Got accepted in Stern, Sloan and Yale MBA programs and having hard time deciding where to go. I want to get a job in IB after graduation and it seems that Stern has a great name in finance. But MIT Sloan is ranked much better than Stern. I think I am not considering Yale at this point. Any opinions?
How To Decide Which MBA Program is Best For You?
Getting accepted to multiple MBA programs is a great problem to have. There are a number of criteria to consider as you make your final decision.
- Strength of Academics: All schools have strong academics, but Sloan and SOM are known for being more rigorous.
- Recruiting: Recruiting opportunities vary by school. NYU benefits from its location in NYC. It's easier (but also exhausting) for Stern students to have informational interviews with your target firms throughout the week rather than having to travel to the city from another school for 8 informationals in one day. The downside of NYU is that you'll have more competition since it's known to be somewhat of a banking factory.
- Networking Opportunities: Some people joke that getting an MBA is just paying for a network. That's not completely wrong. The network you gain is one of the most valuable aspects of the experience.
- Fit: Don't discount the importance of fit when deciding on a school. You need to connect with the professors and other students in the program in order to get the most out of your experience.
- Ranking: While US News provides their annual rankings, ranking can differ based on what you want to do after graduation. One way to determine this is to look at the school's statistics on where their alumni accept jobs. Stern and Yale typically have more students who accept jobs in IB after graduation that MIT.
- Cost: Business school is not cheap, and scholarships are rare.
If you need help deciding, there is no shortage of posts on WSO asking for help comparing different programs given various career goals.
- NYU Stern Versus Yale SOM for Career Change to IB
- To Anyone Considering an MBA
- 1 Year Into MBA Things I Wish I Knew
- Tell Me About Yale SOM
- AMA: MIT Sloan
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