UMich Econ Vs. NYU Econ?

Dear,

I'm applying for transferring to targets. For this semester, both of schools aren't open for their business school. Plus. it is extremely competitive to get into their buz school (Ross and Stern). So I changed my plan to Econ. For IB in NYC, which one would you recommend?

Thanks!

35 Comments
 

this is not true.

First you have to under that NYU is NYU, meaning just because of the name and proximity to the street you'll have access to most banks,consulting firms, and corp dev positions. This is because NYU has two different recruiting streams for its students. Stern students not only get the brand recognition for the stern/nyu name but they also have their own separate reciting pipeline,website,OCR, etc in addition to all access to the Wassermann center. All of the other schools(CAS,Gallatin,SPS) only can recruit at the wasserman career center events. This invariably makes those IB,S&T,and consulting positions more competitive and harder to get. However, it is by no means a disadvantage to study ECON @ CAS as other posters are making it out to be. You just gotta hustle a little harder than sterne's(maybe the same amount you would if not at ross school of biz? idk)

If I were you I would choose NYU unless other factors are involved(financial,family,etc). Surprisingly, people from stern are very receptive if you hit them up for networking because after all you are still a NYU student. For that reason alone, coffee chats with ppl in IB who are open to speaking can be a 15-20 min train ride away from campus which makes the investment worth it.

PM me for any questions

source: I went to NYU (non stern school) and now in corp banking BB

 
Most Helpful

Thanks for corroborating my point

I literally said “NYU CAS has near 0 placement into IBD (note I mean IBD not the non-IBD divisions within IBs)”

You are in corporate banking and THATS NOT IBD (ie investment banking division) even though they may be clustered together

The fact that you fail to understand that distinction is just sad and shows the difference between non stern and stern students in terms of IBD recruiting

 

This is not true whatsoever. I went to Stern a few years back so my experience could be dated but there were definitely plenty of kids in NYU CAS placing into IBD. I've even seen several place into top groups at the BBs (GS TMT, MS M&A, etc.). The EB's and technical heavy product groups like leverage finance or restructuring typically went for the business school kids but the NYU Econ kids also got through to the middle market banks no problems for IBD. Keep in mind there are also a lot of banks that recruit at NYU besides the BB/EBs such as Nomura, Guggenheim, RBC, CIBC, TD Bank, BNP, Soc Gen, Peter J Solomon, etc. and these are all fair game for both NYU Econ and Stern students. NYU from what i've seen is one of the stronger target schools based on placement and if you put in the work (meet people, keep grades up, get some summer internships that show your interest) you can land a IB job no problem.

 

For location purposes you're better off going to fordham or baruch instead of nyu cas. The program itself isn't bad but stern pumps out so much competition that you have a small chance of breaking in and I don't think that anyone would want to bet on a low % opportunity.

 

Michigan. NYU is a rip off. Add to that (as others have pointed out) you have a built in disadvantage against the army of IB aspirants at Stern. Michigan is way less expensive, at least as good a school (I'd say better) and I'd guess feeds a lot of grads into Chicago IB jobs (NY too).

 

Thanks for your input! Does that apply to MC, as well? I heard MBB have a target pool like BB firms do but a bit higher standard. I want to consider if NYU Econ or Mich Econ has a decent shot for MBB before enrolling.

 

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