Which school?

<p>I'm an international student planning to study finance in the US.</p>

<p>I got accepted to Binghamton University and Indiana University<a href="didn't%20manage%20to%20qualify%20for%20the%20direct%20admission%20to%20the%20business%20school%20though">/b</a>. I also got waitlisted at **Tulane University, and I'm waiting for the decision from Baruch College.</p>

<p>The most important thing for me is scoring an internship and a job. I care less about the quality of teaching. I also spend a lot of time trading options and studying finance on my own.</p>

<p>Thank you in advance.</p>

<p>Great options to choose from. In terms of the schools listed I would recommend Binghamton, as they have a very strong management/business department.</p>

<p>I always thought that Indiana’s Kelly Business School had more recognition in the business world. </p>

<p>Theres also the problem that you are still not in the Kelly Business school yet.</p>

<p>i dont think it really matters… none of these schools are remotely close to being a target, or even semi-target for that matter. Go to wherever you like, work your butt off and network like crazy</p>

<p>Honestly, you know there is more to investment banking than target schools. </p>

<p>[The</a> Investment Banking Network at Indiana University: Index](<a href=“http://kelley.iu.edu/ibn/]The”>http://kelley.iu.edu/ibn/)</p>

<p>“JPMorgan has hired 37 Indiana students into our summer and full-time analyst programs, and Indiana is frequently one of the largest sources of incoming analysts at JPMorgan.”</p>

<p>I would choose Indiana because of their investment banking program. Indiana has a program designed at landing you an investment banking job. The Junior seminar is invitations only. When you get into college, just work like an investment banker. If this is really what you want to do in life, then everything else needs to take the backseat. You can get into the business program once your in Indiana, I don’t know how it will hurt your chances at getting into the seminar. </p>

<p>If there is only two tiers, target and non-target, Indiana seems like one of the best of the non targets. </p>

<p>Only I wouldn’t solely consider Indiana for that, it seems sort of risky to place all your eggs in one basket. Also, I don’t know much about the other schools on your list. Does anyone else have opinions on Indiana and investment banking?</p>

<p>im going as a direct admit to indiana for the investment banking workshop, 100% placement rates for anyone in the workshop, the avg. acceptance into that program is people with 3.75 gpa and only a certain amount get in so be ready to compete, i love studying about finance and investments so i plan to work really hard</p>

<p>First, as an international, even if you went to Harvard or Wharton it’s highly unlikely you will get any ibanking internship or job in the US. If you’re coming for that reason, do your research. Banks can not hire internationals to work in the US. If you go to a very, very top school and develop some highly unusual skill they can not find in others, a few may try to sponsor you. But all sponsored candidates go through a lottery that most don’t win. Most banks will not even consider sponsoring anyone just out of undergrad, and as stated above, none of your schools are targets.</p>

<p>If Indiana is currently placing 100% of it’s workshop grads in ibanks, I have to wonder which ones. Top Wharton students are having a hard tome getting jobs this year.</p>

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<p>Could you possibly be more obnoxious? It’s going to be hard to get along in the industry with your attitude. </p>

<p>While I was in the analyst class of a bulge-bracket firm, I always looked curiously at the smaller tier, more boutique like firms as maybe providing a better experience. These are good places to start one’s career and wouldn’t snub my nose at them if going to IU is leading to positions there. Personally, I didn’t know anyone from IU in my or roommates’ analyst classes to be able to say to what extent it’s a target or how it’s changed since I interviewed.</p>

<p>Get used to dealing with self-obsessed, obnoxious people if you are looking at IB as a career.</p>

<p>hmom5: I think you’re confusing some things. I realize that it is harder to get an internship and a job as an international student. The F-1 visa allows students to do internships, and there are no expensive or hugely bureaucratic legal measures to go through. Though companies tend to favor Americans, which is understandable. </p>

<p>An H-1B visa officially requires that the company verifies that there are no Americans who are as qualified for the job, like you said, but there is no lottery involved like you implied. There is, however, the DV lottery which gives green cards to foreigners every year and I intend to take part in that every year (the chance for each year is about 1/3 for my home country). As a green card holder I would not need a work visa. </p>

<p>Believe me, I have done my research and I personally know a friend of my father who worked in Investment Banking in New York City for serveral years on an H-1B visa with just an undergrad degree, and he told me he wasn’t the only one there.</p>

<p>Thank you for all your answers, I absolutely realize that none of my schools is a target school for Investment Banks, but I didin’t come here to brag about them.</p>

<p>@WarrenG:</p>

<p>If it’s the DV lottery you wanna talk about, hit me up. I can help you with that.</p>

<p>Warren, I think it’s you who is confused. While a student visa allows you to work for 12 months, employers are looking for interns who they are able to hire upon graduation. From our end, that’s why we have internships. We’re not interested in hiring and training anyone we can not hire full time upon graduation.</p>

<p>Also, in ibanking, we can’t typically use H1-B’s these days, and the only candidates anyone is likely to try for will probably be MIT or Caltech grads with truly amazing backgrounds, but here’s a recent article that explains the lottery, there are many more applicants than can get the limited number now available:</p>

<p><a href="http://www.nytimes.com/2009/04/12/business/12immig.html?_r=1&scp=1&sq=where’s%20sanjay&st=cse[/url]"&gt;http://www.nytimes.com/2009/04/12/business/12immig.html?_r=1&scp=1&sq=where’s%20sanjay&st=cse&lt;/a&gt;&lt;/p&gt;

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How about JP Morgan? Or Deutsche Bank ranking Indiana as a top tier school? What about sending 70-80 students to work on Wall Street in 2007?</p>

<p>[The</a> Investment Banking Network at Indiana University: IBA Index](<a href=“http://kelley.iu.edu/ibn/IBW/advantage.cfm]The”>http://kelley.iu.edu/ibn/IBW/advantage.cfm)
[Indiana</a> University Undergrad Profile](<a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?)
[Indiana</a> University: Undergraduate Profile ? BusinessWeek](<a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?)</p>

<p>Some fun excerpts from the 2009 Business Week link.

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<p>I’m sure those that don’t do well in Indiana’s program can land a job at Piper Jaffray too. </p>

<p>Honestly Indiana can’t be bad for investment banking.</p>

<p>omaplata - i remember reading a post from you once where you said you would stop posting once you reached 100 posts because you looked down on those who posted here too much as having no life, or something to that effect.</p>

<p>i think the board would be a better place if you followed that advice. you’ve never worked a day in your life in banking as far as i can tell. stop being such an arrogant tool. </p>

<p>that being said, i can think of very few cases where going to one of those banks over a bb would be a wise career move.</p>

<p>Hey, sorry for being off topic, but I love Jui-Jitsu! The “omaplata” to a gogoplata rocks lol.<br>
Actually omaplata was going to be my original server name for CC, but now I know who stole it lol. I weigh about 125 after cutting weight lol.</p>

<p>I-banking is super competitive. I mean, my cousin who works at Citigroup was a Columbia graduate and had to haul serious as s to get one - and that was almost ten years ago too.</p>

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<p>My several years experience in IB and then the buyside to your ZERO, sure you’re the informed one and I’m the idiot, that makes sense. I wasn’t talking about Des Moines, Iowa but boutiques in NYC, Boston, Philadelphia, LA, etc.</p>

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<p>You obviously have no idea what’s involved in working at a BB IB on a deal to make a statement like, so why don’t you spare everyone the trouble of sifting through misinformation in learning more about the industry.</p>

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<p>There’s more to IB than M&A. I know way more people in IB analyst classes than you do to know what they want and what they went on to do. I find it comical that someone with no experience could possibly justify being such a know-it-all in this regard.</p>

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<p>I’ve never heard of Stephens but considering that 80%+ of analysts don’t stay in IB, I’m saying what firm you’re at has less to do with your future success than you as a person, luck, happenstance, etc. I’m not saying going to Piper Jaffray over Morgan Stanley is better but just not as important in determining the rest of your life than you make it out to be.</p>

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<p>Not even close. I thought there were some pathetic tools in my analyst class but you take the cake. There’s no way you’re getting to KKR or Blackstone being that caustic.</p>

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[QUOTE=omaplata]

It’s still fairly early in the process, but I’ve got a second round interview with Goldman Sachs and notified of a first round with Lazard. I go to an Ivy target. The other banks will contact you about a week before your school’s interview date, which will vary from target to target.

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<p>[url="<a href="http://talk.collegeconfidential.com/1061624481-post2.html"]01-10-2009[/url"&gt;http://talk.collegeconfidential.com/1061624481-post2.html"]01-10-2009[/url</a>]</p>

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[QUOTE=omaplata]

meg926an, the first thing you will learn in banking is a lesson in humility. Your post had no point; all you did was boast and it makes you look like quite the tool.

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<p>[url="<a href="http://talk.collegeconfidential.com/1061822883-post13.html"]02-13-2009[/url"&gt;http://talk.collegeconfidential.com/1061822883-post13.html"]02-13-2009[/url</a>]</p>

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<p>It’s not reading comprehension, it’s interpretation. You don’t even use terms correctly. It’s pretty easy to see where your pretentious head is at.</p>

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<p>Your posts on here show that if you actually believe this, you either were never in banking or didn’t learn anything.</p>

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<p>Yeah, right. You have no idea of my experience to comment but you are quite obviously still a student without any full-time experience.</p>

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<p>Obviously, humility was not among them despite the fact that you previously claimed humility was the first thing one learned in banking.</p>

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<p>Age and position is inaccurate and you know you have nothing to refute it.</p>

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<p>The same as me as a college senior except I wasn’t a pompous braggart about it.</p>

<p>You must have spent a good deal of your high school career jammed in a locker.</p>

<p>it’s great how the author of this gem is telling others they need to get laid:

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<p>cries of a repressed virgin if i ever saw it. and to preempt the inevitable “stalker” argument - i’m reading your posts because they are a comedy goldmine, not because i give a **** about you. “sub-prime flesh” is a classic.</p>

<p>this forum really has reached a new low. good luck getting a ft offer this summer. all the people i know from my school who went to top bb’s with an attitude like yours failed to get an offer. i know one who got kicked out halfway through from goldman after having “arrogant b**tard” be the only thing written on one of his reviews.</p>