UT Austin Mccombs vs Berkeley Haas
Hey guys,
I recently got accepted to Mccombs at UT (in state) and plan on majoring in finance. I got into UCB for the Global Management program as well. GMP at Berkeley means that I am a direct admit into Haas. This would give me a Bachelors of Science in Business with a global management concentration. I would like to try and get a job in IB or consulting. I plan on doing an MBA after a few years of experience as well. Cost isn't a major factor.
Thanks.
Haas easily. You have a shot at virtually any west coast bank. Plenty go into consulting as well. Only downside about Haas is that it's a two-year program, and you need to apply as a sophomore, but if you got in as GMP then that's not even a concern for you. Current Haas student btw.
If cost isn't a major factor, then go with Haas. Location, prestige, rankings, career opportunities, academics... They all side with Haas. If you ever decide to double major, Berkeley has stronger programs anyway.
Yes, but also you're going to college to have experiences outside of investment banking recruiting. I would say consider the culture of both schools and how well you fit in. Berkeley can be extremely competitive and depressing (stereotypically). UT could be more fun of a school in certain ways. Just to play a little devil's advocate here, but I think it's important to think about these things
UT McCombs has a great rep within Texas but I anecdotally have seen only 1 alum at the PE/HFs I’ve interviewed at. Berkeley has a much stronger presence on both coasts and I would take it.
Beating a dead horse, but unless you want to work in Texas post-grad I would imagine Haas is a better option. Congrats on your acceptances, keep working hard!
UT Student here, I would definitely consider UT. We’ve been placing well over the past couple years into NYC, including several to Evercore, Moelis, Rothschild, Lazard, PJT, GS, MS, JPM, Blackstone, and Point 72. For consulting, you can get into any of the Texas offices for MBB.
you're gonna have to work your ass off much harder if you go to UT, especially if you want to go outside tx (like ny/sf) for IB/PE/Consulting. even though with UT you can get it if you work really hard and differentiate yourself, it would be much easier path going to Berkeley.
This will all come down to your financial situation and what you want out of college.
Cal and especially Haas will open up more doors than UT. However, you have a pretty clear path to IB/Finance roles at UT even in NY if you get into USIF or TUIT and work hard. Consulting is concentrated in BHP so it’ll be tough as non-BHP. It doesn’t seem like cost is a big problem for you judging from your post, but if both are full cost, Berkeley will be $160k more, which is very substantial especially if you need to take loans.
OP says "Cost isn't a major factor."
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