MBA Decisions for IB (Wharton vs Booth w $ vs Ross w $$ vs Fuqua w $$$)
Monkeys,
Hoping to get help thinking through a few choices for full-time MBA. Goal is to get a bulge bracket associate IB role. My choices are as follows:
Booth with 1/3 scholarship Ross with 1/2 scholarship Fuqua with 3/4 scholarship Wharton decisions are coming up... but lets throw them in the mix with no money.
Obviously Wharton/Booth are the 2 finance schools with major presence, however my hunch is that I can land IB through Ross and Fuqua as well with not too much extra effort and with more money in the bank. I understand I should be viewing things holistically and long-term, but I'm coming into business school with considerable debt already. Money is something I'm heavily weighing. Employment reports at each school show the same IB starting salary/bonus structure. More people go into IB from Booth/Wharton... but that could also mean more competition to land those roles from those schools.
What do you think is the best choice here? Is the Wharton/Booth brand worth $60K - $100K premium over schools like Fuqua and Ross?
Thanks for the advice.
Honestly... I think it probably is worth going to the strongest program you get into. Recruiting opportunities are going to be materially better at W/B vs. Fuqua or Ross. Not saying you can't do it, but it is just a much more established track that I think it's well worth the extra cost. I think either Wharton or Booth (which wins my vote as a biased alum) are going to give you a fairly high likelihood of landing a summer at a top BB, whereas at the other programs you are going to be hustling a lot more and odds are good you will land a summer gig at a CS/DB/JeffCo type shop or a more regional bank. I think once you land your summer offer it doesn't really matter much which program you're in...
I'd also just say the value of the b-school network extends well beyond the first job out of the gates, so keep that in mind. I don't want to bash any of these programs because they are all very strong, but just try to figure out the best 'fit' for you and your goals. Congrats!
Agree.
Excellent insight - thank you very much.
Excuse my naivete - Can you elaborate (or point me in the right direction) on the differences of going tier 1 vs. tier 2/3? I've seen the league tables, but is the career implication significant?
Again, thanks for the thoughtful response. Much appreciated!
jankynoname Please, what is your view of Georgetown's MBA.
I have admits to Gtown's MBA and MSC from Columbia Business School. Family says Gtown MBA > Ms CBS
But friends and WSO say different things. Any small tips? Please
Do you mind posting your stats for admission?
Yeah go with the best one. Wharton for sure if you want NYC. Honestly probably not significantly different for the others
I found that Booth does phenomenally well in NYC IB as well. But Wharton would definitely be more convenient due to its physical proximity.
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