NYU Econ VS. UVA McIntire? I need your advice
I would like to know your opinions (bankers, alumni, current students, I would love for you to share your input) as to which school would be better off for an aspiring FO banker. I am a sophomore in college transferring into one of these two as a junior/third year.
I recently have found out that I am guaranteed admissions to UVA, I would complete my B.A. in Economics and then directly enroll in a 1 Year M.S. in Commerce (Finance Track) at McIntire, which would put me on the market for the better recruiting at UVA.
I am also applying to NYU Econ this winter, and I believe myself to be a strong candidate. If I was to get accepted and enroll at NYU, I would be on the market with just the B.A. Econ.
Lastly, it is understood that NYU is obv gonna have the perks of location and network, but it would be Econ and not the Business School; I've seen a lot of people clowning and shitting on the non-sternies so now i'm hesitant..
Both schools are obviously great to be at and I am definitely not getting ahead of myself, I just want to be prepared! So what is the consensus? What do you guys think? How would you rate the two against each other for IB?
I would recommend applying to both but I think the sentiment on this site is that NYU CAS is not worth the money, especially if you have the admission form UVA Econ. Anyway, it really doesn't hurt to apply to both!
Yeah, I just feel like there isn't enough info on NYU Econ on this site for me to learn more and maybe make a better decision. I'd love to see if any current bankers or alumni can speak on this!
MS Mcintire isn't quite undergrad mcintire but it's still probably better than NYU econ
Why would it be different? Same brand name no? It's still the same degree in Comm/Finance track..
look at the placement reports.
https://www.commerce.virginia.edu/sites/default/files/CCS-Documents/Des…
more firms seem to be recruiting undergrads. undergrads come out with higher salaries.
Ah yes, I would like to point out a big factor would also probably be due to the quantity of applicants and potential hires. However, there is obv, going to be more recruiting going on for the undergrads. I took a thorough look at that, and it does not seem like it would be a disadvantage; undergrads have higher salary medians/avgs because more of them are being hired at the top end vs. M.S. students, but this is because there are so many less M.S. students; also, a big majority of the M.S. students look like they're more interested in research/analytics vs. banking. I think these lower "averages" are because you've got 10 guys making 85k base in FO IB out of 200 people vs. maybe 100 out of 700 finance grads.
Possibly, but look at pages 32-33, the page with the organizations recruiting. The only banks that MS Commerce placed into were JPM, Citi, and Nomura. You say it's just MSC students not as interested in banking, but anecdotally speaking, it's definitely a two way street between the students and the recruiters as to why MSC students don't perform as highly as a group.
So from what I see there were 118 students doing M.S. in Commerce. 43% of those went to finance, so we're at about 50-51 students. Now, of the 43% of Finance students, only 48% of them went into Banking, Insurance, and Real Estate. Which leaves us now at ~25 people that went into one of the three.
I see that out of 25 people who did an M.S. in commerce, they were placed into: J.P. Morgan, Capital One, Harris Williams, Nomura, and Citi.
So, even if only ONE person went to each bank, that's 20% placement into investment banking. Worst case scenario, the rest went to financial analyst roles at what i'm going to assume is the Big 4 or also these banks in back office.
I totally agree with you, but I don't think it's significant enough of a "con" for me to consider it one, you know? IMO, that's great placement, and I would love to work at any of those banks. Anyways, your original comment is that it's still prob better than NYU Econ and it looks like it. Thanks!
The people who work at JP, Capital One, and Citi from that class aren't in IB. The ones that are in IB were former UVA undergrads and that fact probably played more of a factor in getting a job at Harris Williams or Nomura than being in the MS program.
Do you know what kind of positions they scored, and how do you know it's not IB?
Also, by "former UVA undergrads" i'm assuming you mean they did McIntire undergrad, correct? I will be doing my undergrad at UVA just not Comm school. I guess they could also have gone to work for a year or two, after uva undergrad, and then came back for the MS program.. in your opinion would you say it's not worth it then?
A lot of people like to shit on NYU Econ, but truthfully, there are a good amount of CAS Econ grads in FO positions in BB's. CAS Econ kids and alumni definitely try and help out their fellow students. The perks of NYU is you go through the same recruiting as Stern. Another benefit is that Stern kids and brutish and nasty. Econ kids are not the type to sabotage others. For $70k I would go to UVA, but if your financial aid package comes back and is significant, I would go for NYU. If anything, good grades and an NYU name will help you get a MS Fin somewhere else.
uva econ vs nyu cas econ (Originally Posted: 02/11/2018)
Let say if I don't attend the business program and major in economics, then which school is better for management consulting in nyc?
lofty12345, bummer your thread hasn't had a response yet. Maybe one of these threads could point you in the right direction:
No promises, but sometimes if we mention a user, they will share their wisdom: VioletBlues Zalchas teodora.ardeleanu
I hope those threads give you a bit more insight.
Personally, I think you should go to UVA, and for a few reasons... 1 - You'll be in the business school. At both institutions, the b-school will be prime hunting grounds for recruiters. 2 - UVA has a much better campus feel. At NYU, you'll be plopped into some dorm or apt in the middle of the city. I think the "college experience" is something you should enjoy while you can. 3 - More of a (-) to NYU CAS, but I know everyone in Stern is obsessed with getting to Wall Street, so you can imagine the competition, and I imagine this leaves even fewer opportunities for Econ majors and the like.
should I attend UVA Econ or NYU CAS Econ? (Originally Posted: 02/11/2018)
Let say if I don't attend the business program and major in economics, then which school is better for management consulting and cooperate/commercial banking in nyc?
McIntire is not the UVA business school – that's Darden. The MS in Finance program is at McIntire which is the commerce school. It has great connections in finance and consulting. I'm also confused about your post though. You said you would transfer going into third year and then start the MS in Finance program. Won't you be graduating a year early? Why not enroll as a third year in the undergrad Mcintire program which starts junior year and finishes senior year. You'll have a much better shot at a SA IB position if you do that than you would start a one year MS in Finance program.
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