<p>Tennis: Sorry, I did NOT mean to imply that UIUC business is worthless. I meant that undergrad business school rankings are not representative of the potential I-Banking opportunities they offer. If you look at the people that do get these top jobs, you will notice many of them did not even go to schools that offered business at the undergraduate level. Most majored in liberal arts before they got their MBA. I have no problem believing that UIUC is the #1 accounting school and that it ranks well in other fields for business as well. But is it one of the best colleges for aspiring I-Bankers? It seems to me that the private universities (including those that don't offer undergrad business) are the top feeders into I-Banking jobs and prestigious MBA programs. Of the publics, only Michigan and Berkeley do as well. This is why I recommend Ross over UIUC or any other Big 10 business programs for the OP because he said he wants to do I-Banking. On another note, barrons is right about the nature of these jobs. A lot of high school students are mesmerized by the potential income and disregard the unreal workload that investment bankers and management consultants have to go through.</p>
<p>sorry for overreacting to your post. I just went to an I-BAnking Forum just an hour ago and one of the speakers mentioned that at his firm Merrill Lynch that they had hired a bunch of Econ. majors from Princeton. He said that oh sure they were hired but when they got there they truly had no clue in what they were doing.
when it comes to landing a job in investment banking all five speakers said that generally, none of the firms will hire someone unless they've had about two years experience. so my belief is that you need a good firm start in a banking firm and then go from there into I-banking.</p>
<p>I was under the impression junior associates were hired right out of college into investment banking firms, isn't that true? So, for the two years of the experience i assume you mean internships right? Also, I am very motivated and have an insatiable lust for money, so I beleive that Ibanking is the best place for me. I was searching through other forums and discovered that IU Kelley places 27% of its finance majors in Ibanking. This is competitive, but many of you were painting a picture of only those that were in the upper echelon could hope to gain a job. I beleive that this stat has helped make my decision, and I plan to attend IU Kelley.</p>
<p>Well I meant like M&A type of stuff.</p>
<p>A question: What do these 5 yr. B.S./MBA programs entail. I thought that the MBA required two years of experience and a GMAT score? Can anyone help?</p>
<p>yazz, Michigan is actually a 3-year program now. It is difficult to get into, but it's also nice knowing that if you don't get in after freshman year, you can always transfer to a 2-year program somewhere else (like Berkeley).</p>
<p>So, if UMICH has a three-year program does it offer a BS or an associates? Thanks</p>
<p>What are you kids talking about taking gen eds freshman year? That is what APs are for.</p>
<p>This is what your freshman year should look like beside from slacking in Accy despite being an Accy major.</p>
<p>Fall 2004 - Urbana-Champaign
College: College of Business
Major: Accountancy
Academic Standing: Good Standing
Additional Standing: Deans List
Subject Course Level Title Grade Credit Hours Quality Points R
ACCY 201 1U Accounting and Accountancy, I A- 3.000
11.01</p>
<p>ECON 202 1U Economic Statistics I A 3.000
12.00</p>
<p>MATH 230 1U Calculus II A 3.000
12.00</p>
<p>MATH 290 1U Symbolic Computation Lab A 1.000
4.00</p>
<p>PHIL 102 1U Logic and Reasoning A+ 3.000
12.00</p>
<p>SPCM 101 1U Public Speaking A- 3.000
11.01</p>
<p>Term Totals (Undergrad - Urbana-Champaign)
Attempt Hours Passed Hours Earned Hours GPA Hours Quality Points GPA
Current Term: 16.000
16.000
16.000
16.000
62.02
3.87</p>
<p>Cumulative: 16.000
16.000
16.000
16.000
62.02
3.87</p>
<p>This is NOT an Official Transcript. </p>
<p>Spring 2005 - Urbana-Champaign
College: College of Business
Major: Accountancy
Academic Standing: Good Standing
Additional Standing: Deans List
Subject Course Level Title Grade Credit Hours Quality Points R
ACCY 202 1U Accounting and Accountancy, II B+ 3.000
9.99</p>
<p>CS 105 1U Intro to Computing, Non-Tech A 3.000
12.00</p>
<p>ECON 203 1U Economic Statistics II A 3.000
12.00</p>
<p>ECON 302 1U Inter Microeconomic Theory A 3.000
12.00</p>
<p>ECON 303 1U Inter Macroeconomic Theory A 3.000
12.00</p>
<p>please do not try to show off on this thread.
thank you.</p>
<p>^agreed. I already declare him to be a turd.</p>
<p>In other news: The Wall Street Journal's business school rankings are out today. In the national ranking the University of Michigan ranks 1st place. Dartmouth, Carnegie Mellon, Columbia, and Berkeley are also in the top five. (Northwestern got 6th)</p>
<p>In regional ranking (schools that draw many of their recruiters from local region rather than the entire nation) Ohio state gets 2nd, Purdue gets 4th, Michigan State gets 5th, Indiana University gets 15th, Iowa gets 16th, Penn State gets 23rd, Wisconsin gets 25th, Minnesota gets 40th, and finally, Illinois gets 47th, making them the worst-rated business school by recruiters in the entire big ten conference according to the wall street journal (OUCH!). </p>
<p>Illinois was not even in the top three M.B.A programs for Accounting.</p>
<p>This list is very heavily based on the opinions of recruiters, citing "based on how recruiters rated each school on 21 attributes, their future plans to recruit there, and the number of respondents who had recruited there recently."</p>
<p>ouch! wow this seems completley different from bwk rankings and usnews. Wow, I think I might consider NYU again then!</p>
<p>krbarrett - Those rankings are for MBA programs, not for undergraduate programs. Dartmouth, Columbia, and Northwestern don't even have undergraduate programs.</p>
<p>i never said they were for undergraduate programs. In fact, i said M.B.A toward the middle of my post. people have been talking about UIUC's graduate business programs in here, so i thought i'd post it. perhaps i shouldnt have assumed everyone knew how this ranking worked and said it towards the beginning though. sorry guys. have a look if you're considering staying at uiuc after you finish your undergrad though, you might be suprised.</p>
<p>You probably should just consider NYU. truthfully the atmosphere is a lot better there most likely. the biggest downfall to business here is the OVERCROWDED classes. NYU is pretty good and probably the only bad thing about it is the cost.</p>
<p>Show off? I got an A- in accy 201 and an B+ in 202. Not exactly my proudest moments.</p>
<p>Why don't you take advantage of AP classes?</p>
<p>murphy, shut it.</p>
<p>jeez, whats with the hostility?</p>
<p>yeah lets keep it friendly, so for job placements and internships, what university do you think is better, none of the big 10 are near financial centers?</p>
<p>Michigan and Indiana are the best at placing on Wall Street. Others have great regional reputations, and can get you good jobs in the nearby markets. Any Big Ten school has a great reputation in the midwest. There really isn't a significant difference between #2 and #10 (Northwestern doesn't have business).</p>