Stern vs Vanderbilt vs Rice vs UVA

I'm having a tough time deciding where to go for undergrad.

I know Stern and UVA are generally considered target schools, but I have scholarships at Vandy and Rice. Would going to Stern be worth going into debt for? I also heard life sucks there, so how realistic is it to break into a BB from Vandy or Rice?

Any advice is appreciated!

 

From what I have heard/know:

Rice = Heard it is great for BB Houston Firms, but not as strongly represented on Wall Street. Stern = Extremely cut throat environment and basically have to be top of class with multiple internships and ECs to get invited to OCR sessions. Basically betting on yourself to be top 10% in class for all of those categories. UVA = Amazing school with great learning environment just don't know very much about recruitment there (not to say there is anything wrong with it, just don't have personal experience) Vanderbilt = Don't know too much about besides it being a solid school.

 

Personally, I'd take rice and not look back. Definitely the top school all around out of those 4. Even if it's not as well represented on wall street, it is still very respectable. + it is a great environment.

 

My friends that go to Rice think it is very boring. Not exactly the craziest social scene. But if you don't care about the social or sports scene then don't worry about it. Very good school obviously. You can definitely get into a BB but it will be tougher to go to NY than Houston. I have seen people intern in Houston and the bank let them do FT in New York.

I would go to UVA.

 
Eric Stratton:
My friends that go to Rice think it is very boring. Not exactly the craziest social scene. But if you don't care about the social or sports scene then don't worry about it. Very good school obviously. You can definitely get into a BB but it will be tougher to go to NY than Houston. I have seen people intern in Houston and the bank let them do FT in New York.

I would go to UVA.

Rice social scene is definitely repetitive...3500 students, you end up seeing the same people at the same parties every year. Only wet campus in the state is a plus, the campus police are far from assholes, and there aren't any dick student RAs raiding your room for alcohol. Sports...yeah baseball games are a good social event and football games to some extent, but a lot of people could care less. Small size is a plus and minus, plus in that you really get to know a lot of different people and leadership opps are there for the taking more so than any other school. Bad news is that you end up seeing most people at some point or another, so it's difficult to avoid anyone completely. Rice isn't for everyone, but there's a reason why it is ranked best quality of life very consistently.

Like the previous posters said, Rice is great for Houston. I think you'll have less competition at Rice compared to UVa/Stern because there are a ton more kids applying for spots in NYC from a lot more schools. Obviously there are more positions in NYC vs. Houston, but I think the odds are a bit better for a Rice student getting into banking versus a UVa/Stern student. Rice generally doesn't have students that actively seek out banking/consulting compared to Stern (a la Cartwright's high school band comment), so if you have your shit together, are a normal, social kid, get an internship or two before SA recruiting, and have a decent GPA then you'll be set for recruiting. However, if you could never see yourself working in Houston after school, then don't go to Rice.

 

I hear UVA is great and is well-represented on the Street.

I would choose NYU and bust my ass at the OCR events. But I love the city so my view is biased

Super Nintendo, Sega Genesis - when I was dead broke man I couldn't picture this
 

I have more or less a full ride at Rice and Vandy, but I'm just not sure how I would fair come time to look for internships and jobs. I really want to work in NYC. I got a very morose vibe at Stern when I visited, but my experience at Rice was great. Any Sternies here that can comment on how they're liking NYU?

I've been considering UVA more and more lately because of what I've heard about the quality of life (+ I'm getting decent money). I've read that students from McIntire get recruited a lot, but I'm not sure whether it's for front office positions in NYC or other jobs at regional banks.

 
acquirecurrency:
I have more or less a full ride at Rice and Vandy, but I'm just not sure how I would fair come time to look for internships and jobs. I really want to work in NYC. I got a very morose vibe at Stern when I visited, but my experience at Rice was great. Any Sternies here that can comment on how they're liking NYU?

I've been considering UVA more and more lately because of what I've heard about the quality of life (+ I'm getting decent money). I've read that students from McIntire get recruited a lot, but I'm not sure whether it's for front office positions in NYC or other jobs at regional banks.

If you really want NYC out of undergrad, UVa/Stern will give you a better chance, no doubt. Like a previous poster said, I'm sure you can transfer to NYC after an internship in Houston, I don't know how it easy it is from bank to bank. Not sure what your financial situation is, but a full ride at any of these schools is tough to turn down. McEntire doesn't seem entirely difficult to get into your soph year if you have a decent GPA, etc. as well. As far as social scene, Rice will be more egalitarian than any school on your list with the lack of Greek life; no one asks you how much aid your own or cares what type of car you drive, etc.. Alumni from UVa that I know were all Greek, so if you plan on rushing you'll be fine.

 

From a recruiting perspective, Stern beats out the other schools by a pretty fair margin (given location). Important to keep in mind that if you go to Stern you wont be in a typical college environment, so that's something to keep in mind. IMO, living in NYC beats the shit outta living in Nashville, Charlottesville, and Houston.

 
<span class=keyword_link><a href=//www.wallstreetoasis.com/finance-dictionary/what-is-alpha>alpha</a></span> mail:
IMO, living in NYC beats the shit outta living in Nashville, Charlottesville, and Houston.

Living somewhere in college is not the same as living and working there, so not really a fair comparison. I love NYC, but I don't think I would have had as much fun in college there.

 

I think UVA does get recruited quite a bit for FO jobs. Their undergraduate business school is rated one of the best in the country and their MBA is ranked pretty high as well.

UVA's alum seems to be at most of the BBs and MMs across the board (based on my Linkedin findings since i'm connected to a UVA alum to works in CapMarkets)

Super Nintendo, Sega Genesis - when I was dead broke man I couldn't picture this
 

ProspectiveMonkey, the things you've heard about Stern aren't really accurate. Refer to the other thread (i think it was NYU vs Northwestern) where a guy with a 3.5 landed a whole bunch of interviews except for the really elite firms like BX, and other Stern kids agreed that kind of result is fairly typical.

 

Stern or UVA - I personally would definitely be in favor of Stern. It's great and everyone recruits there and you can intern during the year to make yourself more competitive. It's always best to be where the jobs are. But both UVA and Stern are recruited heavily for IBD and Trading and pretty much everything else

 

While Stern is probably better if you want to go into finance, the quality of life is much higher at Vanderbilt. In recent years, the number of kids going to BBs is on par with if not better than Rice or UVA. That being said none of the schools will limit your chances of getting into a BB. Rice may limit you to Houston offices, but I dont know.

 

For simple recruitment, UVA or Stern are above the others. Rice places quite well in Houston and kids do make it to NY, but it's not on the same level of the first two. Vanderbilt is an amazing school as well, but for banking, it loses to the others.

If this were me, I'd say UVA. They're giving you money, you'll have a phenomenal college experience, as long as you bust your ass and make it into McIntire as a sophomore you'll have amazing recruiting that's almost on the level of Stern, and as long as you take advantage of all the opportunities on that campus, you're setting yourself up very well. In contrast, go to Stern and you'll get a student body that's 69% Asian, a cutthroat student environment, unique (read: weird) school vibe, no sense of school spirit or community, rapesquad classes, phenomenal year-round access to employment + professional development + networking opportunities, an amazing employer presence, absurd OCR, and the city at your fingertips 24/7 whenever you're not slaving away through all-nighters. Oh, and the chance to get saddled with six-figure debt when you could just as easily go to another school of virtually equal caliber at half the cost and a better time as a kid.

One seems a bit more wholesome to me than the other.

I am permanently behind on PMs, it's not personal.
 

Does anyone know what high school places best into Stern???

Seriously, go to UVA and crush it socially and academically. Getting to a BB should be no problem considering you know that's what you want this far out. When you are slaving away next to Stern-alums in 5 years you can take solace in knowing they have more debt than you, had less fun at school, and know how to have less fun when not working.

 

Dont go to Stern. Cutthroat environment and 69% Asian. And its not exactly easy to get a BB job there. Think about it, everyone wants to banking/consulting. Yea Stern has more kids going to BBs than UVA, etc but you have a ton more competition too.

 
GutShot:
Absolutely head to Stern, international finance powerhouse.
Not like McIntyre is a joke and its 100X more fun not to mention cheaper.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
happypantsmcgee:
GutShot:
Absolutely head to Stern, international finance powerhouse.
Not like McIntyre is a joke and its 100X more fun not to mention cheaper.

HPM did you go do UVA? And btw it's "McIntire" haha..

I don't accept sacrifices and I don't make them. ... If ever the pleasure of one has to be bought by the pain of the other, there better be no trade at all. A trade by which one gains and the other loses is a fraud.
 

i think for recruiting i think it is UVA vs stern

while both schools can be a lot of fun they are very different. i feel like UVA is very fratty in a lax pinnies and seersucker sort of way so if you're not into or don't want to pledge that it won't be as fun. awesome if you are though, plus they have hotter girls. same for stern, if you're into the whole club scene in ny and most of your friends were the competitive type in high school you might fit in better there.

i don't go to either school but that's what i've heard

not sure if worth the extra costs though..vanderbilt is similar to UVA in social life

 

First of all--congratulations; the college process is a sick joke, and you did very well.

Frankly, I'd go to Vanderbilt. I know someone there who really, really likes it; apparently, all the BBs recruit there. Personally, I have an issue with a lot of the Stern kids I've met--many times they're very unpleasant to be around--if I had to choose between these two schools, knowing what I know and just having gone (fairly successfully) through the SA recruitment process, where I saw the Stern kids, it would be at the bottom of my list if I were choosing between these four schools. Rice is a great school (I know a few people there too), and I have no idea about recruitment there, but I have to agree with a few of the previous posters in saying that the student body is probably a little more "nerdy" (granted, I think I'd fit right in, but I'd also rather not go to a school where many people are similar to me in that regard). As for UVA, my friends there like it a lot; however, I really don't think the possible marginal benefit of going to UVA over, say, Vanderbilt, is worth the money (and, in general, Vanderbilt is a stronger school).

Once again though, congratulations--it's absolutely possible to get into top banks from any of those schools.

 

Stern is a phenomenal brand name and a complete finance factory. You will get something coming out of undergrad. His situation seems a bit less cut and dried though. UVA McIntire is no slouch, and given that he's got money there compared to NYU's shitshow of an aid program, based on money alone it's probably better to go UVA. Add on the fact that even if you're not planning on pledging, life at UVA outside the Greek system probably still trumps life in Stern any day. The club scene is overrated until you have money to ball.

I am permanently behind on PMs, it's not personal.
 

Dude, you gotta give a lot more info than that if you want people to give good advice with this decision. For example, how easily can you afford these schools? (I understand not wanting to publicize that but you gotta think about it) If you're loaded, the scholly's aren't as important, and vice-versa. Is going to a fun/party school important to you? You also need to visit these schools and find out which you like the best in terms of overall campus "feel."

If you want to live in a huge city, and likely not get a traditional "college" experience, then Stern would be great for NY recruiting.

If you're from TX and/or want to work in Houston, then Rice would be great for recruiting. However, Houston is not a great college town and Rice is a pretty boring social school (so i hear).

UVA and Vandy would be the most fun schools (again, from what ive heard), and would give you more of a true college experience. I can't really comment on recruiting, but it sounds like you'd definitely have plenty of options at both, although maybe not as much as Stern. (UVA would be cheap if you're in state too)

So to summarize: If social life is important and you're from VA--I'd choose UVA. If social life is important and you want the scholly-Vandy. If money is important, you want to work in Houston, and you're not a huge party-animal--Rice. If all you care about is working at an IB in NYC--Stern.

 

Keep in mind that Stern is one of the only schools where you will have a legit chance of getting a buy-side job directly out of school because of its proximity to so many shops. You can gain a lot of experience during the school year and prove you know your shit. So if you are interested primarily in HF or PE, then it's possible to avoid that banking stint altogether.

 

How hard is to get into Mcintire. The thing is UVA is no slouch of a school and if you dont get in (competition is getting stiffer I have heard), what are the chances of FO as econ grad from UVA? The fact that he is already in Stern is important, I think.

 
Best Response

There is really no cut and dry answer here but having gone to Stern it certainly requires a certain personality type. You have to be alright with the fact that: a) you will be competing against every other person in your class all the time, and even if you aren't uber competitive, a majority of the students are; b) There is no campus life or school spirit and you will have to be fairly independant in all aspects of life; c) Recruiting is super tough and even though a lot of firms recruit, you tend to the the same ~30 or so people at all the OCR interviews; d) Unless you are involved with some activity outside of Stern, the majority of your friends will be Sternies which can be pretty miserable given you are also "competing" against them; e) You will be expected to be in a club, student government, or a business frat.

When I was in high school my decision came down to going to Stern or Northwestern. At the time, I didn't know investment banking existed nor had I really considered finance as a career path. Knowing what I know now, I can't say I would choose Stern over Northwestern again. I did well with recruiting for SA positions but I probably would have done eqaully as well at Northwestern and had much more fun at the same time. I feel no connection to Stern and can't wait to leave.

No matter where you go if you bust your ass and want something badly enough, you will get it. All four of your options are great schools and regardless of OCR, you can create opportunities for yourself with hard work.

Good luck with the decision

 

Like a lot of other people have said, it's really between Stern and UVA. I'm biased but I'd personally choose UVA and here's why:

FO recruitment is top notch. Every single BB and elite boutique along with dozens of regional banks recruit FO here for internships and 90% return for FT recruiting. In my estimation out of a class of ~330 per year in McIntire, 100 or so seriously pursue jobs in finance and about 50% get FO offers. Keep in mind many of these kids are international students who get screwed by sponsorship rules. Most of these people don't learn anything about the industry and don't know anything past Assets = Liabilities + Equity until their third year so if you're on WSO now I doubt you won't be able to get a job.

Admission into McIntire is pretty easy and only gets a bad rep because it's self-selecting. (everyone wants to be a business major 1st and 2nd year and gives up by the time applications are due) Acceptance rate is around 65%. 3.5+ GPA generally get in and 3.4's are looked at again after they're deferred.

Lifestyle is great. Classes (once you get into McIntire) are all less than 40 students and workload isn't bad at all. There's obviously a strong Greek life presence, especially in McIntire, but if you don't want to get involved you don't have to. There's an underrated amount of diversity here and a pretty strong international student presence in the business school itself. I've spent most of my life in NYC and had the option to go to school there. My friends all hated NYU and ended up moving off-campus after a year.

The ability to intern during the school year and the variety of small-shops that recruit NYU is a legitimate point. However, this may be anecdotal, but the NYU kids I've interviewed against really weren't knowledgeable.

Anyway, that's my 2 cents and congrats on your acceptances.

 
snooki212:
Like a lot of other people have said, it's really between Stern and UVA. I'm biased but I'd personally choose UVA and here's why:

FO recruitment is top notch. Every single BB and elite boutique along with dozens of regional banks recruit FO here for internships and 90% return for FT recruiting. In my estimation out of a class of ~330 per year in McIntire, 100 or so seriously pursue jobs in finance and about 50% get FO offers. Keep in mind many of these kids are international students who get screwed by sponsorship rules. Most of these people don't learn anything about the industry and don't know anything past Assets = Liabilities + Equity until their third year so if you're on WSO now I doubt you won't be able to get a job.

Admission into McIntire is pretty easy and only gets a bad rep because it's self-selecting. (everyone wants to be a business major 1st and 2nd year and gives up by the time applications are due) Acceptance rate is around 65%. 3.5+ GPA generally get in and 3.4's are looked at again after they're deferred.

Lifestyle is great. Classes (once you get into McIntire) are all less than 40 students and workload isn't bad at all. There's obviously a strong Greek life presence, especially in McIntire, but if you don't want to get involved you don't have to. There's an underrated amount of diversity here and a pretty strong international student presence in the business school itself. I've spent most of my life in NYC and had the option to go to school there. My friends all hated NYU and ended up moving off-campus after a year.

The ability to intern during the school year and the variety of small-shops that recruit NYU is a legitimate point. However, this may be anecdotal, but the NYU kids I've interviewed against really weren't knowledgeable.

Anyway, that's my 2 cents and congrats on your acceptances.

Are you currently a McIntyre student?
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

The UVA kids I've interviewed against didn't seem that knowledge, and none pulled offers from any of the superdays I was at. Honestly, any one person's sample size is going to be incredibly limited, even for those of us who went through the process with the majority of the BBs.

Stern is great if you want finance and know you do. Kids place buy-side, not bullshit either, megafund PE/HF every now and then. Everyone has a shot at IBD, it's not recruited that heavily for S&T but it can happen. The simple fact though is that community and environment here sucks, so unless you magically happen to create a friend circle that includes the babes in Tisch dance or CAS journalism as a freshman, expect to be surrounded by Stern 24/7.

I am permanently behind on PMs, it's not personal.
 

Thank you all for all the responses; I really got some nice insight into these schools.

My problem with Stern is that it seems strictly pre-professional. While I certainly want to go far with a career in finance, I don't want to sacrifice a general education. I also want a decent social life and a competitive environment that remains conducive to learning. My parents also have no money, so all the debt would fall on me. I did get a scholarship at Stern, but I would still end up with 60k of debt after 4 years if I went. (UVA would leave me with 2k, which is not bad at all). I'm not sure how literally I can take the comments about ALL the BB's recruiting at Vandy, but I'd end up making money if I go there due to stipends, so that's a pull.

Based on this, UVA seems to be the winner, although I will still dwell on the decision until my deposit is due in a week. I'm waitlisted at some of the schools someone mentioned I should transfer to, so here's to hoping. If not, I think I'd be happy at UVA.

Thanks again for all the responses!

 

I attend an Ivy, but when I was applying UVA was my top choice. It had everything that I wanted good placement into IB, great social life plus the added bonus of hot girls doesn't hurt and had I got in I would've went, but I didn't =(.

 

I'd go UVA if I were you. Better social life / quality of life, more school spirit, and more "collegiate" lifestyle. You have the rest of your life to go compete with other people in NYC. Go throw a frisbee or two while you're in college. I certainly wish I could turn back the clock and do more of that.

Recruiters seem to love McIntire for IB since they prepare their kids so well for analyst jobs. Most banks I can think of recruit there -- all the BBs go, but the real meat of the recruiting is done by the top boutiques / middle markets, since they expect their analysts to come in with a ton of skills.

Recruiting even seems to be pretty good outside of McIntire for S&T and consulting positions. One of my buddies went there, had a blast (at least it seems like it from the stories he tells), majored in something completely random (I think art history?), had no connections to the financial world, and pulled an offer from a top trading desk at a top BB. I also know a handful of people who majored in engineering, philosophy, or english there and ended up at McKinsey. So even if you don't go the McIntire route, you'll probably be fine in terms of recruiting if you're looking at S&T or consulting.

 

Stern is probably the least pre-professional of all the business schools, a good chunk of your classes have to be outside of the b-school and most of the kids we see from there have studied abroad or done something different. I think you have to realize, that any business school sticks pretty close together in terms of people. It's the same at Wharton or Ross, the bschools are separated from the rest of the university.

As for the environment, my brother is there now and loves it. He describes it as a place where you have to go out and create your own community. He got involved, joined some things and made friends around the school. His close friends are in Stern but he's involved all around. I think people place a lot of their stereotypes on Stern without knowing the school. It's not some cutthroat environment, unless you are that type of person. He's good friends with everyone and there are enough jobs and interviews that you don't need to be crazy.

 

Stern isn't that intense, some of my friends smoke trees all day and still manage to pull 3.6+, which is actually a good GPA there.

60k is a nice car, so I would definitely go to UVA if you want to do banking. If you have the interest and think you have the chops to make it to a HF or PE out of undergrad, then go to NYU. There's no reason to consider Rice and being up 20k at Vandy isn't much of a draw vs UVA.

 

if you're willing to put in the work, come to stern. i think it's a better representation of what life will be like after college. it'll be less sweet now, but you'll be beasting your friends who don't know how to fill up their metrocards post-grad.

 

After more consideration, I think I might just go to Stern. When it comes down to it, their finance program is one of the best, and I might as well learn how to thrive in a competitive environment. I don't think UVa's natural science/history/etc departments blow NYU's out of the water, although they may be slightly better. Living in NYC might be fun.

That being said, if I absolutely hate it, how hard would it be to transfer to HYP or something? I heard somewhere that because of certain prereqs, some options are closed--this may be totally wrong but I recall some kids talking about it when I was on a campus tour.

 

What fag threw monkey shit at me? If I could do college over again I would've gone to a party school with tons of hot chicks.

Now this moron is going to go into debt unnecessarily and on top of that have a shittier college experience (HIS words, not mine).

Dude you have a scholarship to TWO very good schools. Maybe if you got into Wharton or Harvard I would say screw it, but NYU is not significantly better than Vandy or Rice to warrant throwing away that scholarship.

 

UVA UVA UVA UVA. Forget Vandy and Rice, UVA is essentially on par with Stern and will give you as good an experience as the other two schools. Let's see, great academics + great social scene + significantly less cost than it's slightly more competitive option? No brainer.

I am permanently behind on PMs, it's not personal.
 

Qui illo aut beatae. Sit esse quaerat est sit. Magnam voluptatibus repellendus fuga omnis id. Autem porro qui vitae ut.

Explicabo saepe non aperiam rerum qui. Et consequatur eos ut explicabo repudiandae. Aliquid et totam et quasi nisi suscipit. Alias nihil tenetur cumque.

Unde et cupiditate quia officia unde. Molestiae doloribus reiciendis veniam ullam temporibus a. Quam perferendis pariatur doloribus earum. Impedit fugit provident quia autem non neque. Quia perferendis rerum dolorem cum exercitationem.

 

Iusto voluptatem autem et deleniti. Eos animi exercitationem soluta quis animi enim consequatur. Beatae nihil modi tenetur sit nobis facere. Dignissimos mollitia non saepe qui est illum fuga. Odio sed deleniti voluptatibus dolor. Eos a facilis cumque aut inventore doloremque.

Et omnis autem alias tenetur sed reiciendis vitae. Nobis libero quia non vitae et. Et repellat itaque culpa. Aut vero totam corporis deleniti. Omnis sunt sed nostrum accusantium modi id est. Ullam saepe nihil qui eum quia quae ea autem.

Et ratione modi ipsam et. Magnam aut et nam at nihil dolorum. Animi enim necessitatibus accusamus consequatur totam accusamus quis necessitatibus. Suscipit asperiores ut repellat autem doloribus.

Quisquam perferendis perferendis veritatis corporis aspernatur nostrum quaerat delectus. Odio voluptate molestiae aut aliquam aut et. Blanditiis minima non earum recusandae unde ut autem a.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”