Penn STATE??

.

Yeah it places well however it is super competitive and you would probably be better off at a semi target because if you do not break into the nittany lion fund it is exponentially more difficult.

If it's the best choice you got, then you don't really have a choice.  Don't worry too much about "semitarget" label.  At the end of the day, just go to the best school you got into.  

I'm going to be perfectly honest. I'm from right outside of Philly and have a lot of friends majoring in finance at PSU and have a few in the NLF. I would not recommend going there if you are dead set on IB. Breaking into the Nittany Lion Fund is extremely difficult and there are a lot kids who get in solely on connection (ex: friends, siblings, same frat, same business frat, same high school, other orgs) making it difficult for an outsider to get in. Almost all the kids in the fund fall under one of these categories. The fund is also heavily pushing diversity pipelines. In the feeder org PSIA there are women only meetings. Additionally, the fund has not had the best job placement this year as COVID and other orgs improving their recruiting have hurt their placement. You can even take a quick look and see that there are multiple juniors without internships and a few internships not on Wall Street. At the end of the day, if you can maximize all your resources at PSU it's a great school and the NLF is a good program but realize that it won't get you an IB job unless you work for it.