should I go to oxford?

I have the choice between oxford, UIUC CS, and Santa Clara university. I want to do banking in sf(preferably) or nyc. uiuc and Santa Clara are around 50k, oxford is around 35k

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (42)

  • Analyst 1 in IB-M&A
Apr 25, 2020 - 1:44pm

I think this is a troll, but in case it's not, I'll still comment. Of course you should go to oxford. It's an amazing school and probably places the best into banking of any school in Europe. You practically get handed internships and spring weeks compared to other schools in Europe.

  • Prospect in IB - Gen
Apr 25, 2020 - 1:47pm

isn't it super hard to recruit for America while going to a uk university, even if I'm a us citizen? I really don't want to be stuck in the uk/Europe

  • Analyst 1 in IB-M&A
Apr 25, 2020 - 1:50pm

Ok it is hard but it would be a lot harder to recruit from the other two schools you mentioned. Plus, worst case scenario you could always start in London, then transfer back to the US after a year or two. You could probably get a position in NYC more easily than SF.

  • Intern in IB - Gen
Apr 25, 2020 - 2:13pm

I know people from my intern class from the US, and likewise know people who have done the recruitment in NYC from UK Universities (Speaking from perspective of Intern studying at UK university).

Based on what I've seen Oxford is where you want to be as it is a massive target. Every bank visits- not sure about the other two schools you've mentioned, which is very significant in the US as networking matters more there.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Intern in IB - Cov
Apr 25, 2020 - 3:04pm

if you want to know more about SCU, i can PM you, growing banking culture and decent placements these past couple years (mostly SF)

that being said, oxford is light years above SCU and UIUC but maybe it would be difficult to do IB in america and you may be pigeonholed into doing europe IB? (not really educated on how international students are able to make the jump back to us, so take that with a grain of salt)

Apr 25, 2020 - 6:38pm

I made a post about a year ago about why it's close to impossible to recruit for US offices from UK targets. The thread can be found here

@OP - go to Oxford if you are fine doing IB for 2~ years in the UK before moving back to the UK.

  • Analyst 1 in IB-M&A
Apr 25, 2020 - 7:16pm

how much of this is due to them not being US citizens though? OP is, and I think that will make all the difference. The only times I've seen non-citizens hold IB internships in NY or other places is when they attend a large target school in the US, simply because the way the visa programs are structured allows them to legally intern without company sponsorship (could be wrong about this, but have had 10+ friends on student visas and that was how they explained it to me). On the other hand, if you were to require sponsorship for only a 10 week role, it could prove very difficult to get, and you will always be a step behind in terms of recruiting.

  • Prospect in S&T - FI
Apr 26, 2020 - 4:40am

Yeah obvious choice is Oxford. I only spent a summer there after my sophomore year but it was the best few weeks of my life. Amazing city, great people and culture, best academics in the world. Recruiting won't be an issue - even though I attend a target, the Oxford name still catches eyes more on my resume.

And always hit up Purple Turtle & Hassan's on a night out

  • Prospect in IB-M&A
Apr 26, 2020 - 5:29am

Which college (and course), if I might ask?

I'm at Oxford and it's great. Can't imagine having a better experience elsewhere. I'd highly recommend it.

FWIW, there are a few people graduating this year who I know are joining US offices (of various buyside firms). I don't think it's often done for banks, but it's definitely possible for these smaller/ more US-centric firms.

  • Incoming Analyst in S&T - Other
Apr 26, 2020 - 5:47am

If you're set on US recruiting, a viable option might be to go to Oxford and transfer to a US target. The second-best option I think would be to leave US off the table for now and focus on London.

  • Prospect in IB - Gen
Apr 26, 2020 - 10:08am

I also think that Oxford is the obvious choice! Having it on your resume is likely to open so many doors to you, whether that's recruiting for SA roles in the US or transferring to a top-tier US college after your first year. I've heard a decent amount of Oxbridge grads go into banking sometime after graduation, so you can always reach out to them on LinkedIn for advice/networking or even ask the London recruiters of the banks you're interested in for the contact details of some of their colleagues in SF/NYC (it's really no problem, they love to help you and Oxford has lots of on-campus networking events and dinners). In my opinion, Oxford is an amazing school (ranked #1 worldwide if I'm not wrong) and going to a university with so many incredible traditions/opportunities/academics would be a great experience. Just one question - what are you thinking of studying? It might be a bit harder to get into banking if you got into Oxford for English or Chemistry than if you got in for Economics.

  • Prospect in Other
Apr 26, 2020 - 10:45am

Pick Oxford. It shouldn't be too hard to move from Oxford to US universities or recruit in the US. Also, more opportunities in finance and other industries in case you realise you no longer want to do banking or you don't want to work in SF or NY.

  • Intern in Other
Apr 26, 2020 - 1:32pm

If you were deciding between Oxford and Cambridge that would be a more interesting discussion. Oxford all the way!

  • Summer Associate in IB - Cov
Apr 26, 2020 - 2:41pm

while it may seem like the only important factor with colleges is getting a job in banking, it is not. these schools arent even close to being peers to oxford and the long term benefit you will get from going there will far outweigh any minor logistical difficulties in coming back to the US. also as mentioned above its the definition of a target for London. congrats!

Apr 26, 2020 - 4:09pm

Oxford vs. Santa Clara? That's like choosing between a Ferrari and a Yugo--with the Ferrari actually costing less.

Oxford is the most famous university in the world. current American "it" schools like Stanford have spent the last generation or two producing tech guys and aspirants to VC. Oxford has spent the last thousand years producing Anglo-American civilization (individual rights, free markets, liberal democracy, and all that other fusty stuff).

From a professional perspective, you'll never, ever regret having "Oxford University" figuring prominently on your resume.

  • Intern in Non-profit
Jan 29, 2021 - 3:32am

LMAO op here, I went to UIUC, and I got an internship at a top company (think google/facebook level), and im planning on recruiting for jane street type places next summer 

  • Intern in IB - Gen
Jan 29, 2021 - 8:23am

Eligendi nam id commodi hic minima et nesciunt. Aut ut consequatur consectetur cupiditate vel nihil. Nihil qui ea rerum ducimus. Placeat aspernatur sunt eius magni eius consequatur. Cum expedita tenetur aliquam aut.

Nisi quo reprehenderit vitae tempora dicta. Ducimus doloremque cumque alias.

Jan 29, 2021 - 6:15am

Praesentium in provident est cupiditate similique odit. Harum alias voluptatum fugit non unde. Harum nemo et corrupti magnam consectetur magni.

Provident harum nesciunt expedita alias nulla odio eligendi. Et labore assumenda nam voluptatum vero architecto expedita iste. Suscipit et ut suscipit aperiam. Temporibus autem veritatis qui veritatis laudantium.

Quod sequi optio saepe est sunt. Dolorem voluptatem occaecati delectus expedita eaque. Est nisi nemo rem ut corrupti rerum quam.

Ut illo nemo doloribus laboriosam maiores est fuga. Placeat ab corrupti non quo voluptatum odio. Tenetur est dicta ea aut quam.

Start Discussion

Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (39) $363
  • Associates (228) $232
  • 2nd Year Analyst (137) $154
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (103) $143
  • 1st Year Analyst (500) $135
  • Intern/Summer Analyst (386) $83