NYU CAS vs BC CAS (Econ)

Hi everyone, I'm new to this forum and I'm seeking advice for the best undergrad education and experience I can get for a potential job in the finance sector after graduation. I'm currently deciding between NYU and Boston College Econ. The reason why I didn't apply for their b schools (Stern/Carroll) is because I am not entirely sure I want to commit to such a preproffesional program. I'm still keeping my options open in terms of what to do after graduation; however, I'm heavily considering entering IB or BB. Which Econ program is better, and which school (CAS) provides more opportunities for internships/job placement in finance? Does location truly matter a lot (NYC vs Boston)? Thanks.

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Comments (21)

Best Response
Apr 27, 2015 - 1:44am

I guess you couldn't reverse it---but it's easier to be in preprofessional and get out, than not in B-school and wanting to get in. But do you want to double major? It doesnt hurt regardless if you get into b-school units.

Both are fine schools. BC has a networking leg up, probably won't lose to NYU that much. It beats MIT and Harvard in networking, which says something.
NYU is strong with its location of course. But for some of that to realize? You might need stern.

you should search for yourself.... how to get into respective b-school units.... because you can do econ, but you may also have a leg up in networking with business alums if you do get into b-school (Carroll/Stern). some schools also do "decentralized career services", which means that you don't get the alum network unless you're in that College/School. (e.g. Michigan Ann Arbor)

Apr 27, 2015 - 1:55am

What should I double major in? I will try my best to transfer into Stern/Carroll if I decide IB is truly what I want to do. How is BC better in networking than Harvard/MIT...? Also, if I want to work/intern in NYC, does it definitely help to be at NYU rather than BC?

Array
Apr 27, 2015 - 2:32pm

there're many more combinations that are "classics".

Math, CS, Statistics, Political Science, Law, Operation Research... Accounting, MIS, etc. are closely related. I'd count Psychology/Communication as related topics for management major as well. But too many people have other majors with Finance/Economics degrees

It depends on what you like and what you can do well in, not if it is a classic or not--nobody give you brownie points for having classic double majors.. I've seen people with Biology & Finance majors and it works out for them

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Apr 27, 2015 - 7:52pm

Back to my main question though. Which is the better option for potential finance job after graduation: NYU CAS or BC CAS? Also, do these grads typically get BO, MO, or FO jobs?

Array
  • 1
Apr 28, 2015 - 4:26pm

It's hard to find solid statistics online. Does anyone know anything about placement rate into finance jobs at each of these schools?

Array
Apr 28, 2015 - 11:36pm

just keep looking man. you can try LinkedIn filtered search for NYU / BC pages
you can try to look for employment reports..... you could ask this quick question to those A&S Econ majors
or just ask admissions/career services, man. They wouldn't really lie to get you, unless you're like a foreign president's kid

and use reply next time--I'm becoming busy

Sep 3, 2015 - 7:22pm

Would go NYU CAS - their Econ program is great and generally believed to be better than Stern's Econ major since they are two different departments for some reason. I always thought NYU CAS kids had a very difficult entering FO roles at BBs and other finance positions but realizing that's not true at all. You do have to put in more work but for the most part you get the same access to opportunities as Stern kids.

Also just some advice most people don't know - it is way easier to internally transfer into Stern than to externally transfer and standards for external transfers are much higher because of low transfer acceptance rate so you could always do well at NYU CAS and transfer into Stern if interested.

Sep 3, 2015 - 7:23pm

BC CSOM vs UMICH & NYU econ for IBD (Originally Posted: 12/03/2011)

These are the top 3 programs I was accepted in for transfer meaning no hope of changing major. I have asked similar questions but please help me evaluate these schools and if you have gone to one of these, please give me a picture of what the recruiting is like for IBD in the respective programs.

Michigan: great academics, bad OOS tuition, from what I know the career center for LSA econ students sucks (although I am leaning towards here for the academics)

NYU: best diversity, but CAS econ students are known as Stern rejects... also going out for a drink or even a meal will be extremely expensive

Boston College: heard some good things about the IBD recruiting for Carroll students, but what gets me is that this is a catholic school, nothing against catholics, I just feel like it will be a lot harder to fit in

All are roughly around the same cost +- $3k which will be nothing in comparison to a potential job offer I can get.

Maybe something to consider. I want to work in either LA or SF for banking so the prestige of these schools on the west coast matters. Also, I am going to these schools for the chance to work in a BB.. I have IBD experience, so its not a matter of breaking into the industry. Please help, all opinions on these schools are appreciated

Thanks! SBs for good info

Sep 3, 2015 - 7:27pm

You will take a hit for not being in either Ross or Stern but as long as you're academically sound you can make up for it. From my understanding BC/BU are a pretty poor value in terms of cost to recruiting ratio.

For me it would be between NYU and U-Mich. NYU edges out slightly do to location but I would make your decision based on the kind of campus atmosphere you want to be surrounded by.

Sep 3, 2015 - 7:28pm

Most of the BBs have actually posted on the LSA career center site for SA positions this year. Non-Ross recruiting has been getting much better recently - if you make any sort of networking effort, you stand a pretty good chance of scoring an interview.

Sep 3, 2015 - 7:32pm

nyu vs fordham in costs without scholarships is pretty close to equal i think, with nyu being 41k ish and fordham being around 39k. However, if you get scholarships at fordham that number might go down a lot.

Sep 3, 2015 - 7:33pm

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