Undergrad comparison: GWU (-$) or NYU (+$)
Looking to go into either investment banking or private equity on wall street after undergrad
4y cost for George Washington business: $80 000 and 4y cost at NYU Stern: $310 000
Parents can pay but this kind of money takes a burden on anyone
Stern is significantly better. If your parents can afford it, I would go with it.
Honestly, recruiting opportunities are night and day. If you are top of your class at GWU your best opportunity may be a random MM. Whereas NYU, 99% of opportunities are open to you.
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This is blatantly false. Why are you giving him bad advice?
GWU is a great school but being brutally honest with you it is gonna be a non-starter for IB. Even though it is in the heart of foggy bottom, all of the SA spots in DC still go to the Georgetown and UVA kids; now extrapolate that to NYC, Boston, Atlanta, Charlotte, etc... I've never met a GW grad in NYC but that's extremely anecdotal, I would look at placement on LinkedIn for a better gut check but I presume the story will stay the same.
$310k is a fuck ton of money, but relative to potential earnings if you do land IBD, PE, S&T, AM, etc... You're looking at about the same deal as people who are going to T14 law gigs for Corp Law (200k + their UG debt) or T15 MBA's (also 200k + their UG debt) for Associate roles down the line. Just something to think about.
he said his parents can pay it
Still a lot to consider. Even if someone is footing the bill, this kind of money will surely add a lot of pressure on one's shoulders to succeed to a certain degree.
Thank you for your comment/ Although it would cost 310k for Stern, it wouldn't be debt. My parents would pay for it but it would end up being 230k less than they would have had if i went to gwu. I could probably pay some of it back if I do not go to grad school. Thanks again
No problem - good luck! With this kind of foresight I'm sure you'll be successful at either
If you goto Stern, go to IB-->PE-->Greatness. You are going to owe your parents a lot more than $230k. They probably busy looking at retirement vacay homes in Europe once you got accepted.
Not even sure why people ask this question is parents can pay...your parents are leaving decision to you.
310k is a significant amount and I wouldn’t want to make my parents pay for that. Are there any other schools you applied to? Also looking on linkedin there are 3500 results with investment banking. Just network hard and worst comes to worst you could always transfer.
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