Econ at Umich or possibility of McCombs?
Hello, I am a senior in high school that was accepted into both Umich and UT Austin, but not their business schools. I want to go into investment banking, so I would try to join all the clubs at Ross and pursue a minor there. For Texas, I would try to transfer to the business school, which probably will be successful because I am coming in with 30 credits, so I don't have to take the weed-out courses. I am also from New York, so I would like to live here post-grad. Overall I'm 50-50, but I like the feel of Umich more. I know I will be competing with the Ross kids, but because I live in New York I can get a reference for a few BBs.
Oh, also forgot to say I got into Wake Forest, so I could do finance there too.
Michigan by a mile. It’s more prestigious, and is known as one of the top non-Ivy target schools. UT-Austin only places because of its massive size (larger than Michigan by about 10,000 students), and even then, just because of all the intense competition inside McCombs. I’d major in Economics or something else quantitative if you’re dead set on finance and join relevant clubs/potentially transfer into Ross. From an opportunity standpoint, you can’t go wrong by going to Michigan.
Second this
Would you recommend UMich Econ or IU kelly. Not sure if I want to pursue IB or consulting yet but definitely high finance.
Michigan 11/10 times. It’s actually prestigious, and places lights out if you know your shit. Don’t waste time on Kelley.
Was in Econ at Michigan. Since you know you want to do IB already, landing a job will be very feasible, especially if you join good business / finance clubs and keep your GPA up. I found the disparity between Ross / Econ students making it into IB was mostly due to Ross students knowing what career track they wanted earlier on while having more support from the school in navigating recruiting in general. For the econ students who knew they wanted IB / Consulting in Freshman / early Sophomore year, there wasn’t much of a difference.
"I would try to transfer to the business school, which probably will be successful"
Lol. As someone familiar with UT, you are unlikely to be successful with an internal transfer. The sheer number of kids who want to transfer into McCombs is crazy, and having taken a few AP classes is the standard. If you couldn't make it into McCombs as a freshman applicant it is incredibly unlikely that you would be able to transfer, where the bar is even higher.
I would go Mich. You'd be paying OOS tuition in either case anyways
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