10 Comments
 

They'll be pretty close. USC's got the proximity and strong alumni association. Cal's alumni association might be strong at their business school and not so much at the Econ dept, though plenty of strong Econ students get banking jobs at bulge brackets.

But in terms of cost, especially if you're a CA resident, Cal wins hands down. USC is ridiculous.

 
midnight_oilThey'll be pretty close. USC's got the proximity and strong alumni association. Cal's alumni association might be strong at their business school and not so much at the Econ dept, though plenty of strong Econ students get banking jobs at bulge brackets.

But in terms of cost, especially if you're a CA resident, Cal wins hands down. USC is ridiculous.

I think cost evens out if you're moving to Berkeley. Rent is incredibly expensive. So regardless of cost, which would you suggest?
 

If you live at home in LA and commute to USC, then sure, it evens out, but if you pay for your rooms, Cal has to be the cheaper choice. It's a public school, and I know costs have been going up recently, but not nearly to USC's levels.

I think Berkeley is ranked higher than USC in almost every reputational department, so I'd pick it. USC places relatively well into i-banking too (especially out of Marshall), and may be a more logical choice for SoCal, but contrary to what LAWM said, plenty of Cal students find jobs in SoCal. Half of students at Berkeley are from Southern California, so it makes sense for some of them to want to return to work in LA.

 

Why are you doing Econ at USC? Why not Marshall? Give us some more background... Are you a college senior? Or a transfer student?

If you want to be in LA, your best bet is USC obviously. You can network with the guys in LA at all the networking/info sessions SC has. If you have a 3.7+ you can easily land a gig at a top firm with the right networking/resume/interview skills. SC dominated the summer analysts in LA throughout all the BB's (mostly including BarCap, UBS, and MS)

-- "Those who say don't know, and those who know don't say."
 

If you wanna stay in Southern California, then listen to people's opinions above. Otherwise, Cal. No doubt.

 

Doloremque est est molestiae sed neque dignissimos. Et aperiam nobis nihil labore saepe consequatur accusamus quos. Velit sit est ut explicabo architecto. Reiciendis officiis aut est perferendis totam quibusdam consequatur. Nulla nostrum quidem temporibus commodi ipsum odio. Voluptatibus quos magni asperiores ut. Aut aspernatur fugit rerum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
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...”