Michigan Business v. Northwestern Economics

<p>I am interested in the brutally competitive field of investment banking. Would I be better served to go to Northwestern (if I get admitted) and take Economics there and try to get a job in Chicago with an investment bank, or if I get accepted into Michigan and eventually the undergrad business program would that be good also? What are the pros and cons of each?</p>

<p>I was faced with your decision 12 years ago and picked Michigan. There really is no difference between the two in terms of reputation and quality. Both are awesome universities. </p>

<p>Econ Michigan = Econ Northwestern. I would say that the Michigan B-School has the edge in terms of placing students in the IB field. Michigan's B school graduates roughly 300 students annually. Of those, 30 end up at the Big 3 (Goldman Sachs, J. P. Morgan and Morgan Stanley). Another thirty or so end up at UBS, Citigroup, Lehman Brothers etc... So obviously, Michigan Business is pretty direct. Here's a list of where Michigan's 300 BBA graduates ended up last year:</p>

<p><a href="http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm?StudentType=BBAGrads%5B/url%5D"&gt;http://www.bus.umich.edu/EmploymentProfile/TopHiringCompanies.htm?StudentType=BBAGrads&lt;/a&gt;&lt;/p>

<p>As you can see, no shortage of IB opportunities for Wolverines!</p>

<p>But it really depends on your presonal style. Which of the two schools fits your presonal style better?</p>