LBS vs. UT McCombs

I am lucky enough to have been accepted into two terrific MBA programs: the London Business School and the McCombs School of Business at the University of Texas. Back when I was first applying, my wife and I agreed that we’d prefer LBS. Now, we’re not so sure! We would benefit from outside perspectives. For context, I am based in Washington, DC, making a career change from governments/politics to (hopefully) international management consulting in the energy industry.

Originally, we had preferred LBS for its international reputation and network. Living/working internationally is our top professional/personal goal, so LBS made sense. Furthermore, we love London and the UK for a host of personal reasons (food, churches, public transportation, traveling within Europe).

As time has gone on, however, a few developments have occurred to boost our estimation of UT. First, they offered $10K/year in scholarship on top of in-state tuition. Second, we were made aware of instances where students spent half of their time in the UK for the UT MBA at LBS or LSE.

There are a couple other complicating factors related to timing (close friends’ weddings, wife’s job) that would make a transatlantic move difficult, and I do not know how accommodating LBS would be about deferring a year. Those variables aside, any insight as to which program might be a better career move?

Thanks, all!

 
Most Helpful

The 2 schools are very different. UT is a very local school (2/3 of grads stay it the southwest, only 3% take international jobs) while LBS is very international (60+ nationalities, placement all across the world). LBS also places significantly better into MBB and consulting in general and is a much better school. If you truly want an international career, I would think the $10k scholarship might not make much of a difference (I don't know how much is the discount for in-state tuition, I assumed it's minimal at MBA level), especially since the pound is at historical low and would suggest LBS.

 

As I mentioned, working abroad is our top priority, which would give LBS an edge. One question we’d wonder, however, is if McCombs might possibly open doors for a strategic corporate position at an international energy company, with which McCombs is particularly well-connected, that could eventually place me in an international office. Thus, we’d attain the desired outcome of working abroad while saving money on the front end (aforementioned scholarship/in-state tuition) AND hedging the risk of having a less US-recognizable LBS degree in case I am unable to secure an international job post-graduation for whatever reason (e.g., UK/EU economy, visa difficulties). Is that a reasonable strategy? Overly cautious? Of course, it delays living internationally, but maybe only marginally.

 

Cupiditate consequatur odit quis sit qui. Deserunt consequatur quia nesciunt tempora magnam.

Iusto assumenda est non nostrum voluptatem laborum. Et nihil voluptatem architecto neque. Quae fugit provident dolorem. Excepturi illo ea possimus voluptates.

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

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...”