Which school should I appliy to if I want to work in IB in the future

Hello all, I am a high school senior applying for university this year. I am currently baffled about what school I should attend. I do have a good shoot for schools ranked from around 65-75 on usnews and can't decide which school I should apply to for ED. I am currently looking at schools such as SMU, PSU, Indiana University at Bloomington, northeastern university, and Baylor university. Should I throw my ED at one of the private schools or should I just do EA for all and choose after I receive the result? Which school is better for a finance career in the future? 


Furthermore, I still have dought about the major that I should be choosing as an undergraduate. I am currently looking at economics, econometrics, and finance. I will do a bachelor's degree if necessary, so what would be the best setup for me?


I have no experience and no one to ask about the industry so any recommendations and insight would be extremely helpful!

 

  I am not a US citizen, so if I want to stay in the US I must land a good job that is going to push my work visa right out of university and the process must be under 12 months. Finance is heavily regulated in my country of origin so I don't want to work there.                                                                                                      I wish I could get laid, but it just seems like I am not talented with ladys                                                                                                                              

 
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IU is kind of a gamble because you have to get into their very selective IBW. There's also been some recent accusations on here about misrepresentation of diversity which is skewing their placement. You can do a search and form your own opinion, I don't go there but something to be aware of

SMU is easy placement if you're open to a year in Houston, and NYC is doable for top candidates. Penn State is great as well, again a selective student fund that they pull most of their candidates from. I'd look at the Comprehensive Semi Target List 2020 thread from a while ago and focus on Tier A or B schools. Lots of schools out there that punch higher in IB than their USNews ranking or selectivity.

U of T is a great school but the recruiting will be almost entirely for Canadian roles, NYC is a reach from there just because the student body is like 80% Canadian and most people would have visa issues so few alums in NYC. If you want NYC I'd personally pick a private semitarget over UofT and just grind hard your first two years.

If you want to do finance definitely be a finance major. If you end up at a school with only econ major, that is okay but you will have to self-learn a lot of finance concepts. IMO as a non target you already have a lot to do, I would aim for schools with a business school and finance major to make it easier. 

 

  Thank you for the advice, since I am not from the US so I am open to working at Huston, Dallas, or anywhere, will working in those areas block my future possibility? The information about U of T has reminded me of the issue related to my nationality, since I will be on an F1 visa and will have only 12 months after graduation before being deported if I did not get an H1 visa, would this influence my chance of getting into the industry?                                                                                                                                                                                                          Furthermore, when discussing PSU, I read that they are a target for Goldman and American banks in terms of their internship, in what way is this different from a target if there is any? Is it a non-target if I did not get into the fund?

  As to the semi-target list 2020, is it on the site, what keyword do I search for?

 

Got it, yeah if you go to UofT and aren't an American citizen you basically have no shot at US IB. They don't want someone whose visa issues would likely preclude them from completing the 2 year program. If you have better chances of staying in Canada and getting a visa there, I would recommend that. The path is really tough for an international in the US, especially if you aren't at a target.

I didn't realize you were international and would strike SMU from your list. Houston IB is a pretty secular community, I don't think they are very open to sponsorship/internationals and most people there have strong ties to Texas. Plenty of internationals in NYC.

Penn State is not really a target school, they might place better at GS but target schools are Harvard, Yale, Wharton, etc. I think recruiting is largely from the fund and you would struggle outside of that fund, but do a search on here (it's called Nittany Lion Fund, fyi)

As for the list just google "WSO Comprehensive Undergraduate Target List 2020"

 

As a fellow international now in finance, the best thing you can do for yourself is go to the very best school you can and get a degree that counts as a STEM major. In a good number of schools even Econ counts as STEM. If you do that, you have 36 months of OPT after graduation for work authorization.

The hard part of being an international is really finding a firm that’s willing to hire you based on your visa status, and that’s been getting harder and harder every year.

 

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