|
"Do Michigan and Stern grads have the same job opportunities as Wharton grads?"
Having had conversations with friends at both of these there is definitely a marked difference in the job opportunites coming out of the 3 schools.
At Wharton, for example, over 50% of the class goes into ibanking (even kids with like 2.8 GPAs land these jobs - maybe not a BB but shops like Barclays, Jefferies, HLHZ, etc.), then usually the top 20-30 people in the class end up going straight into PE/VC/HF (places like Blackstone, Bain Capital, Kayne Anderson, Pegasus usually take at minimum 2-3 and up to 5-6 per year), then another good % of the class goes into consulting, then you have the rest that either go into top marketing jobs (P&G, Macy's, Bloomingdales, Y&R, etc.), the a small amount will take finance roles or join "finance leadership/rotation programs" at places like GE, Microsoft, Google, etc., Very rarely to people go to Big 4 accouting firms - the ones that do join Transaction Advisory/M&A.
Ross tends to send a lower % of its grads into banking (more back-office than front) and consulting in general. PE/VC/HF straight out is unheard of. More tend to take finance roles at big firms (auto industry, GE, General Mills, Johnson & Johnson, Microsoft, etc.), marketing roles, or big 4 in all areas including audit and tax.
NYU sends a decent % into banking due to its proximity to Wall St. but it's #s are not comparable to Wharton, who sends the most people into ibanking as compared with any other undergraduate school in the country (heard this at a speech by Goldman CEO). They also send a good amount to consulting again not at the level of Wharton. NYU grads tend to go into a lot of financial service jobs or join large firms based in NYC.
|