UCLA,USC, and investment banking...

<p>Out of curiosity would UCLA's biz econ major offer a better foundation for someone who wants to go into Investment banking, than USC's Marshall School of Business? I realize UCLA is a higher rank than USC, but USC's concentrations seem to be more career specific.</p>

<p>Also, touching base on the first question: Would biz econ be the best major to pursue at UCLA or USC for this type of career? If not, what B.S. and/or MBA at either USC or UCLA would look the best on a r</p>

<p>usc. ucla doesn’t have an undergraduate school of business</p>

<p>go to cal or usc for i banking. better yet, go to an ivy.</p>

<p>Go to Cal. Don’t go to USC under ANY circumstances.</p>

<p>Seconded, TheHutt. Wise words indeed.</p>

<p>yea thats true actually usc is ranked too low even though its private.</p>

<p><a href=“http://talk.collegeconfidential.com/investment-banking/459445-best-undergraduate-college-investment-banking-hedge-funding.html[/url]”>http://talk.collegeconfidential.com/investment-banking/459445-best-undergraduate-college-investment-banking-hedge-funding.html&lt;/a&gt;&lt;/p&gt;

<p>If you can get into Haas that is…</p>

<p>But seriously, what the hell is up with i-bankers? Please do something more than ruining our economy, kthxbai. Not an attack on you persay, but think about how you can impact the world.</p>

<p>^Probably just wants the $. You gotta want money bad to endure that kinda lifestyle.</p>

<p>^ some people actually like that shiet. Money is everything, it probably won’t buy you happiness but it can get really close.</p>

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<p>Let’s put biases aside and explain what USC can offer that UCLA cannot. Perhaps better networking? idk.</p>

<p>I’ve heard USC networking is very strong… although, here’s the thing. It seems like the people who are high up and successful don’t care as much about he “Trojan Family” - as in, they won’t go out of their way for a fellow Trojan… on the other hand, it seems like those who “network” are the one’s who slid through, barely got a degree, and expect a six-figure salary after college - like USC is some pipeline to a fantastic job. I’m not denying that USC is a great school for business, with a very strong support network (I was forced w/ the same situation, chose UCLA for cost and fact that job prospects probably equal if not better), but I question the validity of the “strength” of the Trojan family. </p>

<p>People act like if you had two people applying for a job, a USC and UCLA grad, being hired by a USC grad, the USC grad would get the job, forgetting to realize the UCLA grad had a 3.65, has strong recommendations, and previous interships with large firms, where as the USC grad has never worked a day in his life due to daddy’s fat pockets.</p>

<p>Now with all that said, I’m not saying USC is better than UCLA, nor UCLA better than USC. All in all, the job prospects will probably be about even. Do biz/econ w/ the accounting minor, you will be fine, do the business administration major at Marshall, your fine (but with less money :P) but I question the validity of the strength of that Trojan bond after graduation.</p>

<p>That was good advice binks09. However, I have another question, how likely (or common) is it for people with a B.A/ B.S. in Biz econ/ Business Administration take the LSAT come post grad?</p>

<p>Also, here are some sites about I-banking which might explain why people chose this career. $$$$.
[About.com:</a> <a href=“http://www.careers-in-finance.com/ibsal.htm[/url]”>http://www.careers-in-finance.com/ibsal.htm](<a href=“http://beginnersinvest.about.com/gi/dynamic/offsite.htm?zi=1/XJ/Ya&sdn=beginnersinvest&zu=http%3A%2F%2Fwww.careers-in-finance.com%2Fibsal.htm]About.com:”>http://beginnersinvest.about.com/gi/dynamic/offsite.htm?zi=1/XJ/Ya&sdn=beginnersinvest&zu=http%3A%2F%2Fwww.careers-in-finance.com%2Fibsal.htm)</a></p>

<p>A more I-banking specific site for those who may be unfamiliar with the profession.
[Understanding</a> Investment Banking | Mergers & Inquisitions](<a href=“http://www.mergersandinquisitions.com/]Understanding”>http://www.mergersandinquisitions.com/)</p>

<p>LSAT - you’re aiming for law school.</p>

<p>Basically then, it doesn’t matter. Law school admissions are 95% based on your LSAT and GPA. Your undergrad major doesn’t matter, nor does the school, as long as it is a good school (as both USC and UCLA are). I know Biz/Econ or Biz Admin are common to take the LSAT. Behind Poly Sci, its probably one of the most popular majors for those wishing to enter law scholol.</p>

<p>ucla/ucb/usc/… it doesn’t matter. unless you go to an ivy league school, it will be very very very tough to get an ibanking job (even to get a summer internship). banks recruit at all the major california schools, so if you’re good enough you’ll land an internship from any of the above schools.</p>

<p>I will say USC. Remember that at UCLA you’ll be a Pre BusEcon. I don’t know the statistics of those who don’t make it in, but at USC if you’re accepted into Marshall, you’re in for sure. Generally speaking USC is more pre-professional than UCLA is. I think that’s personally a plus for UCLA, but relative to your goals USC seems to be a better match.
In the world of finance/business, connections do matter. So even if the connections aren’t as good as binks stated, compare and contrast the companies that come to recruit at USC, and specifically Marshall. I remember when I was looking at the list, I was very impressed with USC’s list. In a field like investment banking, you aren’t only competing with your classmates, you’re also competing with neighboring colleges and other business majors. Which mean you need to load up your resume with the best internship experiences possible related to your field.</p>

<p>Forget I-Banking.</p>

<p>USC and UCLA are both too ****ty to be the ibanking favorites, anyway.
That and the fact that you are in the Westcoast doesn’t help at all.</p>

<p>If you are in the West Coast and want to make money, go for Real Estate or Accounting. I-Banking is the East Coast job. Unless you are Stanford, Haas (not Berkeley), or CalTech, forget ibanking. </p>

<p>I-banks may visit UCLA and USC (a very few), but the actual number that gets recruited at each school is a single digit. If you are for some reason so confidence in yourself that you think you can be one of the nine or ten selected few for the thousand or so applicants, go for it. Note: That’s for UCLA/USC alone. now multiply that by x to take into consideration EVERY math/business/engineer/econ/finance majors from every universities in California that are interested in ibanking, you have less than .01% chance of becoming an actual analyst in the WESTCOAST. The East Coast is even tougher.</p>

<p>UCLA is heavily concentrated on accounting. USC tries to be legit but they fail anyway.</p>

<p>Edit: Sorry for the extremely generous count of I-banking recuits at UCLA. Replace Nine/Ten with Three/Four to get a more accurate figure.</p>

<p>kids still want to be I-bankers? Is this 1999?</p>

<p>^ Haha, my thoughts exactly.</p>