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re: College choices for finance

Posted on 3/9/18 at 12:56 pm to
Posted by hiltacular
NYC
Member since Jan 2011
19963 posts
Posted on 3/9/18 at 12:56 pm to
UGA would be my first choice out of those schools but the reality is that if he comes out of college with good grades (like a 3.9) and spent some time in an internship, I don't think it will particularly matter in the long run. Now if he graduates with a 3.0 from LSU he may have some trouble.
Posted by lynxcat
Member since Jan 2008
24735 posts
Posted on 3/9/18 at 1:54 pm to
UGA vs LSU is not going to open doors that would otherwise be closed unless it’s something specific in Atlanta.

It he wasn’t looking at UVA, for example, then I would say he should go there. The comparison schools just aren’t that much better than LSU if money is a consideration.
This post was edited on 3/9/18 at 2:23 pm
Posted by hiltacular
NYC
Member since Jan 2011
19963 posts
Posted on 3/9/18 at 2:00 pm to
quote:

UGA vs LSU is not going to open doors that would otherwise be closed unless it’s somehong specific in Atlanta.


UGA holds a lot of weight in GA and as you said ATL is an extremely large market to open a door in.
Posted by MWP
Kingwood, TX via Monroe, LA
Member since Jul 2013
10789 posts
Posted on 3/9/18 at 2:15 pm to
quote:

Also, joining the frattiest fraternity on campus will help a lot. Seriously




Since LSU is trying to kill them off, might be better off going to UGA for undergrad.

Seriously though, I would go to LSU for that price savings. Why not Tulane for the MBA? Or Rice in Houston?
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 3/9/18 at 2:19 pm to
quote:

They all have a dual degree program in Financial Engineering with Columbia.


very intersting....he's looking at Elon which is on the program...will look into this, thanks
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 3/9/18 at 2:23 pm to
quote:

Out of curiosity, do you know where each of these Finance schools rank?



Yes, but as everyone knows, the 'rankings' are subjective and not always great indicator....that beings said Tulane/SMU are about the same with Georgia close behind...LSU way down there, though I'm not convinced those rankings mean as much as the students efforts in the school with regards to internships, grades, clubs etc. My daughter is graduating from LSU in finance this spring and has a great job, as do all of her friends in teh department
Posted by lynxcat
Member since Jan 2008
24735 posts
Posted on 3/9/18 at 2:34 pm to
Honestly, very few students actually take advantage of those programs.

We had one with WashU for Biomedical Engineering and I don’t know anyone in my class that did it. It’s a bit awkward because you graduate from the first school in 3 years typically which is when you have really strong relationships and comfort at the school. Then, you pick up and go somewhere for two years and start over. It’s fantastic on paper but I just never heard of it getting used often.
Posted by baldona
Florida
Member since Feb 2016
22488 posts
Posted on 3/9/18 at 2:46 pm to
quote:

.dreams of NYC and Boston.


Jobs hire mostly from schools within their general area. If he wants to work in Texas go to a Texas school, Atl go to UGA or Ga tech, Northeast go to the northeast.

His best bet if he truly wants to go northeast is to head up there. Or go to the cheapest school for undergrad and do well, then go get his MBA in the northeast.
Posted by anc
Member since Nov 2012
19659 posts
Posted on 3/9/18 at 2:59 pm to
quote:

Honestly, very few students actually take advantage of those programs.

We had one with WashU for Biomedical Engineering and I don’t know anyone in my class that did it. It’s a bit awkward because you graduate from the first school in 3 years typically which is when you have really strong relationships and comfort at the school. Then, you pick up and go somewhere for two years and start over. It’s fantastic on paper but I just never heard of it getting used often.


Im going to assume the lynx in your name is Rhodes???

I teach at an SAA institution. You are right - most kids do not take advantage of these programs. They end up going the 4 year degree/grad school route. But they are great opportunities for someone who is driven. Easiest route to an Ivy League degree in my experience.

Ive seen a kid with a 4.0/35 ACT get denied admission to an Ivy League school. Ive seen a kid with a 25 ACT go this route, work hard and get the dual degree.

Its at least worth a look for the OP.
Posted by lynxcat
Member since Jan 2008
24735 posts
Posted on 3/9/18 at 3:40 pm to
Yes, I went to Rhodes. Completely agree that they are powerful programs for someone driven to pursue them. The social pressure is likely the biggest barrier to overcome. I’m unfamiliar with the Columbia program mentioned in this thread but that’s an elite opportunity for the right person.

Everyone needs to figure out what they are trying to get out of the college experience. I’ve taken classes at LSU and it’s a very different academic experience than Rhodes offered (average class size of 14; one of my Tax classes was 4 people my senior year). One is not necessarily “better” than another - they just emphasize value in different ways. With scholarships some private schools are more approachable, but rarely are they going to beat the local state institution on cost if that is your primary evaluation factor.

I decided to go to a T20 MBA program because Rhodes just doesn’t carry water nationally or internationally. It was a trade off of a small school that is strong regionally but has a minimal alumni base. With that said, I wouldn’t trade those years for anything.
This post was edited on 3/9/18 at 9:15 pm
Posted by HYDRebs
Houston
Member since Sep 2014
1460 posts
Posted on 3/9/18 at 3:59 pm to
quote:

Charlotte has a couple bank headquarters, but Atlanta has wayyyyy more finance opportunities.


And Houston or Dallas has more finance opportunities than Atlanta but that doesn't mean its known as a finance hub. Charlotte is the only one I think of when I think of southern cities.
Posted by NFLSU
Screwston, Texas
Member since Oct 2014
17873 posts
Posted on 3/9/18 at 4:16 pm to
Tulane is where normal people go...to grad school
Posted by ATLdawg25
Atlanta, GA
Member since Oct 2014
4370 posts
Posted on 3/9/18 at 4:18 pm to
I would argue that Texas and ATL are pulling from mutually exclusive candidate bases.

If you put a new finance grad in the middle of ATL and one in Charlotte, the former will find a relevant job faster the majority of the time. Have you worked in either market? If someone wants to work at a bank HQ, obviously Charlotte is the place to go. But that’s a pretty narrow band of the financial world.
Posted by GREENHEAD22
Member since Nov 2009
20073 posts
Posted on 3/9/18 at 4:52 pm to
Wish I would have known about these programs when I was looking at colleges.
Posted by geauxpurple
New Orleans
Member since Jul 2014
14882 posts
Posted on 3/9/18 at 6:38 pm to
Posted by KillTheGophers
Member since Jan 2016
6595 posts
Posted on 3/9/18 at 9:28 pm to
Tell him not to major in finance....


....unless he runs parallel with a strong MIS or programming curriculum.

Finance will be blocked chained out in his lifetime.
This post was edited on 3/9/18 at 9:29 pm
Posted by reb13
Member since May 2010
10905 posts
Posted on 3/9/18 at 9:43 pm to
I mean ole miss has Stephens recruit for Little Rock and Nyc and all of the big 4 recruit for nyc there. I know that’s not one of his options but if you can do it at ole miss you can do it at those schools
This post was edited on 3/9/18 at 9:46 pm
Posted by lynxcat
Member since Jan 2008
24735 posts
Posted on 3/9/18 at 9:46 pm to
What a ridiculous post. The discipline of finance will be "block chained" away?

Most people going into finance are not focusing on closing the books. Finance is a terrific discipline to build business acumen and a quantitative understanding of how decisions impact the financial health of the firm. I'm pretty blown away you would think block chain is going to make all the finance roles suddenly disappear.
Posted by lynxcat
Member since Jan 2008
24735 posts
Posted on 3/9/18 at 9:47 pm to
Ole Miss is a top 10 accounting school in the nation. The B4 in Memphis recruit Ole Miss hard.
Posted by reb13
Member since May 2010
10905 posts
Posted on 3/10/18 at 9:46 am to
They essentially recruit for every city now hard. It’s somewhat of a trickle down - PE/tech is recruiting Ivy League undergrads so BB banks are having to dig a little deeper for a pool of candidates (think UT Austin) so even smaller I banks are recruiting essentially tier 3 schools like ole miss. Thus B4 has to dig deeper in their pipeline into tier 4 schools you’ve never heard of.

The expansion of companies on campus at Ole Miss has really made me happy.
This post was edited on 3/10/18 at 10:30 am
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