Penn State Honors vs IU Kelley vs UT Honors vs Umich Ross

Where would I be best off, all things considered. For reference, I am from PA so PSU would be the cheapest (~110k). IU would be ~160k, UT would be ~250k, and Umich would be a nauseating 290k.

It is worth noting that I got into the Honors college at PSU and IU, as well as Business Honors at UT

I want to break into IB, preferably in NY, and my parents can pay ~160k, so IU and PSU would mean no debt. I'm really torn between the value of not having debt versus the top-level placement at UT and especially Umich. I feel that since all of these schools are big state schools that I will have a pretty enjoyable overall experience at all of them, but I was hoping for any input on OCR and IB placement at these schools.

Also, any input on the emphasis placed on where I get my undergrad degree versus an MBA (assuming I get one) would be great.

Any response would be greatly appreciated.

 

Go to IU. Your opportunities for NYC will be better than UT Austin, and about the same as Michigan.

If you want to stay home, Penn State today is very different from Penn State 5 years ago. Today, the vast majority of students that want to go to Wall Street get there. There just aren't that many students interested, which is why placements are about 1/2 of Indiana / Michigan's numbers. If you're dead set on Qatalyst and won't work anywhere else, Penn State probably isn't the place for you. If you're fine going to any BB, you'll do just fine staying home.

Btw, did you include the Schreyer money in your PSU cost calculation? 110 seems a little high for in-state honors.

 
Most Helpful

delusional to think IU is close to Michigan

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
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...”