Welcome to College Confidential!

The leading college-bound community on the web

Sign Up For Free

Join for FREE, and start talking with other members, weighing in on community discussions, and more.

Also, by registering and logging in you'll see fewer ads and pesky welcome messages (like this one!)

As a CC member, you can:

  • Reply to threads, and start your own.
  • Post reviews of your campus visits.
  • Find hundreds of pages of informative articles.
  • Search from over 3 million scholarships.

University of Toronto VS. McGill (Exit Oppurtunity)

MaxmilianMaxmilian Registered User Posts: 5 New Member
edited May 2010 in Canada
I like Montreal and Toronto. I would attend McGill if I could land a decent job while attending school. Due to the language barrier, I feel Toronto would provide a better part-time job as well as Exit Oppurtunity. I would like to work in the Financial Sector. I am planning on transfering from UBC to either one of the institutions. I have 50 plus friends at McGill, and two at U of T St.George, but I want people to convince me to attend U of T haha.

1. Which school can provide a good work/school lifestyle.
2. Which school gives out a higher GPA for Social Sciences (Economics/Politcal Science)
3. Exit Oppurtunity (Graduation), to work in NYC

Thanks for answering my enquires, I appreciate it.
Post edited by Maxmilian on

Replies to: University of Toronto VS. McGill (Exit Oppurtunity)

  • ElectronicaElectronica Registered User Posts: 160 Junior Member
    You're not gonna end up working on Wall Street coming out of McGill or Toronto.
  • sprevitesprevite Registered User Posts: 325 Member
    @electronica, both are very good schools, why is working on Wall Street not possible coming from either?
  • tomofbostontomofboston Registered User Posts: 2,373 Senior Member
    Some McGill grads work at Goldman Sachs: Al Hedayat, McGill BCom
    Goldman Sachs Proprietary Trader Hedayat Said to Leave Firm - BusinessWeek

    This thread is populated mostly by Canadians who feel American universities are always better than their own universities. They tend to come from families that can afford to pay the high American tuition rates.
  • ElectronicaElectronica Registered User Posts: 160 Junior Member
    Yes, they are good schools.

    The lack of recruiting opportunities at the aforementioned schools compared to elite American colleges makes it very difficult for one to land a job coveted by HYP and Wharton students.
  • mundecidedmundecided Registered User Posts: 5 New Member
    How do you post a new thread??
  • ElectronicaElectronica Registered User Posts: 160 Junior Member

    I don't think American universities are always superior to Canadian ones. McGill and Toronto are fine institutions. However, it would be delusional to think that they are on the level of the elite American universities. They're more similar to Michigan than Princeton.

    Why are people always bringing up high American tuition rates and the supposed wealth of Canadians who apply to American colleges? You are ignoring the fact that top schools in the U.S. cost very little to working class families thanks to need-based financial aid.
  • tomofbostontomofboston Registered User Posts: 2,373 Senior Member
    Canadians are not eligible for need based financial aid in the US.

    Also, unless a needy working class student in the US has outstanding grades/test scores, most of the need based aid is in the form of loans, not grants. Your last sentence tells me you are not American and are unfamiliar with US financial aid programs.

    Or do you limit your definition of "top" schools to HYP?
  • ElectronicaElectronica Registered User Posts: 160 Junior Member
    I'm not speaking of federal aid, of course Canadians don't qualify for that. Canadians do, however, qualify for institutional aid at many of the top American schools.. I know this for a fact, I know a current Princeton freshman from Canada who is paying chump change ($2K a year?) to attend.

    Stop getting all upset because a McGill or Toronto degree doesn't offer the same opportunities as one from HYP (or any strong target school). I was merely trying to be candid with the OP.

    "I would caution that the vast majority of McGill Bcom grads do not get offers from bulge bracket investment banks, including those with stellar GPA's. It's not Wharton. Again, I'm not being negative, it's just that some 17 year old kids see these threads and think that if they go to McGill they have a ticket to work at Goldman Sachs. "


    Evidence of need-based aid for Canadians
  • darks0ulzdarks0ulz Registered User Posts: 415 Member
    You're basing your definition of "top" US schools to just HYP + affiliated (your Princeton example). Find me a Canadian paying "chump change" at like Haas School of Business. Many top ranked BusinessWeek undergrad schools don't even offer need-blind aid to internationals. (List at Top Undergraduate Business Programs 2010 - BusinessWeek).

    Only a handful of them will offer need-blind aid to Canadians. Need blind is not need based. Penn doesn't offer need-based aid. They offer need-blind; there's a difference. Many top business programs don't offer need-blind aid and will cost an arm and a leg to get an undergrad degree there if you're not American.

    @OP. Both are good schools. Hell. I know Western Ivey graduates that got placed at Goldman Sachs and Merrill Lynch and many on this board would consider those spots only for HYP + Wharton students. Coming out of UT or McGill will not grant you the same placement options/opportunities as coming out of HYP, but it's not impossible.

    Not to be callous or anything, but if you want to improve your language...spell opportunity right. BTW, McGill is an English institution and pretty much everyone around the city knows English.
  • ElectronicaElectronica Registered User Posts: 160 Junior Member
    There is no such thing as "need-blind aid".

    Need-blind simply means they admit without knowledge of your financial need.

    Need-based aid is when they give you funds based on your financial need (as opposed to merit aid).

    You're confused about these terms. Penn is a need-blind institution (for Americans, Canadians, and Mexicans) that gives need-based aid to students from the U.S., Mexico, Canada, and limited aid to students from other countries.

    Where do you people get your information from?

    Who cares if Haas is stingier than Princeton? I said top schools, that's a highly subjective term. By top I meant the first 10 or so names you would think of when listing the elites.
  • Mustafah78Mustafah78 Registered User Posts: 479 Member
    1. I don't think the school has much to do with it. Both Montreal and Toronto offer a myriad of job opportunities, obviously, but the best way to balance school and work would be to get an on-campus job, since the schedules tend to be more flexible. U of T might have more on-campus job opportunities because of its sheer size, but either way, "a good work/school lifestyle" is yours to determine wherever you go.

    2. Can't help you there.

    3. If you really want a job at an i-bank or trading firm straight out of college, major in economics and applied math/statistics at either school and get a high GPA. A high GPA in econ + applied math or statistics would open up more opportunities to you than a high GPA in a BCom program because it would more intensely hone your analytical skills. But don't expect to get a job on Wall Street -- it's no secret that the big banks have a penchant for HYPMS+Wharton grads, and things are hard enough for them. You might plan to work a couple of years after college in a lower-level finance job and then apply to B-school.
  • darks0ulzdarks0ulz Registered User Posts: 415 Member
    Sorry. 6 hours of continuous studying makes me a bit hazy.

    Regardless, the average person has never heard of Haas, Stern or Ross but all can be considered elite business schools...

    A top school isn't defined what people can list off the top of their head. It may define prestige but doesn't limit it to it being the only top school
  • MaxmilianMaxmilian Registered User Posts: 5 New Member
    Thanks for the replies!

    It seems the idea of working in NYC was misleading. I am interested in Finance, but I know alternative ways/connections to work for Wall Street firms. I guess question No.3 was, does an Average Joe Six Pack recognize either of the institutions in NYC.

    The Top 10 American Schools are not comparable to the Canadian institutions, no doubt about that! The Top 10 US schools are Top 10 in the world. Also my friend from UBC got a internship with a top 3 i-bank, and this other MIT student got rejected.

    I would like to work Part-time as a student, but I feel Toronto may have more oppurtunites over Montreal.

    McGill Commerce students seem like Corporate Lackie type of bunch, some wearing Wharton sweaters to school.
  • Mustafah78Mustafah78 Registered User Posts: 479 Member
    McGill Commerce students seem like Corporate Lackie type of bunch, some wearing Wharton sweaters to school.

    I have several friends in undergraduate business programs in Canada -- a couple at Ivey, one at Queen's Commerce, one at Schulich, one at McGill -- and from what I hear, that sort of pretentious ambition is to be expected. After all, you are, in effect, training to become a corporate lackey.

    In any case, it looks like you've already made up your mind on U of T.
This discussion has been closed.