Dartmouth is definitely more well-known in Wall Street. It's in the top 5 for how many students and alums work there per capita alongside HYP and Penn/Wharton. UChicago has a presence, no doubt, but Dartmouth has a huge alumni base there. Getting a job in Wall Street is all about connections.

Anonymous wrote:

Anonymous wrote:WS? Ugh

It’s one thing when people go to WS because they can’t think of anything better to do but it’s kind of gross to see teens planning for it and parents encouraging it.

And this is coming from someone whose H worked on WS for a long time btw. It’s not a nice or pleasant industry.

So are you saying your husband lacks imagination since he worked there for so long in your words?

wellll kind of yeah. lol. Is that bad to say? He graduated back in the recession of 01 and got the job through a buddy of his. So he basically fell into the work, hated it at first because of the boring grunt work and the long hours but eventually worked his way up to something more interesting, then later the money became too good to give up. He finally jumped ship when he was ready to start his own fund.

With all the more interesting possibilities out there, I feel like it's not the kind of thing a starry eyed 18 year old should be *planning* to do with his life already with the encouragement of his parents.

Anonymous wrote:PP here, I know someone is going to attack me for saying Dartmouth is more prestigious than U Chicago, but IN WALL STREET CIRCLES, this is absolutely true.

More prestigious? Depends on how you define it. Dartmouth is not known for its academic prowess but its connections. UChicago is recognized as an academic powerhouse in multiple fields, including economics. They have a long list of Nobel laureates to show for it. Prestigious is relevant.

Anonymous wrote:

Anonymous wrote:PP here, I know someone is going to attack me for saying Dartmouth is more prestigious than U Chicago, but IN WALL STREET CIRCLES, this is absolutely true.

Yes agreed. As an overall university UChicago is more prestigious but on Wall Street Dartmouth has a longer tradition and is more prestigious.

eh it depends on what you do. Something more traditional that relies on relationships like investment banking? Dartmouth for sure. Something more quantitative? U Chicago.

I don't think you can go wrong with either really.

Is that some what because due to the long tradition and legacy Dartmouth students, kids are also legacy Wall Street or otherwise connected outside of the school? I see this at our private school. Many of the graduates appear to go into their parents' firms.

Anonymous wrote:PP here, I know someone is going to attack me for saying Dartmouth is more prestigious than U Chicago, but IN WALL STREET CIRCLES, this is absolutely true.

I’m a huge U of C booster but I agree with you.

Anonymous wrote:PP here, I know someone is going to attack me for saying Dartmouth is more prestigious than U Chicago, but IN WALL STREET CIRCLES, this is absolutely true.

Yes agreed. As an overall university UChicago is more prestigious but on Wall Street Dartmouth has a longer tradition and is more prestigious.

I think it depends on what you want to do on Wall Street. Sometimes people will say they want a Dartmouth grad for one job and a UChicago kid for another. A previous poster made a comment about UChicago if you're really smart. That's not a bad first impression

OP - They are very different schools, although the opportunities are more alike than unlike, and people have different ideas of what constitutes fun and what is prestigious. I think your original question was on target as you requested pro's and con's for each school. I doubt there are many people with experience at both schools so the comparison remarks could not be 100% informed. You did receive one post on UChicago pro and cons. Perhaps a Dartmouth alum or parent would provide similar for their school in reply to you.

PP here, I know someone is going to attack me for saying Dartmouth is more prestigious than U Chicago, but IN WALL STREET CIRCLES, this is absolutely true.

I actually had to re-read this question several times to make sure I understood it correctly, because the answer seems so obvious.

Dartmouth. If he wants to work on Wall Street, Dartmouth. It is both solidly more prestigious than U Chicago, and is a direct pipe line into Wall Street. You really don't need a "strong econ department" to go work on Wall Street. You just need to be smart, major in econ, and socialize with the right people.

Yes, I'm a Dartmouth grad.

And by the way, if he changes his mind and wants to pursue Econ as a grad student... Dartmouth would still be the better choice, because PhD programs prefer to admit students from different undergrads, so he would go Dartmouth undergrad and U Chicago for an Econ PhD. Or Dartmouth undergrad and U Chicago for an MBA (although really Tuck is great too).

These are two very different schools.....why not let your child choose the one that appeals to them. Or for that matter just throw in the extra application.

Anonymous wrote:Would they apply ED to UChicago? It's kind of a waste otherwise. They overenrolled their class this year by almost 150 students and took less than 2% of RD students, and they also reserve spots for the gap year z-list which will cut down the slots available.

Dartmouth would actually be attainable with its 9-10% acceptance rate.

Actually Dartmouth had a much higher than expected yield last year and in a similar boat. You could apply EA to Chicago and then roll then dice on RD to Dartmouth. Agree that the economics department probably better at Chicago but both excellent. Mostly what kind of experience does your kid want - country vs. city?

OP why does he want to work on WS? There are other ways to make good money.

Anonymous wrote:WS? Ugh

It’s one thing when people go to WS because they can’t think of anything better to do but it’s kind of gross to see teens planning for it and parents encouraging it.

And this is coming from someone whose H worked on WS for a long time btw. It’s not a nice or pleasant industry.

So are you saying your husband lacks imagination since he worked there for so long in your words?

Anonymous wrote:UChicago in a heartbeat both for undergrad and business school.

Not RD. Waste of time.