Cornell MEng in Financial Engineering or ESSEC Master in Finance for S&T

Hi everyone, 

I am currently a master's degree student in applied maths and energy engineering and I would like to work in sales and trading (ideally within a commodities desk as a trader). I got admitted to Cornell University's MEng in financial engineering in Ithaca, New York, and to ESSEC Business School's Master in Finance in Paris, France. I really hesitate between both programs since Cornell's program is way more quantitative compared to ESSEC's but I don't know if it really makes a difference to get an internship and then a job in sales and trading within a bulge-bracket bank. I know that Cornell will open the doors to New York-based jobs whereas ESSEC is known in London but not at all in New York. I don't mind working in London or New York.

Cornell is probably the better choice but another factor is the tuition fees are 5x those of ESSEC. 

Could you please give me some advice?

Thank you very much!

The Social Network For Smart Money Investors

  • Commonstock built a platform to showcase the portfolios, real-time trades, and analysis of the smartest retail investors, helping you distinguish signal from noise. 
  • From equities and options to crypto and NFT's, markets are changing fast. It's more important than ever to find trustworthy information. 

Comments (7)

  • Intern in IB - Gen
May 17, 2022 - 5:02pm

Cornell will be respected in London. ESSEC isn't known outside of Europe. Cornell is also a significantly better school. I'd go there, unless cost is an issue

May 17, 2022 - 5:51pm
anouar, what's your opinion? Comment below:

Thanks for the feedback! Does the MEng in Financial Engineering of Cornell benefit from a strong reputation in trading desks in NY and is considered as target? From what I understood, in the US, summer interns are usually undergrads.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
May 18, 2022 - 8:50am
Liam Gallagher, what's your opinion? Comment below:

These schools place well but are hardly the only good programs… OP I would head over to quantnet before asking these sorts of questions here; you'll find a lot more accurate information and a lot more resources over there.

May 25, 2022 - 4:12pm
anouar, what's your opinion? Comment below:

Voluptatem aut consequatur dignissimos tempore et. Voluptates quia quia quod corrupti. Adipisci accusantium in ut sapiente doloremque esse consectetur. In doloribus aut sint modi ullam.

Distinctio alias ea reprehenderit beatae totam expedita. Vel assumenda et nam excepturi accusamus. Pariatur molestiae sed sapiente sit aut.

Ratione voluptate voluptate eveniet odio ipsum labore. Deleniti ut qui quaerat sunt similique esse. Et et et adipisci laborum ad voluptas. Officia autem blanditiis ipsa voluptatem qui facilis.

Quisquam officia quibusdam suscipit deleniti. Fuga quia nobis similique vitae aut voluptatum et libero. Corrupti adipisci exercitationem totam quia aut asperiores eligendi sit. Qui et architecto magni iusto excepturi quia non modi. Consequatur fuga ipsam laboriosam quae cupiditate.

Start Discussion

Career Advancement Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

June 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Lincoln International (▲05) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (= =) 98.3%
  • Evercore (= =) 97.9%

Professional Growth Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

June 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (189) $246
  • 2nd Year Analyst (115) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (367) $150
  • Intern/Summer Associate (77) $148
  • Intern/Summer Analyst (288) $91