<p>Just got accepted to both business schools at Wash U and UNC Chapel Hill as a transfer student. If you had to pick between the two (I also applied to Penn-Wharton, Georgetown, NYU, Boston College, UT Austin, and UVA, but they won't tell me my decision till mid-may.), which one would be better to break into investment banking or hedge fund management? I know Penn and the schools I haven't heard from yet give me a much better chance, but I want to anticipate rejection from all those other schools and play the worst case scenario. Thanks in advance for the help!</p>
<p>I don’t think undergraduate degree matters much for hedge fund management job. It does however depends on the previous IB job you had. WashU is not like big in IB world. We have quite some students going to big IB banks, but I don’t think many of them are really doing IB work. Go with UNC. It has bigger alumni network and its location should give it an edge over WashU.</p>
<p>how/when did you find out you were accepted?</p>
<p>What school do you currently go to?</p>
<p>UNC posted my decision on its website on April 10. With Wash U, it depends on when your application was complete according to Wash U. I submitted my application relatively early. Wash U put my decision online on Friday, after I called and asked when it would be up. Hope this helps!</p>
<p>thanks for the info. are you currently a sophomore?</p>
<p>Soundwave is correct. Undergraduate schools are not key factors in breaking in to jobs in sophisticated finance. Think, write, analyze. Economics is probably a better major than business. Hell, math or chemistry may be a better undergraduate major than business.</p>
<p>Ruppy - I’m curious as to why you say that. Do you mean “sophisticated finance” specifically? Not disagreeing necessarily, but business students at WashU do enormously well comparatively (compared to, say, WUSTL artsci).</p>
<p>The latest stat is 98% of Olin graduates have jobs within 3 months of graduation. No idea how much of that falls under finance, but I can count at least a dozen 2012’ers I know for a fact started out at >6 figures on Wall Street.</p>
<p>Neither is a target school. Anyone can make up BS stats or mention outliers, but the reality is you’ll have to network your tail off at either school and get solid grades to get into a bulge bracket. For just i-banking, UNC is a fantastic school and you’ll have the time of your life. I can’t see anything appealing about Wash U for business.</p>