<p>Which program is better for I banking? or Hedge Fund?
I heard HYP undergrads are overlooked by managers for Whartonites. Is that really true? even for Princeton ORFE undergrads?
What are your thoughts on ORFE and Wharton Finance?</p>
<p>Princeton ORFEs do very well and are by no means disadvantaged when compared to Whartonites. From my own personal experience, I think HYP undergrads in general have an easier time than Wharton students.</p>
<p>I'm an ORFE major (though I'm a rising sophomore, so I have very limited experience in the department). All I can tell you is that as an ORFE major, you'll get one of (if not the) best undergrad quantitative finance education(s) possible. I suspect that, given the profile of where our seniors go on to (you can see those profiles at Operations</a> Research & Financial Engineering), managers are very aware of how good the program is - I don't think there would be any disadvantage vs. Wharton.</p>
<p>what about ORFE at Columbia? How does that fare in comparison? Thanks.</p>
<p>Pimp Daddy, Why do you think that ORFE grads have a better time than wharton grads? (grad = undergrad)</p>
<p>There is only going to be a negligible difference in recruiting amongst the top "target schools" like Wharton, Harvard, Princeton, etc. I would disagree with PimpDaddy1, though. How would an Ivy League business school grad be at a disadvantage to Ivy liberal arts grads? Wharton is of the same caliber/prestige as HYP.</p>
<p>welll...for one thing it's not a liberal arts degree</p>
<p>Blackstone private equity recruits undergrads almost exclusively from penn and harvard.</p>
<p>For wharton's 2007 graduate survey,
27 kids went to citi, 27 went to lehman, 24 went to goldman ,22 went to morgan, 21 went to ubs, 15 went to mckinsey, 7 went to blackstone, 6 went to lazard.. etc..
(full list: <a href="http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2007Report.pdf%5B/url%5D">http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2007Report.pdf</a>)</p>
<p>The list</a> of jobs taken by ORFE graduates at Princeton doesn't really compare to the Wharton survey in the post above me.</p>
<p>Also, liberal arts degrees are not preferable in business. It would either be the other way around (within a university that offers both) or there would be no preference at all. Plus, engineering degrees are not liberal arts degrees, and yet programs like ORFE and financial engineering do well placing their grads.</p>
<p>^^^ That's what I was trying to get at.</p>
<p>any orfe grads that can offer insight into how their careers are going?
do u guys go into Investment Banking or Operations (which i heard sucks)?</p>
<p>bump anyone?</p>
<p>Wharton is arguably the best place for undergraduates hoping to get into I-Banking (along with Harvard). Every year, they place a ridiculous amount of kids into summer internships and full-time positions with investment banks, private equity firms, top hedge funds, etc. This should make sense considering the renowned reputation as a number one business school and the amazing alumni relations. The caveat to this of course is that I would assume a very large amount of students in Wharton want to get into investment banking, so the competition in your class should be fierce (I've heard the same thing of NYU Stern), especially for the very top firms. </p>
<p>Princeton, while a little less sought out by as many firms as Wharton, is still very heavily recruited by a large amount of firms. In addition to this, your resume will be taken very seriously at other places you apply with a name like "Princeton" on there, even if they don't actively recruit at your school. I would assume has less students who hope to go into the field, as well (less students are probably ORFE majors than finance, accounting, or economics majors at Wharton). As a result, the competition in your school at Princeton will probably be reduced. </p>
<p>The bottom line is that you will have tremendous amounts of opportunities at both schools and the best thing is to just choose the school you think you will enjoy more. When dealing with both of these schools, your selection should be centered around "do I want to live in a big city or smaller town", "which student body do I like better", etc., not about your career. Sure, Wharton probably has an edge for finance, but I would find it hard to believe you would have too much trouble getting a job you want at Princeton. If you do well at either school, the world is your oyster.</p>
<p>I know this was posted years ago, but as an ORFE senior at Princeton I have to make my thoughts known on this topic. It makes me irate to even hear people suggest that Wharton and Princeton ORFE are comparable. ORFE is an ENGINEERING degree at Princeton. That’s right, and logically we know what that implies; ORFE, unlike Wharton, offers difficult course material. ORFE is NOT a business degree. ORFE majors graduate with a strong background in CS, Mathematics, (and some physics), and are fully qualified to go into very technical fields, which Wharton majors certainly are not. ORFE is NOT a finance degree, Wharton is. ORFE is Princeton’s version of an Applied Math program. I do not deny that Wharton majors have an easier road to I-Banking, but many ORFE majors do not go the Finance route. (I would estimate that 50% go into finance, while the remaining 50% go either to grad school for OR/Applied Math or into some version of Software Development/Data Science. Do not compare ORFE to Wharton; ORFE students are far more intelligent and technical than Wharton students. Wharton students simply have (arguably) better connections than ORFE students to get into financial institutions. </p>