<p>I made this statement on another thread. I still believe it to be true--although I should have clarified my remarks to indicate that I thought it was the best finance school for "undergraduates"--which I thought was clear from the previous comments I had made. </p>
<p>Also, I thought I was quite clear when I indicated that I said Stern was the best school for finance. The person responding changed my comments to make it sound like I was stating that Stern was the best overall business school--which is not what I said. I said best school for (undergraduate) finance majors. (To be exact, the person compared yield at Stern versus yield at other schools--while not comparing majors--and not counting undergraduate applicants).</p>
<p>Anyway--I'd be interested in others' opinions. Certainly there will be those who think Wharton is better--other might like Virginia--or Ross--or MIT.</p>
<p>What do you think?--or are you still wondering yourself?</p>
<p>2008 USNWR ranking: Undergraduate business specialties:
Finance
1. University of Pennsylvania (Wharton)
2. New York University (Stern)
3. University of California–Berkeley (Haas)
4. University of Michigan–Ann Arbor<br>
5. Massachusetts Inst. of Technology (Sloan)
6. University of Texas–Austin (McCombs)
7. U. of North Carolina–Chapel Hill (Kenan-Flagler)
8. Indiana University–Bloomington (Kelley)
9. University of Virginia (McIntire)
10. Carnegie Mellon University (PA)<br>
10. Ohio State University–Columbus (Fisher)
10. U. of Illinois–Urbana-Champaign<br>
13. Boston College (Carroll)
13. Univ. of Wisconsin–Madison<br>
15. Pennsylvania State U.–University Park (Smeal)
15. Univ. of Southern California (Marshall)
15. Washington University in St. Louis (Olin)
18. Univ. of Maryland–College Park (Smith)
18. University of Florida (Warrington)
20. Emory University (GA) (Goizueta)
21. Purdue Univ.–West Lafayette (IN) (Krannert)
21. University of Illinois–Chicago<br>
21. University of Notre Dame (IN)<br>
21. University of Washington</p>
<p>Yes, I've seen the rankings--but the NY location is hard to beat--and seems to give a real preference to NYU grads. I also notice that about 60-70% of NYU Stern's undergraduates are finance majors.</p>
<p>There really shouldn't be too much of a difference between number one and two. After that, one should consider location, and that is what Calcruzer did.</p>
<p>I was under the impression that MIT was the king of the quantitative areas of business, namely finance. And that Stern was maybe ~3 or 4 nationally in the field.</p>
<p>Anyways, you might also want to look at Financial Engineering, a program for which the Columbia is the top school.</p>
<p>Wharton is #1. After Wharton, you probably have several, including Cornell, Haas (Cal), McDonough (Georgetown), McIntire (UVa), Ross, Sloan (MIT) and Stern. Location does not matter as much as you think. Roughly 40% of Ross students end up working for major IBs on Wall Street, and Ross, unlike Wharton and Stern, is predominently a Marketing and Management program. Cornell, UVa and Georgetown also do very well. Also, a bunch of Ross students also complete their internships working for IBs on Wall Street. </p>
<p>
[quote]
I was under the impression that MIT was the king of the quantitative areas of business, namely finance. And that Stern was maybe ~3 or 4 nationally in the field.
[/quote]
</p>
<p>No, MIT is not the king of finance/quantitative finance.</p>
<p>
[quote]
Anyways, you might also want to look at Financial Engineering, a program for which the Columbia is the top school.
[/quote]
</p>
<p>It's one of the top schools, but not 'the' top school for Financial Engineering.</p>
<p>I’d answer the OP’s question with a question. Best finance school in what aspect?</p>
<p>If the question means things like student quality, the answer is no. It’s good, but there are many other colleges that are better, not to mention many more colleges that have students with an interest in finance, but not a dedicated educational program to pursue that field of study, eg, several of the Ivies. </p>
<p>If one means quality of teaching, I’m ready to be converted on this one because I suspect that a lot of the faculty are the hands-on types who have real world experience on the Street and elsewhere and can communicate that. I like that very much and think these types of professors have real valule to students. But among academics, as measured (the unreliable) Peer Assessment scores, NYU scores only a 3.8, the same level as colleges like Purdue, Penn State, UC Davis and UCSD. </p>
<p>If ones mean best in terms of the traditional college undergraduate experience, again a big NO. Still might be a great choice for the student who likes the big city life, but among USNWR Top 50 colleges, NYU probably has one of the worst environments for students looking for that college that has a tight campus community.</p>
<p>If the question is Wall Street placement, the answer is still no, but undoubtedly the NYC location provides greater opportunities than a similar level college or student coming from out of the area. Frankly, this is probably the single greatest factor in NYU’s favor when compared with other top colleges. And for some students, it might rightly be the deciding factor in their college selection.</p>
<p>The NYU peer assessment score you're referring to is for the entire school. Clearly, NYU's Stern finance program is held in higher prestige. You have to look at department rankings for this particular question.</p>
<p>Having said that, undergrads can major in other courses of study at other colleges and still be as good, or perhaps better, than NYU Stern finance.</p>
<p>
[quote]
If ones mean best in terms of the traditional college undergraduate experience, again a big NO.
[/quote]
For someone who loves NYC, it might be the perfect undergrad experience. Just because NYU doesn't have all the qualities you like, doesn't mean it wouldn't be best for someone else.</p>
<p>My personal voice would go for Wharton as the top business school in the nation (UG and grad) for business "overall," as it were. </p>
<p>However, my parents are friendly with a number of individuals who went to NYU and are very successful businesspeople (finance, I-banking, and particularly HEDGE FUNDS). NYU is a great place, but by no means is it the best, especially if you want a campus.</p>
<p>Wharton's got the name but NYU's got the location. I read some of the NYU posts and it is basically...if you can secure an internship in New York at a bank during the school year (or just network well) you will be in better shape then Whartonites. If you cannot...the Wharton name will carry more weight.</p>
<p>Stern's really good for finance, I mean, Wall St. sits right beside the college. Sternies with good experieces = Whartonites. Stern and Wharton are both extremely well known for finance. Well Stern is particularly well known for finance and Wharton for general business.</p>
<p>This thread is 4 years old… and Wharton is better than Stern anyways.</p>
<p>EDIT: HAHAHA you pulled that stat from Stern’s website? Of course Stern has some ranking that puts it at #1. For every ranking with Stern at 1 there are probably 5 with Wharton at 1.</p>