IU Kelley+Honors College Vs. UT Austin McCombs For NYC MBB Recruiting

Which one would I be better off at hypothetically? At Indiana I could double or triple major and pick up Finance, Management, and Business Analytics as majors while at UT's BBA program, I would have to choose one major. Which scenario is better for MBB in NYC assuming I maintain a high GPA and have good extracurriculars.

 
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Both options are going to be pretty big uphill battles to make it to MBB in NYC. I don't have in-depth knowledge of which MBBs are going to recruit on campus at these schools, but if there is any, it would likely be for regional offices (e.g. Chicago for IU and Houston/other Texas/West Coast for UT). I think both schools (at least Kelley in IU) are pretty strong, so that is a tossup. I wouldn't worry about what majors you can/can't have, because the limiting factors are going to be...

1) Which MBB recruit on campus. You may be able to land a regional office MBB internship and parlay that into a full-time offer for the NYC office. That is a pretty reasonable path.

2) For the MBB that don't recruit on campus, you should do a LinkedIn scan to see if either school has notably more alumni. These folks will be able to go to bat for you to get an interview. Since you will be going through the non-core process you will probably be able to apply directly to the NYC office. It might help to have the alumni specifically in NYC, but that is somewhat dependent on the recruiting structures of each MBB (nationalized non-core recruiting vs. non-core recruiting for a specific office).

So in terms of next steps, I would try to suss out two things. First, which MBB actually do recruit on campus. You should be able to get a sense of this from the schools' websites. Second, do the LinkedIn scan to check whether one school has significantly more NYC MBB alumni that the other.

At the end of the day, my gut tells me that you won't find significant differences between the schools across the dimensions listed above. Both schools are awesome and you will have a ton of fun at either. Go check out the campuses and get a sense of which you will enjoy more. A happy student is a student more likely to succeed. Fit should not be overlooked.

 

Thank you so much for the advice, it is extremely helpful as I make this huge decision. I also 100% agree that fit cannot be ignored and believe that people too often focus on prestige on this site.

Also, I love the Always Sunny reference in your username.

 

I'd go UT McCombs barring any personal/geographic considerations. I understand that McK does recruit there, not sure about others. Also just seems like a stronger school which makes it a better hedge if you decide to recruit for other opportunities or transfer to a more traditional semi-target after year one (which I wouldn't rule out -- not hard at all to get to a UVA McIntire/Duke/Cornell level school after a year at UT)

 

To shed some light, McCombs has on-campus recruiting for Bain and BCG as well as McKinsey. Recruiting is almost always for the firm’s Dallas/Houston offices and I haven’t heard of anyone going directly to NY. The number of interns/FT fluctuates each year, but it’s roughly 2-3 inters per firm (6-9 MBB total) and then a handfull of additions for FT. There is a McCombs org called MCA (Managment Consulting Association) that helps students prepare for the recruiting process. However, it seems like consulting recruiting is more variable/random than IB with strong candidates on paper striking out. This may just be due to the limited amount of MC firms compared to IB firms. I personally didn’t recruit consulting but have see friends go through the process.

 

Not sure what the Honors College at IU offers, but know of someone who is in their business honors program and got some good opportunities from it. When going to a big school having some sort of preferential treatment or being in an honors program is very helpful, if not for anything else than your college experience

 

I'll agree. Kelley's undergrad program is very strong...for FINANCE because their investment banking workshop has an almost street-wide reputation across the street for putting out analysts who are extremely well prepared for the job.

It does not have any such program nor such a reputation in consulting. Furthermore I haven't seen a lot of Kelley alumni in consulting jobs here (although I have seen quite a few at finance related networking).

My advice is go to one and focus on regional recruiting. They'll get you in to the regional offices and afterwards it's almost trivially easy to move geographically.

Second question: why NYC? You'll be there two nights a week in MBB consulting if that. It doesn't matter as much as you think it does unless there's a family connection.

 

Thank you for this perspective on the Kelley academic programs. I know Kelley has a consulting workshop but I am not sure if it is as well regarded as the investment banking workshop.

Also, the reason I want to go to NYC is that that is my home town and I have always planned to move back there after graduation.

 

What people need to understand about McCombs is that its OCR is absurdly strong due to the business activity in Texas. Everyone recruits from UT, and the few banks that don't you can easily finesse if you do Wall Street for McCombs / are somewhat of a standout. McCombs > IU no question.

 

I got you bro, I went IU and I haven’t regretted it for a second. Kelley has phenomenal programs and a level of competition that most on this site sleep on. I could not imagine going anywhere else and would recommend Kelley to anyone who wants to get into finance. The only thing is, if you want to succeed here and get into the right organizations you really need to know your shit from day one.

 

That’s awesome. I went to DA day and loved it but I have been worried about passing up UT BHP.

I’m about 90% sure right now. Any advice for me for day one? I don’t know anyone at IU so will have to get connected fast.

Thanks for your advice!

 

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