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Chicago Booth vs. Duke

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Chicago Booth vs. Duke [#permalink] New post 26 Apr 2011, 10:08
Hi there - I've been admitted to Booth (with no $) and to Fuqua (with $$), and I want to go to the better and more prestigious school. I'm not going to take a typical i-banking or consulting path post-MBA, I'm trying to decide b/n marketing, strategy/management, and corporate finance.

I thought Booth was the obvious choice, but not so sure any more. The one most annoying thing about the school is that nobody I've told has ever heard of it! I worked in public accounting, and I figured at least some people there would know what it is. If I told them I was going to an amazing school in Chicago, they all thought Kellogg. When I said it's University of Chicago, they clearly had never heard of it. That's with people who dab in business, let alone for all of my other friends.

So... provided that I don't want to work for McKinsey or a famous i-bank, is it still clear I should go to Chicago? I like there academic excellence - the teaching seems amazing. I went to a crappy undergrad, and I wanted to top it with a grad school with lots of recognition (and not just for other MBA's). I know it sounds superficial, but it is important to me.

Anyways - any words of advice? Duke or Chicago?
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Re: Chicago Booth vs. Duke [#permalink] New post 26 Apr 2011, 10:53
For me it would depend on how much $$ Fuqua is giving you - If its more than half your annual tuition, I'd do that. But that's just me personally. There are probably a lot of people here who would choose Booth regardless of the aid package from Fuqua. Like that dude with the "Booth w/$$$ or HBS" thread, you're in a pretty good spot and ultimately it should come down to your financial situation and whether Booth is your "dream school" that you will always question turning down.
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Re: Chicago Booth vs. Duke [#permalink] New post 26 Apr 2011, 17:00
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People in the know will know that Booth is a great school. My advice may be a bit biased, but I think Booth has an advantage over Fuqua if you are going into finance. For marketing and strategy, I think Fuqua is just as good, if not better than Booth. When you factor in the cost of living, attending Booth will have a even greater cost difference.
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Re: Chicago Booth vs. Duke [#permalink] New post 26 Apr 2011, 23:16
Thank you guys... I'm agonizing over this. Forget about the money... I just want a "wow" and I'm not getting it with Chicago! Disclaimer: I'm at a bar right now.

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Re: Chicago Booth vs. Duke [#permalink] New post 27 Apr 2011, 06:31
mbaa2011 wrote:
Thank you guys... I'm agonizing over this. Forget about the money... I just want a "wow" and I'm not getting it with Chicago! Disclaimer: I'm at a bar right now.

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At a bar, saying you are rich Duke kid might get you further hehe ... j/k
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Re: Chicago Booth vs. Duke [#permalink] New post 29 Apr 2011, 11:30
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I've gotta say, Booth should be the school that gets you the "wow" factor. In every MBA ranking out there Booth dominates Duke. Perhaps you need to walk around the bars with copies of Bloomberg's Businessweek.
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Re: Chicago Booth vs. Duke [#permalink] New post 29 Apr 2011, 11:41
I would pick Booth.
It has both Marketing and finance edge over Fuqua (this is my humble opinin though).
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Re: Chicago Booth vs. Duke [#permalink] New post 18 Feb 2012, 11:42
mbaa2011 wrote:
Hi there - I've been admitted to Booth (with no $) and to Fuqua (with $$), and I want to go to the better and more prestigious school. I'm not going to take a typical i-banking or consulting path post-MBA, I'm trying to decide b/n marketing, strategy/management, and corporate finance.

I thought Booth was the obvious choice, but not so sure any more. The one most annoying thing about the school is that nobody I've told has ever heard of it! I worked in public accounting, and I figured at least some people there would know what it is. If I told them I was going to an amazing school in Chicago, they all thought Kellogg. When I said it's University of Chicago, they clearly had never heard of it. That's with people who dab in business, let alone for all of my other friends.

So... provided that I don't want to work for McKinsey or a famous i-bank, is it still clear I should go to Chicago? I like there academic excellence - the teaching seems amazing. I went to a crappy undergrad, and I wanted to top it with a grad school with lots of recognition (and not just for other MBA's). I know it sounds superficial, but it is important to me.

Anyways - any words of advice? Duke or Chicago?


I went to U of C as an undergrad, which in its own right is a top 5 school, and would say you definitely run into people that have not heard of it (even in Chicago) or confuse it with UIC. It's annoying at times but frankly becomes an easy way to quickly judge how informed the person to whom you are speaking is. Not to insult your friends or work colleagues, but truly sophisticated business people are impressed with U of C and Booth in particular. Yes the person at the local hardware store may not have heard of it, but the SVP at Target or Amazon that is hiring you 2 years from now certainly has.

Booth certainly is a better school than awe from the general population dictates (although with its top 5 ranking it is still pretty damn prestigious) but you really shouldn't be selecting a school based on prestige anyway, especially when viewed by friends and family.

Quality of education, fit, and companies that recruit should all matter much more than having your friends validate your accomplishment.
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Re: Chicago Booth vs. Duke [#permalink] New post 19 Feb 2012, 09:24
batman28 wrote:
If one really thinks U of Chicago as an undergrad is among
the top 5 in the US, that person is living in a dream world
no matter what a ranking says (ignoring blatantly the very
fact that there are more than five ties).

What happened to H/Y/P/Stanford/Caltech/MIT/Columbia/
Upenn? (not necessarily in this order)

I already count 8. And there are also Brown, Cornell and
Dartmouth. Plus there are Berkeley, Michigan, and small
ivies, Cooper Union and many others many people would
favor over U of Chicago. If you ask your friends about
Berkeley, albeit ranked low for its undergrad and MBA,
I'm sure they know (rightfully so IMO).

Rankings can be deceiving in that it doesn't
measure selectivity only but faculty research in terms of
# of publications they produce no matter what quality,
library size, etc. I don't believe they measure reputation
or tradition or # of prominent alumni and other "soft"
advantages (because there is no quantitative measure
of these things, despite that a lot of people recognize
immediately).

Perception is reality. U of Chicago maxed out in its
current ranking for its mba program for sure (current
students should know it and those with a good head on
their shoulder can predict that) and will undoubtedly
fall from its current status sooner than later. No way
in hell it deserves to be #3 or 4 or 1 in the world albeit
its economics being very influential. Its research is
ass-kicking in many areas but it's only a matter of time
the rankings reflect its decline (I bet ya, a lot of Booth
or U of Chicago alumni, fans, admits, applicants, students
etc will attempt to say otherwise and take this as an offence).

It's unbelievable how Columbia is ranked so low while
with all due respect really it should be above Chicago
or Kellogg.

Take the rankings with a grain of salt. (But I'm surprised
your friends know Kellogg but not U of Chicago. If they
haven't heard of Booth, Kellogg must just be a cereal
to them, which indeed is the case for the majority of
people).

Having said that though, Duke is not "hotter" than
Chicago. I'd choose Chicago Booth over Duke. Both are
coming down no matter what. Only a matter of time.

P.S. I never applied to Booth or Kellogg. I'm not at all
affiliated with Columbia (except that my aunt studied
at Columbia more than 30 years ago). However, I
do have mad respect to Booth ph.d. Ph.d's are a
completely different story.

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Not to derail the conversation in debating the merits of U of C undergrad, but I give rankings are subjective. When I was there it was ranked 9th so maybe there are 8 schools ahead of it. I also studied Econ there, which is undeniably among the top in the world (with Stanford, Princeton, MIT, and Harvard in the mix). As someone that went there, and had friends that transferred into U of C from 3 of "clearly better" 8 schools you list, the ranking at 5 is justified, but certainly debatable. And yes, tied for 5th, is still 5th. I will not give you that Cornell, Dartmouth, or Brown for undergrad are anywhere close to any of the 8 schools or U of C. People have heard of Cal and Michigan (besides the fact that they are large states) because they have very large alumni bases and Division I sports. Both are great schools, but because a guy on the street has heard of them doesn't mean much. Hell, more people have heard of George Mason than U of C or CalTech because of the Final Four run a couple years ago. That really doesn't mean much. Currently, U of C has the most Nobel prizes of any US school, one behind Cambridge. That's sort of relevant when ranking schools.

Still, to be more on point, I don't know why you see the imminent decline of Booth. It has the third largest endowment of any business school, with a huge grant to name the school, has a main building that is six years old, is in a the second largest financial center in the U.S., and has one of the strongest alumni networks going. What exactly points to its certain downfall? Yes it may fall in the rankings but will be solidly in the top 7 or 8 for a long, long time. Peaking in its ranking (at 1, 3, or 4) is nothing to be ashamed of. Booth has its flaws and the culture is certainly not for everyone, but the same can be said for any business school.

Stanford and HBS are number 1 and 2, clearly. 3 through 10 are up for debate. But still, what does it really matter? If you are at a top 10 (or 20) school all major firms recruit there. It then becomes about the individual.

To get back to the question on Duke or Booth, it comes down to fit and goals. If the same company recruits at Duke and Booth, they will hire the best candidate, regardless of school.
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Re: Chicago Booth vs. Duke [#permalink] New post 05 Jun 2012, 02:31
Fuqua, of course.

But if you're down with Milton Friedman and his cohorts of that school of economics, then head Midwest.
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Re: Chicago Booth vs. Duke   [#permalink] 05 Jun 2012, 02:31
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