<p>tell me your rankings....</p>
<p>im applying to nyu stern and upenn wharton...
i know wharton is better..</p>
<p>however, everyone is saying i have a better shot at stern... so im kind of prepared
for the rejection from wharton and acceptance from stern hopefully...</p>
<p>STRICTLY FINANCE.... in regards to internships and everything...</p>
<p>wharton vs. stern... how large is difference between the two finance programs
is it like huge??? is stern actually respected...</p>
<p>other finance programs are welcome in the debate</p>
<p>Well to be honest, there’s multiple different types of finance programs. There’s the route of doing a liberal arts degree for Finance, Business degree in Finance, and Arts degree in Economics.</p>
<p>I’ll start by examining your question on Wharton and NYU Stern. Blatantly - yes the gap between the two is significant. Wharton is far and ahead the best undergrad finance school in the country and arguably in the world. That said, Stern is highly respected and seen as the #2 business finance undergrad school in the country. The acceptance rate to Stern is actually much lower than the university acceptance rate, which most people get fooled by and believe it’s an easy in. Though in reality with NYU’s staunch view on stats, it can be rather formulaic to receive admission. </p>
<p>Nevertheless, here’s my top 5 finance schools for business, liberal arts and economics respectively:</p>
<p>Business:
- Penn - Wharton
- NYU - Stern
- MIT - Sloan
- UCB - Haas
- UMich - Ross</p>
<p>Economics:
- Harvard
- Chicago
- Stanford
- Princeton
- Northwestern</p>
<p>Liberal Arts:
- Claremont McKenna
- Williams
- Pomona
- Amherst
- Bowdoin </p>
<p>Note that liberal arts colleges are some of the best economics and finance programs (in Arts degrees of course) in the nation. They provide a fantastic education to set the basis for an MBA in finance.</p>
<p>Let me know what you think!</p>
<p>While I agree with much of what slamdunkz has to say, I am not sure his observations relate directly to professional placement. </p>
<p>Stern is excellent, but Dyson (Cornell), McDonough (Georgetown), McIntire (UVa), Ross (Michigan) and Sloan (MIT) are all equally well recruited by financial institutions. Wharton is slightly better than any of those, but not by any substantial margin.</p>
<p>This said, there are many top universities that do not offer undergraduate programs in business that are very well recruited as well. Columbia, Dartmouth, Duke, Harvard, Princeton, Stanford and Yale all come to mind. </p>
<p>While Chicago and Northwestern have top 5 Econ departments, they were not well recruited back in my day. This may have changed in recent years, particularly at Northwestern, which has developed some excellent, high profile programs such as MMSS and the Kellogg certificates. Haas (Cal) is an excellent business school (top 3 or 4 at the undergraduate level), but it also did not attract as many financial institutions as it did tech firms. Again, this may have changed in the last 5 years or so. Finally, given their small size, most LACs will not have heavy recruitment activity on campus.</p>
<p>One thing of all the above mentioned programs and universities have in common is that they are all mega selective. Unfortunately, that is why they are so appealing to major financial institutions.</p>
<p>Alexandre, I think the OP is strictly interested only in Wharton and Stern. I would give the edge to Wharton but nearly all the Investment Banks recruit at Stern as well. I imagine NYU Stern has more competition for these jobs since there is little to no Management Consulting recruitment compared to Wharton.</p>
<p>so in conclusion… if i wanna do finance as an undergrad… and i dont get into wharton… the second best option is indeed stern… correct?</p>
<p>ill take that as a yes…</p>
<p>can some1 just answer my last question.</p>
<p>Stern has great placement just based on location and program strength (without a doubt it is the 2nd strongest finance program in the nation, undergrad and arguably for grad).</p>
<p>However, some things to note:
- Everyone else in your graduating class (literally) is competing with you to get that TMT IBD position at Goldman. Although IBD/S&T recruiting is super competitive already, the professionally homogenous environment at Stern will make it even more so.
- NYU as a whole is a pretty mediocre college experience. Going to the school in the city is overrated. Not to also mention being on the ass end of all jokes relating to student debt and starving artists. The strength of the academic faculties are top notch and highly ranked, but the quality of education is not that great.</p>
<p>Besides the obvious private undergrad business programs (Wharton and Stern), I would definitely recommend looking into Georgetown MSB. On-campus recruiting for sell-side finance positions are comparable to Stern (look at the placement surveys if you don’t believe me–all the BBs recruit for their front offices with exception to JP). D1 Basketball, dynamic student culture, incomparable location, and a less cut-throat environment than Stern should definitely make this a worthy candidate if you are looking into finance.</p>
<p>With respect to career diversity Wharton >>>>>>>>Stern, Ross, mcdonough e.t.c</p>
<p>Wharton is miles ahead of these schools. The best finance students dont just want investment banking, they are looking at private equity and investment management firms like blackrock, bain capital e.t.c. Some want management consulting. These firms only look at Harvard/Princeton/Wharton/Yale kids.</p>
<p>If you can’t get to Wharton schools like Michigan, Georgetown, NYU might suffice though you might need to top it up with an Harvard or Wharton MBA. Ross is slightly more versatile careerwise than these other schools because of a regional advantage (Ross is the best business school in the midwest, NYU, Georgetown (Mcdonough), Cornell (Dyson) are under the shadow of Wharton.</p>
<p><a href=“http://www.vpul.upenn.edu/careerservices/undergrad/reports/WHA_2012cp.pdf[/url]”>http://www.vpul.upenn.edu/careerservices/undergrad/reports/WHA_2012cp.pdf</a></p>
<p>If you want to do finance as an undergrad then of course Wharton first then Stern. If you don’t particularly care what you study but want banking then you have a better shot from most of the ivies and schools like Duke than you do at Stern. But bottom line, as long as excel at the school you’re in, you’ll end up with what you want.</p>