Private Equity: Booth vs. Columbia

Was going to apply to HBS, Wharton, Booth and Columbia (Round 1). Debating dropping Columbia and keeping Booth. Does anyone have recent thoughts (last threads are from 2014) on Booth vs. Columbia?

Personal Stats/Career History: - Top Tier Undergrad (3.8 GPA) in NYC - Middle Market Traditional PE - Bulge Bracket IB - 750 GMAT - Looking to stay in PE after graduating - Spent 7 years in NYC between work and college

5 Comments
 

Disclosure: I went to Booth, did not recruit for PE

Why not keep all four? Four isn't a lot for MBA admissions. Sounds like you're set on H/W with B/C as a backup. You definitely have a blue-chip background for apps, but MBA applications are wonky. You're a good fit for H/W, but if for some reason you don't get in or there is a hole in your app that we don't see, I wouldn't bank that you're a 100% bet for B/C, but it's a safe bet that you would probably get in to one or the other if H/W fails.

It's only $250, the Columbia app is also pretty straightforward. And if you end up in a position where you need to decide between the two schools, admit weekend is the best time and place to do that, rather than the glimpses you get on the message boards. PE recruiting is highly idiosyncratic, so I wouldn't put a lot of stock into the 2-3 opinions you might get here for each school. If you end up getting into 3-4 schools, the good feels and being able to choose between options will be worth the $250.

Admissions is wonky. Sometimes very qualified candidates are fighting demographics, sometimes the schools play other games (Columbia, in particular, is whispered to intentionally ding candidates they think are a shoe-in for H/S/W, since they almost never win the yield game there for rankings). If you're interested in attending either school, I'd just app all at once and be done with it.

 
Best Response
"BreakingOutOfPWM" Disclosure: I went to Booth, did not recruit for PE

Admissions is wonky. Sometimes very qualified candidates are fighting demographics, sometimes the schools play other games (Columbia, in particular, is whispered to intentionally ding candidates they think are a shoe-in for H/S/W, since they almost never win the yield game there for rankings). If you're interested in attending either school, I'd just app all at once and be done with it.

This. 100%. Columbia really wants you to show genuine interest so it's not the best school to use as a backup. Booth on the other hand will happily accept candidates that have a high likelihood of also getting into HSW and it's really reflected in the acceptance rate (~24% for Booth vs. ~14% for CBS) and yield (~55% at Booth vs. ~73% at CBS).

As to your question of which is best for PE, there isn't a huge difference so it really comes down to where you'd have the best experience. Given you've been in NYC for a while, a change of settings might be a good idea and would likely allow you to have a better, more focused MBA experience.

 

agreed with applying to all four but if forced to decide between CBS and Booth I'd go with Booth. Based on outcomes of friends who have attended both schools, Booth seems to do considerably better when it comes to PE recruiting

 

Don't make the choice before they've chosen you.

Like everyone has said here, apply to them all. B-school admissions is a numbers game, and you want to apply to a sufficient number of schools to at least lessen the sheer randomness of results from one school to the next, and usually 4 is a bare minimum to achieve that if your goal is to get into a decent b-school next year. Ideally you should aim for 6-8 schools, as there is sufficient overlap in the essay questions, rec letters and application forms that once you've gone through 2-3 schools, each additional school beyond that will take next to no time.

Alex Chu www.mbaapply.com
 

Totam ut nulla et exercitationem hic autem illo. Provident corporis est sed cum odit impedit deserunt voluptate. Iure qui inventore exercitationem rerum sed laborum.

Voluptas alias hic maiores et rerum magnam. Laboriosam eius consequatur iure et sint omnis. Doloribus magni nobis nihil ut beatae eligendi ea vel. Omnis cumque blanditiis dolor pariatur. Iure rerum nisi nostrum.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”