ivyjock saidriddler78 - yeah, most b-students tend to go into ibanking. especially from my school, since our finance departent is.. the best. the thing is that the first few years of ibanking sound miserable, and i've learned that $ doesn't lead to happiness. i'd much rather find a job i enjoy and am good at. while i might be able to do finance, doesn't appeal to me. i'm a midwest boy after all haha, not necessarily looking to work on wall street.
our real estate dept is also incredible which works out well for me. its just a tough decision.
i wonder how much concentrations matter, as we all have to take the core business classes.. the concentration really only indicates we took ~3 or 4 different higher level classes.
anyway, are you still in ibanking/how did that go?
I was happy with the time I spent there and I'm also happier that I left - though I do wonder sometimes. Investment banking is a money trap. It was pointed out to me at the time that if you're not doubling what you make every three years you're not doing well. That said, investment banking seemed more like a game of endurance / politics than say merit in general. Average hours per week were north of 90 because of my specific group though it seemed like we worked harder than the others to be fair. And you're right, money doesn't lead to happiness. We were paid well, but at the same time, as another friend who is no longer in banking once put it, it's sort of like a trial by fire. Those who go through it have more respect for others who also go through it - and if you survive it shows you at least know how to work hard which is something you can take to other industries.
I have a number of friends who graduated presumably from your same school (didn't Trump's son study there as well? not sure which concentration he did). But yeah, just because you studied with a certain focus, doesn't mean you have to go into that focus to work. Finance skills are prized anywhere including strategy consulting - but I have a pretty elitist view of strat consultants many of whom outside of Bain/McK are less than rigorous/useful/valuable.
Also - given that I've met a number of people on this site who are at a similar point in their lives trying figure out what they want to do, you've got time to figure things out and even do-overs. There's nothing that says you can't just do more schooling after - though I think getting a finance concentration from that school will provide a strong basis for doing real estate, strat consulting or even finance (ibanking/buyside)... I wonder if you can audit a few of the real estate ones - but a lot of the ideas are probably similar or at least they build on finance ideas since ultimately it comes down to returns and what drives them.
I'm no longer in banking - left that a long time ago, but now working at my company (and a few startups). But yeah definitely do something you love and specialize at it. Personally, I find the world of startups fairly exciting given how new it is, and the opportunities out there. You can private message me if you want me to go into further detail. Parenthetically, this was a recent article on TechCrunch:
[url]http://techcrunch.com/2011/03/26/friends-don%E2%80%99t-let-friends-get-into-finance/[/url] (more with reference to the finance industry rather than studying finance)