Tulane vs CU Boulder vs TCU

TCU and Boulder are the same price for me from scholarships/in-state tuition and Tulane is 100k more (I don't think I showed enough demonstrated interest so got little aid). With what my parents have saved (~80k) I won't have debt from TCU or Boulder, but will have 100k debt from Tulane. I want to work on the east coast, preferably NY/Boston and none of these schools are great for that region. I got into schools in the northeast, but got no aid other than from University of Vermont which would leave me with 40k in debt and I think TCU/Boulder/Tulane are all better than Vermont. Which would you recommend I chose? 

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Comments (23)

  • Intern in HF - EquityHedge
Mar 24, 2021 - 8:48pm

Not sure about placement, but I think CU Boulder is probably your best bet.  Know a few people doing PhDs there (Math / Physics), and it seems like a good school.  There are some good boutique IBs there (Petrie Partners comes to mind).  For STEM, it should prepare you for most jobs.

  • Intern in IB-M&A
Mar 24, 2021 - 9:02pm

I am a current student at TCU and will be joining a top IB coverage group this upcoming summer as an intern and can add my perspective: 

I would say it's one of the better schools to go to if you didn't get into other targets or semi-targets. If you are in the TIP Board Program and the Neeley Fellows program (if you are in Neeley Fellows, then you will, without fail, get into TIP), it is pretty easy to get an IBD position at a good bank. While getting into Fellows seems tough if you are at TCU (they take the top 30 students of the business school), the criteria are close to what IB criteria is. you need a 3.5++ GPA (the average first-year GPA for students is around 3.85, but almost everyone in IB will have somewhere close to that in the first year), there are multiple interviews, with current fellows and alumni, and it's helpful to network with fellows. So, you need to be good on paper and then have some interpersonal skills. In Fellows, you usually go on a trip to NY where you can meet alumni and other connections who work in IB and otherwise, and then there's a trip extension with TIP during that trip itself, where you have an option to concentrate solely on banks. There is also a trip with the TIP board that goes to Houston. If you do get into Fellows, then I would say it's easy to get to a BB, top MM, or even an EB (we sent two people to Evercore last year, and one person is going to Lazard this year, with at least two others who superdayed with other EBs, have multiple alumni at Moelis), also have someone who went to Vista Equity Partners in their Analyst program.

We have OCR/strong pipelines with Citi Houston (sent 3 people here last year, very strong pipeline), Truist Houston, Jefferies Houston (send at least one every year), BofA HoustonHL Dallas (send multiple people each year), DCF - Dallas (Send someone every year), Baird, Scotiabank Houston (send two every year), Goldman Sachs SSG - Dallas (send 3 people almost every year), BofA Chicago, BofA NY, CS FIG NY and CS in general, Stephens Dallas, JPM NY

in TIP, you have about 30-35 students, out of which 15-20 are very serious about their prep and do everything diligently. These folks get a good-to-excellent IBD position almost every year and there's also a high amount for SA-to-FT rate (averaging around 91-95%).

The only caveat is that many of the pipelines are going to Houston so we have seen a slight reduction in placement there, in line with overall Houston recruiting. Luckily, we have seen an uptick in placement in CHI and NY to cover-up that deficit. I think that most of the alumni are very close-knit. I have been introduced to some high-up folks because of the networking I have done with the alumni who aren't even in IB anymore. I am joining a top group where I beat out some other folks from the usual targets. I think the number of people gunning for IB isn't very high so you are able to make the most of all the opportunities there are at TCU (which, on a per-capita basis, is pretty high). I have loved my experience here so far and would do it again in a heart-beat.

Happy to jump on a call if you would like to discuss further.

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  • Analyst 1 in IB-M&A
Mar 24, 2021 - 9:51pm

TCU alum at bank mentioned. Second all this. TCU is definitely not a target, but it is a platform that can help you reach your goals. As as seen by the two offers to hop on a call, and the time it took for the above commenter to type all that out, TCU alum / students are very keen to help their own. Go fucking frogs.

  • Prospect in VC
Mar 28, 2021 - 12:16pm

Do you think that is true even in the north? I'm nervous TCU's name will make it hard to get hired in a liberal area

Mar 28, 2021 - 4:31pm

I personally can't answer that question, but finance folks also tend to be conservative so I don't think the political affiliation between the two should matter. I will say I know people from Tulane who are at BBs in IB/S&T so it is a solid pipeline for nontargets. But, 100k is a lot to go from 1 nontarget with a decent pipeline to another. 

  • Intern in HF - Other
Mar 25, 2021 - 12:02pm

TCU as others have said. I didn't go there but I think the increasing number of firms moving to Texas bodes well for job prospects relative to the other 2 schools. 

Mar 25, 2021 - 11:54pm

As someone trying to break in from CU Boulder, I recommend you look elsewhere; there are a decent amount of alum at banks, but it is very hard to break in from CU.

  • Intern in IB - Gen
Mar 28, 2021 - 11:15pm

Looks like the SAEs got this. All these are Non-Targets so at that point it doesn't really matter. Recommend you try to transfer. Like someone said above, Houston IB is dying, and we place like 1 kid in NY a year.

  • Intern in IB-M&A
Mar 28, 2021 - 11:32pm

Just FYI, TCU's Neeley School of Business is ranked (Grad: 40, Undergrad: 26) better than Tulane's Freeman School of Business (Grad: 69, Undergrad: 43rd). Nevertheless, it pains me to see that you can't go to sleep without thinking about your University's rankings. Must be a difficult life and I wish you the best of luck.

Edit: The other guy edited the comment but he said something along the lines: "Choose Tulane. At least you'll sleep at night knowing that you go to a Top 50 school and not a top 100 school."

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