UChicago is Paradise

Sure, the ED1 rejection from Wharton and the dream-crushing waitlist at Harvard stung, but UChicago — with its mysterious grade deflation myth and a Core Curriculum that’s basically just intellectual hazing — is prestigious enough.

You wasted no time updating your LinkedIn to: “Student at the University of Chicago | Economics Major.” It fools everyone. “This kid studies real economics,” they think, when deep down, you know you’re just doing Business Economics (bizcon). It’s “non-econ” econ, but you’re still saying you study at Booth (number one according to US News), and thankfully, you don’t have to deal with actual grade deflation. You're just hoping recruiters don’t catch on anytime soon. As for those poor non-bizcon majors? Well, you’ll leave them to their PSets while you and your bizcon boys hit the frats for another round of shots on Friday night.

You tell everyone UChicago was your top choice, but you know it was an ED2 consolation prize. Meanwhile, your parents are still telling their friends you study at “Chicago Booth,” because, honestly, what's the difference?

You thought about recruiting for Eckhart Consulting — it’s got a good enough reputation, but let’s be honest, The Blue Chips (TBC) just sounds cooler. “Investment management,” you tell yourself, “has a much more prestigious ring to it.” You join TBC, because nothing says “I’m a future banking god” like managing $100K that underperforms the S&P 500. But you don't mention that part to the analysts at the Goldman coffee chat. You’ve memorized some Milton Friedman quotes and can throw around the phrase “efficient markets hypothesis” like a pro. Still, they don’t seem impressed.

No worries, you tell yourself. You’re all about intellectual curiosity anyway. After all, you took Physics for Future Presidents, a class with absolutely no intention of producing physicists. Plus, you’ve been sneaking into frat parties on the weekends with your boys — a reminder that despite the “UChicago is where fun goes to die” reputation, you’re still managing to live a little. You just won’t tell the recruiters that part either. 

Sophomore year hits, and suddenly everyone’s on LinkedIn announcing their Goldman or JPMorgan diversity summits. You haven’t been invited to any, so you start revising your personal brand. After all, you’re more “diverse in thought” than half these people, right? You apply to every diversity program you can find. “UChicago teaches us to ask tough questions,” you think as you confidently hit “Decline to Answer” on the demographic questions. You’re not lying, just keeping your options open.

You’ve also started playing the "Core" card in your coffee chats with analysts. “The Core is the foundation of my curiosity,” you say, knowing full well that the only curiosity you’ve expressed lately was whether you could nap through your Self, Culture, and Society discussion without being called on. The analysts nod along, likely more impressed that you’ve survived two grueling years without fleeing to a more “traditional” econ program.

Eventually, you get into TBC’s executive board, or as you like to call it, “UChicago’s Goldman pipeline.” You spend your time talking about how managing the club’s money is “teaching you invaluable real-world skills,” but you’re mostly just biding your time until the next Tao outing (you’re not paying for the table this time).

By junior year, you’ve hit your stride. You've finessed your way into every diversity summit out there, thrown out a couple of buzzwords like "intersectionality" and "leveraging intellectual capital," and suddenly your inbox is full of fast-track interview offers. You ace the interview at Citi by smoothly dropping a line about how we can always trust the markets, except when we can't, and hit them with a hot take on UChicago's intellectual rigor. They're eating it up.

You update your LinkedIn again, this time with that coveted Citi internship. You glance over your shoulder at the guy still grinding in the Core — poor soul's still writing essays on Aristotle while you’re counting down the days to your Manhattan summer.

You won’t admit it to anyone, but every now and then, when you’re feeling reflective, you still wish you were at Harvard. That dream won’t ever quite fade.

But hey, UChicago is Paradise.

27 Comments
 
Most Helpful

This is actually pretty good. Almost felt too short for me. 

 

Pretty spot on — the core single handedly crushed what little intellectual curiosity I began with lol

 

gotnothingforyou

Nearly perfect. 

Yes nearly perfect. I like it. Only error I saw is it’s the Efficient “Market” Hypothesis. No “s.”

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Nah you didn't do this justice. Where is the insecure defense about IB being a part of your grandiose intellectual master plans so you don't have to acknowledge you went to the school known for theory and research to memorize basic accounting technicals?

More importantly where is the looking down on the liberal arts majors and pre-graduate track students after convincing yourself that "the life of the mind" is for poor people

 
ka_2020

Seriously?

Why is this shocking?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Nothing says paradise like being robbed at gunpoint on campus lmao, happens multiple times every year

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 
PrivateTechquity 🚀GME🚀

Nothing says paradise like being robbed at gunpoint on campus lmao, happens multiple times every year

This is a notable 'life experience' for MBA applications. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

The funny thing about the Business Economics "non-econ" econ meme is that even its "econ" econ major deserves to be clowned on like that.

The legacy of the Chicago School of Economics is still strong and still as nonsensical as it always has been. Which is not to say good work never comes out of Chicago or that you can't get a good education in UC's econ program, just that the type of economics that the school promulgates there generally does a very poor job of actually describing the real world.  

 

idk what your on about. Chicago economics in the traditional sense is dead. Everyone there loves field study + empirical research. The department has done a 180 from the legacy your yappin about. That being said, research over the past decade has been historically weak.

 

Quasi tempore a totam sunt. Optio velit sapiente asperiores itaque quo. Aliquid minima modi et vel expedita nemo.

Vitae inventore et aspernatur odio et dolor. Laborum tempora ut temporibus cumque aut reprehenderit ab. Iure dolorem aliquid natus beatae. Porro laboriosam qui quia voluptatem perspiciatis autem ea. Repellat nemo omnis necessitatibus nostrum quia quia.

Qui ratione cum quod harum deleniti est. Dolor et nam deleniti laborum. Iusto sit laudantium in veritatis perspiciatis. Ratione fugit hic dolorem eos et mollitia. Cupiditate atque voluptatem quibusdam impedit iusto. Unde praesentium animi soluta et eligendi voluptatibus qui. Eum qui dolorem cum modi quia numquam qui.

Dolores repellendus ut veniam veritatis modi. Dolores sed in numquam voluptas ad. Quam perferendis repudiandae quam totam non.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.6%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.0%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.6%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
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...”