Rotman vs Booth - Family Business

Free advice from the world's top MBA consultants
This topic has expert replies
Newbie | Next Rank: 10 Posts
Posts: 3
Joined: Mon Dec 01, 2014 1:44 pm

Rotman vs Booth - Family Business

by mbahopeful567 » Mon Dec 01, 2014 1:50 pm
I am a Canadian engineer currently working in a Toronto-based family business that manufactures and sells electronic products in US and European markets. I am currently deciding between Rotman and Booth full time MBA programs. Given that I plan on returning to my family business post-grad and eventually take over as CEO, which school would you suggest? What advantages would you find in one school over the other given that post-grad job recruiting is not very important to me?

GMAT/MBA Expert

User avatar
Legendary Member
Posts: 1088
Joined: Thu Apr 18, 2013 3:29 pm
Thanked: 171 times
Followed by:52 members

by CriticalSquareMBA » Tue Dec 02, 2014 7:01 am
Hi there - if your plan is to stay with the family business and grow it, then it comes down to balancing brand and education with opportunity cost. If you believe you'll get what you need from Rotman, go for it, but the Booth name carries a lot of weight and it could help you in more strategic ways down the road! Rotman is a fantastic program, don't get me wrong, but if you're choosing between the two, go with Booth.
Critical Square | MBA Admissions Services

Web | Facebook | Twitter

Sign up for a free consultation today!

We love helping! Was this post helpful to you? Thank us and let me know!

Newbie | Next Rank: 10 Posts
Posts: 3
Joined: Mon Dec 01, 2014 1:44 pm

by mbahopeful567 » Tue Dec 02, 2014 9:17 am
Hi,

I really appreciate your insight in this decision I have to make. Could you please elaborate on some of the ways the Booth name might carry more weight and strategic benefits than Rotman down the line?

GMAT/MBA Expert

User avatar
Legendary Member
Posts: 1088
Joined: Thu Apr 18, 2013 3:29 pm
Thanked: 171 times
Followed by:52 members

by CriticalSquareMBA » Tue Dec 02, 2014 4:12 pm
Hey there - I see two main reasons. First off, the network in your industry will be stronger - especially if you sell in the US - you might find those level of connections helpful. Secondly, it will give you a bit more weight behind your name as you take the reigns. A tertiary reason is simply the education - the flexibility allows you to focus where you want and you'll get access to their entrepreneurial resources through it.

Bhavik
Critical Square | MBA Admissions Services

Web | Facebook | Twitter

Sign up for a free consultation today!

We love helping! Was this post helpful to you? Thank us and let me know!

Newbie | Next Rank: 10 Posts
Posts: 3
Joined: Mon Dec 01, 2014 1:44 pm

by mbahopeful567 » Wed Dec 03, 2014 9:13 am
Thanks so much for the info Bhavik. Much appreciated.

GMAT/MBA Expert

User avatar
Legendary Member
Posts: 1088
Joined: Thu Apr 18, 2013 3:29 pm
Thanked: 171 times
Followed by:52 members

by CriticalSquareMBA » Wed Dec 03, 2014 11:22 am
You're welcome!
Critical Square | MBA Admissions Services

Web | Facebook | Twitter

Sign up for a free consultation today!

We love helping! Was this post helpful to you? Thank us and let me know!

User avatar
MBA Admissions Consultant
Posts: 810
Joined: Thu Jun 16, 2011 1:12 pm
Thanked: 127 times
Followed by:35 members

by MBAPrepAdvantage » Thu Dec 04, 2014 11:27 am
Have you considered applying to Wharton or Kellogg, which are both strong for Family Enterprise / Business?

https://wgfa.wharton.upenn.edu/wgfa_outreach.html
https://www.kellogg.northwestern.edu/exe ... ambiz.aspx

In comparing programs specifically within Family Enterprise, check whether schools have a Research Center, dedicated family business classes, mentorship programs, etc.

I agree with Bhavik about the potential network which provide unforeseen professional and personal benefits.

Good luck,
Michael Cohan
MBAPrepAdvantage Founder & AIGAC Board Director
305-604-8178
www.mbaprepadvantage.com

Please thank and/or like individual posts.

Follow Michael Cohan on Image Image and BeattheGMAT.
Follow MBAPrepAdvantage on Image Image Image.

For a free assessment email [email protected] your target schools, goals, resume, GPA and GMAT or fill out our Free MBA Admissions Consultation Form.