<p>Hey guys,
Can anybody tell me about the strength of the economics program at Pton? I'm contemplating applying because I liked the general atmosphere when I visited, but I need a school with a strong economics/business program. Even though Pton does not have a business school, how easy is it to enter ibanking/finance industry after graduation? Thoughts appreciated!</p>
<p>If I’m not mistaken, it’s the #1 program in the world for undergraduates right now. Princeton also has Nobel laureate Paul Krugman.</p>
<p>^^ really? I thought Wharton/Sloan (MIT) was?
What about job placement?</p>
<p>economics it is supposed to be top notch. But business and management goes to Sloan and Warton and Hass.</p>
<p>Depends on what you want, theory (Princeton) or theory and application (everywhere else).</p>
<p>All I’ve heard is that Princeton is not for people who want a course extremely related to a specific career. Except its engineering program, Princeton doesn’t really have specific vocational majors</p>
<p>if your main goal is getting a job at an investment bank, private equity firm or hedge fund Wharton would probably be your top choice. Elite firms like Blackstone hire most of their analyst class from Wharton and Harvard. </p>
<p>That said, if you’re interested in doing a PhD in economics, Princeton, Chicago, Harvard and MIT would all be as good or better than Wharton. Econ theory at Penn is in the College of Arts and Sciences. Penn econ in CAS is a top 10 department (similar to Yale, NYU, Northwestern, Columbia)</p>
<p>I assure you, Princeton’s job placement is at minimum on par with Wharton, and about on par with Harvard.</p>
<p>randombetch- I’ve worked on Wall Street and didn’t go to Wharton or Princeton so I can actually be objective about this. No other school in the world places like Wharton does with the elite firms. </p>
<p>36 members of the class of 2008 at Goldman Sachs. 220+ in the bulge bracket + MBB. 9 at Blackstone. </p>
<p><a href=“http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2008Report.pdf[/url]”>http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2008Report.pdf</a></p>
<p>Even taking into account the significantly smaller size of the graduating class that goes to the finance sector? Only 166 students in 2008 went into financial services (compared to the 600+ from Wharton). Only 111 last year because of the economy. No idea how many went to Goldman Sachs and etc. though.</p>
<p>cmburns14- No, you’re actually just flat out wrong. I have lots of friends at BX and almost all of their class is taken from Harvard, Wharton, Princeton, Dartmouth and to a lesser extent, Yale. However, its far too small of a sample size to be meaningful. </p>
<p>I do know that in GS’s summer class Princeton had the second highest number of people (second to wharton) which is impressive considering that Whartonites seeking finance jobs outnumber Princetonians ~5:1. Princeton places just as well as Harvard and arguably better than Wharton. USNews rankings about ug business rankings are pretty much garbage and HYP and even Dartmouth/Columbia will universally trash the “highly ranked” business programs at Haas, Michigan, etc. Wharton is very solid but I wouldn’t say it does any better than HP.</p>
<p>cmburns14,
- the year before, the number was 24. so you can’t say that 36 is representative.
- not every one of those 36 or 24 got into ibanking division of GS.<br>
- wharton got 640 students and most of them want to do ibanking. 650 is more than half the size of princeton population. you need to take the #applying for those jobs into consideration.</p>
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<p>Where did you hear that? I’m pretty sure I didn’t meet that many students from Princeton…</p>
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<p>Where did you get this 5:1 ratio? If there really are 5x more Wharton students interested in finance (I really doubt it’s that high), it seems logical that there would be a larger variety of finance-related companies at Wharton, no?</p>
<p>Awped, I just grabbed that 5:1 from randombetch’s comment, should have made that clearer. And the Princeton representation in GS class was from a GS recruiter from when I was considering them not that long ago for a summer (3-4 years ago). I’m pretty sure it was an IBD + S&T figure, maybe that year wasn’t representative but I don’t see why not?</p>