Undergrad B-school vs. Econ Degree

<p>I study at UAmsterdam, and common is 6 people I know landing positions in 2 years. Not all were econ or business majors either; two graduated in physics, one in psychology.</p>

<p>Leo do you not understand what you are saying is a subjective opinion and that businessweek is a far from complete source. You can say that these jobs on average pay more because of the nature of the work, but you cant claim they are better.</p>

<p>I agree with southpasdena that those companies cannot be considered inferior. One company will have something another does not. However, I would still say that someone from Georgetown has a better chance of getting the job he/she wants than someone from ASU. And while we cannot judge companies as better or worse than any other, it is NOT subjective to rate them based on selectivity. So to say that Goldman Sachs is harder to get an interview than 3M is pretty much a fact. Some people will say that GS is "better" because it is more prestigious and selective. The "better" is a subjective judgment, but the selectivity/demand for the job is objective.</p>

<p>Look at the numbers guys ! ASU placed 7 at 21 Bell, 6 at Honeywell, 4 at Boeing and 2 at Intel.</p>

<p>Georgetown placed 14 at JPMorganChase, 9 at GS,6 at DB, 6 at Merril Lynch, etc!!</p>

<p>There is clearly no comparison.</p>

<p>
[quote]
Leo do you not understand what you are saying is a subjective opinion and that businessweek is a far from complete source. You can say that these jobs on average pay more because of the nature of the work, but you cant claim they are better.

[/quote]

Look, this is an online discussion website, everybody has their own opinion about everything, and in my opinion (and probably most people on CC), the career ops at G-town are significantly better than ASU's. IB is just one example. I'm sure if someone from G-town applied to companies that recruit at ASU, he would be given an interview, whereas if someone from ASU applied to a BB job, he probably wouldn't be given an interview.</p>

<p>Well, in the case of business schools, isn't the job placement a greater factor than other types of study?</p>

<p>
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Well, in the case of business schools, isn't the job placement a greater factor than other types of study?

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YES 10 char</p>

<p>yes it is, but categorizing a certain sector as being better than another is impossible since it is based on preference. You cannot base the opinion of a small subset of the college community and say that just because those who are members on cc believe investment banking/consulting, that it must be true in general. </p>

<p>Note: ASU started for the 2006-2007 school year a program similar to Indiana's for an investment banking workshop.</p>

<p>
[quote]
I'm sure if someone from G-town applied to companies that recruit at ASU, he would be given an interview

[/quote]
</p>

<p>this simply is not true in all cases as many feel colleges such as gtown and even michigan are rather demanding, and the fact that although these business which are majority national companies conduct 90% of their recruitment strictly from regional campuses.</p>

<p>
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Harvard=Yale=Princeton=Wharton

[/quote]

For recruiting, maybe. For education, the latter lags behind by a mile</p>

<p>Wow, I love all of the ASU praise. I might be going there myself and want to do ibanking. </p>

<p>ASU places about 1 or 2 (hopefully a few more now with the ib workshop) into BB ibs every year. They then place a few more into opps and a few more into botiques. Now compared to Gtown or Umich thats not that good, but it also costs a lot a lot less money instate and I think that the college experience would be awasome as well. </p>

<p>The reality is if you want IB or consulting from ASU or any college you can get it. You just have to work a lot harder for an interview than a Gtown or Mich kid. But then again they will graduate with huge student loans and you will probably be debt free.</p>

<p>Another thing to consider is where you want to live. If you want to live in Phoenix or AZ granted you cant really do ibanking, but there are a lot of great job opportunities and you can get probably almost any of them, now I am sure a Gtown grad in phoenix would do fine in the job market, but an ASU grad will have had the opportunity for internships in Phoenix and will already have connections, alumni and such.</p>

<p>Sorry if this post didn't make much sense,</p>

<p>ASU shouldn't even be a choice for prospective Ibankers imo. Especially OOS your flagship state uni probably offers better value !</p>

<p>All of these companies recruiting at ASU sound great, but what were the positions? were they for hr spots or what? I'm sure the business program at ASU is very good and the universtiy is strong academically and all, but in the world of business, your pedrigree is 70% of the equation for landing a top job. I'm sure there are a couple of kids you land great jobs out of ASU, but what about the majority of the students there? I heard about a kid who got into Harvard as a transfer from a community college, does that mean someone should go to a community college and try to transfer into Harvard instead of going to a strong non-ivy? </p>

<p>Top b-schools are top for a reason: they look good on your resume. And lets all be honest here, who would rather have ASU on your resume than Georgetown when you are trying to get a competitive internship?</p>

<p>I dunno why there's even a debate regarding which is school has better placement. Georgetown and ASU aren't even in the same league...</p>

<p>Pedigree is important when finding finance/consulting jobs. Supply Chain, Real estate, Corporate finance/accounting departments..etc do not rely on pedigree. You obviously only see what is provided to you by this forum. These companies (such as the ones i listed previously) hire regionally. Now take a company such as GE. They have a large range of departments, and an ASU grad will have access to all of these, except corporate finance. Now this is not about Pedigree, rather just that this is a very competitive job. Why do ibanks/top consulting firms care so much about pedigree? It is a marketing tool and it stems from the fact that most of there employees hail from a select number of schools. This is different when looking at a fortune 500 company. </p>

<p>There we go again, all this forum seems to see is ibank/consulting rather than the full gamut that is truly available.</p>

<p>What full gamut? IBanking and consulting are the only worthwhile fields in the business world. After like 1000 posts you should know that by now. ;)</p>

<p>Its weird how you are in Amsterdam and i can still see you winking at me</p>

<p>actually, if you have the pedigree it doesn't matter where the school is or if the job is competitive or not--you will still have the chance. thats the whole reason for getting the pedigree. I'm sure there are great job opportunities for ASU grads, but there are better ones for people at more prestigious schools.</p>

<p>again, in the business world, its all about pedigree. you said it yourself, an ASU grad would have access to a wide range of departments except for corporate finance--well, a georgetown graduate would have access to all of those departments (maybe not in Arizona, but if we are talking about competitive positions I don't know why you would want to work in Arizona for business) as well as corp. finance. again, thats the point of having a prestigious degree, it takes you places where others simply cannot go. </p>

<p>take the georgetown degree to places in Arizona, California, and NY and do the same with the ASU degree. Are you seriously trying to tell me that the ASU grad will get interviews at places in California and NY over the georgetown grad?</p>

<p>Actually ASU grads occupy a good portion of the southern california market just as SDSU occupies a good portion of the Phoenix market. There is a such thing as proximity and even though these schools are in two different states, the measly 5 hour drive has diminished that fact. ASU does okay in NYC. But people never realize this, they dont look at other factors, just as you, dont look at other factors. There are sectors outside of finance in NYC. Do you realize that Oregon alum in ibanking are feverishly trying to get undergrads interested in that industry. 3 years of effort among some managing directors from Merrill and staff has done nothing to interest students. You are making stupid assumptions.</p>

<p>There are 60 or more investment banks/private equity/capital markets firms in southern california (firms start at 3 employees and go up) that have been started by ASU grads or employ an ASU grad(s). Just an interesting tid bit.</p>

<p>^^I'm not sure who you are referring to in this post because its sort of all over the place. </p>

<p>Lets not get sidetracked here with random stats that no one really cares about (how successful are these firms? more so than firms that recruit at georgetown i.e. BBs?) </p>

<p>I don't see how a lack of interest by Oregon students in IB has anything to do with ASU being a better school than Georgetown. And again, it is irrelevant that ASU kids place at a couple of companies around the country--this only becomes relevant to this discussion if you compare how well Georgetown kids are placing. We are making a comparison between ASU and Georgetown here, so lets compare the two schools and not start making generalities about other schools that have nothing to do with the conversation.</p>

<p>Like I and others have said multiple times, sure ASU is a good school and they have a strong program. But it is not better than Georgetown. We aren't judging whether or not ASU is a good program or not, we are judging whether it is better than the other schools listed by the OP. And as many others have said, they aren't even in the same league. I'm surprised that this is even a discussion, because anyone in the business world will tell you the same thing. Georgetown > ASU.</p>

<p>Actually they wont tell you that. Just becuase Gtown has "better" connections to certain jobs does not necissarily make it a better school. </p>

<p>As we look back, i never once said ASU was a better school. This debate started when leo claimed that ibanking jobs are better than others, it did not start as a debate about which school is better. Nor do i think over 500 companies a year constitues to a few companies across the country. </p>

<p>By brining up Oregon, i am trying to show that there is a only a small portion of students that desire ibanking, even with a school that is trying to stimulate interest. Although it may be a rather poor example, i believe it demonstrates (somewhat) what i am trying to say and counter act the belief that everyone is striving for certain jobs that this forum obessess about. I used Oregon as an example because i know practically nothing about ASU's new ibanking workshop and what past alumni are doing to encourage and/or help.</p>