it a target school. You also fail to mention whether these 4-5 people got that job because they had a double major in ... perhaps CS or another major. Once again, in a class of 80, this doesn't mean much. I can ask you, where is BCG. Every top business school is recruited heavily by BCG(doesn't recruit at CMU), McKinsey, Mercer, Booz Allen, Blackstone Group, Morgan Stanley, Lazard, Deutsche Bank, Bear Stearns, UBS(1 student going doesn't mean they recruit.. neither does 4), etc etc.. None of these top companies (except Booz Allen) probably recruit at CMU.</p>
<p>I could keep going. Getting 4 or 5 students to one company doesn't make it a target school. If you look at a business honors program like at UIUC.. their students are picking up the same jobs as Tepper students and some of those companies actually recruit on-campus. </p>
<p>I showed you on Lehman's own website that it doesn't consider CMU a target school and those 4 students who got jobs had to send in a resume cold and be called back for an interview, just like a talented student at UIUC has to do.</p>
<p>My point is this. All the top business schools have many prestigious companies recruiting them on-campus and consider them target students. CMU, in the eyes of recruiters, isn't considered prestigious enough for them to recruit on-campus. You fail to explain why all these top companies notably exclude CMU Tepper from it's list of elite schools to recruit at. They hit up even the most isolated schools(Dart) and schools that are farther away from NYC(Stanford), but choose not to hit up CMU. </p>
<p>In terms of job opportunities, its a joke to compare CMU to other top business schools like Stern, where recruiters actually come on campus. Stern sends the most kids to Wall Street after Wharton. Top MC and Ibanks treat CMU students like they treat students from other non-target schools.</p>
<p>way to go Gatorade, Stern > Tepper, US NEWS SUCKS</p>
<p>Gatorade, the description of Stern as "cold" was referring to the cold personalities, not the weather.</p>
<p>And might I ask where all this latent anger towards CMU came from? </p>
<p>Also, I'm not exactly sure of the statistics but I'm sure you are since you know everything. If CMU gets only 4-5 students into one company, then Stern, which is practically 6 times the size of Tepper, should get more than 30 kids each into Lehman Bros, JPMorgan, Merill Lynch, and IBM. Is that true? 30 kids into each of those companies? Actually it should be more than that, since Stern's much better than Tepper, right?</p>
<p>AcceptedAlready, you're my hero.</p>