Vanderbilt ($$$) vs. Warwick ($) for Investment Banking
Hello everyone, I was recently accepted to Vanderbilt's undergraduate College of Arts and Science and am considering a double major in Economics and possibly Mathematics. Additionally, I have a conditional offer from Warwick in the UK for their Economics program. I want to go into investment banking, but I would also consider trying for quantitative analysis, or private equity, (rather than consulting- a field I've heard Vanderbilt is known for).
While Warwick is a known target school for finance in London, I'm more inclined towards the prospect of working in NYC. I also have a couple of strong connections within the U.S. finance sector, which I've heard can be influential when venturing into finance. However, I'm unsure about Vanderbilt's reputation in finance and the strength of its Economics program.
Cost is another major factor—Vanderbilt is nearly THREE times more expensive than Warwick, due in part to an extra year of study and also because I'd be a full-paying international. While my parents are willing and able to cover this, it's a substantial investment, and I need to decide if it's worthwhile. I would rather work in the US but is Vanderbilt worth the extra cost? How much harder would it be to get into London IB and then transfer laterally to NYC?
Based on the WSO Dataset, here's a detailed comparison and advice for your situation regarding Vanderbilt vs. Warwick for a career in investment banking, particularly with an interest in NYC:
Reputation and Placement in Investment Banking:
Cost Consideration:
Networking and Connections:
Career Goals and Flexibility:
Conclusion: Given your inclination towards working in NYC and the strong U.S. connections you already possess, Vanderbilt could potentially offer more direct benefits despite its higher cost. The robustness of its Economics and Mathematics programs can provide a solid academic foundation, while your networking opportunities could significantly ease your path into NYC's competitive investment banking scene. However, it's crucial to weigh this against the substantial financial investment and consider long-term financial planning.
Sources: Best SEC school for Investment Banking, The Comprehensive List of Transfer Friendly Schools For Investment Banking, Vanderbilt (full-tuition) vs UChicago ($15,000 scholarship) vs MIT (full-pay), MSc Finance Warwick vs Nova SBE vs ESSEC, UVA vs. Villanova (VSB) Investment Banking
I don't really have an answer, but are you American? British? EU Citizen?
Nah neither, International (Asia)
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