Which school should I attend to get into Investment Banking: UVA Mcintire or Brown?
UVA is in-state tuition (33k) vs Brown (73k)
My parents would pay UVA full while they'd be fronting me the difference in price (160k) for Brown that I would eventually pay back.
I'd go to UVA because it's cheaper but IB is super prestige-driven.
Any thoughts?
^^ I second that. I have personally met more bankers from UVA than Brown.
I am graduating from UVA McIntire in a month and I'd pick Brown
Really? I'd love to hear why
In terms of UVA, McIntire is not a guarantee as you still have to apply for it during your second year. If you don't get into McIntire, then I assume you would do Econ and I think Brown Econ > UVA Econ candidate. The advantage that comes from UVA McIntire being a an undergraduate business school is diminished in that by the time you are recruiting you won't have taken any actual finance coursework or business class apart from introductory accounting since you'd only start McIntire third year. In terms of Brown, I have a close friend who goes there and from what he tells me the grading standards are extremely flexible and enables you to strategically boost your gpa.
Brown
Could you explain why you think Brown?
lol is this even a question, obviously Brown - I think it will be good for your profile and ease of getting into IB - better connections for the long term - worth the extra
There may be some self-selection bias, but there are way way way more people in IB from UVA McIntire than Brown. That's not to say that you would have a better chance at UVA, it's just a different model-- would you do better fitting into a well-defined pipiline (UVA) or taking the path less traveled? (aka anyone from Brown who goes into IB)
I suspect it would be significantly easier to break in from Brown because of the lack of competition, but idk if it's worth 160k
IMO save the money and go to UVA.
Since you are getting the loan from your parents - I would be inclined to pick brown. Its gonna be better for your resume in the long run. I assume your parents will be flexible with the payback so you won't get crushed by your student debt.
As a state school grad - I know the value of having an Ivy on your resume.
Chico State.
Really painful to read responses suggesting Brown if your immediate goal is I-banking. This is absolutely and totally wrong-these are likely responses from kids that have no idea what they are talking about think there is some sort of magic “prestige stamp” that results from going to an ivy.
There are many other reasons that could make Brown a better choice that are totally reasonable and personal to you, but on a strict by the numbers rationale ranked by your ability to get into a BB/IB, UVa McIntire should hands down be your choice.
Mcintire probably sends around 20 kids a year to BB/EB (admittedly a rough guess based on observation) and is a target school for every BB and most EBs. Brown is not a target for any of these places, and although they certainly send a few kids each year, it will be significantly harder to land a job. In my 6 years I have maybe met 5 kids that went to Brown-once again, this is not dumping on Brown at all, obviously a great school and there are tons of other reasons you might pick it, but a readily observable fact pattern makes Uva a better choice if BB/EB is your goal.
Agree with most the stuff you said, and would agree that UVA will be an option if the sole goal is IB. But the part that Brown is not a target at any BB/EB is just plainly not true....go through LinkedIn and you'll find plenty of Brown kids at GS/JP/Evercore, etc
A “target” school means there is a dedicated recruiting team at the bank and typically a loosely allocated number of slots. Obviously there are kids from Brown at all those places, but they are not a target school.
I go to Brown and we literally sent 7 kids to GS IBD alone for this coming summer. Brown definitely is a target for some banks but not for all of them. BB's tend to recruit a good amount here but the only EBs that had info sessions were Centerview and PWP. People still manage to get into EBs through networking and alumni connections.
Well if it comes to those two, I’d definitely choose UVA. McIntire is an established program and at the very least receives a lot of respect from the finance world as target school. Not to say Brown isn’t respected but I’d say it’s probably last on the list of Ivy League schools in finance, with Dartmouth.
lenbias7 I would also keep in mind that during college, your career aspirations may change. From an optionality perspective - Brown will leave more doors open to you than UVA. But the commenters are right - I have met more UVA people on the street than Brown kids. So I think with hard work, you'll get there either way. Don't forget - its important to make your choice based on where YOU actually think you might like to go to school. As we've established here you'll probs be fine at either school if WS is your ultimate goal - but if you like one school more than the other go for that.
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Brown doesn't have an undergraduate business school like UVA does that has a large number of people wanting to go into IB. With Brown, you can get into IB, but you just have to network a little more, especially for those banks that don't do OCR at Brown. You also have to be a little more proactive regarding interview prep, especially technicals. UVA kids are a little more primed with technical knowledge as their major of say finance helps them out.
$160K is a lot of money though and it is true, as previous commenters have said, that UVA is definitely a target school for IB and many BBs/EBs.
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By technical knowledge, I am referring to knowing the actual technical questions that will be asked during IB interviews like "Walk me through a DCF" and "Which is cheaper: Debt or Equity?"
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