Does Price business school at the undergrad level have the rep to get IB/PE positions in TX or NY. Looking on linkedin I see there are at least a handful that have done that, just wondering how far OU's reach goes and if it's somewhat comparable to UT, SMU, A&Ms clout in finance?
| +162 | The "Not So Obvious" things that get you a return offer? | 19 | 34m | |
| +90 | Is my life over after not getting GS? | 20 | 1h | |
| +61 | Best IB group on the Street | 26 | 5m | |
| +52 | BIG FOUR ARE PARADISE | 13 | 13h | |
| +46 | Thoughts and tips on how to speak like an investment banker. | 24 | 1h | |
| +41 | Tell me one good reason why Jefferies isn’t going to be a top bank in the next 5 years | 22 | 1h | |
| +36 | UBS Outlook | 28 | 22h | |
| +35 | Georgetown Placement for 2024 and 2025 | 21 | 6d | |
| +31 | Highest Paid Bankers in Toronto? | 50 | 1d | |
| +30 | How to deal with egotistical team? | 6 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
UT, SMU, and A&M all place way better than OU.
Nah, UT > A&M > OU > SMU.
You'll have an actual advantage for OKCity banking as well as somewhat presence in Texas/Colorado. OU has a HUGE network, finance is a bit lacking, but getting into something like Energy/Agri/Industrial related finance jobs shouldn't be a stretch.
It won't be easy, but it'll be better than say OSU/SMU type. I mean the school is playing Clemson to get into the BCS Bowl game this year. Football name goes a far way in the world.
Lol OU > SMU? SMU actually places well and has OCR.
Big claim coming from UTDFinanceGuy...
This is absolutely false. UT>SMU>A&M>>>OU
Also, you go to UTD... which is the definition of a non target.
SMU is > A&M only for Dallas. Overall A&M places better especially in Houston IB.
I'll agree SMU > OU for anything in Texas or NY, but OU does have an obvious presence in Oklahoma.
UTDallas places people in BB Investment Banking too, so yeah is it a non-target, yeah, but we have a higher average SAT/ACT score than McCombs for incoming freshmen and place pretty damn well. I decided to go work in startups out West instead of finance until MBA. Ping pong and polos for days.
Yeah just to point out if you look at my question I specifically asked about IB positions in TX or NY, I don't care anything about working in Oklahoma so if that's all OU can offer for the most part, definitely not worth it.
UTD: 1853 McCombs: 1361
However, isn't that because there's a difference in denominator? UTD: 1853/2400 McCombs: 1361/1600
I believe your creative use of figures gives you a very promising career in finance. Kudos!
http://www.utdallas.edu/counselors/docs/fastfacts.pdfv
You're using just McCombs, not all of UT. UTDallas and UT both share the same ACT average (28) with 75th at (31) and 25th at (25). I can't find the exact figures (they were in 2013 when I was on campus) where it showed UTDallas average SAT is 1860 and UT's average SAT was slightly less.
Not leaps and bounds, but the students at UTDallas are equivalent at least academically and scholastically as those at UT. I'll be honest I think we've dropped the ball in 2014/15 with our new ATEC program letting in slightly less academically and more varied peoples.
I'm talking specifically for IB/PE FO roles. I didn't even know OKC had any banking going on, are they BBs? Obviously the Texas schools place better as they have the energy finance center right there in state with Houston, even Dallas and maybe Austin a little have a finance presence as well. OU is not that far away from those hubs. Just wondering is it worth tuition at OU, if somebody really wants to study finance at the UG level and none of the Texas schools are an option. I mean I did look on linkedin and OU does have some people in NYC at BBs.
I mean I would go UT McCombs. Especially if you have to pay out of state tuition. I heard Arkansas does better than OU. I'm actually not sure about the #'s for BB in OKC but they have some MM/Boutiques (most boutiques). Houston and Dallas are the two hubs for IB/PE in Texas, in that order and its a HUGE gap between the two.
OU will place Dallas better than Houston (since A&M, UT, Rice, LSU, Tulane, etc) all are trying to get into Houston IB. General consensus just get into the best school you can, if you want NY best school in the NE. If you want to go to the South go to UT/A&M/Vandy/and another one I can't think of.
OU will be a gamble.
I would have to do the Econ-MSF path at UT to have access to McCombs, I'm really considering it, but I really don't like economics at all, I have too many credits to get into A&M Mays for a BBA there, and the private schools here in Texas like Baylor, Rice, TCU, SMU are waay too expensive to be viable options. It really would not be that hard for me to get in state tuition at OU or LSU, that's why I was asking. But do people really make it to IB/PE from LSU, I don't know anybody personally that has done that and I haven't even heard of it before. It's true, Texas really takes care of it's own schools when it comes to most of those high finance placements in Houston and Dallas. And give me some info on Arkansas if got it, I was under the impression that it was an even lower ranked school and business program thn OU which would make it extremely difficult to get a IB/PE offer. Does Arkansas, OU, or LSU have any OCR? How do those people get IB/PE positions in Texas?
SMU definitely places way better than OU. It'll be a steep uphill battle to get into IB from OU or LSU or Arkansas. Coming from UT non McCombs would be easier than those 3.
UTDFinanceGuy has no idea what he's talking about. No respectable boutique is located in OKC.. I mean the first result on google is a muni boutique doing $1.7mm issues.. my bank makes more than that in fees on a given deal. We have never looked at anyone from OU (or UTD from that matter either).
LSU has sent a few to Houston banking. Arkansas maybe Stephens?
I didn't say they were great boutiques. But there are plenty of smaller shops. I specifically said that he shouldn't go to OU if his main goal is IB/PE at above a respectable institution. Its for sure not a sure shot at all. But its possible.
Not in Dallas/Houston, SMU practically locks up Dallas with McCombs throwing up people who want to be in Dallas. SMU even sends people above and beyond to NY, they have a great network. OU is better in terms of if you want to work in Tulsa or OKC. But once again, its not a sure shot.
No, it is not worth the money to go to OU if you want to do banking. Sure, there are a handful of people that make it, but it's a lot of luck and even more having an inside connection where it doesn't matter what school you go to.
If you want to do banking in Texas, either suck it up and do Econ at UT (if you hate econ, are you sure banking is what you want to do?) or take out the loans to pay for Rice/SMU/Baylor. If you get into banking, you'll be able to afford it. If you go to OU and get a finance degree, odds are you wind up in public accounting or some back office finance roll with next to no shot of getting into banking until you get your MBA.
There are exactly 0 BBs and 0 EBs in Oklahoma. I don't know of any middle market banks either. There is simply not enough deal flow in OKC or Tulsa to justify the cost of a separate office when the OK market can be served by day trips from Dallas and Houston. BOKF does muni issues, yippy. There are a handful of PE shops in OK, but they are very small and generally a family fund. Good luck getting in there without a serious connection.
PM me if you want to know more. I was born and raised in OKC and am very familiar with the market.
Thanks for the info everybody. It's not that I hate economics per se, i just feel studying finance would be more marketable, relevant, and would keep my interest more. Why waste your brain power studying all the intricacies of game theory which has nothing or very little to do with IB/PE, when you can take actual courses in banking and PE that will be relevant to your job with a finance major. But actually having OCR at UT even without a BBA major trumps studying finance and going to a school with no access to the IB/PE pipeline. Is it worth going to somewhere like LSU or UGA for finance? People have said LSU has people that make it to Houston IB, do they have a handful that even make it to NYC like at UT? Only reason I'm mentioning public schools in the South is because I feel I can get in-state tuition or establish residency in another southern state if I leave Texas and save a ton of money. The elite private schools here in the South or NE are either out of my price range or they usually only have the theoretical liberal arts economics majors for people interested in IB/PE not the more pre-professional BBA finance/business majors which I prefer.
He's using McCombs because that's the statistic you compared UTD to.
The experience and social aspect of UT far outweigh anything at UTD, as well as network. Especially in finance. Period. Also I know people at both schools and if you had to generalize the type of person, it would be:
UT: fun, outgoing, work hard - play hard type UTD: study all the time and live at a "campus apartment" and don't really do anything
I was a shit HS student and I got a full ride to UTD. No financial aid necessary, just a shit HS student.
Minima nulla nisi eum officiis animi qui. Accusantium non ipsa a soluta nam ad ipsam. Possimus dolorem sed perferendis eaque harum. Officiis et eius accusantium accusantium ut tempora eos. Adipisci possimus magni fugit aliquam et quibusdam voluptate. Sapiente iusto quasi reprehenderit nihil similique.
Exercitationem quis veritatis optio aliquid. Atque labore ullam quia. Ut nostrum veritatis enim sed. Voluptates ut repudiandae ut numquam. Rerum in magni est debitis. Laborum tempore nostrum ut ad eos voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...