NYU LSP vs. Colgate

Warning: long post, if u don't want to read, short take: NYU CAS Econ vs. Colgate Econ for job prospect (IB FO in general) considering competition and amount of efforts ( EC participation and networking) needed within each class.

Explanation:

Hey guys, I'm a high school senior just got accepted to NYU liberal studies program first year in DC (applied to CAS Econ, but got "overflowed" I guess) and Colgate (applied Econ but i think major declaration isn't restrictive there anyway).

I have sorted through these two schools on a personal match level pretty well and the result is somewhat tied:

Colgate - I love Colgate's campus, super beautiful and I don't have a problem with small town setting, small school stronger ties are pros for me. They gave me $5000 grant per year which is no way a deal breaker considering its $80k cost/year, so fin aid is not a factor for me when it comes to decisions.

NYU - Though i always wanted a real campus for college, I'm very used to urban life since I grew up in big cities and I do like NYC. (I'm on West Coast) They only gave me work study/loans so basically "fake aids".

I personally favor Colgate a bit more but it's not going to overwhelm a potential better job prospect in IB (FO in general)

So I really need help deciding which one to go and some insight into these two schools from a pure grad placement view.

I'm thinking working in East Coast or West Coast after college.

NYU is definitely a bigger name than Colgate in NY and nationally with obviously superb location, and I've heard their liberal studies program have easy transitions into CAS after two years. Nevertheless this program still sounds kind of sketchy for me especially considering they want me first year in Washington D.C. Plus I heard that Econ at NYU is highly competitive/very tough to break into IB despite some claim it has "same opportunities as Stern".

On the other hand Colgate is a LAC with only Econ major (also their most popular major) and students there seem to assume that major as pre-banking whatsoever. Alumni might be more helpful but a lot top placements might just be personal/family connections (parents high up in the company) I suspect. Minimal OCRs only company recruits regularly seems to be Barclays. Less people more attention from teachers but not necessarily less competition considering opportunities and students wanting to do finance after graduate.

That's my take on these two right now after a little bit digging on forums but I'm really unfamiliar with both programs since I'm on West Coast. I really need insight from you guys on their representation on the street, relative competition by class size, taking into account some jobs were taken through family connection which I obviously don't have.

I also got waitlisted at UCLA, UVA, and Boston College, though I think I would still choose between Colgate and NYU, I would appreciate a ranking of all five of them.

Thank you for taking the time to read all this, any input would be helpful to me.

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Comments (10)

  • Prospect in IB - Gen
Apr 1, 2021 - 1:24am

Posting anon as I am currently at one of the 2 schools.

Do you play sports? Do you like to party? Do want to go out of your way to join clubs and be involved in the community? Please do not base your college decision off of your possibilities to break into banking - it is so so so much deeper than that.

Colgate- Toothpaste university, but most people there all love it. None of which aspire to work in banking. Fun school, good party scene, D1 sports, rural setting. Definitely a solid atmosphere if you're into that.

NYU - Inherently more expensive. Inherently more toxic culture. Inherently a clear pipeline to IB/finance, but still, do not base a college decision completely off opportunities. What if you go to NYU and hate it and don't get good grades? Last piece of advice I have is CAS Econ & Stern have identical opportunities. All my friends that went through both programs have all had great placements and in (maybe slightly under half) cases, CAS has better placements as that is where the athletes are and banks love athletes. HOWEVER, LS is not. LS is the back door to get into NYU and internal transfer into Stern. I'm not sure, but I believe you transfer out of LS after your sophomore year (after recruiting).

Bit all over the place, but hope maybe 1 or 2 sentences here help. Good luck - keep us posted.

Apr 1, 2021 - 2:56am

I'm so confused right now, literally half of the people say they're almost if not completely the same (which I doubt) and the other half say CAS is way worse than semi-target while being cutthroat rigorous (I also think that's a bit exaggerated) How do you see it as from Stern? Thanks a lot for replying.

  • Prospect in IB - Gen
Apr 1, 2021 - 10:07am

Hate to say it but this is the typical thing a stern kid would say hahahaha. Perpetuates the exact culture everybody mentions on here. 4 of my friends (all student-athletes from CAS), and they all had top top placement. I'm not at NYU, but can confidently say from talking to my friends there's no difference in opportunity from either.

Apr 1, 2021 - 2:52am

Thank you, that was very helpful! Yes I have considered the sports and social life aspect, I won't be an athlete at college but I'm fine with going out and joining clubs. I applied Colgate last minute and didn't even write an essay for them; I think I got in because of my community involvement. Students there seem quite friendly. That being said, do you think to what extent will not being an athlete bring my resume down? And do u happen to know anything about the DC campus of NYU ( I have to go there first year for LS) ? Does LS-CAS and straight up CAS differ a lot when it comes to recruiting? Thank you.

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  • Intern in IB - Cov
Apr 1, 2021 - 9:06am

At Stern rn so I could probably shed some light. I'm sure you know but LS is a decent program where you take all your requirement the first two years before transferring to a main school. Do a bit more research on this but I'm pretty certain LS has priority when it comes to transferring so you have a chance to go to Stern if that's what you're interested.

As the former Stern alum said above, the opportunities of CAS and Stern aren't "identical" but CAS does get almost all the same info session. You're "in" for all IB info session should be through clubs and meeting people as well as taking stern classes. Honestly, CAS placement really isn't bad if you grind. I know at least 3 CAS kids that were able to snag an SA spot while some stern kids didn't get anything (probably didn't take it seriously but still)

Apr 1, 2021 - 9:26am

Colgate has some ridiculous placement for baml. Literally have networked with 7 guys from baml that went there. Lots of my friends go to school at Colgate and the big advantage is that very few people are interested in banking so your competition is a lot smaller. The only problem is it's in the middle of nowhere and can get very boring if you're not apart of the social scene(which consists entirely of rich white kids).

  • Analyst 1 in IB-M&A
Apr 1, 2021 - 1:50pm

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