UGRAD - Wash. U Olin, Emory, UNC, or IU Kelley Direct Admit

Currently, these are the 4 options I have on the table for ugrad business schools.

I'm not as dead set on IB as many people are and would actually slightly prefer a consulting job out of ugrad compared to IB.

With that being said, which of these 4 ugrad. business programs would set me up best in terms of OCR, alumni network and educational excellence to help me get a job in NY IBD or Big 3 Consulting:
Wash. U Olin (Direct Admit)
IU Kelley (Direct Admit)
Emory Goizueta (Would apply after soph. year)
UNC Kenan-Flagler (Would apply after freshman year)

BTW I would be paying 50k for Wash. U or Emory, 35k for UNC and 25K for IU. Although money isn't a huge concern for my family, it is still a factor.

Thanks in advance!

P.S. - I know Wash. U Olin doesn't have the greatest reputation on this site apart from a target for Chicago. However, I really love the campus and other things most in Wash. U compared to the other options. Also, from the research I've done, Wash. U Olin graduates get a higher average salary than any of the other 3 options (would link the employment report for Olin for 2019 but I'm not allowed to post links). Olin graduates make like $76k on average, KF graduates make 68k, Emory graduates make 69k and IU graduates make 66k I believe

 

You clearly prefer WashU, so you should go there. It’s a great school with excellent placement for MBB

 

I agree. WashU has smart people, a great business program, and high starting salary. Maybe its not a target in the traditional sense, but it is a very good school. Relative to the other options, it also has the most prestige.

 

UNC= best for BB Emory= best for EB IU= good mix but need IBW so risky WUSTL= avoid

 
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I posted this on another thread, but I will re-post for reference. Also, feel free to message me to discuss the IU Program as I am 3-4 years out as an alum.

Going to IU is quite a big gamble on getting into the IB Workshop and much of the recruitment process, aside from GPA (even this can be manipulated based on what classes you take in what order), isn't something you can control considering much of getting in has to do with subjective measurements (Business Frats / Greek Life Connections which is predicated on what high school you went to and who you were friends with). For example, the minimum GPA to even apply for the IB Workshop is a 3.60 GPA and every year multiple candidates will gain admission while being significantly below this threshold mainly if they are a Diversity Candidate, but also through business fraternity / social fraternity connections. Also, a 3.80+ candidate can get axed over a 3.50+ candidate due to being an "optimal social-fit" - I.E. you play lax and got into one of the 4-5 well represented Greek Organizations freshman year.

Furthermore, all the top banks will ask the professor that runs the program for his "recommendations" on which candidates to interview and he will provide "recommendations" based on a few criteria (firm preference / GPA / mock interviews). Do you really think he'll recommend a 'Non-IB Workshop' candidate for the 1 Goldman / 1 Evercore / 1 JPM spot considering he is incentivized to achieve 100% student placement? -Answer: No

Is it possible to get offers without the workshop? - Absolutely, many do it every year, however, it is SIGNIFICANTLY more difficult and your prospects will 100% decrease to the point where if you are able to receive an offer to an MM bank such as a SunTrust / BMO / Piper Sandler / Baird without the Workshop, you would most definitely be guaranteed a spot at a BAML / Barlcays / Citigroup / MoCo etc if you were in the IB Workshop.

With that being said, the TOP job placements at IU are actually on par with the top placements at any Non-Harvard/UPENN schools (UCLA / UVA / Georgetown / Emory / UNC / WUSTL / Cornell) with a few kids joining the Blackstone / PJT analyst classes. However, much of your fate at IU is unfortunately decided your freshman year based on what fraternity you join and your relationship with the IB Workshop Professor / Upper Classmen.

With all that being said, despite placing ~80+ candidates/year, as an alumni I would have to admit to IU being a 'Non-Target' school because there are so many 'what-ifs' involved when evaluating a candidate from the school (ex: being a straight white/Asian male will make it categorically more difficult to place into the IB Workshop / Finance Societies).

Also ~80 placements in a Kelley class of 2,000+ every single year (when I graduated around 2016-2017, many of the 'average to above average Kelley students' had no clue as to where they would be working post-graduation as an 2nd semester senior) is quite weak. A target school is classified as a place where someone NOT in the top 5-10% of the University can still gain a relatively selective position.

In all, IU Kelley is a GREAT option if you are unable to gain admission to a 'Prestigious-University'. Doesn't seem like you have this problem, so you should be choosing between WUSTL / UNC / Emory

 

UNC or Emory would be the best option, especially for front office finance roles as banks are less inclined to travel far outside the east coast unless you are a very strong name-brand school (U-Chic, UMich, etc.). Don't compare the average salary of the schools because you are obviously not trying to work an average job and therefore it shouldn't be too much of a concern if you really want MBB or any sell-side role. Many people end up regretting not going to a better brand-name school later in their life which is why I'd advise you to choose between Emory or UNC

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