is uchicago really better than HYPSM for chicago banking?

If someone has no interest in nyc and wants to exclusively recruit for chicago firms (bc money goes WAY further) is uchicago seriously better than HYPSM schools?

11 Comments
 

Reasoning is stupid your going to make a lot more money (on average) on the HYPSM -> NYC IB track then a UCHIC --> CHI IB track and grow ur network far more

 

I always hear that you can make a lot more money being in NYC than Chi on avg, but I'm curious why being in NYC allows you to make a lot more money. Is it purely due to exit opps?

 

My EB recruited exclusively from Chicago/Northwestern/Notre Dame. But I think the BBs in Chicago recruit from everywhere. Also, you can literally get looks anywhere from HYPSM...

 

HYPSM is the gold standard for NYC and Chicago. UChicago/Northwestern are gold for Chicago. HYPSM will serve you better overall, but for Chicago, UChicago/Northwestern will be around the same tier.

 
Most Helpful

Soluta nemo suscipit aliquam. Nam esse totam veritatis qui id et distinctio sapiente. Quo dolorem et laboriosam odio. Eligendi qui dolores voluptatibus tempore aspernatur distinctio molestiae. Adipisci impedit temporibus ea voluptatem eligendi est ut. Quo rerum sed in provident odit.

Career Advancement Opportunities

October 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

October 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

October 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

October 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...”