Wake Forest or UMich(econ transferer)

<p>Hey,guys. I got admitted to both schools as an international transfer student.
Major is econ.
And I think I will be a sophomore at both schools since the number of transfer credits will be between 20-40.</p>

<p>Here's a little info about myself.
I will graduate with an econ degree and probably will go to a b-school. But at the end of the day, I hope I can work in IB or consulting firms.
I may get a minor in math or cs but not sure about the rules in these schools.</p>

<p>So, based on your knowledge from all perspectives and all angles, which is better for me? which one will you choose?</p>

<p>bump bump.</p>

<p>Is there a cost element we should be aware of (international students do not usually get FA or scholarships from universities, and Wake Forest is roughly $8k more expensive than Michigan)? Do you have a personal preference? Both are excellent, but they are different. Michigan will probably have a stronger presence on Wall Street, but most IB focus their efforts on Ross, so you are not likely to benefit from on-campus recruitment if you are in the school of LSA. Instead, you are going to have to network and act on your own initiative, which, given the size of the alumni network on Wall Street, can be fruitful. Consulting firms like McKinsey and Bain do in fact recruit directly from LSA, but again, they tend to hire more from Ross. I am not sure how Wake Forest fares in the domain of IBanking and Consulting, but in general, getting such jobs, even at top universities like Michigan and Wake Forest, is, at best, a shot in the dark. </p>

<p>Something else to consider is the reputation of those universities in your home country. Michigan usually tends to have a stronger global reputation than Wake Forest.</p>

<p>Charlotte NC is a big hub for finance. I’m willing to bet that WF would have good internships and placement in Charlotte firms. Not sure how LSA fares with big firms. If you get very good grades in LSA you might get some internships but Michigan’s IB placement is known for Ross, not LSA.</p>

<p>teenbodybuilder, what the OP needs to know is whether or not Wake Forest is a target school. Michigan obviously is, primarily through Ross. Unfortunately, LSA students are not going to benefit from that directly. Is Wake Forest a target too? Or will they have to apply to IBanks like LSA students rather than be recruited directly on campus like Ross students? And do consulting firms recruit Wake Forest students like they recruit LSA students?</p>

<p>Alexandre, u r as nice as I saw u in other UMich threads. Thank u so much. U r being very objective.
Yes, WFU is a little more expensive. But my family will support me as long as it’s the right decision.
And yes, they are very different schools and I don’t really wanna show my preference since I’m here because I wanna hear from others.</p>

<p>teenbodybuilder, thank u. And I always know that bschool students are better in finding jobs than econ major. But what I don’t understand is that if this happens at UMich, what’s the reason that the situation will be better in WFU? U know, WFU bshool is not bad as well.</p>

<p>Wake Forest is a target school for Charlotte firms, but not Wall St. LSA is not a target for Wall St, but Ross is. OP would have to work extra hard to get to Wall St from LSA, but it could be possible. It would be impossible from WF. It’s not like Ross is a shoe-in to Wall St, so OP would need like a 3.8+ GPA from LSA.</p>

<p>It depends if OP wants Wall St or not. If he does, he has a better chance at LSA, but still not a good chance. If he want to go to a smaller financial hub, a place like Chicago likely recruits from LSA and Ross Wall St rejects. A place like Charlotte (#2 behind Wall St) would recruit from WF. </p>

<p>I don’t think either is good for Wall St. OP needs an MBA from a top school for that. If I was OP I would find out which smaller finance hub has firms that actively recruit at both and go to the one which will get you to the desired hub. If OP is going back to an international country, Mich would have the most prestige.</p>

<p>teenbodybuilder, thank you so much. I just have a rough picture of my future career. And your insider opinion just makes me realize it’s not enough and I’d better make it clearer if I wanna make the right choice.
Of course wall st is my dream place to work in. I haven’t done much research on Chicago and Charlotte. But I bet they are good places to start my career.</p>

<p>Teenbodybuilder, as for Charlotte firms, how’s the competition between Econ undergraduates and Bschool undergraduates in WFU?</p>

<p>I agree with all of teenbodybuilder post above. </p>

<p>Try going on the UMich and WF forums for specific answers. I don’t know enough about each school to give you an accurate answer on that.</p>

<p>But that’s the key, you’re only starting your career at a smaller hub. After experience and maybe an MBA, you could very well end up on Wall St down the road.</p>

<p>teenbodybuilder, oh i see. I thought u were from WFU since u knew so much lol.
I think that, normally, students at their schools will lean to their own schools if the choices are close. And it’s human nature, right?</p>