In all seriousness what he gave you is terrible advice. You can't renege on an ED offer unless it's for big financial reasons and if they found out you matriculated somewhere else they'd probably screw you. Don't apply ED because your stats are good and you can get in without committing ED in my opinion.

 
LongIslandBound:

In all seriousness what he gave you is terrible advice. You can't renege on an ED offer unless it's for big financial reasons and if they found out you matriculated somewhere else they'd probably screw you. Don't apply ED because your stats are good and you can get in without committing ED in my opinion.

There are zero true consequences to reneging, people do it all the time. Colleges can't force you to come to their college. It's an honor code, not a true contract. You'll lose the deposit though.

 
Best Response
zuminskee:

@opsdude1 why was it a bad decision?

Shitty culture, it's a one trick pony, and you need to do more work to obtain the same jobs. The student body is absolute shit, and people are cut throught. I loved NYU, but it was because most of my close friends were outside of Stern. Finance, especially among 18-20 years olds, brings out the worst people.

Stern only excels at finance. At 18, you really have no idea what you want to do. I would've loved to do consulting for example (ended up going back to business school to get into it), but Stern didn't introduce it to me at all - i didn't even know what it really was until after I graduated. The undiversified nature also leaves you completely unhedged during financial sector down-turn.

At Stern, you're pretty much required to do during the school your internships (it sucks waking up at 7am and working 20-30 hours a week on a stressful job, while taking intensive quantitative finance classes...but we pretty much all had to do this.) Yet the firms are only going to take X number of Stern kids, so we're working harder for just about nothing. Duke/Cornell/etc are about as equally as hard to get into, but do as well, if not better, in recruiting. While you're killing yourself, they get to have frat parties, and end up with the same job you have.

Lastly, going to undergrad in NYC sucks a bit, especially if you plan to live there after you graduate. I really regret not having a tradition experience with campus and frats and all that. It was fun at the time to sneak into clubs and hip bars with fake ID...but it was even more fun when I was over 21 and had money...I should've spent the time doing keg stands, since that's one thing you can't do when you're older.

Anyways, I'm being a bit negative...I don't regret going to NYU, I met a lot of friends, my soon-to-be fiance, and am now at the career I wanted...but I did that despite Stern, not because of it. I go to kellogg/northwestern now for my MBA, and LOVE IT, so realize I'm not someone over critical of schools.

 

OP,

You're a New York residence and appear to have a great profile, I would highly suggest you apply to Cornell. If you want an undergraduate business school I think you should highly consider the Applied Economics and Management Program (AEM) in the Dyson School at Cornell. I believe Dyson is still part of the Ag school, which as a land-grant college, means your NY residency will allow you to pay instate (heavily reduced) tuition and receive some level of admission preference over out of state applicants.

AEM is an amazing program, and IMHO, it is either on par or superior to Stern in terms of academics and recruiting. However, if you want an urban UG experience- Cornell is not for you. Just my $.02

 

Gogoplata I am applying to Cornell. But I was skeptical as to whether I should apply to AEM or PAM which is in the college of human Ecology. Isn't AEM extremely selective since it's such a large amount applying to one major instead of one school?

 

@opsdude1" please stop spreading misinformation about Stern. I currently go to Stern and the culture is great - people are smart, scrappy, and ambitious.

Stern didn't introduce consulting to you? Are you joking? First of all Deloitte Consulting, where you summered as an associate this past summer, recruits very heavily at NYU as do the consulting arms of the rest of the big 4 and many many other boutique consulting shops. These places are literally on campus non-stop presenting to students all the time. Just tangentially being involved on campus at Stern would've introduced you to consulting.

Second of all why do you need Stern to introduce consulting to you. You ever heard of google? What about networking and reaching out to firms you are interested in? You clearly didn't take advantage of the resources at Stern whether it was provided by the school or afforded by the school's location and now you are bitter about your experience.

You don't need to do internships during the year. This is a major misconception. Some of my most successful friends recruiting-wise are international students who literally can't do internships during the school year because of Visa restrictions and did amazingly well during recruiting. Many others only had one prior summer internship and killed it during junior / senior recruiting. Don't forget the breadth of firms that recruit at Stern that don't go to Cornell / Duke - Stern gets a lot of MM / boutique firms that don't go to most other schools. This provides recruiting opportunities that run deeper into the Stern class and gives lower GPA students an opportunity to break into the industry easily.

Going to school in a city is for some people, it's not for others. Figure out what you like. Some people love and can't live anywhere else - if you are this person you will thrive at NYU. If not, going to a campus school might be better for you.

 

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