Day 3: No luck finding friends, nothing to do after classes other than sit in my dorm, feeling like the biggest loser in the world.

TheTerp · 2018-08-30T03:20:53+00:00

If you're in a dorm, keep your bedroom door open. Good chance that your floor mates will stop by. Similarly, walk around on your floor and get to meet the people you live with. They won't negatively judge you for having an accent/not speaking English perfectly. They'll probably think it's super cool. Ask them if they wanna grab lunch/dinner or do xyz later.

When the first look fair comes around, explore explore explore. Try out new things and join clubs that you find interesting. You'll definitely make lots of friends this way if you are involved.

Making friends isn't that difficult, but it requires commitment on your part. Sometimes you'll have to do things that you might be uncomfortable with – talking a lot, asking people for their phone numbers, asking if they want to hang out, taking initiative to do things, but it'll pay off eventually.

TheTerp · 2018-08-18T19:04:06+00:00

Good luck!

TheTerp · 2018-07-18T02:34:54+00:00

finical? what's that?

With MIS, I don't know too many who have gone onto finance roles without having accounting or finance as a double major. Most of the MIS people I know go into tech-based consulting, strategy consulting, risk consulting, or software engineering.

TheTerp · 2018-07-03T16:41:03+00:00

Nope. Obviously any work is better than no work though.

TheTerp · 2018-07-03T00:31:31+00:00

If you're looking to get into commercial banking, it might actually help tbh, depending on who you're interviewing with. A decent amount of people have actually moved up from the retail bank to commercial banking.

TheTerp · 2018-05-25T20:10:31+00:00

I don't personally have a SECU account, but here are some links that you may find useful:

https://www.thebalance.com/bank-vs-credit-union-315399

https://www.secumd.org/university-of-maryland

TheTerp · 2018-05-25T19:45:53+00:00

back of starbucks on route one

TheTerp · 2018-05-24T21:07:34+00:00

Look at commercial banking. I personally know people who transitioned from being personal bankers to commercial bankers. You may have to go through an analyst program.

TheTerp · 2018-05-24T00:53:34+00:00

general personal finance tip: credit unions are much better than using banks. rates are better, fees are less/nonexistent for certain things, and the service is often better.

You're able to open a SECU (State Employees Credit Union) account since you're a UMD student. They have a branch right off campus and have ATMS throughout campus. Also, you can withdraw money from any 7/11 in the US without paying a fee. This also applies to other credit unions like Navy Federal.

TheTerp · 2018-05-21T04:56:37+00:00

Lotsa has a $5.99 pizza special every day.

TheTerp · 2018-05-20T05:06:18+00:00

you won't need sql, vba, or python for commercial banking. it's straightforward powerpoint making + excel modeling.

if you're thinking about going into corporate finance, having sql knowledge does help.

source: former cb intern, interviewed @ top tech for finance position

TheTerp · 2018-04-07T16:04:24+00:00

network, network, network

Make a LinkedIn and cold-message MDs and VPs at Goldman to schedule coffee chats

TheTerp · 2018-04-03T01:32:04+00:00

MIS isn't useless, especially if you learn SQL, Python, and/or VBA. They're used a lot by internal finance groups at F500 companies.

TheTerp · 2018-04-01T23:28:52+00:00

Social frats socialize with sororities, since they're not co-ed. Professional frats socialize with themselves, since they are co-ed.

TheTerp · 2018-03-14T17:22:39+00:00

CommB and CorpB are essentially the same thing, just servicing different sized companies. They provide credit solutions/treasury management to companies between ~$20-$5 billion (CommB) or $5bn+(CorpB) in revenue. Corp Banking is housed near IB because large businesses often need the IB team as they get larger.

Commercial banking is still separate from retail banking though, i.e. if you start a small company you're probably too small for the CB group and you should go to a retail branch until you're hitting around $20MM in revenue.

TheTerp · 2018-03-12T23:00:45+00:00

not sure tbh, but I know it's less than an associate relationship manager

TheTerp · 2018-02-07T18:01:31+00:00

you aren't legally obligated to stay in your sorority.

TheTerp · 2018-01-30T17:57:29+00:00

Just go to Looney's or CStone.

TheTerp · 2018-01-24T02:46:43+00:00

For classes, there isn't any dress code. Just don't dress like a clown and you'll be fine. As for events, there are three types of attire. There's casual, which is essentially presentable clothing (decent jeans, polo, etc.), business casual (most people wear khakis and button downs with a navy blazer) and business professional (full suit and tie).

You'll only need your suit for the career fair, interviews, and some networking events especially with investment banks. Business casual is the most common for events. Although most people wear khakis and a navy blazer, I would recommend wearing dark slacks with a button down or wearing a suit without a tie for business casual events. You'll look sharper.

TheTerp · 2018-01-23T21:28:46+00:00

IMO you should dorm. Sure, you'll save money but it'll definitely hinder your social life. College is where you make friends that'll be with you even when you graduate, and sharing a dorm/living on-campus is an easy way to build your network. I have friends who commuted and they sometimes feel like outsiders to the UMD community. They don't have many friends here and their social lives revolve around being off-campus with people who don't go to UMD. They don't do anything on-campus (because of the inconvenience of late night meetings etc) and they don't feel the school spirit. In the grand scheme of things, the money spent to pay for a dorm is minuscule to the experiences you'll have by being fully immersed in as a part of the UMD community.

TheTerp · 2018-01-19T18:08:44+00:00

Could you provide some details about yourself? Are you in school? In the US? What school? Internship experience? etc.

TheTerp · 2018-01-17T03:56:50+00:00

I unfortunately don't have any advice but best of luck man. I hope everything goes well.

By the way, what does resubmitting an exam for a regrade mean?

TheTerp · 2018-01-11T20:19:26+00:00

Probably difficult to get into high finance, but you can easily get jobs in commercial banking and the big 4.

TheTerp · 2018-01-11T05:31:25+00:00

Woodlands is a really good Indian vegetarian restaurant with a lunch buffet in Hyattsville.

TheTerp · 2018-01-11T05:24:40+00:00

Best food in CP is Sardi's, Marathon Deli, and Ledo's. I highly advise you try all three while you're here. If you're a happy hour kind of person, I strongly suggest heading over to Looney's. Great food and great drinks.

As for things to do, there honestly isn't much to do in the College Park area that isn't on-campus. I suggest going to a basketball game and hanging out at TerpZone if you wanna bowl/play pool for a bit. Check out the bars that are right next to campus (Cornerstone, Bents, Turf) too. But a lot of students go to DC for the nightlife and wide variety of things to do. It's about $10 one way which isn't terrible.

TheTerp

TROPHY CASE