<p>you two are right; it's 60 per year, i got my numbers wrong. </p>
<p>still, that's a pretty good ratio.</p>
<p>gimmestanford, no problem. I hope you make the right decision. And I strongly agree with theoneo's statement on finance/Penn.</p>
<p>I heard all the hype going in to this school, but until you really immerse yourself in this place, it's hard to really understand just why firms respect the school's recruits so much.</p>
<p>haha and this is my favorite true story (I was there) about why one would want to go to Wharton:</p>
<p>Morgan Stanley (Asia Pacific) was here recruiting. Now, MS (AP) does not recruit at most other schools, so sometimes you will see kids form other universities travel here for the recruiting sessions.</p>
<p>There was a guy from Carnegie Mellon's Tepper School of Business at the Penn session for Morgan Stanley. He was clearly trying to distinguish himself, so in front of the entire lecture room, he asked a question in this "i'm smart" kind of manner:</p>
<p>"So, Morgan Stanley has a group just for Asia coverage, which seems to be unique to Morgan Stanley. How does this affect your profits?"</p>
<p>Managing Director from Morgan: "First of all, that's a horrible question. When you come to information sessions, you should know something about the company. The fact that you don't and you asked that question reflects poorly on you. Furthermore, what we do at Morgan Stanley in terms of coverage is not unique to us, most banks do it like that.</p>
<p>You must not be from Wharton, what school are you from?"</p>
<p>Wow, epic fail for that kid.</p>
<p>In general, Stanford is ranked better than Penn. It also has the most beautiful scenery(YouTube</a> - stanforduniversity's Channel), better than Penn at sports, better than Penn at tech, and significantly better than Penn in dorms.</p>
<p>If you can afford Stanford, and if you want to go there, please do so. You'll receive more or less the same education and the West Coast has fantastic weather. Coming here will only depress after the first few weeks. But that's just how East Coast is. Stanford has higher yield rates and MUCH lower acceptance rates.</p>
<p>I've seen enough people at Penn who can't bear it here and just want to go back to California because they're not used to the crass East Coast lifestyle. One of my colleagues is in fact trying his hardest to land a job at Stanford so he can go back to California.</p>
<p>The last thing Penn needs is more depression. Penn's already been going down the rankings significantly after loosing a billion and having quite a few less applicants this ED year.</p>
<p>However, if you want to land a high-risk, high-paying job in the Finance sector, Penn's the place to come. If you want to start off gradually going from mid-paying to high-paying, Stanford is the way to go. It all depends on where you're looking to land a job and where you can envision yourself living in the future. Academically, they're both more or less the same. </p>
<p>Research wise, Stanford completely destroys Penn on all aspects except for business-related research.</p>
<p>It's all truth. But, I'll give you one point Penn has against Stanford. Penn is much more integrated in its liberal arts/engineering/business programs than Stanford is.</p>
<p>Don't make a decision you might regret.</p>
<p>ah, i think penn beats stanford on biomedical research</p>
<p>Penn and Stanford are actually pretty even on research across the board. Stanford has the slight edge in academics. But choosing Penn/Wharton, I feel would not be a mistake for the OP because Penn is somehow inferior to Stanford, but because it is obvious that Stanford is what the OP has been wishing for all this time. That's why he should go there.</p>
<p>"Penn's already been going down the rankings significantly after loosing a billion"</p>
<p>Um Harvard lost 8 billion. The other Ivies will probably lose a lot more (% wise) than Penn because we invested safely.</p>
<p>Lauke if you hate penn so much transfer to penn state. Everyone I know loves it here.</p>
<p>Alright, this warrants a reply.
@kshul4444: I work at 1 College Hall. Can't exactly "transfer" to Penn state.</p>
<p>It's truth. Penn has lost a billion. Harvard lost 12 billion. Penn's net worth is 6 Billion. Harvard's net worth is 50 billlion. Penn lost more percentage wise.</p>
<p>Don't botch the results. We don't really need more "unsure" applicants who are accepted and go to Stanford, lowering our yield rate.</p>
<p>^^^
Can you expand on the relationship between net worth and endowment? Because I remember reading Harvard lost $8 billion on its endowment, which stood at $35 billion before the drop.</p>
<p>I stand corrected. I was accidentally mixing up figures from endowment per student and net worth.</p>
<p>Regardless, Penn's investment isn't considered nearly as safe as many other universities by Penn professors themselves. One professor even made a joke about how Penn should invest in investors before investing in the market. On the other hand, former Harvard President Lawrence Summers is going to be the head of the National Economics Council when Obama becomes president. This has absolutely nothing to do with why I wanted him not to apply to Penn.</p>
<p>Harvard lost 8 billion (I stand corrected - thought they lost 12), which is more than Penn's net worth. That doesn't really matter. Harvard is Harvard, Penn is Penn.</p>
<p>I never said I didn't love it here. I'm just saying, for a person whose name is "GimmeStanford," who wants us to convince him to apply to Penn, not applying to Penn is probably beneficial for the both of us. HE's not going to love it here.</p>
<p>Well, Harvard has lost $8 billion since June 30th. Yale has just reported it's endowment took a 25% hit from where they were. I don't believe we've heard from Penn yet. The last news was that the endowment dropped 7% after June 30th (an article published on October 7th), and that the endowment had dropped 3.9% from $6.6 billion to $6.2 billion before this new seven percent figure got thrown in. Will the university release any more info soon?</p>
<p>I read that the endowment was down ~ 10%,</p>
<p>The REAL difference between Penn and the HYPS schools (aside from Penn's severe awesomeness advantage) are that these schools were accustomed to spending lavishly from their huge endowments. Princeton depended on its endowment for almost 1/3 of its annual budget. Yale depended on its endowment for almost HALF of its budget. Penn, however, due to the smaller size and crappier performance of its endowment, has not gotten into the habit of depending on its endowment, and last year its endowment accounted for a measly 7% of budget. Penn must trim costs, of course, but not nearly to the same drastic extent as HYPS do.</p>