Anyone have insight on Pomona for “high” finance?

[Anonymous]

Pomona has an exchange program with Swarthmore so that comparison is valid!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Agree. I’d call CMC the Bucknell of the West, while Pomona is more like Swarthmore. Both are incredible schools, but their strengths are in very different areas. Is your kid more interested in being immersed in intellectualism or getting on the fast track to The Street?

Their personality definitely lean more towards "intellectual" and will probably do better socially in that crowd as well. They have some interest in pursuing a future career in finance in areas like hedge funds but I wouldn't say he's committed to it. Will probably major in something like economics or philosophy

Pomona might be a better fit for him, and since the two schools are part of the same consortium, he can still plug into the CMC Wall Street pipeline if that's his career goal. He can even take classes there and start networking with the finance gods over there, many of whom will be very well connected.

This is overstating the relationship of the consortium a bit-if interest is finance, best to be enrolled at CMC to take advantage of clubs which operate at a very high level and are very competitive to get in and not open to Pomona students.

Philosophy department is fantastic-child just finished first class and was truly inspired.

The only CMC club that isn’t available to Pomona students is CIBC. Every other club, including the most prestigious Graphite Group, is open to all schools. You can even become a Robert day scholar as a Pomona student. CMC doesn’t really gatekeep.

[Anonymous]

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

It’s a big no no on DCUM to say your child is interested in IB, PE, HF, etc. People here are all about respectability politics, ignore them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

[Anonymous]

Anonymous wrote:
First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

He just has a deep interest in investing and thinks making bets on his ideas is fun. As far as I know, it’s not a money thing for him. But as I said, he’s not committed. He just enjoys learning things and maybe this is just a phase.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

Based on your post I’m pretty sure you don’t have a good understanding of what hedge funds do either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

Based on your post I’m pretty sure you don’t have a good understanding of what hedge funds do either.

I used to work in the industry so thino what you want.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

Based on your post I’m pretty sure you don’t have a good understanding of what hedge funds do either.

I used to work in the industry so thino what you want.

HR and investor relations don’t count

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC attends, and I'm an alum. CMC is the better choice. Pomona students are not really the crowd that are interested in IB. There's many students who go into consulting, but few are interested in doing finance long term. CMC has all the resources for getting into IB and offers more funding to their students than Pomona. Pomona is the type of place for an Econ student who wants to go to graduate school or someone fine with using consulting as a buffer to get into the career they actually want. Few interest in IB, so it would be better to take up the opportunities and clubs at CMC.

Agree. I’d call CMC the Bucknell of the West, while Pomona is more like Swarthmore. Both are incredible schools, but their strengths are in very different areas. Is your kid more interested in being immersed in intellectualism or getting on the fast track to The Street?

CMC is substantially better at finance placement than Bucknell, though.

+1 I’d call Bucknell the DeVry of the East.

I heart you.

[Anonymous]

We only know about low finance. It's not worth it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

Based on your post I’m pretty sure you don’t have a good understanding of what hedge funds do either.

I used to work in the industry so thino what you want.

If you did, you would know that few funds and strategies have a meaningful impact on the real economy, that the vast majority of employees have compensation that is taxed normally (i.e., it isn’t carried interest), and that lots of people who work there were, in fact, interested in investing and markets at a young age. There’s nothing wrong with that. Some of us did want to be Warren Buffett and it wasn’t because he was rich.

Anyway, back to the topic. OP, if your kid really likes investing and markets then CMC may be the better choice here. Pomona doesn’t really do a lot of finance placement, even for a LAC.

[Anonymous]

Anonymous wrote:We only know about low finance. It's not worth it.

😂😂😂

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

“some interest in pursuing a career in hedge funds” 🙄

Sorry, what’s the problem with this?

First of all hedge funds are pretty much driving what’s wrong with our economy.

Second of all I think all you mean is “has interest in earning ridiculous pay (and not having to pay much tax on it”) which is fine but it’s just funny to me. I mean what high schooler has a good understanding of what hedge funds do much less an intrinsic interest in that.

It’s like when kids used to say they wanted to be Warren Buffett. I get it but it’s not exactly a life skill or goal.

Based on your post I’m pretty sure you don’t have a good understanding of what hedge funds do either.

I used to work in the industry so thino what you want.

If you did, you would know that few funds and strategies have a meaningful impact on the real economy, that the vast majority of employees have compensation that is taxed normally (i.e., it isn’t carried interest), and that lots of people who work there were, in fact, interested in investing and markets at a young age. There’s nothing wrong with that. Some of us did want to be Warren Buffett and it wasn’t because he was rich.

Anyway, back to the topic. OP, if your kid really likes investing and markets then CMC may be the better choice here. Pomona doesn’t really do a lot of finance placement, even for a LAC.

NP- I doubt anyone would want to be Buffet if he wasn't rich. Gimme a break.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DC attends, and I'm an alum. CMC is the better choice. Pomona students are not really the crowd that are interested in IB. There's many students who go into consulting, but few are interested in doing finance long term. CMC has all the resources for getting into IB and offers more funding to their students than Pomona. Pomona is the type of place for an Econ student who wants to go to graduate school or someone fine with using consulting as a buffer to get into the career they actually want. Few interest in IB, so it would be better to take up the opportunities and clubs at CMC.

Agree. I’d call CMC the Bucknell of the West, while Pomona is more like Swarthmore. Both are incredible schools, but their strengths are in very different areas. Is your kid more interested in being immersed in intellectualism or getting on the fast track to The Street?

CMC is substantially better at finance placement than Bucknell, though.

+1 I’d call Bucknell the DeVry of the East.

Your kid must not have gotten in.