Babson vs Bentley Honors for IB

Based on the most helpful WSO content, both Babson and Bentley are considered non-target schools for investment banking (IB), but they each have unique strengths that could influence your decision:

1. Babson College:

   • Babson is well-known for its focus on entrepreneurship and business education. While it is not a target school for IB, its strong business reputation and alumni network could provide some opportunities in finance.
   • However, the $80k in parent plus loans is a significant financial burden. You would need to weigh whether the potential marginal advantage Babson offers is worth the additional debt.

2. Bentley University Honors Program:

   • Bentley has a strong focus on finance and accounting, and its Honors Program could provide you with additional resources, networking opportunities, and academic rigor that might help you stand out.
   • It is also the more affordable option, which means you could graduate with little to no debt, giving you more financial flexibility early in your career.

Key Considerations:

• Networking and Alumni: Both schools have alumni in finance, but neither has the same level of access to top IB firms as target schools. You will need to rely heavily on networking, internships, and possibly a strong GPA to break into IB.
• Debt: The $80k debt from Babson could be a significant financial strain, especially if you do not secure a high-paying IB role immediately after graduation. Bentley's lower cost could allow you to focus on building your career without the pressure of large loan repayments.
• Location and Opportunities: Both schools are located in Massachusetts, which is close to Boston—a financial hub. This proximity could provide internship opportunities and networking events.

Recommendation:

If your goal is to break into IB, the Bentley Honors Program might be the better choice due to its affordability and the potential to graduate with little to no debt. The Honors designation could also help differentiate you from other candidates. However, if you believe Babson's entrepreneurial focus and reputation align better with your long-term goals and you are comfortable with the debt, it could also be a viable option. Ultimately, your success will depend on your ability to network, secure internships, and excel academically.

Sources: Target vs. Non-Target, Undergrad School OPTIONS (please help), Banking on the Future: Chinese Undergrads Pay a Whopping $30,000+ for Investment Banking Training, What if I Can't Afford a Target School?, The Case for Choosing a Non-Target