Canadian Target (70k debt) VS Non-Target (full-tuition scholarship)
I’m a 12th grade student deciding between going in debt at Ivey/Queen’s or taking a full-tuition scholarship at non-target uni in Nova Scotia.
I want to work in high finance.
Thoughts?
Making the exact same post with a slightly more vague description isn't going to change what the people have already said.
I did this so I can hear more people’s opinions and comments
You’re going to get the same answer. In the US you can make it from a non-target. In Canada, MAYBE 1 person breaks in from each Ontario non-target. It’s hard enough from a target that going to a non-target is going to make it nearly impossible.
If your uncle is an MD, doesn’t matter where you go to school. Had to pick a couple semi-qualified no-name college kids over 4.0 GPA engineering/MFin kids from UToronto/McGill with great charisma and insane technicals cause the MD said so back when I worked at a BB/EB in Canada.
Otherwise, take a loan, go to a good university.
If possible rather go to a semi-target in the US than a target in Canada. Lot more opportunities. Everyone actually skilled that I worked with in Canada exited to the US.
I hear about this a lot on this forum about MD choosing semi/non qualified kid over other strong candidates in Canada.
Oh, nepotism is insane. Even at school networking events, some drunk D/MD would be bragging about getting their nephew/niece/random relative a seat on their team.
First, it just pisses you off to pick a clearly shitty candidate when you’re interviewing such great candidates. Then it makes your life harder as a sr analyst or associate because now you have to review/correct the sloppy work on an already lean team.
Once a Canadian MD picked a guy from a uni that isn’t even ranked in any rankings over a UToronto/McGill kid that had a strong referral from a global head in the US office (non nepo referral, just insanely good to impress everyone and that everyone else liked the most on SD).
I exited Canada a couple months after.
Didn’t even know Nova Scotia has a uni
Where you go to school matters a lot in your life, especially in your 20s. Don't be too cheap on something that can impact the direction of your life.
This post is less vague and it’s extremely obvious it’s Dal now.
Dal is a non-target. Some break in, it’s been done before, but it’s fucking hard. Go to Queen’s dude. You’ll be out of debt and in a way better seat 2 years out of undergrad.
Kingston is also a great city to be a student in, especially as part of the comm program.
Go to Queens/Ivey. Recruit hard, get internships and land a good placement post-grad. Just make sure to keep yourself on a tight budget, don’t spend on unnecessary things and focus on paying down debt. Within a couple years of grad you’ll be debt free if you remain disciplined.
If after 20+ comments across two posts you still choose to go to Dalhousie, you deserve not to break in lmao
Given that you're posting this again, I'm assuming there's some other benefits to going to Dal.
FYI, not only will you be far less likely to break in, but even if you do break in, you will get a worse placement. I was under the impression I would just hustle my way in from a non-target, and it worked, but the same amount of hustling/skill could have got me a placement in the States/at a Global.
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