Rutgers Business School vs Gabelli School of Business (Undergrad)

As the title says, I'm currently deciding between Rutgers Business School and Fordham's Gabelli School of Business. I know it's hard to get into investment banking coming from a non-target school but I was wondering which school would be better for investment banking/big 4 valuation. Fordham would cost around 10k more for the first two years and for my last two years, it would cost around 20-30k more. While Fordham is right in NYC, Rutgers is also close to NYC, cheaper, and I would already know a lot more people at Rutgers. However, Fordham is obviously a much smaller school which I believe is beneficial as it could be easier to stand out. I would really appreciate any insight/advice on Wall Street placement from both schools (I know it's minimal) and which school would be the better option for investment banking/valuation at the big 4. Thanks and stay safe everyone!

 

Maybe that has been your experience but Fordham has done very well for IB over the past few years.

For reference, these are some of the incoming analysts from the current senior class.

1 GS IB 4 BAML IB 2 Barclays IB 1 CS IB

Obviously these numbers are nowhere near a target but Fordham is definitely bordering on semi-target for many firms.

Just as many are going into S&T and other front office roles at BB and similar firms.

 

not even close to being a semi-target. I don't know how true these numbers are, because I work in one of these firms you mention and I haven't seem any fordham IB analyst yet. I have seem more Baruch than Rutgers. And, more Rutgers over Fordham. However, personally I always thought of Fordham as being a better school than Rutgers or Baruch, but it seems like that may have change since I graduated from HS. Long story short, Fordham is not worth $10k more than Rutgers.

 
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Hey @Nerbo,

Rutgers Junior here. Will be going to one of the BB's this upcoming summer for Investment Banking. Coming in, I knew I had to work harder / spend more time networking in order to gain access to the similar recruiting opportunities as those from target universities. But I will be completely honest in saying: it is do-able.

Over the years, Rutgers has gone from a complete non-target to a school that is gaining more reputation on the street (although still not classified as a target school). Just this year, we had some pretty great placements. Roughly 15 incoming SA for IB, 10 incoming SA for S&T, and 10 incoming SA for ER / PE / HF. You can find these numbers straight off Linkedin.

This increase in numbers (compared to where we stood in terms of placement on the street years ago), has been largely attributed to programs including: LIBOR, Road to Wall Street, Student Managed Fund, etc.

At the end of the day, it's definitely important to evaluate cost when choosing a university to go to. However, don't discount a school simply because it's labeled as a non-target. The resources are inevitably here and if you take full advantage of them / play your cards right, you will make it to the street.

 

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