<p>Hey everyone, sorry about not giving the link, I sooooo thought I had in my OP; as it turned out I guess I forgot. But yeah, this has happened within the last day so everything is updated and all the news isnt out yet.</p>
<p>Thanks. Wow that sounds horrible for those of us transferring as business majors. If we’ve taken micro/macro econ and financial/managerial accounting, we’ll have to retake two econ courses and two accounting courses at USC as our econ/acc courses will no longer transfer. It seems like it would have been better for them to make this decision over the summer months so that way incoming transfers aren’t screwed over and next year’s transfers can plan their class schedule accordingly for transferring :/</p>
<p>Interning largely depends on how well you interview. Since investment banks know that the majority of the students have very little experience when it comes to the investment banking world in general, they focus on fit questions.</p>
<p>As far as I know, most of the bulge bracket investment banks recruit at the Ivies because they know that is where they can find the most motivated people. However, there are many opportunities out there – both small and bulge bracket, local and abroad – it’s just a matter of making the grade and interviewing well with the fit questions. There are opportunities through the Alumni network (of course) and also satellite corporate offices in both northern and southern California. For example, my cousin in-law worked for JP Morgan at their San Francisco office. A specific pipeline, I haven’t seen many recruiters reaching out; many times, recruiters will come on short notice to USC – come and go, if only briefly.</p>
<p>I’m working at my current investment bank until I receive (hopefully) an acceptance letter from USC. After that, I will be a full-time student and try somewhere different for internship in the summer. Our firm mostly deals directly with individual clients. I want to explore institutional/corporate finance – mainly mergers & acquisitions or consulting in general – so a bulge bracket or similar type of firm is what I’m looking to intern for after my junior year</p>
<p>Yeah it appears that the econ was wasted, but the accounting courses are still good. Taking BUAD 305 (i think thats the one semester for both intro acct courses class) still gets you out of the accounting tho - based on a note in the schedule of classes. So its not tooo bad, but not as good as having just left it. But yes i totally agree, would it have been so hard to let everyone know so we could know what we were getting into? Especially for such a major change such as this I feel USC could have handled it better.</p>
<p>@LagunaSC - Where did you read we can still take BUAD 305 in place of the two new accounting courses? I checked schedule of classes and they don’t list fall 2010 yet.</p>
<p>Wow. I’m appauled. I can’t believe they did away with the major concentrations with the idea that should pursue a minor outside of the business school instead. I can’t quite rationalize this change? Any ideas people??</p>
<p>Kulakai, are you certain that our econ and accounting courses will not transfer? If so, this does definitely suck for potential business transfers. </p>
<p>I would be down for some type of petition or proposal in regards to keep the 2010 business transfers on the same curriculum path as students that were enrolled prior to fall 2010, but I’m not sure how far that could actually go. </p>
<p>Skyline, thanks for the response, it was very helpful. I assume USC has a fairly strong alumni base in ib, but what about PE?</p>
<p>Read that last link posted by Laguna. Micro/Macro econ are no longer required for the degree so our micro/macro econ courses would transfer as elective credit. You’d then have to take the two new econ courses with them.</p>
<p>I assumed the same for financial/managerial accounting however Skyline says they read somewhere that BUAD 305 would still be available to take instead of having to take the two new accounting courses at USC.</p>
<p>It specifically states we’d have to take these two new econ courses. It does not specifically state if the same is true for the accounting courses though so we need to clarify that somehow.</p>
<p>Its confirmed it applies to transfers (also says so on the page).</p>
<p>From the Fall 2010 description of BUAD 305: “Uses of accounting information in decision-making; accounting issues concerning income and cash flows, economic resources and capital. Open only to students with two transferable “Principles of Accounting” courses from a two-year or four-year institution. Duplicates credit in BUAD-250ab, BUAD-280, and BUAD-281.” By duplicates credit, I’m fairly confident it means that it gives credit for so I think we’re good there.</p>
<p>And Macro/Micro will transfer for units only. It doesn’t say anything about not being able to take BUAD 305 in lieu of the two beginning accounting courses (280 and 281 or 250ab before the change) if you’ve taken Financial and Managerial at a CC, so I think its safe to assume they haven’t done away with that.</p>
<p>Any ideas for this petition you speak of Zack? Maybe we should all threaten not to go… yesss! you guys all withdraw your applications in protest thereby making it easier for me to get in :-)</p>
<p>Not too sure how the proposal would be structured (probably won’t be a withdrawal of my application lol) but if the new curriculum change will cause potential transfers to graduate later than planned (more than 3 years for sophomore transfers or more than 2 years for junior transfers) then I think we should definitely try to do something. Now that I think about it, I think it would be best to wait and see if we’re accepted and then talk to USC about it, right? </p>
<p>Where does it say it applies to transfers on the website, I couldn’t find it.</p>
<p>Will these new changes cause us to graduate later than expected?</p>
<p>Ah thanks LagunaSC, that is a bit of a relief. I only glanced at Spring 2010, not Fall :)</p>
<p>@zach504 - I’ll have to take 2 additional courses total which means I’ll only be able to graduate in 2 years if I take summer classes if I maintain a full 4 course per semester load otherwise. I have no room whatsoever for a minor or classes not required for the major.</p>
<p>Well … it looks like I know what classes to take for summer school now. </p>
<p>The problem is, I have been looking at the articulation agreements with CCs and 4 year universities, and I can’t find any schools that offer classes that are equivalent with the new Marshall Requirements. </p>
<p>Is everyone planning to take the new ECON and BUAD courses at USC after we (hopefully) transfer in? </p>
<p>I live in So. Cal and would ideally like to take the new courses for summer school, but I don’t even know if that is possible now. =/</p>
<p>@Sky-raptor You cannot get credit for any Marshall reqs, except the perquisites, outside of USC. Furthermore, the new ECON courses I haven’t been able to find online at ALL, and the BUAD won’t be offered until Fall of 2011. That being said, as I too live in socal, I’m taking summer school (which I talk about right below).</p>
<p>@Kulaki Me too. I’m planning on taking summer school this summer, thereby saving next summer for a good internship, and if I don’t get accepted to USC I can get a refund so far as I withdraw before a certain date (which depends on the class but it commonly the last day of may or the end of the first week of june). I’ll prob take 8 units (maybe one GE and one of the BUADs), so I’ll be more or less set for 16 unit semesters. </p>
<p>@Zack Yeah, I think i’m just going to roll with it. It only makes my life a little bit harder, and its not worth angering any important people! But graduation depends on your situation - see what you need to take, assume 16 unit semester and see how the chips fall.</p>
<p>so 3 questions… does anyone know when we find out about financial aid? </p>
<p>and regarding the econ classes, does that mean they are no longer pre-req for business as of this year…or starting fall 2010 they wont require transfers to complete them?</p>
<p>also, why does this make it harder for Marshall transfers?</p>
<p>@zack504: Private Equity is considered the promised land, really – in terms of salary, that is. Firms like KKR are very selective and even moreso with upper-level management. The primary way that people usually get a job in private equity is by starting at a bulge bracket firm as an analyst or moving to an associate position and then being interviewed. It is literally impossible to intern at a reputable (aren’t they all?) private equity firm if you’re an undergrad. As far as the alumni is concerned, even that is fairly sketchy.</p>
<p>Hello everyone - just a quick question. Have any of you called USC before regarding a change in major after the submission of your application? I’m currently applying for Business Admin, but I am being drawn to accounting more and more; I really like it. haha. Anyway, I was just wondering if it was at all possible to still make the switch.</p>
<p>@ skyline and Zach… I’m glad to see we share the same interests and aspirations. Rarely do I run into people that have an ambition for high finance (IB/PE). Although my hands on experiences are quite limited (skyline I am envious of your IB position) I have done what I can to educate myself about the industry and know that it something I want to kill myself for!! </p>
<p>If you guys are interested here is really good guest lecture by Steve Schwarzman, president of Blackstone Group. </p>