Undergrad: IU Kelley vs UT McCombs Vs UMich (Ross)

Hello,

I've been accepted to the following schools (all OOS). I'm looking to go into Investment Management and am also on the waitlist for Emory and NYU Stern. I plan on majoring in both Finance and Economics. For IU I'm particularly interested in the Investment Managment Workshop and for UT I would be looking into the Financial Analyst Program. I already have experience through internships and have managed six-figure portfolios for over four years. Cost is a factor but isn't a significant factor (upper middle class). UT and IU are about the same cost while UMich is around 80k more and the other schools have similar costs to UMich.

Thanks for all the responses in advance!

 
Best Response

Current UT student. Agree with others that Michigan has better placement for NY IB. For UT, we are a top feeder for Houston IB and send about 15-20 kids to NY, and 1-3 to SF. For those, we have good representation with the EBs. We have strong ties to Evercore through MDs, with developing pipelines to Moelis (3 SA this year) and Rothschild (4 SA). Also send to PWP, Greenhill, and Lazard NY is on OCR now. Not very strong at BB except diversity program with a few to GS and JP. Also, FAP is too late (junior year) to impact recruiting now. Wall Street for McCombs (WSFM) is the major organization for IB recruiting. Takes about 20-25 kids with 100% placement, and developing ties to PE (GTCR recruiting through the program). Austin is also a mjor pull for McCombs with plenty of stuff to do (ACL/SXSW) and nice weather.

 

If you can get into BHP at UT Austin I'd say do that on cost basis. If cost makes no difference Michigan. Personally don't think it's worth it to pay an extra $80k to go to Michigan, UT Austin will be a ton of fun and you'll get good looks if you network and work hard in school. IU has the investment banking workshop which will also help you get looks at all the major financial firms but UT Austin, especially if you can get into BHP, is a cut above IU.

 

If I don't get BHP 2nd year which university would you say has more opportunities for working in New York in Investment Management (main goal). UT and IU are very close in costs and right now I'm unsure whether which university is truly worth going to. IU's Investment Management Workshop is very enticing and the placement from what I've heard is phenomenal. I've also understand that McComb's overall is a marginally better program than Kelley.

 

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