How good is my University List (UG)?

Hello friends,

I'm a sophomore at a Canadian highschool. Please look and rate my university list. I'm specifically looking into Quant, Hedge Fund, and IB (backup) roles. I have no experience in coding therefore computer science/programming is not applicable, but I have strong quantitative skills.

US:

Schools: Princeton, Brown, Dartmouth, Cornell, Duke, Georgetown, NYU, UChicago, UC Berkeley

Degrees in these schools (what combination?):

Economics (BA/BSc) + Finance 

Pure / Applied Math

Financial Engineering + Statistics

Engineering Science + Statistics

Engineering (Industrial,Civil, Science) + Economics

CA:

Schools:

McGill, UofT, Queen's, Western (only Ivey is acceptable), UBC

Degrees in these schools (what combination?):

Commerce (General)

Commerce (Finance + Economics Spec.)

Commerce (Finance + Applied Math Spec.)

Pure Math + Statistics 

Applied Math + Statistics

Engineering 

Architecture

Do you have any advice on which school is best for which degree? I'm mostly indifferent between any of these top schools, as long as they're very prestigious and over semi-target for finance.

Also, which schools to ED for US? (My top choices would be Princeton, Brown, Duke, UChicago)

And yes, I want to know these early on, so that I have a set goal to be working towards.

Thanks 😊

6 Comments
 

Based on the most helpful WSO content, your university list is solid, but there are some key points to consider for your goals in Quant, Hedge Fund, and IB roles:

US Schools:

  1. Princeton: Excellent for Quant roles, especially with ORFE (Operations Research and Financial Engineering). Strong alumni network in finance.
  2. Brown: Applied Math-Econ is a great choice here. Brown's open curriculum allows flexibility, but it's not as strong a target as Princeton or UChicago.
  3. Dartmouth: Good for IB due to its strong alumni network, but less prominent for Quant roles.
  4. Cornell: Strong in engineering and applied math. A good choice for Quant and IB.
  5. Duke: A semi-target for IB, but not as strong for Quant roles compared to others on your list.
  6. Georgetown: Primarily a target for IB, not as strong for Quant or Hedge Fund roles.
  7. NYU: Stern is a top choice for IB, and Courant Institute is excellent for math-heavy programs, making it a strong contender for Quant roles.
  8. UChicago: A top-tier choice for Quant and Hedge Fund roles due to its rigorous math and economics programs.
  9. UC Berkeley: Strong for Quant roles, especially with its Financial Engineering program. Less of a traditional IB target.

Canadian Schools:

  1. McGill: A semi-target for IB, but not as strong for Quant roles.
  2. UofT: Excellent for Quant roles, especially with its math and statistics programs. A semi-target for IB.
  3. Queen's (Smith School of Business): The top Canadian school for IB placement, but less prominent for Quant roles.
  4. Western (Ivey): Strong for IB, but not as relevant for Quant roles.
  5. UBC: A semi-target for IB, but not as strong for Quant roles.

Degree Combinations:

  • For Quant and Hedge Fund roles, prioritize degrees like:
    • Financial Engineering + Statistics
    • Pure/Applied Math + Statistics
    • Economics + Finance (if math-heavy)
  • For IB roles, focus on:
    • Commerce (Finance + Economics Spec.)
    • Economics (BA/BSc)

ED Recommendations:

  • Princeton: Best for Quant and Hedge Fund roles.
  • UChicago: Strong for Quant and Hedge Fund roles, with a rigorous academic reputation.
  • Brown: Good for flexibility and Applied Math-Econ.
  • Duke: A solid semi-target for IB.

Additional Advice:

  • If you're serious about Quant roles, consider developing some basic coding skills (Python, R, or MATLAB). Even a foundational understanding can make a significant difference.
  • For IB, focus on networking early, as alumni connections are critical.
  • For Canadian schools, Queen's and Western (Ivey) are the strongest for IB, while UofT is better for Quant roles.

Your list is well-rounded, but prioritizing Princeton, UChicago, and NYU for ED would align best with your goals.

Sources: MIT vs. Princeton vs. Yale undergrad for quant hedge fund, https://www.wallstreetoasis.com/forum/school/dilemma-quantitative-finance-vs-finance?customgpt=1, Majoring in Wall Street?, Top target schools for quant hedge fund or quant/algo prop shop?, Here are the Target Undergraduate Schools in Canada

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

For Canada Western Math / CS + Ivey is a solid double major and takes 5 years giving you 4 summer internship opportunities.

You can check out the STEM programs at Waterloo as well.

If you will get a single major then,
Ivey > Smith > Desautels
(with difference between Ivey and Smith being much smaller than Smith and Desautels)

McGill offers interesting double major options as well.

Don’t go to UBC or UofT for finance.

 

Not sure about CS, simply because I have no programming background. I will be competing against C++ wizards, who started when they were 7. I was seriously considering financial engineering (only in US, maybe UofT) or Industrial Engineering. I really like graphs, and models. Finance or Commerce at schools such as Ivey or Smith seems a bit too project based, on not intellectually stimulating. 

Would a top engineering program close doors for IB? I really want to do a very good finance career, possibly on the more quantitative side, but not want to close any doors for IB or HF

 

In engineering you will not be around people who also want to go in finance hence learn less from your peers / upper year students about it.
There is no culture of “breaking into finance” in engineering schools.

It won’t necessarily close doors especially if it is a target school and you can always get an MBA, however a commerce degree from a target is a tested pathway to finance in Canada.

In US they are more flexible about majors.

 

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