<p>auto spellcheck loves making look like a fool</p>
<p>percent go**</p>
<p>@ccharisma
I knew a kid who wanted to transfer from Stern to Tisch. I don’t know if he made it or not, I haven’t seen him since I went abroad and I didn’t talk to him much to begin with. I think the problem is that you’re thinking of the performing arts Tisch, not the film & tv Tisch. Performing arts is such a rigorous program and it’s designed to be a very holistic course that runs all 4 years. While you might be able to transfer from another college if you were in that school’s arts program, I can’t see transferring from an entirely different discipline of study and cutting out a quarter of your specialized education.</p>
<p>No idea what honors program you’re referring to. Also, unfortunately, I have no experience with any choral program, so I can’t help you there either. Sorry.</p>
<p>@Lawwr
This varies between people.
Wake up: between 7-10am depending on the day.
Classes start: 9:30 earliest (freshman year 8am calc recitation, ugh), typically 11:00
How many: You have either 4 (sometimes 5) courses a semester which works out to 2 a day 4 days a week or 4 a day 2 days a week.
Classes end: Normally 3:30-4:45 is the last popular time slot, but some kids get stuck in a 4:55-6:10 which is kinda brutal.
What do we do: Anything. Study, read, exercise, party, sleep.
Extracurriculars: ICC (Inter Club Council) publishes a weekly roster of what’s happening, and there’s normally multiple events at both common hour and evening hour M-Th. Common hour is 12:30-1:45, no Stern class is ever scheduled at that time, evening hour is 6:30 and a less official version of common hour.
Homework: Varies on the type of week you have, your courseload that semester, and how good you are at studying. On average, 2-4 if you’re doing the reading as it’s assigned and not just the assignments.
Sleep: Last semester was disgusting, I slept about 20-30 hours a week the entire semester. But I was doing recruiting and working 20 hours a week too, so that’s not typical of most kids.</p>
<p>@lullina
It is what it is. Some hate it and complain, others ignore it. </p>
<p>It is possible to double-major, but because the credit requirements for the two different schools don’t overlap (i.e. the base or ‘core’ credits for two majors in Stern count for each other and you only have to take the additional major-only courses for each), doing that typically means you have to take more than 18 credits a semester, take summer classes, or spend an extra semester to finish everything up. Not fun.</p>
<p>@ccbound
This is obviously a very tough call. It was for me too.</p>
<p>Yes, not everyone from Stern makes it into front-office roles in finance (front-office = the revenue generating divisions of an investment bank, i.e. IBD and S&T). It’s very, very possible though, and this school is one of the best to get you there. I’m only a sophomore and I already made it with multiple offers, and I got it because (a) I knew I wanted it, (b) worked incredibly hard, (c) made sure to take advantage of every single opportunity that came my way since I’m here, and (d) stayed motivated, focused on the end result.</p>
<p>Part of the discrepancy you’re seeing in reactions from people may be due to the difference in generational experiences. Someone over 30 probably went to school when school cost a lot less, when a competitive undergrad degree was not the most fundamental requirement/prerequisite for even the most entry-level job in any industry except burger-flipping, and when there were better job prospects straight out of school. Given all that, it’s not hard to see why an older person looks at such an expensive investment as this so unfavorably.</p>
<p>Now, however, things have changed. Many industries are far more competitive than ever before, unemployment is a bit higher, and school costs a lot more. Not every school can enjoy the privilege Harvard does of having a staggering endowment that lets them meet the majority of their students full financial needs based off the endowment’s interest alone! Long story short . . . Stern is expensive, yes. But it’s part of a new, evolved system and if you want to play the game, you have to start right.</p>
<p>If you think you want to go to an M7 business school, two of the most important parts of your application are your undergrad school and your work experience. Your work experience will be predicated by your school, so hypothetically, someone who goes to Fordham and gets a middle-office or back-office role at a less prestigious firm has two strikes against them compared to the HYPW/Stern/Duke/Ross kid who got GS/MS/JPM. And given that even so many of those prototypically perfect candidates get rejected from M7 b-schools routinely, even that’s not a shoo-in.</p>
<p>As for your concern about it being a target, it’s true. You’ll have incredible opportunities just because of the name brand here. I forwarded a guy already working in PE the list of firms recruiting on campus during just one week back in February. Goldman, Morgan, Houlihan Lokey, Credit Suisse, PWC, Deloitte, CIA, World Bank, BarCap, Lazard, Jefferies, Moelis, RBC Capital Markets, Chicago Trading Company, AmEx, BNP Paribas, BAML, Sagent Advisors, UBS, PepsiCo, RBS, Wells Fargo, and BlackRock. That’s just one week. If you don’t know, that’s a sampling of literally the most top-notch, blue-chip firms on both the sell-side and buy-side of finance, not to mention the F100, F500, and governmental firms too. ALL IN ONE WEEK, and that was just one email I randomly chose to forward out of all the weekly publications. </p>
<p>Fordham can’t give you that. Hell, even Ross, McIntire @ UVA, and Duke won’t have that in and out, regular, recurring presence. Columbia may be more prestigious, but outside of the bulge bracket, I don’t believe it places as well. Stern is a finance factory. If you want to work in finance, be it sell-side, buy-side, front office, middle office, or back office . . . the wealth of opportunities with firms of any size or reputation is comparable only to a handful of other schools: HYPW. And to be honest, they don’t enjoy the location effect, so while more kids from those schools take elite jobs with elite firms, their non-standout students may not place as well into middle market and boutique firms simply from lack of exposure.</p>
<p>Our placement was definitely not 10%. Unfortunately for some reason we don’t publish undergraduate placement reports like other comparable schools do, only graduate level, so I can’t tout hard figures and statistics. I can say for a fact though that I personally know people in the classes of 2010 and 2011 who have placed and are placing into many of those firms I listed already, straight out of undergrad. I got offers from a number of those firms myself, along with more that weren’t mentioned, all before I was even halfway through my undergrad program. If I had to guess a number, I’d say 30% place into front office BB or Big 4 positions. 20-30% more place into MM (middle market) or boutique front office positions and/or BB middle office. Just of the kids pursuing finance or accounting though. Then there’s the whole crowd who want nothing to do with finance, so you don’t even have to worry about them.</p>
<p>It’s possible. If you can’t tell by now, I strongly recommend it to anyone interested in learning about business, working in finance, or gaining a quantitative, transferable education that is applicable to virtually any career or industry. Moreso considering that you’ve already been accepted. That means that Stern wants you, something only 1/5 of the kids who apply can boast about. This might be different if you hadn’t even applied yet, but in my mind, when you have a golden ticket to opportunity, excellence in education and reputation, and potential for success . . . it’s awfully unwise not to capitalize. Worst thing in the world would be to look back even a year later and regret something that ends up being pivotal in your life.</p>
<p>I can already tell you’ve got your head on right too, simply because you’re asking these questions. Otherwise I wouldn’t be taking the ****ing time to type out this novella of a response to try to give you some perspective even though it’s 1am and I’m halfway around the world. I literally get a dozen PMs a week from this thread from kids with questions they don’t want to post publicly, are too lazy to read the early pages, or who already committed and just want to know more about Stern. I can’t or don’t answer half of them and probably miss some that come in because my inbox is full. You, on the other hand, are clearly trying to make a well-informed decision, so I hope I’m helping you out here.</p>
<p>Placement Statistics for Undegraduate Stern: [New</a> York University: Undergraduate Profile - BusinessWeek](<a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?)</p>
<p>Consulting: 10%
Finance/Accounting: 60 % (20% Accounting, therefore leaving the other 40% finance)</p>
<p>And remember that only 60% of Stern are finance majors, the rest major in marketing/whatever.</p>
<p>You, hellodocks, are a Knight. This thread is wonderful.</p>
<p>Thanks to everyone for taking the time to give your thoughts on this. it is truly appreciated.</p>
<p>BusinessWeek is a credible publication in general, but it’s not super trusted on stuff like this. i.e. Their undergraduate program rankings are so absurd, placing Mendoza at Notre Dame ahead of Wharton. I’m not sure if those figures are entirely accurate, but it looks fairly representative of what I’ve seen so far. It also doesn’t delineate a split between finance and accounting, which seems odd to me.</p>
<p>I’m glad you found it helpful. Let me know if you have more questions. Hell, show what I wrote to your parents.</p>
<p>What’s the best part of life at Stern (beside academics)?
What’s the worst part?</p>
<p>Have you seen kids who get cold feet and realize halfway through school that they don’t want to do business? What do they usually do?</p>
<p>Can you earn any money from a work study job? Or does it all go directly to paying for your tuition etc.? Would you recommend not doing work study and instead having a part time job so you have more spending money while at school?</p>
<p>Thanks again for answering all these questions. You’ll never understand how helpful you’ve been.</p>
<p>When you accepted the summer internship at MS, is that only a summer agreement or is there some sort of implied understanding that you are in good position to get a full time job offer?</p>
<p>Also, at what point during the year do you feel it’s best to go out and interview to try to get a summer internship? The summer before? Fall?</p>
<p>@lullina
Best part is the network you develop as a natural part of your four years here. You’re developing some incredibly powerful relationships with hundreds of kids exactly your age who are entering the same industry the years before, with, and after you, and the value of that cannot be stressed enough. If you do things right, you have people willing to bat for you as you enter recruiting; many times, that makes all the difference. </p>
<p>Worst part . . . I don’t know, that’s personal and tends to vary among the students. Apart from academics, I’d say the overall atmosphere of the school. It’s competitive and time-consuming, so it can be a bit hard to find friends or chill with friends you have. I’m insanely jealous of my friends in other schools here who can just walk out of class and say “Oh, I donno, maybe go see a museum or something, I don’t really have much to do” when you ask them what they’re doing the rest of the day.</p>
<p>Those kids you mention probably exist, but I haven’t had much experience with them. There was that one kid I mentioned who wanted to transfer to Tisch, but he just seemed like a kinda sloppy person to begin with, always late to class, unprepared, and a mess each time I saw him. Most people here know they either want to study business, work in a corporate environment, or get a graduate degree that they feel Stern will help prepare them for.</p>
<p>@Mystakin
Yes, it’s paid directly to you and you don’t have to put it toward your tuition if you don’t want. You get a biweekly paycheck, either in-person or direct deposit, and at that point you do with it what you want. If you don’t apply it toward tuition, you may have a bit of discrepancy with the Bursar’s office at the end of the year where they expect you to pay out of pocket.</p>
<p>I think the two employment types are pretty comparable. You get paid the same way, only difference is that the work-study is taxed far less than outside employment is. Also, if you’re good, you can get a work-study position that pays far more than you’d be able to earn elsewhere; one of my jobs on-campus was $16 an hour, all I found anywhere else for hourly labor that wasn’t relevant to finance was $8-12.</p>
<p>It’s definitely good to have discretionary income. Even if you’ve got your loans taken care of, there’s always something the Bursar hits you with at the end of the year and threatens to cancel your next term’s registration over. You always want money if your friends are going out to eat, the movies, a play, or whatever. Unless your parents are throwing money at you (which they shouldn’t, in my opinion), there’s no reason you shouldn’t be looking to support yourself, it’ll teach you a lot.</p>
<p>@fireman
Banks have high retention rates from their summer analyst classes. 70% is fairly standard across the Street, meaning more than 2/3 of people who accept summer offers will receive full-time offers at the end of the 10-week program. Typically the people who don’t get return offers are either those who discovered that this isn’t for them, those who decided they want to do a different job in finance (i.e. S&T vs IBD, research vs. operations, etc.), or people who somehow managed to get through the absurdly intense recruitment process and fool everyone into thinking they were smart.</p>
<p>I’m not particularly worried because I received offers from several banks, have contacts at each, and took a pretty stacked offer as it is. </p>
<p>You can’t just go out and interview whenever you want. BB and elite banks have incredibly structured recruitment programs and you follow that schedule or don’t participate at all. Unless you do accelerated programs, application deadlines are in mid-January, and interviews begin in February and run until mid-March.</p>
<p>hey this thread is extremely helpful! I got accepted to NYU Stern but I am questioning my admission choice because of the Financial Aid package. I have a total of 39K in loans per year. Do you think an education at NYU Stern is worth that liability? Thanks!!</p>
<p>Everybody, especially in finance, always says NETWORKING is the key. In your experience, what’s really the best way to do useful networking and form important relationships?</p>
<p>Thinking day and night, it’s still hard to decide whether to take a stab at Stern or not. It’s a given that the school is highly competitive and demanding, and I’m not completely sure if I can handle the pressure. That’s not to say that I’m a slacker; I can say that I am a fairly hard worker, but I am also the type of person who will likely have difficulties handling high stress and pressure. I’m worried of becoming the student who can’t adjust properly, get left behind, and end up owing money while having a soiled college career. </p>
<p>As someone wanting to go into accounting, I don’t know how much difference having Stern with me will make. I know for ibanking and finance, Stern is the way to go. But for someone who wants to work an accounting job in a bank/regional firm after graduation, I don’t know if I can survive in a place where students are looking at front-line jobs on Wall Street. </p>
<p>In any case, math is apparently unavoidable at Stern. For an accounting major, (which requires little math) would it be safe to say that Cal I would be the hardest math course I’d take?</p>
<p>@srb
Some people do, some people don’t. For me it was. For someone who’s unsure about graduating with such a staggering figure against their name and isn’t sure about their career interests or job prospects, it may not be.</p>
<p>@fireman
It’s easiest during school. Find a program or panel or workshop or single event your career office (for us, Wasserman) is offering and get involved. They’ll be bringing in industry professionals, alumni, and current upperclassmen who have placed into top firms. That’s an incredible pool of human capital. A ton of people think networking involves stalking LinkedIn or your alumni database and sending out cold emails. That’s not it. The point of networking is to give your name some human context, so that if someone were to see YOUR name in a list or a resume book or online, they would know your face, story, and identify some positive traits to you immediately. Cold emailing won’t do that for you because it removes the human element. Get out there in person. Corporate presentations, firm-wide info sessions, professional development programs, etc.</p>
<p>@Nostalgia
Yes, that’s safe to say. You will have a few other quanty courses that are required as part of the Stern core, but they won’t be pure math. You’ll have FFM (introductory finance course) and stats. They will be harder than Calc I, but not math for math’s sake.</p>
<p>I’d still say come here. If you want a top job in accounting, you still need to go to a top school. The Big 4 are here and take a LOT of kids each year. I know a lot of kids who end up not succeeding in finance recruiting take Big 4 jobs. There are different functions within each of those firms, they offer auditing, consulting, and corporate finance functions, so there’s ‘tracks’ for accounting, management, and finance … so there are literally different career paths within the same firm.</p>
<p>Anyone else?</p>
<p>I have a question regarding classes that are not taken at Stern. I know students don’t only take classes at Stern to complete the core. How does that factor into the tuition bill? Do stern students follow the Stern tuition no matter where they take their classes? </p>
<p>Also, is there a place where I can see evaluations of professors and their classes prior to registering for courses? How do you normally decide whose classes to choose? It would be great if I can have some heads-up.</p>
<p>What do firms think of Stern interns? How do they fare at work? Is there a substantial difference between Stern students and Ivies/Stanford/MIT students or are they just as bright?</p>
<p>@rainfall
You pay the Stern rates because that’s where your degree is coming from. Any MAP classes you take count towards the total required credit amount (128) in Stern, so you don’t pay a CAS rate for classes there or anywhere else.</p>
<p>Ratemyprofessor.com is a huge resource for many college students, but there aren’t that many NYU profs listed there, especially Stern. We do, however, have our own internal evaluation system which is incredibly informative and provides grade breakdowns from each professor, difficulty + helpfulness + clarity + availability ratings, a bunch of elements in greater detail than RMP gives. Find our Course Faculty Evaluations (CFE) here: <a href=“http://www.stern.nyu.edu/cfe[/url]”>http://www.stern.nyu.edu/cfe</a></p>
<p>Personally, I choose based on a combination of a few factors:
- what fits into my degree progress, i.e. completing prereqs for higher-level courses
- what times are available
- what professors are rated in my favor (i.e. I might choose a harder professor if I think I can beat the curve, or an easier professor in a subject I feel weak in, or maybe one whose rated as being very available outside the classroom)</p>
<p>It’s very normal for Sternies to spend up to 20 hours working out a number of potential schedules for each semester, we get Excel, Word, even Powerpoint involved sometimes haha. You make a primary, a backup in case you can’t get into one you want and it throws your whole schedule off, an entirely new secondary that has a completely new set of courses, and a backup for that.</p>
<p>@lullina
It depends. We’re a target. They know that, we know that. Some firms absolutely love us, i.e. BarCap IBD has a 100% full-time offer rate for Stern summer analysts they bring in. Deloitte does too. Many others do as well. There will always be elitism, so you may get someone who looks down on you a bit because they think you didn’t or couldn’t get into HYPW, but that’s when you just prove them wrong with your work.</p>
<p>hellodocks, which arm/division of Deloitte are you talking about? Just curious.</p>
<p>Another question: Why is it that Sternies have a reputation for being ******s, even outside of the NYU community? Is it seriously such a prevalent stereotype at NYU/the finance world?</p>