<p>@ExurKun
I have no idea, unfortunately, because I don’t have the opportunity to interact with many on the Tisch or Steinhardt side of the minor. I don’t know how many kids in Stern want to enter the entertainment field. The TA in my BEMT course last semester had gone through the undergrad program, placed into some major role in the field, and the prof had coerced her back to counsel students. She clearly managed to do what she wanted.</p>
<p>As for justifying one school versus another, I don’t have time to go into all the qualitative areas that differentiate the two schools. That’s something you’ll have to do, or go to WSO where 5 people have asked the same question this week. One of them may have even been you, haha.</p>
<p>@fireman
Yeah, haha. I was recruited to a lot of crappy schools in the South for D-III sports which I turned down to pursue academics at serious schools, but I really miss athletics. I was trying so hard to find out how to enroll for a non-credit course at Fordham so I could play ball there, then I read about his draft and I was like “uhhhh I wanna go play.”</p>
<p>@comment
Well, it’s a bit of a vicious cycle. If you have a poor GPA it’s hard to get internships, and without internships it’s hard to get good full-time placement. GPA is pretty critical, and the best way to pad it is freshman year. You’ll have no hard classes really, so it’s just time to put in work. No other time you’ll have as little to do and as much fun/free time to explore.</p>
<p>@rainfall
The course is called ISP, International Studies Program. It’s a macro course exploring large-scale econ themes, and part of the course involves spending your junior year spring break abroad. It is mandatory, you won’t do it sophomore year, definitely junior year. You can enroll in a traditional study abroad program at any point in your college tenure, but ISP is non-negotiable.</p>
<p>@blizzard
That shouldn’t be too much of a consideration. Saying McDonough is a better option because there’s less competition doesn’t hold water because the options coming out of McDonough will be worse than Stern. Yeah, Georgetown overall is a tremendous school that’s more prestigious than NYU, but for finance, not happening. Recruiting there is far less prevalent and kids there far less motivated to enter business, and to be frank, I think it’s better to be surrounded by like-minded kids who push you to that competitive edge that helps you succeed in interviews, career, and life than it is to be the only kid trying to do banking amidst a bunch of future Congressmen.</p>
<p>@veggiestop
Got exempted from WTE because for 2013 they tried out this policy where if you had an 800 on the English SAT subsection you could skip your entire freshman writing requirement. I did so I skipped it, best decision ever. Everyone else loathed that class and complained nonstop. Funnily enough, they canceled the policy for the following year, making my year the only to have that option. 
If you can get out of WTE, do it. C&C, the course you can place into if you have a 750+, is a far better course overall and it’s much more suited to Stern. You’ll get relevant topics, better teachers who actually care, objective grading rather than subjective grading (i.e. based on skill and effort rather than how much the grad student teacher likes you or not), Stern scheduling (i.e. a class time that fits well with your others instead of something in CAS that throws everything into disarray), and a bunch of other Stern kids who will create a more engaging discourse revolving around modern business topics instead of kids discussing some assigned book no one actually read.</p>
<p>@pqr
You’re actually incorrect. There’s a couple terms: ‘Street’, ‘compensation,’ and ‘all-in.’ Street means the pay that’s competitive on Wall St. for that title, compensation refers to any of the salary, cash bonus, stock bonus, or deferred bonus you receive as payment, and ‘all-in’ is the total value of everything you receive for that year’s work.</p>
<p>Goldman, Morgan, JPM, Citi, CS, DB, UBS, BAML, and BarCap (collective known as the bulge bracket or BB) all pay ‘street,’ i.e. the base salary is the same across the board, otherwise they can’t attract talent. Elite boutiques and MM (middle market) firms also pay street, so firms like Lazard, Houlihan Lokey, Evercore, Qatalyst, PWP, Centerview and many more are all at the same base compensation as the BB.</p>
<p>The variation comes at the bonus, so depending on how well your bank has done, how well your group has done, and how hard your MD can go to bat for you, your bonus may vary from .15-.75 a multiple of your salary. Right now street for analyst level (your first two years in banking) is $70k base, $10k sign-on bonus, and $2.5k relocation bonus, so your year-end bonus at firms of this caliber can range from $10k (or lower if you’re awful) to $50k (or more if you’re a rainmaker). Sometimes they’ll throw more at a godly analyst to keep him from lateralling (moving to another firm) or less to someone who’s worth nothing to them.</p>
<p>Outside the BB, compensation can vary a lot, but generally all-in right now for top-bucket analysts is $120k or so. Sucks, compared to 2006-7 in the boom years when bonuses were $100k and kids were making close to or actually $200k out of school. The way bonuses vary depends on your ranking, so if you’re first-tier, you get more than the guys grouped and rated as second-tier, who in turn get more than third-tier bottomfeeders.</p>
<p>Also, salary and wages, haha wow. Wages are an hourly rate, something you will not be getting in a white-collar industry like banking. You get a flat package, salary + bonus, and it doesn’t matter whether you get lucky and work 80 hours a week or get crapped on and work 100 a week, it stays the same.</p>
