Penn State Smeal, VT Pamplin, U of South Carolina Darla Moore, or University of Michican (lsa, not main campus)

Ive received most of my decisions and am wondering what the wisest choice would be for undergrad admissions, Ideally looking to go into Investment Banking (S&T) or Quant Trading. I wouldnt mind big4 consulting at all, though.

Right now my choices are narrowed down to 

Penn State Smeal, VT Pamplin, U of South Carolina Darla Moore, or University of Michican (lsa, not main campus) Also Stevens Institute of Tech has a new Quant Finance undergrad program. 

Money isnt much of a concern for me as i received a good amount of merit for each. 

I just need help figuring out what wold maximize my chances of getting a job in S&T.

Some other schools include Fordham, CUNY Baruch, Bentley, Drexel, etc, but i believe they only place so well due to either their proximity to the city or school size. 

Any advice would be greatly appreciated! 

6 Comments
 

Based on the most helpful WSO content, here's what you need to know:

For your goal of breaking into Investment Banking (S&T) or Quant Trading, the strength of the school's alumni network, reputation in finance, and placement track record are critical factors. Here's a breakdown of your options:

  1. University of Michigan (LSA): Even though it's not the Ross School of Business, Michigan has a strong overall reputation and a robust alumni network in finance. If you can leverage the Michigan alumni network and potentially transfer to Ross (if possible), this could be your best bet for maximizing opportunities in S&T or Quant Trading.

  2. Penn State Smeal: Smeal has a solid reputation and places decently into finance roles, especially in the Northeast. However, it may not have the same level of access to top-tier firms as Michigan. That said, Smeal's alumni network is strong, and with effort, you can break into S&T or consulting.

  3. Stevens Institute of Technology (Quant Finance Program): If you're specifically targeting Quant Trading, Stevens' Quant Finance program could be a strong choice. Quantitative roles often value technical skills and specialized programs, and Stevens' proximity to NYC is a plus. However, its overall brand name in finance is not as strong as Michigan or Penn State.

  4. Virginia Tech Pamplin: Pamplin is a good business school, but it doesn't have the same level of finance placement as Michigan or Penn State. It may be more challenging to break into S&T or Quant Trading from here.

  5. University of South Carolina Darla Moore: While Darla Moore is a respected business school, it has less of a track record for placing students into high finance roles compared to the other schools on your list.

Recommendations:

  • Top Choice: University of Michigan (LSA) for its overall reputation and alumni network. Even without Ross, Michigan's name carries weight in finance.
  • Second Choice: Penn State Smeal for its strong alumni network and decent placement in finance roles.
  • Specialized Option: Stevens Institute of Technology if you're leaning heavily toward Quant Trading and want a program tailored to that field.

Additional Notes:

  • Schools like Fordham, Baruch, and Drexel do benefit from their proximity to NYC, but their placement into top-tier finance roles is often limited compared to the schools above.
  • Regardless of your choice, focus on building a strong GPA, gaining relevant internships, and networking aggressively. These factors will play a significant role in your success.

Good luck with your decision!

Sources: https://www.wallstreetoasis.com/forum/job-search/qa-undergraduate-quantitative-trading-decision-process-advice?customgpt=1, Best internships for Quant Trading?, University of South Carolina ( USC, UofSC, Carolina, DMSB, Moore) Insight, https://www.wallstreetoasis.com/forum/job-search/qa-undergraduate-quantitative-trading-decision-process-advice?customgpt=1, MSF Question and Answer

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

“Michican”?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Nulla et voluptatem maxime nam. Officiis reprehenderit doloremque aut unde fugit. Id quibusdam doloribus occaecati similique consequatur.

Nihil vel architecto rerum esse omnis expedita iusto. Odio labore quis non consequatur eos voluptate. Et ex voluptatem numquam sed.

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 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

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

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”