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<p>Careful what you read here because people will consistently put forth unsubstantiated statements like this one.</p>
<p>You can look at data here:</p>
<p>[Cornell</a> Post Graduate Survey Results](<a href=“Career Services | Student & Campus Life | Cornell University”>Career Services | Student & Campus Life | Cornell University)
[University</a> Career Services, Northwestern University](<a href=“http://www.northwestern.edu/careers/surveyoutcomes/salary.html#1]University”>http://www.northwestern.edu/careers/surveyoutcomes/salary.html#1)</p>
<p>Base Salary Range by Function in 2005 (last year data is available for both schools)</p>
<p>Business Services/General Business
NU Average: $37,940
Cornell Average: $38,338</p>
<p>Finance/Financial Services
NU Average: $58,758
Cornell Average: $50,575</p>
<p>% of Graduates accepting offers, by field</p>
<p>Financial Services
NU: 31%
Cornell: 16.6%</p>
<p>Major Employers (*denotes Board of Trustee employer)</p>
<p>NU: JP Morgan Chase*, Merrill Lynch, Lehman Brothers, Goldman Sachs, Morgan Stanley
Cornell: JP Morgan Chase, Goldman Sachs</p>
<p>But this is all beside the point. </p>
<p>Both schools are going to have roughly equivalent placement for investment banking (though Cornell recruiting might be more heavily weighted towards New York City, and Northwestern towards Chicago), there’s not going to be any advantage to be gained from picking one school over the other. Bigger part is which campus you fit into better - try visiting both if you can. I’ve only attended Northwestern but I’ve heard Cornell is an overall similar environment, biggest difference is probably the rural vs. (sub)urban setting.</p>