OT - Rutgers Business School

[Pils86]

Seeking comments from anyone with experience with the following.

If rejected, is there any appeal process to reapply to the Rutgers Business school?
How hard is it to transfer in to the Business school from Rutgers College or Rutgers Newark Bus?
When hiring, would it look bad to have a degree in Economics or business from Rutgers College because it is not from the Business school?
When hiring, would Rutgers Bus carry much more weight than business schools like Delaware, UMass, Fairfield, URI, etc?
When hiring, would a 3.5 GPA from a lower ranked business school make a more desirable candidate than a 2.8 from a higher ranked school?
And finally, with apologies, how difficult is it at PSU to get the 3.2 GPA or above to stay/move into the business school?

Thanks in advance for any comments.

 

[T2Kplus10]

Answers to the best of my ability!

Originally posted by Pils86:
Seeking comments from anyone with experience with the following.

If rejected, is there any appeal process to reapply to the Rutgers Business school?

No idea.

How hard is it to transfer in to the Business school from Rutgers College or Rutgers Newark Bus?

If you have good grades, not that hard. And I think you can take RBS classes as a non-RBS student, so essentially you can prove you can handle the work.

When hiring, would it look bad to have a degree in Economics or business from Rutgers College because it is not from the Business school?

No direct info on this, but I think it's not a big deal, especially for economic degrees.

When hiring, would Rutgers Bus carry much more weight than business schools like Delaware, UMass, Fairfield, URI, etc?

I believe RBS is a top-50 program now and would carry more weight than those other schools. But during the interview process, you present yourself and you never know, the hiring manager may be from one of those other schools!

When hiring, would a 3.5 GPA from a lower ranked business school make a more desirable candidate than a 2.8 from a higher ranked school?

That's a pretty big difference and a 2.8 is kind of low. So I would bet the 3.5 from a lower ranked school would be better. Unless you are talking about Harvard vs. Devry.

And finally, with apologies, how difficult is it at PSU to get the 3.2 GPA or above to stay/move into the business school?

No idea.

Thanks in advance for any comments.

 

[jay_hq]

Originally posted by Pils86:

How hard is it to transfer in to the Business school from Rutgers College or Rutgers Newark Bus?

My answer applies to virtually every college in the country for your question.

The more valuable degrees such as Business and STEM (Science, Technology, Engineering and Mathematics) are being flooded with applicants for good reason. They have the highest ROI (Return on Investment)

These programs are being packed with students that get accepted into the program right away.

It's become EXTREMELY difficult to transfer into these programs.

While I was at Rutgers a few of my buddies couldn't land into the engineering program. They took a lot of the physics and calculus classes anyway and didn't do so well (B grades etc). Some of them never got into the engineering program and this was in the mid 2000s. Its even more competitive now.



This post was edited on 4/4 2:06 PM by jay_hq

 

[HeyHuey]

You should have gone to the Open House at Livingston on 2/21 that I posted about.

Are you applying for full-time status or flex? There's a 20% acceptance rate at RBS...better for flex. ?

What is the value of RBS MBA relative to other schools?

Goldman Sachs, J P Morgan Chase, Morgan Stanley, BOA etc are hot after the best from Harvard, Wharton, Stanford, MIT, Booth, Sloan, etc. RBS is a great investment and all of the NJ Pharmas, etc are in play. You have to network and write letters. Network, Network, Network....sharp elbows at the dinner-table. That's the way of the world.

You're transferring and have no work experience? Tougher. I hope you had good GMAT scores.

Call RBS...I posted their link.

Good luck

RBS

 

[MikeRU1766]

I think the original poster is talking about getting his undergrad from the Rutgers Business School and not a MBA or Masters so he wouldn't have to worry about taking the GMAT's.

But anyway to answer you question I graduated with a degree in Finance from Rutgers Business School in 2012 and honestly my buddies who got an economics degree do roughly just a little bit worse than I do (which is still totally fine though). And Economics is WAYYYYY easier than Finance when it comes to the course work you have to get through.

Granted I only got a 3.3 in Finance. If I had done better and was more in the top echelon of my graduating class then I would have a distinct advantage over people with economics degrees (if salary is the only metric we are basing this on.) I have buddies who graduated with like 3.7's and above with Finance degrees and they are all making more than 75k a year with a couple making like 90k. Of course you have to get good internships as well besides just having a good GPA.

 

[BigLou]

Originally posted by Pils86:
Seeking comments from anyone with experience with the following.


And finally, with apologies, how difficult is it at PSU to get the 3.2 GPA or above to stay/move into the business school?

Thanks in advance for any comments.

At PSU, acceptance at Smeal as an incoming freshman carries no guarantees. You need to achieve a 3.2 after the middle of sophomore year to guarantee your choice of major (3.5 for Finance and maybe the 5 yr accounting major). On a numeric scale a 3.2 is about an 85 average ( a B is a 3.0, B+ is 3.33 and B- is 2.67). During the first 2 years there are 8 required courses including a 4 credit accounting class that covers financial and managerial nd is considered a "weed out" class. If below a 3.2 don't count on anything being available except maybe MIS.
Smeal also requires that you get to the 3rd level of a foreign language in order to graduate.

 

[Scarlet Pride]

If you went to RBS Newark and kicked butt and made a strong effort from the start to know your profs and the deans assistant deans you would probably find transferring to NB reasonably doable but no guarantees. If you want to get in either from SAS or RBS Nwk you will have to bust your butt.

An RBS degree is definitely better than the other schools you mentioned and Smeal is probably comparable. Regardless of the school if you do well you can stand out and get hired by top places. If you are an average or below average at a top school you will still be below the top students at a "lesser" school.

 

[ruhudsonfan]

Originally posted by Pils86:
Seeking comments from anyone with experience with the following.

If rejected, is there any appeal process to reapply to the Rutgers Business school?

To the best of my knowledge, no. But I'm almost certain you can re-apply. If you are rejected, make sure your mirror the required curriculum as best you can so as not to put yourself too far behind.

How hard is it to transfer in to the Business school from Rutgers College or Rutgers Newark Bus?
Rutgers College shouldn't be hard, assuming you have a 3.4 or higher. RBS-N I would think they limit so people don't treat Newark like the minor leagues.

When hiring, would it look bad to have a degree in Economics or business from Rutgers College because it is not from the Business school?

What kind of jobs do you intend on pursuing? Wall Street? Probably doesn't matter at all. Investment banks, P/E firms, and Hedge funds like non-traditional majors. Management consulting? Matters a little bit more, but the white shoe firms are a lot like the white shoe Street firms. Those firms are McKinsey, Bain, Boston Consulting Group and Booz. It is the 1a firms that like to see some business centric studies. Those firms are Deloitte, PWC, E&Y, Accenture, Oliver Wyman. On the IT side, IBM, Infosys. For example, if you want to be a consultant for Infosys as an undergrad with no previous work experience and aren't an Comp Sci, Statistics or IT, you are wasting your time applying.

Is there such a thing as a Rutgers College "business" degree?

When hiring, would Rutgers Bus carry much more weight than business schools like Delaware, UMass, Fairfield, URI, etc?
Depends. MUCH more weight? Probably not much more. But what you will find is those schools probably have regional cache within a certain geographic radius of their campus that RU doesn't. However, nationally or in NYC, it is no contest. RU blows all of them out of the water in the "stain" category.

When hiring, would a 3.5 GPA from a lower ranked business school make a more desirable candidate than a 2.8 from a higher ranked school?

If you have a 2.8 and are on the business job market, you have bigger issues than where your business school is ranked. Let me key you into one glaring reality of the real world. People who tell you grades don't matter, got shitty grades. Grades matter for white shoe firms. A LOT. Grades even matter with those firms at the MBA level.

And finally, with apologies, how difficult is it at PSU to get the 3.2 GPA or above to stay/move into the business school?
No idea about State Penn.

Thanks in advance for any comments.

General advice. GOOD business centric jobs are extremely competitive to land. You need to identify where you want to land post graduation, as early as possible. Once you do that, identify faculty members and alums who have worked or who are working for the firms you are interested in. Create a LinkedIn profile. Make it professional, but realistic (DONT LIE, in other words). Take a legit professional photo. Not a selfie in the men's room. Reach out to alums. Introduce yourself and indicate your interest. DO NOT...DO NOT...DO NOT...make the contact about getting a job or internship. Make it about acquiring intel into the field you are pursuing. If you are not a total knob, people will help you just because you show some initiative. On the faculty side, if you are interested in Wall Street, find a way to get in a course taught be Ben Soprenzeti or John Longo. Ben places about 2 dozen students on Wall Street ever year. Get to know him early in your time in the program. He is a good guy, but comes off very intimidating. Be prepared when you reach out to him. He will bust his ass for you, if he thinks you are worth it. Longo is a totally different personality, but same rules apply. RU isn't Columbia or Princeton, but it has a tremendous network if you avail yourself to it.

If you are interested in Supply Chain, no place better in teh country than RU right now.

If you want to land in management consulting, go to Princeton...hahahaha

White shoe consulting is the last hurdle for RU to get over. It's a challenge the administration is desperately trying to navigate, on both the undergrad and MBA levels. It is tough sledding though.

This post was edited on 4/4 9:36 PM by ruhudsonfan

 

[HeavenUniv.]

Information about the Rutgers School of Business on the Camden and Cherry Hill campus---

http://business.camden.rutgers.edu/

 

[Upstream]

The big question is what kind of job do you want. The answers to your questions are very different depending on whether you want a job in a top accounting firm vs top consulting firm vs corporate finance vs etc.
Posted from Rivals Mobile

 

[Upstream]

The big question is what kind of job do you want. The answers to your questions are very different depending on whether you want a job in a top accounting firm vs top consulting firm vs corporate finance vs etc.
Posted from Rivals Mobile

 

[MikeRU1766]

+1 ^^^^^.


It depends on what type of job you are trying to get after college.

One big piece of advice I can give though is MAKE SURE TO GET ABOVE A 3.3 no matter which major you decide to go after. And preferably get above a 3.5. Because sadly a lot of jobs arbitrarily make a 3.3 GPA a cut off for applying to job without taking into account the differences in schools and majors and the better/best jobs have 3.5 as the GPA bare minimum cut off.

 

[Pils86]

I want to sincerely thank all for posting. There is good info here and I appreciate everyone's time. I won't post any further on this as it is OT and personal although I hope others have gotten some value from this thread. My son is a HS senior and we are trying to decide if he goes to a higher ranked school and work his way into the business school or go to a school that may not be ranked as high but would already be in the business school. He likes finance and stocks, finished 3rd out of 85 students in funny money stock picking class contest and likes to talk to my friend who read Barrons and has done well honing in on a stock and then playing it hard, sometime with options.

 

[MikeRU1766]

Sadly, while that passion is great and needed once he is in the real world.... while at college it won't matter for much at all.

His success will be based on how well he attends class, the quality of his notes while in class, the amount of time he is willing to study, and finally how solid of a test taker he is. These 4 things are what will determine his GPA and thereby will determine his future employment situation.

One place his interest and enthusiasm will count for A LOT is during his internships. During an internship is where you can show your passion and actually act on this passion by taking on extra assignments or contributing useful ideas during meetings, etc.

 

[ruhudsonfan]

Originally posted by MikeRU1766:
Sadly, while that passion is great and needed once he is in the real world.... while at college it won't matter for much at all.

His success will be based on how well he attends class, the quality of his notes while in class, the amount of time he is willing to study, and finally how solid of a test taker he is. These 4 things are what will determine his GPA and thereby will determine his future employment situation.

One place his interest and enthusiasm will count for A LOT is during his internships. During an internship is where you can show your passion and actually act on this passion by taking on extra assignments or contributing useful ideas during meetings, etc.

I would echo this. And as a former TA/Instructor, it is not hard to pick the kids who "care" about being students.

Sure, if he has some inherent intelligence, he can wing his way through and get somewhere between a 2.8-3.2 area. However, you can't do that at RU and get the 3.4 or higher he'll need to get the jobs or graduate school options we all want for our kids.

In the grand scheme of life, grades mean little. However, they give you options. As was mentioned above, 3.3ish is an arbitrary cut off for applying to lots of firms. 3.4 is an arbitrary cut-off for any serious consideration at the Top 30 grad Business Schools.

Encourage him to get into the internship game early in his college career. Also, if your family can afford any type of International Study Abroad options--either the full semester or even any of the week to ten day Immersion Programs that RU offers encourage him to do those too. Companies and grad schools love kids who study abroad.