<p>Young Kafka has been thinking about college and has finally decided to apply to Wharton ED. (My alternative was waiting and applying to Wharton and Harvard regular - but i liked Wharton for the educational opportunities it provided has but likes Harvard because its Harvard and Young Kafka’s father is an alum). </p>
<p>Young Kafka is very interested in business and believes that this is the best course of action for him to take. Wharton fits his interests (finance and law - you can take classes at Penn law school as an undergrad) and his aspirations (Private Equity) better than Harvard. Young Kafka will tell you how things turn out for him.</p>
<p>Young Kafka will tell you this and how his hello Hotchkissers do this year. Young Kafka knows of only 2 people who got in already (likely letters) both to Harvard. Wish Young Kafka luck ! He has had a lot of fun on these boards and has learned a lot. Young Kafka appreciates the CC community.</p>
<p>Private equity? Kinda pedestrian for someone who chose such an exalted username. I think you might have to change your username, or focus your interest on economics or mathematics, more intellectual aspirations that can lead you to rolling up your sleeves in PE-land.</p>
<p>Young Kafka is finding that a once very liberal Young Kafka is becoming increasingly conservative (on monetary policy) but is still a flaming liberal on social policy. If the government begins regulating Hedge Funds and Private Equity Young Kafka believes the industry will collapse. Young Kafka believes that the government should keep its hands out, for once.</p>
<p>No, Young Kafka does not think so. Though to suggest that all hedge funds do this, Young Kafka finds is false. Galleon was an outline group not the norm. Young Kafka believes that Hedge Funds need a certain amount of secrecy because no one knows how to value their assets or knows what the re investing in. If this was not secret Young Kafka fears a drop in profitability. Young Kafka has attached a link to a Knowledge at Wharton video talking about that:</p>
<p>kafkareborn, while I understand excellence is excellence so someone like you may be admitted by HYP plus Wharton, I want to know what particular qualifications/qualities you think Wharton is looking for in the applicants more than others?</p>
<p>Well above all I assume Wharton looks for leadership. Sure you have to be a good quant as well but soft skills like leadership, verbal ability, and personality are just as critical. I think in this regard Wharton looks for leadership above all else. Quant skills are also focused more on at Wharton than say a place like Yale. I mean if you are going to be fiddling around with Black Scholes you better know some math eh ? Wharton also looks for demonstrated interest in business. (I got that covered - I spent six months writing my own derivative and showed it to the president of our board who is a former president of goldman sachs he liked my idea as did some of my other friends in the finance world).
Also Wharton wants to see that you have not pigeon holed yourself too much. I mean they want to you to be focused but not to the extent that you CERTAINLY want to go into one specific field (I am interested in PE but I am not pigeon holing myself to think that the is the only jobs out there - after all getting a PE job is almost impossible out of college). So I mean looking at a liberal arts education (that Wharton does offer by the way nearly half of your classes are in the liberal arts) is the best way to go about it but also complementing that with hard core finance knowledge. Where else could I sit in Seigel’s classroom in the morning and then go to a class at Penn law school in the evening and take a class of Socrates in between ? </p>
<p>Did you mean to say “reach” ? well obviously it is a reach Wharton is Wharton. It is as selective as the most selective institutions on earth, mainly Harvard, Yale, Stanford and Princeton. It is a reach for anyone. That being said I feel confident that I have a fighting chance for a number of reasons that I will not discuss.</p>
<p>I meant “retch.” The whole third person, I’m special, I went to Hotchkiss screed, blah, bah, blah. I knew a bunch of kids at Penn exactly like you, some in my fraternity. As deep as a book of Cliff Notes, they were.</p>
<p>Firstly I was emulating fun is fun’s style by writing in the third person because well it is fun. I have never used the third person in any other post except on this thread. Check my other threads out if you’d like. Secondly, this is the PREP school forum … so obviously one would talk about PREP schools. So your comment is unwarranted. Thirdly, I do not think I am special. I do however want to get the best education I can possibly get, so I do not see why discussing that is a bad thing. I think you need to take things in perspective and not jump to conclusions.</p>
<p>Well, Kafka, if you really want the “best education” why not try improving your grammar. One correctly says, First; Second; Third when making points, not “Firstly; Secondly; Thirdly”. And, yes, it is a prep school forum, so why are you talking about college?</p>