Hey everyone,
I’m currently studying economics and computer science at the University of Waterloo as a second-year student. I’ve completed most of my first-year requirements, including economics, mathematics, and computer science courses. Unfortunately, I’m not enjoying the economics curriculum as much as I expected. The courses seem poorly structured and somewhat unengaging.
I’ve come to recognize that Waterloo isn’t particularly well-regarded for its economics or finance programs. Because of this, I’m considering a transfer to an American university that’s more respected in finance, potentially the University of Michigan or NYU. These institutions appear to have better ties to finance careers and consulting.
So far, my academic performance has been quite good. I have a 96% average in my mathematics courses, which likely places me in the top 1% of my peers. My economics grades are also in the high 90s, although I did not pass one communications course (ARTS 140). I found the math courses to be easier than I anticipated.
I aspire to have a career in finance, particularly in private equity or hedge fund management. I’m quite passionate about this field, and I would appreciate any insights into my chances of getting into prestigious US schools that are targeted by investment banks. Additionally, I’m unfamiliar with the process of transferring from Canada to the US, so any guidance would be greatly appreciated. Keep in mind that I am already an international student in Canada, so tuition would be relatively similar.
Thank you for any assistance!
Your math grades are incredible! Being in the top 1% makes you a strong candidate for your desired schools. Don’t worry about that one communications course—your strengths and passion for finance are what truly count.
Those grades are killer! Don’t let one communications hiccup hold you back. Jump into finance competitions and projects while you’re applying—your passion plus those math scores definitely make you competitive.
waterloo’s co-op program is solid even tho econ isn’t their strongest. if you’re set on transferring, start bulding your portfolio now - join finance clubs, enter trading comps, do investment simulations. michigan ross def has better pe/hf recruiting than waterloo.
just know transfer admissions are brutal and u might lose credits. think if the debt’s worth it vs staying, crushing your gpa, and networking like crazy.
Your grades are solid, but you’ll need to explain that failed communications course. I’ve been through a similar switch myself - here’s what matters: show real finance experience beyond classes. Banks and top programs want to see internships, projects, or financial modeling work, not just good grades. For transfers, Michigan Ross and NYU Stern have different deadlines and requirements. Stern loves strong quant skills, so your math grades help there. But transferring as a junior hurts your recruiting chances - most finance programs target sophomores for summer analyst spots. You’ll need SAT/ACT scores, essays explaining why you’re switching, and solid professor recs. Since you’re international, check how transferring affects your visa and financial aid - it gets complicated. Honestly? Consider staying at Waterloo and loading up on finance extracurriculars and networking instead. Might get you the same results with way less hassle and cost.
lol everyone’s way too optimistic here. Your grades look decent but you failed a basic comm course and you’re already calling Waterloo “unengaging.” What makes you think NYU or Michigan will be different? PE/HF recruiting is about connections and prestige, not just GPA. Transferring means starting over socially and academically while paying crazy tuition. Try networking at Waterloo first before running to another country expecting things to magically improve.
Honestly, I’d think twice about leaving Waterloo’s co-op system - that’s pure gold for finance internships. I transferred from a Canadian school to a US program (different field though) and it was way more stressful than I expected. The application process took months, plus credit transfers were a nightmare. Your math scores are solid but that failed comm course will come up in interviews - have a good explanation ready. If you’re set on this, maybe try co-op terms at US finance firms first? Test the waters without burning bridges at Waterloo.
