"Why Stanford Is Beating HBS Among Dual Admits"
This is consistent with what I've been hearing from inside sources for a number of years. That dual admits long used to split about 50/50 but that recently (for a few years now) it is heavily in Stanford's favor to the tune of 3:1.
"These choices are closely guarded secrets in the world of MBA admissions, but for the first time Bloomberg Businessweek today (Jan. 28) sorted through its most recent survey data to find answers to these often agonizing decisions..."...When it comes to Harvard and Stanford, the results give the West Coast school a big edge—mainly due to the increasing popularity of both entrepreneurship and tech. Of the 63 applicants in BW’s sample who were admitted to both schools, 56% headed to the land of palm trees and warm weather, while only 22% chose Harvard Business School."
http://poetsandquants.com/2015/01/28/revealed-where-mba-dual-admits-go/
Stanford (56%), Harvard (22%), and I'm 100% confident Columbia will claim the last 22%. In reality they probably all got some pretty awesome financial aid packages from top 10-15 programs.
It's because there's the potential to make billions in the Bay Area thru founding a tech company. That doesn't exist on Wall Street unless you start a very successful private equity firm or something.
I'd say the odds of making billions from an iphone app vs. launching a PE/Hedge fund are about even.
The difference being that launching a PE/hedge fund takes years of hard work and experience whereas it doesn't take that much skill to create Snapchat.
does anyone have credible #s for going rates for post-MBA comp at Apple, Google, etc.?
don't meant to hijack, but curious and think this data will put your point in perspective
I don't think people are going there for the money as much as they are lifestyle, weather, brand name.
While Apple corp dev probably pays very well, I don't think it comes close to a VP in MM PE.
I expect you are right, but why not quantify/confirm?
Does anyone know going rate for post-MBA into google as product manager or similar position?
As I mentioned in a previous thread, this data is only as good as it is properly interpreted. The data is only useful to the user if the data is adjusted for career history, career goals, location preferences, and financial aid. A NYC banker wanting to work in private equity is likely to consider drastically different things than a Los Angeles tech worker wanting to work in Silicon Valley when deciding on a business school. Throw in financial aid/grants and the decision gets thrown into even murkier interpretive waters.
One word: Weather.
Why on earth would you live in Boston when you could live in sunny Palo Alto. SF is crushing it as of late and everyone wants in on the party.
Who knows, maybe Stanford, with its small class size, is able to sift through the bullshit more and really identify the kids that are 100% Stanford and doesn't even accept the kids that would choose HBS over it. HBS with its size doesn't have that luxury. The the high cross admit over weight.
Really though, it's the weather.
I honestly can't fathom why anyone would live in Boston over SF Bay Area or Socal. The east coast is one of the most miserable places in the Western world.
says the guy with tom brady as his pic / avatar.
Anyone else notice that 23% of Columbia / Stern cross-admits chose Stern? How is that number so high?
So, if you read all the way through the article (which is really much more complete than the headline implies -- comparisons of a whole bunch of schools, such as Wharton and Chicago -- a discussion frequently seen on these forums) you will see a quote from me about drinking heavily while you make your MBA choice.
In sum, these choices are not casual, despite my insistence that they should be made when drunk. Stanford/Harvard is a headline grabber (and by the way, I chose Harvard over Stanford because of a host of reasons, including the fact that I wanted to go to school in a region with four seasons), but other choices are equally interesting and revealing. Interesting about those who chose Stern over CBS, or Ross over Duke. In the end, it should be a very personal choice.
Totally agree. This is what 95% of the prestige seekers on this website don't understand - 1) users of this site can't wrap their heads around not having a prestige only mindset, and 2) the vast majority of people in the real world do not have this mindset.
It's always the younger inexperienced users, by a large, that recommend schools/jobs based on rankings, while the seasoned users don't use rankings exclusively in their recommendations.
I recently noticed a wave of people who seem to attend two programs at the same, for example MBA at Stanford and MPP at Harvard Kennedy. Does anyone know how this is possible and why/how schools allow this?
@Matrick you asked about programs with Harvard's Kennedy School, which offers an MPP/MPA. Stanford, Wharton, MIT Sloan and maybe even other schools have arrangements with the Kennedy school so that the student does both in 3 years. You apply to both separately and then there's a separate essay for HKS about why you want a joint degree. email me if you want more info. It's pretty straightforward.
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