When comparing UCLA and WashU for investment banking (IB) recruiting, each school has its unique strengths and considerations:

  1. UCLA:

    • Limited School Support: UCLA does not provide extensive resources for students aiming for IB roles. The school has a program called Sharpe Fellows, which selects about 20-25 sophomores, but beyond this, students largely need to rely on online resources and club activities.
    • Club Importance: Success in IB recruiting at UCLA is heavily dependent on involvement in key organizations and programs. Being part of influential clubs or programs like Sharpe Fellows significantly boosts your chances of securing an IB offer.
    • Professional Development: There is a perception that UCLA does not prioritize professional development as much as some other schools, which might affect the overall support and guidance available for breaking into IB.
  2. WashU:

    • Improving IB Recruiting: WashU has been noted for its improving statistics in IB recruiting over recent years. The school is becoming increasingly recognized in the IB community.
    • Small Class Sizes and Prestige: WashU offers smaller class sizes and is generally considered the most prestigious between the two, which can be beneficial for networking and personalized career support.
    • Grad School Aspirations: If you are considering grad school post-undergrad, WashU's strong academic reputation and the enhanced experience it offers can be advantageous.

In summary, while UCLA requires students to be more proactive and reliant on clubs for IB opportunities, WashU is noted for its rising prestige and effectiveness in placing students in IB roles. Your decision might also weigh on personal preferences regarding school size, support structures, and long-term educational goals.

Sources: UCLA Undergrad for IB Recruiting, Undergrad: WashU vs IU Kelley vs UVA vs UNC Chapel Hill, UMich Undergrad For IB Recruiting, UVA Undergrad for IB Recruiting, UVA Undergrad for IB Recruiting

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

Can speak about UCLA a bit since I went there. UCLA as a school doesn't really offer anything that will help you out with recruiting, but there are finance clubs on campus that can help you get a leg up on recruiting. Recruiting from UCLA is getting better now thanks to the clubs and the alumni from them placing in to IBs and I think the Undergraduate Business Society (UBS) club hosts a career fair that IBs send people to. When I was a student I think UBS, Bruin Asset Management, and DSP (business frat) had the best placement into IBs.

Something to keep in mind is that UCLA is on the quarter system, so timing for when the summer analyst program starts might overlap with the last couple weeks of class in the spring quarter. Recruiting for summer analysts is now in your sophomore year spring so that isn't an issue, but I remember when I was in college recruiting started in the fall of junior year and it started before the UCLA school year started, so some firms didn't do OCR at UCLA.

Assuming you're a business econ or econ major, it's helpful to take the beginner accounting classes (management 1a and 1b) early because you'll learn about the financial statements which will help with getting through technical interview questions. Other than that there aren't really any finance classes you can take before summer analyst recruiting starts. There's a handful of upper div econ classes that cover finance stuff but I don't think you'd be able to take them until your junior year given the pre-reqs you'd need to finish first.

UCLA should get looks from west coast offices of IBs but recruiting for NYC offices might be harder unless you network hard since you're competing against Ivy Leagues/NYU. Just keep in mind that west coast offices usually have smaller teams than in NYC so hiring needs are less, and you'll be competing with kids from other west coast schools like Stanford, UC Berkeley, USC, etc.

 

Est occaecati ut reprehenderit molestiae qui. Reiciendis veniam enim sed est. A nulla veniam eum voluptas facilis et. Eum deserunt pariatur officiis.

Atque et soluta repudiandae aperiam voluptas ad officiis. Et voluptatem occaecati molestiae iste placeat dicta quos. Veritatis assumenda et velit eaque sit.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”