Is NYU Stern bait

Intern in ER

Anonymous

9mo

I mean if you take like, Fordham, you could say all the same stuff no? If you bust your ass from anywhere you can break in, isn’t the whole point of target schools so you don’t have to bust your ass as hard (in terms or networking/connections/placements, not academics)

Mike Vennett

Senior Orangutan

9mo

Yes but stern has a considerably lower acceptance rate and is considered a target right?

ScionCapital

Senior Baboon

9mo

Not necessarily. The benefit of attending a target school is that you are able to maximize the chances of landing an offer due to the established recruiting pipeline and the breadth of IB opportunities available. Non-target schools like Fordham clearly lack this. Moreover, no matter how hard you "bust your ass" from Fordham getting interviews (let alone an offer) at top places like EVR/CVP/GS TMT are essentially zero. Yes, you still have to grind at Stern, but at least these opportunities are still within your reach. Another important caveat is that at targets and other top schools, you are surrounded by extremely smart and motivated peers that will keep you on your toes come recruiting season. Sure, this may seem like a con due to the increased competition, but I can say from firsthand experience that trying to concentrate on IB recruiting when most people around you are lowkey dumb, lazy and getting blasted every night can be very demoralizing to say the least.

Analyst 2 in IB-M&A

Anonymous

9mo

If you have to ask the question, you already know the answer

Analyst 1 in IB - Cov

Anonymous

9mo

It’s a good school that preps you for IB, would I take it over Dartmouth… Definitely not.

chipndip

Chimp

3mo

NYU Stern has always been a top b school and places very well into IB (if you do the work I.e. 3.7 GPA and have viable high finance internships you should have no issue getting a pos at a BB.

Stern is very competitive tho, every kid wants to do IB or PE etc and the Stern curve makes the environment super toxic…

However this is based on personal preference. Topic at hand Stern to IB without a question doesn’t get much better. The Stern name presents you with a lot of credibility for getting internships etc, more so than it did even just 5-10 years ago. but also (from personal expirence) kids from stern can also come across as pretentious pricks. It’s very double sided at stern. I’d say college experience wise, pretty meh, preparation and placement for finance roles (IB in particular) is top.

out of the ~650 stern graduating class 40% go into IB and an avg starting salary of 90k+ is nothing to shrug off (in terms of how much tuition is it’s really only worth if u go into IB) but with 30%-40% going into IB (and ~15% top banks) if u got that gpa and internships (maybe 2 club connections or high roles in clubs) you will be more than fine to get into a top BB

this was a bit of a rant but I’ve seen a lot of negativity surrounding stern as a whole and wanted to straighten things out how I see it having attended stern and now working at a BB.

From what I’ve seen undergrad wise, lots of Wharton kids, ivys in general (more so in consulting then IB), but Stern is very very well represented, over other top schools like Ross, Marshall,Dyson, Wake Forest Etc.

but more than not (from personal expirence and looking online) You’ll most commonly find Stern Grads and Wharton Grads at these top firms and around Wall Street. However, at the end of the day, going to Wharton or stern is great but wont mean anything if you don’t put in the work to break into IB or PE etc…

Definition of Commitments and Contingencies

Prospect in PE - Other

Anonymous

3mo

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