Transferring to a higher ranked school?

I'm currently a freshman at a non-target school for firms in IB/MBB and have been considering transferring to a higher-ranked school these days in hopes of better chances for an M7.

When I was in high school, I procrastinated a lot on my essays, which led to rejections to most of my top schools. But the thing is that my stats weren't too bad (1560 SAT, 3.8 GPA, 4s and 5s on APs). Now that I'm in a school ranked at around 60 in US news, I'm not sure if I should transfer to a school where it might be easier to recruit from and have more prestige.

There are a few cons though in that it definitely will be much more expensive for me (can't get financial aid, but have a huge merit scholarship at my current school), my academic performance could be worse at a top school (I have a 4.0 right now), and I have the ability to do an BS+MS in finance in four years here.

But being able to be recruited from these top firms is still super enticing, and I'm not sure if it's worth staying here or trying to transfer to a T20/Ivy school (a lot of their acceptance rates are super low anyway). Would you guys say that the prestige worth transferring over?

8 Comments
 

I would make sure your timeline makes sense to transfer. Transfer sooner rather than later.

If you transfer after your sophomore year you may not have enough time to apply and interview for SA roles given how early recruitment is. Especially since you wouldn't have a GPA to report.

 

transfer to IU Kelley. it’s the best of the best in terms of placements

 
Most Helpful

i transferred out of my us news ranked ~30 school into an ivy (brown, cornell, dartmouth) after freshman year. i didn't get into any good schools out of HS and had mediocre stats bc i was jaded af attending a competitive prep school. i transferred partially bc i knew i wanted to recruit for IB and that was impossible at my first school, but also because i hated my experience there. don't transfer if it's 100% for recruiting purposes. you should have a better reason than that. if you've made great friends and see yourself having fun at that school for the next 3 years. whether it was worth it... i got my offer at an EB and liked my school a lot better. i had the financial ability even though it was tougher on my parents, but if you can, transfer ASAP. it seems late to apply as a transfer for sophomore fall, so see if you can swing sophomore spring. you'll still have to recruit with your old school's gpa though. when you're a junior transfer, recruiting will have already happened sophomore spring, so there would be no point in transferring strictly for recruiting purposes.

 

Ratione ducimus sequi repellat eum eum. A enim omnis porro sed corporis velit. Sit reprehenderit voluptatum vitae.

Dolor ullam et et quisquam ut aspernatur illum. In nemo porro aut enim velit eos dolores. Maxime non officiis sequi voluptate non facere maxime. Ullam ut quis alias non.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”