MBA with a class size < 50 students. Is it worth it ?

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Many MBA students get attracted to smaller MBA classes thinking that they will get a personalized experience which they cannot get in a school with a bigger intake...

This is the biggest myth floating around.

* A smaller MBA class means less number of alumni to seek career support from.

* A small MBA class means less number of personnel to network with in the MBA class itself and even lesser number of students wishing to pursue a career of your choice.

* A small MBA class means less revenue for the school from the program. Many a times which leads to the program being unprofitable for the school & less focus of the school in providing quality career support system to the MBA students. Many reputed tier 2 European schools stand testimony to this fact.

* A small MBA class means very few recruiters visiting the campus to hire MBA students not because of the reputation of the school but because of it being less economical. Mind it, recruiters may visit the campus to hire students from other courses but MBA recruiters will be very few. This is because it costs money for the company to visit a campus & perform all the hiring activities. These MBA recruiters may come from a nearby country or other international location, even coming from another city within the country costs much. These recruiters do not visit schools with very small MBA classes because there is a high possibility that they will hardly find any suitable candidates who would be interested in a job with their company or may be 3 or 4 from a class of say 35 will show interest. Out of which just one may actually have the skills & profile to enter the company. So 1 out of 35 corresponds to 4 out of 140 which reduces the hiring cost per person by 75%. If you don't believe it, try contacting recruitment managers of mid size & smaller companies which have formed the bulk of on campus MBA hiring in the last few years. Even big companies follow the same strategy.

* A small class also corresponds to very few Specializations & Elective courses available at the school, as the number of students opting for a particular elective may be very small which would make the particular course unprofitable or very expensive for the school. Check the course content (subjects offered) of most MBAs with smaller cohorts & you will find very few electives & choice of subjects on offer as against a school with a larger cohort. It means you may miss out on your favorite Market Research or Private Equity course which you really wanted to take. It is common sense which is not very common.

Hope it helps.
Last edited by mbaguy2012 on Fri Apr 19, 2013 6:42 pm, edited 1 time in total.
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by olso4052 » Tue Apr 16, 2013 4:30 am
What exactly was your motivation for this post? Have you experienced this phenomena first hand, or are you just hypothesizing?

All that being said, in some ways you are correct, but it also goes both ways.

Yes, the alumni network is smaller, but it will also be very close knit. What I mean is, if you reach out to someone I'd bet they are more likely to go the extra mile than would an alumni from a huge class.

As for recruiters, all that will matter is the prestige of the school. If we are talking about 2nd tier European schools, then fine - I'm sure the recruiting is poor. Same as the 5th tier US schools. But if you find a top tier US program with a small class size, you'll get recruited plenty, and have less competition.

I'm just posting all this because I'm confused what your intentions above are. They are all good points to talk about, but saying definitely that small class sizes are bad is silly too. To each his own. Always do your research.

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by mbaguy2012 » Tue Apr 16, 2013 5:36 pm
Hi Olso,

Thanks for your comment. My intention behind this post is to let prospective MBA students benefit from my research. As you rightly pointed out one must do his own research, i just try to give prospective students one more point of reference to dig deep into. I cannot recall any highly ranked American business school with an MBA class size of less than 50 students, in fact the general MBA class sizes in the US are way larger. Even in Europe most top schools with strong MBA career support systems & strong alumni networks have way bigger class sizes. Many tier 2 European schools use this as a marketing gimmick to attract students looking for a more personalized experience but the hard reality is what i have mentioned in my post. I did confirm it with a few recruitment managers too.

I am not saying that these MBA programs are in any way inferior but the pointers that i have mentioned in the post do exist & in this sagging global economy create many hurdles for local as well as international MBA students.

Hope it helps.

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by WouldBeCrazy » Tue Apr 16, 2013 6:09 pm
I have seen many posts from MBAguys and as a prospective student, I must say those were eye opener rather than the sweet talks.

Based on my personal experience, I more or less agree to MBA guys. Recruiter visit, electives, little or no alumni in companies are real issue. Profitability of the class and hence cutting corners are valid concern. Closed knit community has no relationship with the class size. You can have a strong bonds between 30-40 like minded people in a class of 700 people too.

Another aspect I observed is, when the class size is smaller, students takes it lightly as an amateur hobby class, where as a 70 kinda class size gives that formal and serious feel.

Then again, a class size of more than 100 is too big for me. I guess 70-100 is the right size.

The biggest issue I saw is, many, probably too many 2nd and 3rd tier schools in UK are struggling to fill their batch. I have reason to believe that quality suffered a huge blow after the PSW scrapped.

Another interesting finding is, alumni of different schools has different characteristics, some are real helpful and friendly, some are too snobbish, some are just show-off, some pretend to be toooo busy. So, my feeling is, size of alumni network depends on class size but quality of alumni depends on school culture. To me, this was a crucial finding and was a major driver of selecting my school.

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by aakashgupta25 » Fri Apr 19, 2013 11:31 pm
The topic on class size is directly relevant to me.

I was of the view that small class means:
1. Individual attention
2. Less competition for jobs.
3. More time with professors
4. Better relationships with fellow students

I have got admission to the MBA Program at Desautels, McGill University and Schulich, York University.

McGill MBA has a small class/batch size of 75, whereas Schulich MBA has size of 350.
In my search on linkedIn, I could find only 500 McGill Alumni but 10000 Schulich Alumni.

McGill University is bigger brand world over but Schulich as a business school is more famous.
In McGill I will also have to learn French in order to be more competitive in Montreal job market.

McGill is offering a scholarship and hence the tuition at McGill is 15K less than Schulich.
I am interested in joining a technology/e-Commerce/Manufacturing organisation after my MBA.

I have to decide to join one of the two above in the next few days.

Any suggestions or tips anyone has to offer ?

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by AbhiJ » Sat May 04, 2013 12:27 pm
The title is correct but the content is misleading.
You should mention at the outset:
- Small Class Size means 50 or less students.
- Your comments are more applicable for 2nd tier UK schools, 80+ ranked US schools.

Some counter examples. IMD, Queens both have less than 80 students.

Would say small class size is an advantage that is not considered by applicants.
For example: Booth versus Columbia. Booth ranks above Columbia in all rankings. But when you look at placements: Columbia beats Booth because of its relatively small size(550 versus 850).

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by WouldBeCrazy » Sat May 04, 2013 9:31 pm
A small correction, IMD is 90

I guess anything from 60-150 is a reasonable class size.

Less than 50 is small and less than 20 is too small.

Upto 250 is still bearable but beyond that "to me" is a market for stamping.

As I mentioned in one of the post, it is not about volume of alumni but how helpful are they?, are there many alumni in your preferred location and industry?

I know people will jump to conclude that how you approcah the alumni makes the difference. True and agreed, but even after that, there is a significant difference how alumni of different schools reacts or respond. I interacted with alumni of quite a few schools and clearly see a very apparent difference.
AbhiJ wrote:The title is correct but the content is misleading.
You should mention at the outset:
- Small Class Size means 50 or less students.
- Your comments are more applicable for 2nd tier UK schools, 80+ ranked US schools.

Some counter examples. IMD, Queens both have less than 80 students.

Would say small class size is an advantage that is not considered by applicants.
For example: Booth versus Columbia. Booth ranks above Columbia in all rankings. But when you look at placements: Columbia beats Booth because of its relatively small size(550 versus 850).

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by mbaguy2012 » Wed May 08, 2013 2:03 am
What i have mentioned in my post is not misleading at all. My post is directed towards all Business schools with an MBA class size less than 50 students and if you research properly you will find that no global top 50 Business school has an MBA class with less than 50 students.

Alumni involvement with the school is a relative thing and depends mainly on the school's efforts to manage an ongoing mutually beneficial relationship with the alumni. I want to mention again that in no way these MBA programs are inferior than programs of a similar repute but with larger class sizes. Small class size has been used more as a marketing gimmick than it is actually an operational advantage.

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by WouldBeCrazy » Wed May 08, 2013 11:24 pm
Good to see you back in action
mbaguy2012 wrote:What i have mentioned in my post is not misleading at all. My post is directed towards all Business schools with an MBA class size less than 50 students and if you research properly you will find that no global top 50 Business school has an MBA class with less than 50 students.

Alumni involvement with the school is a relative thing and depends mainly on the school's efforts to manage an ongoing mutually beneficial relationship with the alumni. I want to mention again that in no way these MBA programs are inferior than programs of a similar repute but with larger class sizes. Small class size has been used more as a marketing gimmick than it is actually an operational advantage.

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by mbaguy2012 » Fri May 10, 2013 11:24 am
Hi WBC,

I have realized how close minded people are. They only hear what they want to hear and then lament about their choices. Very few want to use someone else's genuine experience to avoid bad choices. Most of them only want to hear good things.

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by WouldBeCrazy » Fri May 17, 2013 9:54 pm
mbaguy2012 wrote:Hi WBC,

I have realized how close minded people are. They only hear what they want to hear and then lament about their choices. Very few want to use someone else's genuine experience to avoid bad choices. Most of them only want to hear good things.
My dear friend, don't be offended by comments by some stranger in a "free" online forum. Most of the people here has their own hidden agenda, except a few like you and me.

Atleast I was hugely benefitted from your damn practical advices. I followed your advice to speak to as many alumni, current students as possible. And my dear, the experience was extremely revealing and very contrary to the school website or adcom propaganda. And my dear friend, I had this schoking experience from some of the very well reputed and highly ranked schools. Some schools treats the proepective students as moron (ofcourse they have valid reason) and tell something that is completely illegal and fake. On questioning, one school claimed that they have SPECIAL arrangement with the Government!!

My dear friend, atleast I would say you a heart felt big thank you. You helped me to see beyond the surface, beyond what is shown to me. You can help only those people who help themselves.

THANK YOU

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by mbaguy2012 » Thu May 23, 2013 2:16 pm
I appreciate your comments and I am happy, I could make a difference. Hope others too can look beyond the marketing curtains of Business Schools and take reasonably good decisions.

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by AbhiJ » Fri May 24, 2013 11:03 pm
I agree with whatever has been said. MBAGuy as you have said that schools with less than 50 students donot rank in Top 50. This alone should tell you about their credibility leaving apart all the marketing jargons. Agree that some people naively fall into the trap of B School thinking that the school is awesome.
As far as talking to alumni is concerned , WBC is right that how the alumni of schools react tell a lot about selection criteria of school. Few examples
- I asked one HEC Paris accepted student, How Indians fared in jobs recently ? He said no school can tell you answer to such a (stupid) question ?
- Asked couple of MBA from a Top 50 US school, the same question as above and how Indians are doing to switch industries out of IT ?
One said its a very generic question and why do you want an MBA ? Blah, Blah. Another said coming from IT why should any non IT firm hire you?
Common guys if your school failed to help you move out of IT etc just be honest and say so rather than trying to be a know all and give useless advice.

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by mbaguy2012 » Sat May 25, 2013 11:12 am
Hi AbhiJ,

What could be useless for you may be relevant to others in forming their own informed opinions. Only an immature candidate will ask questions like "How Indians are doing to switch industries out of IT?" My posts are not just for Indians or Asians, anyone and everyone can benefit from them, and i am sure no school can answer such a question. Somehow i receive maximum queries from Indians!!! In the past I have mentioned several ways to research on a business school and on the recruitment scenario at schools. It is up to you how you look at it. My research & comments are absolutely bias free & practical, I only encourage others to do a thorough research themselves before making the final decision.

Hope it helps.

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by AbhiJ » Sun May 26, 2013 3:19 am
mbaguy2012 wrote:Hi AbhiJ,

What could be useless for you may be relevant to others in forming their own informed opinions. Only an immature candidate will ask questions like "How Indians are doing to switch industries out of IT?" My posts are not just for Indians or Asians, anyone and everyone can benefit from them, and i am sure no school can answer such a question. Somehow i receive maximum queries from Indians!!! In the past I have mentioned several ways to research on a business school and on the recruitment scenario at schools. It is up to you how you look at it. My research & comments are absolutely bias free & practical, I only encourage others to do a thorough research themselves before making the final decision.

.
I usually donot respond to such posts. But will do one last time. MBA Guy, was adding to what you and WBC have said and not contradicting any of your claims in my last post. Even said that agree with everything. Still you somehow understood it as attacking your points. You said that you have interacted with lot of Indians. Did you ask them which industry they were working in and why they are pursuing MBA ? If you would have asked you wouldnot have thought the switching out of IT as an immature question. As per business schools switching industries is the top most reason people pursue MBA.