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College and University Discussion
Reply to "UVA McIntire or top 15 school? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]IB and MA, while they are not easy, is not that difficult at all. Anyone can do this job, ... with long and grueling hours. "connection' will very much trump the school where you attend.[/quote] Thanks. Nobody even discussed the quality of the finance education. Instead, they viewed colleges exclusively as places to make job connections. Do these pushy parents even know what investment bankers do? There are many other sell-side finance jobs at investment banks/broker-dealers in fixed-income, equities, currencies, sales and trading, derivatives, and risk management. Then there is buy-side asset management, private wealth management, pension funds and mutual funds. Finally, there are banks, government, and corporate jobs. If you kid is legitimately smart at a Top 15 national university or selective liberal arts college, then they can later attend a top M.B.A. program or specialty Masters in Finance program. But if they are not as smart, then maybe they need to get a bachelors in business at some "target recruiting school", make connections in a series of investment banking internships, and work hard instead of smart. I was in high school math team, chess club, and science club. My later colleagues had math and science Ph.D.'s. We found jobs based on skills instead of connections. It is sad to think that parents would spend hundreds of thousands of dollars to mold a kid into a preppy, investment banker drone. Of course, I would hate those jobs and have a bad, nerdy personality with clients. If your kid is a hard-working, personable A-minus student who likes business deals, then maybe that is a good path. But there are other ways to succeed in finance, and many other opportunities to explore in college.[/quote] Some have rich daddies so it's less important, but getting a job/career is the most important factor. You don't make any sense. You need to be smart to get into target business programs. It's a major just liek any other majors. Why plan to spend more $$$$ on MBA in the first place. It's a decision you make later in your career. You are wired. [/quote]
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