Undergraduate Selection - UGA (Terry), PSU (Smeal), GT (Scheller), Howard, IU (Pre-Business, Kelley)

Based on the most helpful WSO content, here's a breakdown to help you decide which school might give you the best shot at breaking into Investment Banking, especially considering your interest in working in NYC:

1. IU (Kelley School of Business):

   • Strengths: Kelley has a strong reputation in the finance industry and is considered a semi-target school for investment banking, particularly in NYC and Chicago. This could provide you with better networking opportunities and recruitment prospects.
   • Cost: At $22k/year, it's more expensive than your in-state options, but the potential return on investment in terms of career opportunities in IB might justify this.

2. PSU (Smeal College of Business):

   • Reputation: While not a traditional target, Smeal has a respectable business program that can offer good opportunities, especially if you leverage alumni networks effectively.
   • Cost: You mentioned that you are not sure about the cost yet. It would be crucial to consider this factor as it could significantly affect your decision.

3. UGA (Terry College of Business) and GT (Scheller College of Business):

   • Financial Advantage: As a Georgia resident, both these schools offer a more affordable education at about $10k/year.
   • Local Opportunities: While they may not have the same level of direct recruitment for NYC IB roles as Kelley, strong performance and active networking could open doors. The lower debt burden upon graduation could also give you more flexibility in pursuing internships and lower-paying analyst roles initially.

4. Howard University:

   • Diversity Recruitment: Howard is well-regarded for its strong community and alumni network, and being an HBCU, it often benefits from diversity recruitment initiatives by major IB firms.
   • Cost vs. Opportunity: The highest cost among your options at $25k/year, but consider the unique opportunities it might offer in terms of networking and support systems.

General Advice: - Networking: Regardless of your school choice, actively engage in finance clubs, seek internships, and connect with alumni. These actions are often as crucial as your school's name. - Internships: Aim to secure internships in finance, particularly in New York if possible, as these will significantly enhance your resume and provide practical experience. - Academic Performance: Maintain a high GPA, which is critical for breaking into competitive fields like investment banking.

Given your end goal to work in NYC and the semi-target status of Kelley, it might offer you the best pathway into investment banking, despite its higher cost compared to your in-state options. However, consider your personal financial situation and the potential debt you're willing to take on.

Sources: What should I major in to get into investment banking from a non-target school?, High School....now what? AM career??, Undergrad B-School Environment Changing, Dual major in Finance and Computer Science?, Best Undergraduate Double Major at a Non-Target B-School?