Once you get into a T10 school, the competition really begins

[Anonymous]

My DC is at a top public and every business club is extremely competitive to get into. DC was rejected from a few freshman year, then got into one as a sophmore and another as a junior. The PP who said joining a fraternity or a sorority helps gain access to these clubs was spot on. DC joined greek life sophmore year and the connections are crazy. Senior members recommend their younger brothers/sisters not only for the exclusive clubs, but also for top internships. I went to a third tier state school and had no idea this occurred. But DC told me freshman year that that's how things worked and that hardly anyone every gets in freshman year. Maybe that's where high school friends can help since most kids don't really know anyone yet their first year. Internships are really key to getting a permanent job after graduation. DC has seen that with older peers and DC was offered a permanent job with the major tech company he/she interned with last summer.

I guess like everything else in life, who you know makes a big difference. Kind of like the nepo babies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Northwestern University- great school. Econ major has tried twice (fall and winter quarter) to get into a competitive finance club and was rejected. He wrote essays, gave presentations, and had to sit and answer very hard questions. Just a reminder that getting in is really half (or a quarter) of the battle.

It is like that at many schools though. Not just top 10. Lots of gatekeeping.

Yes but if that gate is closed, and it is because you only get in if you schmooze the right people, there are other ways. Keep at it.

Ok but I don't really care. My point is that OP thinks it is just like that at "top schools". It's not.

My DS is also at Northwestern and he is accepted into the Finance club without having to write essays or presentations. He got the right connections.

Your DS must be in the Frat. The Frat bros pulled him into the Finance club. That’s how it works mostly. You don’t need to be truly deserving based on your merits!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Northwestern University- great school. Econ major has tried twice (fall and winter quarter) to get into a competitive finance club and was rejected. He wrote essays, gave presentations, and had to sit and answer very hard questions. Just a reminder that getting in is really half (or a quarter) of the battle.

It is like that at many schools though. Not just top 10. Lots of gatekeeping.

Especially for Asian students.

[Anonymous]

Anonymous wrote:Yeah but you’re still a Wall Street douche!

And are you a garbage douche!

[Anonymous]

My DD is at another T10 school and yes one of the biggest surprises was that so many of those things that you could just decide to do in high school (debate,MUN.) were highly competitive at the college level. There’s even a pop uo cooking club that’s tough to get into! She addressed it by trying out for a gazillion things freshman year and just went with the options she had after everything shook out. It worked out great. She’s not doing all the same things she did in high school but there’s a lot of overlap and she is enjoying new and different activities.

[Anonymous]

Anonymous wrote:Yeah but you’re still a Wall Street douche!

I bet you and your spouse don’t have employer sponsored retirement accounts and you both don’t invest in any index funds or mutual funds. Because they are managed by the Wall Street douches that you snicker at. But if you and your spouse rely on them to manage your investments, they you are the smelliest garbage douche!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yeah but you’re still a Wall Street douche!

I bet you and your spouse don’t have employer sponsored retirement accounts and you both don’t invest in any index funds or mutual funds. Because they are managed by the Wall Street douches that you snicker at. But if you and your spouse rely on them to manage your investments, they you are the smelliest garbage douche!

My index funds are managed by a company based in valley forge, pa

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yeah but you’re still a Wall Street douche!

I bet you and your spouse don’t have employer sponsored retirement accounts and you both don’t invest in any index funds or mutual funds. Because they are managed by the Wall Street douches that you snicker at. But if you and your spouse rely on them to manage your investments, they you are the smelliest garbage douche!

My index funds are managed by a company based in valley forge, pa

Yes, a very wealthy suburb of Philadelphia surrounded by other finance co. like Vanguard and Susquehanna Investment Group

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Totally disagree. Nobody cares about some “competitive finance club.”

At many universities, membership in finance clubs is a significant step toward getting jobs at top IB firms. Very important at the University of Michigan.

The best way into those clubs is to have gone to the right high schools or be in the same houses as the people choosing new members.

Uggg. Does this just go on perpetually in finance careers? If a student pursues fiance are the destined for a work life always full of frat bros?

Uhh, yes, unfortunately so. That is why the field sucks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yeah but you’re still a Wall Street douche!

I bet you and your spouse don’t have employer sponsored retirement accounts and you both don’t invest in any index funds or mutual funds. Because they are managed by the Wall Street douches that you snicker at. But if you and your spouse rely on them to manage your investments, they you are the smelliest garbage douche!

That is not the flex you think it is. Great. A bunch of fratties are minding that store.

[Anonymous]

All my DCs roomies are women...super smart and headed to wall Street so seek out the ladies...this crew are pretty far removed from frats and they are all in finance clubs.

[Anonymous]

Anonymous wrote:My DC is at a top public and every business club is extremely competitive to get into. DC was rejected from a few freshman year, then got into one as a sophmore and another as a junior. The PP who said joining a fraternity or a sorority helps gain access to these clubs was spot on. DC joined greek life sophmore year and the connections are crazy. Senior members recommend their younger brothers/sisters not only for the exclusive clubs, but also for top internships. I went to a third tier state school and had no idea this occurred. But DC told me freshman year that that's how things worked and that hardly anyone every gets in freshman year. Maybe that's where high school friends can help since most kids don't really know anyone yet their first year. Internships are really key to getting a permanent job after graduation. DC has seen that with older peers and DC was offered a permanent job with the major tech company he/she interned with last summer.

I guess like everything else in life, who you know makes a big difference. Kind of like the nepo babies.

How to say DS goes to UVA aiming for Coms without saying UVA aiming for Coms.

—signed, UVA parent

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yeah but you’re still a Wall Street douche!

I bet you and your spouse don’t have employer sponsored retirement accounts and you both don’t invest in any index funds or mutual funds. Because they are managed by the Wall Street douches that you snicker at. But if you and your spouse rely on them to manage your investments, they you are the smelliest garbage douche!

DP but index funds are generally better over the long run than anything managed by these guys.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My DC is at a top public and every business club is extremely competitive to get into. DC was rejected from a few freshman year, then got into one as a sophmore and another as a junior. The PP who said joining a fraternity or a sorority helps gain access to these clubs was spot on. DC joined greek life sophmore year and the connections are crazy. Senior members recommend their younger brothers/sisters not only for the exclusive clubs, but also for top internships. I went to a third tier state school and had no idea this occurred. But DC told me freshman year that that's how things worked and that hardly anyone every gets in freshman year. Maybe that's where high school friends can help since most kids don't really know anyone yet their first year. Internships are really key to getting a permanent job after graduation. DC has seen that with older peers and DC was offered a permanent job with the major tech company he/she interned with last summer.

I guess like everything else in life, who you know makes a big difference. Kind of like the nepo babies.

How to say DS goes to UVA aiming for Coms without saying UVA aiming for Coms.

—signed, UVA parent

PP you quoted. Not UVA. West coast so Cal or UCLA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DC is at a top public and every business club is extremely competitive to get into. DC was rejected from a few freshman year, then got into one as a sophmore and another as a junior. The PP who said joining a fraternity or a sorority helps gain access to these clubs was spot on. DC joined greek life sophmore year and the connections are crazy. Senior members recommend their younger brothers/sisters not only for the exclusive clubs, but also for top internships. I went to a third tier state school and had no idea this occurred. But DC told me freshman year that that's how things worked and that hardly anyone every gets in freshman year. Maybe that's where high school friends can help since most kids don't really know anyone yet their first year. Internships are really key to getting a permanent job after graduation. DC has seen that with older peers and DC was offered a permanent job with the major tech company he/she interned with last summer.

I guess like everything else in life, who you know makes a big difference. Kind of like the nepo babies.

How to say DS goes to UVA aiming for Coms without saying UVA aiming for Coms.

—signed, UVA parent

PP you quoted. Not UVA. West coast so Cal or UCLA.

KK! I’m guessing UCLA given the bro factor there.