18 Comments
 
Best Response

1) Unless it has changed, you can't graduate from the economics program with a "minor in finance". Econ is in the College of Liberal Arts and Finance is in the McCombs School. They're two totally different colleges within the university and as an econ major you will at most be allowed to take some watered down McCombs courses.

2) Do everything in your power to transfer to McCombs. The career services office and resources are phenomenal. The liberal arts career services office is a joke.

3) Regardless of whether you get into McCombs or not, you should reach out to recent alums who work in equity research and network with them. There are also student clubs that you can join (finance association, investors association) that will help you make these connections.

4) You absolutely have a shot. You need to keep your grades up (>3.5 GPA), network, and land a legitimate internship at some point in your next three years. Once you get a name brand internship the doors really open up.

 

That's great news if they changed it. You should absolutely push to get into McCombs though. The real power of McCombs is the career services office where all the top firms come to recruit. Ask a friend at McCombs to print out the list of FT job openings and compare that to the listings at the liberal arts career services center. You'll be shocked.

 

Yes, if you drive 3 hours north to DFW you will noticed that most individuals in PE and IB come from SMU, UT Austin, T A&M, Baylor, and TCU. Check LinkedIn, there is a good presence in the industry.

 
initialandrew

I was in the UT MBA program and I can tell you that all the firms come to campus for us although MBB placement is pretty low compared to the Oliver Wyman/Deloitte/etc. Deloitte especially loves McCombs.

Here 21% of students surveyed go consulting

http://www.mccombs.utexas.edu/BBA/Career-Services/...

Thanks. Do you have the ballpark numbers, say, how many UT undergraduate kids get hired by MBB, OW, and Deloitte in a typical year?

 

I am just trying to research more about Texas schools and how good they are with financial job placement for a relative of mine who lives in Texas.

 

Should be noted that consulting is a huge catch-all term. The numbers for strategy are lower. Lots of IT consulting in Austin.

Listen, here's the thing. If you can't spot the sucker in the first half hour at the table, then you are the sucker.
 

Nam fugit adipisci dicta esse voluptatem. Nulla ex dolorem sed odit culpa provident. Non repellat dolore tenetur et quia enim. Non ratione asperiores esse fuga et eum. Accusamus omnis est ea.

Atque qui quia autem qui quia. Ea qui consequatur dolor fugiat voluptas quidem molestiae. Ex nihil vel quam voluptatem iure. Maxime sit officia qui ex enim tempora ut. Incidunt qui et voluptatem tenetur eos ipsam sit modi. Culpa incidunt fugiat numquam quaerat et sit adipisci porro. Explicabo iste aliquid voluptas sit cum qui.

Laboriosam doloremque eveniet possimus aut voluptates. Ipsa nihil sed aut. Quam vitae nihil ut.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”