gxing

Wharton grads definitely have more/better opportunities than Stern grads. It's more selective for a reason. We had one kid go to wharton this year, but about 20 for stern.

collegebound_07

Ross School of Business is tops!

hallerbigballer

Depends where you are, like mel brooks said "Location, location, location."

If you are in NYC trying for an IBank at a buldge bracket firm, then only MAYBE, but if the wharton kid has a 3.2 and the stern kid has a 3.8 they will want the stern kid.

If you are trying for anything else, outside of NYC, people will always show more loyalty to their home state or surrounding states schools over a harvard or wharton kid.

Calcruzer

Like the person said--it depends upon location, location, location.

Some like NYC--so Stern (NYU) or Fordham or Columbia
Some like Philadelphia--so Wharton (Penn) or Villanova
Some like the Bay Area--so Haas(UC Berkeley) or Stanford
Some like Boston--Harvard, MIT, Brandeis, Boston College, Boston University, Bentley, Vassar, and others
Some like LA--USC (Marshall) and UCLA (Anderson--yes I know its only for grad school)
Some like the Midwest--Michigan (Ross), Indiana (Kelley), Ohio State (Fisher), Minnesota (Carleton), Wisconsin, Illinois, Notre Dame
Some like Miami--Miami (Fla)
Some like Atlanta--Emory
Some like Washington, DC and Virginia area--Georgetown and Univ of Virginia
Some like Seattle--Univ of Washington
Some like Texas--Univ of Texas at Austin or Univ of Texas at Dallas or Rice
Some like the Rockies--Univ of Colorado (Boulder), Brigham Young
Some like the Carolinas--North Carolina, Duke, Wake Forest, NC State

Anyhow, you get the idea

bern700

"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.

hallerbigballer

% are much lower only due to location. LIKE I SAID. Ross has the edge in Chicago, Wharton in NYC and Philly. They have equal chance of landing the same jobs.

bern700

its not only due to location hallerbigballer...in NYC Wharton definitely has an edge while Michigan has it in Chicago due to regional effect. However, if you compare # of Wharton vs. # of Michigan/NYU in other banking markets like SF, LA, Houston, London, Boston Wharton still dominates Stern and Ross.

Essentially Wharton is dominant in NYC but usually comes in right after the regional schools in other cities like LA, Boston, Chicago, SF, London, etc. In LA, for example, the only shops that really matter are UBS and CS (the other BB have pretty crappy LA ops)...at these shops Wharton tends to be a close second after UCLA/Stanford. Ross and Stern have no presence here at all. Same in the Palo Alto/SF offices...Stanford/Haas usually have big presence, Wharton has a decent presence, while Stern and Ross have no presence whatsoever.

So yes regional biases matter but Wharton, as compared with Stern and Ross, is able to overcome that bias and place a good amount of kids in each office and is actually competitive against the regional schools for regional spots...a threat that few non-region schools make.

and if location was the only factor then one would assume that NYU should have the largest share of the NY market which it doesnt even come close to having...Wharton,HYP all place more people than NYU.

baloogafish

Its really tough to say what's the best UG after Wharton, because Wharton is so strong in many areas. If you're looking for something in accouting, you might like UT Austin, Illiniois, etc.. Finance? Well, Stern is pretty good too. Management? Look at UM Ann ArborWant to live in the West Coast? UC Berkeley and USC are incredible schools, and USC's alumni reaches just about everywhere and is really tough to beat. I'm also surprised that nobody here really mentions MIT (Sloan) or UVA McIntire, as those are better than NYU Stern.

The best UG B Schools after Wharton are as follows:
1)Wharton (BY a HUGE margin)
2)Sloan
3)Haas

For what its worth, Stern is ridiculously overrated. What I mean is that NYU boasts one of the highest application rates (into the University, and into Stern), costs too much, and, frankly, is not that good, outside of Finance and its location in New York City. The only respectable T5 Program there that I see is Finance. People on this board really, really overrate Stern's program, most likely because of the numbers that some of their finance guys make straight out of college, but, from what I've heard and from what I know, Stern definetely is NOT better than those three, UM Ann Arbor, etc.

Trust me on this. Stern is not that good, costs too much, has a terrible student-student everyday interaction. Sure, they do have a really good finance program, but its not loads better than MIT's, UMichigan's, Berkeley's, McIntire, or even Austin's. The only perk that I see about Stern is that its in New York, and that is a GREAT perk, if you're looking to work there during college, and after you graduate. New York, after all, is the financial capital of the world. However, if Stern was located in, say, Virginia, I'd take UVA all day long over Stern.

You should really get her to fall in love with Stanford. Everyone that I've met there is absolutely amazing. Its a great place to be, and you can do just about anything after you graduate. Plus, you can't beat California weather

collegebound_07

Ross and Haas are tied for 3rd.

jnpn

Ross definitely sends less (~30% vs ~50%). However, it is almost entirely front office, as with Wharton.

They are pretty much equal in terms of what percent go in to consulting. I think its a difference of about 1%.

9.7%, 10.5%, 7.2%, respectively. I'd consider this group the minority.


I think we can all agree Wharton has a significant leg up. I'm just trying to paint a clearer picture of Ross.

redhare317

Wharton is definitely better for consulting. Consulting is a general term. Anyone can be a consultant, anywhere. I can start a "consulting" business right now, and I would be part of that percentage, regardless of what I REALLY do. (I'll even call myself a business advisor/strategist.) Comparing those stats are meaningless unless you know what firm/position they got. Wharton probably sends more kids to M/B/B than any other school except Harvard. Ross is good, but it's no Wharton.

chaotic

HYP students get great recruitment opps.. sometimes even better than Whartonites do.

jnpn

I didn't mean that they were equal in terms of quality of placement in consulting jobs. Ross only sends about 5 to McKinsie and Wharton sends like 20.

ibdad

Ross is only half the size of Wharton (350 vs 600-700+) and Stern is even bigger (1000+, I guess). So,Wharton has more graduate to "go around" .

zangetsu

you guys should just stop arguing over stern, ross, haas, sloan etc etc because ultiamtely, these schoosl are excellent in what they do, and it depends on your personal fit and interest. and mtrizzle06, you should definitely stop looking down on stern....if any of you guys are intereseted in reputation in Asia , then Stern is definitely up there with HYPS and Haas.