NYU Stern Recruiting/Target

Hey monkeys,

I've been browsing through the forums and found some older topics about NYU Stern recruiting but nothing quite recently. What are everyone's thoughts about status quo NYU Stern with respect to recruiting/prestige among all business fields? Just would like to hear everyone's $0.02.

Thanks!

 

Are you talking MBA or undergrad?

My impression is that both do relatively well in Finance on the east coast, and other industries in NYC. It is a good school in a great location for certain fields (finance, consulting, anything else big in NY). Some people say that it plays second fiddle to Columbia, esp. at the MBA level - I think this is probably true.

Here are the MBA employment stats for class of 2011: http://www.stern.nyu.edu/programs-admissions/full-time-mba/career/emplo…

 
Best Response
shorttheworld:
dunno if id say nyu is a great school for consulting? fuqua and ross definitely are the second tier kings at that for respective areas but wouldnt say stern is a powerhouse at all in consulting.. good for IBD...
Dude - 20% of their most recent class went into consulting and had the highest starting salary (base) of any of the industries in their employment report. NYU is a very good consulting school. That's less than Fuqua and Ross (around 30% each), but Stern is no slouch for consulting. Also consider more Stern kids want to do Finance so it pushes the number down (though this can be a bit circular - do fewer students want to do it at Stern because it's not as good? This is a hard question to answer). Either way - I think the numbers suggest Stern is a solid consulting school.
 

Stern (Undergrad) is strongly geared towards banking. Almost every elite boutique (Lazard, Evercore, Greenhill, etc.) and BB (GS, MS, JPM, CS etc.) with a presence in NYC comes to the campus for recruiting. DB didn't come this year and Blackstone decided to back down and focus on hiring more Harvard kids. However I know people in Stern that were able to secure positions at both firms despite the lack of OCR. Since Stern is a business school recruiters usually expect students to know their technicals and understand accounting.

Placement in the past two years has really skyrocketed as firms look to hire regionally. I've personally met a number of people who recently graduated that have been placed in top groups in various banks. While not everyone gets an FO role at a boutique or BB, most do. However there are a ton of buyside firms, usually AM, that also come to Stern to acquire talent, so there's options other than banking.

Admittedly, consulting isn't one of the schools strengths. Yes there are a few that get into MBB but due to the focus on banking you won't see nearly as many people in the consulting field.

Disclaimer: I go to Stern. Feel free to shoot me a PM if you have any more questions.

 

I will weigh in on the Columbia-NYU debate. I turned down Columbia for a scholarship at NYU (MBA). I met a lot of people at both schools and researched the recruiting issue thoroughly before making that decision, and I would say that ceteris paribus, Columbia's edge in recruiting is very marginal. For sell side, there's no difference. Both schools will get you interviews wherever you want, and if you interview well you'll get the job. For buyside, Columbia has an edge in terms of numbers, but that's because they have more students with pre-MBA buyside experience. Columbia has slightly more OCR, also a product of the student body, but at both schools, the vast majority of buyside recruiting is done off campus and both have excellent alumni networks in the industry.

So I think the bottom line is if you have buyside experience, you'll probably do pretty well at either one, but Columbia will offer you a small advantage in OCR. If you don't have experience, you're equally unlikely to get a buyside offer. It will come down to how well you can network and how well you know your stuff. The schools themselves are virtually equal overall in recruiting.

In terms of everything other than recruiting- academics, extracurriculars, faculty, student body, location, etc., both are great but I personally preferred NYU regardless of the scholarship.

I am wise because I know that I know nothing -Socrates
 

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