Undergrad - UT Business Honors Program vs Georgetown McDonough School of Business

This is my first post on WSO, so I apologize for any naiveté. I'm a high school senior in Texas and have been accepted to University of Texas Business Honors Program and Georgetown McDonough School of Business. I have my eyes on a career in investment banking - Wall Street or somewhere in that area. Georgetown costs significantly more however my parents will be willing to pay more if they feel that Georgetown is worth it. In terms of overall prestige, job placement, and quality of education – which school would be better? Right now, I plan on pursuing finance and on a Bloomberg Business ranking system, Georgetown undergrad was #1 for finance and I’m not sure how accurate that is.

Which would be best for banking in NYC? UT's BHP would definitely place well in Texas, but I’ve heard it doesn’t hold much recognition in the Northeast. Does Georgetown have innate advantages over UT because of its location in Washington D.C. and extensive connections through the alumni network?
Thank you for your time and input.

5 Comments
 
Best Response

If you're open to working in Houston/Texas, I would say that they're about equal. If you're dead set on working in NYC or the East coast, Gtown might be better.

However depending on how much money you are being offered vs. not being offered, it still might make sense to stick with McCombs. If you really kick ass and are at the top 10% of your class, you'll have no problems getting interviews anywhere. Also, Gtowns Bschool isn't much better than it's general undergrad/foreign service school, if at all.

 

From a recruiting standpoint you will have a good shot at New York from UT if you're in the BHP. I know a couple alums of that program in top groups in New York. Georgetown probably is better for New York recruiting but I would say that given the additional cost of going to Georgetown that UT Austin would be the better choice.

Bonus points for UT: Sports. Football and now basketball. Shaka Smart should be able to put out a basketball team as good as Georgetown

 

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