Stern or Dartmouth?

im a highschool junior deciding where to apply ED to next year. I want to become a PM at a largo LO or hedge fund. I’ve seen that Stern has amazing placement sell side but can’t find any graphs or data on placement buy side, and it is well known that the school is full of tryhards trying to constantly one up you, which is making me reconsider. Not sure how the finance environment is at Dartmouth ( clubs/ classes / rigor ) so any help would be appreciated.

 

You're in high school and you haven't even applied yet so the reality is it doesn't matter. In terms of general finance recruiting for the buy or sell side, an Ivy (except you Cornell kids) will usually be looked at more favorably than a non-Ivy with the exception of schools on par (or arguably better) like Stanford/MIT/UChicago. NYU Stern is not one of those schools, their big selling point is location thereby proximity to more of the funds you would be recruiting for so it's arguably easier to try and network.

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

For sure

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Both are good schools and won’t hold you back from any opportunities. If you’re accepted into both, you can’t go wrong.

That being said, going to college in a small college town is awesome. You and your classmates get really close. NYC will be there when you graduate. Getting that first job out of college is just the beginning of a 40+ year career, and you’ll do just fine coming from Dartmouth.

 

Your time would be better spent optimizing your application to get into these schools first and then consulting with wso about the decision rather than posting when you're still a year away from even submitting the application

 

Yeah I mean that's good but people often jump to extra curriculars and forget that for these top schools the expectation is to have perfect grades so make sure your gpa, rank, sat stuff is well in sterm dartmouth range. Also change your username from your actual name.

 

definitely dartmouth - much better alumni network, campus, social scene, and you probably will live in nyc after graduation, so why not spend 4 years of your life you’ll never get back in nature?

also, dartmouth’s brand name will hold weight in later stages of your career and alumni love that place in a way that only HYPSM alumni could.

 
Most Helpful

Honestly, as everyone said, I think Dartmouth is way better, having gone to NYU in the College of Arts and Sciences and then transferred to Dartmouth (I didn't get accepted for the Stern internal transfer). But in my opinion, the fact that you're posting on WSO as a junior in high school with aspirations to become a PM leads me to believe that you would genuinely enjoy the cutthroat environment at Stern (I'm not being sarcastic). Dartmouth has no undergrad business school, while Stern offers one of the best UG programs in the nation. Like everyone else says, Dartmouth will be more fun, but only if you want to party and enjoy the 4 years. That name will take you far. But at Stern, people are extremely competitive and dedicate their lives to finance, and as a result, are very knowledgeable and passionate. I didn't like Stern kids, but I'm not representative of everyone. The average high-achieving Stern kid has multiple finance internships in NYC and learns so much about finance, which is great if that's what you wanna do. For an all-around college experience, definitely pick Dartmouth. 

 

Hey man, I was in a similar dilemma a year ago and just finished the whole college applications process (probably going to commit/enroll at UChicago), so I think I can give you some perspective here from a more "similar" position.

First of all, there are two different questions here - the question of which school is "better" for finance, but also the question of which school to ED.

In response to the first question, I'd say Dartmouth would be a better choice overall based on my research of the two schools. Stern has higher volume of placement, but you want to look at it in terms of how much going to this school will boost your chances of breaking in at a top firm. Stern has a far greater pool of students hungry for finance, and therefore far higher internal competition. Dartmouth on the other hand is much smaller, has less internal competition, has a better collaborative spirit amongst students, and a better/more supportive alumni network. Not to mention, Dartmouth is generally considered to have a better college experience as well as prestige. 

While all that is interesting, what really matters is which school you should ED. Stern ED is definitely lower risk than Dartmouth ED, so if you feel your application is strong (3.8+, 1500+, above average ECs) but not great  (3.9+, 1540+, highly impressive ECs), you should go with Stern. If you're not as risk averse or are more confident than you will get into some other T10-15 schools early and regular, then go for Dartmouth. Always remember though that Stern EDII is an option.

Hope that helps

 

Thank you so much. I’ve heard from a Stern sophomore that 80% of the class if filled up ED1. My GPA is cursed (3.6) and i’m going to take the SAT this Saturday, but i’ve been scoring 1550+ on SAT practice tests. My ecs are typical, with a few internships obtained through nepotism and a nonprofit that does finance / college coaching virtually for students in India, and budgeting presentations for students in Colombia ( I’m half indian half colombian ). We also do budgeting and investment basics for low income schools in Los Angeles. In addition, I have a tutoring business that does around $3k/month revenue. around $500 profit. Where do you think I should aim? I failed a class freshman year, but since then my grades have been on an upwards trend with high rigor.

 

Of course take my advice with a grain of salt - I'm not a college counselor or anything.

With that being said, from what I see with your profile, the two main "traits" that stand out are business (nonprofit, budgeting and investment for schools, tutoring business, etc.) and global perspectives (your background and your nonprofit). 

This, to me, seems like a great fit for what Stern looks for. Your GPA is a bit low, but if you've got a strong upward trends and a 1550+ SAT then you would probably be fine. 

Again, I think you should be certain that the NYU college experience is something that appeals to you - if you want a central campus, a more collaborative student body, and generally a more traditional experience, then maybe you shouldn't ED there and do RD instead. But if that those points aren't important for you, ED is a good option imo

 

I didn’t go to either school but I have a ton of friends and family from both Dartmouth and Stern. Fully unbiased opinion here and I think Dartmouth is a no brainer.

Stern’s placement is significantly weaker on the buy side than the sell side, which you touched on. Dartmouth on the other hand is the complete opposite. I honestly don’t know why but I did my IB analyst stint at GS/MS/JPM and then moved over to a MF PE firm, so pretty large sample size here. There’s not a lot of available data out there but the data that is available is in favor of Dartmouth. Now if you said you wanted to be a career banker, I’d probably still say Dartmouth but Stern would still be a fantastic option.

Bit of an unpopular opinion here but I’m a huge advocate of going to the best overall school you can. You’re 16 or 17 with very limited working experience. You don’t know what your calling is or even what you like doing. Going to Dartmouth provides you more alternatives than going to Stern would. To give you an example, Georgia Tech is a stronger CS school than Cornell but you’d probably want to go to Cornell over Georgia Tech because then you have alternatives outside of CS/engineering (while still being able to pursue CS/engineering at Cornell). Dartmouth will provide you with a wider array of opportunities outside of finance than NYU would. HF work isn’t for everyone. It’s an extremely stressful environment and everyone I know who has lasted is extremely passionate about the markets, which I personally am not and could never be.

Final point, NYU isn’t fun, NYC is. It’s an important distinction. Most NYU students and alum will openly admit the school spirit sucks. There’s basically no sense of community and a lot of people feel isolated/lonely despite being surrounded by people. It’s hard to build close friendships in a huge school/city. In the later years, most people live off campus and basically only hang out with a select few people. There’s basically no NYU experience post-sophomore year. NYC is obviously great but the city will be there for you when you graduate. 

Stern is obviously a great school but a LOT of people I know hated their time there so I’d be wary of that.

 

My brother went to Dartmouth for undergrad and Stern for an MBA.  He didn't think much of Stern academically, and AFAIK doesn't keep up with any Stern classmates, although a very loyal Dartmouth alum.  To be sure, he didn't like NYC much, got out as soon as he could.

As other commenters say, if you get into both Dartmouth and NYU, go Ivy, it's a no-brainer.

 

Both Stern and Dartmouth offer strong finance programs. Stern is known for its placement on the sell side, while Dartmouth's network and liberal arts approach provide unique opportunities. Reach out to current students for insights on clubs, classes, and rigor. Consider campus culture and personal fit when deciding.

 

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