Brown v Northwestern

Recently accepted off the Brown waitlist and previously committed to NU. Really stuck between the two schools as prospects seem similar. I am thinking of a double major in applied math and economics. Which option would be better for IB/PE/Quant?

Also cost is the same so it’s irrelevant. I like Brown better for the much stronger applied math, easier grading, and more chill student body. However, Northwestern seems to have great winter internship opportunities and has a better campus. Additionally, I would be happy with an NYC or Chicago role, but would prefer NYC if possible.

Is it just personal fit I should consider, or is there a clear benefit in one school over the other?

Thanks for the suggestions!

8 Comments
 
Most Helpful

Current Northwestern student here, will offer my thoughts especially since I also chose between NU and Brown out of high school.


If you want to optimize solely for placement, Northwestern is the better choice. We’ve been placing lights out in IB + Buyside for the last 7-8 years as finance interest has grown in the student body. However, Northwestern has grade deflation, a quarter system, and a very overbearing preprofessional culture which creates a very stressful environment. Brown on the other hand seems to be the opposite and you’d probably enjoy your life a lot more. If I had to go back and choose a school, I might go with Brown simply because I think I could’ve gotten the same offer I have now from Brown, and have had a lot more fun in college. 

 

You do not want to deal with the quarter system. Your classes will always feel like a sprint. Brown is an ivy but as someone who visited there a couple times, Rhode Island stinks relative to Chicago. 

 

Research Associate in AM - FI:

You do not want to deal with the quarter system. Your classes will always feel like a sprint. Brown is an ivy but as someone who visited there a couple times, Rhode Island stinks relative to Chicago. 


That’s what I was considering too, but Brown is ~1 hour from Boston via train and closer to home as I’m from someone from a New England state so location is almost not a factor for me. Thank you

 

Based on the most helpful WSO content, both Brown and Northwestern are strong choices for your goals in IB/PE/Quant, but there are some key differences to consider:

  1. Brown Advantages:

    • Applied Math Strength: Brown is known for its strong applied math program, which aligns well with your double major aspirations in applied math and economics.
    • Easier Grading: Brown's grade inflation and pass/fail options can help you maintain a high GPA, which is a significant factor in finance recruiting.
    • Chill Student Body: A more relaxed environment might allow you to focus on academics and networking without excessive stress.
  2. Northwestern Advantages:

    • Winter Internship Opportunities: Northwestern's quarter system provides unique opportunities for winter internships, which can be a valuable differentiator in competitive finance recruiting.
    • Campus and Location: If you value a traditional campus experience and proximity to Chicago, Northwestern offers a strong advantage. Chicago also has a smaller but notable finance market.
  3. Recruiting and Placement:

    • Both schools have strong placement in NYC and Chicago, but Brown's Ivy League status might give a slight edge in terms of prestige and alumni network for NYC roles.
    • Northwestern has a solid presence in Chicago and also places well in NYC, but the alumni network might lean more towards the Midwest.

Recommendation:

If you prioritize NYC placement, a strong applied math program, and a more relaxed academic environment, Brown might be the better fit. However, if you value the quarter system for internships, a traditional campus experience, and are open to Chicago roles, Northwestern could be a great choice.

Ultimately, since costs are the same, it comes down to personal fit and which environment aligns better with your preferences and career goals. Both schools will provide excellent opportunities for IB/PE/Quant.

Sources: UChicago or Brown for undergrad?, Cornell vs Northwestern for NYC IB/PE?, Undergrad: NYU Stern vs. Cornell A&S Econ, Brown vs. Cornell, Majoring in Wall Street?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Current student at Northwestern here:

NU has very strong recruiting outcomes but would personally go with Brown due to the (very slightly) stronger brand, more chill college experience, and the opportunity to build out your network on the east coast earlier (if that is where you want to end up long-term). If you do your homework and network well you will be able to place well from both schools so you can't really go wrong with either.

 

bbnos:

Current student at Northwestern here:



NU has very strong recruiting outcomes but would personally go with Brown due to the (very slightly) stronger brand, more chill college experience, and the opportunity to build out your network on the east coast earlier (if that is where you want to end up long-term). If you do your homework and network well you will be able to place well from both schools so you can't really go wrong with either.


Thank you. I saw the recruiting outcomes on NUIBC and they seem really impressive. If you don’t mind could you comment on how hard club recruitment is with the intense quarter schedule?

 

In nobis vel dignissimos molestiae non a ex. Voluptatem consequatur veniam aut consequuntur ipsam quaerat. Inventore eaque assumenda modi enim quos vitae. Autem ratione quidem nulla vero.

Ea nihil omnis reprehenderit tenetur quo magni. Perferendis quod sint reiciendis aut. Atque vel voluptatem natus numquam nihil provident sed. Id et esse quia ex amet magnam a. Rerum delectus deserunt quidem voluptas aliquam quaerat. Consequuntur quod voluptatem cupiditate cum.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”