Michigan (Ross BBA Undergrad) vs NYU (Stern Undergrad)

<p>I would agree with your assessment Harold. All the schools on your list are excellent, particularly if you are interested in a career in finance.</p>

<p>HaroldSawyer, I only found 2 IBanking analysts from Ross working at J.P. Morgan and 4 from Ross working at Morgan Stanley. How did you get your numbers? Michigan’s representation at these banks is heavily lacking compared to Stern nevertheless.</p>

<p>

I’m sure not everyone in Arts & Sciences at Michigan joins LinkedIn but I bet that everyone in Ross that since its an undergraduate business school. Students enrolled in such programs tend to be very career-minded, opportunistic, and tech savvy.</p>

<p>Are you trying to tell us that Harvard English Lit majors and Dartmouth Physics concentrators are more likely to join LinkedIn than Michigan Business students? LOL yeah right!</p>

<p>

Comparing Ross to Harvard or Cornell is silly since the former is a pre-selected group from a larger university who have outstanding grades, extracurriculars, and a desire to join the business world. There are a lot of weak applicants from Harvard or Duke who have <3.5 GPAs and no impressive ECs who would have been eliminated from the process at the outset if these schools have undergraduate business programs.</p>

<p>“HaroldSawyer, I only found 2 IBanking analysts from Ross working at J.P. Morgan and 4 from Ross working at Morgan Stanley. How did you get your numbers?”</p>

<p>ennisthemenace, in the case of Ross, you do not have to resort to linkedin. Ross publishes placement figures. In the latest graduating class, 16 joined JP Morgan and 6 joined Morgan Stanley. 8 joined Goldman Sachs. </p>

<p>“Michigan’s representation at these banks is heavily lacking compared to Stern nevertheless.”</p>

<p>Care to share Stern’s placement report with us. I could not find it. Besides, given the fact that Stern has 600 students per class compared to Ross’ 400, and the likelihood that a higher percentage of Stern students apply for IBanking jobs, I would hope that Stern places at least twice as many of its graduates in IBanks than Ross. So if Ross placed 30 grads into GS, JPM and MS, I would expect Stern to have placed 60. That’s how many Wharton, which incidentally is the same size as Stern and likely has a similar concentration of Ibanking aspiring graduates, places into GS, JPM and MS on an annual basis. </p>

<p>Even if you use linked in as a source, according to HaroldSawyer, Stern placed 88 grads, compared to Ross’s 47. That’s to be expected given Stern’s size advantage and finance-focused student body.</p>

<p>“Comparing Ross to Harvard or Cornell is silly since the former is a pre-selected group from a larger university who have outstanding grades, extracurriculars, and a desire to join the business world. There are a lot of weak applicants from Harvard or Duke who have <3.5 GPAs and no impressive ECs who would have been eliminated from the process at the outset if these schools have undergraduate business programs.”</p>

<p>Very astute and lucid point ennisthemenace. But then again, Cornell, Duke and Harvard do not have graduating classes of 400. Their graduating classes are in the 1,700-3,000 range. I am fairly certain that you have well over 300 graduates with excellent grades and ECs graduating from those universities seeking jobs on Wall Street. That’s more than the number of Ross students seeking jobs on Wall Street.</p>

<p>

Only the last of the three is correct.</p>

<p>@Alexandre if a good deal of students at Ross don’t use LinkedIn, wouldn’t it be safe to assume that there’s probably a good deal of students from other students who also don’t use LinkedIn? Unless Ross tells its studnets not to use linked in, while all the other schools directly encourage their students to use it…</p>

<p>

If a good deal of students at most of the schools don’t use LinkedIn, why is it a good benchmark?</p>

<p>My spouse is a Ross graduate. He is not on LinkedIn.</p>

<p>My maid of honor graduated from Ross.</p>

<p>Not on LinkedIn.</p>

<p>One of my closest friend’s spouse is Ross. Not on LinkedIn.</p>

<p>I can go on for quite awhile. I think trying to use LinkedIn as a measure of placement or some sort of barometer for a school is quite likely to be a fool’s errand. </p>

<p>Best to check with the school itself. </p>

<p>“Best to check with the school itself.”</p>

<p>Here is a link to where Stern’s graduates have placed:</p>

<p>I don’t actually care about who goes where. LOL</p>

<p>I just thought I could add some real world anecdotal points into the mix.</p>

<p>I truly believe in going to the school that suits each student’s needs the best, whatever that may be. This thread has become a sort of bizarre contest, and amusing to read. :wink: </p>

<p>I admit, though, the empty link for Stern made me giggle. LOL</p>

<p>@goblue81 it’s reliable because out of the out of the group of people that DO have a LinkedIn, Stern clearly outnumbers Ross… </p>

<p>Based on what you people say about Ross, the school’s students rarely use LinkedIN, for an ex, Ross’s students in JPM only have 2 IB analysts out of 16 represented on LinkedIn, and 14/16 that unrepresented, but with that logic, then there could be the same ratio of people who aren’t represented from other schools as well… since all the conditions were left constant, Stern, Wharton, Harvard, etc… would also only have 2/16 people represented, and based on the current given statistics, they would STILL have a ton of more students in these companies than does Ross… Lol you can’t just assume that Ross students rarely use LinkedIn, but the other schools’s students all do… </p>

<p>But since this thread is on Michigan’s page, it’s not surprising that there would obviously be a lot of Michigan fan’s putting their biased opinions on here … </p>

<p>It’s strange that students from Ross don’t use LinkedIn. So many professional businessmen use that site to network. </p>

<p>Students at Ross don’t need the internet to network.</p>

<p>LOL props to the OP who posted this topic of question on the Michigan thread hahaha the biased comments are hilarious, especially “Students at Ross don’t need the internet to network” lmao… What do they use? Hand written letters? </p>

<p>All jokes aside, I just felt like sharing some information here. I can’t say too much from my own experience, since I’m just a HS Student who applied to both Ross and Stern this year -so obviously I don’t work in IB- but my uncle was an MD at Morgan Stanley on wall street for 6 years before going into PE this year, and he was telling me to apply to Stern ED II, instead of doing regular and waiting for the other Ivy and Ross’s decisions to come out in late March (I was rejected from Wharton ED). Like he graduated from UChicago and Wharton Grad School, so he probably doesn’t have a lot of bias towards Ross or Stern, but he said that Stern undergrads are undoubtedly far better represented at Morgan Stanley than the majority of the ivy’s, mit, ross, etc… and that “Sternies” apparently swarm the other top BB firms in general (which seems to support what the LinkedIn data said). So to him, Stern was the smartest choice I could’ve made lol. I listened to his advice since he definitely knows a lot better than I did/do about wall street placement lol. I am happy to say I was accepted to Stern a few days ago too :D</p>

<p>Generally, it would seem that Stern is better for IB, and probably places better even given the different interest levels. It’s probably because Stern is more focused towards Finance, so the students would be better equipped in banking and such, which probably explains the higher interest, placement and quality of students. Interestingly enough, my uncle also said “you can’t go wrong with Ross”, and saying how it is still an amazing school and such lol… so idk. Personally, I would have loved going to Ross. It’s probably stronger in the other fields of business so I’ve heard, and it definitely gives a better well rounded college experience too haha </p>

<p>@dwr6254 everything you said is pretty valid. If you want IBanking, go to Stern, anything else, look elsewhere haha</p>

<p>Harold, like I said, it depends on the school. Michigan alums (including Ross alums) are notoriously bad at social media. Chicago and Northwestern alums are also not known for their use of social media. Maybe it is a Midwestern thing. </p>

<p>dwr, Stern most likely does not place better into Wall Street than Ross. It obviously places more, since the program is much bigger and more finance-centric, but that does not mean it places better. Wharton, which is undeniably the best at placing graduates in Wall Street jobs usually has twice as many joining major BB IBanks than Ross. Again, like Stern, Wharton is much bigger than Ross, and significantly more finance-centric, so as a percentage of students seeking such jobs, I would say Ross is almost as effective as Wharton. I doubt Stern is better.</p>

<p>@Alexandre i’m not sure if you can make that conclusion I mean the stern kids are clearly placing just as well as the wharton kdis on linked in, are you saying the wharton kids also dont use linked in? wharton’s even bigger than stern by about 100 kids …</p>

<p>lol @alexandre ,I too wish stern published its placement data. Maybe someone could send them an email of this thread and maybe that would convince them haha</p>

<p>Also, Ross has 16% of its total students in Ibanking, Stern has 53% (look on business week, when they say “financial services” it means ibanking. Ross on BW is also 16% ibanking as it is on the BBA profile). So yeah I guess its fair to say that Stern should have at least 3 times as many students placed into the top firms. </p>

<p>But I don’t like how you use the “bad at social media” excuse when you see that Stern’s numbers are a ton higher than Ross’s on LinkedIN lol the chances that someone uses or doesn’t use the linked in site is the same for every person in every school, don’t deny that. If I went to Ross, I could still make a LinkedIN account and use it to make connections lol… it has nothing to do with what school I go to</p>

<p>Also, I’d like to point out that in my report, I only looked up current Investment Banking analysts placed on LinkedIN for all these schools. The fact that only 2 out of the 16 JPM Ross grads showed up may be due to the fact that not every one of those 16 JPM kids went into the IB Division… afterall, only 16% of Ross does IB, and 16% of 16 is 2.5</p>

<p>Additionally, when Stern’s IB placement on LinkedIN is similar to Wharton’s, a school that is also very heavily focused on finance, and also contains about 50-100 more people per graduating class than stern, are you going to say that Ross places better than Wharton in IB as well? </p>

<p>Stern does not publish its placement data. Period. Business schools love to brag how great they are, so why is NYU afraid to print theirs? They have the information readily available and yet can’t seem to put it down in writing for the general public to read. Why should anyone rely on LinkedIN for this type of vital information? </p>

<p>Actually Harold, in the case of Businessweek data you provided, Financial Services and Investment Banking are the same in the case of Michigan, but not in the case of Wharton and Stern, both of which are including all Finance jobs (including Corporate Finance, Trading, Wealth Management etc…) in their “Financial Services” umbrella. Trust me, there is NO WAY that any business program places more than 20% or 25% of its graduates in IBanking. NO WAY! Just look at Ross and Wharton’s career placement data and you will see:</p>

<p>Ross:
44% go into Finance, of which 16% go into Investment Banking (as you can see, Ross reported only IBanking jobs as “Financial Services”.</p>

<p><a href=“http://www.bus.umich.edu/pdf/EmploymentData2013.pdf”>http://www.bus.umich.edu/pdf/EmploymentData2013.pdf&lt;/a&gt; (page 36)</p>

<p>Wharton:
59% go into Finance, of which 25% go into Investment Banking (as you can see, Wharton reported all finance jobs as “Financial Services”.</p>

<p><a href=“http://www.vpul.upenn.edu/careerservices/files/WHA_2013cp.pdf”>http://www.vpul.upenn.edu/careerservices/files/WHA_2013cp.pdf&lt;/a&gt;&lt;/p&gt;

<p>Those figures are as I expected. Wharton edges out Ross, but that’s probably because Wharton is more finance-centric, as is shown by the overall percentage seeking jobs in Finance (44% at Ross vs 59% at Wharton).</p>

<p>I am still looking for Stern’s data. Wharton and Ross seem perfectly content to publish their placement details. Stern? I am sure that Stern does well, but if Wharton does not edge out Ross, Stern certainly doesn’t either. The fact of the matter is, Ross is one of the most strategic IBanking hunting grounds. </p>

<p>Also, Wharton is not larger than Stern by 50-100 per class. Stern and Wharton both have classes of 600 or so. According to my most recent figures, Wharton enrolled 2,562 and Stern enrolled 2,457. Since both are four-year programs, that means Wharton has 640 per class, compared to Stern’s 615 per class. In other words, they are identical in size. </p>

<p>On a final note, I do not recommend using linkedin as a source, especially when conversing with well-informed individuals. In the case of Ross, Wharton, Dyson, McDonough, McIntire, Sloan etc…, you just need to look at the respective placement reports, just like the ones I posted above. Afterall, why guess and extrapolate when you can actually rely on factual data? In the case of Stern…well, in their case, you may resort the the absolute certainty of linkedin! ;)</p>