Help deciding undergraduate with a potential finance career in mind

Hello! I am a high school senior trying to decide where to go for undergrad. I am looking to best position myself for a future career in finance. I have been accepted to UCLA business economics, USC Marshall, UMich Ross, UT McCombs, UC Berkeley and UVA (I would have to apply to Haas and McIntire after matriculation). I live in Austin, so UT would be in-state cost, but I am looking to go out of state. Any advice would be appreciated.

13 Comments
 

UTA at state costs would be nice. If your parents can afford it or you won't take out loans, Berkeley would be amazing. Depends if you like the culture though. UVA would be phenomenal.

Have you visited these campuses? What's the financial situation like?

 
"TNA"

UTA at state costs would be nice. If your parents can afford it or you won't take out loans, Berkeley would be amazing. Depends if you like the culture though. UVA would be phenomenal.

Have you visited these campuses? What's the financial situation like?

Who says UTA? I'm ROFL for anyone who doesn't say UT for University of Texas at Austin. UTA is UT Arlington, you idiot.

By the way, leave me alone. You probably will never be smart enough to give any useful advice, and I don't want to waste any more time on you.

 

Consider which city you want to work in after graduation. While all of the above schools can position you well for a career in finance, where you work depends a lot on where most of the alumni are. By no means is it impossible to land a job in another city but it certainly helps to graduate in the city where you want to work. So, consider: UCLA, UC Berkeley and USC (for SF or LA), UMich (for midwest), UVA (for east coast but you would probably be competing against top ivy league graduates), UT (Houston, Dallas etc.).

If I were you, I would have chosen UT McCombs.

 
Best Response

Congrats, all are great options.

Unless you really want to work in LA, I'd nix the LA schools. Probably would be a great time but it'd be tough to get much outside of the West Coast unless you really kill it networking.

Berkeley is good if you want SF, I don't know how well they place in to NYC but I bet it's definitely doable. Berkeley has a weird vibe though. I get that you grew up in Austin but I'm also guessing that you grew up in Westlake or Hyde Park based on the schools you're looking at and UCB is probably pretty out there unless you really love spending time in East Austin.

UVA will set you up well for NYC/eastern seaboard, wouldn't be a natural fit in Texas but you could probably tell a good enough story about why you wanted to move back.

Michigan Ross is probably the best if you're dead set on NYC, but if you've never been there in the winter, then I'd think really long and hard about going there. I get that you may like the cold and that you've been skiing before or have family up north or whatever, but Texans don't know what it's like unless you spend a month in the middle of winter up there. This is from experience.

Look, I'm crazy biased since I'm a McCombs grad and a huge Texas football fan, but McCombs is probably the most versatile option you've got. I've got friends who graduated and went to SF, NYC, etc in banking/consulting/VC. I know other McCombs grads who went to LA, Chicago, Miami, and Boston for non-IB finance roles. And of course a ton of folks stayed in state and work in IB, PE, HF, REPE, FoF, MBB consulting, etc at the top shops.

Another consideration, if you like energy is t all of the other schools you'll be competing with HYPWS but in Houston, you effectively are HYPWS. You have to work hard to position yourself to land at a top group but I know very few who really wanted IB and didn't get it.

If you're pretty set on a specific location after graduation then go to the school that's in the region/sets you up for it. If you're not, then McCombs, Ross and McIntyre are probably your best options.

 

Recusandae ea pariatur eum laboriosam officia odio. Voluptas voluptatem ut ut ea. Asperiores sit asperiores molestiae. Omnis libero suscipit asperiores veniam vero. Voluptatem quasi maxime sunt laborum at. Vel magni omnis sapiente deserunt vel. Dolorem sunt velit qui quaerat.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”