Kellogg Vs Tuck Vs Stern for IB

Hey folks,

I'm fortunate enough to have multiple MBA offers (no scholarships at any), and now I’m faced with the tough decision of choosing the right school for my career goals. I currently work in asset and wealth management at JPM but want to pivot into investment banking (IB). Based on my research, here’s how I’m thinking through my options—would love to hear your thoughts!

Kellogg

Pros:

  • Highest overall ranking of the three (M7 school)
  • Strong alumni network (Tuck’s network is known for being tight-knit, but Kellogg's is 3x larger)
  • Better IB placements than Tuck at Elite Boutiques (EBs) and Bulge Brackets (BBs) based on my research—but open to corrections!

Concerns:

  • Historically not seen as a core IB school, though placements seem to be improving
  • Might not match NYU or Tuck in terms of sheer IB recruiting focus

Tuck

Pros:

  • Ivy League brand
  • Strong IB placements, especially for BBs
  • Extremely tight-knit alumni network that actively supports job placement

Concerns:

  • Smaller network compared to Kellogg and NYU
  • Hanover, NH, is a very different environment compared to NYC or Chicago—might impact networking opportunities

NYU Stern

Pros:

  • Best IB placement of the three, particularly for NYC firms
  • Proximity to Wall Street = easier networking opportunities
  • Strong presence at EBs and BBs

Concerns:

  • Most expensive option (tuition + NYC cost of living)
  • Unclear if IB recruiting outside of NYC is as strong
  • Not sure if I want to live in NYC long-term (MBA + IB years)
  • I don’t care about the NYC nightlife, which is a big selling point for some

Current Leaning: Kellogg

Right now, I’m leaning toward Kellogg since everything I'm seeing is saying that if you try then at any of the three schools BB/EB placements shouldnt be an issue, but I want to make sure my assumptions about IB placements are correct. If anyone has insights—especially on whether Kellogg’s IB recruiting is truly on par with Tuck or NYU—I’d love to hear your thoughts!

Appreciate any advice!

6 Comments
 

Based on the most helpful WSO content, here's a breakdown to help you refine your decision:

Kellogg

  • Pros:
    • Kellogg is indeed an M7 school with a strong overall reputation. While historically not a core IB school, its IB placements have been improving, especially for EBs and BBs.
    • The larger alumni network compared to Tuck is a significant advantage, especially if you’re looking to leverage connections beyond IB or in other industries later in your career.
  • Cons:
    • While improving, Kellogg still doesn’t have the same IB recruiting focus as Stern or Tuck. It’s more known for consulting and tech, which might mean you’ll need to hustle harder for IB roles.

Tuck

  • Pros:
    • Tuck’s tight-knit alumni network is a standout feature. Alumni are known to go above and beyond to help with job placements, which can be a game-changer in IB recruiting.
    • Strong placements at BBs, and its Ivy League brand carries weight.
  • Cons:
    • The smaller network compared to Kellogg and Stern could limit opportunities, especially if you’re targeting EBs or niche groups.
    • Hanover’s remote location might make networking more challenging compared to NYC or Chicago.

NYU Stern

  • Pros:
    • Stern is widely regarded as a “finance school” and has the strongest IB placement of the three, particularly for NYC-based firms. Its proximity to Wall Street makes networking and coffee chats significantly easier.
    • Strong presence at both EBs and BBs, making it a top choice for those laser-focused on IB.
  • Cons:
    • The cost of living in NYC combined with tuition makes it the most expensive option.
    • If you’re unsure about living in NYC long-term, this could be a drawback, as Stern’s network and recruiting strength are heavily NYC-centric.

Key Considerations for Your Decision:

  1. IB Placement:

    • Stern has the edge for IB recruiting, especially for NYC firms. However, Kellogg and Tuck also place well into BBs and EBs, so you won’t be at a disadvantage if you put in the effort.
    • If you’re targeting EBs, Kellogg might have a slight edge over Tuck, but Stern still leads overall.
  2. Networking Opportunities:

    • Stern’s location gives it a clear advantage for networking in NYC. Tuck’s alumni network is incredibly supportive but smaller, while Kellogg’s larger network offers broader opportunities beyond IB.
  3. Lifestyle and Fit:

    • Consider where you’ll thrive personally. Hanover offers a quieter, more close-knit environment, while NYC and Chicago provide urban settings with more immediate access to networking opportunities.
  4. Long-Term Goals:

    • If you’re unsure about staying in NYC long-term, Kellogg’s broader alumni network and reputation might serve you better in the future.

Recommendation:

If your primary goal is IB and you’re open to living in NYC for the MBA and early career years, Stern is the strongest choice for maximizing IB recruiting opportunities. However, if you value a broader network and a more balanced MBA experience, Kellogg is a great option, especially as its IB placements continue to improve. Tuck is ideal if you prioritize a tight-knit community and are comfortable with a smaller network.

Ultimately, all three schools can get you to IB if you put in the effort, so it comes down to personal fit and where you see yourself thriving.

Sources: MBA Tier List for Investment Banking, MBA: Kellogg vs Stern?, How is NYC IB recruiting at UNC Chapel Hill?, https://www.wallstreetoasis.com/forum/private-equity/then-and-now-compbanker?customgpt=1, MIT Sloan and Columbia >>>>> Booth and Kellog

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

IB is pretty straightforward from any of these schools. I’d say that your assessment is correct in that Kellogg places better at EBs vs Tuck and both are fine for BBs.

Stern is obviously great for IB, but my personal decision would be based on overall rank / fit given IB is attainable from each school and your ultimate outcome won’t differ much. From Kellogg, you can also look at Chicago IB / PE if that suits you better vs living in nyc.

 

Stern

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

bobbilly

Tell me more my friend.

NYC is the place to be. The networking opportunities alone on a daily basis are off the charts in NYC. You're literally grabbing a coffee or bagel next to industry titans. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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