Recruting: Stern & CAS

<p>I am aware of the fact that when investment banks like jpmorgan and citigroup come to nyu to recruit for summer analysts they are going for the stern kids, but if you are a student at CAS can you still attend these events (held by or at Stern)?</p>

<p>Yeah I'm kind of curious about this too...I'm guessing this won't be a problem because it's within the same university...I mean NYU doesn't have a problem with CAS students taking Stern classes....or so it seems.</p>

<p>Yes you can, and as a CAS economics major you are allowed to join all the Stern clubs.</p>

<p>I'd like to amend what FBI_34 said - as ANY major, you can join all the Stern clubs, aside from some of the academic frats, since they require specific majors for that.</p>

<p>Also, anyone can go to recruiting events, but some companies do only recruit business majors. These tend to be the smaller, more boutique firms, though. Most of the large firms are open to either all majors, or to the traditional business majors + math/econ/physics/statistics type majors.</p>

<p>Does anyone know when all of the ibanks will be coming to nyu for the summer analyst program? I was told January but it seems as though some resume deadlines are up already (Lehman had one today, oct. 29th?)</p>

<p>Someone told me that if I wanted to goto law school and be a corporate lawyer or investment banker, it is better to attend CAS. 1) it is easier to get into 2) the curriculum is easier 3) getting into law school you have an equal chance from either. Stern they said is only good if you wanted to enter the workforce directly. </p>

<p>Does anyone agree/disagree?</p>

<p>gonsenheim: Those resume deadlines are for full-time opportunities. Summer analyst recruiting starts the very day after winter break ends, so spiff up your resume now and get some interview practice in!</p>

<p>carnegie111: yeah, it's probably the same from CAS and Stern to get into law school. My only question is... wth would you go to law school to become an investment banker? If you want to be an ibanker, you can do that straight out of undergrad - if you want a postgrad degree, get an MBA, then start as an ibanking associate. I don't see the advantage of a JD, esp since it's an extra year of $50k tuition and doesn't even prep you for IB. Now, corporate lawyer - CAS or Stern is probably fine, but if you had Stern undergrad, I'd guess you'd have a slight edge when it comes to internships after 1L. Just my guess though.</p>

<p>Stern only gives you a slight edge for IB even, the way I see it, since the econ department is jointly administered by Stern and CAS anyways, and the Stern classes have harsher curves, which means lower GPA, which means you might not get interviews. Besides BBs couldn't care less what you majored in, all they want is someone who's smart and can do the work.</p>

<p>i'm interested in i-banking, but i want to major in economics, instead of business, because i'm planning to do MBA. i find that stern also offers the econ major. but are the courses as good as those of the cas? it seems the cas has a larger econ faculty... but stern is more prestigious, right? also, my friend, who's a sternie, keeps telling me that stern's finance major is much better than its econ major, but i kind of think finance is too narrow a branch. what do you guys think? thanks a lot~!</p>

<p>Stern gives a big edge for IB, because the field is heavily related to finance not economics.</p>

<p>If you want to go to business school, you should probably major in economics.</p>

<p>thanks for your responses, hupkorea and fbi_34~
and do you guys know how stern's econ major is?</p>

<p>I agree that finance is too narrow, but if you want to do IB, then the Stern name will help you land a job. Plus, the finance department at Stern is one of the best in the nation. However, the NYU econ department is ranked #10 in the U.S., and NYU in general is well regarded by employers.</p>

<p>If you look at the list where last year's econ graduates landed jobs, you'll see that many obtained jobs with several BB i-banks (of course they must have had a 3.5+ GPA) and others landed jobs in corporate finance. If you want this list, go to the econ department at 269 Mercer Street (7th floor) and pick one up. In addition, I have spoken to several banks that have come to campus to give presentations and all say that they look to hire economics majors as well as history and political science majors for analyst positions.</p>

<p>By the way, the economics department is shared between CAS and Stern. Bottom line - If you decide to major in economics in CAS, you should also do the pre-business minor in Stern. It will give you the most of the finance/accounting skills you'll need to be a successful analyst.</p>

<p>helen-li685:
I disagree with FBI_34 on one point - it doesn't matter what you major in if you want to do an MBA. The reality is that you almost always need some work experience before you apply to business school. An econ major will not give you an edge in MBA admissions. I have heard that sometimes MBA schools will waive some of the MBA required classes for undergrads with a business school degree, but that is too uncertain to make or break your decision to apply for CAS or Stern. </p>

<p>I'm guessing from your nick that you're a girl, so you can at least rest easy knowing it'll be way easier for you to get into a good MBA program based on that alone. Just so you don't think I'm pulling this out of my butt, MBA admissions officials told me so at a conference. Women are only 30% of MBA programs, sooooo... yeah. Get good work experience. That's more important for getting into an MBA program (also, good GMAT scores). </p>

<p>If you're interested in econ, by all means, major in econ. I don't think it'll narrow your employment choices, since most of the major firms don't limit their analyst recruiting to finance-type majors. It may hurt you in th IB recruiting process though, just because you won't know as much as other people, but you can make that up through studying. However, it won't really give you an EDGE in recruiting. </p>

<p>Also, if you only don't want to major in finance because it's "too narrow"... you can always double major in finance & econ if you're in Stern. Stern & CAS econ majors take the exact same classes - you're just required to take fewer classes if you're in Stern. Just saying!</p>

<p>^ lol what youkosiren is saying is definitely true (we do get to take fewer required courses than CAS kids), but also be aware of the "Stern Curve"... hmmm</p>