Should i try to early decision wharton and if rejected, early descision nyu

High school senior here in texas. If accepted i'll be 150-200k in debt when i graduate from either school. I can try to ed wharton first and if rejected try to ed nyu since nyu has a later deadline.

I'm sure i want to go into finance but not sure if i'll do ib right out of school. If i somehow even get in, Is the debt at either school worth it? My other option would probably be fordham with no debt or ut austin with no debt (provided i get in). Thanks.

Heres my stats:

I'm a senior rn oos in texas, asian

Gpa : 4.74 weighted, 3.74 unweighted
(not ranked, my school only ranks top 10 percent, class of 600)

Sat :1560, PSAT :1490, national merit semifinalist atm

Ec's :3 years of high school jv tennis and tournaments outside of school
member of BPA for two years (made it to nationals for Advanced Accounting)
30 hours volunteering at a thrift store,
got a job at Whataburger since june 2021
Member of business club freshman year.

Courseload (Honors, PAP, Advanced same thing)
Freshman Year

  1. Honors English 1
  2. Algebra 2
  3. Biology
  4. Honors world history
  5. Health and Pe
  6. French 1
  7. Principles of engineering

Sophomore Year

  1. PAP English 2
  2. PAP Pre-Calculus
  3. PAP Chemistry
  4. Human Geography
  5. French 2
  6. Physics 1
  7. Tennis
  8. Tennis

Junior Year

  1. Tennis
  2. Tennis
  3. AP Lang
  4. AP calc ab
  5. Accounting 1
  6. US History
  7. PAP French 3
  8. PAP computer science

Senior Year

  1. Late arrival
  2. Late arrival
  3. Ap lit
  4. AP calc bc
  5. Earth space
  6. Money matters
  7. History
  8. Advanced art

Ap exams : ap lang - got a 3 (will take lit and bc this year)

Recommendation letters : my ap calc bc teacher said yes and so did my accounting 1 teacher.

 
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Stern is depressing af. Like the comments above, I'd say go to McCombs. Absolutely go there if you get BHP. Prestige might seem nice now but when you don't have any friends and are constantly surrounded by a bunch of fobs talking about recruiting while also paying $85k/yr, prestige isn't quite going to cut it anymore. Texas is a great school for both recruiting and a fun college experience. Also I go to Stern and had the choice to go to UT so take it from me firsthand

 

Everyone is hyper-fixated on IBD recruiting. It permeates the entire Stern culture. There is also no campus and COL in NYC is high af. No sports or campus to keep the student body connected. I have a great job lined up but sacrificed a lot socially to get it. And now looking back I can't shake the feeling that I could've gotten the same offer going to a school like UT Austin

 

Worry about school costs after you apply. Top schools give generous financial aid. That being said, you don’t seem to be that competitive of an applicant so Wharton probably won’t happen. Nevertheless, apply to all the top schools shotgun style and hope some stick. Good luck

 

1 - why are you vomiting out a bunch of high school statistics to people who graduated over a decade ago

2 - wharton has mad females, all the broads there are from traditional wasp heavens like the hamptons and nantucket, go there

 

I'm currently at UF as a national merit scholar, so I practically get paid to be here. I pay for everything and still have a few extra thousand each year. I didn't do the masters 4 year program, haven't been involved with anything, and had one internship at an asset manager and still got an internship in IB at a top MM (think RBC). I have a few friends who are doing the four year master program and are in the student investment fund and that stuff and the are getting JP Morgan, Evercore, etc. I don't think the debt is worth it at all. It's definitely easier to go from an Ivy, but I don't think it's worth 200k. I would go to UT Austin they place well. You can go to any bank at any of the schools you listed, just have to work hard in college.

 
Most Helpful

Apply ED to Wharton, do your best and don't look back. I'm not sure what your family's situation is but assuming you can, going in debt is worth it and it will pay itself back multiple times - arguably the same reason why MBAs pay 200k for 2 years to get a brand name but with even more upside value given it's for undergrad.

While you may get into banking at other schools, the opportunities you'll get are unparalleled at Wharton and the brand/network is a gift that will keep on giving far beyond getting into IB after grad. 

Don't let others discourage you into not shooting your shot and taking the "safe" route.

 

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