<p>-Students Seeking Employment (2004):
Wharton: 6.1% of class
Stern: 6.5% of class</p>
<p>-Notes:
Average Wharton student makes $355,675 (salary & bonus) after 15 years. </p>
<p>Average Wharton student with BACHELORS ONLY makes $447,478 (salary & bonus) after 15 years.</p>
<p>Average Wharton student with MBA makes $304,393 (salary & bonus) after 15 years.</p>
<p>RECRUITING:
-Out of the top 20 companies in Business Weeks recruiting survey, Wharton appears in the top 5 recruiting schools for 9 companies (#1 at Goldman Sachs, Boston Consulting Group, J.P. Morgan, Johnson&Johnson. #2 at McKinsey, Bain, and Credit Suisse First Boston, #3 at Lehman, #4 at Citigroup). NYU doesn't appear on the list of any company AT ALL (not even in the top 20). Keep in mind this is MBA.<br>
- Undergrad-wise Wharton has the highest number of recruits at most bulge bracket I-banks. It has the highest number of Managing Directors and Partners at Goldman Sachs and the most well represented school at Goldman Sachs is Wharton UG (this info is taken from a speech I attended at Wharton by GS CEO - Hank Paulson)
"Paulson also discussed the strong relationship his firm has with Penn, saying that more people were hired from the University to work at Goldman Sachs in 2004 than from any other school in the country. Saying that 103 partners and managing directors at Goldman Sachs are Penn alumni"</p>
<p>Bern, I do not think anybody in his right mind can honestly say Stern (or any Haas or Ross or Sloan for that matter) is equal to Wharton. At the BBA level, Wharton is the clear #1. In my opinion, Sloan and Ross are right behind it. Then practically as good are Haas, Stern and McIntire. </p>
<p>What makes Wharton so amazing is that it is not only the best in Finance, but it is also excellent in Management, Accounting, Operations Management and Marketing. So all sorts of companies want to recruit top students for all sorts of positions. Furthermore, the networking possibilities at Wharton are only bested by Harvard and maybe Princeton. This said, many programs, including Stern, come close and if one prefers NYC to Philadelphia, it is worth chosing Stern over Wharton. </p>
<p>By the way...I was glad to see that my Michigan made the recruiter's top 5 list 7 times (including GE, JP Morgan, J&J Booz Allen, Citigroup, American Express and D&T) and top 10 an additional 3 times (McKinsey, Bain and Dell). Go Michigan baby!!! hehe</p>
<p>Both schools are excellent, and though I believe the selectivity and name recognition of Wharton may put it a bit higher on such lists, I think the fit of the school, campus, and environment trumps all of that. Spend a day at each school. There is a more cohesive, campus feeling at Penn. More of that NY coolness at NYU. I know folks who swear by either. My brother, a Duke grad, not bear to leave his beloved NYC, and a day at Penn made up his mind. And this was years ago before NYU was as selective. The very special environment and freedom of Manhattan was something he did not want to give up. But then for him it was a graduate program. This is something only you can assess as it truly is a personal fit issue. I would alway buy the more comfortable shoe, regardless of the prestige, as wearing it everyday, I am not going to be as aware of the label as much as the fit. So it is in a way with schools. You are not going to lose with either choice.</p>
<p>I still believe the overwhelming number of cross-admits between Wharton and Stern would pick Wharton ahead of Stern, it is regarded as the better institution.</p>
<p>Leaving academics and prestige aside, one would be a fool to compare Philadelphia to NYC...obv Stern would be the clear winner here. However, MANY of those graduating from Wharton will live/work in NYC upon graduation and thus you will eventually get to experience NYC (for a loonnngg time).</p>
<p>p.s. factoring in academics and prestige there is no school on earth like Wharton....</p>
<p>Clearly Wharton is better than Stern! Nobody would ever pick an NYU over an Ivy League degree unless they loved NYC too much to leave it, or unless they get swayed by trolls on this board.</p>
<p>"Nobody would ever pick an NYU over an Ivy League degree unless they loved NYC too much to leave it, or unless they get swayed by trolls on this board."</p>
<p>My second child, whose primary interest is theater, is thinking about applying to NYU. To date, she has shown no interest in applying to any Ivy League schools, except maybe Yale. Despite the fact that she is a top student, and is a legacy at two Ivy League schools.</p>
<p>So I wouldn't say "nobody". It sort of depends on what your interests are.</p>
<p>For kicks, you should scroll over to the Musical Theater board, and ask how many of them would pick NYU over an Ivy League degree, if their main interest is theater.</p>
<p>The Stern finance major figure that was previously posted represented 2003, not '04. The 2004 figure for Stern finance majors was $56,000....which is actually bit higher than Wharton finance majors for 2004.</p>
<p>Look, obvioulsly Wharton is the number #1 b-school, but my only point is that the gap between the 2 schools is very very tiny, not extremely wide, as some here are trying to imply, and it wouldn't be absurd at all for someone to pick Stern over Wharton...in fact people have (its the exception, not the rule, but it happens). </p>
<p>I'm not too sure how reliable that data on Wharton students after 15 years is. though its reasonable to assume people 15 years out should be pretty successful, the survey has a fairly low response rate, and thus might not be representative.</p>
<p>jwblue is right i looked at the wrong figure...the one i listed was the 2003 not 2004 rate. my bad.</p>
<p>Academically there is barely any gap between these two schools!!! However, a few things make Wharton better than Stern. As Alexandre mentioned the network at Wharton is probably only exceeded by Harvards and maybe Princetons - Stern's is in a completely lower league. Recruiting-wise Wharton dominates in any financial field (i-banking, consulting, etc.), Wharton is known for taking kids and turning them into I-bankers. period. It is unarguably the finance powerhouse both UG and MBA wise. Lastly, Wharton will open more doors after graduation because of its prestige and name (that doesn't mean that the Wharton student will end up better than the Stern student...just initially more opportunities will be available). </p>
<p>I've mentioned this in other thread but it just shows the opportunities at Wharton. I'm a freshman and so far through Wharton I've already gone to Citigroup headquarters in NY for two functions (at one it was MBA students from Wharton, Harvard, Yale, NYU, Columbia, and Northwestern, and Wharton UNDERGRADS we were the only UG there), i've been taken out for dinner by 3 fortune 500 recruiters, 2 ibanks, and I've gone for drinks with goldman sachs recruiters who were former wharton students. I've gone to dinner at Warren Buffet's house, and have met at least 10 CEOs. AND I'M ONLY A FRESHMAN!</p>
<p>In my opinion, NO OTHER UNDERGRAD PROGRAM offers such a well rounded business education. Wharton had the academics, the social life, the recruiting, the network, and just an outstanding group of students.</p>
<p>Personally I chose Wharton because I want to go into I-banking, for this there is no better school. However, as jwblue mentioned it wouldn't be absurd for someone to pick Stern over Wharton. I think the people that do pick Stern over Wharton do it for one reason only - location (i admit philly is kind of a **** hole). As someone mentioned earlier, it's all about fit. Go to the school that fits YOU best. I personally was going to apply to Stern yet when I visited I hated that NYU didn't have a campus. I didn't feel like I'd have a real college experience. Thus I chose Wharton.</p>