NYU Stern vs UW?

College Search & Selection
21

<p>@FutureOfWallSt</p>

<p>You come off as very pompous for no good reason.</p>

<p>You gave anecdotal evidence for why someone should go to Stern, namely because ONE person you know made $X/yr. </p>

<p>That tells me absolutely nothing as to why I should go to Stern over say, any other school. </p>

<p>And before you come back and say “Yes it does!”, I’ll provide you an example of why:</p>

<p>Bill Gates went to Harvard
Bill Gates is (one of) the richest man alive.
Therefore,
Everyone should go to Harvard and they will be rich </p>

<p>Not only is this argument invalid, it’s unsound (as an invalid argument cannot be sound). Saying XYZ did XYZ in case such as this provides no good argumentation or evidence for doing any action X. </p>

<p>As far as your belief that it is highly likely that you can make that kind of money graduating from Stern; as you have indicated with your username and above statement; I think you need to take a look at some the average salaries of Stern graduates from a number of sources, as many include bonuses. However, most salaries fresh out of Stern do NOT break $100,000/yr INCLUDING bonuses, etc. Fact check please.</p>

22

<p>@NYU2013</p>

<p>All I am trying to say is that NYU is a better choice if you want a career in investment banking, finance, etc. </p>

<p>If I come off as pompous or arrogant, I am sorry. If it makes you feel any better, I’m 18-years-old and I haven’t done a thing yet. I’ve been accepted into a few colleges, that’s all. Not even any that are all that prestigious.</p>

<p>I was simply trying to give this student advice.</p>

<p>Would you not agree that Stern would be a better choice of school for finance than Wisconsin?</p>

23

<p>@ FutureOfWallSt</p>

<p>If all things were equal, i.e. all conditions that could obtain to be equal did, in fact, obtain then yes, NYU is the clear choice over UW.</p>

<p>However, it is rarely the case in the real world that things work so logically simple. I.e. things in the real world typically, almost never, obtain equally across situations. In the case of NYU, it is very typical that the cost of attendance is quite high.</p>

<p>Recent studies have shown that people typically do as well as the highest ranked school they were accepted to, not which school they actually attended.</p>

<p>However, business, like law, is highly based on perceived prestige; i.e. where you go actually matters. Which means that, it could be the case that it does obtain that going to UW is not as good as going to Stern. </p>

<p>If the OP can afford the Stern tuition without going into considerably more debt than they would at UW, then it would be generally recommended that the OP should go to Stern. However, it seems far more likely, at least from my quick reading, that UW would be substantially cheaper than Stern. Which means that the situation is far more complex than “Stern is better, go there” as you’ve purported. </p>

<p>Remember, an undergraduate is limited to a very small amount of money which they can borrow. The rest must come from Parent PLUS loans or co-signed loans; all of which are limited by the parent’s “borrowing power”; this in turn means that if the parents is not financially well-off enough to borrow enough money for Stern tuition, the student may have to drop out before they were able to finish.</p>

<p>So the question should come down to the following, addressed to the OP:</p>

<p>Of the two, UW and Stern, which is financially feasible? I.e. can you afford both out of pocket? </p>

<p>If not, how much more expensive would Stern be?</p>

24

<p>Both are financially feasible. But the principle of an education that is valuable and will serve me well duirng my 4 years and after is most important. I just need to justify that extra money- if I get into Penn or Cornell or Notre Dame, I have an easier time justifying the higher tuition because those schools are more prestigious than UW and have strong reputations in the banking world. I’ve never been so sure about NYU though, it just has that rep of wealthy/underperforming kids, although no doubt there are plenty of excellent and motivated students at NYU.</p>

25

<p>FutureOfWallSt,</p>

<p>You were naive to think that bunch of those Stern grads filling out the survey got private equity positions. You totally overrated the value of Stern degree while at the same time, underestimating how competitive it is to get into PE.</p>

26

<p>The “underperforming/wealthy kid” stereotype really irks me. </p>

<p>NYU is not a “rich kid school”. There plenty of people from all kinds of socioeconomic backgrounds at NYU. </p>

<p>NYU is not “underperforming”. Tisch is the best school of its kind; admissions is extremely competitive. Stern is one of the best business schools in the country and one of the best undergraduate business schools in the country. CAS has some very outstanding programs as well - philosophy, economics and politics to name a few. </p>

<p>In my time at NYU, I’ve taken quite a few classes from professors who are currently conducting world-leading research and are leaders in their respective fields. </p>

<p>NYU still holds a somewhat negative connotation because, say, 30 years ago, NYU was not a top college. Not only that, NYU does, unfortunately, have a very high cost of attendance; namely due to its location. These things combined have left NYU with a bit of a negative reputation left over from the past few decades. </p>

<p>However, the reality is that in many departments at NYU, the faculty is outstanding. And NYU has, for a number of programs, stolen professors from the Ivys and the like to boost their academic reputation.</p>

27

<p>@Jgolfer</p>

<p>I would advise you to check out these two threads for some good insight into the school/business.</p>

<p><a href=“http://talk.collegeconfidential.com/new-york-university/1023054-current-stern-sophomore-ask-me.html[/url]”>http://talk.collegeconfidential.com/new-york-university/1023054-current-stern-sophomore-ask-me.html&lt;/a&gt;
wallstreetoasis.com (filled with ■■■■■■, but decent advice if you’re careful)</p>

<p>As to the schools you mentioned about justifying higher tuition, I could understand going to UPenn > Stern (although CAS at UPenn vs stern would be close), but I don’t think you would want to go to ND for top wallstreet jobs paying full tuition. Cornell AEM and Stern are pretty close, but if you’re interested in purely working in finance I would recommend Stern just because you can intern during the year. (look at the concepts of target vs. nontarget schools). </p>

<p>I’ve heard that University of Wisconsin is pretty good for econ, and at 10k a year its great deal. If you’re a good student and you feel you can get a 3.8+ there in hard math fields, you might be able to land a great job after graduation. You could also go there for two years and transfer as well. I think you also have to ask whether you can easily afford Stern (no problem for your parents, only child) or whether it will be a challenge.</p>

28

<p>After re-reading what I said, I sounded kind of ignorant.</p>

<p>University of Wisconsin may not have AS good of a business school than NYU, but with the money issue, it may make more sense financially to attend there Still, the decision is all yours.</p>

<p>Regardless of where you go, if you work hard, ace the GMAT and maintain a solid GPA, you will have little trouble finding an option after graduation.</p>