MBA School Advice - Cornell, MIT, Chicago, got into all 3

[crushready]

Seeking some advice from Finance/Economics/MBA experts please. Which is the better institution for a MBA: MIT, Cornell or Chicago Booth and why? MIT and Cornell seem to be more Engineering focussed, better for undergraduate programmes perhaps more so than for MBAs. Cornell is Ivy League, but I'm uncertain as to whether it is really known for its MBA. Chicago seems popular amongst the finance students, but is not Ivy League. Any thoughts which you may have would be greatly appreciated. Thank you.

Also if I can assist anyone with admissions process to the above schools, please do let me know.

Thank you.

[MBAPrepAdvantage]

Congratulations!!!! You are in an excellent position.

Each school has specialties in different areas. For example, if you are interested in quantitative marketing, Chicago Booth would be better for you, but if you are interested in operations, MIT Sloan would be a better fit.

So, what is your background and interests? Then, maybe we can help guide you on your decision.

[crushready]

Dear Michael

Thank you for you reply and kind words!!

I am focussed but I have a couple of different interests. i) would be to work with a big name Private Equity house. and/or ii) working for a to tier Management consulting firm.

The reason why I am happy with both, is actually I have seen a lot of people from Mckinsey say, end up in Private equity. So for me, either option would be just a dream come true.

Do please let me know your thoughts, in relations to the 3 schools mentioned, which do you think would position be better for the above careers. PS. I already have an investment banking background.

Thank you so much in advance for your kind support. If I can be of assistance to anyone in relation to the process for the above schools, do please let me know.

Best

[MBAPrepAdvantage]

First of all I misread your post. My apologies. I thought you had been accepted to those three schools and were asking advice on which to attend.

Either MIT Sloan or Chicago Booth would be best for management consulting or private equity - choosing which is best is like splitting hairs. But the truth is that you should probably be applying to all three schools and worrying about which is best if you are accepted to two or more of these programs.

Good luck,

[crushready]

Dear Michael

No need to apologise.

And no you did not misread.

I have been accepted into all 3, hence wanted to know which would be the better choice, given my professional aspirations.

If you have any further views of MIT vs. Booth, I would be most grateful if you could kindly share them w/ me and the group.

If anyone else has views, do please share, I would be ever most grateful. Also, if I can assist any of the members with application process with the above 3 schools, do please let me know.

Thank you.

[Terps1989]

How can you know whether or not you got into MIT yet? their decision date isn't until over a month from now.....

[crushready]

Thank you. I was accepted last fall and I deferred. I had an unconditional for this year, so I applied to a couple of other schools.

Any views appreciated. Thank you.

[Johnson at Cornell]

Dear crushready:

First of all, congratulations on getting accepted to three of the U.S.' top 10 business schools!  In full disclosure, I work for the Johnson Graduate School of Management at Cornell University.  That said, Mr. Cohan is right, it's about finding the school that is the best fit for your career goals.  In your first post, you questioned the reputation of Cornell's MBA, especially with respect to the area of finance.  To help answer that, here's a list of our top recruiters within the last year <https://www.johnson.cornell.edu/Career-M ... HERE.aspx/> .  Also, you said you want to land at a private equity or management consulting firm upon graduating.  You should know that 36% of our May 2013 graduating class landed at finance firms and 22% in consulting firms within three months of graduating.  We have strong ties to employers in those sectors, so I hope that addresses your concern.  Our program is small compared to others (class size of roughly 275), and we're known for our focus on performance/applied learning and for having an extremely welcoming, team-oriented community.  Feel free to email me directly at [email protected]. I am in the UK and would be happy to offer a personal 1-2-1 information session over Skype video. I look forward to answering any other questions you have about Cornell. Again, it's about finding the right fit for your career as well as your personal preferences for the type of program you want to experience.

Best wishes,

Charlotte (Charli) Taylor
International Recruitment Manager

[MBAPrepAdvantage]

Charlotte,

Thank you for posting such helpful information here.

Do you know which private equity or management consulting firms came to Ithica for on-campus interviews? That very helpful list includes the firms that either came for on-campus interviews or other presentations. I ask for this poster and others with similar goals. A good criterion for determining schools is whether the candidate's target companies recruit on-campus, as opposed to the candidates having to secure initial off-campus interviews which would most likely lead to less offers.

Also, of those percentages, what were the sub-percentages in private equity, investment banking and corporate finance and how many offers were given by each firm (or accepted positions)?

Thanks again and everybody have a Happy Thanksgiving!!!

[crushready]

Dear Charlotte, Michael.


Thank you for your kind replies. Charlotte, very useful and of course Cornell being Ivy league, gravitas in itself. My question / concerns were about which PE firms / Consulting firms recruit from there? Or as per, Michaels question, which PE firms/ Consulting came to Itahaca last year. I had a friend from HBS who was not sure which ones came there.


What proportion of the class landed in PE and to which firms?

Thank you,

[Johnson at Cornell]

crushready,

You make some great points here. We have a full list of companies who came to Ithaca to recruit during the 2012-2013 year on our website. See the link here: https://www.johnson.cornell.edu/Career-M ... -Here.aspx. Also, you can reference our latest employment reports for our one- and two-year MBA programs in Ithaca here as well: https://www.johnson.cornell.edu/Career-M ... -MBAs.aspx
Each report provides a break down of the percentage of students who accepted positions in private equity, investment banking, and more.

Below is a brief summary for your quick reference. Let me know if you have any other questions. Please feel free to contact me via email: [email protected] I'm happy to help provide more details over email or skype.

Consulting 23%
Finance - commercial banking 3%
Finance - private equity 3%
Finance - research 3%
Finance - investment banking 9%
Finance - managerial finance 10%
Finance - real estate 1%
Finance - risk management 1%
Finance - other 3%