Transferring Out of UT

<p>Is anyone else planning to transfer out of UT? I'm going into the honors program this fall, due to a 1-year full scholarship. But I fully intend to leave after one year. </p>

<p>i'd just like to see if anyone else is planning to transfer after 1 or 2 years, and the reasons why</p>

<p>I plan on transferring out in 1-2 years to attend NYU. It was the school I originally planned on going to, but due to financial aid, I will be going to UT for two years. I think that after two yrs, I will be able to take on the financial burden of going to nyu. Or, I might just go to NYU for grad school. It's all kind of up in the air as of now.</p>

<p>I just don't understand how anyone could go to a four-year university for 2 years and grow no sort of affinity for the school whatsoever. NYU is definitely not worth the cost difference compared to UT unless there are extreme emotions involved.</p>

<p>
[quote]
I plan on transferring out in 1-2 years to attend NYU. It was the school I originally planned on going to, but due to financial aid, I will be going to UT for two years. I think that after two yrs, I will be able to take on the financial burden of going to nyu. Or, I might just go to NYU for grad school. It's all kind of up in the air as of now.

[/quote]
</p>

<p>A close friend of mine had a similar decision and ultimately went to UT and will focus on going to NYU for grad school (she wants to attend law school). </p>

<p>I'd try to keep and open mind and see if you like it, Austin is a great city, very artsy, great music scene, tons of NYU-type kids.</p>

<p>i expect to completely like Austin, the campus, the people, the workout facilities, and the weather.</p>

<p>however, the profession I wish to go into requires that you are from a "top school" (it's written in the postings for jobs) and UT is not a "top school." I don't believe that UT would ever be regarded as a top school, and many national companies do not recruit from UT.</p>

<p>is NYU a top school? personally I feel that it's very overrated and the academics are comparable to UT</p>

<p>i'd like to know who doesn't think UT engineering is a 'top school'. It consistently is ranked well and seems to have many successful grades (from what I've seen after a year). Considering it has one of the largest career fairs in the U.S., i would like to disagree with you, mjoe.</p>

<p>Also, my guess is that after a year you will not want to leave UT.</p>

<p>aceestrin - most of the people who think UT engineering isn't a top school go/went to A&M :)</p>

<p>how unfortunate</p>

<p>
[quote]
however, the profession I wish to go into requires that you are from a "top school" (it's written in the postings for jobs) and UT is not a "top school." I don't believe that UT would ever be regarded as a top school, and many national companies do not recruit from UT.

[/quote]
</p>

<p>I'm not trying to be super defensive of UT or anything but I'll tell you that business students from the class of 2006 went to front office positions at Lazard, Goldman Sachs, Greenhill, Bain & Co, Boston Consulting Group, DB, UBS, MS, and ML. These aren't easy jobs to obtain.</p>

<p>If you want a job in a industry where there is a high concentration of those jobs in a geographic area, i.e., investment banking in the NY area or technology in Silicon Valley, it would be easier to be hired if you go to a college in that area. If for no other reason than it is more cost effective for the companies to send interviewers to recruit at locally and to bring local candidates to the company for follow-up interviews. Someone who is not at the top of the class will have better chances of being hired locally. </p>

<p>However, someone at the top of the class should not be limited by geography. If a company wants to hire top talent, they will recruit at the better schools. UT's business and engineering schools certainly would be considered among the better schools because of their selectivity.</p>

<p>Also, with the number of NMS finallists at UT, someone who is at the top of the class at UT would have likely been at the top of the class at NYU as well.</p>

<p>
[quote]
If you want a job in a industry where there is a high concentration of those jobs in a geographic area, i.e., investment banking in the NY area or technology in Silicon Valley, it would be easier to be hired if you go to a college in that area. If for no other reason than it is more cost effective for the companies to send interviewers to recruit at locally and to bring local candidates to the company for follow-up interviews. Someone who is not at the top of the class will have better chances of being hired locally.

[/quote]
</p>

<p>You're actually a bit wrong about this. A lot of computer science and engineering types are hired by Microsoft to work over at their HQ in Washington. Many of the DB hires are sent to NY, likewise with the Lehman Bros hires, same with the Greenhill person. Some of these people are towards the top end of their class but some aren't. UBS for instance hired a 3.5 GPA student (not business honors either).</p>

<p>dcfca, perhaps I didn't make my point very well. Because it is more cost effective for a company to hire locally, the chances of getting an on campus interview and getting invited for a follow-up interview are better - not that companies only hire locally.</p>

<p>For example, if a company in NYC wants to interview a candidate at NYU, they just have to send an interviewer over in a cab. Same with bringing a candidate back to the company for an interview. No airplane ticket, no hotel, no transportation to/from the airport. They don't have to convince the candidate that NYC is a good place to live. Also, minimal relocation expense if they hire the applicant.</p>

<p>As such, local candidates don't have to be as impressive to get a follow-up interview. With the hiring expense of thousands of dollars, a company will be more selective about candidates from outside the local area.</p>

<p>Let me put all of the "you need to go to school in the area to have a chance at a job in the area" talk to rest.</p>

<p>My father is a graduate of UT Engineering. Directly out of college, he got a job with the US government as an engineer. They offered him his choice of location, from Germany to Washington State to a little town in Arizona (it was little back then, not anymore) called Sierra Vista. He chose to remain in Texas as it is his home state. </p>

<p>And to those who question the quality of a UT education, especially one from the engineering school, let me just say this: Remember all the helicopters that were crashing at the beginning of the Iraq war? They were crashing because sand was getting in part of their engine. Guess who fixed that problem.</p>

<p>
[quote]
dcfca, perhaps I didn't make my point very well. Because it is more cost effective for a company to hire locally, the chances of getting an on campus interview and getting invited for a follow-up interview are better - not that companies only hire locally.</p>

<p>For example, if a company in NYC wants to interview a candidate at NYU, they just have to send an interviewer over in a cab. Same with bringing a candidate back to the company for an interview. No airplane ticket, no hotel, no transportation to/from the airport. They don't have to convince the candidate that NYC is a good place to live. Also, minimal relocation expense if they hire the applicant.

[/quote]
</p>

<p>Okay. Fordham is in New York. McCombs is in Austin. Who has a better chance at landing a career in banking? the UT student. Your geographic location bit doesn't make enough sense because when you're looking at top companies they're willing to go the distance for talent. Do you really think Goldman Sachs will care about a plane ticket when their earnings per employee (even counting janitors, doormen, etc) is somewhere around $500,000?</p>

<p>The only companies who would complain would probably be small ones that aren't in a great business, but for most everyone I know -- grabbing a job in NY isn't hard at all. Along with the business school kids and engineering kids, the advertising majors are able to get jobs at big ad firms in NY.</p>

<p>Are you even in college? Have you been around to witness recruiting first hand?</p>

<p>I used to recruit for Texas Instruments at the U of Michigan and Cal-Berkeley.</p>

<p>I don't dispute that NYC companies will recruit at UT. Take the time to read my comments carefully. I recognized UT as a top school for business and and engineering. But the fact remains, that a NYC company, even the top investment banks, will invite more NYU applicants for follow-up interviews than applicants from UT because of NYU's proximity.</p>

<p>
[quote]
I don't dispute that NYC companies will recruit at UT. Take the time to read my comments carefully. I recognized UT as a top school for business and and engineering. But the fact remains, that a NYC company, even the top investment banks, will invite more NYU applicants for follow-up interviews than applicants from UT because of NYU's proximity.

[/quote]
</p>

<p>NYU is also ranked 2nd in the nation for Finance.</p>

<p>If your proximity case were true then why does Lazard rarely bother to look at NYU students, when clearly NYU is right at their doorstep. Instead they tend to recruit mostly at schools outside of New York such as UMichigan, Harvard, Wharton, etc.</p>

<p>Additionally, would you then say that a Harvard, UMichigan, or Wharton student is at a disadvantage since they are not in New York?</p>

<p>Getting back to mjoe's OP, you are right on. If your objective is to work in NYC, definitely transfer to NYU when your one year scholarship runs out. It will give you an opportunity to see if you really want to live in NYC. </p>

<p>If you decide that NYC is not to your liking, according to dcfca's logic, you should have no problem getting a job somewhere else because NYU Stern is much higher ranked for finance than McCombs.</p>

<p>
[quote]
NYU Stern is much higher ranked for finance than McCombs.

[/quote]
</p>

<p>Hahahahah if 3 ranking spots is considered "much higher" (source: USNEWS)</p>

<p>kcirsch, you're right. Rankings are all relative. Mack Brown thinks that one ranking spot is a big deal. Pete Carroll doesn't.</p>