<p>Choosing between NYU Stern and University of Wisconsin - Madison. I hope to work in banking, either I-Banking or Hedge Funds. I will be majoring in Finance regardless of where I go. Trying to weigh the pros/cons.</p>
<p>Background:</p>
<p>3.8 UW GPA, Class Unranked
33 ACT
700 SAT II Literature, 700 Math I, 710 Spanish
Class President
150+ Volunteer Hours
State Level Competition Pianist
High Honor Roll
National Honor Society
National Spanish Honor Society
President Ping Pong Club
3x Varsity Golf Letterwinner
4 Year Math Team Member
Among other things</p>
<p>NYU Pros</p>
<p>-Location, obviously can't beat NY
-Recruited to play on golf team, will play
-Better school rep, but kind of an Ivy-reject school (that's me haha)
-Better for internship opportunities during and after school</p>
<p>NYU Cons</p>
<p>-Very expensive and poor scholarship opportunities (~50,000/yr)</p>
<p>UW Pros</p>
<p>-In state tuition, (~10,000/yr)</p>
<p>Let me know your opinion, or if there are scholarship opportunities I should be seeking for NYU. Thanks.</p>
<p>You will not get a job in ibanking or hedging out of college if you go to UW. If you go to Stern, the recruiting opportunities rival that of the Ivys. A starting banker in a middle market or BB firm makes around 120k, so is 50k a year worth that investment?? You must decide that. Me, I would go to NYU.</p>
<p>How will you and your family pay the difference between these two universities?</p>
<p>If NYU costs five times as much as UW, how quickly will you have to score a high paying job in order to pay off that difference?</p>
<p>Contrary to popular belief, people do find jobs in the industry that you are looking at even if the graduate from places like UW. Contact the career center and your department there, and as where their graduates end up.</p>
<p>@Happymomof1, we were in no way saying that it is impossible to get a job at UW. We were simply stating the obvious fact that New York is CLEARLY the better place to go if you’re majoring in Finance.</p>
<p>Trust me, a stern graduate could have their college paid for within 6 months of graduating.</p>
<p>honestly, the only schools that are worth $50k are the Ivies (personally)
it’s your choice, but just know that graduating from NYU Stern does NOT guarantee you a job right out of college</p>
[quote]
honestly, the only schools that are worth $50k are the Ivies (personally)
it’s your choice, but just know that graduating from NYU Stern does NOT guarantee you a job right out of college<a href=“despite%20the%20fact%20that%20this%20is%20your” title=“opinion”>/quote</a></p>
<p>are wrong</p>
<p>You will not make 200k/year right after college</p>
<p>There are better schools than ivys with high tuitions. Do the names Stanford, MIT, or Williams sound familiar? They are certainly better than the lower tier ivys. Also, NYU Stern is a fantastic business school, and the jobs students get after Stern are comparable to some of the ivys.</p>
<p>=( didn’t mean to offend anyone or NYU (Stern is very prestigious)
and I meant to include MIT, Stanford, etc… in my previous post (in my mind, I group them with the Ivies)
OP, good luck picking a school =) go with your gut feeling</p>
<p>"I don’t think you understand. I personally know somebody who made 325 right out of college from NYU Stern. </p>
<p>So it looks like your theories are incorrect."</p>
<p>Thank you for your worthless anecdotal example. Unfortunately that individual does not represent the greater student alumni population at Stern.</p>
<p>*I personally know somebody who made 325 right out of college from NYU Stern. </p>
<p>*</p>
<p>If you’re talking about some unique situation, such as a student who enjoyed the fruits of nepotism to earn $325 right out of Stern, then it’s not right or fair to use that as an example because it misleads and can influence people to run up big college debts.</p>
<p>My cousin’s son was hired right out of a law school with a high salary…for his dad’s firm…lol. But, I wouldn’t be so silly as to suggest that other new attys from his law school would have a similar experience.</p>
<p>That’s what the poster meant when he wrote: *He straight up said “You will not make 200k out of college.”
*</p>
<p>A person without connections will not make $200k right out of college. Where does your friend work and who did he know?</p>
<p>I work very closely with the Private Equity firms, they are smaller investment bankers and there are about 1500 Private Equity firms in the USA. It is possible to make $325k out of ANY school if you can bring in deals in the investment banking community, but that would be commissions, even as a finder, not salaries. If Futureofwallst is referring to commissions, that is possible, salaries, I’d say no.</p>
<p>It is unwise for a high school senior to count on assured Wall Street employment with large bonuses in his/her college planning. Of course, s/he can consider the some schools may improve the chance of such a thing happening at college graduation, but if those schools happen to be a lot more expensive, that needs to be considered in the context of the risk of assuming a lot of debt but not getting the desired employment and bonuses.</p>