Laurier vs. UofT

Okay, I've been reading through the forums for quite some time now and have seen countless threads on Ivey, Queens, and McGill, and then a few Rotman and Schulich threads that have resulted in Ivey/Queens/McGill discussions.

So my question, which is better for Bay St. UofT Commerce (Rotman) or Wilfried Laurier (Co-Op)

This is for Bay St.

Oh on a side note: How is schulich on Bay Street as well.

 

Marcellus, do you know if there are more Laurier kids on the street than Rotman (undergrad) kids? And also do you know the approximate number that each school sends each year to the street?

The reason I ask is because I was set on Laurier before because I heard that Rotman was a total GPA kill; however, after visiting the Laurier campus and business school today, I was not very impressed to say the least.

If I will be presented with better opportunities at Rotman in exchange for working MUCH harder, than I am willing to take that challenge

 
mehp:
U of T will rape your GPA, go to laurier and transfer to ivey

This. Even if you don't get into Ivey after 2nd year I'd still stick with Laurier.

Rotman Commerce is more accounting focused than finance at the undergraduate level. They accept too many ESL international students so the relationships you develop in school will be non-existent.

And you really don't want to go to U of T for undergrad:

http://www.urbandictionary.com/define.php?term=University%20of%20Toront…

 
Best Response
CDNmonkey:
I would go to Laurier over U of T. Laurier's coop program is legit and will give you some interesting opportunities after only a year or two in school.

Agreed. And w/ the co-op program, you'll have one/some co-op terms in the winter (when Ivey, Queens, Schulich, etc. students are having their typical school terms) so there's less competition for internships.

Also agreed with the above that said UofT will kill your GPA, and with Laurier you'll have a better chance of transferring to Ivey (likelihood of higher GPA, and more time for extracurrics) if that is a desired option for you. Otherwise, their program alone is pretty good.

 

I am not a fan of UofT, it does rape your GPA. But I have friends who went there and went to Law/Med after so its not as hard as made out. But the culture of competition and no joy that UofT has somewhat is a total turnoff. But as I said again if you think you fit in with that go there.

How many WLU kids make to the street, depends on the overall year. Would say about 20-35 sounds about right.

Also as mentioned it is very easy to transfer to Ivey. Know a couple people who did that. From WLU/Mac they had a 76 average or so and some decent internships.

 

I don't understand why everyone shits on UofT. I went there for my undergrad and studied mathematics. I have a lot of experience with the mathematics/CS departments at waterloo, queens etc., and I can promise you that the standards and quality of education at UofT are considerably higher than anywhere else in Ontario. I agree that the co-op programs at Waterloo/Laurier are excellent for getting students experience, but you can get experience in your summers if you're at UofT. I did internships every summer and had a pretty decent resume by the time I finished my undergrad and started my MFE.

It is definitely true that getting a good GPA at UofT is harder, but that is meant to seperate the good from the great. What is the value of a 3.8 GPA at Laurier if it is so easily attainable?

As for the number of students that make it into front office roles, I think it is irrelevant. There is a selection bias from the students' point of view here. Students who know they want to go into banking/S&T generally don't choose UofT out of HS. I didn't go to UofT because I wanted a career in Finance. I didn't know what I wanted careerwise, and so I went to UofT to get the best possible education I could. And there is no denying that you will get a higher quality education at UofT than anywhere else in Ontario. Only McGill and UBC are in the same league as UofT.

If you are smart, hard working, well prepared and ambitious, there is no reason why you can't attain your goals studying at UofT.

For the sake of full disclosure, I figured out that I wanted to go into S&T very late, and wasn't able to find a way in, but I don't blame UofT for it. It's my own fault. I ended up going into consulting instead, and eventhough it wasn't my first choice, I am very happy with my career now. If I knew I wanted to be in S&T from the beginning of my undergrad, I would have done many things differently, and I have no doubt that I could have done it.

Anyway, UofT is an excellent school. It is a considerably better school than Laurier. You will be challenged much more, and your education won't be focused entirely on getting you a job. It will be focused on developing your mind instead. Not to mention that Toronto is an amazing city, and Waterloo sucks.

-MBP
 
everythingsucks:
I don't understand why everyone shits on UofT. I went there for my undergrad and studied mathematics. I have a lot of experience with the mathematics/CS departments at waterloo, queens etc., and I can promise you that the standards and quality of education at UofT are considerably higher than anywhere else in Ontario. I agree that the co-op programs at Waterloo/Laurier are excellent for getting students experience, but you can get experience in your summers if you're at UofT. I did internships every summer and had a pretty decent resume by the time I finished my undergrad and started my MFE.

It is definitely true that getting a good GPA at UofT is harder, but that is meant to seperate the good from the great. What is the value of a 3.8 GPA at Laurier if it is so easily attainable?

As for the number of students that make it into front office roles, I think it is irrelevant. There is a selection bias from the students' point of view here. Students who know they want to go into banking/S&T generally don't choose UofT out of HS. I didn't go to UofT because I wanted a career in Finance. I didn't know what I wanted careerwise, and so I went to UofT to get the best possible education I could. And there is no denying that you will get a higher quality education at UofT than anywhere else in Ontario. Only McGill and UBC are in the same league as UofT.

If you are smart, hard working, well prepared and ambitious, there is no reason why you can't attain your goals studying at UofT.

For the sake of full disclosure, I figured out that I wanted to go into S&T very late, and wasn't able to find a way in, but I don't blame UofT for it. It's my own fault. I ended up going into consulting instead, and even though it wasn't my first choice, I am very happy with my career now. If I knew I wanted to be in S&T from the beginning of my undergrad, I would have done many things differently, and I have no doubt that I could have done it.

Anyway, UofT is an excellent school. It is a considerably better school than Laurier. You will be challenged much more, and your education won't be focused entirely on getting you a job. It will be focused on developing your mind instead. Not to mention that Toronto is an amazing city, and Waterloo sucks.

Sorry man you're way out of your depth here.

You went to UofT for Math and you're right, their mathematics department is unrivaled in Canada and is one of the best in the world.

On the whole (along with Mcgill and UBC), UofT is the only Canadian university which is respected academically on the international stage.

However the school's undergraduate business program and, let's be honest, the university itself leaves a lot to be desired. The school breeds arrogant cry babies who throw a tantrum whenever someone mentions they went to a more "prestigious" university. The school lacks a student community, a social scene, and it leaves its graduates unprepared for life outside of academia.

Last time I checked financial services was a social industry first, and a technical one second. I'd hire a 3.8 from Laurier over a 3.8 from UofT for a front office position any day of the week. I know for a fact that the Laurier kid will have friends, interests outside of work/school, and some entertaining stories - I doubt the U of T grad will have the same non-academic credentials.

 
Babyj18777:
everythingsucks:
I don't understand why everyone shits on UofT. I went there for my undergrad and studied mathematics. I have a lot of experience with the mathematics/CS departments at waterloo, queens etc., and I can promise you that the standards and quality of education at UofT are considerably higher than anywhere else in Ontario. I agree that the co-op programs at Waterloo/Laurier are excellent for getting students experience, but you can get experience in your summers if you're at UofT. I did internships every summer and had a pretty decent resume by the time I finished my undergrad and started my MFE.

It is definitely true that getting a good GPA at UofT is harder, but that is meant to seperate the good from the great. What is the value of a 3.8 GPA at Laurier if it is so easily attainable?

As for the number of students that make it into front office roles, I think it is irrelevant. There is a selection bias from the students' point of view here. Students who know they want to go into banking/S&T generally don't choose UofT out of HS. I didn't go to UofT because I wanted a career in Finance. I didn't know what I wanted careerwise, and so I went to UofT to get the best possible education I could. And there is no denying that you will get a higher quality education at UofT than anywhere else in Ontario. Only McGill and UBC are in the same league as UofT.

If you are smart, hard working, well prepared and ambitious, there is no reason why you can't attain your goals studying at UofT.

For the sake of full disclosure, I figured out that I wanted to go into S&T very late, and wasn't able to find a way in, but I don't blame UofT for it. It's my own fault. I ended up going into consulting instead, and even though it wasn't my first choice, I am very happy with my career now. If I knew I wanted to be in S&T from the beginning of my undergrad, I would have done many things differently, and I have no doubt that I could have done it.

Anyway, UofT is an excellent school. It is a considerably better school than Laurier. You will be challenged much more, and your education won't be focused entirely on getting you a job. It will be focused on developing your mind instead. Not to mention that Toronto is an amazing city, and Waterloo sucks.

Sorry man you're way out of your depth here.

You went to UofT for Math and you're right, their mathematics department is unrivaled in Canada and is one of the best in the world.

On the whole (along with Mcgill and UBC), UofT is the only Canadian university which is respected academically on the international stage.

However the school's undergraduate business program and, let's be honest, the university itself leaves a lot to be desired. The school breeds arrogant cry babies who throw a tantrum whenever someone mentions they went to a more "prestigious" university. The school lacks a student community, a social scene, and it leaves its graduates unprepared for life outside of academia.

Last time I checked financial services was a social industry first, and a technical one second. I'd hire a 3.8 from Laurier over a 3.8 from UofT for a front office position any day of the week. I know for a fact that the Laurier kid will have friends, interests outside of work/school, and some entertaining stories - I doubt the U of T grad will have the same non-academic credentials.

Dude, I totally agree. There are many things that need improvement when it comes to the way UofT governs itself. In all honesty, I don't have much experience with the undergraduate business students/program so I will have to take your word for it. I do think, however, that your perception of UofT students as a whole is wrong, and in all honesty, I have found Queens Commerce and UWO Ivey students to be more arrogant.

-MBP
 

People shit on U of T because the resources to get into front office roles simply aren't as good as they are at queens, ivey, and other schools with co-op programs.

It's a school extremely biased towards placing you into accounting if you are in the commerce stream.

I do agree with you that the professors and the quality of education you get are very good, sadly an internship from a coop term will get you more mileage.

 

Kids that are gunning for front office straight away from year 1 will have a huge advantage almost regardless of school, but the U of T student will have to work harder to maintain grades and gets less help from the school to land those internships, that's the problem.

I went to U of T undergrad and the amount of kids in commerce that are completely clueless about the recruitment process and front office roles in general is astounding.

 

I think we can agree that most people in this field and forum are arrogant to some degree... just look at how many prestige posts there are, and people ragging on "lesser" banks or firms or fields, or schools (my school is so more 'target' than your school...)

But anyway to get back on topic. The OP is asking which school will set him up with a greater chance at his/her goal.

UofT is a good school - and definitely it's math program is stellar, but the downside is its sheer numbers in student volume and that does work against you. I'll repeat what a UofT friend has told me: it's a very competitive school where there's some kids who study ridiculous amounts and have very high GPAs. As a screening metric, the companies that do recruit there, would pick out your top 1-5%. But because the UofT career management does a poor job polishing their students on their interviewing and networking skills, and the kids selected are the usually the ones that don't really spend time outside of school work - they face a tremendous uphill battle against schools that DO focus on where it counts (the interview process). And against kids from other schools that both have good GPAs, but also extracurriculars, personalities, and a deep Alumni network that's willing to help students, UofT kids have a tough time.

This isn't to say they can't succeed - but it's just that the school doesn't do them too many favors by not focusing on polishing them and bringing in a wider range of firms recruiting. You've got a huge population fighting for less positions. Whereas there are some firms that only go to Ivey, Queens, McGill and even Laurier (e.g., Gluskin Sheff) specifically. So students, in order to succeed (and they can), just have to do more work by themselves to understand how the game works.

 

Kanon, you bring up some great points, much like Babyj, and so I concede. I think my tangent about UofT's general reputation is irrelevant to the purpose of this thread. You guys are right that Ivey/Queens kids have an advantage over UofT kids in Finance as a whole.

-MBP
 

People shit on UofT. Because of grads like you dude. Come on I know so many people in engineering/CS/maths from UofT/Waterloo. Some traders who did undergrad and grad at one or the other.

None of those people who ever say UofT is above Waterloo in Maths/Engineering. Vice versa, I know guys who did well in EngSci and said Mechatronics/Systems at Waterloo is just as hard.

Getting a high GPA is so so hard at UofT? This is what every whining overworked student at UofT always says, I know guys who got 90s in advanced math at UW, I am sure they can hold their own. So can all the WLU people I know who aced CFA/UFE/etc...and got straight A's. You people use the same books and material as Ivey/Queen's/WLU so explain to me why is is so hard to get a decent GPA at UofT? Know why its the culture and how the professors treat their classes.

UofT is a great school for Law/Med/etc. But the undergraduate experience has come way down over the years. Case in point my buddy went to York and then UofT dental, and hes at the top of the class ahead of McGill/Queen's all those other so called great schools. Know why he did not goto UofT? He hated the culture, but for post-grad its different there the value of research and brand of UofT shows true.

Lastly, though I have been to Rotman met people who worked in the finance lab and other parts. I have also been to UTSC and know some stars that came out of there. You can make out of their alive with a good gig, lots of smart kids, but at the end I saw, "these ppl are all overworked and for what?" some myth that UofT is amazing and should slave you.

 
mehp:
marcellus_wallace:
You people use the same books and material as Ivey/Queen's/WLU so explain to me why is is so hard to get a decent GPA at UofT? Know why its the culture and how the professors treat their classes.

A large part of your grade at Ivey is participation, which counts for almost nothing at U of T.

Yet another choice by UofT to structure their curriculum and classes that way. Schulich kids do a giant project every year, Queen's do tons of cases in upper years, Ivey follows HBS all cases all the time. WLU has 2-3 major year end things going on.

UofT likes to do what? Throw 150 question M/C tests at people?

Also you think participation is easy? You have to read the case the night before, make notes, make intelligent relevant comments and may hand in a synopsis. Some of friends hated that shit. They would much rather cram 3 weeks before an exam and ace the M/C and short-answer.

 
Non Target Master:
In all honesty, if you can't get into Ivey or Queen's, why do you think you can break into banking?

You can apply that same thought process to... "If you can't get into an Ivy-league school, or Stanford, or a top public target like Ross, UV McIntire, UCLA, McCombs, etc. what makes you think you can break into banking"... for US schools.

And I'm not from a non-target, I'm from one of the two targets you mentioned. But I've noticed, for whatever reason, some people just start kicking ass late in the game - in university instead of high school... And just the same, you'll see some people who had high stock coming in flame out.

Kinda weird you brought this point up, from someone with the username "Non Target" Master.

 
Kanon:
Non Target Master:
In all honesty, if you can't get into Ivey or Queen's, why do you think you can break into banking?

You can apply that same thought process to... "If you can't get into an Ivy-league school, or Stanford, or a top public target like Ross, UV McIntire, UCLA, McCombs, etc. what makes you think you can break into banking"... for US schools.

And I'm not from a non-target, I'm from one of the two targets you mentioned. But for whatever reason, some people just start kicking ass in university instead of high school...

Kinda weird you brought this point up, from someone with the username "Non Target" Master.

Which section are you in Kanon?

Veritas
 
Non Target Master:
In all honesty, if you can't get into Ivey or Queen's, why do you think you can break into banking?
I have the grades to get into the top business schools in Canada, but for personal reasons my choice has been whittled down to Laurier/Rotman
 
171nAcos:
Non Target Master:
In all honesty, if you can't get into Ivey or Queen's, why do you think you can break into banking?
I have the grades to get into the top business schools in Canada, but for personal reasons my choice has been whittled down to Laurier/Rotman

Let me guess, you had to take care of your ill grandmother so you couldn't participate in leadership & extracurricular activities.

Veritas
 

Thanks to everyone who has helped thus far, but I have one more question: Would Laurier be better than Schulich? Again, I am getting a lot of mixed signals with regards to schulich, and I now know that Laurier is a very strong school as well, but ultimately, would it be better than schulich?

 
171nAcos:
Thanks to everyone who has helped thus far, but I have one more question: Would Laurier be better than Schulich? Again, I am getting a lot of mixed signals with regards to schulich, and I now know that Laurier is a very strong school as well, but ultimately, would it be better than schulich?

Culture again. Have you visited SSB yet? Did you like it?

Seriously I know smart people from all these schools, there is no better or worse.

 
marcellus_wallace:
171nAcos:
Thanks to everyone who has helped thus far, but I have one more question: Would Laurier be better than Schulich? Again, I am getting a lot of mixed signals with regards to schulich, and I now know that Laurier is a very strong school as well, but ultimately, would it be better than schulich?

Culture again. Have you visited SSB yet? Did you like it?

Seriously I know smart people from all these schools, there is no better or worse.

Yea, I have visited Schulich a couple of times, and I love the actual schulich building but the york campus is ehh, but hey, Im not complaining. The schulich building itself has a much more professional feel to it than the Laurier building though, thast for sure
 

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