<p>Here is my perspective on NYU juxtaposed with Rutgers. FULL DISCLOSURE: I’m currently a student at Stern, and while I have never studied at Rutgers, I know a few students from there and can share what I’ve heard.</p>
<p>NYU - Great school, IF you know what you want to do post graduation, and how NYU may help you get there. NYU can really be split into several schools with different admissions requirements, students, personalities, etc… with the only common linkage being the name and location. That said, Stern (business), Courant (math), and Tisch (film) are the most competitive, but offer the best chances for a positive ROI. I can’t comment on the College of Arts and Sciences (CAS) or other schools at NYU, but know that their students’ job prospects have wide degrees of variance.</p>
<p>NYU Stern - Amazing professors, great resources, awesome network. You’ll rub elbows with the top professors in the world, no joke. Next semester, I’m taking a class with Prof. Altman (Yes, the guy who created the Altman Z-Score), and Nobel prize winner Prof. Engle. Also be prepared to meet with top business leaders across the globe (GE CEO Jeff Imelt and Nobel Laureate Mohammad Yunus are among the leaders that spoke on campus last year). Top firms know this and also want access to the network (Professors, alumni, etc), and recruit at Stern extensively not only for its talented students, but also to maintain ties to the university.</p>
<p>The NYU Stern degree opens a lot of doors for you, and you’ll be a part of a large alumni network and will have front door access to the top professors (Damodaran, Roubini, Engle, Altman, etc…). Top tier corporations flock to the school, and the resources available to you are amazing. </p>
<p>Rutgers (business) - Good school, but not in the same league as Stern (words from friends, don’t shoot the messenger). You’ll get a good education at an affordable price, and if you plan to go to grad school, you can always shoot for Stern or other top b-schools later. The students at Rutgers also tend to be different from those at NYU; Sternies tend to be more driven / competitive, and there are no “hoodies” (a phrase I’ve heard to describe many students from Rutgers)</p>
<p>While Rutgers business majors may boast decent job prospects, it’s not in the same league as Stern on Wall St., or among top tier firms. You won’t get access to the NYU network, where many alumni turn to post job listings. Stern is also great for getting internships at top tier firms; in this bad economy, I’ve found the top firms to scale back or cut off recruiting at non-core schools, as they often fill up their limited spots with students at their core recruiting programs (Stern is a core school in finance and marketing related fields).</p>
<p>A lot of my Rutgers friends boast that “and our professor also teaches at NYU…”. That may very well be true, but rest assured those professors are usually adjuncts and are not the ones that put Stern on the map. I’m sure Rutgers has great professors, but at Stern, your professor is also likely to be the one that wrote your textbook and is known to be a leader in his/her field. One alumni even commented that Stern is the school with celebrity professors, since the press is always on campus doing interviews or searching for insights. </p>
<p>In the end of the day, if you want a high paying job on Wall St., Rutgers in all likelihood won’t get you there (in this economy, Stern might not either). That may mean the difference between a $50k / year job at a reputable firm in NJ, vs. $120k / year at a top investment bank. But Wall St. isn’t for everybody, and many people don’t care about the NYU name brand, pedigree, or the alumni network. It’s a personal decision. I’ve enjoyed my time at Stern; my classmates are smart and talented, and I know that I should I need a favor for them in the future (ie… a job), they’ll be well connected at their respective companies and I’ll be taken care of.</p>