I am a Williams grad with a cousin who went to Vanderbilt. For me, it’s Williams hands down, but a lot of it is cultural fit. The schools have a very, VERY different feel and attract different types of students. Vanderbilt is relatively big, very Southern and very frat and sorority-oriented. I was struck when I visited there by just how many students wore (if they are male) pink or blue button-down shirts, boat shoes/sandals and khaki shorts, or sundresses if they are women … it felt a bit like a 1990s’ J-Crew ad. Williams has far more of a crunchy / outdoorsy / quirky vibe. A bit more diversity in terms of geographic origin of students, socioeconomic diversity, and just outward appearance of students. No frats or sororities, no exclusivity to social life, etc. Just a totally different type of social scene and student body. While kids are equally smart at either school, Williams I felt had a more intellectual environment with students genuinely interested in learning for learning’s sake, whereas Vanderbilt students were a bit more career-focused and also social-status focused, again, at least that is the vibe I got.
Regarding investment banking / consulting, you really can’t do better than Williams. All of the top banks and consulting firms aggressively recruit the (fairly small pool of) Williams alums, and there are MANY prominent Wall Streeters who hail from Williams, especially when you consider how small the alumni pool is … there is a reason that Williams has a 2.5 billion dollar endowment despite having no graduate programs and a small fraction of Vanderbilt’s alumni base, and it’s thanks largely to a lot of very generous and loyal alums who have been VERY successful on Wall Street or in business (Herbert Allen, Andres Halvorsen, Bob Scott, Chase Coleman, Jimmy Lee, Clarence Otis, Steve Case, Mayo Shattuck, etc. etc. etc.).
There are loads and loads of campus activities. You won’t get bored. Because the school is relatively remote, students tend to be super involved in multiple extracurriculars. There are always loads of speakers and arts and athletics events to attend, as well. Especially music events. The Berkshires are also an arts mecca and there are events to choose from throughout the year at MassMOCA, and to a lesser extent The Clark, two of the best museums in the entire U.S. which are both very close to campus. And if you enjoy outdoors activities, there is no shortage of hiking, golfing, skiing, and so forth to keep you entertained. Nashville is however an awesome city, one of my favorites in the U.S., and Williamstown obviously can’t compete as a food, music, or nightlife destination, so you have to judge how important the amenities of urban life are – but in college, I think you find yourself super busy between classes, friends and activities. And Williams remember is 3.5 hours from both New York and Boston, and five hours from Montreal, so it’s easy to get away for a weekend if you are feeling a bit claustrophic. As great as Nashville is, it doesn’t have the proximity to other major cities like Williamstown does.
Vanderbilt certainly wins in the weather department, however, hands-down. Both are beautiful campuses but I prefer Williams, owing to the bucolic mountain setting.