Worth it or Not?

dbid's picture
Rank: Baboon | 108

Hi everyone,

I've recently been accepted as a junior transfer at Villanova. However, I'm really not sure if Villanova is worth it for going into equity research one day or just entering the financial industry in NYC. I know that Villanova is great with its active alumni network, recruiter base, and close proximity to finance internships (philly). But I am most concerned about the following:

1. bring total debt to about 85k
2. can only major in one subject in order to graduate within 4 yrs.

On the other hand, my current school's situation is thus:
Pros:
-can graduate a semester early-->save money
-total debt would be less than 60k.

Cons:
-hate it here (bias reason), bored out of my mind
-not a lot of finance internships
-non target

Can you monkeys please provide me with some advice/insight on what to do? Is it worth it to go to Nova? Any other factors I should consider? I'd greatly appreciate any help!

Comments (10)

Jul 5, 2013

Villanova recruiting is solid. If you can stomach the debt, I say it's a good choice.

Have you applied to any other college besides Nova?

Jul 5, 2013

Unfortunately I was naive and did not bother thinking to apply to my state school, which is only 45min away from NYC...
I really don't want to be paying off debt for over 10yrs, Anyone think that being in equity research will yield $60-80k/yr?
What about the fact that at Nova I'll only be able to major in finance, which looks pretty bland on a resume?

Jul 5, 2013

You will repay that debt quick once you get a finance role. Even ER roles at BBs pay really well.

Jul 5, 2013

Perhaps I will be able to pay back that debt quickly...if I land an ER role though. I know it sounds trivial, but I feel like having a degree in just finance and nothing else is a disadvantage to me in the hiring process... hence I might not even land an ER role.
Another thing I'm worried about is that as a junior transfer at Nova, I would have to take all these prerequisites before I can take all these finance courses. Without finance courses under my belt as a junior, I feel like I'll be really behind everyone else when being scouted by recruiters.
Thoughts?

Jul 6, 2013

I can't really comment on where to go and which is the better option. It's a tough call. But I can offer my opinion on the whole "only major in finance being a problem" thing. I don't see that as a issue. After all, you are going into finance for your career. I think no matter where you decide, you should do alot of EC's and get some good leadership positions. That should cross out any possibilities of being seen as "bland." I was a double major, but didn't do nearly as many EC's as I should have. I wish I would have done more, because now it's biting me in the ass in terms of standing out.

FWIW, I think Nova is a great school and should offer alot of opportunities. If it were up to me, I'd go with Nova. But that's because I went to a non-target and now see the importance of going to a well-known school.

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Jul 6, 2013
dbid:

Unfortunately I was naive and did not bother thinking to apply to my state school, which is only 45min away from NYC...

I really don't want to be paying off debt for over 10yrs, Anyone think that being in equity research will yield $60-80k/yr?

What about the fact that at Nova I'll only be able to major in finance, which looks pretty bland on a resume?

Yes, that range is right. I would definitely say it's worth it. The lifetime PV of your future earnings would far exceed the incremental debt burden. Go for it man!

Jul 5, 2013

Thanks for the thoughts guys!
Can anyone comment on what they think about the lack of finance classes under my belt during my junior year? Is that detrimental in getting an internship?

Jul 6, 2013

There are countless people on the street w history degrees from penn and the like. Lack of finance classes isn't a big deal if you teach yourself everything

Jul 6, 2013

Nova is pretty solid IMO. Pretty familiar w the Philly scene

Jul 5, 2013
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