Tufts for Business and Banking?

Colleges and Universities A-Z Tufts University
1

<p>Hey everyone, I was admitted RD as a member of the Tufts class of 2017! I was also admitted to UMich (with a 10k scholarship) and UC Berkeley. </p>

<p>I was wondering how Tufts was for banking/business? Are students able to get internships with big wallstreet banks? I know tufts has no undergrad Business program, but are students still able to break into business?</p>

<p>Do you think going to tufts would put me at a disadvantage for business/finance related internships as compared to attending Berkeley or Mich (two schools with top business programs)?</p>

<p>Thanks for the help, I really love tufts, but its getting hard for me to justify!!</p>

2

<p>My son is a pre-med freshman at Tufts and loves it. My high school daughter is interested in business/finance. We would probably not be looking at Tufts for her. The other 2 schools you were accepted to have top business schools as you mentioned. So it’s a no brainier.</p>

3

<p>Tufts is actually surprisingly good at recruiting kids into the investment banks. The undergraduate investment club is pretty reputable and is a good feeder (it was featured in businessweek several years back). It also helps that, for example, Jame Dimon, the CEO of JP Morgan, is a Tufts alum. But Goldman Sachs recruits on campus. And grads have gotten internships or gigs at the major investment banks (Credit Suisse, UBS, Barclays, Morgan Stanley, Goldman Sachs, JPM, etc.). </p>

<p>So yes, Tufts is actually pretty good with that stuff.</p>

<p>Business undergraduate doesn’t really teach you the same stuff (especially since Wall Street is way different). Plus, the proximity to Boston and NYC (two finance hubs) are a huge benefit for Tufts. I can’t speak for Michigan, but I know for West Coast schools, there is not a huge amount of presence on Wall Street. That’s because West Coast is more “Start-up.” Remember, Finance and Business aren’t necessarily the same thing (I would actually contend majoring in something other than business is more useful).</p>

4

<p>I have a few friends from Tufts that are working in various aspects of finance on Wall St. and elsewhere in/around NYC, including JP Morgan. I also know people doing finance/consulting around Boston.</p>

<p>I don’t know how difficult these jobs are to come by, but as far as I know all of my friends who sought out these jobs managed to land one (coming from majors such as Economics and Math).</p>

5

<p>Thanks for all the input! Does anyone know about the International Finance and Banking concentration available through the IR major at Tufts?</p>

6

<p>bump 10char</p>

7

<p>Since most companies/banks are international these days, it is a good idea to study international finance, if you want to study finance.</p>

<p>International finance can be studied in the context of either a Business or Economics degree. Economics is a more theoretical treatment, which can be argued is the better approach at the undergraduate level. Harvard offers Economics, not business at the undergrad level and there are many Harvard alums in business and on Wall Street. </p>

<p>IR is a multi-disciplinary major where one of the disciplines is international economics. That is why international finance is offered as one of the concentrations within the IR major. </p>

<p>IR with an international finance concentration can be a good way to prepare for a career in international finance/business because it will provide an understanding of international finance as well as a broader understanding of the international context in which you will need to make financial decisions – which is valuable. For the “IR portion” you would probably want to choose to study a region of the world that is important to the business/investment community. Understand that the IR major carries a heavy language requirement – which is relevant for international business, but make sure that you are comfortable with it.</p>

<p>An economics major with a concentration in international finance is another, if you want to come at it from a different angle than IR.</p>

<p>Here is the list of econ courses you could take from any approach – note the number of advanced (100 level) finance courses. </p>

<p>[Department</a> of Economics: Tufts University](<a href=“Home | Department of Economics”>Home | Department of Economics)</p>

<p>You can also petition to take courses at Fletcher, which has a Masters in International Business program</p>

<p>[Your</a> Career: Banking & Finance | Tufts Fletcher School](<a href=“http://fletcher.tufts.edu/Academic/Your-Career/Banking-and-Finance]Your”>http://fletcher.tufts.edu/Academic/Your-Career/Banking-and-Finance)
[International</a> Relations Program : Tufts University](<a href=“Homepage | International Relations Program”>Homepage | International Relations Program)
[Undergraduate</a> students taking advantage of Fletcher offerings - Undefined Section - Tufts Daily - Tufts University](<a href=“http://www.tuftsdaily.com/2.5541/undergraduate-students-taking-advantage-of-fletcher-offerings-1.601539#.UXq59ErD_EY]Undergraduate”>http://www.tuftsdaily.com/2.5541/undergraduate-students-taking-advantage-of-fletcher-offerings-1.601539#.UXq59ErD_EY)
[Cross-Registration</a> | Tufts Fletcher School](<a href=“http://fletcher.tufts.edu/Academic/Cross-Registration-Information]Cross-Registration”>http://fletcher.tufts.edu/Academic/Cross-Registration-Information)</p>

<p>Study abroad is a good way to augment your major and differentiate yourself -especially if you want to go into international banking/business. Tufts has programs with Oxford and University College London, both of which have world-class economics departments. A 3.7 GPA is required for Oxford and a 3.5 GPA is required for UCL (with an A average in economics classes). Some Tufts students also go to the London School of Economics, which is another world class program (I don’t know if there are minimum GPA requirements there). The Tufts in Hong Kong program has no minimum GPA and offers both business and econ courses taught in English, and is in a business relevant part of the world. There are other options if you are comfortable taking courses in a foreign language and/or want to go on a non-Tufts program (you will need to get courses pre-approved.) </p>

<p>Lastly, I would get involved with the Tufts financial network (this is where you will meet the alums at JP Morgan) and join Fletcher’s International Business Club (where nearly everybody will have business experience) this is probably more important than your selection of major</p>

<p>[Tufts</a> Financial Network: Get Involved - Student Groups](<a href=“Home | Tufts Alumni”>Home | Tufts Alumni)
[Welcome</a> to the International Business Club at the Fletcher School | Tufts Fletcher School](<a href=“http://fletcher.tufts.edu/IBClub]Welcome”>http://fletcher.tufts.edu/IBClub)</p>