Best Business School for IB or PE? Yale vs Cornell vs CMU vs Dartmouth

I had the chance to be accepted to the MBA programs of these 4 schools, but now I have to make a tough decision. My background is in S&T/ Brokerage and I am going to school to switch to IB or PE. Which school do you recommend me to go to? I don't care about ranking, but I care about what type of recruiters the school attracts and the actual knowledge I will get...Your opinion pls?

 
dayaaam:
I'd also vote Dartmouth if banking or PE is what you want to do, otherwise Yale is better for brand name.

Yale is not a better brand name as far as an MBA is concerned. It's like saying Yale school of management is better than Kellogg (even though yale undergrad is miles better than northwestern). Tuck is a top 10 b school, Yale is not, take Tuck

 

Congrats on your acceptances. I attend one of the aforementioned schools and want to address some of the comments made here: -your school may help open doors, but it won't get you a job. At any of these schools, your background will matter more than your chosen B school - from sales and trading, you should have a very easy time transitioning into banking. That's my background and I already have banking offers and many superdays.
- there are many wall street alums from all these schools. Cornell places very well, and I worked with several Yale alums in my former group. tuck and tepper are highly respected. - good candidates can go anywhere, regardless of the school. People with blue chip backgrounds do very well and break into firms on the buyside that may not actively recruit on campus. I can't comment whether you're one of these students, but if so, your choice won't matter as much.

I would pick the place where you feel most comfortable, because you'll be there for two very rewarding years. Good luck!

 

I don't think Tepper or Cornell are bad at all, but if given a choice between a bunch of top end schools, choose the one(s) the is great and close to where you will ultimately work. Ithaca and Pittsburgh are in the middle of nowhere. If you wanted to get into quant stuff I think CMU might be a decent choice. Otherwise, I agree with the above comments.

 

I got the feeling from talking to Yale SOM alumni that it is looked at the same way Harvard grads view the Harvard Extension School. I applied there, but if I get in, I probably won't go even if it is the only school I get into. Way too much money and debt for what feels to be sub-par. Additionally, the fact they push the dual-degree makes me feel like their business program cannot stand on its own. I would need a scholarship to probably consider it, and I doubt I will get one.

 
Best Response
Gordon.Gekko:
I got the feeling from talking to Yale SOM alumni that it is looked at the same way Harvard grads view the Harvard Extension School.

That's retarded. Why would alumni tell you that. You need one of the highest GMAT's + GPA to get into Yale SOM, plus its top 10 business school on the rise. Comparing it to the extension school is just ridiculous.

I think many are really down playing Yale's network, I mean just look at some of the individuals that encompass it:

James Chanos (Billionaire Investor), Robert Greenhill ( CEO Greenhill & CO), Ellis Jones (current CEO of Wassertein & CO and Yale MBA), Stephen Schwarzman (Blackstone CEO), John L Thorton (former president of Goldman Sachs).

The list just goes on.

In terms of the brand, I believe it will take you much farther in business than the others. Especially once you leave the U.S, since at the end of the day, all they are going to see is Yale on your resume, not the ranking.

Choose wisely.

 

I doubt they push dual degrees because the b school is "subpar"...that makes no sense. They probably push it because you pay more in tuition vs. attending one degree program and they'll likely get more in alumni contributions from studens who have multiple Yale degrees.

but yeah, if you hate the school, then don't go.

 

i think yale SOM has about a decade before they can really leverage their resources, graduates and name brand to break the top ten. if you are willing to take that risk, then by all means, but tuck is definitely your number one option right here, right now (sorry, reflex - fat boy slim is awesome).

 

Tuck > CMU Tepper > Cornell > Yale

Yale SOM is barely a top 20 and is NOT focused on finance. it's a great choice for kids who want to get into nonprofits and govt work. but it's on the upswing, and has ivy name recognition, but everybody knows it's a johnny-come-lately bschool. it got a boost in the rankings recently due to the downswing. since nobody from yale goes into IB, they wreen't hit as badly as finance bschools like wharton, chicago, columbia. yale is the school that everybody in the bshool world loves to hate because they have great brand but a lousy program (until recently).

tuck is awesome and places lots of kids on the street. it's one of the top bschools and is WITHOUT A DOUBT a tier above the others. i would go here.

CMU tepper has a great finance department especially if you want to do quant trading or asset management. it's ranked 15 and is moving up fast because its quant program is especially attractive to banks. when will the other schools copy this?

cornell is on the downswing. it's a phony ivy and the mba program is considered to be falling. it's ranked 17

fwiw i work at bb in nyc and went to bschool as a career switcher. your background will make you an attractive candidate and recruiting is picking up after a huge downswing.

 

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