Accepted into both University of Michigan Ann Arbor LSA economics and NYU CAS economics… NYU is giving around $20000 for scholarship. Which university should I go to? Which one is better for employment, student life, etc? Thanks so much!
Tuscon, Michigan and NYU are roughly equal in Economics (both in terms of academics and in terms of job placement), and both have equally amazing Wall Street connections…almost exclusively open to Ross/Stern students. LSA/CAS Econ majors from either university will NOT have access to the majority of Wall Street on-campus recruitment activity.
Personally, between those two universities, I would go for fit. Michigan offers a more traditional campus experience while NYU is a more urban college experience.
@Alexandre would it be better to transfer to Stern/Ross then if I can? I’m not necessarily wanting a job in the Finance though… I’m more interested in international/development economics. Thanks for ur reply!
Rather than the amount of scholarship, can you list each university’s net price* and your parents’ budget (without loans)?
- net price = (tuition, fees, room, board) - (grants+ scholarships)
You have been accepted at two schools with top economics programs, 7th (NYU) and12th (UMich) in this analysis based on faculty publishing: “US Economics Departments,” IDEAS.
nigamoo, given your interests, you can go to either school and be equally well served. Go for fit.
ok thanks everyone!
What Alexandre said is false about NYU CAS econ major not having access to the majority of on campus recruiting activities. Not positive how it works at Michigan, but at NYU everyone has access (CAS, Tisch, Gallatin, etc).
NYU CAS Econ majors do well and have seen quite a large number of them actually land great Wall Street positions in IB/ER/S&T etc. I think it may have to do with ability to market themselves as a result of proximity to firms that look for interns and then turning that around and spinning that experience well in interviews.
qwetyzxc, at Michigan, only Ross students have access to the Ross career office. Many firms recruit campus wide, but some firms, particularly Investment Banks, focus almost exclusively on Ross. They also recruit quite a lot of CS/Engineering majors, but mostly for Ops positions. Economics majors can land jobs on Wall Street, but it would not usually be as a result of on-campus recruiting. Not that it matters. The OP is not seeking a career in finance.