Tuck vs MIT Sloan for Finance

Hey Guys,
I am considering applying to a fourth bschool. I am applying to HBS, Wharton and Booth.

Which is better for a career in finance, Tuck or MIT Sloan.

By the numbers, seems as if Tuck is better but MIT's brand is really strong.

I am applying to a fourth school in case i dont get admitted to any of the three i mentioned before and most importantly in case i get some sort of scholarship. I am from Latam with a 750 GMAT.

Comments (32)

Nov 28, 2011 - 10:06am
lifeofpurpose, what's your opinion? Comment below:
shorttheworld:
why not apply to both?

tuck has a better network, quality over quantity. what kind of finance are you looking to do? do you mind camping in hanover or do you need to ride the T in boston?

I am already applying to 3 schools this round, adding up another 2 would be "tough". Getting recommendations isn't easy. Asking someone to submit 3 recommendations isnt the same as 5.

What i love about Tuck is that their students are really proud about it. I emailed a student there i met before he went to Tuck (he was also applying to MIT) and he spoke very highly of Tuck.

What worries me about Tuck is really just the brand name recognition.

I am looking for Asset Management jobs, if not then IB. I dont have previous IB WE, so PE is out of the question (so I heard). I dont know what would it take to get a HF job about of bschool.

Nov 28, 2011 - 9:38am
West Coast rainmaker, what's your opinion? Comment below:

Apply to both? Opportunity cost is fairly small, especially if one gives $10k+ more scholarship money than the other. Somebody else would be able to better discuss recruiting opportunities, but I generally think of them as comparable, with a slight edge to MIT. Cambridge is a much nicer place to spend 2 years than Dartmouth, if it is all the same to you.

Nov 28, 2011 - 10:09am
lifeofpurpose, what's your opinion? Comment below:
West Coast rainmaker:
Apply to both? Opportunity cost is fairly small, especially if one gives $10k+ more scholarship money than the other. Somebody else would be able to better discuss recruiting opportunities, but I generally think of them as comparable, with a slight edge to MIT. Cambridge is a much nicer place to spend 2 years than Dartmouth, if it is all the same to you.

this will sound immature, but for me MIt location is a bummer. It is nearby HBS, so i will be reminded every single day that I didnt get into HBS. When you are interviewing the last thing you need is something to affect your confidence. I know, it is stupid and immature

Nov 28, 2011 - 10:23am
Brady4MVP, what's your opinion? Comment below:
lifeofpurpose:
West Coast rainmaker:
Apply to both? Opportunity cost is fairly small, especially if one gives $10k+ more scholarship money than the other. Somebody else would be able to better discuss recruiting opportunities, but I generally think of them as comparable, with a slight edge to MIT. Cambridge is a much nicer place to spend 2 years than Dartmouth, if it is all the same to you.

this will sound immature, but for me MIt location is a bummer. It is nearby HBS, so i will be reminded every single day that I didnt get into HBS. When you are interviewing the last thing you need is something to affect your confidence. I know, it is stupid and immature

Yeah, great point. I mean I would be happy to go to sloan, but being so close to HBS is a huge negative. When you go out to bars/clubs to party, there's a damm good chance that you will run into HBS students. And also there are a lot of mixers between the schools. In each of those cases, you will be harshly reminded that you did not get into HBS, and those guys know it, and they will make you feel inadequate. This is also the same reason why I would never apply to nyu stern, which has a HUGE inferiority complex towards columbia. At least sloan is M7, and the MIT name brand is elite.

Nov 28, 2011 - 9:39am
shorttheworld, what's your opinion? Comment below:

I think Tuck is a much better school than it is 'ranked' to be. The alumni network is incredible -- you dont have 9999999 people everywhere but you have a strong enough representation in all the power areas you'd be looking at (consulting and PE are their noted strengths) and tuck is known for having the best helping network... no one from Tuck or at Tuck that I've spoken to has said anything less than a 100 Percent hit rate with alumni's quick 1-2 day responses during their job searches. People talk about how the value of a school beyond the top 3 decreases and it only helps you get your first job(which i disagree with) but I have the impression that Tuckies are there to fight for eachother tooth and nail for life. And I don't think Tuckies just say 'oh heres this guys resume', they try to drill down and see what you really want and how they can help and go about doing it in the best way possible. Thats the benefit of it being such an elite small school -- everyone can focus their efforts much more on one another.

Nov 28, 2011 - 10:04am
Brady4MVP, what's your opinion? Comment below:

Tuck does better in banking and PE. Sloan does better in IM and HF. I know I'm generalizing here, but that's what I've found based on my research.

They're both solid schools, but for me personally, living in the middle of nowhere in new hampshire during what is supposed to be the best 2 years of your life is a huge bummer. Sloan's new building is SICK, and Boston is the best city for students, bar none.

Why aren't you applying to columbia if you want to do finance?

Nov 28, 2011 - 10:09am
lifeofpurpose, what's your opinion? Comment below:
Brady4MVP:
Tuck does better in banking and PE. Sloan does better in IM and HF. I know I'm generalizing here, but that's what I've found based on my research.

They're both solid schools, but for me personally, living in the middle of nowhere in new hampshire during what is supposed to be the best 2 years of your life is a huge bummer. Sloan's new building is SICK, and Boston is the best city for students, bar none.

Why aren't you applying to columbia if you want to do finance?

Columbia finaid for int'l sucks. You need a cosigner to get a loan. Only reason I am not applying.

Nov 28, 2011 - 10:12am
Dr Joe, what's your opinion? Comment below:

If you goal is AM, then Sloan is the way to go. In fact, if it is anything more quantitative than IB then Sloan. But I do see the argument for going to Tuck if interested in Consulting/IBD.

  • 1
Nov 28, 2011 - 10:14am
happypantsmcgee, what's your opinion? Comment below:

AM = Sloan. Hands down. Anything Quant heavy, sloan should be your default answer.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
Nov 28, 2011 - 10:30am
Brady4MVP, what's your opinion? Comment below:
shorttheworld:
at MIT you can crossreg @ kennedy and at HBS too...

Sure you can. But it's basically living vicariously. I met a few sloan students who were taking HBS classes, and they were uncomfortable talking about it. Meanwhile, the HBS students who take classes at HKS or MIT are basically the top dogs in those classes and get mad respect.

Moreover, whether it's fair or not, MIT has a reputation for being a school that attracts geeks. This applies to sloan as well unfortunately. In contrast, HBS is filled with attractive, alpha, outgoing students. So in various social situations when you run into them, they might not take you as seriously at the outset. And if you happen to find a HBS girl attractive (there are actually lots of them), they won't give you the time of day unless you're a fellow HBS student.

Nov 28, 2011 - 10:32am
happypantsmcgee, what's your opinion? Comment below:

Brady, I am legitimately concerned for your welfare if you don't get into HBS. I have never seen someone so obsessed over something that is so heavily predicated on factors that just are not within your control. You maybe trolling a bit or acting to an extent but you seriously need to reevaluate what it is that is actually important to you because you are entirely too wrapped around the axel with this whole Harvard thing, dude.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
  • 1
Nov 28, 2011 - 10:38am
bonono, what's your opinion? Comment below:

He's a sad human being, hopefully his rejection will lead to one less downs baby on the planet.

Nov 28, 2011 - 11:47am
BSTN05, what's your opinion? Comment below:

I am still not convinced Brady isn't a spambot, the nonsense he keeps preaching is comical.

Nov 28, 2011 - 6:09pm
mnin, what's your opinion? Comment below:

I think some of you guys have massive inferiority complexes. MIT is a great school I don't know what you guys talking about. If I didn't get into HBS but I got into MIT, i would just sign up to the HBS classes and network there since I would have the opportunity to meet people from both schools. Honestly, outside of the complete prestige whore tools, i really don't think you'll ever be turned down for an interview if you went to MIT and networked with the HBS guys.

People need to just stop being a pussies about things they don't have control over and take advantage of the things they do.

Nov 28, 2011 - 6:25pm
lifeofpurpose, what's your opinion? Comment below:
cibo:
I think some of you guys have massive inferiority complexes. MIT is a great school I don't know what you guys talking about. If I didn't get into HBS but I got into MIT, i would just sign up to the HBS classes and network there since I would have the opportunity to meet people from both schools. Honestly, outside of the complete prestige whore tools, i really don't think you'll ever be turned down for an interview if you went to MIT and networked with the HBS guys.

People need to just stop being a pussies about things they don't have control over and take advantage of the things they do.

as i mentioned before, for me it is not a prestige thing... it is a rejection thing, i just "think" that i would be less confident if i am reminded every single day that i didnt make it. If there were other two schools in another city so close to each other and you applied to both, it would be the same thing for me. if we assume booth and kellog where just way closer and you got rejected by one of them, it would be a bummer being reminded every day that you werent good enough for the other school.

i assume it is stupid and immature as i said earlier, but some people just dont like being reminded about their failure every single day. MIT is a great school, but it will always be your "second option" assuming one applied to HBS as well.

Best Response
Nov 28, 2011 - 6:53pm
mnin, what's your opinion? Comment below:
lifeofpurpose:
cibo:
I think some of you guys have massive inferiority complexes. MIT is a great school I don't know what you guys talking about. If I didn't get into HBS but I got into MIT, i would just sign up to the HBS classes and network there since I would have the opportunity to meet people from both schools. Honestly, outside of the complete prestige whore tools, i really don't think you'll ever be turned down for an interview if you went to MIT and networked with the HBS guys.

People need to just stop being a pussies about things they don't have control over and take advantage of the things they do.

as i mentioned before, for me it is not a prestige thing... it is a rejection thing, i just "think" that i would be less confident if i am reminded every single day that i didnt make it. If there were other two schools in another city so close to each other and you applied to both, it would be the same thing for me. if we assume booth and kellog where just way closer and you got rejected by one of them, it would be a bummer being reminded every day that you werent good enough for the other school.

i assume it is stupid and immature as i said earlier, but some people just dont like being reminded about their failure every single day. MIT is a great school, but it will always be your "second option" assuming one applied to HBS as well.

I understand where you're coming from, and at least you're mature enough to admit it. But let me tell you something, if you cant handle a knock to your ego now, it's only going to be worse when you start working or searching for a job in a down economy. Being in Boston means you would be in the middle of a shit load of things. I would recommend that you don't turn down a great opportunity because it's "only 2nd the best school" in Boston.

Would you turn down Morgan Stanly because its only the 2nd best bank (debatable) in comparison to Goldman? Would you turn down Bain/BCG because they're only 2nd best to McKinsey?

I think you need to not look at it as being rejected for number one, but damn I'm lucky I got into one of the best schools in the world.

And Harvard people are douches, true fact.

May 25, 2012 - 5:07pm
ssh00, what's your opinion? Comment below:
lifeofpurpose:
cibo:
I think some of you guys have massive inferiority complexes. MIT is a great school I don't know what you guys talking about. If I didn't get into HBS but I got into MIT, i would just sign up to the HBS classes and network there since I would have the opportunity to meet people from both schools. Honestly, outside of the complete prestige whore tools, i really don't think you'll ever be turned down for an interview if you went to MIT and networked with the HBS guys.

People need to just stop being a pussies about things they don't have control over and take advantage of the things they do.

as i mentioned before, for me it is not a prestige thing... it is a rejection thing, i just "think" that i would be less confident if i am reminded every single day that i didnt make it. If there were other two schools in another city so close to each other and you applied to both, it would be the same thing for me. if we assume booth and kellog where just way closer and you got rejected by one of them, it would be a bummer being reminded every day that you werent good enough for the other school.

i assume it is stupid and immature as i said earlier, but some people just dont like being reminded about their failure every single day. MIT is a great school, but it will always be your "second option" assuming one applied to HBS as well.

I'll confirm that it is stupid and mature. If you really think it'll bother you so much that it'll adversely affect your experience, you are not ready for b-school. Rejection/failure is a regular part of business--let alone life. Suck it up!

Nov 28, 2011 - 6:47pm
abacab, what's your opinion? Comment below:

Just don't apply to Harvard. If you don't apply, they can't reject. If you know they will reject you, why bother applying.

Array
Nov 28, 2011 - 7:18pm
lifeofpurpose, what's your opinion? Comment below:

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