I'm looking at MBA programs. I feel like I'll be competitive in the 10-20 range. From looking at the schools, it seems like a lot of schools in the 10-20 range dont do anywhere near as well as they do regionally. ( UT austin, UNC, Emory, USC and so on).
I believe Texas is in the top 10 for states with the most hedge funds. Seeing as how UT austin is the highest ranked MBA program and texas I was figuring they would do pretty well in Hedge Funds. Can anyone comment on this?
And any thoughts on
UNC, USC, UT Austin for Hedge Funds, IB, or consulting as well? Thanks
Not an MBA, but a BBA alumni from Texas here, so the recruiting overlap should be relatively close.
We've got a strong relationship with Houston IB, NY is a much less established pipeline though a few firms do recruit. Consulting in Houston and Dallas are also hot spots for MBAs, with close relationships with MBB + the tier 2 guys.
As far as HF goes, there are a good number of energy specialist HFs in Texas, fewer generalist/debt ones (Viking, Highside). I'm not sure how many of these recruit on campus versus just take their analysts from energy investment banks/PE, but I would wager there are a lot of UT alumni at these HFs (because there are a ton of UT alumni in their pipeline banks and PE funds) that can help you place there.
Not an MBA, but a BBA alumni from Texas here, so the recruiting overlap should be relatively close.
We've got a strong relationship with Houston IB, NY is a much less established pipeline though a few firms do recruit. Consulting in Houston and Dallas are also hot spots for MBAs, with close relationships with MBB + the tier 2 guys.
As far as HF goes, there are a good number of energy specialist HFs in Texas, fewer generalist/debt ones (Viking, Highside). I'm not sure how many of these recruit on campus versus just take their analysts from energy investment banks/PE, but I would wager there are a lot of UT alumni at these HFs (because there are a ton of UT alumni in their pipeline banks and PE funds) that can help you place there.
UT BHP -> Hedge funds? (Originally Posted: 04/17/2016)
I'm considering apply to UT BHP next year, and wanted to know how difficult it is to get into top hedge funds on Wall Street (like JPM, GS, etc.) as compared to Ivies.
JPM and GS are not hedge funds please do your homework
I should have specified, I meant working in AUM at GS, JPM, etc.
It's very possible if you're as smart and hustle harder than the competing ivy kids. Being at an ivy will make it easier.
The thing is, I could possibly get into an Ivy when I apply, but I really don't think the $250000+ for tuition is worth it if BHP can give me similar opportunities for finance in NYC.
You should reach out to BHP career center and talk to them, they can help you out more than anyone here (unless some BHP alum sees this thread)
and fwiw the AM groups at JPM and GS or really at any of the BB's are considered "top hedge funds"
To be honest, both JPM and GS have solid hedge funds. JPM actually has a very big one as well - Highbridge Capital. GS operates on a bit of a smaller scale with their fund.
HIghbridge spun out of JPM earlier this year
Even when HCP was under the JPM umbrella, recruiting was independent. You had to go through headhunters etc. It wasn't like you worked @ JPM and then they feed you into HCP.
I'm a Senior at UT in BHP currently. If you have more specific questions I can try to help out. Sadly I probably don't have satisfying answers to most of your questions (aka is debt worth the increased chances, etc. etc.).
Your opportunity set isn't limited too much by being at UT, but there is the occasional role you won't have access to. If you're interested in fairly run of the mill opportunities at banks in NYC it's very possible to go that way if you prepare well and have a reason for wanting to be there.
250k is a lot of money, and isn't something that I would take on for really any role out of college. Much more important are the environment you think you'll be in, how you'll evolve as a person, whatever personal utility you get from having gone to an ivy. For me going to UT was a pretty obvious call in every dimension, but i also fell into the finance thing after starting.
Thanks for your reply.
Right, I think 250k is actually ridiculous, and I could never ask my parents to do that for me (nor would they be able to). Have you been able to get internships/jobs outside of Texas? Do you have time outside of class to pursue internships during the school year? Do you know if NY BBs recruit at UT? Or only Houston ones?
Also, I imagine it would be easier to stand out at UT/in BHP than at an Ivy. Is this a fair assumption?
Like a previous person suggested, would it be a good idea to contact UT's Career Center?
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