First Year College Choice (Making The Best of a Bad Situation)

Afternoon,


So all of my decisions are in with the exception of Binghamton (waitlisted, of fucking course).  I already knew I was in it for a shitty outcome but regardless I still need to ensure that I am in the best position possible for my first year in case I fail to transfer to a better school.  I'm confident that I can make it to a T20 or better as a transfer but alas I must be prepared for the worst.  My options worth considering are as follows:
 

I'm trying to break into Investment Banking by the way, in case that changes anything.

  • PACE University (Finance, Manhattan campus)

  • Manhattan College (Finance)

  • Penn State (Finance, ABINGTON (god why)... albeit with 2+2 program) 

  • Maybe? Binghamton (Finance)

I am approaching this entirely from the perspective of high finance opportunities and preference from recruiters, I could care less about cost or culture or whatever as long as I get the maximum return on investment.  The way I see it, Penn State is the way to go because of the 2+2 program but obviously y'all know better than I.  Please include the pro's and con's you see in each school, and thank you for your help.

 

Navigating through your college options with a laser focus on breaking into Investment Banking is a smart approach. Here's a breakdown of your options based on the most helpful WSO content and insights from the community:

PACE University (Finance, Manhattan campus)

Pros: - Location: Being in Manhattan offers unparalleled networking opportunities. Proximity to Wall Street can facilitate internships, informational interviews, and networking events. - Focused Finance Program: Tailored courses and resources for finance students.

Cons: - Recognition: While well-regarded in certain circles, it may not carry the same weight as some other institutions in the eyes of all recruiters.

Manhattan College (Finance)

Pros: - Specialized Programs: Offers a solid foundation in finance. - Location: Proximity to NYC provides good networking opportunities, though not as central as Pace.

Cons: - Alumni Network: Smaller alumni network in finance compared to larger universities.

Penn State (Finance, ABINGTON with 2+2 program)

Pros: - Brand Recognition: Penn State is a well-recognized name and has a strong alumni network. - 2+2 Program: Offers the flexibility to start at a smaller campus and transition to the main campus, potentially providing a more personalized initial college experience.

Cons: - Initial Location: Starting at Abington means you'll be away from the main campus and its resources for the first two years. - Transition: The transition to the main campus needs to be smooth to take full advantage of Penn State's network.

Binghamton University (Finance)

Pros: - Reputation: Known for its strong academic programs and value for money. - Alumni Network: Has a growing presence in finance, with alumni willing to help.

Cons: - Location: Being further from NYC, it might require more effort to network and secure internships in the city.

Recommendation:

Given your focus on high finance opportunities, Penn State's 2+2 program seems to offer a compelling blend of brand recognition and a strong alumni network, which are crucial for breaking into investment banking. The transition to the main campus should significantly enhance your access to recruiting opportunities and networking events. However, PACE University also stands out due to its prime Manhattan location, offering immediate access to Wall Street for internships and networking from day one.

It's essential to leverage whichever school you choose to the fullest: join finance clubs, seek leadership positions, network aggressively, and secure relevant internships from the start. Remember, your hustle and how you leverage resources will play a significant role in your success in breaking into investment banking.

Sources: Help me choose the right university for Investment Banking, https://www.wallstreetoasis.com/forum/investment-banking/pros-and-cons-ib-vs-pm?customgpt=1, Why choose Sales and Trading over Investment Banking?, Comparison of College Athletes to Investment Banking, College Decisions! Do I go with the bird in the hand or the two in the bush?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Problems that existed in high school (such as lack of knowledge, planning, or work-ethic) will no longer exist going forward. 

 

You gotta accept now that in college, you will only have time to do one of the following because the timelines and what they expect of you are so different.

  1. Transfer to a target university (Georgetown/Cornell/UChicago)
  2. Recruit for freshman and sophomore internships

You're in for a hard time - do you want to a) optimize for transferring to a target, while losing out on the career rat race until sophomore summer at earliest, or b) transfer to a semi-target (prestigious state schools) while grinding for internships. If you think you can do both - no

 

I would imagine that internships and real experience are ultimately more valuable.  Which would you recommend?

 

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