I'm attending the University of Alabama, next year.

My long term goal is to start my own hedge fund. To do this, I want to get into a front office role, out of college. Alabama has had terrific placement, for their finance grads (they sent me an email with a list of companies and how many grads were accepted, to these companies, in the last year). There were many BB and banks in general. I've seen regional boutiques hire Alabama grads. Plus, Alabama has an Investment Banking Academy, as well as other investment management/finance organizations. It's a terrific and underrated school.

 
Best Response

"terrific placement" is a real stretch. A quick linkedin search will show you that almost all BB hires from Alabama are for back office roles, and even those are exceedingly rare. Maybe for southern boutiques and some MMs Alabama might place better, but if you are interested in NYC/Northeast take Fordham in a heartbeat, especially if you have full tuition at Fordham... The only way this should be a debate is if you have full tuition at Alabama/Miss vs 100k debt at Fordham, and even then there wouldn't be a clearcut decision. Go to Fordham, get a 3.7+ and network effectively, and you should be fine.

 

"Almost all" is absolutely not true. Go on LinkedIn and type in "investment banking university of alabama" and turn on the "university of alabama only" filter. More than a thousand matches. Albeit, some are from the graduate school and some have it in their past.

 

I second this, if you need grad school to break in then not having any prior debt will be huge. None of these schools will give you a great shot at placement and all will require significant hustle so you might as well save your money.

Array
 

if you have full tuition, it's a cost neutral. here's my thoughts:

MSU - no fucking way

fordham should be your #1, only reason to consider bama is if you end up at Stephens or something like that, plus the girls there are incredible. just know that coming out of bama will be an uphill battle almost anywhere.

what state do you live in? I'd imagine if bama's given you a full ride as has fordham, you could get help at somewhere better academically like UVA, UNC, Vandy, etc, and still stay in the south

 

Porro dolore aperiam et nemo. Repudiandae qui voluptas unde. Officia minima rerum ut velit eum vel reiciendis nisi.

Placeat sunt voluptates atque et. Sit eaque adipisci perferendis sit tempore exercitationem. Ullam facilis quisquam incidunt id nulla.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”