The Ohio State Finance vs Indiana Pre-Business (Kelley) vs Penn State Econ — Best Path to High Finance / S&T?

Based on the most helpful WSO content, here's how your options stack up for breaking into high finance, particularly Sales & Trading (S&T):

1. Indiana University (Pre-Business, Kelley)

• Pros: Kelley is a recognized semi-target for finance, with strong placement into investment banking and S&T roles. The Investment Banking Workshop (IBW) is a standout program, but you’ll need to gain direct admission into Kelley and then secure a spot in the IBW, which is highly competitive.
• Cons: Starting as pre-business means you’ll need to meet specific GPA and coursework requirements to transfer into Kelley. This adds risk, as failing to meet these requirements could limit your opportunities.

2. Ohio State University (Fisher)

• Pros: Fisher is a solid business school with growing finance placement. Being a direct admit gives you a head start in accessing resources, networking opportunities, and finance-related extracurriculars. The proximity to Columbus also offers some local networking advantages.
• Cons: While Fisher is reputable, it’s not as strong a feeder into high finance as Kelley. You’ll need to work harder to stand out and network aggressively.

3. Penn State (Economics, Liberal Arts)

• Pros: Penn State has a strong alumni network, particularly through the Nittany Lion Fund (NLF), which is a unique, student-run investment fund that provides hands-on experience and solid placement into finance roles.
• Cons: Being in the Economics program (Liberal Arts) rather than Smeal makes it harder to access finance-specific resources and recruiting pipelines. You’d need to network extensively and leverage the NLF if possible.

Recommendation

• Indiana Kelley: If you’re confident you can meet the requirements to transfer into Kelley and aim for the IBW, this is your best bet for breaking into high finance and S&T. The program’s reputation and alumni network are strong assets.
• Ohio State Fisher: If you prefer a safer option with direct access to business resources and less risk, Fisher is a solid choice. However, you’ll need to be proactive in networking and seeking internships.
• Penn State Economics: This is the least favorable option due to the lack of direct access to Smeal’s resources. However, if you can get involved with the Nittany Lion Fund, it could still provide a pathway to high finance.

Ultimately, your decision should weigh the risk of transferring into Kelley against the direct admit advantage at Fisher. If you’re willing to take on the challenge, Kelley offers the strongest path to S&T.

Sources: State School to Trading Physical Gas My Story (Long), Ohio State Fisher, Indiana Kelley, Villanova, or Emory for business undergrad?, Which undergrad public safety is best to attend: IU, Penn State, UFlorida, or Fordham?