colleges outside top 25 (and not a nescac) that place well in finance..
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Anonymous
My nephew works for Jane Street - he was a physics major at Michigan (‘21 grad) and said students in his major were recruited more heavily than the business majors. |
Anonymous
https://collegescorecard.ed.gov/ Then why didn't you provide the numbers? The point of the thread was to compare opportunities at #25 UVA McIntire with opportunities at slightly higher ranked schools without business. Here are US News ranks and College Scorecard salaries: #11 Northwestern All: $80,033 Economics $85,909 Managerial Economics: NA #12 Dartmouth All: $91,627 Economics $98,252 #13 Brown All: $78,943 Economics: $78,949 Entrepreneurship: $91,029 #18 Columbia All: $89,871 Economics: $87,202 #25 UVA All: $77,048 Economics: $71,811 Business (McIntire) $95,939 At most schools, Economics majors make about the same or slightly more than the average graduate. But UVA requires admission to McIntire, so their economics students are below average, and their business students are above average. Unfortunately, Northwestern does not provide salaries for their Managerial Economics track. But Brown Entrepreneurship and Small Business majors make distinctly more than Economics majors. Again, there is a selection effect. Harvard Economics majors make $100K. But if your unqualified kid somehow snuck into Harvard, then he would probably make less. There are also geographic effects. Many Northwestern students take jobs in the midwest, where salaries and cost of living are lower. Columbia students take jobs in NYC, where salaries and cost of living are higher. For the sake of discussion, I'll assume that financial aid packages equalize the cost of college, and assume no geographical preference. Given the noise, I don't see a lot of difference in these numbers. Yale Economics graduates make "only" $91K compared to McIntire's $96K. Does that mean your kid should turn down Yale? I don't think so! Again, I think the opportunities outside business are important. If you might go to graduate school, then your undergrad major is less important. Obviously geography makes a difference, living in NYC vs. Charlottesville. Finally, cost could be a major consideration. These factors overwhelm the minor differences in starting salaries. |
Anonymous
Northwestern and Brown overall are on par with schools like Northeastern and below Boston College. Also, NYU Business: $93.6K Notre Dame Finance: $96K Berkeley Business: $95k Boston College Finance: $94.6k Berkeley Business: $95k UVA Business: $96K Georgetown Finance: $107K Thank you for reiterating and confirming all the facts and points I have made. Whoever's keep saying bullshit, Stop 
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Anonymous
Jewish like sbf? |
Anonymous
I know way too many Indian guys at top tier shops in ny who don’t fit any of these qualifiers Firms will take total dorks from IIT/IIM , Wharton, MIT, Columbia, Princeton orfe etc |
Anonymous
You are sophomoric and sloppy. For example, I edited your post because you listed Berkeley twice. Let me review your conceptual error regarding business placement. https://www.businessinsider.com/best-college-major-for-wall-street-2016-8 Roughly 50% of Wall Street jobs went to business majors, and 20% to economics majors. You think that means business is the best path to Wall Street. But you overlooked that fact that there are over 10 times as many business majors as economics majors. For example, suppose there are 100 jobs available, there are 500 economics graduates, and 5,000 business graduates. Business graduates get 50 jobs on Wall Street; that is 1% of business graduates. Economics graduates get 20 jobs; that is 4% of economics graduates. So, economics graduates have 4 times the chance of landing on Wall Street. Physics and applied math graduates are greatly overrepresented too. Think about how selection bias affects those numbers. NYU, Columbia (NYC), Berkeley (Silicon Valley), Northeastern, Boston College (Boston), and Georgetown (DC northeast corridor) are in expensive areas. Northwestern and Notre Dame have impressive numbers considering their placements in the midwest. I know Georgetown has good placement. Virginia probably places students near D.C. or northeast. I'm not sure about Brown, although my Maryland friend transferred there and I knew an economics professor. I suspect many Brown students go on for masters degrees in forestry or divinity, or take low-paying jobs at liberal nonprofits. That drags down the avererage salary. If anything, it would help you stand out at Brown. That is important. The average salary is based on the average student. Some colleges and majors are more selective, or attract business-oriented students. But that does not mean you will get a higher salary by going there. Finally, comparing Northwestern to Northeastern is ludicrous. Northwestern has dozens of Nobel laureates. https://en.wikipedia.org/wiki/List_of_Nobel_laureates_by_university_affiliation |
Anonymous
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It turns out Northeastern has been gaming the ratings.
https://www.bostonmagazine.com/news/2014/08/26/how-northeastern-gamed-the-college-rankings/ I don't think I have ever met a professor or Wall Street colleague from there. I don't recall any research accolades for their business school, math, or science. There might be a few good, sincere scholars. But they are not an intellectual powerhouse like the Top 25. |
Anonymous
What the market thinks and what they actually willing to pay is the most accurate assessment. Northeastern $80K Northwestern $80K Brown $79K You can't game this. https://collegescorecard.ed.gov/ |
Anonymous
We are not talking about some subjective college rankings. We are talking about real numbers you can't game. |
Anonymous
WTF is wrong with you? I asked you multiple times for the number of econ grad and number of business grads for T25 schools. You just keep repeating the same bullshit without a single reference or resource when I took my time to give you sources and actual numbers. You brought in schools like Northwestern and Brown and claim its econ is better. I showed you actual numbers that clearly business majors are better, and now you are whining about cost of living LOL. Novel pierce has nothing to do with undergrad outcome. Northeastern's major metrics are on par with Northwestern such as the outcome at $80K, retention rate, student quality based on test scores. |
Anonymous
This is probably the case for finance jobs that hire "smart" people (math- or algo-focused prop shops, hedge funds, etc.). It's not really the case for most finance jobs, though. In general, if you're at a school with a business school (or "business" majors of some sort) it's best to do that. |
Anonymous
While i dont diagree with what you are saying , the way you are saying it is really rude and off putting. I hope you don't mentor students. |
Anonymous
Not for quant jock positions, but for a beginning analyst, yes. |
Anonymous
| Students who are superstars in related fields are the ones who place well, it has little to do with the colleges. Cambridge, MIT, Harvard, etc. have more people at Jane Street than anyone else because they have more graduates who are ridiculously smart and ambitious and care about making boatloads of money than other colleges. Those kids were already that way in high school, which is why they were admitted. If they had all chosen to go to Penn State instead, then Penn State would be number one at Jane Street. |
Anonymous
The irony here is that “front office” in Utah is the dream, whether it’s at GS, in VC or in tech. An old colleague transferred there. He has a 30 minute commute from his beautiful home in Park City, skis 30 days a year, joined a nice golf club, 4-5 hour drive to all of Utah’s national parks or Yellowstone/Tetons, commute to airport is only 30 minutes from where he lives in park city. |