Hi all, I recently received an offer from NYU (with full scholarship) and Chicago Booth (with no scholarship). Wondering which school is the better option in your opinion given that my target is to recruit for IB in NY through business school?
Thanks in advance!
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Sometimes i'm baffled by these questions.
Both schools will set you up nicely for IB with no problems if you prepare well.
Given that, take NYU and graduate with no or very little debt. It will provides you more optionality. Say you are a year into your banking job and you decide you don't like banking. You could easily leave with no debt looming above your head.
Thank you! Do you think Booth's Brand would be helpful in the long run if I want to switch to PE down the road (7-8 yrs)?
It doesn't matter. Not only are the brands way too close in this case, but long-term MBA brands are going to be a lot more diluted because all of them are destroying their brands through a litany of online, part-time, special certification and other brand-diluting money grabs. Won't be long before everyone with a pulse has a Booth/Stern/Columbia type of name somewhere on their resume.
Full scholarship I would take NYU easy, personally.
The present value of NYU cash flow is way greater than the DCF value of Booth MBA name premium vs. NYU.
Take the full-ride to Stern. You'll only need to borrow for living expenses in Manhattan, which still sucks.
Stern > Booth, and NYC > Chicago. Easy choice here.
Take full ride from Stern. Both schools open up same doors. Save yourself the money.
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