Stanford vs Duke (full ride merit scholarship) for undergrad

Hi. I'm sure these types of posts get annoying, but I'm a high school senior who has to make this decision by early next week. Just had a few specific questions surrounding this decision for which I'd really appreciate the insight of some people familiar with the industry:

  • my current understanding is that Duke has a much bigger alumni network in finance, as well as more established pipelines to Wall St bc of more interest from the student body etc. Does this mean from a recruiting perspective I'd actually be better off from Duke than Stanford? Despite Stanford, in a broader sense, generally being perceived as more selective/"prestigious" or whatever?
  • the scholarship I was offered at Duke is the Robertson scholarship, and it's a fairly competitive scholarship that comes with full ride for all 4 yrs plus some other perks like summer funding. Leaving aside the differences in cost (which is obviously the elephant in the room, but that's something for me to discuss with parents etc) do you think there are any material benefits from a recruiting standpoint to have that distinction of being a Robertson Scholar rather than just a general Duke student? Are labels like that really paid attention to in the recruiting process?
  • if I decided I wanted to pursue an MBA, any differences between how the two schools are perceived to note? Any preference given to Stanford undergrads at GSB?

Some personal details that might bear relevance: I'm from London (but probably have a preference to stay in the US post-graduation) + I'm not set on a career in finance (wouldn't say I understand enough about the industry to have any certainty) so would also be looking at the perspective of recruiting for areas like consulting or management positions in tech companies.

Appreciate any insights you might have. Cheers.

 

I love Duke, but since money isn't an issue-or at least wouldn't represent any hardship to your family-take Stanford. If you can afford a mega brand do it. You'll have all the career optionality you want wrapped up in a bow if you perform well enough.

 

Stanford network and name is best known in Europe, should you want to come back later on in your life. Stanford is in an area which is much better than North Carolina, both for professional and travelling reasons. Stanford would open any door, across sector (i.e. including consulting, tech, finance) on both sides of the pond. On top of that, you will put on your CV a label that people will always see and recognize. You will never have later on a "brand" issue on your CV, and no one at any assessment center would ask "If that guy is that good, why he didn't go to Harvard, Stanford or Princeton?" and you will not be in the room to reply "I had a full ride and I was a Robertson Scholar". I have been in a lot of assessment centers and, as a fact, all else being equal, university brand gives comfort to the assessor. On the MBA question, it may be tricky, as MBA admission office may be aware of how selective the Robertson Scholar thing is, but I am pretty sure Stanford is on the safe side also for this, especially if you later want to do an MBA at LBS or INSEAD where people may not be that familiar with the US scholar system.

Choose Stanford and never look back.

I'm grateful that I have two middle fingers, I only wish I had more.
 

Unsure if you already made a decision, but reach out to stanford to see if they would be willing to come down on the cost of attendance give your situation. Had multiple friends get full rides elsewhere but go to stanford because stanford was willing to give them a discount

 

If money is truly not a factor, then Stanford does have that extra little bit of preftige if that's what you're after.  That said, I don't think Duke holds you back from too many opportunities in finance.  If the $300k is even slightly helpful to save for your parents, take Duke.  I think you'll have a great experience at either school- I know graduates from both, more from Duke but that's because I live on the East Coast probably.  

 

Devils advocate reply here - why not choose this Robertson Scholarship at Duke and ask your family to invest the ~$250k for you instead? That way you get a full-ride and money invested for you.

Also, regarding the MBA it depends how spectacular you'll be during your time at Stanford and what you do once you leave. Admissions tend to look for evidence of exceptional achievement or capability and to me being an average student at Stanford is trumped by being a Robertson Scholar at Duke because it shows you are extraordinary amongst your peers from 1. The U.K. and 2. The other students at Duke. Just food for thought

 

Yeah these comments show no one really understands the Robertson Scholarship. Duke itself is an incredible T10 school so while Stanford edges it out it’s not like there is a massive difference. Add in an incredibly prestigious scholarship known nationally and funded by Julian Robertson, and Duke is the no-brainer. Employers will recruit Robertson Scholars just to tell people they have a Robertson.

 

Completely disagree that Stanford is “not that much better” than Duke. I’ve never even heard of a Robertson scholarship as prestigious as it might be, and I bet the same is true for many employers. 
 

Stanford is a career-long guarantee to a top-of-pile resume. Duke is great but a clear notch below, Robertson Scholarship seems great but doesn’t have the brand power of Stanford. 
 

maybe “nobody really understand the Robertson scholarship” because it’s just not that well known and thus less valuable than a Stanford degree. Just a thought 

 

Dude the name value of Stanford cannot be overstated. Automatic credibility, absolute top tier. Most selective institution in the world. Duke is great but frankly just not close to Stanford/Harvard level. 
 

you won’t have a hard time recruiting for IB from Stanford, and you probably won’t want to. Lots go direct to buyside or VC. too smart for this excel shit

 

Girlfriend got Robertson's and then turned it down for HYPS...stanford doesn't seem to different a parallel.

She isn't super interested in finance(more vc stuff) and the opportunities are crazy. Esp considering the amount of fun and lack of recruiting prep you have to do for ridiculous roles.

Duke is great but going to arguably one of the 5-7 best universities in the world has whole different level of opportunities associated with it.

 

Unless you have a significant trust fund set up, I think graduating Duke with $280K in your pocket is better than graduating Stanford with nothing. I can’t think of any major IB/consulting firm that doesn’t have significant Duke representation. If you want to stay in California or do tech/VC maybe it’d be worth the extra $280K. And while a top name brand increases your chances, kids from lower ranked schools beat out those from top schools commonly - do well at Duke and you’ll be beyond fine

 

Find it kind of hilarious that people think Stanford is a "tier above" Duke or would have any meaningful difference on your resume getting a look. Maybe its because I'm from the west coast and know plenty of Stanford grads but I can tell you we view candidates from those two schools in the same tier 1 bucket. Add in the individual distinction that comes with that scholarship and your interest in finance and I would vote in favor of Duke.

You surely can't go wrong, but I am surprised that people perceive Stanford (undergrad in particular) as somehow on a separate plane.

EDIT: just did a cursory look at admission stats to make sure I wasn't going crazy--Duke actually has slightly higher average test scores, higher % from private schools, etc. Standing apart from that group with that scholarship would be invaluable imo.

 

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