Trouble with college decision

UT Austin Mccombs vs Carnegie Mellon Tepper (both for finance undergrad)
Hello, I am currently struggling to decide between these two business schools. A dream of mine has been to work in banking whether that be in a BB or EB, but I am not 100% set on anything as of now. I know that neither of these schools are "targets" but they are also the only options I have. I am out of state for UT, so money is not a huge differentiator. Any advice would help me a ton!
*I did not get into the business honors program but if I go to UT I will apply for sophomore admissionI want to emphasize that the main thing I am having trouble finding would be which school it is more possible in to work in a NY BB or EB, even if it is difficult in non targets/semis. Which is it more possible in?

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Comments (10)

  • Analyst 1 in AM - Equities
Apr 4, 2021 - 11:34am

Awesome school's solid semi-targets in various areas (such as CMU for Tech as a target), UT is a T for energy banking. 

If you are more interested in tech go CMU. 

If you want to have alot of fun & wouldn't mind going into O&G --> UT. 

I don't think you will make a mistake either way tbh

Apr 4, 2021 - 11:52am

Thank you so for responding so quick! One more question if you don't mind, I know it's a long shot to work at a EB in NY, but I know it is possible from both of these schools. In your opinion from which do you think I'd have a greater chance of getting there.

Apr 4, 2021 - 1:29pm

Isn't Carnegie Mellon a much more selective school?  Someone I know who had high SATs and grades was rejected by Carnegie Mellon

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Apr 4, 2021 - 1:39pm

I've heard UT Austin is a blast. You could have fun there and get good grades for a couple years and try for a transfer. 

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  • Analyst 1 in IB - Gen
Apr 4, 2021 - 2:09pm

CMU is a strong target for tech and quant roles. CMU has decent placement in banking and the location makes it easy to take a New York networking trip. Imo CMU is just a better option if you're not focused on living in Texas or O&G banking 

Apr 4, 2021 - 2:29pm

I'd argue for CMU, strictly on the basis of greater optionality. While now you may thing you want to go into banking, many plans don't survive first contact. Go to the school that is the best at the most things - this seems like CMU in this case. Also the pitt is a pretty cool place.

"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom
Apr 4, 2021 - 2:49pm

People have touched well on the academic front, but I would recommend that you consider fit and the campus environment you want. CMU is a smaller school with D3 sports, whereas UT is one of the largest state schools in the country. I would have to imagine the women at UT would be better looking and more fun, and women comprise a slightly greater percentage of the student body there as well. Both UT and CMU will give you very different experiences independent of academics so consider your happiness at school as another factor in your decision.

I’m a fun guy. Obviously I love the game of basketball. I mean there’s more questions you have to ask me in order for me to tell you about myself. I'm not just gonna give you a whole spill... I mean, I don't even know where you're sitting at
  • 1
Apr 5, 2021 - 4:25pm

This 100%.  I go to a target, and when I was applying to colleges, it was all about getting into "the best ranked school possible."  I have no serious regrets because I've had a lot of fun and got a great job that I wouldn't have gotten at a non target, but sometimes I wish I focused more on fun and social life when I applied to college. 

I sigh a little Every time I see my brother at a packed D1 basketball game pulling smoking hot chicks at his state school (Not a target, but solid- Think UMD, Penn State, etc), knowing that I've spent much of my college years listening to rich angry SJW feminist brats bitching about their oppression and scrawny dudes nutting over their wealthy parents and 'prestigious' school name/internships while spending all night in the library trying to pull their econometrics grade up from an A- to an A.

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