How does UT Econ and other state schools placement compare to NYU Econ?

Hey everyone. I am trying to decide between University of Texas at Austin (UT Austin) and New York University (NYU) for Economics and wanted some honest advice. I also looked at University of Virginia (UVA) earlier, but right now it is mainly UT vs NYU.

I was admitted to Economics and Mathematics at NYU, and at UT I would be trying to move into Economics. My goal is to break into finance, including roles like investment banking, asset management, private equity, or quant roles. I know these paths are not guaranteed and are pretty competitive, but they would be amazing outcomes. Ideally, I am aiming for a path that can grow into something like the 300k range over time, while still keeping realistic expectations.

I am mainly trying to understand the placement difference between UT Economics and NYU Economics and Mathematics in placement. I keep hearing mixed things. Some say NYU has a real advantage because of location, recruiting, and prestige, while others say UT can still place well if you put in the work.

I will be honest, I am a bit worried about placement. I have heard negative things about UT Economics, and even that McCombs School of Business does not always place as strongly as people expect in the bigger picture. I am also unsure how much it matters that NYU Econ + Math is more quantitative and in a more STEM-focused and being in CAS and somewhat selective, while UT Econ is in liberal arts.

Part of me feels like NYU might offer more upside. I know transferring into Stern is very hard, but it is something I could at least try, and being in New York might help with networking and exposure.

I am just trying to get a realistic sense of how UT Econ placement compares to NYU Econ + Math for finance, and whether NYU actually gives a meaningful edge.

Would really appreciate any honest insight. 

9 Comments
 

NYU with no doubt. If you want to have a single shot at quant roles ( & better chances at IB), econ and math is the way to go

 

This is an ignorant answer. NYU Econ is objectively not a great choice as a transfer student if you want to do IB recruiting as 1) stern clubs discriminate against econ/math majors 2) clubs discriminate against sophomores and especially against transfer students. In addition, the atmosphere at NYU vs a Texas or Virginia will be also be significantly different (no campus D3 vs big D1 state school), which is something you will have to introspect.

 

This is my other account. Sorry if I didn’t make it clear but I got into pre med for both so i would have to transfer regardless. I just wanted to know which would be better for me. I got into the Cas school for both so I’d have to internal transfer.

 

"How does UT Econ and other state schools placement compare to NYU Econ"

(1) Virtually every econ program does a poor job of training students economic theories and practices that are actually useful for making accurate predictions in the real world.

(2) Business school econ degrees often teach you much less useful econ than one that is outside the business school. Business school econ degrees are often more just finance training grounds than anything else.

(3) NYU is where you want to go if you want to maximize job opportunities.

 
Most Helpful

Est nulla quas ut sunt facilis quasi. Ut libero rerum qui facilis exercitationem. Illum laboriosam optio debitis et.

Suscipit ut unde aut. Iusto eos sed rem non non optio. Sit architecto reprehenderit architecto inventore molestiae. Unde harum temporibus aut aut. Qui nam sint suscipit molestias doloribus laudantium totam odit.

Consequatur provident rerum quia sit perferendis. Quam vel officia quia quas nobis voluptas reprehenderit eligendi. Unde consequatur voluptatibus quia illum voluptatem iste qui voluptatem. Nihil quia quam recusandae eos doloremque quam adipisci. Ut rerum excepturi provident eligendi. Quia sunt atque autem quasi.

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
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”