NYU or Berkeley?

<p>Hi everyone,</p>

<p>Just wanted some advise on my uni choices. I am currently debating on whether to go to NYU or Berkeley and was wondering if you could shed some light on the situation. Essentially, at Berkeley I would be trying to get into their undergrad business programme (Haas). The way the system works at Berkeley is that everyone who wants to go to Haas has to apply in the second year, and due to the competitiveness only about 50% of the students get in. Thus I may have to go to my second choice major Economics (and even this major is capped so I may have to study my third choice subject – Politics.) </p>

<p>Similarly, with NYU, I was accepted into CAS to do politics and hear that it is very difficult to change to Stern. However as far as I can tell the opportunity to get into Wall Street is obviously much higher at NYU than it is at Berkeley (especially if I can’t get into Haas although I don’t know what my chances will be if I don’t get into Stern at NYU)</p>

<p>Both universities cost the same amount so I am struggling to come to a decision. And with the deadline on the 1st of next month there isn’t much time! Iv rambled for a while so just to summarise my questions</p>

<li> What are my chances of swapping into Stern from CAS</li>
<li> Are the chances of getting internships/a job in Banking greatly increased if I go to NYU as opposed to Berkeley?</li>
<li> Is the general academic reputation of Berkeley higher in that if I do not end up doing Business and I decided to go down another route it would be more beneficial to go to rather than NYU?</li>
</ol>

<p>Kind Regards</p>

<p>Shahadat</p>

<p>I'm sure getting an internship isn't MUCH harder if you're a CAS student opposed to a Stern student. It's just that Stern students are always much more aggressive in trying to get the internships, so I'm sure if you're aggressive about finding internship as a CAS student you'll be fine.</p>

<p>And I think the chances of swapping into stern from cas is really small. As much as I don't like Berkeley, it definitely has a better academic reputation than NYU.</p>

<ol>
<li>your chances to transfer to Stern is 1% because there are soo few spots.</li>
<li>chances are measured by your ability. there are also banking jobs available at Berkeley I believe. there's a job database and many advisors at stony brook, my school, and i dont see anyone from my school havent trouble of not finding any. whether you get the internship or not involves your skills and academics, not your school. location helps if you are FROM nyc since you can work freely during the summer. it is unlikely you would want an internship during schooltime unless you want to cram work and studying together.</li>
<li> NYU STERN has the best reputation for business; cas is better for liberals art majors, which after all they are a Liberal arts school. berekeley is also good for business if you are accepted into their business school. If not, well i dont know but Berkeley has a lower ranking business (sterns beats it, not CAS; CAS is not even ranked on business) and a higher rank on university level overall than NYU</li>
</ol>

<p>Answers to your question:
1) I do not believe percentage of acceptance determines your ability to internally transfer. If you truly show yourself that you are into business, you will have no problem. I know many friends that tried to internally transfer to Stern but failed to do so. However, most of them are not interested in business but interested in the prestige and extra bonuses from the school that Stern students have.</p>

<p>2) I can say there are a lot more internships in NYC than other cities. However, you still got to keep in mind that NYC is more populated than other cities and is much bigger. Also, keep in mind that recruiters are likely to go to Stern students because of their business focus. However, it does not mean they will not accept you. Also, there are many schools in the city that will compete with you, including Fordham which is my current school. Likewise, I recently got a internship in a top auditing company competing against NYU and Columbia students. I can tell though it was not a business-related but more of a computer science related internship.</p>

<p>3) I think their reputation is the same. They are both highly regarded schools ,although I must admit that Berekely tends to have a better reputation in the west of USA while NYU tends to have a better reputation in the east of USA.</p>

<p>Investment banking is basically found in every major city. It just happens that NYC is the place where many companies have their headquarters. However it does not mean they do not do investment banking in their regional headquarters and their many other offices.</p>

<p>My opinion:
If you truly love business more than liberal arts, then I believe the Haas program at Berkeley best fits you. CAS students tend to have programs that have a more liberal arts focus whereas Stern students do not although they are given the choice to do so. If you cannot get into Haas or any alternative program you believe fits you, then CAS economics is possibly the closest thing they have to business. Unfortunately, it is not the same subject as business majors in Stern such as finance although you can get most of the same business jobs as Stern students with the economics major.</p>

<p>Hi again,</p>

<p>Having viewed both the positives and negatives of both universities I have been able to pinpoint the exact reservations I have with them.</p>

<p>With Berkeley Haas, my reservation is that I will find it more difficult to get an internship (during the summers and a place after graduation) on Wall Street than if I went to Stern.</p>

<p>With Stern, my reservation is that Berkeley’s slightly greater reputation will put me in a better stead to go on to Law School or MBA’s at top Ivy League institutions than NYU will. Also, I feel that if at the end of the degree I do not want to go into Banking and instead perhaps Management Consultancy or even something completely different, I will be better suited with a Berkeley degree than NYU. I.e. in the reason for going to stern over Haas purely down to contacts and ease of recruitment?</p>

<p>As you can probably tell, my uncertainty of future career is perhaps why this situation is more difficult. Currently I am looking to get involved in finance (be it banking or consultancy) but long term I have slightly more diverse plans (anything from Law and MBA to directing films). </p>

<p>Thus what I want to know is.... Is Berkeley’s disadvantage due to distance from Wall Street greater than NYU's disadvantage of getting into professional schools. The answer to this will be very important in my decision making process.</p>

<p>Thanks for all your help…I welcome your opinions</p>

<p>Kind Regards</p>

<p>Shadey</p>

<p>PS. If I want to work back in London after I graduate does one have an advantage over the other?</p>

<p>you said internship during the summer? are you from nyc? otherwise you need a place to stay... hey btw Berkeley alumini work in nYc too, it's not like they are restricted to only stern students and others from nyc... how would other Ivy leaguers get jobs then, such as Dartmouth and Cornell which are located in rural areas.</p>

<p>He/she can dorm in the summer. What you talking about?</p>

<p>I say NYC is better but lately people at my school aren't get any jobs due to a slow market maybe. We are in semi-recession in the whole nation anyway.</p>