UT CBHP v. UCB GMP v. Rice?

I've been admitted to UT Business Honors, UC Berkeley (Direct Haas admit thru the Global Management Program), and Rice (Social Sciences/ Econ.)
I am in-state for Texas, so the cost difference is substantial, with UCB out-of-State and no scholarship from Rice. (UT 30k/yr, UCB GMP 70k/yr, Rice 70k/yr).
My primary goal after graduation is IB (BB/MM/EB). But, I am looking into Consulting & Tech.
Would I be missing out on anything by attending UT over Rice/ UCB? Primarily finance/ IB placements and regards to admissions to a top MBA (T10) after a few years of work experience.
I am really appreciative! Thank you! Also, I've been waitlist to Northwestern and Brown for additional context.

Comments (14)

Mar 28, 2020 - 11:06pm

current student at UT (non bhp) and would 100% recommend UT. BHP is necessary for pursuing consulting but not needed for investment banking. Being an instate student will be more than worth it price wise compared to Haas. There are also direct pipelines to New YorkThTherare also are also

Funniest
Apr 5, 2020 - 5:11am

not with all those fucking question marks

Buying tesla weeklies is literally free money.
  • 2
Apr 5, 2020 - 3:26pm

Yes, I knew many people who got NY offers without being in BHP. I'm sure you could also confirm this through LinkedIn. BHP is really only relevant for consulting (MBB).

Array
Jun 7, 2020 - 1:50am

I'm a non-Bhp student in McCombs that just got an offer at a bulge. there is a direct pipeline to NYC... not to mention control over all the banks in Houston

Array
Most Helpful
Mar 29, 2020 - 12:27am

Part of this from a comment I wrote on another thread discussing UT FYI

I can speak to UT, but am not as familiar with other schools. BHP is a phenomenal program (firsthand- I would not have attended/chosen UT if not for BHP) but it also doesn't really matter for IB (but MBB only hires BHP out of mccombs fwiw). What generally matters is getting into investment groups and the two IB feeder orgs on campus (IBA/WSFM). Some recruiting teams seemingly exclusively recruit out of the IBA/WSFM resume books.
Placement Evercore NY is pretty into UT, there are several senior MDs who are alumni, and consistently like 4ish? (estimating here) SAs in the NY office. Other SAs at GS/JPM/Moelis/PWP/Gugg in NY (also some Rothschild/PJT recently/Jefferies/Greenhill thrown in there occasionally), pretty much every bank in Houston, couple kids in SF (GS, Qatalyst afaik).

I'm not really familiar with Haas GMP or Rice (though Rice doesn't have great street presence. maybe fares better with Houston banks), but I'd say for the value/price, you can't go wrong with BHP.

Array
  • 5
Mar 29, 2020 - 6:28pm

Thank you all for the insight! I'm heavily leaning towards UT CBHP. But, I've a follow up question.

Are the two pipelines (IBA & WSFM) primarily used for NY placements?
I'm hoping BHP/ networking/ financial technicals prep can get me into these, but I'm aware that WSFM has roughly a 15% acceptance rate (150 apps for 25 slots)

If I'm unable to join these clubs, will I still be a target for Houston banks, but have a harder time securing NY/SF interviews?

I'm really appreciative of everyone's help in narrowing down my school choice!

  • Intern in PE - LBOs
Mar 29, 2020 - 7:42pm

I'd say that's accurate. Regardless of your program affiliation, you could easily still network into Houston/Dallas banking if you have a good GPA/personality. I think NY also there are instances, but the recruiting tends to go through the bigger organizations a bit more.

In regards to your first question (unless you want to do West Coast IB or Consulting), UT is the easy choice here. Rice shouldn't be in the picture really given your goals.

Mar 29, 2020 - 9:41pm

You'd still be a target at Houston banks if you didn't get in, but I'd say the IBA kids might have some priority over non-IBA just because their names/resumes get sent to the Houston banks. While it might be harder to get NY interviews, there are definitely several people I know of who have gotten into NY without being in IBA or WSFM (at top banks, too). So, while it's probably easier to land a spot in those orgs, it's definitely not impossible to do so without them - just make sure to network/work hard/polish interviewing skills/have technicals down.

Array
  • 2
Mar 30, 2020 - 12:17am

I'd go with UT BHP, it can still get you to where you want with a fraction of the sticker price. Just be intentional early on about NYC IB etc and build your experiences to that. BHP and Plan II are the cream of the crop UT and are very respected even outside of Texas circles. Coming from a UT- non BHP grad that works in strategy at tech firm in SF.

  • Prospect in IB - Gen
Apr 5, 2020 - 5:21am

UT hands down. Places extremely well into NYC banking (and Houston as well if you end up going that route).

Hard for me to say this as a Rice undergrad, but it's true.

Apr 14, 2020 - 8:18pm

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