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?

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What's a "TCU"?

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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.

 
Best Response

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.

 

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.

 
Houston_OG

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.

TCU is not > A&M. SMU is not that high either, unless things have changed drastically in the last 1.5 years. From what I've seen it's UT>Rice>A&M/SMU>TCU in terms of total number of people.
 
MMBanker14 Houston_OG:

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.

TCU is not > A&M. SMU is not that high either, unless things have changed drastically in the last 1.5 years. From what I've seen it's UT>Rice>A&M/SMU>TCU in terms of total number of people.

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.

  1. UT-Austin
  2. Rice 2.5 SMU
  3. Texas A&M
  4. TCU
  5. UT-Dallas (ranked higher, but they just dont place like TCU, or have the recognition across Texas, yet. They'll get there, though)
 

I've come across wayy more A&M grads in finance versus SMU/TCU. And I hate A&M.

 
Texas Tea

^Undergrad

oh yeah.. I agree.

I would say that they're number two in texas after UT undergrads..

But I was talking to the MBA programs, mostly.

 

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.

"It is better to have a friendship based on business, than a business based on friendship." - Rockefeller. "Live fast, die hard. Leave a good looking body." - Navy SEAL
 

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