Worth it transferring to UVA?

Currently a first yr economics major at a west coast semi-target. I just got into UVA as a sophomore, so I will be applying to McIntire sophomore spring. I know McIntire without doubt is a better choice for east coast banking, but I'm really struggling to make a decision. I'm actively involved in the finance club at my school and have been developing a lot of connections with juniors, seniors and alumni. But I realize the connections will be gone if I choose to go to UVA. UVA would mean a complete new start for me. Considering how accelerated the recruiting timeline is, I simply don't know how much McIntire could benefit me. (assume I get in) I know it would also be harder to find off-cycle internship in Charlottesville than in LA. From a personal perspective, I am from the East Coast and I honestly don't like West Coast. If anyone could chime in and make a few comments, I would really really appreciate it. This is a big decision.

TLDR: dont really like current school but have developed connections. Wondering worth it transferring to UVA

Comments (10)

Apr 27, 2019

Hey HFPE, I'm the WSO Monkey Bot and I am sad to say, but this thread is lonely, so thought I'd post in here to try and help out. Some potential topics that might help:

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  • Worth Attempting to Transfer from Semi-Target to Target? I am currently at a semi-target(BC). I was wondering if it is worth it to transfer to a target ... offer better financial aid than BC, so there's that. Is it worth throwing a few transfer apps out ... target, but this is far less of a jump. It is the end of my freshman year, so it would have to
  • Worth it to transfer? (current freshman)............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. colleg
  • Attn buyside guys, looking at sumzero & value investors club- is it worth it to join? hey guys, thinking of joining sumzero & value investors club, and am open to other ideas. For ... those of you who use these, are they worth it? I guess my concern is that for VIC I don't get a lot ... the time you spend posting/developing ideas isn't worth the benefit. buyside sumzero value ...
  • Michigan vs Virginia for Undergrad I think I might like it better socially at UVA and prefer the warmer weather of Virginia versus Michigan. ... accepted to both Michigan and UVA (as well as UMass-Amherst, but that was a pure safety). I'll be in ... Hey, I'm currently a HS senior. I want to go to Wall Street (well, duh). Early action, I got ...
  • Am I transferring up/ Is it worth it? I am interested in transferring to UVA precommerce then mccintire, UT Austin Mccombs, and UNC bus. ... school. do I have a good shot is it worth it, will it make a difference. does anybody have other ... suggestions My goal is to get into investment banking and ultimately into PE / HF business school ...
  • Transfer from University of Alabama to Virginia? or MM. I would have to take another semester (or possibly 2) to graduate from Virginia and it would ... cost me around 25k more if I were to transfer to Virginia. I was also wondering if I would be at ... 4.0's all but the semester I pledged). I applied to the University of Virginia and got in, but did not ...
  • More suggestions...

You're welcome.

Jul 11, 2019

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Jul 11, 2019

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Jul 11, 2019

If you're a rising 2nd year at UVA you should be applying to the Careers in Finance series during your first semester (this fall) and will know if you got in by the end of November. That's the "insider" pipeline at UVA for undergrads. A black book is submitted with kids' resumes that are selected to go on the trek to all of the BB's, some top MM's, some EB's, and a couple HF/PE's for essentially guaranteed accelerated 1st rounds during your spring of 2nd year leading into summer.

https://www.commerce.virginia.edu/career-services/...
Here is the program. About 100-120 kids will attend the 2-day conference on grounds (you just sign up and go, attendance is tracked), of those 100-120, 30/35 are chosen to attend the Trek (which is what gets you placed in the black book). To get selected you apply with a short statement and must have attended on both days.

It might seem selective but I don't think all ~100 apply for the trek after attending the conference, and it seemed to me like everyone that truly was gunning for IB/S&T/PE got into the Trek.

All that being said, getting into this program isn't necessary. You'd be fine even if you didn't get into it. It just streamlines and makes the recruiting process 10X easier. UVA sends about ~100-120 kids onto the street every summer so there's still plenty to go around after the Trek.

Another thing: You should also note that because recruiting is pushed up so much, being in McIntire is not as important anymore.. Banks come to recruit students at UVA, not McIntire. You won't have any problems getting interviews. It's by no means too late and I would definitely transfer if you could make it work financially.

McIntire is what made/makes UVA a target school for sure, but with the way timelines are now it doesn't matter nor is it necessary. Recruiting begins before students get their McIntire decisions and none are ever contingent on your major. Only saying this so you don't sweat too much about getting into Comm school. A very big chunk of people that go into FO roles from UVA have STEM or Liberal Arts backgrounds.

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Jul 11, 2019

Thanks a lot for the info. Really helpful. 100-120 kids to the street every summer seems crazy lol. Didn't expect that number

Array

Controversial
Jul 11, 2019

FO roles in NYC, not just IB. That'd be pretty crazy

Here's what I found on LinkedIn just for this current SA class for example:

GS: 2 (IB)
MS: 4 (IB, S&T, & ECM)
JPM: 9 (Across IB, S&T, and AM)
Citi: 8 (Across IB, S&T, CB, and CapMarkets)
BAML: 7 (IB, CB)
Barclays: 4 (IB)
CS: 8 (IBGCM, CB)
UBS: 3
DB: 2
WF: 9 (IB and S&T)

That's just the BB's. There's also a huge presence at the EB's and top MM's as UVA is a core school for a few of them.

EVR: 2
Moelis: 1
Lazard: 3
Guggenheim: 7
PJT: 1
PWP: 1
Rothschild: 4
Greenhill: 2
Houlihan Lokey: 6
Jefferies: 5

You get my drift by now right.. already over 70-80+ SA's from that list right now. Once you account for other spots like RBC, HSBC, Mizuho, Stifel, PJ, BLK, etc. you can VERY easily pass 100 UVA kids working in FO every summer. UVA always sends a couple kids to buyside SA as well, there's always 1-2 kids at P72 for example

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Jul 12, 2019

USC would have similar numbers. Given the size of the schools, it isn't really surprising. Still fierce competition for relatively few spaces.

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Jul 12, 2019
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