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It means pretty much nothing.
bump on this?
Yeah, it's just an arbitrary grouping of "most famous schools", no less or more arbitrary than "Top 10", but anyhow, prestige does count for something, so it's not totally worthless, because often the value of the diploma is a matter of perception.. but there are more important things (like "How will school X help me get position Y")
Columbia established the "M7" as a consortium to help the schools. I believe they get together once a year.
It's just like the T14 for law schools. It's a group of schools that are historically towards the top and tend to offer better career prospects for it's graduates and be more selective than those below it. Nothing more, nothing less.
There is an annual conference between the deans of the schools. It is called the M7 conference. They talk academics and job placement.
Amissionado is way off, which shouldn't be surprising.
Oh really? Soooo vice deans of some of the schools who are supposed to be in some sort of "group" that is so unofficial that no record of it exists other than the self-appointment of some folks in some schools of them saying they are the best, and a an unofficial almost urban lenegdy mention of it in a single interview.
And someone who's entire life and career depends on the business school they go to, is supposed to use this as a proxy for a real informed decision?
Gimme me a break dude!
Admissionado - As a professional who wants to project himself as someone who can successfully advise aspiring MBAs and add value to their MBA application reviews, it is alarming that you post on WSO with diction such as "soooo" and "gimme", as well as misspelling "whose" in favor of "who's" and "lenegdy" instead of "legend".
It's just a club they formed themselves. Pretty meaningless.
I thought grads of Tuck or Yale place better in finance than Kellogg or MIT. Am I wrong ?
Yes. ^
Dude. Finance is too broad of a term. It could mean anything from IB to HF and PE
Right, but if you know the answer for all three options (IB, HF, and PE) please tell. For IB Tuck and Yale vs MIT and Kellogg ? For HF Tuck and Yale vs MIT and Kellogg ? For PE Tuck and Yale vs MIT and Kellogg ?
^Wait. Arent MIT and Kellogg better than Yale/Tuck for finance recruiting? I always thought they were more established
I know - I was saying "yes, you are incorrect"
MIT/Kellog are better.
M7 has some weight to it but not too much. First, H/S are head and shoulders above all others in this group. This is followed by Wharton which has somewhat of a better reputation than the rest. Then, there are the non-HSW M7. And there are two schools, Tuck and Haas, which are not in this group but are of a similar caliber to non-HSW M7, esp. Tuck. So as with all rankings and labels, take M7 w/ a grain of salt and know what it shows and doesn't show rather than blindly following the herd.
Yale SOM, while a good programme is not on par with the other three you've mentioned.
Keep in mind that Kellogg has a very good conversion rate for people who want to go into finance, it's just more focused on marketing and consulting. Can't speak for PE/HF, but for banking, Kellogg is one of the best choices, since banks want more Kellogg graduates (they like diverse classes), and there's not many competing (I've spoken to ~50 people in my future Kellogg classes, and I haven't met one person yet who is recruiting for banking, yet 8-9% of the class goes into based on the employment report).
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