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Accepted to Michigan - Ross and Austin - McCombs P/T!!!

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Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 26 Jun 2010, 07:39
I am really at a loss about where to go however. Ross is better ranking wise and I can major in finance. Austin you can only major in general management but its in Austin, the best economy in the country and Michigan is the worst economy in the country. I loved the people I talked to at both. I will be moving and looking for new employment wherever I go.

Austin has better weather, better business environment, better pretty much everything. You can switch to the full time program at Ross after a year if I feel like it.

Where should I go?
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 26 Jun 2010, 23:51
Both schools are actually top choices for me as well. I would venture to say research which program has the better overall concentration of your interest and decide from there. If both are pretty much equal, I would go off of ranking. It seems Austin has the better overall lifestyle that is attractive to you so look at it this way: You receive your MBA from a top ranked B-School(for sake of argument we'll go with Ross); you can pretty much start off interning in Austin and building relationships and post graduation go anywhere you want. Dont think that you're restricted to only that state after graduation....you can go anywhere in the world!
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 06:51
I had a chairman of a Fortune 200 company give me his advice on this, and what he said verbatim was "Apply as many places as you can, and go to the highest ranked school you get into. Period. End of discussion, think about the other things once you get there."
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 07:18
Thanks for the responses. I suppose the only think holding me back from Ross is the fact that I am genuinely worried I will not be able to find a job once I get there.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 08:01
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GoalsSetHigh wrote:
I had a chairman of a Fortune 200 company give me his advice on this, and what he said verbatim was "Apply as many places as you can, and go to the highest ranked school you get into. Period. End of discussion, think about the other things once you get there."


what do you do when one school ranks higher in 1 ranking, and lower in another? do you just flip a coin? do you abide by X ranking since it's the gold standard? life isn't as black and white as the picture you just portrayed.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 09:22
Do you mean you are accepted to the full time Ross and part-time McCombs? If so I would go with the full-time program.

That aside, I strongly disagree with the "highest ranked you get into advice". If you're talking HBS v. UT, then sure, but Ross/Darden/McCombs/Cornell/Fuqua/UCLA etc are in the same class. Never ignore geographical preference, both short and long term...a Fortune 2 (not 200) exec told me that. By the above logic, someone who wants to work in Los Angeles would pass up UCLA for Darden, which would be pure idiocy. While it is true that you can go "anywhere" with an MBA, it will require a lot more leg work on your part to escape the region in which the school resides.

Texas isn't like going to Indiana, where you would definitely be moving somewhere else post-grad. TX has the most fortune 500 HQ's of any state, a trillion dollar economy, every major consultancy and BB bank have offices, etc. BUT, if you go to UT, you will be interviewing with for the TX offices of those firms, barring some extra effort on your part. If you go to Ross, you will likely be looking at Chicago and some New York. Personally, I have no desire to leave Texas, which is why I chose McCombs. If I wanted to work in New York, it obviously wouldn't have been the best choice.

I'm not sure what you mean about the "major"...is that a part-time limitation of McCombs?
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 09:27
EndDream wrote:
Thanks for the responses. I suppose the only think holding me back from Ross is the fact that I am genuinely worried I will not be able to find a job once I get there.


Ross grads supply the entire country with employees. Only 40% of the MBA Class of 2009 stayed in the Midwest and, while I haven't seen the breakdown by specific state, I wouldn't be surprised if there were more placements in Chicago than there were in Michigan. The ones that did find positions in Michigan are highly unlikely to be working in the old economy of Detroit and much more likely to be working in the new economy of the rest of the state.

I couldn't find any timing stats for McCombs but about 80% of Michigan's Class of 2009 seeking employment received an offer within 3 months of graduation, which is standard stuff.

What's the worry?
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 09:30
Yeah, agree with Coakley. I wouldn't worry about the dismal state of Michigan's economy with respect to Ross. You aren't going to end up in a Packard plant.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 09:44
I think am not being clear. I am going part-time (at least at first, i might decide to switch to full time eventually) and need to find a job in the Ann Arbor/Detroit area while attending school. I am not worried about the post-grad job market.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 10:34
My mistake for misreading. In that case, it'll definitely depend on the industry and position for which you're looking. That's a very tough choice to make without having a full time position already lined-up. How much time do you have to decide? Any chance you might be able to secure a position before having to make the call?

According to the BLS, there are about 166K jobs in the Ann Arbor area, 733K more in Greater Detroit (drivable for night classes at UM) and 850K in Austin-Round Rock. But if the industry in which you'd like to continue working has a much larger presence in Austin, it seems like a no brainer.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 12:24
I have worked for years in Real Estate, I am pretty open honestly as to what I do while in school. I have only worked at one company and would like to expand my horizons and leave my comfort zone in every way while attending school. I also have the money to get by 2-3 months after I reach Ann Arbor or Austin to find a job. It thought Austin would be a much better job market, it seems similar with the numbers you gave however.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 13:38
shadowsjc wrote:
GoalsSetHigh wrote:
I had a chairman of a Fortune 200 company give me his advice on this, and what he said verbatim was "Apply as many places as you can, and go to the highest ranked school you get into. Period. End of discussion, think about the other things once you get there."


what do you do when one school ranks higher in 1 ranking, and lower in another? do you just flip a coin? do you abide by X ranking since it's the gold standard? life isn't as black and white as the picture you just portrayed.


I didn't portray the picture, a CEO of a Fortune 200 company did. Take it for what it's worth.

My own opinion? Ross is on a different tier than McCombs, and that's what the chairman meant. McCombs is top 10 in none of the rankings, Ross is top 10 in most of the rankings.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 27 Jun 2010, 17:05
GoalsSetHigh wrote:
My own opinion? Ross is on a different tier than McCombs, and that's what the chairman meant. McCombs is top 10 in none of the rankings, Ross is top 10 in most of the rankings.


True but no one cares about top 10. There's M7, then there's the cluster I mentioned, then there's some after that. If you are that concerned about the marginal difference in rankings then it sounds like your mind is already made up.

Regardless, you are too occupied with the trees at the expense of the forest. Would you rather be in Texas in 5 years or the Midwest (possibly Northeast)? That's the question because, your intentions aside, statistically that is where you will end up coming out of those respective schools.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 02 Jul 2010, 10:20
I would look at it as a choice in geography. You won't find a better MBA to have in Texas than one from UT. It will open a lot of doors in Houston and DFW, which are not bad places to be. Michigan grads tend to end up in Chicago and NYC. If you want to be in an industry like banking that is concentrated in those areas then Michigan is probably the right choice. If you want to work in energy in Houston, UT is the better choice.
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Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!! [#permalink] New post 19 Oct 2010, 09:57
JCTplus3 wrote:
I would look at it as a choice in geography. You won't find a better MBA to have in Texas than one from UT. It will open a lot of doors in Houston and DFW, which are not bad places to be. Michigan grads tend to end up in Chicago and NYC. If you want to be in an industry like banking that is concentrated in those areas then Michigan is probably the right choice. If you want to work in energy in Houston, UT is the better choice.


Don't forget tech/venture capital. Texas has a good reputation for technology MBAs and Austin is a startup hub with lots of venture capital firms.
Re: Accepted to Michigan - Ross and Austin - McCombs P/T!!!   [#permalink] 19 Oct 2010, 09:57
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