Cornell or Northwestern?

Hi! I was accepted undergrad to Northwestern and Cornell (CAS but transferring to Dyson AEM hopefully) and I'm not sure which one I should go to. I guess my question is which one would more likely land me on the street?

Also is AEM difficult to transfer into?

Thanks!

 

Congrats on getting in. You have a shot from either school. I interned on the street at a top tier BB in IBD and we had 3 analysts from Cornell and 1 from Northwestern. This is only an example of 1 firm but it seems that these figures agree with the consensus above that Cornell might place a little better. I have no clue on switching into Dyson though

 
Best Response

Again, WSO is going to have a very NYC/Banking perspective.

This is one of the only forums on the internet where you can get certain answers on the decision between UChicago vs. Dartmouth, Stanford vs. Wharton, Berkeley vs. Vanderbilt, or Northwestern vs. Cornell. And it's because of regional hiring patterns and biases in sample sets. Some people here won't even consider the advice given on WSO all that controversial, but if you aren't some rich kid from Asia or the Northeast, you know that most people will give a very different answer on these decisions.

If your question is whether Cornell or Northwestern is the better school for NYC banking, the answer is Cornell and I agree with the rest of the forum.

If your question is which school offers more business opportunities overall, I think the answer may very well be Northwestern.

If your question is which school offers more prestige, that is a great way to start a fistfight between a group of bankers and consultants, or between people from New York State and elsewhere. In order to avoid starting said fistfight, I am not going to give my answer on that question.

Choose Cornell if you are pretty darned sure you want NYC banking. If there's any sort of chance you might be a different person in four years (the same way you're different from the way you were in junior high), ask this same question to a forum for people in Marketing or Consulting and think about the answers you get. The WSO consensus opinion is Cornell, but I suspect the consensus in marketing will be Northwestern.

Finally, a lot of the ivies have lost their individual cultural identity, individual system of values, and separate ways of approaching problems over the past fifty years. That hasn't happened quite to the same extent at Northwestern. So when you recruit for a job or recruit for an MBA, you may get a small boost from the fact that you don't have to compete against the Harvard and Stanford students to the same extent as a Cornell student would. Employers and b-schools want to get a room filled with people who think differently, and given schools of roughly equal prestige, being from outside the Ivy League gives you a bit of a boost on the actual hiring decision.

If it were me, with my 28-year-old wisdom but having the uncertainty on career paths of most 18-year-olds, I'd choose Northwestern. Landing GS NYC may be a little bit harder than from Cornell, but landing at a consulting firm or in a marketing role at P&G will be a lot easier. Chicago IBD and prop trading roles would also be easier.

But I do agree with the WSO consensus on Cornell if you're sure you want to work for an NYC bank or hedge fund.

 

I went into Stern in undergrad for banking/finance (I barely knew what banking was at the time). As I got older, A big regret of mine was that I didn't go to a school that had more opportunities in other areas (especially consulting). At 18, very few people know what they like or don't like, so I always recommend going to schools that give you a wide variety of options. I'd recommend Northwestern (Full disclosure, I'm about to get a MBA there), because it'll give you the options to work in consulting, marketing, etc....and also finance.

 

Cornell it is a target school for more BB and MM than GTown and way above NE. I don't know if econ at Cornell is in the business school but if it isn't then major in economics and minor in finance. Cornell probably has a larger alumni network as well.

The modeling aspect that you will miss because you aren't a business major, can be easily made up with classes like Braking Into Wall Street modeling or some other modeling class.

 

I would suggest Georgetown for NYC, as Northwestern is probably stronger in Chicago recruiting, and Georgetown probably has a better network. Cornell is a miserable place, but it's probably on par with Georgetown... Finance is a fine major and won't close any doors, assuming you want IB rather than something more quantitative. And plus, with one or maybe two obvious exceptions, undergrad business majors are usually just as competitive as finance/econ majors.

 

Thank you so much guys!

So Northwestern is out. I'm currently leaning to Gtown since Gtown has similar network and prestige compare to Cornell, but I can do school year internship at Gtown, which will give me lots of experience.

Am I missing anything about Cornell?

 

Go Ivy. not just for IB recruiting, but because Cornell gives you more flexibility in other areas. If you decide you want to venture abroad at some point Cornell also has a better international reputation than other schools, particularly in Japan( disclaimer is that this is something I was told, I don't know firsthand).

 
opsdude1:

Northwestern is the best school on the list, don't know why you decided it's "out." Northwestern will open consulting and banking, whereas cornell will be banking only (and Cornell campus is super depressing).

You should probably disclaim that you are attending Northwestern for business school right now. I'm not sure everyone would agree that 'it's the best school on the list'. Plus, I assumed he either didn't actually get in (since he said he got into the other two, but not Northwestern) or got a bum deal on financial aid or scholarships relative to the other schools and crossed it off because of that (but who knows?).

OP -- All schools are good.....go where you want based on other factors , instead of where you can get the best job from. They're all about the same.

 

Molestiae qui amet cupiditate hic et sit. Sit eos voluptas et. Omnis voluptatum magni dolore at dignissimos laboriosam nobis.

Qui et tenetur placeat reprehenderit occaecati asperiores. Voluptatem rerum assumenda magni ipsam possimus quia. Accusantium quos ut similique molestiae suscipit illum est.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”