ND or Chicago?
Transfer student deciding between ND and Chicago? Feel like ND will be easier for clubs and better for banking (rx specifically) which I think I'm most interested in.
Thoughts?
Why is ND better for RX?
As someone who knows a ton of people at both schools, would choose based on what you want out of non-finance college experience as they will be dramatically different. At both schools you can get whatever opportunities you want in finance if you are qualified / put in the work.
Based on the most helpful WSO content, Notre Dame (ND) seems to have a strong edge for your specific interests in banking, particularly restructuring (RX). Here's why:
Recruiting and Club Accessibility: Notre Dame is known for its inclusive and non-competitive club environment. Clubs like the Wall Street Club and the Student International Business Council provide hands-on experience, networking opportunities, and direct exposure to firms like GS, Evercore, BAML, JPM, and PJT. These clubs are open to all students, making it easier for you to get involved and build your resume.
Placement in Restructuring (RX): ND has a solid pipeline to top firms, including RX-focused groups. For example, the school sends students to HL RX and other elite boutiques (EBs) like Moelis, PJT, and Lazard. This structured and supportive recruiting process can significantly boost your chances of landing a role in RX.
Career Center Support: ND's career center is highly proactive, offering programs that guide students through externships, internships, and full-time recruiting. This "hand-holding" approach can be particularly beneficial for transfer students who may need additional support to catch up.
Banking Placement Stats: ND consistently places a significant number of students into investment banking roles, with ~110 students going into IB and ~20 to the buyside annually. This includes placements at top BBs, EBs, and RX-focused groups.
While the University of Chicago is undoubtedly prestigious and offers excellent opportunities, ND's structured recruiting process, inclusive clubs, and strong alumni network in finance make it a standout choice for someone focused on RX and banking. If your primary goal is to maximize your chances in these areas, ND might be the better fit.
Sources: Why you should consider Notre Dame for undergrad, Why you should consider Notre Dame for undergrad, For undergrad, any major difference in outcome/prestige UMich Ross vs. Notre Dame Mendoza?, Notre Dame > Georgetown?, Notre Dame > Georgetown?
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