Emory full ride vs Wharton

[Anonymous]

Hedge fund PM here. I cannot believe this is even a question.

If your kid is interested in finance, Wharton unequivocally.

If I look at our analysts, over 50% of them are from Wharton. I don't recall every even interviewing someone from Emory.

For us, the only place that is a credible hiring alternative to Wharton for younger analysts is the finance-oriented subgroup at Harvard. Our historic experience that while the average technical skill level of Harvard undergrads is not the same of the kids we get from Wharton, our very best analysts have come from Harvard (in this set, better critical thinking skills, more imaginative when it comes to unstructured problems).

[Anonymous]

Anonymous wrote:Hedge fund PM here. I cannot believe this is even a question.

If your kid is interested in finance, Wharton unequivocally.

If I look at our analysts, over 50% of them are from Wharton. I don't recall every even interviewing someone from Emory.

For us, the only place that is a credible hiring alternative to Wharton for younger analysts is the finance-oriented subgroup at Harvard. Our historic experience that while the average technical skill level of Harvard undergrads is not the same of the kids we get from Wharton, our very best analysts have come from Harvard (in this set, better critical thinking skills, more imaginative when it comes to unstructured problems).

Aren't you hiring more SEAS grads than Wharton grads?

All the quant firms stalk the Penn engineering/physics/math kids and barely give Wharton kids the time of day.

How many analysts does your firm hire in total?

[Anonymous]

there seems to be some notion that many kids from engineering, comp science, physics and math are going into quant firms --- it is a small fraction of grads and most come from MIT

quant firms are trendy and profitable but wont continue to grow at recent pace,

Anonymous wrote:

Anonymous wrote:Hedge fund PM here. I cannot believe this is even a question.

If your kid is interested in finance, Wharton unequivocally.

If I look at our analysts, over 50% of them are from Wharton. I don't recall every even interviewing someone from Emory.

For us, the only place that is a credible hiring alternative to Wharton for younger analysts is the finance-oriented subgroup at Harvard. Our historic experience that while the average technical skill level of Harvard undergrads is not the same of the kids we get from Wharton, our very best analysts have come from Harvard (in this set, better critical thinking skills, more imaginative when it comes to unstructured problems).

Aren't you hiring more SEAS grads than Wharton grads?

All the quant firms stalk the Penn engineering/physics/math kids and barely give Wharton kids the time of day.

How many analysts does your firm hire in total?

[Anonymous]

Wharton. Or any T10/ivy. it’s a no brainer. The peers and overall experience are much better at a top tier.

[Anonymous]

Anonymous wrote:If the kid is into finance, he/she might make millions, and it's not like a full ride (280K ish of tuition) is going to be the make or break him in the long-term. But the students at Wharton will be better than the students at Emory, all else fixed.

So it's easier to rise to the top at Emory, kid will save $400K+, and kid can choose where they want to go, and not be stuck in IB/Wall Street because they need to pay off $400K in parental loans. They will have choices. Few last on Wall Street for long because it's stressful and long hours.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have a ton of friends that did Harvard or Wharton (I went to MIT). Here's my take:

Wharton = lots of debt so no matter what you need to be making tons of money. Money = someone owns your soul until you payoff the debt.

Emory = freedom of choice with less debt.

You can see where I would lean.

I also have several friends that went to Wharton and guess what? 2 out of 10 had debt….If you can afford Wharton for your kid then it is the no brainer option. Don’t let these DCUM strivers tell you otherwise…

Because majority of kids at Wharton come from wealthy families

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:DS is trying to decide. Wants to go into finance. Emory is free, Wharton is full pay. Is Wharton really worth that?

It actually is worth it if the goal is Wall Street. For that ambition, the $400,000 price tag is a worthwhile investment. For any other purpose, take the full ride to Emory.

It's not, Emory has more than good IB/ wallstreet placement.

And as easily one of the Top students, they will be able to rise to the top at Emory, much easier when you are at the top (not that Emory kids are not all really good, but getting a full ride means you defianately at the top)

[Anonymous]

Anonymous wrote:there seems to be some notion that many kids from engineering, comp science, physics and math are going into quant firms --- it is a small fraction of grads and most come from MIT

quant firms are trendy and profitable but wont continue to grow at recent pace,

Anonymous wrote:

Anonymous wrote:Hedge fund PM here. I cannot believe this is even a question.

If your kid is interested in finance, Wharton unequivocally.

If I look at our analysts, over 50% of them are from Wharton. I don't recall every even interviewing someone from Emory.

For us, the only place that is a credible hiring alternative to Wharton for younger analysts is the finance-oriented subgroup at Harvard. Our historic experience that while the average technical skill level of Harvard undergrads is not the same of the kids we get from Wharton, our very best analysts have come from Harvard (in this set, better critical thinking skills, more imaginative when it comes to unstructured problems).

Aren't you hiring more SEAS grads than Wharton grads?

All the quant firms stalk the Penn engineering/physics/math kids and barely give Wharton kids the time of day.

How many analysts does your firm hire in total?

Is Citadel a quant firm? They are definitely more interested in the math/engineering/physics kids vs. the average Wharton kid.

[Anonymous]

citadel is a multi strategy firm and quant is a big strategy there and yes the quant shops love technical majors......

but you cant do quant venture capital, private equity, investment banking, consulting......harvard, wharton and other Ivys excels in placement there......and there is a lot more hiring for these students than the few hundred getting quant positions.......

Anonymous wrote:

Anonymous wrote:there seems to be some notion that many kids from engineering, comp science, physics and math are going into quant firms --- it is a small fraction of grads and most come from MIT

quant firms are trendy and profitable but wont continue to grow at recent pace,

Anonymous wrote:

Anonymous wrote:Hedge fund PM here. I cannot believe this is even a question.

If your kid is interested in finance, Wharton unequivocally.

If I look at our analysts, over 50% of them are from Wharton. I don't recall every even interviewing someone from Emory.

For us, the only place that is a credible hiring alternative to Wharton for younger analysts is the finance-oriented subgroup at Harvard. Our historic experience that while the average technical skill level of Harvard undergrads is not the same of the kids we get from Wharton, our very best analysts have come from Harvard (in this set, better critical thinking skills, more imaginative when it comes to unstructured problems).

Aren't you hiring more SEAS grads than Wharton grads?

All the quant firms stalk the Penn engineering/physics/math kids and barely give Wharton kids the time of day.

How many analysts does your firm hire in total?

Is Citadel a quant firm? They are definitely more interested in the math/engineering/physics kids vs. the average Wharton kid.

[Anonymous]

100% Emory. Our kid was the recipient of one of those coveted Emory full scholarships. Kid got into every school they applied, including Wharton. Money was not a barrier to choice and kid chose Emory (i didnt agree at first, but in the end they made the right choice). Hard to list all the benefits, but kid was a rockstar at Emory, started/led business clubs, was asked to TA for nearly every bschool class they took. Got awesome investment banking summer internship from top firm, full time offer, now doing crazy finance stuff and so successful and has an open door to so many jobs. Best of all, college was super fun and not stressful at all. To be clear, kid is super smart and a driven, hard worker and the kind of kid who always rises to the top. In contrast, my youngest was just accepted to wharton and I think it's a harder place to shine. Just sharing our experience. Your kid should visit to get a sense of vibe, school culture, talk with current students, admin, etc. Congrats on having amazing choices!!!

[Anonymous]

Emory and then Wharton MBA

[Anonymous]

Anonymous wrote:

Anonymous wrote:If the kid is into finance, he/she might make millions, and it's not like a full ride (280K ish of tuition) is going to be the make or break him in the long-term. But the students at Wharton will be better than the students at Emory, all else fixed.

So it's easier to rise to the top at Emory, kid will save $400K+, and kid can choose where they want to go, and not be stuck in IB/Wall Street because they need to pay off $400K in parental loans. They will have choices. Few last on Wall Street for long because it's stressful and long hours.

Most young people can last a few years on Wall Street, and a good few years of bonuses will pay off the 400K....

[Anonymous]

Anonymous wrote:

Anonymous wrote:Emory has strong banking and PE placement…I would take this if 100% free. There are tons of sons/daughters of Wall Street/finance folks that attended top NYC private schools and Emory has a large NYC alumni network.

I don’t think anyone suggesting Wharton ever actually attended. There aren’t special jobs reserved only for Wharton grads.

Wharton MBA who now works on Wall Street. There are plenty of places on Wall Street that recruit at Wharton undergrad that do not recruit at Emory. That is not up for dispute. But there are plenty of Emory people on Wall Street so it is not like it is impossible to get a finance job from there.

I'm the one who posted above about there being a lot of not great people in Wharton undergrad and the importance of a visit. So I am far from pushing for Wharton. But to say that your odds of getting a job on Wall Street out of Emory are the same as out of Wharton is not accurate. But that should not be the sole factor in a decision, because it is not 100% odds vs. 0% odds. The world is not black and white, particularly not in this specific scenario.

No one said the chances are the same for the avg students at these schools. However, OP wouldn't be the avg student at Emory. Acting like Emory isn't a target in its own right is just lying.

[Anonymous]

Anonymous wrote:citadel is a multi strategy firm and quant is a big strategy there and yes the quant shops love technical majors......

but you cant do quant venture capital, private equity, investment banking, consulting......harvard, wharton and other Ivys excels in placement there......and there is a lot more hiring for these students than the few hundred getting quant positions.......

Anonymous wrote:

Anonymous wrote:there seems to be some notion that many kids from engineering, comp science, physics and math are going into quant firms --- it is a small fraction of grads and most come from MIT

quant firms are trendy and profitable but wont continue to grow at recent pace,

Anonymous wrote:

Anonymous wrote:Hedge fund PM here. I cannot believe this is even a question.

If your kid is interested in finance, Wharton unequivocally.

If I look at our analysts, over 50% of them are from Wharton. I don't recall every even interviewing someone from Emory.

For us, the only place that is a credible hiring alternative to Wharton for younger analysts is the finance-oriented subgroup at Harvard. Our historic experience that while the average technical skill level of Harvard undergrads is not the same of the kids we get from Wharton, our very best analysts have come from Harvard (in this set, better critical thinking skills, more imaginative when it comes to unstructured problems).

Aren't you hiring more SEAS grads than Wharton grads?

All the quant firms stalk the Penn engineering/physics/math kids and barely give Wharton kids the time of day.

How many analysts does your firm hire in total?

Is Citadel a quant firm? They are definitely more interested in the math/engineering/physics kids vs. the average Wharton kid.

Just did a linkedin search of Citadel, over 100 Emory grads and most only had a BBA.

[Anonymous]

OP: At this time,your kid is interested in finance. This focus may change in which case college for free might be the wiser choice.