I am trying to decide between schools right now and I have been reading all over the place that NYU econ is a nontarget. I know that they have access to most of the on campus recruiting opps that stern students have, which is access to almost every known bank in NYC. Do banks really weed out econ students when recruiting?
What do you guys think? Is there a common stigma attached to NYU CAS?
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This is a common stigma unless your gpa is balling out of control. (>3.8 say whattttt?)
I heard it was a nontarget. And I also heard that they don't have access to Stern's recruiting....so I'm not sure where you're getting that from.
Can you please stop posting the same question?
I will say it again NYU Econ sucks. End of story. There is no other way around it.
I'm working at a HF from NYU econ...They have the same recruiting as Stern. I've done/did significantly better in recruiting than a bunch of other kids I know, including SOME Sternies, since I did a bunch of internships. My GPA wasn't good by any means. NYU Econ is actually harder than finance, especially if you do Theory (I didn't do that). If its between NYU econ and a business school at MOST other schools, choose NYU due to location and still having the NYU name.
Just come to Michigan bro... get yourself a ballin engineering or finance degree and go from there. You can go to a better engineering school and still get the same jobs as finance majors. Unless you really really wanna study econ... I don't know how the two schools compare when it comes to that.
Can't beat that location though. Lawdy.
If you decide to go to NYU though, I'm stealing your avatar.
come to NYU and do the CS major, fuck econ and finance, you can really differentiate yourself beign a CS major
that is true. I've taken some CS courses. It is SERIOUS, and a great program with great instructors for the most part.
totally depends, take gottlieb, he's 'serious' but honestly the classes are a joke and if you want to do more work for them he'll love you and think you're god's gift to earth.
There is no stigma attached to nyu cas econ. You are just being dumb.
I'd say that sternies def have an advantage in terms of recruiting simply because there are more recent Stern alum on Wall Street and they usually prefer Sternis handsdown. however, some firms take some CAS and Gallatin kids for diversity purposes (not implying that CAS and Gallatin kids are not as high calliber, but the course designs are very different at different schools)
However, what I see in the recent years is that there is an increasing number of fake sternies - kids from other schools who take basically as many stern classes as sternies do
Is it considered an advantage to take many Stern courses? What are the courses curved to in Stern? What percentage of stern do you think wants to go into investment banking and what roughly what percentage of those students actually get offers? Thanks!
I bet of stern finance majors, probably 80% want to go into banking. I can't offer up offer rates, but if you've done an internship and have a decent GPA, I bet you can hit around 60%...that may be completely off though, I don't know.
NYU CAS-Job Chances (Originally Posted: 01/02/2010)
I will be going to NYU CAS next year with the intention of being an Econ major (or some variation math/comp sci) and after reading a few posts I am wondering if I really screwed myself over. My High School transcript was not impressive and NYU CAS was the best I could do. I have 3 uncles who are I-bankers and could probably get me interviews. I plan to try as hard as possible and just going in I need to know, is there any realistic shot of my landing a job at one of the top I-banks when I graduate? Assume the economy hopefully turns back to full swing.
Can you transfer to stern?
I have absolutely no idea
If I were to stay in CAS could I get an interview and how much better would my chances be at Stern?
Even Stern kids are pretty mediocre. Just study up, get all 3 of your uncles to get you interviews, and hope that you can get at least one offer from those three.
Don't be discouraged by the post above he's a troll. Try to transfer into the B-School if you're sure you wanna pursue a business related career and NETWORK through your uncles now. Just let them know you're interested in learning about what they do. Not only will it help your candidacy it'll help you build your knowledge base early (assuming you're young).
Jesus, I don't even think I knew what IB was when I was applying to colleges....
Hey thanks guys this helps a lot one more quick thing just to help aid my decision making-to get into I-banking does having a finance degree put one ahead of a person with an economics degree? or vice versa? Do banks look down on economics degrees? Do finance degrees recieve preferential treatment and are they more suited for a job in i-banking?
I don't know why panthed26 called me a troll. I'm always trying to help.
To answer your last question, it's not the finance that will necessarily give you a leg up, but rather the Stern name, since it's more selective than CAS (b/c there are 50000 students in CAS). Just study up, try to transfer if you can, and get your uncles to hook you up with interviews, or better yet, internships.
hey thanks a lot guys. Sorry to trouble you but I have almost now chance of going to Stern. Would I do myself any good trying to transfer to Fordham? I've heard studying economics is better then finance and Fordham would let me do that. Plus I wouldn't have to compete with Stern kids as directly for jobs and I could outshine the other Fordham kids.
For arguments sake pretend transferring requires no effort.
having graduated nyu cas, i can tell ull be fine. in my year, many of the stern kids complained how many interviews the cas kids were getting, and i know a few who got offers from some of the top banks...
Do not transfer to Fordham. Get the econ degree and take acctg and finance classes at NYU, that should be enough...network your ass off...and try to get a sophomore summer (between soph.jr) internship at a bank which is doable because of your proximity to all of the banks. I met a kid from NYU who broke in early (non-paid internship soph year at CS or DB), got the jr year internship at a BB, then started at a GS/ms type place full-time...in terms of what you can do now apart from learning from your uncles, is taking the right classes, get a 3.7+, and learning about the job through websites like this, books like Monkey Business, the Scoop guides, and trying to find any type of leadership roles on campus and a desk job (doesn't have to be IB) this coming freshman summer...
You have 3 uncles that are bankers, come on. Just go network with all of them and their friends.
You don't have to transfer out of CAS, but stern will allow you to be around more people who also want to break in to ib. You will get more of an ib mentality, know which firms might have off cycle internships, or maybe even have an upperclass hand you down a pwm type internship early on. GPA 3.7 is very ideal, you might be able to get away with 3.5, 3.3 depending on your uncles and networking etc. Otherwise you look at the same jobs on OCR. Also considering most HR people at banks arent finance major and banks always want to promote people who are "well rounded," being in CAS will not kill your chances.
Transfer to CUNY
noexplode has some good points. You will have to network more than Sternies though. Also, you will have a better shot at BBs. I have seen some kids from Stern at NY elite boutiques but not many CAS. Hope this helps. One thing I have learned from the process- don't let people define what your limits or target firms are. Follow your heart and give it your best shot. It's all about the person. There will always be the state-school kid who gets into GS over a Wharton kid. If you are hungry, you will succeed.
Hey sorry to bother you guys again but my cousin is going to Fordham next fall and I showed him all of your comments and now he thinks he has no shot off getting a job either. He decided on Fordham because he loved it and thought the school was good for him, and honestly I have no doubt he will be very highly ranked in his class, so if he busts his ass at Fordham could he get a job. Remember we have the same 3 uncles.
Im sure ppl from Fordham get jobs. Those jobs MIGHT NOT BE GS IBD but decent jobs nonetheless
He will needs some help from the 3 uncles to get him some FO interviews. Fordham sends a decent number of kids to BO of major banks every year though.
I would relax and work hard in college. Aim for a strong GPA and plenty of leadership/extra-curriculars. Transferring to Stern or a higher ranked college (I don't think Stern CAS to CUNY or Fordham will help your application).
Make sure you keep in touch with your uncles and you can ask them to make sure your resume gets to the NYU recruiter or whoever they feel the right person is.
A strong application is key, if you have a weak GPA and weak extra curriculars, it doesn't matter who your resume gets to, it would be a very difficult sell to get you in.
bump
NYU Econ Prestige on Wall Street (Originally Posted: 03/12/2016)
Im possibly about to be a first year at NYU Cas and was wondering how well NYU places into receiving wall street jobs if I were to study Policy Economics.
Do they have the same networking opportunities as Sternies?
Do they recieve well paying jobs?
no, if you want to go to wall street, you should be at stern... NYU Econ is great, but Sternies have a leg up in everything (classes, networking opportunities, clubs, social life) sorry to break sad truth to you
Social life?
I would imagine it's obviously not as prestigious as Stern, but you would still get some pretty good access to OCR
"Social life" - Said no one ever
NYU Econ is a top ranked Econ program, so you'll certainly get some eyes on you when it's time for recruiting. You'll probably have to work harder though because you have to factor in 2 things: 1. as stated, sternies will have a leg up on you at the start of school and 2. most kids doing NYU CAS Econ will probably be trying to make it to some sort of finance role. So you have to now compete with your peers (other Econ majors) and Sternies, where I'd say Sternies are just competing among themselves.
For what it's worth everyone I've met from Stern has been cutthroat and miserable
NYU Econ actually does very well with Wall Street recruiting. I think they benefit greatly from all the firms that go to NYU to recruit Stern students. Very similar to how Penn CAS relationship with Wharton in that the prestige of the B-School amplifies the opportunities for students at other schools.
Throughout my various internships and positions at various BBs / EBs NYU was by far one the most represented schools (mostly stern students I think but there definitely a decent amount from CAS as well). You should be fine at NYU Econ because you are in NYC and you make things happen yourself through networking. That is a HUGE advantage if you use it appropriately during your 4 years as an undergrad which most undergrads probably don't even do.
NYU = Hacksaw
Where do NYU Econ grads end up? (Originally Posted: 07/17/2013)
I'm a rising sophomore here, and I'm wondering which industries within finance does NYU Econ have a strong presence in as far as where grads tend to work. I have a 3.6 here, and am wrapping up a summer internship at a start-up consulting firm, but I'm finding myself really nervous about my future prospects, even though I have a decent GPA and good network of Stern friends (though they're all my age).
LinkedIn and your alumni database are wonderful tools dude.
Honestly, I would be very worried in your position as well! You are doing a consulting internship AND want to go into finance, but you are not capable of finding this out on your own (alumni database, Linkedin or someone at NYU's career counselling office). Way to show initiative!
What's the over/under on OP ending up prostituting his/herself at Hunts Point? Wait, nm, that would require OP taking initiative to reach out to pimps.
^This
Honestly? A lot of them do consulting/marketing, and some into financial services (all spectrums).
You can end up pretty much anywhere if you're smart and focused. Tons of alum all over the place
NYU Cas (Originally Posted: 07/09/2010)
How is nyu cas recruited for ib compared to stern and other schools?
It's not uncommon for CAS students to get recruited, but your going to have to network pretty hard and keep your GPA high. I know it can be doen though; I have a few friends who were econ/comp sci majors land IB internships at bouth boutiques and BB. Try going to Stern events and joining their clubs to learn more and expand your network. It also might look impressive to interviewers that you were a part of Stern clubs even if you weren't in the school.
Any NYU MA Econ Alums Out There? (Originally Posted: 03/25/2014)
I got accepted last week into NYU's MA Econ Program and am extremely interested in finding out more about using the program as an avenue into a career in finance. More specifically...
Has anyone on WSO gone through the program? Or interacted with anyone who has professionally? How would you view a MA Econ graduate with a strong undergraduate (semi-target/target) in a stack of resumes? Is the extra degree a deterrent when applying for analyst level positions?
Thanks in advance
in general you can't apply for analyst positions if you're a graduate student the only bank that allows this is Citi
@"matayo" Thanks for your response. Do you think the degree would be at all advantageous at smaller firms without restrictions on who they recruit?
NYU Math and Econ does pretty well for recruiting. 3.5+ GPA will get you interviews. There are many alumni in BB S&T and some in BB IBD. Take advantage of the Stern resources (clubs and information from stern students).
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