| | |  | | 
04-22-2008, 10:10 AM
|
#1 | | Junior Member
Join Date: Dec 2006
Threads: 20
Posts: 83
| I-banking prospects - v.urgent!
which would you think would be better for a top i-banking job between UChicago and UPenn (econ major in both)? I'm trying to pick between these two schools, both of which I love!
Thanks! | 
| | |
04-22-2008, 10:46 AM
|
#2 | | Junior Member
Join Date: Jan 2008
Threads: 13
Posts: 212
| Caveat emptor, UPenn CAS gets overshadowed by Wharton. For example, most of the hot shot recruiters that come to UPenn are looking at the undergraduate business school, Wharton. UPenn CAS gets the sloppy seconds. This has been verified anecdotally and I'm sure it's a phenomena that occurs at NYU CAS and Michigan non-Ross as well. | |
| | |
04-22-2008, 03:49 PM
|
#3 | | Member
Join Date: May 2006 Location: London, Baby
Threads: 9
Posts: 838
| A good GPA from Chicago econ will put you in a strong position, provided the rest of your resume is up to scratch.
My vote is for Chicago. | |
| | |
04-22-2008, 06:39 PM
|
#4 | | Senior Member
Join Date: Jan 2007 Location: P-Town, where the ballas Ball
Threads: 75
Posts: 4,317
| Go to Chicago..... | |
| | |
04-22-2008, 11:42 PM
|
#5 | | Member
Join Date: May 2007
Threads: 19
Posts: 587
| I second Chicago. | 
| | |
04-23-2008, 11:07 AM
|
#6 | | Junior Member
Join Date: Jan 2008
Threads: 8
Posts: 185
| You never clarified whether you're Wharton or CAS. if you're CAS, go to Chicago. but of course, Columbia is better.  | |
| | |
04-23-2008, 11:33 AM
|
#7 | | Junior Member
Join Date: Jan 2008
Threads: 13
Posts: 212
| Wharton doesn't offer an "econ" major -- CAS has an Econ major, though. | |
| | |
04-23-2008, 02:41 PM
|
#8 | | Member
Join Date: May 2006 Location: London, Baby
Threads: 9
Posts: 838
| Actually the official title of a Wharton undergraduate degree is a bachelor of science in economics I believe, so i know where he's coming from. But anyway it isn't a real economics degree (it's business).
By the way, Columbia econ is not better than Chicago econ. For the record... | |
| | |
04-23-2008, 06:27 PM
|
#9 | | Junior Member
Join Date: Dec 2006
Threads: 20
Posts: 83
| Yep, CAS...10char | |
| | |
04-24-2008, 02:28 AM
|
#10 | | Junior Member
Join Date: Dec 2005
Threads: 6
Posts: 233
| "Caveat emptor, UPenn CAS gets overshadowed by Wharton. For example, most of the hot shot recruiters that come to UPenn are looking at the undergraduate business school, Wharton. UPenn CAS gets the sloppy seconds. This has been verified anecdotally and I'm sure it's a phenomena that occurs at NYU CAS and Michigan non-Ross as well."
--Not true for Penn. Look at the CAS career services link below, which shows how CAS students fared at I-Banks and Consulting firms, among other jobs: http://www.vpul.upenn.edu/careerserv...07cpsurvey.pdf
And for other class years, and further information: Career Services, University of Pennsylvania
As you can see, CAS kids do pretty well when it comes to I-Banking and Consulting.
The guys that really steal all the business jobs from the Wharton kids at Penn, however, are the Engineering students.  | |
| | |
04-24-2008, 11:21 AM
|
#11 | | Junior Member
Join Date: Oct 2004
Threads: 37
Posts: 196
| Just to point something out, 61 of those kids are Wharton/CAS and another 26 are SEAS/CAS. I would imagine most of them (at least the 61 from Wharton) are in banking/consulting. I also assume that they are the ones that landed the jobs at Mck, GS, MS, JP, Bain, BCG. That leaves CAS kids for good jobs, but not necessarily the most desired ones. | |
| | |
04-24-2008, 11:58 AM
|
#12 | | Senior Member
Join Date: Oct 2006 Gender: Male
Threads: 245
Posts: 2,155
| Chicago. 10 | |
| | |
04-24-2008, 12:21 PM
|
#13 | | Member
Join Date: Oct 2005
Threads: 6
Posts: 407
| Both are good. Penn hires into NY while Chicago tends to hire more into Chicago (duh...but it's true -- there are many more Penn analysts in NY than Chicago ones, but more Chicago guys in Chicago).
However, I'd recommend Penn. You'll have an easier time getting a higher GPA, and it is completely untrue that CAS students get overshadowed by Wharton. If anything, you have an advantage over almost any other school because of places like Blackstone that only recruit actively at Wharton (and Harvard and Columbia). At Chicago, you won't get exposure to some of the truly elite places.
Finally, you will meet a lot of very well-connected people at Penn, moreso than at Chicago. Freshman year, I was in a hall with two kids whose dads were Fortune 500 CEOs, and am good friends with them.
Really, whoever said CAS kids are overshadowed is a total idiot. Hell, I'm a sophomore with no connections and a 3.3 GPA and I have a front-office banking internship this summer (debt capital market summer analyst). | |
| | |
04-24-2008, 12:28 PM
|
#14 | | Junior Member
Join Date: Jan 2008
Threads: 13
Posts: 212
| nodnard, you're mistaken. BX (PE and M&A) recruits at Chicago as well. Quote: |
Finally, you will meet a lot of very well-connected people at Penn, moreso than at Chicago.
| Care to qualify this statement? | |
| | |
04-24-2008, 12:49 PM
|
#15 | | Member
Join Date: Oct 2005
Threads: 6
Posts: 407
| Yes.
More people at Penn + Ivy pedigree + lots of legacies = more well-connected people.
I'm not one for anecdotal evidence, but if you want me to reel off all the people in my year alone with crazy connections, I can send you a PM.
And are you sure BX actively recruits for PE at the undergrad level at Chicago? They didn't as of a year ago.
Disclosure: I chose Penn over Chicago. | |
| | All times are GMT -5. The time now is 03:37 AM. |
College Confidential is dedicated to providing the best free college admissions information available on the Web, through our many articles and this discussion forum.
