https://www.linkedin.com/feed/update/urn:li:activity:738317441079241523…
110+ students interning in NYC IB/HF/PE out of UT Austin next summer. Pretty insane numbers, whatever they’re doing is working.
Is Texas now the best state school to recruit out of (above Michigan/UVA/etc)?
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No, and congrats on UT
Idk wtf kids are doing at UT Austin but every year these under qualified kids end up with insane placement. It makes sense that the kids from Wharton or Harvard get their CAP or academy seat when they don’t know shit cuz everyone in finance is a whore for pedigree but I’m just so impressed that these kids are able to get solid seats from a (relatively) no name school without the acumen to back it up.
Stop glazing.
So true. Only people that are in investment team are competent
No
Hahahahahahahahahahaah
No
Deleted
It’s honestly bizarre how UT is striving so hard to garner mainstream IB recognition (because they already have it)!
The McCombs and finance club messaging the past few years has been to abandon DAL/HOU legacy placements and go NYC or bust. Look at any recent O&G analyst class. Way lower longhorns per capita than you’d expect.
I think UT is a good school and wouldn't ding a kid because of it, but my IB class of 100+ had like one UT kid. I doubt they have that many unless you're considering every boutique/regional broker dealer under the sun. Lots of people jerking the school off in the comments.
They all have long horns for the longhorns.
I'll show myself out
helped by the loads of rich parents sending their kids down to austin for the football/frats/beer. More kids with nepo connections help boost those numbers up. Admin putting a ton of money into it doesn't hurt either. doesnt change the fact that UT austin still isnt that great of a school compared to the cal schools/mich/uva
Inaccurate analysis on all fronts.
Very true, UT attracts a lot more nepos recently since they can save money by going to school in the south. That’s kind of also how pipelines get built though, similar trend at SMU. Regardless I agree it isn’t always as academically rigorous as UVA/UCB
This is straight up not true:SMU has way more nepo types (esp in Houston O&G), and UT McCombs has gotten way harder to get into.
Dude this is from someone who recently went to UT. Way more nepos coming down there now (relatively more at SMU sure). Even the kids in the top finance clubs like WSFM/TUIT come from the kind of backgrounds that would have historically been at Ivies. I’m not saying the school is bad but it reflects that top privates have gotten harder to get into and UT is wooing these folks with a cheaper education/more “fun culture” which is valid but it doesn’t mean the school has fully transformed yet. Bit by bit it surely will. UT also farms applications like crazy and acceptance rate doesn’t indicate that much, NEU had a sub 10% acceptance rate but is ass
The program run by that professor usually takes bunch of DEI kids. And he was working in finance. So yeah lol. 80% of them are diversity kids with no true technical skills. Some of them even get asked what’s the 10 year bond rate and she answered 20%. She went to BB or MM in nyc eventually.
wrong lol, he prioritizes athletes and hardos. take that as you will
Funny as hell. Look at the ratio then you’ll know, freshman. Nearly all of them are Hispanic. For sure they are hardos from investment team, nepos, and athletes. But a huge pool of them are incompetent dei kids, especially the mccombs success scholar whatever they called.
If you're going to lie, at least have the facts straight.
Major DEI for frat and sorority people since the professor HEAVILY favors them and doesn't care if they don't know shit or aren't as polished. This explains the immense amount of sorority girls who have no relevant experience that sail through the program and eventually land roles in nyc.
The remaining spots typically go to kids who were in adjacent investment clubs, which makes sense. Didn't realize "bunch of DEI kids" meant a sea of saltine crackers lol.
the frat/sorority ones are the nepos I'm talking about - second/third degree connections with these kids and they're out of state from NY or the South, parents tend to be in finance, and their frats toss around 6 figure social budgets each sem. So the DEI is a lot of blond girls yes since their parents "know" (read: donated a bunch to UT NIL fund) as well as some legit DEI then they stuff the program's kids down BBs throat.
Heard from a friend that the MBA program placed guys into Moelis, Evercore, J.P Morgan, Barcalys and alot more BB. Argued that the success rate was higher than Wharton or CBS on a marginal basis which I kinda buy
Texas area only
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