College/University advice needed

[Sarfarazian92]

PPers who've studied in North America might be able to help me with this.

I'm currently a sophomore at Baruch College which is a CUNY college in NYC. Most of you might not be aware of this name since it's a public college and you won't see it when you look for the top business schools in the US.

I was thinking of transferring to a state or private college that has a higher rank (preferably in the top 50 national universities). I have a pretty high GPA so I think if I applied, I'd have a decent chance of getting accepted.

The thing about my current college is that it's in downtown Manhattan so there are a lot of internship opportunities available and my college also has partnerships with some big firms. If I stay at my current college, I can have an internship while attending college during the spring and fall which I don't know is possible in universities that aren't located in metropolitan cities.

Do you guys suggest I stay at my current college or transfer to a higher ranked and well-known university such as University of Virginia/Michigan/North Carolina or maybe even NYU if I'm lucky. Does your college really matter when it comes to getting jobs or is your GPA all that matters?

There's also a possibility that I might move back to Karachi in the future. People in Karachi have told me that to get a good job in Pakistan it's important to be a graduate of a well-known university regardless of your prior internships or GPA, but I don't know how true this is.

So, should I take a chance and transfer to a more well-known and popular Uni or should I stay where I am?

Any advice will be appreciated.

 

[sjahmed23]

Are you on a visa? Are you doing your MBA or bachelors?

 

[Sarfarazian92]

Are you on a visa? Are you doing your MBA or bachelors?

No, not on a visa.

I am doing my BBA currently.

 

[Pakistanian]

If you plan on living here then yeah stay where you are, those internships in NYC are gonna be more helpful than a degree from UNC or UVA, though you can still get internships going to a big state school or well known private school. I gotta a friend from UT who recently did an internship in NYC, so it's possible. If you're going to move back to Pakistan then I guess having a degree from a big school is more important cause of the ignorance over there about the other good schools here, I guess it's also a bit of a status symbol over there, you might get more respect attending UCLA or Penn State. Depends on what your goals are man, are you going for the experience, the quality of the program, the post-graduation opportunities or you just a want a degree from a fancy school just to show off. Depends on your priorities, the last factor is the most Pakistani.

Btw If you get that bba, you might wanna get an mba too.

 

[marlonbrowndo]

Yes you should transfer to a better university if you can. It makes a big difference. I've spoken to many of my TAs who have already given their job interviews and they said that the people didn't even look at the GPA. They just saw that they were from U of T and of course the interview itself matters. However maybe this is just the case in my university since you need a decent gpa just to stay in your program.

 

[Pakistanian]

Yes you should transfer to a better university if you can. It makes a big difference. I've spoken to many of my TAs who have already given their job interviews and they said that the people didn't even look at the GPA. They just saw that they were from U of T and of course the interview itself matters. However maybe this is just the case in my university since you need a decent gpa just to stay in your program.

America's quite different cause we have a lot of good schools here, having internship opportunities that too if you're a business major in New York is very important.

 

[marlonbrowndo]

America's quite different cause we have a lot of good schools here, having internship opportunities that too if you're a business major in New York is very important.

Perhaps the field also matters. Maybe in computer science they don't give the gpa as much importance

 

[Pakistanian]

Perhaps the field also matters. Maybe in computer science they don't give the gpa as much importance

You can get a very good career in Tech without even completing your degree, it's all about building experience in IT. Many of my family members are in tech and they all have successful careers even if they didn't finish up their degree.

 

[Syed1]

[MENTION=138463]Slog[/MENTION] is your man. He has a pretty similar situation.

 

[marlonbrowndo]

You can get a very good career in Tech without even completing your degree, it's all about building experience in IT. Many of my family members are in tech and they all have successful careers even if they didn't finish up their degree.

Man I've worked too hard to get into a good university to drop out for no reason. I'm doing really well so far and a computer science degree from here is considered really valuable. Can't take the risk

 

[Belawal2014]

Man I've worked too hard to get into a good university to drop out for no reason. I'm doing really well so far and a computer science degree from here is considered really valuable. Can't take the risk

How many credits is your degree? 90 or 120?

 

[marlonbrowndo]

How many credits is your degree? 90 or 120?

20... 5 credits every year for 4 years. Im guessing we have different types of credits lol

 

[Belawal2014]

20... 5 credits every year for 4 years. Im guessing we have different types of credits lol

lool whoopise daisy. 4 years answers my question.

 

[sjahmed23]

No, not on a visa.

I am doing my BBA currently.

If you dont need sponsorship then stay where you are. Those schools you are mentioning are quite expensive, you will probably spend 50k a year attending those schools. Baruch is a very good school for business and it has alumnis in pretty much all the big wall street firms. My advise is to finish your bachelors in Baruch first then see what you can get, try to get a job that will pay for your MBA.

 

[Pakistanian]

Man I've worked too hard to get into a good university to drop out for no reason. I'm doing really well so far and a computer science degree from here is considered really valuable. Can't take the risk

Stay in school bruh. A college degree is always worth it, it's just that in tech work experience is very important.

 

[HussainRx8]

PPers who've studied in North America might be able to help me with this.

I'm currently a sophomore at Baruch College which is a CUNY college in NYC. Most of you might not be aware of this name since it's a public college and you won't see it when you look for the top business schools in the US.

I was thinking of transferring to a state or private college that has a higher rank (preferably in the top 50 national universities). I have a pretty high GPA so I think if I applied, I'd have a decent chance of getting accepted.

The thing about my current college is that it's in downtown Manhattan so there are a lot of internship opportunities available and my college also has partnerships with some big firms. If I stay at my current college, I can have an internship while attending college during the spring and fall which I don't know is possible in universities that aren't located in metropolitan cities.

Do you guys suggest I stay at my current college or transfer to a higher ranked and well-known university such as University of Virginia/Michigan/North Carolina or maybe even NYU if I'm lucky. Does your college really matter when it comes to getting jobs or is your GPA all that matters?

There's also a possibility that I might move back to Karachi in the future. People in Karachi have told me that to get a good job in Pakistan it's important to be a graduate of a well-known university regardless of your prior internships or GPA, but I don't know how true this is.

So, should I take a chance and transfer to a more well-known and popular Uni or should I stay where I am?

Any advice will be appreciated.

Well, as a UMich graduate, I would advise you to stay, providing your college has a strong network. University brand matters to the extent that it will help you get your foot in the door. But you can use your network for this purpose too.

 

[Tired]

Shoot for the moon is my advice, dont listen to an advice that school does not matter especially for BBA and MBA.

 

[Slog]

Stay

Baruch doesn't have the prestige it the name frankly and both of us agree rankings or academic wise it's not really top of the line.

But what it does have which actually many higher ranked programs would kill to have is such a strong alumni base and connections on Wall Street. As you're doing BBA/Finance etc it's a pretty good place to be. If your major was sth else I'd suggest you leave at first opportunity but here you should stay

Take advantage of the network and your proximity to Wall Street and you should be able to secure a good internship and job

As for Pakistan. Yeah you'll be greeted with some 'huh?' In Pakistan at start but honestly most people wouldn't know about Tufts or Emory etc either so it doesn't hurt. Unless you're going to an ivy or some high ranked liberal arts program it's a hard decision to justify. Especially at Baruch all things considered you should be able to get some big name companies on your resume. And once you get that it will definitely take care of the relatively less known school as far as name recognition in Pakistan is concerned.

Hope this helps. Most important thing is that since you're in Baruch don't slack offf

 

[Sachin136]

Man I've worked too hard to get into a good university to drop out for no reason. I'm doing really well so far and a computer science degree from here is considered really valuable. Can't take the risk

You shouldn't. Experience does matter, but most employers would pass by your application if you do not have an undergraduate degree despite however many side projects you have worked on.

 

[Sarfarazian92]

If you dont need sponsorship then stay where you are. Those schools you are mentioning are quite expensive, you will probably spend 50k a year attending those schools. Baruch is a very good school for business and it has alumnis in pretty much all the big wall street firms. My advise is to finish your bachelors in Baruch first then see what you can get, try to get a job that will pay for your MBA.

Thanks bro!

 

[Sarfarazian92]

Yes you should transfer to a better university if you can. It makes a big difference. I've spoken to many of my TAs who have already given their job interviews and they said that the people didn't even look at the GPA. They just saw that they were from U of T and of course the interview itself matters. However maybe this is just the case in my university since you need a decent gpa just to stay in your program.

Thanks for your help.

 

[Sarfarazian92]

Stay

Baruch doesn't have the prestige it the name frankly and both of us agree rankings or academic wise it's not really top of the line.

But what it does have which actually many higher ranked programs would kill to have is such a strong alumni base and connections on Wall Street. As you're doing BBA/Finance etc it's a pretty good place to be. If your major was sth else I'd suggest you leave at first opportunity but here you should stay

Take advantage of the network and your proximity to Wall Street and you should be able to secure a good internship and job

As for Pakistan. Yeah you'll be greeted with some 'huh?' In Pakistan at start but honestly most people wouldn't know about Tufts or Emory etc either so it doesn't hurt. Unless you're going to an ivy or some high ranked liberal arts program it's a hard decision to justify. Especially at Baruch all things considered you should be able to get some big name companies on your resume. And once you get that it will definitely take care of the relatively less known school as far as name recognition in Pakistan is concerned.

Hope this helps. Most important thing is that since you're in Baruch don't slack offf

This definitely helps!

One of the main reasons I thought of transferring was when I went to Khi in the summer nobody knew about Baruch and I felt kinda embarrassed.

I wanted to double major in Finance and Eco but the school won't allow me to do that.

Thanks a lot, this really helped.

 

[Sarfarazian92]

Well, as a UMich graduate, I would advise you to stay, providing your college has a strong network. University brand matters to the extent that it will help you get your foot in the door. But you can use your network for this purpose too.

thanks mate

 

[Sarfarazian92]

If you plan on living here then yeah stay where you are, those internships in NYC are gonna be more helpful than a degree from UNC or UVA, though you can still get internships going to a big state school or well known private school. I gotta a friend from UT who recently did an internship in NYC, so it's possible. If you're going to move back to Pakistan then I guess having a degree from a big school is more important cause of the ignorance over there about the other good schools here, I guess it's also a bit of a status symbol over there, you might get more respect attending UCLA or Penn State. Depends on what your goals are man, are you going for the experience, the quality of the program, the post-graduation opportunities or you just a want a degree from a fancy school just to show off. Depends on your priorities, the last factor is the most Pakistani.

Btw If you get that bba, you might wanna get an mba too.

Thanks for the advice.

 

[HussainRx8]

thanks mate

Of course. Your MBA school will matter infinitely more. Make sure you get some good work experience and cultivate relationships with people who have attended your target MBA schools. Network, network, and network. A successful networker must be calculating, ruthless and shameless in approaching people.

 

[Sarfarazian92]

Of course. Your MBA school will matter infinitely more. Make sure you get some good work experience and cultivate relationships with people who have attended your target MBA schools. Network, network, and network. A successful networker must be calculating, ruthless and shameless in approaching people.

I definitely need to develop that trait

 

[hadi123]

I move into University tomorrow. I live in England and am going to study at Coventry University which is about 60-70 miles from my house so not moving too far I guess. I'm nervous and excited at the same time; what advice would you give about Uni?

 

[WhenSultansBowled]

I move into University tomorrow. I live in England and am going to study at Coventry University which is about 60-70 miles from my house so not moving too far I guess. I'm nervous and excited at the same time; what advice would you give about Uni?

-Make long lasting friends (students/professors) with people who will be successful in future.
-Take courses/seminars which will look good on CV
-Stay away from politics etc. But if you do wanna join 'em(that is if that will be your future after Uni) then go in 100% dedicated
-Apply for all scholarships/benefits ASAP (if applicable to your country/uni)

 

[WhenSultansBowled]

I move into University tomorrow. I live in England and am going to study at Coventry University which is about 60-70 miles from my house so not moving too far I guess. I'm nervous and excited at the same time; what advice would you give about Uni?

-Lift/join a sports team and look after your body (do not get injured in a meaningless game etc.)
-Party hard but stop it during time you have to study
-Enjoy your time there in activities you dig (can be playing video games or mountain climbing etc.)

 

[hadi123]

-Lift/join a sports team and look after your body (do not get injured in a meaningless game etc.)
-Party hard but stop it during time you have to study
-Enjoy your time there in activities you dig (can be playing video games or mountain climbing etc.)

Yes, I loved working out but I have been really ill/injured last month. Once I have healed I will go to the gym as it is included in the rent I pay for accommodation. Problem with lifting at Uni though is having the diet to build muscle is quite expensive which is why I may sacrifice a bit of partying. I'll still go to parties etc but not like every week

 

[sshakir411]

Read the OP but didn't read the replies. My cousins graduated from Baruch and are doing fairly okay. Big 4 audit gigs and Middle office Risk roles are what they have and they seem content. Another friend was able to get a sweet restructuring gig but this guy was a 4.0 with 3 to 4 internships at middle-market banks and networked really hard. If your goal is M&A (IBD) or Consulting with a well known bank/firm then transfer to Ross, Darden, Stern etc. Make sure you get direct admits to these business schools otherwise it gets tough and you'll end up losing 6 months. I'd pick Ross out of these 3, it is unmatched as an undergrad business school and has more reach than Stern does nationally.

Full disclosure: I went to U Michigan and work in Finance.

 

[sshakir411]

To add: the goal should be to go to the best school possible (if cost and other things are not a deciding factor). Proximity to NYC might help while you interview but if you're a good candidate most companies will fly you out and pay your expenses. Pick the best school you can get in to and don't look back. Boston College is not a bad option as well.

Good Luck!

 

[Slog]

To add: the goal should be to go to the best school possible (if cost and other things are not a deciding factor). Proximity to NYC might help while you interview but if you're a good candidate most companies will fly you out and pay your expenses. Pick the best school you can get in to and don't look back. Boston College is not a bad option as well.

Good Luck!

Don't think you are looking at this correctly

All things considered AT THIS POINT Bauch offers what is prolly the most likelihood path to a solid finance job if he works hard

Transferring as a junior and straight getting into the recruiting game at a new school is not happening esp if it's Michigan or North Carolina etc

At Baruch you prolly have to do a lot of the leg work yourself compared to others but the location advantage he has gives him an edge. Also there's enough representation and network too despite the size and reputation

Obv if he were picking colleges or even a freshman I would have different advice. (Also I think the question is prolly not relevant so just posed for sake of a debate)

On an entirely different note. How would you rate Ross' MBA program. How is the recruiting? I've heard consulting is no chance. How abt investment banking or maybe energy and tech?

 

[sshakir411]

Don't think you are looking at this correctly

All things considered AT THIS POINT Bauch offers what is prolly the most likelihood path to a solid finance job if he works hard

Transferring as a junior and straight getting into the recruiting game at a new school is not happening esp if it's Michigan or North Carolina etc

At Baruch you prolly have to do a lot of the leg work yourself compared to others but the location advantage he has gives him an edge. Also there's enough representation and network too despite the size and reputation

Obv if he were picking colleges or even a freshman I would have different advice. (Also I think the question is prolly not relevant so just posed for sake of a debate)

On an entirely different note. How would you rate Ross' MBA program. How is the recruiting? I've heard consulting is no chance. How abt investment banking or maybe energy and tech?

There's no one way to slice the pie.

You're correct. At this point Baruch is the pragmatic option and it's made great strides recently within NYC.

I'm not sure what OP's goal is though, if he's dead set on landing at a Bulge Bracket or a top consulting firm then he has to go to a prestigious school. Yeah, coming in as a junior might make recruiting challenging but these schools have such a wide alumni network, with a little networking he can still get his foot in the door at the large firms. Even if it sets him back a semester the goal of Bulge Bracket will be easier to obtain through this route (imo).

Ross MBA is a solid top 12. It's peers are Yale SOM, UCLA, Stern, and Darden (depending on the track you choose). Recruiting depends on the candidate and your work eligibility. If you're looking for Investment Banking in the US you will be up against all other international candidates from top 10 schools, making it tougher but there are many candidates who get good IB roles mainly in the Midwest (Chicago). NYC is dominated by the ivies and getting there is possible but harder.

Consulting recruiting at Ross is better for international students. It's a target school for McKinsey EMEA and Asia but not the US. If your goal is consulting and you're looking at schools outside the M7, your best bet is Duke, Ross, Darden (focused on Public sector consulting), and maybe Georgetown. Your undergrad school matters to consulting companies...I know a kid who went to LUMS and then Gtown and now works for McKinsey Dubai.

Energy out of Ross is possible but since majority of those companies are located in Texas, UT-Austin McCombs dominates everyone in that space. They're also a top 15 so if your goal is strictly energy go to McCombs.

Tech is a gray area. There's quite a few Ross MBAs who work for Amazon, google, fb etc. But the same issue of proximity and interviewing comes up since tech is all silicon valley. From my personal experience, and I worked for hp out of college, any corporate finance position for a F100 is easily attainable from any top 20 school. Ross will give you a good shot at these jobs but your best bet for anything in California would be UCLA or UC Berkley.

Hope this was helpful. I would say target 5 to 6 schools and then decide based on your career aspirations. I'm biased but Ross has great recognition globally along with great programs for an international career track.

 

[WhenSultansBowled]

Yes, I loved working out but I have been really ill/injured last month. Once I have healed I will go to the gym as it is included in the rent I pay for accommodation. Problem with lifting at Uni though is having the diet to build muscle is quite expensive which is why I may sacrifice a bit of partying. I'll still go to parties etc but not like every week

Injuries suck bro . I've been there and came a point when I started getting depressed. Recover well.

Don't worry about diet and building muscle. As long as you are eating healthy it is enough, and later when you have 1 or 2 month you can bulk exponentially fast.

I'd advice you to lift 70% of your capacity (that's what I'd advice myself if I were to travel in past). This way you do not sustain injuries and less tear downs. Just go to gym regularly.

Meet people who ain't losers and after Uni (considering massive number of people who have same degrees as you) networking / people you know matter a lot for job hunting. Stay away from losers and toxic girls.

Hang out with social people, not nerds but must have the right priorities.

Enjoy your time and have fun

 

[Major]

Injuries suck bro . I've been there and came a point when I started getting depressed. Recover well.

Don't worry about diet and building muscle. As long as you are eating healthy it is enough, and later when you have 1 or 2 month you can bulk exponentially fast.

I'd advice you to lift 70% of your capacity (that's what I'd advice myself if I were to travel in past). This way you do not sustain injuries and less tear downs. Just go to gym regularly.

Meet people who ain't losers and after Uni (considering massive number of people who have same degrees as you) networking / people you know matter a lot for job hunting. Stay away from losers and toxic girls.

Hang out with social people, not nerds but must have the right priorities.

Enjoy your time and have fun

Define losers and nerds

 

[Sarfarazian92]

Read the OP but didn't read the replies. My cousins graduated from Baruch and are doing fairly okay. Big 4 audit gigs and Middle office Risk roles are what they have and they seem content. Another friend was able to get a sweet restructuring gig but this guy was a 4.0 with 3 to 4 internships at middle-market banks and networked really hard. If your goal is M&A (IBD) or Consulting with a well known bank/firm then transfer to Ross, Darden, Stern etc. Make sure you get direct admits to these business schools otherwise it gets tough and you'll end up losing 6 months. I'd pick Ross out of these 3, it is unmatched as an undergrad business school and has more reach than Stern does nationally.

Full disclosure: I went to U Michigan and work in Finance.

To add: the goal should be to go to the best school possible (if cost and other things are not a deciding factor). Proximity to NYC might help while you interview but if you're a good candidate most companies will fly you out and pay your expenses. Pick the best school you can get in to and don't look back. Boston College is not a bad option as well.

Good Luck!

Thanks for the post! Unfortunately, I wasn't able to transfer despite having a near-perfect GPA. My SAT score is probably to blame for that.

My goal was IBD, but that looks extremely tough right now. Like [MENTION=138463]Slog[/MENTION] mentioned, you can get into IBD as a Baruch student but you need to start networking when you're a freshman and get internships right away. I didn't even know what I wanted to do until 6 months ago. I did one internship in the summer, and am currently interning at a small bank. I'll definitely get Corporate/Commercial Banking/Credit Risk at a Bulge Bracket for next summer, but I might delay graduation by a semester to recruit for IBD next year. Some of the credit roles at Bulge Brackets lead to pretty decent exit opportunities so I'm targeting those currently.

 

[Slog]

Thanks for the post! Unfortunately, I wasn't able to transfer despite having a near-perfect GPA. My SAT score is probably to blame for that.

My goal was IBD, but that looks extremely tough right now. Like [MENTION=138463]Slog[/MENTION] mentioned, you can get into IBD as a Baruch student but you need to start networking when you're a freshman and get internships right away. I didn't even know what I wanted to do until 6 months ago. I did one internship in the summer, and am currently interning at a small bank. I'll definitely get Corporate/Commercial Banking/Credit Risk at a Bulge Bracket for next summer, but I might delay graduation by a semester to recruit for IBD next year. Some of the credit roles at Bulge Brackets lead to pretty decent exit opportunities so I'm targeting those currently.

Get in touch with alums.

There ARE recent Baruch alums in top bucket IBDs who are literally the same background as you. Talk to them and enlist their help

if the school cannot help you with recruitig you gotta make your own moves
Also get in touch with other Pakistanis in the industry. Some can be really helpful

 

[Sarfarazian92]

Get in touch with alums.

There ARE recent Baruch alums in top bucket IBDs who are literally the same background as you. Talk to them and enlist their help

if the school cannot help you with recruitig you gotta make your own moves
Also get in touch with other Pakistanis in the industry. Some can be really helpful

That's exactly what I'm doing these days.

I tried that Pakistani card lol and I found a guy that was helpful but I'm not sure if he'll be able to do much for me right now. However, if I delay graduation and recruit for summer internships next year as well, he'll definitely help me.

Some Pakistanis are real idiots though. A dude who went to the same school as me in Karachi is an analyst at an Elite Boutique, but he never replies to my emails.

 

[Slog]

That's exactly what I'm doing these days.

I tried that Pakistani card lol and I found a guy that was helpful but I'm not sure if he'll be able to do much for me right now. However, if I delay graduation and recruit for summer internships next year as well, he'll definitely help me.

Some Pakistanis are real idiots though. A dude who went to the same school as me in Karachi is an analyst at an Elite Boutique, but he never replies to my emails.

yes some people are like that but what can you do

also id say analysts can prolly not do much for you except give advice (which im sure you already have)

use linkedin to search Pakistanis in iBD and send mass messages. Id say even get maybe premium for a month (trial or pay the amount) and send INMails. They were very useful for me back in college as the guy HAS to acknowledge it. I didnt have an internship till feb of my junior year and through this managed to get one in a boutique shop. just to give you a guide there are few aitchison alums in finance who helped me for no reason other than just being pakistani lol. Its all a numbers game so just reach out to as many as you can

 

[WhenSultansBowled]

Define losers and nerds

Losers: They smoke weed all day. Their backpack smells of weed. All they think/talk about is weed Their definition of fun is weed and getting drunk. What a waste.

Nerds: Usually intelligent guys but zero social game. Your typical Desis/Asian (intentional generalization) guys in campus who are grown men but look like small girls. They're into weird stuff and subcultures.

Nothing wrong with being 'loser'/'nerd'. Everyone has a fundamental right to spend his money, time and youth the way they want to.

 

[Sarfarazian92]

yes some people are like that but what can you do

also id say analysts can prolly not do much for you except give advice (which im sure you already have)

use linkedin to search Pakistanis in iBD and send mass messages. Id say even get maybe premium for a month (trial or pay the amount) and send INMails. They were very useful for me back in college as the guy HAS to acknowledge it. I didnt have an internship till feb of my junior year and through this managed to get one in a boutique shop. just to give you a guide there are few aitchison alums in finance who helped me for no reason other than just being pakistani lol. Its all a numbers game so just reach out to as many as you can

I guess reaching out to analysts only has been a mistake of mine so far. I'll definitely try premium and send INmails.

Since my goal is IB, what do you think would be better for my resume: Interning at a boutique in the summer or at a Bulge Bracket in one of the roles I mentioned in my previous post for the brand name?

 

[Major]

Losers: They smoke weed all day. Their backpack smells of weed. All they think/talk about is weed Their definition of fun is weed and getting drunk. What a waste.

Nerds: Usually intelligent guys but zero social game. Your typical Desis/Asian (intentional generalization) guys in campus who are grown men but look like small girls. They're into weird stuff and subcultures.

Nothing wrong with being 'loser'/'nerd'. Everyone has a fundamental right to spend his money, time and youth the way they want to.

hate the losers.

lol even my social game is zero

 

[Slog]

I guess reaching out to analysts only has been a mistake of mine so far. I'll definitely try premium and send INmails.

Since my goal is IB, what do you think would be better for my resume: Interning at a boutique in the summer or at a Bulge Bracket in one of the roles I mentioned in my previous post for the brand name?

I would def say boutique. It matters more that what you do is relevant than do sth unrelated at a big name firm.

these bulge brackets are so huge that its almost impossible that an internship in credit risk or commercial can help you segway into IBD of same bank. In fact id bet employees of this department wont even have contacts in IBD for simply helping you get in touch.

in fact its so hard to get from middle office to front in IBD that doing same from a different line is next to impossible.

summer internship recruiting is done mostly spring semester so really go hard at it for next month.

 

[Syed1]

I don't understand the glamour of investment banking. A buddy of mine is in it and he works crazy hours. Often has to stay till like 12-2am at work and working weekends is a given. Still the money he makes is no where near the amount of hours he has to put in. Heck I earn a slightly less but similar amount and all I have to do is do my 8 hours 5 times a week. No weekends. Friend also has to take adderall or caffeine shots to stay focused. I can never see myself doing this kind of work. He has no other life apart from work.

 

[Sarfarazian92]

I would def say boutique. It matters more that what you do is relevant than do sth unrelated at a big name firm.

these bulge brackets are so huge that its almost impossible that an internship in credit risk or commercial can help you segway into IBD of same bank. In fact id bet employees of this department wont even have contacts in IBD for simply helping you get in touch.

in fact its so hard to get from middle office to front in IBD that doing same from a different line is next to impossible.

summer internship recruiting is done mostly spring semester so really go hard at it for next month.

Summer internship recruiting for Bulge Brackets now takes place in the fall. In fact, all IB spots have been filled by now.

For boutiques, it's most likely in the spring. I've set up meetings with a few guys at boutiques over the next few weeks and I'll probably get a better idea of the recruiting timeline and process.

 

[Sarfarazian92]

I don't understand the glamour of investment banking. A buddy of mine is in it and he works crazy hours. Often has to stay till like 12-2am at work and working weekends is a given. Still the money he makes is no where near the amount of hours he has to put in. Heck I earn a slightly less but similar amount and all I have to do is do my 8 hours 5 times a week. No weekends. Friend also has to take adderall or caffeine shots to stay focused. I can never see myself doing this kind of work. He has no other life apart from work.

The hours are freaking crazy and you have no life apart from work, especially for the first few years. But IB at a big bank opens a lot of doors in the future.

 

[Syed1]

The hours are freaking crazy and you have no life apart from work, especially for the first few years. But IB at a big bank opens a lot of doors in the future.

I guess once you reach a good level you would be making a high six figure salary easy..

 

[Slog]

I don't understand the glamour of investment banking. A buddy of mine is in it and he works crazy hours. Often has to stay till like 12-2am at work and working weekends is a given. Still the money he makes is no where near the amount of hours he has to put in. Heck I earn a slightly less but similar amount and all I have to do is do my 8 hours 5 times a week. No weekends. Friend also has to take adderall or caffeine shots to stay focused. I can never see myself doing this kind of work. He has no other life apart from work.

it opens a lot of doors in the future

you learn a lot of important and useful skills for finance industry

make a great network

and then can transition into roles in fortune 500 companies at a great pay and good work life balance.

but yes at analyst level you do end up literally working yourself to the ground esp in nyc or houston ib

(also bonuses are very good. you can make as much from bonuses as from annual salary in a decent year)