University of Houston Chances

Next fall i will be attending UH and I was wondering what my chance are going to be breaking into IB (BB and MM) and what I could do to improve my chances. I do not plan transfer because I basically get to attend college for free.

 

Hi loldude0516, no, I never sleep and so I can respond to any lonely threads (like this one) at all hours of the night. Impressive, I know ;-)

If we're lucky, maybe I can guilt some users to help you out: Cries Vagabond85 sl123456

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

It's impossible to tell you what the odds of breaking in are. They are different for everyone and rely heavily on personal drive, academic achievement, and social skills.

If you network hard, get good grades, and participate in social events on campus (i.e. greek life) you'll have a good shot. Remember to not be so worked up about it and enjoy your time at school as well.

Since you're attending the University of Houston I'd recommend that you get involved with IBSC (Investment Banking Scholars) as well as a social Greek organization.

Feel free to reach out with any questions.

"Well, you know, I was a human being before I became a businessman." -- George Soros
 

Most banks in Houston generally have reserved spots for people from McCombs and Rice and fill those spots through internships. Generally if one of the interns does not work out or accepts an offer from another bank than the bank will go look at non-target schools.

Like posters above stated that it is not impossible but it will be an up-hill battle. I would recommend start building your network sooner rather than later and make sure you have the grades.

My brother will be starting his MBA there and I have given him the same advise. Hope this helps

 

RBC did on campus recruiting (OCR) at UH this past year for analyst roles - and I know that RBC is a solid bank that keeps getting better in the energy space. I don't know if other banks do OCR at UH, but you may be able to network your way into the other banks if you can make good grades + get good internship experience.

 

I have never attended UH, but the best thing I think you can do to increase your chances is get investment banking experience ASAP. Find all the boutiques in/around Houston, and try to get an unpaid internship at first. If you have investment banking experience on your resume + a good gpa, you have a way better chance of being able to network into a spot.

An extra year to get the Masters in Accounting can help because you will have more time to get the above mentioned investment banking experience. The problem is that OCR for both UH Finance and UH Masters in Accounting will be pretty similar, so you will still have to put in work to get your resume seen by the Houston bankers. Once you get to the interview stage, you will need to craft your story well to get an offer, but first focus on getting investment banking experience.

 

ayyy my ol alma matter, go coogs! i dont work in investment banking, but i do know theyve really tried to increase the exposure for investment banks to come for OCR (wasnt the case when i graduated). i believe there is a class on mergers and acquisitions, and i believe they have a track dedicated to kids who want to go into banking (might be more geared towards commercial banking, but youll still be spreading statements and doing due diligence type work). i recommend when you do end up start taking your finance classes, to take Dr. Yae for Portfolio Management, Dr. Rabinovitch for your derivatives classes and avoid Dr. Chisholm. feel free to shoot me any questions you have about the program, i graduated 2014.

 

Et et facere sit velit numquam. Perferendis at et ea perspiciatis. Ut exercitationem id autem ut. Maiores fuga aut inventore et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”