truazn8948532

Can someone comment on how IB-recruiting at Columbia stacks up with HYPWharton? And are there actually as many internship opportunites available as the admissions office claims?

Thanks a bunch.

Denzera

there's a ton. I couldn't speak to what HYP has access to, but I think the difference in prestige level is made up for by the proximity - i.e., bankers are more willing to look at more Columbia candidates since they don't have to pay airfare + hotels, etc. There is an extremely strong Columbia representation on wall street and I would expect that to continue.

davidng1

I can say that I know a lot of engineering students going into banking after graduation. It's pretty crazy because they make so much more than engineers.

Columbia2002

That's precisely the explanation for your first sentence.

MustangQb03

what other majors are a good gateway to investment banking? One of my main reasons of applying to Columbia is its proximity to Wall Street

stu64k

do a search for investment banking, there was a really good thread about it a week or two back. it had lots of info both on what you asked and what the internship scene and i banking lifestyle is like.

davidng1

Banking firms like to hire quantitative students, whether it's engineering, math, IEOR, etc. There's still a lot of positions to fill without a quantitative background but it might be harder.

lynda

quant job are indemand but also very competitive since less positions are availble. where as normal i-banking jobs are pleniful (check last month's listings) the advantage being engineer is that you can choose either.

most oncampus recruiments are either financial related or technology related aimted toward sophmore/junior.

internship opportunities are plenty but you are up against some pretty good compeition too.

slipper1234

All the Ivies are competitive. I honestly haven't seen any advantage (recruiting wise) at Columbia vs. the other Ivies. The banks pretty much recruit at all of them.

red sox 7327

I just read in a Princeton thread that OR majors must apply to the FE program. Can anyone at Columbia give any light on this matter. Can a student just major in FE or must he/she declare OR and then apply into the FE program after a couple years there? Thanks!

red sox 7327

Okay....I found it on their website...

"Students who are interested in pursuing the rigorous concentration in Financial Engineering must demonstrate consistent strength in calculus, computer programming, linear algebra, ordinary differential equations, probability, and statistics. This option is available to the class of 2008 and later by application only."

Hmmm.... Now I'm wondering how this effects 3/2 people.

davidng1

Some of my engineering friends make fun of the Financial Engineering major. They think it's not really engineering and should not be labeled as engineering. I personally don't know too much about the FE major, but look at these Master's of Financial Engineering pre-req questions:

http://www.ieor.columbia.edu/pdf-files/MSFE_Prereq.pdf

All of the math questions are at the high school level.

ConfucianNemisis

From what I've heard, at the top BB firms, Columbia's behind those schools in the pecking order. They all recruit on campus but you'll find a lot more Harvard/Wharton kids getting slots in programs from what I've heard. Keep in mind this is all second hand.

highfiver

I know this is from a long time ago, but...

Is it common for IB firms to accept interns during the school year? I know Columbia is great for those who want internships during the year, but if you want an internship for IB, is it ok to just have an internship just on Fridays?

lynda

its not that common but they do exist and every year some ppl end up doing internships throughout school year. it's a pretty hefty load if you work 20+ hr a week and go to classes