One day to decide: US or UK?

SChI999's picture
Rank: Baboon | 106

I've asked this so many times but I have to make a decision by tomorrow. I have to choose if I want to go to school in the US or the UK.

I don't know what to do.

I've gone back and forth over the past two months and I still haven't come to a decision. I'd probably get decent opportunities from both, in their respective countries, but this isn't really about the schools.

For IB, I've heard that in London it's easier in terms of hours, that networking isn't a thing, and pay is worse. I'd need a work visa, so getting out of IB wouldn't be easy (not that that would matter though, b/c I'd want to come back to the US after a few years). Staying here would mean more pay, worse work-life balance,

Honestly, I don't care about being in a BB bank in the US or the UK--I don't even care about banking. I just want a good salary and (long-term) a good work-life balance. I'd be fine at a much less prestigious bank (like SunTrust or something) or a different area (like CF) if that means I get a better work-life balance.

My life would be entirely different the next 5-7 years based on this decision. I would have very different experiences. I don't know what to do, and at this point I'd probably feel better if someone just made the decision for me.

Please help.

Comments (28)

  • Intern in IB - Gen
Jun 1, 2020

what schools are you looking at???

Jun 1, 2020

Vanderbilt and UCL. I'm a US Citizen.

  • Intern in IB - Gen
Jun 1, 2020

UCL is a better school. If you're down for a sick life go UCL. Not many Americans have the chance to ship it to London and start a career so that's pretty awesome

    • 1
Jun 1, 2020

Judging from the fact that you're posting from the UK, I'm going to assume you're a UK citizen with family/friends in the UK. If that's the case, I would recommend you go to school in the UK since most people looking to make an international move usually have a strong, compelling desire to do so and given that you're on the fence I'd say stay with your friends and family. If you truly don't care about any of that then comp is like 2x higher in the US but hours are worse so pick your poison.

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  • Associate 2 in HF - Other
Jun 1, 2020

2x is a bit much. maybe like 1.7x lol

    • 1
Jun 1, 2020

I'm from the US. Sorry if that wasn't clear in my post.

Jun 2, 2020

Oh then stay bro, food fukin sucks in the uk

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Jun 1, 2020

Vandy all the way! fantastic city, great school, the best parties, alums are willing to help and lots of banks and other really good companies recruit here. I go there and it's been great, going into my senior year, PM me if you have questions!

    • 1
Jun 3, 2020

Could you PM me? I reached my limut but would love to hear more about Vandy.

Jun 1, 2020

Please don't make this decision based on IB recruiting. Go where you think you'd fit in better, have a better time, and if you think you'd rather live in the US or London after.

    • 4
    • 1
Jun 2, 2020

Don't know why you got MS but this is the right answer above^

But if its Vandy vs UCL, vandy no question

    • 1
Jun 2, 2020

Definitely. That's the problem though...

I'm not a super social person, and I think that being in Europe would be cool, but I don't know if I want to leave the US b/c idk how easy it will be to get back and I don't think I'd like it more by a ton (and I may not like it more).

Jun 2, 2020
  • Associate 1 in IB-M&A
Jun 2, 2020

US 100%. Pay is higher, more opportunities, girls are way hotter, food and life better. UCL isn't that much more prestigious than Vandy but Vandy is way more fun. Plus you can always transfer if you think you are shortchanged by Vanderbilt in terms of prestige. You can always recruit for London from US (have seen a lot of non-targets getting BB/EB/PE) but not the other way round.

    • 1
  • Prospect in Other
Jun 3, 2020

UCL is way way more prestigious than Vandy lol

  • Analyst 3+ in PE - Other
Jun 2, 2020

Go with where you have work authorization.

Market is slightly bigger in US and pay is higher. UK may be better if you are less of a networking guy and willing to prep more to ace your AC.

But without work authorization in US, you are easily f*cked

  • Intern in IB - Restr
Jun 2, 2020

Europe is a big fat L. USA pays more and is a better country than the UK

    • 2
Jun 2, 2020

UK all the way if you're a US Citizen. Especially now. LoL. Once in a lifetime oppty

  • Intern in IB-M&A
Jun 2, 2020

Aren't you considering two radically different prices? UCL is like 10k a year and Vandy is what, 30?

Jun 2, 2020

True, but work in the two years after a graduate would balance it out.

Jun 2, 2020

If you want to be in NYC/US Vandy, if you want to be in London UCL. As simple as that.

Jun 2, 2020

Better blow jobs at US college, looser vaginas at UK universities.

Make your choice based on which you prefer.

Jun 2, 2020

I made the decision last year to quit my job and move to London from the U.S. to get my MSc in Finance.

-Networking is still a thing. If anything, networking helps you stand out even more, as I found many of my European/International classmates were afraid of it.
-IB hours being better is a myth, though it is a law here that you get 25 days off.
-Pay is pretty shit unless you're at a BB or top tier MM / boutique, but cost of living is cheaper than in NYC.
-Upgrading your student visa to a work-sponsored visa is not a difficult or expensive process for the employer, so I wouldn't worry about that. Plus, there is a new law that international students enrolling in 2020 and on get a 2 year visa extension after graduating (opposed to mine which expired 4 months after graduating).

Moving to Europe was one of the best decisions I've ever made. Your 20's should be about having cool experiences...Vandy may have the "best parties", but I've had round trip flights for weekends in random cities across Europe for a price less than an Uber ride to and from the bars on a night out back home. The states will always be there, but this opportunity won't be. Though from your post you seem a bit timid and willing to settle, so if you're not an ambitious person and all-in then you're probably going to have a bad time. PM me if you want.

    • 2
Jun 2, 2020

USA! USA! USA! USA!

  • Analyst 1 in IB - Gen
Jun 2, 2020

For a career? USA
For college and traveling? UK / Europe

  • Analyst 1 in IB - Gen
Jun 3, 2020
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