<p>Hiii all!</p>
<p>I was wondering which of these two would be better for undergraduate finance provided i got into both. I'm already in at uiuc and expect to get into ut Austin (both are considered safeties). One advantage that uiuc has is that i am still in consideration for the honors program at uiuc. Conversely at ut, i missed the honors program deadline, so i will bit not have a chance at that.</p>
<p>Discuss..</p>
<p>Sent from my XT897 using CC</p>
<p>also… i’m OOS to both colleges so i’d have to pay the respective tuitions</p>
<p>I think their finance programs are about equal. UT austin may be ranked slightly higher, but I believe UIUC does extremely well in job placement in Ibanks and such (Due to chicago). I would visit both schools and go with fit.</p>
<p>so if i get into the honors program at UIUC, it would be a no brainer to go there, right?</p>
<p>It should sway you in that direction. It really depends on the advantages of the honors program (I don’t know them off the top of my head). I would definitely look into which college you would prefer outside of academics.</p>
<p>well i haven’t visited either yet. maybe if this is what the choice boils down to, i’ll visit both and decide. anyone else?</p>
<p>Both are very prestigious in their regions and both have very good business schools (I would say McCombs is better however). I think you should go with whichever you like more.</p>
<p>^would mccombs be better than uiuc business if i’m looking into double concentrating in Financial Engineering and Investment banking?</p>
<p>Both have excellent finance programs. However I give the edge to UT Austin simply because the McCombs brand name carries much further across the country and abroad than Illinois, especially for investment banking. Last time I checked their undergraduate finance program was ranked ~5th.</p>
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<p>lol now i’m really confused. Which one is the true leader? -_-</p>
<p>I would say that UT has a better finance program, and I’d assume that both have very good job placement as their near some big cities, but I don’t think either are at IB level. </p>
<p>Correct me if I’m wrong, but haven’t really heard anything about UIUC being even a semi-target for investment banking, although I would imagine it would have decent job placement as its near Chicago.</p>
<p>Thanks IBtired. Would my career be significantly better off by going to one over the other?</p>
<p>I think McCombs honors sends a couple into Ibanking/consulting not sure about UIUC honors (they probably send a couple too) however neither are really big target schools for ibanking.</p>
<p>how would each school fair in Quant Analysis/Financial engineering then?</p>
<p>Personally, I’d choose UT over UIUC unless you’re positive you want to work in Chicago. It’s obvious that job placement is very geographic, so going to McCombs would be much more likely to place you in a city like Dallas or Austin. </p>
<p>If you’re looking into a city like NYC or Boston, I’d say they might favor UIUC a bit more as its closer, but you’d stand a good chance of getting into IB from UT. If you’d like to work in a city like LA, I’d say you have a pretty equal chance at both schools. </p>
<p>Chances are, for IB, you’d like to head to NYC or Chicago. Because geography will give you an advantage, I’d say UIUC for Chicago and either for NYC or really anywhere else.</p>
<p>So don’t base your decision completely on the prestige of school as long as the prestige of both are relatively similar as these two schools are. </p>
<p>Best of luck.</p>
<p>Thanks IBtired. One last thing. If i were to include Boston College in this faceoff, would you choose it as a winner due to its location? (or any other parameter for that matter)</p>
<p>also, IBtired, do you have an idea about the salary comparisons between UIUC and UT. I know you may find this question in bad taste, but if i go to either of these schools, I will not be debt free (since i’m OOS) and I want to pay it off as soon as possible. That’s the reason I’m asking about the job placement. My plan is to try to make as much as possible to pay off college loans and then perhaps begin an MBA</p>
<p>It sounds like you’re in the exact same situation as I am. I’m only a Junior in high school, but I plan on going to a good school for finance and hopefully going into IB in Boston, NYC or Chicago. </p>
<p>For a while Boston College was my top choice, but I heard something about required religion classes, which I haven’t looked into much, but I don’t like the idea of having to take. I’ve been looking into other options for top schools for finance and found quite a few. </p>
<p>Right now I’d say my top choices would be McCombs (possibly BHP), Lehigh, Villanova, Fordham, Northeastern, Clemson (in-state), Cornell, UVa, CMU, (and probably still BC).</p>
<p>I assume you’re interested in Investment Banking later on also, and you’ll need to go to a top school for that. </p>
<p>I’d say that BC would have priority in Boston or NYC, which is one reason I would consider it. </p>
<p>I wouldn’t say that salaries correspond with a school for just being that specific school. To a certain extent, BC would get higher salaries than UIUC, but I think salaries are more closely related to the employer and location. I think that a Goldman Sachs investment banker working in NYC will get paid similar amounts regardless of their school, once their able to get into IB. </p>
<p>Salary shouldn’t be too much of a concern in IB, in relation to schools. Focus more on actual placement in IB as well as geographic location (NYC>Houston for salaries, for example).</p>
<p>Let me explain my previous comment. I believe UT Austin Mccombs and UIUC business carry about the same brand power nationwide. I believe that UIUC’s location near Chicago is more helpful than Austin’s, though. (Not to diminish Austin’s location by any means). </p>
<p>UIllinois and UT both send students in Investment Banks. I know several students currently attending UIUC who have internships in Chicago IBanks (Merrill Lynch, UBS, JP Morgan, etc). Neither school is ‘highly targeted’. </p>
<p>I’m guessing BC is in about the same boat. They have the best location, of the three, in my opinion. I’m sure they send some into Ibanks but they aren’t highly targeted either.</p>
<p>Here is UIUC’s placement information: [BCS:</a> Business Career Services at the University of Illinois Urbana-Champaign](<a href=“http://business.illinois.edu/bcs/recruiters/statistics/UG_stats.aspx]BCS:”>http://business.illinois.edu/bcs/recruiters/statistics/UG_stats.aspx)</p>
<p>If you did some research, I’m sure you could find some for UT Austin as well.</p>
<p>Let me add, I really doubt that attending UIUC, UT Austin, or BC will drastically effect your chances of breaking into IB. It’s all about how proactive you are and how well you do at each university. I will reiterate - fit is key.</p>
<p>BC meets 100% of needs… not sure how much UIUC and UT do for OOS aid.</p>