Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 26 Aug 2016, 23:29

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

### Show Tags

25 Mar 2013, 14:59
I've been accepted at both schools and am interested in either MC or IB. I would be happy in any of the major East coast cities post MBA. I visited Fuqua and thought the atmosphere was great, but am not sure about the small town feel. I like NYC but have never lived there. Is there enough of an alumni network/ name recognition advantage to justify the inancial outlay at Columbia? I won't need to borrow much to attend Columbia, but obviously I'll have cash in my pocket if I go to Fuqua.
Manager
Status: CBS - Class of 2015
Joined: 05 Sep 2012
Posts: 147
Location: United States
Followers: 1

Kudos [?]: 25 [0], given: 96

Re: Columbia vs Fuqua ($) [#permalink] ### Show Tags 25 Mar 2013, 15:49 Tbird08 wrote: I've been accepted at both schools and am interested in either MC or IB. I would be happy in any of the major East coast cities post MBA. I visited Fuqua and thought the atmosphere was great, but am not sure about the small town feel. I like NYC but have never lived there. Is there enough of an alumni network/ name recognition advantage to justify the inancial outlay at Columbia? I won't need to borrow much to attend Columbia, but obviously I'll have cash in my pocket if I go to Fuqua. is it a full ride to duke? how much$?
Intern
Joined: 25 Mar 2013
Posts: 2
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: Columbia vs Fuqua ($) [#permalink] ### Show Tags 25 Mar 2013, 16:02 old1442 wrote: Tbird08 wrote: I've been accepted at both schools and am interested in either MC or IB. I would be happy in any of the major East coast cities post MBA. I visited Fuqua and thought the atmosphere was great, but am not sure about the small town feel. I like NYC but have never lived there. Is there enough of an alumni network/ name recognition advantage to justify the inancial outlay at Columbia? I won't need to borrow much to attend Columbia, but obviously I'll have cash in my pocket if I go to Fuqua. is it a full ride to duke? how much$?

Basically. Close enough that I will incur virtually no debt.
Current Student
Joined: 31 Oct 2011
Posts: 484
Schools: Johnson '16 (M)
GMAT 1: 690 Q45 V40
WE: Asset Management (Mutual Funds and Brokerage)
Followers: 38

Kudos [?]: 215 [0], given: 57

### Show Tags

25 Mar 2013, 18:42
Congratulations on an amazing job getting into 2 tough programs!
Your situation is enviable. By the way, You should add both Fuqua and Columbia to your profile by the way - that would be nice for our record keeping purposes

There are 2 elements involved with most decisions:
1. Tangible - hard dollars
2. Intangible - emotional attachment to a school

It looks like #2 is not present here and you will go to any school based on a hard financial decision (rarely true but still).

Here is a quick comparison by looking at the US News latest stats:

Rankings:
Columbia - #8
Fuqua - #11

Employment Rate:
Columbia - 77%
Fuqua - 87%

Columbia - 135K
Fuqua - 136K

IB /MC Stats:
Columbia:
Number reporting finance/accounting jobs 233
Finance/accounting low salary $15,000 Finance/accounting average salary$111,193
Finance/accounting high salary $240,000 Fuqua: Number reporting finance/accounting jobs 71 Finance/accounting low salary$36,000
Finance/accounting average salary $103,176 Finance/accounting high salary$218,000

I feel it is close enough to where I would have taken a scholarship without much thought, esp if you don't care to live in NYC (which will be more expensive to live in than NC during school and after graduation), and if you are going to take a job in Finance in Miami, PHL, or Boston, I am not sure that it matters to be in NYC and rely on the program.

The only areas of weakness in my logic/reasoning (that I can see - others are welcome to poke holes at it, hence this forum), is that if there is a specific employer that recrutis at CBS but not at Fuqua, if you are easily into IB/MC while attending CBS, or if you want to stay in NYC post work. In those 3 case, I would vote for Columbia since being out of work or not finding a good job right away, can cost you $100K in the first two years - easily. Area that strengthens my claim is that you will have 71 people to compete with for Fiance jobs at Fuqua vs. 230 at CBS, though with a lower average salary, but as mentioned above if you have to live in NYC for that salary, that's almost less.... To get your mind at ease about IB/MC job prospects after graduation (I don't have those stats), I would recommend picking up a guide about each school or researching placements into your specific area with the career centers. Admissions should be able to either get you the numbers or get you in touch with the right people. _________________ Founder of GMAT Club US News 2008 - 2017 Rankings progression - New! Just starting out with GMAT? Start here... Need GMAT Book Recommendations? Best GMAT Books Co-author of the GMAT Club tests GMAT Club Premium Membership - big benefits and savings VP Joined: 23 Mar 2011 Posts: 1113 Concentration: Healthcare, Strategy Schools: Duke '16 (M) Followers: 78 Kudos [?]: 488 [0], given: 463 Re: Columbia vs Fuqua ($) [#permalink]

### Show Tags

25 Mar 2013, 21:02
congratulations and a tough decision.

I will agree to what bb has said above. He raises some very valid points (with facts). Also, do factor in a relative ease in recruitment at Fuqua because you can put down  on your resume.

good luck and let us know where you decide to matriculate.
Re: Columbia vs Fuqua ($) [#permalink] 25 Mar 2013, 21:02 Similar topics Replies Last post Similar Topics: 5 Columbia ($) vs. Kellogg (no $) vs. Fuqua ($$) for consulting? 21 03 Feb 2015, 23:44 14 CBS vs Fuqua () 25 05 Jan 2014, 07:19 7 Fuqua or Columbia for Marketing? 12 05 Feb 2013, 20:03 2 Fuqua vs. Kenan Flagler($$$) 10 28 Apr 2012, 16:56
Wharton vs Fuqua 19 02 Apr 2012, 11:27
Display posts from previous: Sort by