Neither of those schools are targets, so it will be up to you to network and apply to get to a good firm. Because of that fact, location is the number one most important factor. Minnesota is closer to NYC/Chicago while Utah is closer to California, but if you want hedge funds NYC is better.

You need to think of it this way: Which location makes more sense to fly out to do interviews? The people who are at non-targets will book an entire week during the school year to do interviews and recruiting, so based on these facts, which school makes more sense to you?

Personally, I'd go to Minnesota b/c Chicago is decent and NYC is king.

 

OSU is a massive school with a very well known athletics program, so I'd definitely go there. In interviews, you can always talk about OSU's sports teams. The location rationale still applies. While OSU has so many alums, it might be harder to actually sort through all the names to find someone who is willing to talk to you. I don't know how well U of Minnesota is known in Chicago, but at least everyone in the country has at least heard of Ohio State.

 
Most Helpful

I definitely agree with LeftArmMonkey on choosing Minnesota over Utah.

Carlson holds a stronger business school brand compared to Utah as you stated. The brand will definitely help you in the future/initial job to say the least.

As per Placement and salary - Neither of the schools post an actual employment report to give us a more in-depth look. Carlson does provide the recent overall placement for 2017, which shows 53% in financial services. Now be vary, that is the industry, not the actual function. You may also want to note that from a class size of 90 students at Utah, the average age is 28. This means most of the students coming in have previous experience. Previous experience results in higher $$$ after graduation. Carlson's average age is 24 from a class size of 24. That tells me that the average student has little to no experience, resulting in lower average $$$.

Now looking at your dream of going to IB in BB. Let's talk about Carlson's MBA, as it is much more powerful than the MSF itself. From the last years report, 69 students were looking for employment. 19% went into financial services. That is 13 students from the whole class. Since it doesn't go deep in detail for the finance functions, it is hard to guess how many students actually go into IB, that also in BB.

Honestly, I will say that you have to be on your A game for networking to get into IB from either colleges. These are non-target schools for IB.

Get some experience and go for an MBA, or go to a higher ranked MSF.

To choose between the two, I will go with Minnesota.

 

Dignissimos deleniti perferendis voluptatem rerum reprehenderit. Odit culpa sint at sed possimus harum et.

Et ducimus ut hic. Numquam in neque sit expedita eos non iste. Illo ut mollitia cupiditate. Autem iusto reprehenderit dignissimos dolores distinctio rem qui nobis.

Odit repellat magnam a aliquam. Ipsa officia sed facilis illo expedita autem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”