Stanford vs Columbia

Hi, I am a senior at a non-target and have decided to go to grad school in the coming summer/fall. I hope I can break into banking or S&T (structuring) after I graduate. Please shed some light on my choices.

So far, I have received offers from Cal (M.S. IEOR), Stanford (M.S. Management Science & Engineering) and Columbia (M.S. Financial Engineering). I have ruled out Cal because I don't like the city. So now I am choosing between Stanford and Columbia.

Stanford's program is broader and more flexible, but its incoming class size is much larger (about 200). Columbia's MSFE is one of the best in FE and it seems harder to get into. I am leaning towards Columbia because of its location and the resources dedicated to the program. However, Stanford gets better recognition outside the states, which is important as I am an international and may not work here after I graduate.

What do you guys think? Which one places better in finance? Any advice is appreciated.

7 Comments
 

You really also want to be asking this question on QuantNet where you'll be talking to folks with quantitative/ financial engineering backgrounds. I believe Columbia does rank better overall in their ad-hoc ranking system based on papers cited by other academic institutions, but both are excellent programs that have good placements on the street.

Do you like New York City? Bear in mind that Columbia is essentially in Harlem and a very thrifty lifestyle in Manhattan- like most students live- looks dramatically different than a vacation w/ family to New York. If you're not absolutely certain you'll like New York, I would steer you towards Stanford.

 
mkt I have ruled out Cal because I don't like the city. So now I am choosing between Stanford and Columbia. .

So you ruled out Cal b/c of it's city, essentially Palo Alto and Berkeley are extensions of SF. Sorry to steer off topic here but this makes no sense to me.

 
Ray Finkle
mkt I have ruled out Cal because I don't like the city. So now I am choosing between Stanford and Columbia. .

So you ruled out Cal b/c of it's city, essentially Palo Alto and Berkeley are extensions of SF. Sorry to steer off topic here but this makes no sense to me.

it's the neighborhood that bothers me. I love SF, but not Oakland or Berkeley. Palo Alto and Berkeley are quite different.
 
Best Response

It is my understanding that Management Science and FE are different, and your decision should ultimately be based upon where your interests lie. FE involves the theory behind derivatives valuation and gets into some pretty heavy stochastic calculus. It is good if you want to do quant work, or some sort of analytical role at an Asset Management firm. It places very well, and a lot of smaller firms based out of New York would recruit there but not at Stanford. If that is what you are interested in, I would go Columbia. It will be fine for a structuring or research job, but not investment banking. Stanford is a lot more broad, but I'm not sure that they offer the same curriculum in FE - they seem to offer curriculum in manufacturing, strategy, etc. Plus, there will be more finance opportunity in NYC and Columbia may fare better with recruiting. You should definitely rule out Cal, as both programs are better.

 

Quia praesentium esse commodi quia unde. Repellendus nihil quibusdam reprehenderit amet a. Doloribus aliquam vel eligendi suscipit dicta rerum.

Quis ullam aut veniam nam molestiae. In velit modi illo maiores fugit. Fuga perferendis veritatis numquam omnis sit rem aperiam voluptates. Esse nobis doloribus distinctio hic quisquam voluptatum possimus.

Qui vel illum vel. Magnam et dolor quaerat enim nihil. Ratione nemo quod eum. Rerum magnam mollitia vitae qui et ad.

Possimus nisi earum accusantium modi molestiae explicabo. Dolor et nobis qui voluptates molestiae dolorem. Dicta quis aut ipsum ullam libero. Molestiae consequuntur ut temporibus inventore quo occaecati. Eligendi voluptatem consequatur adipisci corporis reprehenderit quae ducimus nostrum. At dolor eos et molestiae qui dolorum autem eius.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
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...”