Between a Rock and a Hard Place - Transfer Advice!

Hey everyone, I need some advice on whether I should transfer.

A little background about myself:

School: University of Alabama at Birmingham (known for their medical program)

Major: Finance

Classification: Freshman

GPA: 4.0 (projected to be a 3.9 or remain a 4.0 after this semester)

Orgs/Extracurriculars: Financial Management Association, Industry Analyst at my schools student run investment fund ($750k portfolio), Beta Alpha Psi (Co-ed professional business frat), USGA (apart of the Freshman branch)

I decided to go here because I thought being in a metropolitan city like Birmingham would give me a leverage in terms of networking but I now realize it may not work in the long run. 

Lately, I have been thinking about transferring back home and going to The University of Alabama. I know some people on this forum have written about SEC schools, specifically Alabama. I know they have everything (in terms of orgs) that the University of Alabama at Birmingham has plus a lot more. Ive seen where they place members of their Investment Banking Academy (GS, MS, JPM, Deutsche, Point 72, UBS, Lazard, CS, etc) so I think I'll have a better chance there. I noticed that a lot of the people in the Academy double majored in Finance and Econ, should I do this too? or Finance and Accounting?

Should I just transfer to better my chances? Also, should I double major? (I know I will have to network and keep my GPA up)

1 Comments
 

Vel reiciendis quasi consequatur ipsa eveniet. Vitae voluptas eligendi voluptas soluta rerum velit.

Illum voluptatum sequi est alias. Dignissimos perspiciatis magni ipsam cum dolor earum excepturi culpa. Molestias quisquam soluta qui voluptatem eaque omnis quos sint. Rerum quia repellendus voluptas quaerat occaecati in enim.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”