Non target to target transfer into IB?

Based on the most helpful WSO content, here are some insights and advice for your situation:

School Choice for Investment Banking (IB)

• Target Schools: NYU, Cornell, Michigan, UVA, Georgetown, Duke, Dartmouth.
• Semi-Target Schools: UT, USC, ND, SMU, Vanderbilt.

Key Considerations:

1. Fit and Enjoyment:

   • It's crucial to choose a school where you will be happy and thrive. The slight increase in IB placement odds from one school to another may not be worth it if you are miserable at the higher-ranked school.

2. Financial Aid:

   • Since you are low-income, prioritize private schools with strong financial aid programs. This can significantly reduce your financial burden and allow you to focus on your studies and networking.

3. Networking and Hustle:

   • Regardless of whether you attend a target or semi-target school, your chances of breaking into IB will heavily depend on your networking efforts and internships. Hustling and making connections are key.

Recommendations:

• Higher Targets: Consider adding a few higher target schools to your list if you believe you can gain admission and they offer good financial aid. Schools like Wharton (UPenn) and Stern (NYU) are highly regarded for IB.
• Semi-Targets: Your current list of semi-targets (UT, USC, ND, SMU, Vanderbilt) is solid. These schools have good placement records and can provide opportunities in various cities, including Chicago, SF, and Dallas.

Additional Advice:

• Transfer Strategy: If you are confident in maintaining a high GPA (3.8+), this will strengthen your transfer application. Highlight your PE internship, equity research program, and startup experience in your applications.
• Location Preferences: While NYC is the primary hub for IB, other cities like Chicago, SF, and Dallas also have strong IB markets. Attending a school with good placement in these cities can align with your preferences.

Conclusion:

Your school choice list is strong, but consider adding a few higher targets if feasible. Focus on schools with excellent financial aid and where you will be happy and successful. Networking and internships will be crucial in breaking into IB, regardless of the school you attend.

Sources: Target schools for IB, Are these semi-targets even worth considering?, Are These Good Schools for NYC Investment Banking?, Should I transfer from my T20 semi-target to a stronger target?, Target students who don't make it