<p>Well if you look at AEM, the median is $5k higher than BHP [Charles</a> H. Dyson School: Careers](<a href=“Applied Economics and Management Degree Program | Cornell Dyson”>Applied Economics and Management Degree Program | Cornell Dyson)</p>
<p>If I am reading the chart correctly, all of the salary averages on that page is for the honors program. I have no clue what this whole double majoring thing is and since they don’t break up the statistics anymore or back anything up with facts, I wouldn’t know what to take from it.</p>
<p>“First, what exactly is the event for which you recieved an email invitation? Yes, I noticed there are several schools from across the nation, but the fact that Texas A&M was on that particular list and UT Austin is suspicious to me. If you were hesitant on the scope of national prestige of UT BHP, then Texas A&M’s business reputation in the field is not comparable. Even in the south, McComb’s beats Mays.”
-I’m not going to answer what the invitation was for and usually I don’t see Texas A&M or Berkeley included. The rest seem pretty typical. I also don’t know enough about the texas business school system (except they barely get any attention outside of the south), but investment banks don’t only recruit out of the business schools. Texas A&M may have some liberal arts or engineering majors that have gone on to be successful in firms—I don’t know.</p>
<p>The invitation was from a top tier hedge fund offering a competition/networking opportunity. I just picked that one since I literally just got it in my email.</p>
<p>“Second, why are you referencing income and percentage statistics from Cornell engineering majors who broke into the financial industry? What you should be using is the AEM statistics to measure business program against another actual business program.”
See above then. Cornell AEM doesn’t break up the numbers as well as the engineering school and a consulting company would RARELY pay an engineer more than a business major. I found it to be the best metric I had access to. I believe what is most important from that comparison is that Texas blows their program completely out of proportion. They do NOT get Bain/BCG recruiting there if Cornellians get paid much more on average and don’t get recruited by Bain/BCG/McKinsley.</p>
<p>I don’t see where it is indicated that it isn’t just honors students.</p>
<p>" - One more note, the UT BBA chart mentions that the ~63K is for BHP students who picked a BBA along with the Honors degree (double majored). BHP students still have the option of majoring solely in general business honors itself, but this is not reflected on the chart. I would think most BHPers double major with a BBA + Honors anyway - much of the curriculum is made to overlap to encourage it."
-And yet they do not break up the statistics. They lump everything together and that is NEVER for a good reason.</p>
<p>"In BHP/McComb’s, while students are given positions in the Northeast, many students are offered positions at firms in Texas, which has a much lower COL. "
-If they are going into IBanking/consulting, many move out east. Cornellians also move west all the time. I didn’t forget about this and yes, it does influence the salaries a bit, but I see no evidence that this justifies the large salary gap.</p>
<p>" - One more note, the UT BBA chart mentions that the ~63K is for BHP students who picked a BBA along with the Honors degree (double majored). BHP students still have the option of majoring solely in general business honors itself, but this is not reflected on the chart. I would think most BHPers double major with a BBA + Honors anyway - much of the curriculum is made to overlap to encourage it. "
Ok.</p>
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<p>I am not going to spend any more time talking about this Texas program with you. In the end, the UNIVERSITY as a whole is not recruited into IBanking and I am even left skeptical with what I found online about the honors program. When you go into banking, they are prestige heavy TO AN EXTENT. Do they care whether you go to Brown vs. Princeton vs. Stanford vs. Cornell? Not much; all have good names and they look at the student’s past/interview.</p>
<p>However, in banking, the name of the college always leads to opportunities. WashU, a highly selective school, gets ZERO attention from IBs AND they have a business school. Why? It comes down to prestige so SOME extent. The name of the school matters.</p>
<p>I recommend that you continue to look into Cornell, but again, I wouldn’t look into business schools. I don’t see them as a safe investment into actually getting into top consulting firms or banking, maybe aside from Sloan/AEM/Wharton/Ross/Hass/Stern. There are many better alternatives.</p>
<p>Best of luck.</p>