Current Stern Sophomore: Ask Me

<p>what do most kids who are in stern major in to work in the Entertainment Industry & Wall Street?</p>

<p>Entertainment industry? Not too many Sternies I’m afraid. Most kids interested in that are in Steinhardt for MCC and have the BEMT minor. The only Sternies I know who went that route majored in Management or Marketing, generally any of the softer subjects.</p>

<p>Wall Street, it’s all finance. Most declare finance, finance + accounting, finance + stats, finance + IS, etc. 2nd-ranked undergrad finance program in the nation, gotta take advantage of it.</p>

<p>Thanks for answering all of these questions. I have a quick one for you.</p>

<p>Does Stern/NYU have a student fund that actually manages money?</p>

<p>Nope. I don’t believe we have any student investment fund at all. There’s a lot of groups that manage paper accounts, and there’s an ER/IM group that’s pretty well-known, but not anything more similar than that.</p>

<p>Hello, hello docks,</p>

<p>Good to see you back. You back in good ole USA? Hope you have a good summer. :)</p>

<p>Hi. I’ll get to your PM soon. Rough hours this first week at work.</p>

<p>hey im trying to think of what classes to register for stern next yr. but i was wondering do u think it is better to take microeconomics in the fall or the spring? Also i have never taken microeconomics in high school only Calculus AB and Calculus BC. Do you think it will be hard if i jump right into a stern course in the fall for microeconomics?</p>

<p>hellodocks, no problem,</p>

<p>Let yourself get acclimated to your job first. :slight_smile: My apologies for the mangled message. My Ipad really thought it was smarter than me and kept inserting letters inappropriately and I did not catch all the errors. :frowning: I could not believe one particular error. Hope it went by you. I cringed when I read it. (Sheepish look.)</p>

<p>The only preparation you really need for Micro is to refresh your understanding of independent/response variables of functions in context and the derivative as a rate of change. You’ll also start working with basic multivariable functions and partial derivatives, but these are very easy to pick up and are probably taught in the first recitation. You don’t need any economics-related preparation for the class at all. As long as you’ve done well in calculus, you’re set to take it in the fall. In the fall, you’ll take it with a class of about 200-300 students in an auditorium, while in the spring, class sizes are about 50-60. Professors are also different. The fall professor tends to make exams relatively very easy, but so many people score so well in the class that the professor makes grade cutoffs extremely high, such as 97%+ for an A/A-. In order to curb grade inflation, he only gives A/A-s to 30-35% of the class. This implies that you’ll be more harshly penalized grade-wise for missing homework and silly mistakes on exams in the fall class, so if those frequently apply to you, you may want to put off Micro until spring and take Statistics or a liberal arts requirement instead.</p>

<p>Hey again. </p>

<p>I was wondering whether my minor matters and whether it should be related to field of business/finance (my major) somehow? I want to minor is philosophy because it seems like NYU is great for that, but should I? (will it hurt my grades?, show lack of commitment?, etc…)</p>

<p>Thanks for any help.</p>

<p>To correct Toasted’s points . . . .
The fall micro professor is Bowmaker, and he teaches one lecture with everyone taking the class together in one section. He doesn’t set grading standards to ‘curb inflation’, he applies the departmental standard which is 15-25% A/A-. Last year a 97 on the final was a B+. The year before it was similar. In the spring, there are normally 3-4 professors with smaller sections. The material is the same, but for some reason the exams are far harsher. In my section, kids with mid 60s and low 70s on the final walked out with As.</p>

<p>@sasasa
Nope, it won’t hurt if it’s unrelated to business, if anything, it’ll help you during recruiting because it shows you have actual interests outside of “OH MY GOD WALL STREET” and you’re a real person. NYU is huge for philosophy, we have one of the absolute best undergrad programs and if you’re into it, you should really consider it seriously.</p>

<p>Why do you think spring micro is so difficult where 60s and 70s = As?</p>

<p>Think about it. If an entire class of 150-250 kids taking micro in the fall get an average of about 95 on the final, but a smaller group of kids in the same year get an average of more than 30 points lower for <em>the same</em> material, wouldn’t that indicate to you that one set of exams is harder than the other?</p>

<p>It’s not like it’s an arbitrary “Oh, 62 = an A-.” The curve makes it so. The average on fall micro is around 95. If you fall above that, B+. Way above that, A- or A. In spring micro, the average is so much lower. If you fall a little above it, B+. Way above it, A- or A. Same principle, but centered on a far lower raw score. That means the questions on the same material are not the same difficulty.</p>

<p>Still around.</p>

<p>Two questions:
Are you getting what you expected (learning-wise) from your IB internship?<br>
Why so much Stern bashing at WSO?</p>

<p>Hi hello docks,</p>

<p>Congrats on your internship at MS :slight_smile: just wanted to ask if you had used any wall st prep programs, such as Breaking into Wall St, and if yes, which program did you use? Thanks!</p>

<p>@abraxas
I’m not in IBD this year.
Stern gets bashed on WSO because people there have nothing better to do with their time. 90%+ of active users there are ‘prospective,’ meaning they’re not even in the industry yet and are either in high school or college trying to make it in themselves. Unless someone has the Certified User star, you have to take whatever they say with a grain of salt. People there bash any non-Ivy school, any Ivy that isn’t HYPW, any bank that isn’t a bulge bracket/elite boutique, and half the bulge bracket banks. It’s too full of college kids now and there’s less presence from actual professionals in the industry.</p>

<p>@sgang
No, I didn’t. Unless you get one of the interview guide books (which has information you could find entirely on your own without paying), it isn’t worth it. The chance you’ll get asked any sort of question that you couldn’t prepare for by reading a bunch of free sites/guides is minimal, and if you’re good at steering interviews, you can always spend 30 minutes focused on fit and behaviorals rather than technicals.</p>

<p>Hello, hellodocks. If someone was interested in mathematics/economics, should he apply to Stern or CAS?</p>

<p>CAS, without a doubt. You cannot study mathematics in Stern. If you want pure math or applied math, you need to be in CAS.</p>

<p>Are the students at Stern or NYU in general very competitive? this thread is very helpful by the way so thanks!</p>