Xavier university vs DePaul or Fordham

which university is better? Xavier U (williams).. or DePaul or Fordham for finance major? Im looking at trading or perhaps even opening up my own advising firm oneday.

18 Comments
 

either depaul or fordham. neither is going to open you doors, your going to have to work hard yourself. both have good alumni bases and both are in world class cities. i would probably take depaul if you want to do trading, being that depaul is in the prop trading center of the world.

 

It depends on what you want to do. NYC has so many finance opportunities. Fordham will open doors for you if you network hard, and early. I go to FU and plenty of kids got WS jobs coming out of the school, in both trading and banking. I don't know too much about the other schools so I cannot comment, but Fordham is definitely worth considering. Plus the school is beautiful, and you really cannot beat going to school in America's largest college town (and greatest city).

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Best Response

I can't comment on Fordham or Xavier, but I am a DePaul Finance alumnus.

Pros: -Chicago is a great city -prop trading capital -business school is located in the heart of the business district (the Loop) -deep alumni base in Chicago, from both their UG program and MBA program (lots of people in Chicago doing the part time MBA program) -very good reputation with Chicago business community -strong accounting, finance and entrepreneurial programs -small classes (40 students)

Cons: -DePaul is not well recognized outside of Chicago -on campus recruiting needs improvement (strong presence among the Big 4, but little presence among investment banks) -lots of competition from Northwestern, UMich and UChicago students

 

Fail miserably compared to DePaul? UIC and IIT are both well-established research institutions. My first mentor on Wall Street did his undergrad at IIT; UIC is part of the Illinois system and there's a lot of very good research going on in Chemistry, Biology, and Engineering there. DePaul does not have a research program and is really one of the lesser known Chicago colleges. They do have a good basketball team sometimes. It is a perfectly fine school, but IIT has a much better national reputation, certainly in engineering circles and the research community, also on wall street. I would argue that UIC, by extension of the Illinois system, also has a good reputation. Finally, of course, UIC charges in-state tuition and IIT's tuition is pretty darned reasonable.

Maybe I have been outside of Chicago for too long, but IIRC, DePaul's reputation as a strong Catholic school stopped once you hit the Marquette crowd in Wisconsin and the Notre Dame crowd in Indiana. Even then, UIC and IIT folks were considered smart. Regardless, DePaul will get you an interview with 90% of the Chicago prop shops and 97% of the shops you could get with IIT or UIC on your resume.

 
IlliniProgrammerFail miserably compared to DePaul? UIC and IIT are both well-established research institutions. My first mentor on Wall Street did his undergrad at IIT; UIC is part of the Illinois system and there's a lot of very good research going on in Chemistry, Biology, and Engineering there. DePaul does not have a research program and is really one of the lesser known Chicago colleges. They do have a good basketball team sometimes. It is a perfectly fine school, but IIT has a much better national reputation, certainly in engineering circles and the research community, also on wall street. I would argue that UIC, by extension of the Illinois system, also has a good reputation. Finally, of course, UIC charges in-state tuition and IIT's tuition is pretty darned reasonable.

Maybe I have been outside of Chicago for too long, but IIRC, DePaul's reputation as a strong Catholic school stopped once you hit the Marquette crowd in Wisconsin and the Notre Dame crowd in Indiana. Even then, UIC and IIT folks were considered smart. Regardless, DePaul will get you an interview with 90% of the Chicago prop shops and 97% of the shops you could get with IIT or UIC on your resume.

Let me preface this first by saying I mean no disrespect....

I happen to be in the position to see a lot of people in the Chicago finance community (investment bankers, commercial bankers and asset managers to be specific). I rarely see anyone from UIC or IIT....rarely. DePaul alum are much more prevalent in these three areas in finance. That it is not to say there are a lot of DePaul alum compared to Northwestern, UChicago, Notre Dame and UMich. But DePaul is really starting to build a solid reputation in the Chicago community.

 

I grew up in Cincinnati and now live in Chicago so I can at least comment on Xavier and Depaul. Xavier is a good school in Cincinnati but ranks behind Miami U, Ohio State, and possibly U. of Cincinnati when it comes to local recruiting. Depaul pales in comparision to some of the aforementioned Chicago schools.

Cincinnati has a large number of F500 corporations, but very few banking, asset management, "high finance" jobs. Chicago on the other hand has just about everything..

Xavier is on a college campus located in a semi-bad part of town. DePaul is located right in the middle of the city in a good part of the city.

To summarize, both schools are of similar calibur IMO but if you want high finance, go to Chicago and go to Depaul

"I don't know how to explain to you that you should care about other people."
 

Are you kidding me? UIC or IIT over DePaul. Let's get serious here. DePaul is known in every corner of the country and beyond. I lived in Chicago for 15 years and it was not until I moved to Chicago before I had even heard of UIC or IIT. DePaul is a national school. It is a Big East Conference school. In my opinion, DePaul is far better academically than the other two schools except for perhaps technical subjects such as engineering or architecture. DePaul is in league with a Boston College or a Georgetown not two city schools like UIC or IIT. Get real! I have never met a single person who moved from out of town (let alone out of state) to attend either UIC or IIT. DePaul is obviously sought after nationwide (and beyond) as it is the largest Catholic university in the nation.

 

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