I see—thank you.
If I apply Econ then will it be feasible to transfer to the business school after a year? I do like Georgetown and if I applied there would finance be reasonable or should I still go with Econ.
My opinion - major over school. You can achieve your goals from many schools but even at target schools they’re not easy to unlikely to be achieved.
Econ isn’t finance and vice versa. You should apply to the major you want - and if that’ means attending elsewhere so be it. If you wanted to study economics it’d be one thing - but you seem to want to study finance and it’s very different.
You shouldn’t go in with hopes to transfer. Except at UVA which is set up for that - it’s not direct admit into the commerce school.
Transferring at Michigan is almost impossible.
Transferring at NYU is possible, but definitely not easy.
Note that Michigan out of state non-Ed Ross is nearly impossible and Stern is rumored to reject anyone without a 1550. In other words, you have no choice but to apply into Econ or something else if you want to receive serious consideration.
I do not disagree with you, but he will not be admitted if he goes business. Therefore, he is caught.
I don’t have first-hand experience to answer that question but my impression is that Georgetown admits are somewhat less dependent on major, at least compared to nyu and Michigan.
That’s my point - apply what you want - and if they say no go elsewhere. There’s no 5 schools with a monopoly on the career. There’s not 25 schools even….
If he was so tied to business why would he even be applying to Northwestern? That’s why I would not agree.
Personally, I am a business person but he’s giving mixed messages imo.
It’s a good question - I hope he answers.
If I had to guess ? The name.
The student only mentions creme de la creme names.
When you note IU is often the safety to all these schools - you get no response.
I hope OP’s list is wider than they’ve mentioned.
If you do truly want to major in business/finance, add Florida, Wisconsin, U Miami, Northeastern, Richmond, Indiana, Maryland, Fordham, Babson, BC. You will get into the large majority and have lots of options.
This is the kid who can only apply to ”name” schools because of his parents. Those are not likely names they would approve of.
As is said elsewhere, you don’t need to be a finance or business major to do finance. The gyms guys on The Street go to are infested with NESCAC t-shirts. No business or finance majors there. Pick one you can get into, get an internship at a bank or asset management firm, get job, rinse and repeat for graduate school.
Well maybe if the parents saw the latest Wall Street Journal rankings - I mean, who is more business than the WSJ.
- Stanford
- Babson
- Yale
Yep, Babson, #2, rated higher than any Ivy league school.
Indiana is the perennial, top 10 b school sub for many of the names listed.
I’m guessing it or Babson will sound a lot better than the local community college.
I think they already dissed the Babsons and Bentleys of the world. He needs to better educate his parents on this stuff, but that seems like a non-starter. Not a good use of time trying to convince OP otherwise.
Really my point/fear is - ok, you have reaches.
There’s certainly a decent chance they’re going to go 0 for - IMHO. I’d hope not or guess not but it’s certainly a reasonable possibility.
So then what?
Not disagreeing with you, but sometimes ya gotta read the room. The kid’s not listening, otherwise they wouldn’t be doing chance me’s for all the fancy schools.
To me, their best bet would be to apply to BC along with their Hail Mary’s. Awesome finance. You can’t swing a dead cat without hitting a Private Equity, Asset Management, Family Office or other finance firm in Boston and BC has a pipeline into all of them.
But they’re not trying to hear that, so trying to convince them of the value of considering Florida will fall on deaf ears.
I understand what you are saying, but just don’t remember his old posts. That’s really too bad.
Regarding Babson and Bentley, Please let me be the first to say this on CC. When people group the two schools together here, we show we have not evolved our thinking in 20+ years - and in this case feed into the issue you claim his parents are having. While Bentley does have strong finance and is a good school… the two are no more overlap schools than Trinity is to Williams. Literally, people would have Babson as a reach these days with Bentley as a safe school. Furthermore, Bentley has broadened itself well beyond business where Babson remains more focused. The two have 100+ difference on tests, too.
Babson loses to Wharton (obviously), Stern, and battles BC. Bentley loses to Northeastern, Maryland, and battles U Mass. Hope that helps someone.
They were lumped together in this case because those names and others were offered in previous posts. As were many others outside of the Top 30 (whoever they are).
That said: Everyone is entitled to their opinion. I fully disagree with this one, respectfully.
Aside: How different are Trinity and Williams really? Outside of the contractual obligation CC members have to worship Williams, I don’t see a wholesale difference in curriculum and offerings.
For the record, we recruit at both places, so I’m pretty up to date on my Babsons and Bentleys.
<Waiting for the “Stay on topic” flag.>
I’m with you on Babson/Bentley.
Some folks like to see a lot of air between two schools that are very similar. And conversely, morph two VERY different schools in terms of the academic and intellectual experience together in order to score points. (That’s the “why pay for Mech Eng at MIT when URI teaches the exact same curriculum” crowd).
I think back to @SaintRice - add some “easier” entry names. They are out there that do well and are considered high level finance schools (not the highest tier but closer than farther) - Indiana and SMU to name two - and others people name above.
If the list is as you showed, there’s a real possibility you will end application season without a home. That’s the point being made here. You are awesome - but awesomeness abounds everywhere at these top schools.
Good luck
As mentioned to @IndySceptic privately, I lecture at each school and sit on the board of 1 of them. There is considerable professional and proprietary research done around overlap schools and I will share highlights the next time I can get my hands on some. The missing ingredient that many rankings miss is the quality of the students attending (because it is hard to figure out), as this often influences what is taught and the depth of material. From an SAT perspective, I used the Trinity/Williams and Bentley/Babson analogy to emphasize that the students entering are a different caliber. While Williams students are +130 points on the SAT, Bentley students will be -140 points when the data comes out officially this year.
I will move on because my real point is that if we lump 2 schools with very different caliber student profiles together, we won’t be helping a student who might have no choice but to deal with school snobbery.
Moving on.