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Old 06-13-2017, 03:40 PM
 
Location: Beverly Hills, CA
25 posts, read 28,656 times
Reputation: 21

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Hi,

I got accepted into two graduate programs which are almost tied from the perspective of their reputation and academic excellence. That's why I need to make the decision based on the location.

For the program in central NJ, it takes about 45 minutes if I drive from the school to Manhattan midtown with ok traffic. But it's not the best option in most cases since it's too expensive to park in Manhattan. If by train, it takes 50-60 minutes. And for the one in MD, it takes 30 minutes from the school to white house by car.

I know that most finance positions are in NYC, but the big companies usually also have office in DC. Not sure how much important the location is for job seeking and networking.

Your advice is appreciated.
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Old 06-13-2017, 04:28 PM
 
Location: New York NY
4,271 posts, read 6,360,706 times
Reputation: 9086
You don't want to drive to Manhattan 2,3,4, even five days a week. It will drain you and take away from a lot of study and personal time. Take the train. And in central NJ you also have access to the smaller but not insignificant job market in Philly and perhaps Delaware.

Of course you also have to consider how much money for school you have/are getting/are borrowing, which could tip the scale one way or another.
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Old 06-13-2017, 05:01 PM
 
Location: Beverly Hills, CA
25 posts, read 28,656 times
Reputation: 21
Quote:
Originally Posted by citylove101 View Post
You don't want to drive to Manhattan 2,3,4, even five days a week. It will drain you and take away from a lot of study and personal time. Take the train. And in central NJ you also have access to the smaller but not insignificant job market in Philly and perhaps Delaware.

Of course you also have to consider how much money for school you have/are getting/are borrowing, which could tip the scale one way or another.
Both programs offer teaching/research assistantship so it will cost nothing to attend either. Only the location are being considered now.
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Old 06-13-2017, 09:04 PM
 
Location: Chapel Hill, NC, formerly DC and Phila
8,569 posts, read 12,690,405 times
Reputation: 8335
Where do you want to end up working? If you want to end up in New York, go with the NJ school. If you want to end up in DC, then go with the Maryland school.
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Old 06-13-2017, 09:21 PM
 
115 posts, read 57,386 times
Reputation: 62
You wanna sell out to Wall Street? Pick New Jersey.
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Old 06-13-2017, 10:20 PM
 
Location: Jersey City
6,490 posts, read 16,178,435 times
Reputation: 5646
Rutgers and UMCP are both excellent programs. I'd go with personal preference. Both programs are well represented on Wall St and will have alumni connections. But RU's location would make it very easy to go to weeknight events/networking/internships in NYC. If you pick RU, definitely take the train to Manhattan.
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Old 06-14-2017, 01:07 AM
 
Location: Beverly Hills, CA
25 posts, read 28,656 times
Reputation: 21
Quote:
Originally Posted by lammius View Post
Rutgers and UMCP are both excellent programs. I'd go with personal preference. Both programs are well represented on Wall St and will have alumni connections. But RU's location would make it very easy to go to weeknight events/networking/internships in NYC. If you pick RU, definitely take the train to Manhattan.
Wow, I deliberately omitted the schools' name but you still know everything, lol~
UMCP's undergraduate ranking is slightly higher than Rutgers', but since now I am comparing two graduate programs I am not sure whether undergraduate ranking matters. Generally there is not much difference academically so location comes to break a tie.
I would like to pursue a career in finance industry. Considering this, it seems NJ is a better choice than MD due to its proximity to NYC.
Thanks for your reply and suggestion.
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Old 06-14-2017, 01:10 AM
 
Location: Beverly Hills, CA
25 posts, read 28,656 times
Reputation: 21
Quote:
Originally Posted by GarbanzoBeans View Post
You wanna sell out to Wall Street? Pick New Jersey.
Yep. Hopefully I can work for investment banks in the future.
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