TCU - Making a Presence on Wall Street
TCU's presence on wall street has been increasing for the past decade - from Credit Suisse equity research, to UBS fig, JPM m&a, and Goldman. Highly unlikely TCU will become a target school, but there's no doubt that the ones who have made it are doing well. Any fellow horned frogs care to comment or others who have had first-hand experience working with any?
lol
really?
What's a "TCU"?
"Cowards die a thousand deaths, but the brave only one," Bill Shakespeare
You better believe it tripleD. I go to TCU right now and have been really impressed with the jobs that kids are getting. It's such an underrated program but that's all changing. Go Frogs!
JoeTGarcia, check your PM.
How's TCU different than most other schools sending top talent/candidates to Wall Street?
Double post
Their football team is ranked #9. That is a pretty big difference.
Texas, UCLA, Cal, Michigan, USC and Notre Dame are all top programs that are well represented on the street.
.
TCU alum here....the business school is definitely growing in reputation.
Ranked #6 now, nbd.
Pardon my ignorance but what is TCU? Google brings up Texas Christian University but I doubt if that's correct.
That's correct Bateman - we're down here in Fort Worth
Just stumbled across this thread. Even more relevant now than in 09. Also our football team is better. Good time to be a frog.
SMU is blowing TCU out of the water in IBD placement in Houston and New York.
I have to disagree mjs3 (though I have a TCU bias); TCU has been getting relatively strong placement for the past several years. Regardless, "blowing TCU out of the water" is a gross exaggeration.
If you come across the SMU alternative assets placement for last year and where the kids are getting offers for SA's this year you would be blown away. 28/34 kids are going into banking with the rest doing consulting/trading/corporate finance with a 100% placement rate. I have been through several Houston / NY IBD interview processes and it was always filled with UT & SMU kids, a couple RICE, and maybe 1 TCU kid (Houston only for TCU). TCU bankers are kind of like sasquatch; they're rumored to have existed but no one has ever seen them.
I've actually seen more TCU kids in consulting interviews than anything else.
TCU kids get looks at the major banks in Houston. The posturing on this thread is absolutely unbelievable. It's not a big NYC or non-Houston / Dallas target though.
Houston pecking order is probably UT/SMU, Rice/Ivy's, TCU, A&M
It really boils down to what shop you're at and where guys in the group went to school. The UT BBA kids place incredibly well, as does SMU's alts program. More or less all of the Rice kids who are prepared land somewhere. TCU Neely kids get looks though, for sure.
You'll see the most from UT just because of the size of the school. SMU and Rice place tremendously well per capita. TCU doesnt do as well at the top end shops in Hou, but definitely places, and the kids get looks. They're just typically not as well prepared for whatever reason.
Disclaimer: This is based on my own experience at one bank in Hou.
The most accurate post in this thread.
From an MBA perspective...
UT - Dominates all of Texas, and strongest presence outside of Texas of Texas schools (NY, Cali)... Could career transition into anything...
Rice - Head to head w/ UT in Houston. They place in BBs and high level consulting, too. They're definitely on the rise, but I dont think they'll ever pass UT simply b/c their program is so much smaller. They are definitely strong in Houston, though.
SMU - Most people go there for undergrad. Their MBA presence is semi strong in Dallas, though. I wouldn't use it to break into a new career, but to further your career in something you already do. They give out a ton of schollys, and are frothing at the mouth for minorities b/c SMU might be the most color deficient school in the state. Lol.
A&M - Really large alumni base for undergrad, MBA, not so much. Their program is really cheap, and if you want to go into Corporate Finance (FP&A roles, rotational programs), then you can go there. Second tier consulting is REALLY heavy here, too. and in Texas, 120K can take you REALLY far. Save a ton of money, they give a ton of schollys, and Aggies look out for Aggies.
TCU - Same as SMU, but their MBA presence is nowhere near as strong as SMU's in Dallas. There are some TCU MBA grads, but most people are linked to them through Undergrad. In Dallas, SMU >>> TCU.
Rice >>>> SMU.
One data point doesn't make a trend but one of my brother's former frat brothers at TCU did very very well for himself at Credit Suisse, O&G ibanking, and has since moved on to a hedge fund.
I've come across wayy more A&M grads in finance versus SMU/TCU. And I hate A&M.
From Undergrad or MBA?
^Undergrad
I would say that they're number two in texas after UT undergrads..
But I was talking to the MBA programs, mostly.
For front office IB roles in Energy?
SMU places into BB IBD in New York as well and firms actually came to do OCR this year for non-energy groups. Only other Texas school that can say that is UT.
Goldman interviews on campus at TCU for NYC IBD positions
How was SA recruiting this year at TCU? It seems to be gradually getting better
100% placement for those that wanted it. 6 in New York, all at BB or EB, 5 in Houston, and a few others in smaller markets like Dallas and Midwest MM. Strong showing to say the least.
100% placement for those that wanted it. 6 in New York, all at BB or EB, 5 in Houston, and a few others in smaller markets like Dallas and Midwest MM. Strong showing to say the least.
yeah, im sure TCU will be a target, right after the white shoe firms start hiring people with Regents and Bob Jones law degrees :)
UT-Dallas sucks. I go there, placement is absolute shit. Because the typical demographic is a nerdy-type kid. It's not unheard of (know one guy who was a SA at GS) but literally the top 1% of of the school (dude could've got into an Ivy easily).
It sucks because I didn't realize it till the very end when it was too late to transfer.
was that guy ibanking at GS?
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