College Decision for IB

Del del del
TLDR: Which university do I choose?

UK: UCL Economics
US: UMich Ross & Northwestern Weinberg
Canada: Western Ivey AEO & UofT Rotman Commerce
Italy: Bocconi BIEF

No financial aid at any of these, and am full-pay.

2 Comments
 

Based on the most helpful WSO content, here's a breakdown of your options and considerations:

United States: UMich Ross vs. Northwestern Weinberg

  • UMich Ross: A well-established IB feeder, but as you mentioned, heavily reliant on club-based recruiting (e.g., MII, GIC, Apex). If you don't secure a spot in these clubs, your chances for top IB roles could diminish. However, Ross has a strong alumni network and solid placement in IB, especially in the Midwest and East Coast.
  • Northwestern Weinberg: While not traditionally as strong as Ross for IB, Northwestern has been gaining traction recently, particularly with the NUIBC. The 20% acceptance rate for NUIBC is competitive, but the school's overall prestige and growing IB presence make it a viable option. Northwestern also offers flexibility if you decide to pivot to other fields like consulting or VC.

Verdict: If you're confident in your ability to secure a top club at Ross, it might edge out Northwestern for IB. However, Northwestern's growing reputation and broader prestige make it a safer bet if you're concerned about striking out.

United Kingdom: UCL Economics vs. LSE/Imperial (Pending)

  • UCL Economics: A solid target in the UK, but not as strong as LSE or Imperial for IB. UCL places decently in London IB roles, but it may not carry the same weight internationally.
  • LSE/Imperial EFDS: If you get into LSE, it should be your top choice in the UK. LSE is the premier IB feeder in the region, with unparalleled placement in London and strong global recognition. Imperial EFDS is also a strong program, particularly for quantitative roles, but LSE has the edge for traditional IB.

Verdict: If you get into LSE, it should be your top UK choice. Otherwise, UCL is a solid backup.

Canada: Western Ivey AEO vs. UofT Rotman

  • Western Ivey AEO: The clear leader in Canada for IB placement. While its US placements have declined slightly, it remains the top choice for Canadian IB roles. The HBA program's case-based learning is highly regarded, and its alumni network is strong in Canada.
  • UofT Rotman: While UofT has a strong brand name, its IB placement is weaker compared to Ivey. Rotman is better suited for those targeting broader finance roles or staying in Toronto.

Verdict: Western Ivey is the better choice for IB in Canada, especially if you're open to working in Canadian IB.

Italy: Bocconi BIEF

  • Bocconi is a strong name in Europe, particularly for IB roles in Milan and London. However, as you noted, language barriers can be a significant hurdle. Without fluency in Italian, your opportunities in local roles may be limited. Bocconi's placement in London IB is decent, but it doesn't match LSE or Imperial.

Verdict: Bocconi is a good option if you're targeting Europe, but the language barrier and its lower prestige compared to LSE make it less ideal.

Key Considerations

  1. Visa Issues: The US offers the best opportunities for IB, but the H1B visa remains a significant risk. If you're not confident about navigating the visa process, the UK (LSE) or Canada (Ivey) might be safer bets.
  2. ROI: Given your financial situation, focus on the school that maximizes your chances of breaking into IB. Ross, Northwestern, LSE, and Ivey all offer strong ROI, but LSE and Ivey might provide more certainty in terms of placement.
  3. Personal Fit: Consider where you'll thrive academically and socially. A high GPA is crucial for IB recruiting, so choose a school where you can excel.

Final Recommendation

  1. If you get into LSE: Choose LSE. It offers the best combination of IB placement, global recognition, and visa certainty.
  2. If LSE is not an option:
    • For the US: Northwestern Weinberg (safer bet than Ross if you're concerned about club-based recruiting).
    • For Canada: Western Ivey (best for Canadian IB).
    • For Europe: Bocconi (if you're targeting London IB and can overcome the language barrier).

Good luck with your decision!

Sources: UVA or Cornell?, Comprehensive List of Target Schools for Investment Banking, UK Target Universities Discussion Thread, LBS vs UCL vs Imperial for IB, https://www.wallstreetoasis.com/forum/investment-banking/should-i-do-a-phd-at-an-ultra-target-university-if-i-want-to-be-an-ib?customgpt=1

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

Sint recusandae aut mollitia ex in et officia. Temporibus consequatur veritatis quas ullam.

Hic qui voluptatem temporibus ratione. Enim itaque odit sit et. Voluptas ut omnis officiis libero.

Voluptatem sint cupiditate repellendus voluptatum repellat. Molestiae quaerat assumenda maiores vero aut. Incidunt consequatur porro aperiam doloremque quia quidem sequi. Necessitatibus quis nihil culpa doloremque pariatur id. Quia itaque occaecati nobis facilis vel et quod. Voluptatem aut voluptas neque ex possimus quibusdam sunt.

Career Advancement Opportunities

November 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

November 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

November 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

November 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

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...”