(AUS) I am considering transferring from Commerce/Law at USYD.

Based on the most helpful WSO content, here's what you need to know:

1. Commerce/Law vs. BAFE for Investment Banking:

   • Commerce/Law is indeed a traditional and respected pathway into Investment Banking in Australia, particularly because of the prestige associated with law degrees and the analytical skills they develop. However, if you're not enjoying the law component, it might be challenging to sustain motivation over the long term.
   • The BAFE (Bachelor of Advanced Finance and Economics) at UQ is highly regarded for finance-specific careers. It is tailored for students aiming for roles in high finance, including Investment Banking, and offers a focused curriculum that aligns with your career goals.

2. Impact of Transferring:

   • Transferring to a finance-specific degree like BAFE is not necessarily a disadvantage. What matters most is excelling academically, building a strong network, and gaining relevant experience (e.g., internships, finance clubs, case competitions).
   • UQ has a solid reputation in finance, and its alumni network can be leveraged for opportunities in Investment Banking. However, Sydney-based universities like USYD and UNSW might have a slight edge in terms of proximity to major financial hubs and networking opportunities in Sydney.

3. Residential College Experience:

   • Moving to a residential college at UQ could provide a supportive environment and help you build a new network. This can be particularly beneficial if you're seeking independence and a fresh start.

4. Key Considerations:

   • If you decide to transfer, ensure you maintain a strong GPA and actively participate in finance-related extracurriculars (e.g., investment clubs, networking events).
   • Consider the long-term implications of your decision. While BAFE is finance-focused, the versatility of a Commerce/Law degree might offer broader career options if you decide to pivot later.

Ultimately, the decision should align with your personal happiness and career aspirations. If you're confident that finance is your passion and you're not enjoying law, transferring to BAFE could be a strategic move. Just ensure you remain proactive in networking and gaining relevant experience to maximize your chances in Investment Banking.

Sources: Big Law (M&A) to IBD Associate, Affordability vs Better Opportunities, Banking to Law?