In this climate, the benefits of a school with a very loyal alumni base become very evident. Probably seeing a Princeton or Duke degree paying off for that reason alone right now.

Anonymous wrote:

Anonymous wrote:DD s a rising senior Econ major at T20 and has a consulting internship this summer and just received a full time job offer after graduation.

Do most kids find their internships through school?

Mine found hers through networking not school, lots of grinding, calls, and coffee chats with anyone who would talk to her. It was a full time job last summer.

Anonymous wrote:Math major from top ten university. No job. Mistake was not doing internships. Only research. Looking at grad school for computer science.

Research is good for grad school . Internships better for jobs.

It is a tough time for new grads. Those getting tech jobs are few and far between. Consulting is down as well.

Anonymous wrote:

Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock

Was DS1 an athlete? The athlete SLAC liberal arts major to IB path seems quite common.

DS1 was not an athlete, can hardly toss a ball to save his life

Anonymous wrote:DD s a rising senior Econ major at T20 and has a consulting internship this summer and just received a full time job offer after graduation.

Do most kids find their internships through school?

Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock

Was DS1 an athlete? The athlete SLAC liberal arts major to IB path seems quite common.

Anonymous wrote:

Anonymous wrote:T5 LAC, studied IR and already has an amazing apartment back here in DC!

You skipped over the job part

On the hill as a policy analyst

Anonymous wrote:

Anonymous wrote:Twins
DS1: Swarthmore, Art History Major, 4.0w/ all the awards, going into investment banking with a firm he interned for junior year
DS2: UVA, CS Major, 3.9w/all the awards, currently no job and applying like mad, past internship with Tesla
You can imagine my shock

How does art history lead to investment banking? This is not a snark comment. I'm genuinely curious as that would not be my expectation (though I know little about either as a career and college major).

The math/finance/modelling parts of the job anyone with an above average IQ can figure out/be taught (and these are the easiest things to teach in-house). It is the lateral thinking, communication, creative narrative making (presentation) & relationship building that really drive success (with a lot of hunger & drive). Some engineers & finance majors can do this, but SLAC liberal arts majors (especially athletes) have been great bets over the years. Look at the CEO's of major banks - I believe most are liberal arts majors (many SLAC). The technical stuff can be taught, but if you leave the person with a CEO or CFO on a site visit (with 2-3 hours of car time alone), can they keep the conversation going? Do they have gravitas? Is finance changing, yes, but decisions on IB mandates still rest with individuals. The trading floor will be more of the domain of the CS & quant jocks (but things like OTC derivatives still require the 'charm and bully' skillset as structured products have to be sold).

Anonymous wrote:

Anonymous wrote:T5 LAC, studied IR and already has an amazing apartment back here in DC!

You skipped over the job part

Yes- how is student paying for amazing apartment??

W&M grad, Environmental science/public policy, FT work for a government contractor doing environmental assessments.

Anonymous wrote:

Anonymous wrote:DD s a rising senior Econ major at T20 and has a consulting internship this summer and just received a full time job offer after graduation.

That's great! congratulations! Right now it is halfway of the summer internship, do companies already start to make full time offers?

It actually is near the end for most…all my kids’ friends working at Google, consulting, IBanks are done either end of July or first week August.

Friend's son, CS from Brown, no job yet

Anonymous wrote:DD s a rising senior Econ major at T20 and has a consulting internship this summer and just received a full time job offer after graduation.

That's great! congratulations! Right now it is halfway of the summer internship, do companies already start to make full time offers?

Anonymous wrote:T5 LAC, studied IR and already has an amazing apartment back here in DC!

You skipped over the job part