Choosing between schools

Hi all,

I need some help choosing between schools. Ideally, in the future, I would like to enter a role in high finance - IB, HF, trading etc.

I was accepted into UCLA to study business economics and Western Ivey in Canada to study business.

I am a Canadian citizen, but not a US citizen. I understand that this will make it harder for me to gain internships in the USA; Canada will be significantly easier.

Western Ivey is the most dominant figure in Canada and a semi-target in the USA in finance.

From prestige, UCLA seems like the obvious choice, but the following post scares me: Look up "Back to make fun of UCLA, the worst top college there is | Wall Street Oasis".  This seems to be similar across many posts. However, these posts were from four years ago, so I don't know how UCLA may differ in terms of finance recruiting now.

Considering all of the above (I's sorry for including so many factors), which is the better choice? And how is UCLA in terms of recruiting now?

Thanks 

 

From my personal experience and opinion, going to UCLA will not be beneficial in terms of having the highest chances at succeeding in investment banking at the buldge bracket level, however you can go to TOP Canadian banks, have a successful career, and show that you can be a capable banker when you either transition to a different industry or go for MBA. You can also get a top MBA in europe with a WI undergrad. Since you are not a US citizen, it will be even harder to get used to UCLA culture (I've been there for a couple weeks) and get around (talking to people, etc).

ed24dyt
 

Thanks for the response. 

Do you think that if I go to UCLA a TN visa (instead of the others internationals use) will make firms more willing to look into hiring me?

 

Based on the most helpful WSO content, here are some insights to help you decide between UCLA and Western Ivey:

UCLA:

  • Recruiting for Finance: While UCLA may not be as strong as some other schools in terms of finance recruiting, it is not impossible to land solid offers. According to a previous WSO thread, most students who were truly interested and qualified for banking got solid offers.
  • Prestige and Experience: UCLA offers a great college experience and has a strong reputation. One user mentioned that despite the challenges in recruiting, they would choose UCLA again for the overall experience and the opportunities it provided.
  • Challenges: There are some concerns about the competitiveness of UCLA students in finance recruiting, especially against STEM majors who also pursue finance roles.

Western Ivey:

  • Dominance in Canada: Western Ivey is a dominant figure in Canada for finance roles and is considered a semi-target in the USA.
  • Easier Internships in Canada: As a Canadian citizen, it will be significantly easier for you to gain internships and job opportunities in Canada compared to the USA.
  • US Recruiting: Western Ivey has a history of placing students in top finance roles in the USA, including firms like Evercore, Moelis, Goldman Sachs, and others.

Considerations:

  • Citizenship and Work Authorization: As a Canadian citizen, you may face challenges in securing internships and job offers in the USA due to visa and work authorization issues. Western Ivey might offer a smoother path in this regard.
  • Long-Term Goals: If your long-term goal is to work in the USA, UCLA might provide better networking opportunities and a more recognized brand name. However, if you are open to starting your career in Canada, Western Ivey could be a more strategic choice.

Conclusion:

  • UCLA: Offers a prestigious name and a great college experience but may present challenges in finance recruiting and work authorization in the USA.
  • Western Ivey: Provides strong placement in Canadian finance roles and a semi-target status in the USA, with easier access to internships and jobs in Canada.

Considering your citizenship and the ease of gaining internships, Western Ivey might be the better choice for you. However, if you are determined to work in the USA and can navigate the visa challenges, UCLA could also be a viable option.

Sources: UCLA, CAL or UW, Kellogg vs. Anderson (w/ $) vs. Ross (w/ $), Canadian vs USA vs International unis, Berkeley or UCLA?, Back to make fun of UCLA, the worst top college there is

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

I looked over the links and UCLA seems to place well both in LA and NYC.

However, do you think that that the fact that I require a TN visa will hamper my chances of getting an internship at one of these MM or BB firms?

TN visas seem to be in a grey zone in terms of whether a IB intern role can aquire it.

 

You'll need to apply for sponsorship under STEM OPT just like other international students. It's definitely possible, I know people who've done it in the past. However, it's certainly not guaranteed and does make it more difficult. If you're serious, join appropriate clubs your freshman year, and put in genuine effort sophomore year—you'll get something. 

 
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