Unc or WashU for IB

Based on the WSO threads and discussions, choosing between UNC and WashU for a BSBA with a focus on breaking into investment banking involves several considerations:

1. Job Prospects and School Reputation: Both UNC and WashU have strong programs, but UNC is often highlighted for its robust alumni network in finance, which can be crucial for landing internships and jobs in investment banking. WashU, while selective, is known for its rigorous academics and might offer strong placement services and career support.

2. International Student Considerations: For international students, networking and access to recruiters can be more challenging. UNC has a large, well-connected network which might provide more opportunities to engage with potential employers. It's important to connect with the career services at both schools to understand the specific support systems in place for international students.

3. STEM Designated Major: Since finance is not a STEM-designated major, you might consider pairing it with a STEM major like Statistics, Computer Science, or Mathematics. This not only broadens your skill set but also helps in extending your Optional Practical Training (OPT) in the U.S., which is crucial for international students.

4. Internship Opportunities: Both schools should offer good internship opportunities, but this can vary based on the year and market conditions. Engaging actively with the career services and alumni from day one will be key in securing internships.

5. Transferring to a Target School: If you aim to transfer to a more recognized target school, your current enrollment at either UNC or WashU can be advantageous. Both are respected institutions, and performing well academically at either can strengthen your transfer application. However, transferring should be considered carefully, as it involves adjusting to a new environment and potentially losing some built relationships and networks.

6. Final Decision: If you are leaning towards a school because of perceived better job prospects or a more supportive environment for international students, consider those factors heavily. Also, think about where you feel you would fit best personally and academically.

In conclusion, both UNC and WashU offer solid opportunities for someone looking to enter investment banking. It would be beneficial to reach out to current students and faculty, and possibly connect with alumni working in IB, to get a clearer picture of what each school can offer.

Sources: I Transferred Schools for Investment Banking, https://www.wallstreetoasis.com/forum/investment-banking/didnt-make-it-to-a-target-now-what?customgpt=1, Worth Attempting to Transfer from Semi-Target to Target?, The Case for Choosing a Non-Target, Are transfers really screwed?