NYU Stern vs. McGill

<p>I would like your honest opinion for which university would benefit me the most considering the following factors.</p>

<p>I am a Canadian citizen and a US permanent resident attending 4th year of high school in the US. I am going to major in economics, but planning to attend grad. school in the US after graduation.</p>

<p>NYU Stern
- $15,000 scholarship
- $3,000 federal grant
- $28,000 "suggested" Perkins, Plus and Stafford loans
- Virtually no campus
- NYC setting and social scene</p>

<p>McGill
- $5,000 (Canadian dollars) tuition fee
- $12,000 - $14,000 (Canadian dollars) housing and other fees before applying to need-based provincial aid (which should provide me with at least few k's)
- Montreal setting and social scene
- 65 acres ubran campus
- Cultural setting</p>

<p>Sorry to bump this, but I really want some input.</p>

<p>Are you in the Business School at McGill?</p>

<p>Parents were not happy with the prospect of taking out those loans. NYU is expensive. The city is the campus and for business, the exposure is incredible in terms of opportunities.</p>

<p>On the other hand, you can have a beer at McGill before you're 21 and not get busted ;)</p>

<p>McGill shelled out $3,000. I'm not in the management school in McGill because I want to major in economics which since it's considred a social science is available everywhere.</p>

<p>I don't particularly like NYC. Everything just seems so far. I've been Montreal once and it seemed very pleasant. The cultural explosion is insane, which I like since I also want to enrich my French.</p>

<p>then go to mcgill. But stern is more known and will get you a better job. 97% of stern graduate gets a job offer right after graduation</p>

<p>NYU: that's true in America. It's definitely not true in most parts of Canada.</p>

<p>I agree, it's probably not true in Canada. America is funny like that, how where you go to college to study the same thing can actually mean massive differences in salary.</p>

<p>
[quote]
where you go to college to study the same thing can actually mean massive differences in salary.

[/quote]
</p>

<p>That's not true. Most studies show that higher income from more "prestigious" schools comes as a result of the higher quality of students that go to those schools. Where you go to school does not really matter. Where you go is a representation of how well you did in High School, not how well you did in college.</p>

<p>no it is true. After a while the salaries even out, but right out of college, top colleges have a higher average salary.</p>

<p>Most studies show the opposite. This was posted yesterday on CC
<a href="http://www.irs.princeton.edu/pubs/pdfs/409revised.pdf%5B/url%5D"&gt;http://www.irs.princeton.edu/pubs/pdfs/409revised.pdf&lt;/a&gt;&lt;/p>

<p>CNN offers the average starting salary for various degrees:</p>

<p><a href="http://money.cnn.com/2005/04/15/pf/college/starting_salaries/%5B/url%5D"&gt;http://money.cnn.com/2005/04/15/pf/college/starting_salaries/&lt;/a&gt;&lt;/p>

<p>MIT's stats for class of 2005 are posted <a href="http://web.mit.edu/career/www/infostats/graduation05.pdf%5B/url%5D"&gt;http://web.mit.edu/career/www/infostats/graduation05.pdf&lt;/a&gt;&lt;/p>

<p>Average salary after graduation:
Chemical Engineering:
MIT: 46,498, National: 54256</p>

<p>Electrical/Computer:
MIT: 66,000, National: 52000</p>

<p>Mechanical:
MIT: 56375, National: 51046</p>

<p>Aerospace:
MIT: 52508, National: 50701</p>

<p>Electrical and Computer is the only category that MIT, one of the best if not the best engineering school, significantly beats the national average. Even that is not worth the 120k in extra cost over 4 years.</p>

<p>Well, you're not taking into account that I plan to go to grad. school in the US after I graduate anyway.</p>

<p>EuropaStyle, I would like to see you resume. Can you send it to me, please?</p>

<p>hi. im having a similar problem.... i was born and raised in montreal.
i am debating between going to nyu (college of arts and sciences in international relations with a minor in business from stern) or going to mcgill (accepted to both commerce and arts) or going to tufts. i have nooo idea what to do. i visited nyu this weekend and loved it. i am visiting tufts this weekend and will see... any kind of input would reaally help- thanks</p>

<p>Why didn't you guys apply to Queens School of Commerce if you wanted a good education in business in Canada?</p>

<p>I would go with Stern if you want to work in the U.S., even though the loan is pretty steep. Maybe you can appeal? Then again, NYU is well-known for having lots of red-tape when it comes to financial aid. Some people at my school even joke around saying financial aid is a myth at NYU. As for Simran, I would go with Tufts, but I am only saying that because I've never heard of McGill (I guess it isn't well known in the part of the U.S. I live in).</p>

<p>EuropaStyle -I'm graduating this year and I'm also Canadian. If you want to do business, why wouldn't you apply for Queen's commerce or Western's Richard Ivey? I too love montreal but if you're planning to do business.... (btw I've gotten in queens, ivey and mcgill management and stern so i'm not just being bitter)</p>

<p>I think the OP meant business school as in MBA/grad school ...but I should say that many have pointed out UT has a better undergrad econ program than McGill...which is why I am leaning more towards econ at Grinnell than econ at McGill...also consider grad school acceptance rates ( business) for both schools..maybe NYU may be stat. better</p>