Transferring decisions

Hey all,

So I was admitted as a transfer student to the University of Michigan and the University of Virginia, and I'm incredibly torn as to which one to go to. I realize that there are a lot of factors to consider in this process, but I've identified and elaborated on some of the highlights below.

Cost is virtually identical
I would be a math major at both places (math with a concentration in finance)
I live in Chicago right now, and I'd want to work in either Chicago or NYC after graduation
I want to get involved in trading/HF after graduation
Time to graduate would be identical
I don't really have close friends at either university, and I'd be starting over socially at both places
At Virginia I would be a BA, at Michigan a BS
Where should I go and why?

 

Definitely this. Michigan is the quintessential target school for Chicago outside of NW/UChicago. That being said - I have friends who go to both and just finished up this recruiting cycle, both had BB NYC offers.

Going off that - Michigan CAN BE tough if you're not in Ross. My buddy actually wasn't and ended up landing BB SA but that took more effort had he been in Ross. UVA / McIntire isn't a crazy difference between b-school and non b-school and considering you're thinking about trading or HF, I'd imagine UVA would be a better fit. The Ross guys at UMich are still gonna compete w/ you for trading spots even being non-quant majors. UVA you might have a bit of an easier time, but can't go wrong w/ either.

 

Accusantium labore odit nostrum minima non quo. Aliquam consequatur blanditiis dolor et voluptas qui tempora. Harum quo molestias libero quis. Vel voluptas in iste ut blanditiis et nesciunt.

Cumque est autem quae delectus eos. Consequatur mollitia pariatur suscipit quo inventore odio. Sint voluptatem ipsum et hic quibusdam et earum ipsum. Rem aliquid corrupti praesentium et sed quo.

Hic perferendis soluta sapiente recusandae nam ut eveniet. Esse excepturi aut ut suscipit non quaerat tempore. Aliquid consectetur voluptatum quas. Architecto dolorem eaque laudantium repellat itaque quasi sint.

Career Advancement Opportunities

March 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Magnetar Capital 96.8%
  • Citadel Investment Group 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

March 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

March 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Citadel Investment Group 95.8%
  • Magnetar Capital 94.8%

Total Avg Compensation

March 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $85
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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”