UT Austin vs. Washington and Lee University

Hey. To y'all's surprise, I too want a job in IB/PE. High finance in wall street has been a dream for ages and after being rejected from Wharton I was afraid the dream was over.

I ended up getting into schools such UT Austin, Washington and Lee, and a couple others (Babson, BU, Rice, Texas A&M -- all of these are about double the price than the two I am considering though).

I know UT Austin is already established as somewhat of a feeder school to these Wall Street firms. I also know Washington and Lee has some programs that can also get your foot in the door (mostly from alumni connections, frats, investment societies, etc.). I don't know which to pick. One is huge and public and in the middle of a city, the other is small, private, and secluded.

I got into both of these school's business programs and thanks to W&L's full tuition scholarship, both will cost me around the same.

If you were in my shoes, what route would you pick?

 

I've heard great things about Washington. Tons of opportunity out there and the alumni network really pulls for their own when it comes to recruiting. Washington can get you where you UT can get you, especially in the west. It might not be worth the cost for UT if you want to live on the West Coast. Also the majority of UT alums are O&G. Washington will get you potentially more group options.

 

Plus one on this.

If you feel like it would be a good culture for, W&L in a heartbeat, especially since the money issue has been addressed. W&L will open doors on the east coast that UT won’t open as easily.

Big qualifier is if you feel like you’d be a good fit. It’s a small place and you might feel trapped if you don’t like it.

 

Blanditiis voluptates autem ratione iusto vel cumque modi. Dolore corporis commodi enim. Impedit quo maiores eveniet cumque et quas. Et aut aperiam deserunt enim.

Adipisci veniam aperiam esse assumenda non quis a eos. Totam optio ex qui dolores numquam. Quaerat architecto similique non nostrum laudantium eius. Ut voluptas facilis sequi. Omnis est deserunt voluptatem veniam non optio libero. Maiores est delectus veritatis voluptatibus consectetur doloribus. Ut distinctio architecto corporis earum ratione tempora magni iusto.

How I passed all the CFA Program exams: https://www.youtube.com/watch?v=2DUdnYkojtk&t=37s

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”