Hi, I am now choosing my MBA programs, between Tuck and LBS. I did some research on the WSO website and found there was no related topics. So here I am.
A brief introduction about my background: male, Asian, five-year strategy consulting and private equity experience in Asia. My post-MBA target is to join a BB investment banks in NYC or HK (I have no preference on the locations). I guess if I go to Tuck, I will focus on NYC and if LBS I will focus on HK.
I did my research and still have two questions below:
1) how difficult it is for a Tuck MBA to find a IB job in NYC? I found out that most Asian went to UBS/Barc/DB... (any specific reasons?)
2) how difficult it is for a LBS MBA to find a IB job in HK? (the competition between LBS vs U.S. schools?)
Thanks a lot!
For what it’s worth, there were a few LBS summer associates at the HK BB I am joining.
Thanks. I suppose you are from a U.S. MBA program? How do you think the competition in HK BB recruiting between LBS and U.S. programs (Wharton/Booth/Stern/Kellogg)?
I think as far as HK is concerned, LBS will do way way more for you than Tuck can, it places very well in banking across Asia and will have OCR (at least from BB) as well as a school organized Asian finance trek. The class at Tuck is tiny to begin with and doesn't have a lot of internationals so it will be more challenging as you'll have to do more on your own. That being said, Tuck will allow you to recruit for NYC jobs, which will be much harder from LBS due to Visa issue (obviously, LBS would allow you to recruit for London).
Aside from that, the vibe and student body at both school will make for a very different experience. LBS is very cosmopolitan (~60 nationalities represented) and located in the heart of one of the greatest city. Tuck is the middle of nowhere, 70%+ american and the class tend to be VERY preppy.
Thanks for your reply. What is your opinion on Tuck's opportunity in NYC BB recruiting? I understand that Tuck is not a traditional finance school. Do you think Tuck students (and Asian Tuckies) have a shot in NYU BB recruiting? What about top BBs (GS/MS/JPM)?
Tuck places consistently across the street. It’s an M7 school my friend. You will have no issues with BB recruiting at that school, or landing interviews at EB’s for that matter at Tuck. Obviously you’re still going to have to network, but for US IBD any MBA business schools">M7 is a golden ticket into top US banks.
2 internationals from Tuck in my group at a BB. There were plenty my class across groups.
You will have to fly or drive into NYC most fridays, but it sounds like most everyone who took it seriously got an offer (caveat that I don't know how things have changed in the last 4-5 years...).
Thanks a lot! One more following question: when you say Tuck students have to drive to NYC most Fridays, you mean roughly from Semtember to November during the Summer Assoicate recruiting season. Am I correct?
That was my understanding, yes.
Actually, they only start NYC trips mid-October (right after their Wall Street trek) until Thanksgiving, which is when they submit applications. Before the trek, all banking events are on-campus.
Currently at MBA business schools">M7 and have a few friends whom I have met through IB recruiting at Tuck. Can't speak to LBS so will steer away from that. Do NOT underestimate Tuck for IB recruiting. Yes, it's a smaller class but the alumni go to bat for current students. About 35-40 recruit for banking out of 280ish.
GS/MS/JPM recruit on campus each take 3-5 every year. This past summer BAML had 9 interns (i think) from Tuck. Barclays is quite strong as well (5+ a year). UBS and Harris are the other banks that recruit on campus I hear. But you have other kids who then pursue off-campus banks: Citi, CS (NYC and London), Gugg, Evercore, mostly. Everyone (95%+) gets a job in banking.
With respect to internationals - I think that more a function of the "networking" aspect of banking that internationals may not be familiar with. And mind you, recruiting starts right when you arrive on campus. From my experience, European banks are a bit light touch vs US banks so the bar is low and therefore "easier" for them to succeed there.
Honestly, I would place Tuck ahead of Kellogg and MIT for banking, CBS/NYU has too many people recruiting for banking and it's hard to stand, and the expectation for networking makes if harder to keep up. Do not let the size fool you - Tuck punches above its weight.
Thanks for your insights. Great post!
How are you choosing between these schools if Tuck decisions haven't yet been released?
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