Fuqua vs Johnson MBA for IB - Help Needed
Long time lurker here! I am having an incredibly difficult time choosing between these two schools, so any help from people who have done their MBA or are in the industry will be very appreciated. Hopefully this will help others in the future as well as I haven't found much info out there.
I am currently in an account management role and have worked in in banking and am looking to use the MBA to pivot to IB likely in NYC, but pretty agnostic location-wise. My concern really has to do with which program will set me up for success to recruit as a career switcher without quantitative work experience and without such degree. So here it goes:
- Structured recruiting program. They basically tell you what to say and how to prepare for the process.
- IB Immersion kicks in during the second semester to prepare you for the internship (assuming you were able to land one). The director has you study different types of deals that are live at the time. I think they put together models as well but I am not sure. The point is to get you up to speed to hit the ground running from what it seems like. Not sure if this is the same as schools have.
- Cornell-specific technical question guide.
- Strong NYC network and breadth across banks and business lines.
- Plenty of finance resources/programs.
- There is a post on here that reviews IB recruiting at Cornell which I found very helpful and speaks well about the school.
- Great culture.
- Record year for placements in absolute and percentage terms despite COVID.
- Is it true that Johnson students are better trained to hit the ground running?
- More people gunning for IB, so possibly more competition? From what I understand, recruiting started with 90 students, 70 of which recruited seriously and about 50 received internship offers.
- If banking doesn't work out, kind of stuck.
- Non-core, so have to fight for seats. Though, a ton of banks recruit on campus.
- No scholarship money.
- Absolutely fell in love with Durham and the campus when I visited. Such an incredible place to be in and I loved the school spirit.
- Team Fuqua is real. Everyone is incredibly nice and easy to talk to. Students kept repeating that no sharp elbows exist during recruiting.
- Heard of students rejecting higher ranked schools to come to Duke, which speaks very well about the school. Duke has a little more caché IMO.
- Wide breadth of industries that recruit. Better hedge in case IB doesn't pan out for some reason?
- Target for banks, especially (core).
- 30k scholarship.
- Less competition for seats? This is a selling point for them. About 50 recruited, 45 got interviews and ~35 received offers. Heard was a down year for them.
- Larger network.
- 6 week terms. I wonder how overwhelming that will be with recruiting.
- recruits at Johnson but not much at Fuqua.
- A little concerned about the whole student-driven aspect of the university. Not sure how well that sets up real career switchers for IB.
- Less finance resources (i.e. centers, investment fund etc.).
- Wednesdays off. Tough with recruiting? Students spin it as positive (only school in town that day to talk to bankers).
- Pricey rent.
- Transport to Manhattan from either school will take about the same time all in. RDU was very easy too.
- GND at Johnson vs non-GND at Fuqua. Curve at Fuqua sounds very doable, but some banks ask for grades.
- Alumni presence on the street. Greater proportion at Johnson but smaller class vs smaller proportion but larger class at Fuqua.