Tufts vs. NYU Stern

<p>Hey everyone,</p>

<p>I know everyone hates these threads, but I am in a deadlock between these two schools! </p>

<p>I currently want to study economics, and I know both schools are great for it. I REALLY like Tufts, but one of the main issues I have with it is that compared to Stern, internship opportunities as well as jobs after graduation will be harder to come by. Furthermore, I do love NYC, but if I do end up going to Tufts, I still love the 'burbs where its campus is.</p>

<p>Because I think I would want to go to a good business school after graduating (which needs at least 2-3 years of experience), going straight to a grad school would not be an option for me.</p>

<p>Furthermore, I heard Stern is VERY competitive, while Tufts seems to be a bit more relaxed. </p>

<p>Anyone have any advise on this matter?</p>

<p>Thanks!</p>

<p>Well, a really good family friend of mine attends NYU Stern and I have to agree with you that there are many, many job opportunities. She did a study abroad program at Shanghai for a year and reaped many benefits and “connections.”</p>

<p>However, one thing she mentions over and over is that NYU Stern is cut-throat competitive and she hates it. Sometimes, friends would stab each other in the back to do well in classes or to obtain better jobs with higher wages. Now, I’m not saying that is 100% the case in Stern but I’m just voicing the experience a student had there.
Now she graduated from Stern and bought a BMW her second year working (She’s 24) O_O.</p>

<p>However, I would point out that no school can be considered more “relaxed.” I wouldn’t be surprised if Tufts was just as academically rigorous or perhaps even more. But the environment of Tufts seems to be warm and friendly.</p>

<p>I would go with the lower costing school, and if the costs are comparable, visit both schools and pick from there.</p>

<p>Stern would be the obviously choice if you wanted to go into investment banking; The NYU name just carries better in NYC than Tufts.</p>

<p>Otherwise it probably wouldn’t matter, and you should choose the school you like the most.</p>

<p>I think the overall education you get is at least as important in the long run. I suspect that you would have greater latitude at Tufts to learn to think in different ways. You will have to work harder and use contacts to get internships, but Tufts has a very nice feel (it has a campus but you can get into the city via subway), it’s got dorms, and is a school that has been on the way up. Not clear either is a bad choice, but I think traditional liberal arts education with an econ major is likely to bode people well in the long run as they have to adapt to changing economic conditions and job markets over the life of a career.</p>

<p>I guess what I meant by more “relaxed” was not crazy cut-throat people who only care about their education and no one else, which I’m a bit afraid Stern will be filled with. Honestly, when I spoke to a current senior, he said that Tufts was AMAZING for his first two years, but in the internship/ job area it might not have been the best choice for an econ student.</p>

<p>dancer22, honestly, if you’re going for that 6 digit starting salary, which is very understandable, go to Stern and work hard.</p>

<p>I’ve noticed that you’ve been mentioning the jobs/interning area lot, so… Stern will probably be the better choice.</p>

<p>Hey, I’m in a similar situation as you. Whether to go to a Business School or to Tufts. If you want, there is a whole discussion about Investment Banking on CC. </p>

<p>About 2/3 of the people in investment banking are from Non business schools such as LACs and do econ major. Investment Banks do come to Tufts to recruit, the CEO of JP Morgan is a Tufts grad. It is true that getting a job in investment banking will be slightly harder, but surely not impossible. There are students from Tufts in Investment Banking, and doing well in it. </p>

<p>There is a trip which Tufts students organize to go down to Wall Street and meet people and alumni for networking. In the end of the day, alot of investment banking is networking and Tufts helps you do that. Tufts has good career services as well. </p>

<p>Here are a few Links which might be useful:</p>

<p>[Tufts</a> Economics Society](<a href=“Tufts University”>Tufts University)</p>

<p><a href=“http://talk.collegeconfidential.com/investment-banking/[/url]”>http://talk.collegeconfidential.com/investment-banking/&lt;/a&gt;&lt;/p&gt;

<p>It is true that the education you will receive at Tufts will develop you as an individual and make you a better person and thinker. It might be harder get start off with a job in investment banking but getting into a good MBA school from Tufts will be easier as compared to from other schools. Once you come out of an MBA, you can surely join Investment Banking.</p>

<p>I hope this helped! I would probably choose Tufts over Stern simply because you develop more at Tufts as compared to Stern</p>

<p>Have you been to the admitted students days?</p>

<p>Those should help you decide :)</p>

<p>Hey I work at Merrill Lynch, and I see no tufts graduates at all. I would pick NYU Stern in a heartbeat. ( as a matter of fact, I did) The overall education at Tufts is superior, maybe even the experience too, but Stern is very hard to beat. The only ibanking interns I see more than Stern are from top ivies like HYP, or Wharton.</p>

<p>Offtopic:
NiraliMag-- I’m curious as to what you do as an intern at Merril Lynch. You’re a Senior in HS right?</p>

<p>Nothing important obviously, but what he says is true. In highly competitive/saturated fields that also have no reliable way of distinguishing true ability, such as investment banking and law, the name of the school you go to along with your class rank makes all the difference.</p>

<p>Of course this is only true for investment banking directly out of college, not business grad schools(MBA), which the OP originally referred to.</p>

<p>Why do you think Tufts internships are hard to come by? I’d really like to know.</p>

<p>NiraliMag - The only reason you dont see Tufts students in Merrill Lynch is because not many want to go into Investment Banking. However, those who do want to go, get into some of the best investment banks around. Its matter of what you do in college. Yes, as I said before, it might be a little harder to get into an I-Bank, but if you want, you surely can and the Tufts reputation will help you!</p>

<p>^^^^^^ I was just about to say that. </p>

<p>And while I won’t comment on the atmosphere at other schools, I think you can look at some of the commentary in this thread and see why there aren’t many Tufts seniors looking towards I-Banking. Think about the kinds of students that consciously seek hardcore academic challenge without the cutthroat environment, and they are not often the sort interested in that field. I know Quantitative Economics majors who went into I-Banking (and no ZERO trouble landing great jobs) who wanted that experience, but they aren’t a gigantic segment of our population.</p>

<p>Contrast that with a business school, where almost everyone wants a job in a related field. I would have no difficulty showing you seniors who had easily successful job searches in finance (even this year), however they take paths wildly different from what you’ll see in a business school.</p>

<p>The real question: How badly do you want to take business classes? You can go up and down forums like CC or talk to recruiters for businesses and you’ll hear the same thing over and over again. Being a Business Major (for undergraduate) offers little competitive advantage over something like History, IR, or Political Science. If what you’d like to study is Management and Organizations or Information Systems. then Tufts is not the place for you. If you’d prefer an education with greater emphasis on interdisciplinary studies and the liberal arts, you’ve got a decision that leans (in my biased opinion) the other way.</p>

<p>People are over-generalizing the term “investment banking”.</p>

<p>[A</a> Career in Investment Banking](<a href=“http://www.ca.courses-careers.com/banking.htm]A”>courses-careers.com)</p>

<p>[Investment</a> Banker](<a href=“Career Search | Career Choices for Me | The Princeton Review”>Career Search | Career Choices for Me | The Princeton Review)</p>

<p>The highly sought after, 150k/year directly after college, jobs with eminent opportunities of advancement do require specific qualifications.</p>

<p>

You are “rong.” I’m guessing by your 17 posts and your screen name that you haven’t been here very long and are blinded by the Ivy League, but if you haven’t heard of NYU Stern then you don’t really know anything about business schools. Sorry if that was a little harsh, but I think it was necessary.</p>

<p>hebrewhammer-
don’t worry about seeming a little harsh; your comment was appropriate. It’s not just the screen name and the limited number of posts, but the content of the posts. S/He is a puerile ■■■■■.</p>

<p>I’m hoping to matriculate to Tufts this fall through their REAL Student program, and being a NY resident I know the great opportunities offered by Stern. A friend of mine, a managing directer of an alternative investment firm in the Middle East, went to Columbia and told me how his school actually sent some of their students to take a “portfolio theory” class offered at Stern. In my experience, the people I have met who either work at, or own a financial company say the same thing: The name of a school MAY get you an interview, but your abilities will keep you there. Take it from me, a soon to be 25 year old geezer (comparatively speaking), these are both great schools. Do not feel that you will make an irreparable mistake by choosing the “wrong” one. Don’t mind the low post number, I am pretty new to this site.</p>