Kellogg vs Booth vs Columbia MBA, which M7 would you chose?

I just saw the excel file for Booth placements and they were STELLAR! I mean this MBA is perfect not only for finance but tech and consulting too! But then there's Kellogg, another very strong MBA. And then Columbia is probably on par with Wharton for finance. But when one would you choose if you were open to tech and consulting and not just set on finance?

 

You can't really go wrong with any of the MBA business schools">M7. That said, given your options, I would go with Kellogg. Why? 1. They are a consulting powerhouse; 2. They are close to Chicago and I really love that city

"I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. " -GG
 

pretty sure you can feasibly land the same range of tech/consulting jobs from all 3 of these places! let the decision be made by (in no particular order) 1. location- obviously a lot of Columbia opps will be in NYC, Booth in Chicago, not saying you couldn't get something elsewhere, but those will be the most direct + it will be easier to get a NYC job after Columbia, or a Chicago job after one of the other 2 2. student body size/your preference of living arrangements 3. amount of money any one of them gives you

all other things equal, i think if you want to work in NYC, take Columbia, if you want to work in Chicago, take Booth or Kellogg, and if you have no preference, then http://justflipacoin.com/

 

^This

It really just depends on your preferences OP, what you want to do after school and where you want to live. Columbia and Booth obviously have the edge for any finance goals, while Kellogg has a slight edge for consulting and anything in the marketing realm. Kellogg and Booth are probably even, and ahead of Columbia, when it comes to tech.

 

Ideally, I would want to recruit for all of these 3 and just choose the best one from the offers I end up with. I don't really have any location preferences but I'd like to stay close to my girlfriend who works in jersey city. She's trying to transfer to Texas bc she doesn't like the area so there's that.

 

"Kellogg is know for their quant"...This is a joke, right?

Anyways -

I can chime in on the consulting side. Booth, Kellogg and Columbia are essentially equivalent for major offices for consulting recruiting. Booth and Kellogg probably have a slight edge nationally while Columbia sends more to NYC - but a lot of that is self selection. If you have any tie to NYC from Booth or Kellogg you're on equal footing to Columbia.

I don't know the nuances for tech recruiting but from what I hear it is similar. If you don't have a tech background, IB, engineering or existing strong consulting background than tech is going to be hard for you to break into.

Booth and Kellogg are incredibly different in terms of culture and fit. I think they're both top of the MBA business schools">M7 for culture - probably top 2. Culture at Columbia is a big reason I cancelled my app there.

I'd personally focus on Booth and Kellogg unless you're dead set on NYC, and from there attend both admit weekends. You should NOT be asking about who recruits, placement rates, etc. It's a waste of the valuable time in that weekend, the schools are on equal footing. You SHOULD be asking about how your weekly schedule looks, the classroom experience (very different between these schools - Booth isn't much harder unless you want it to be, but students are much more open to challenging each other's opinions - in a good way, in my opinion), how cohort vs flexible curriculum matters, what its like living in Evanston vs downtown Chicago, etc. And see where you seem to fit in better. If you go to both schools on admit weekend your gut will know where to go.

 

Picking Columbia over Booth/Kellogg purely for BB IB is nonsense. What are you basing this on? All three schools put crazy numbers in IB, including in NYC. Every bank will have multiple reps from NYC at every event for Booth and Kellogg.

Other finance roles are different - all three schools have different firms at OCR. For banking, it's equal playing field, just like consulting.

Also completely disagree with the FS consulting piece for CBS. Are you an alum? To be fair, I went to Booth and am providing perspective on that front. However, I've spent years mentoring folks through my role as a GMAT tutor with a leading organization on school selection and these are absolutely not criteria that are strongly differentiated between these schools. For perspective, I'm heavily involved with the administration at Booth and we definitely place massive numbers at NYC IB every year. Pretty much everyone who recruits for IB NYC gets a role at a top BB or EB.

I might buy the argument for Booth/CBS over Kellogg for TAS or FS practices purely from a demographics standpoint of people's backgrounds but it comes down to your resume if you're practice specific, not which of these three schools you are at.

 

Guys, I have another question. Can I recruit for all these ie tech, finance and consulting from any of these MBA and not just focus on one area? Because I think that will limit me greatly to that area only. For instance, in tech, Amazon is my favorite employer where I'd just love to work plus I love Seattle for some reason (the weather, I know that's odd). But then I also love MBB and Deloitte and all the bulge bracket banks. So can I recruit for all of them and choose from offers I end up with?

This would also need tailoring the curriculum to my goals, no?

 

Yes and no. There are different timelines for recruiting at each school. Banking and consulting come first. You can recruit for consulting and 1/2 for tech and then go all in on tech if you don't meet your consulting goals. But there are offer deadlines to consider.

For IB, you pretty much have to go all in, but you also are pretty much guaranteed an offer from any of the 3 programs.

Bear in mind major tech firms and most consulting firms recruit again in year 2. For banking, almost all hires come from internships so you have to be targeted out of the gate.

Again, other finance roles are different, each school has different firms that recruit there, and a lot of it is more "just in time" recruiting. HF/VC/PE internships also occur during the school year and you kind of have to do them to break in, but they don't guarantee an offer from any program. For example, a Booth friend did a HF internship (major firm) in Chicago for 30-50 hours/week during year one, so they gave him a summer offer. The other two summer interns were from Wharton/HBS. My friend won a full time offer over them for full time. Anecdotal, but ended up declining for MBB after re-recruiting for consulting in year 2.

 

I believe that ACN also offers that Y2 tuition reimbursement - but this is really 1/2 of Y2 tuition reimbursement isn't it? (You pay full taxes on those monies you receive).

Also, I wonder if the current version of the House Tax bill passes - which will tax tuition scholarships as normal income - the value of scholarships dilute by a bit.

What I mean by that is that let's say you get a Full Tuition ride at T15 school vs no $ at an MBA business schools">M7 school. Before this tax bill, leaving the Full Tuition ride would be hard sell for people, but post this tax bill, that Full Tuition ain't looking so good anymore.

 
Best Response

I'm going to disagree slightly with BreakingOutOfPWM. When I was choosing b schools, I chose between two of these and another MBA business schools">m7, and as a finance guy going into another area of finance I definitely don't agree that these three schools are on the same footing for finance. Booth and Columbia are, IMO, a good step ahead of Kellogg on both banking recruiting and ESPECIALLY on buyside recruiting. You can and will likely get a great banking job at any of the 3, but people overly discount the alumni reach. Both Booth and Columbia have significantly more alumni across all banks and, in some cases, Kellogg is not represented at all (and isn't recruited) at the EBs. While you can get a job at any bank from Kellogg, it becomes harder without the alumni connection and it becomes tougher to make the appropriate contacts. It's also a consideration years out from school, as when you are looking around the banking/finance landscape, you have significantly less touch points in less positions of power at less firms. The long term benefit, in finance, is much higher at Booth/CBS than Kellogg. And on the buyside it's even more of a stark contrast. So, IMO, if you want to work in finance you should cut Kellogg (but you will still likely get a very good finance job from there, you'll just have less opportunity and less alumni benefit from there).

For non finance jobs, I would be mostly speculating, so you can just ignore this post if you aren't a finance person.

From a culture standpoint, it really depends on you personally. I never visited Kellogg, but I found the culture at Booth and CBS to be pretty different. So you'll need to experience both to see what fits you. There are definitely people who would fit at one or the other, but not both. That said, they are also both large enough that you can find your niche in either place. and diversity is strong at both But I would just make it a point to visit and decide after admit weekends.

And I wouldn't even consider regional ties, you can go to any of these cities easily from any of these schools. I know people across both Booth and CBS who had no problem recruiting from NYC, to Chicago, to SF, to LA, to Houston. These are national brands, you'll be fine at any of them.

Good luck, nice problem to have.

 

I still think that culture is the major differentiator. I honestly feel from what I've seen that if you're targeted for banking at Kellogg that you're on fairly equal footing, except maybe for NYC offices. Booth is on equal footing for NYC with Columbia. I wouldn't take Columbia if you don't feel a huge culture fit just because it's got broader OCR for banking. Columbia attracts a far different type of personality on the whole than Kellogg/Booth.

I was a high priority target for Columbia and attended some invitation only events for them; the administration's stance was that the NYC advantage was their major competitive edge and that they should win every cross-admit with HBS because of it. I just found that incredibly arrogant and out of touch with reality.

This all DOES change if your long term aspiration is buy side. In that case, completely agree that Booth/CBS have a big advantage over Kellogg based on demographics.

 

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