Hey y’all, I am a high school senior from AZ and an international student (H4). I am having a difficult time picking between these two and wanted to seek out some advice.
My goal would be to end up in investment banking but I would be fine with other corporate finance roles. My question is which has better career odds, especially considering my international status.
For cost, ASU is way cheaper but my parents are willing to pay for both. I wanted to know if Kelley has a good ROI and if it’s worth $200k?
You might check some of the career programs coming out of college - i.e. on some of the banks websites to see if they’ll sponsor international students.
I think most will tell you IU will be your better odds but in many careers, companies won’t sponsor folks and you can likely get a good flavor for that up front by checking some of the bank career websites for their entry IB jobs. Most will likely state they won’t sponsor on other corporate roles.
Some may offer open houses or other types of events… Not sure if this second link will work…just a sample.
And I imagine, global organizations - perhaps you’d make a connection that might work here…or elsewhere.
OK - just one link works but then click on undergrad and MBA and they have a Virtual Insight Series that might be of longer term interest.
One other note - contact each school’s career center - and ask for banks/firms who recruit on campus, etc or who they have graduates at in roles similar to what you seek.
I’ve also put a link to ASU info on Investment Banking.
Kelley would be better than ASU for IB. For any banking, fairly equivalent.
BUT as an international student, you won’t be able to get an IB job in the US because banks won’t sponsor junior staff (it will be difficult for any banking job really). See this post here, from CC’s IB expert:
I am happy to answer any questions specific to IB.
Unfortunately you would not be a suitable candidate to be sponsored by an IB unless you have a specific skill that couldn’t be sourced locally. This will make it very tough to remain in the US post undergraduate on a visa for an IB.
IBs typically will not post on their websites regarding such issues as it is a matter of immigration law not company policy or preference.
You were specifically directed to a BNP summer internship. Please be aware that just because a bank is a global bank and interviews on campus, it doesn’t mean that it hires internationals for US employment.
The immigration laws apply to all industries so I would suspect it is a universal challenge but would defer to others first hand experiences in the industries you are asking about.
What many students in your situation do is take IB jobs from international banks in their home countries where they gain specific and unique skils. Once they have that experience they have an opportunity to pursue roles in the US and are often sponsored by their global banks.
By Yueqi Yang and Dimitrios Pogkas, Bloomberg Big banks in the U.S., which have been seeking to hire more foreign workers in recent years under the H-1B visa program, are now being forced to reconsider their approach after the Trump administration…
Est. reading time: 5 minutes
This is the criteria…
“Hold a U.S. bachelor’s or higher degree required by the specialty occupation from an accredited college or university. Hold a foreign degree that is the equivalent to a U.S. bachelor’s or higher degree required by the specialty occupation from an accredited college or university.”
The key words are “specialty occupation”. A generalist analyst would not match the criteria.
I would avoid the temptation to simply google job postings and outcomes at I banks and schools and extrapolate them to your situation. Unfortunately your situation is more nuanced and requires a deeper dive
