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GMAT 1: 670 Q44 V37
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15 Mar 2014, 17:55
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A great question -- but one that is also fundamentally unanswerable by anyone on here!

What do the career stats suggest per school? What does your gut tell you? You have lofty goals -- are they worth $80K over 15 years (assuming 7% interest, 15 year payoff.) Disclosure -- I went to Fuqua. _________________ Brian Lange | Manhattan GMAT Instructor | North Carolina Manhattan GMAT Discount | Manhattan GMAT Course Reviews | View Instructor Profile Director Joined: 20 May 2013 Posts: 599 Location: United States Concentration: Strategy, Finance GMAT 1: 750 Q49 V44 Followers: 14 Kudos [?]: 276 [1] , given: 54 Re: Fuqua vs $$Jones [#permalink] ### Show Tags 15 Mar 2014, 20:26 1 This post received KUDOS Duke is easy choice if you want to do investment banking. Fuqua has strong investment banking recruiting, Rice has little to no recruiting in that area. VP Joined: 07 Apr 2009 Posts: 1183 Concentration: General Management, Strategy Schools: Duke (Fuqua) - Class of 2012 Followers: 35 Kudos [?]: 438 [1] , given: 19 Re: Fuqua vs$$ Jones [#permalink] ### Show Tags 17 Mar 2014, 06:21 1 This post received KUDOS Taking on such a large debt is always difficult. However, please consider the post-MBA average salary gap -- Fuqua's$112K, Jones' $101K, along with the cost of living differences. An additional hurdle you will have to jump is that you don't have investment banking experience, but want to get into that industry. It will be possible to make that switch at Fuqua, but it will be extremely difficult to do so from Jones. Director Joined: 20 May 2013 Posts: 599 Location: United States Concentration: Strategy, Finance GMAT 1: 750 Q49 V44 Followers: 14 Kudos [?]: 276 [1] , given: 54 Re: Fuqua vs $$Jones [#permalink] ### Show Tags 17 Mar 2014, 06:44 1 This post received KUDOS asimov wrote: Taking on such a large debt is always difficult. However, please consider the post-MBA average salary gap -- Fuqua's 112K, Jones' 101K, along with the cost of living differences. An additional hurdle you will have to jump is that you don't have investment banking experience, but want to get into that industry. It will be possible to make that switch at Fuqua, but it will be extremely difficult to do so from Jones. Just to further Asimov's point, on top of difference in starting salaries, also consider differences in salary progression. "Jones" caliber schools often leave you with jobs that basically get you cost-of-living raises for most of your career, Duke caliber schools get you jobs where you can realistically expect 10%+ salary increases. Manager Joined: 15 Sep 2013 Posts: 184 GMAT 1: 740 Q V0 Followers: 5 Kudos [?]: 78 [0], given: 12 Re: Fuqua vs$$ Jones [#permalink] ### Show Tags 18 Mar 2014, 04:22 djg5032 wrote: Hi, I wanted to get your opinion on choosing Fuqua vs Jones (Rice). The latter offered me a scholarship of$50k while Fuqua did not provide any assistance. Just going by rankings alone Fuqua is the correct choice, but I feel a bit hesitant in letting so much money go away, which is why I wanted to get your opinion on this matter.

I am an international candidate, and my preference would be to obtain a job in investment banking/sales and trading in any of the big bulge bracket firms. I don't particularly care about location, as long as I can get a job and stay in the USA after graduation. My work experience consists of 3 years in consulting at a corporate banking firm and 2 years in investment banking.

Given this information what do you guys think? My opportunity cost is to let go of $50k plus get significant debt at a considerable interest rate. Thanks. Fuqua, by a country-mile. Fuqua places into IBD quite well, whereas Rice not so much and certainly not in NYC without prior experience if at all. Manager Joined: 20 Jun 2011 Posts: 77 Concentration: Healthcare, Strategy Followers: 0 Kudos [?]: 22 [0], given: 24 Re: Fuqua vs $$Jones [#permalink] ### Show Tags 18 Mar 2014, 07:48 mgh234 wrote: asimov wrote: Taking on such a large debt is always difficult. However, please consider the post-MBA average salary gap -- Fuqua's 112K, Jones' 101K, along with the cost of living differences. An additional hurdle you will have to jump is that you don't have investment banking experience, but want to get into that industry. It will be possible to make that switch at Fuqua, but it will be extremely difficult to do so from Jones. Just to further Asimov's point, on top of difference in starting salaries, also consider differences in salary progression. "Jones" caliber schools often leave you with jobs that basically get you cost-of-living raises for most of your career, Duke caliber schools get you jobs where you can realistically expect 10%+ salary increases. I agree that Fuqua is on another level compared to Rice, but I do think that Rice graduates do better than cost of living increases for the rest of their careers especially given the schools ties to the energy sector Manhattan GMAT Instructor Joined: 01 Jul 2013 Posts: 195 Followers: 8 Kudos [?]: 28 [1] , given: 0 Re: Fuqua vs$$ Jones [#permalink] ### Show Tags 29 Mar 2014, 17:06 1 This post received KUDOS Expert's post Wanted to bring this thread back up again -- have you made any choices? Would love to know what you decided. Best, -Brian _________________ Brian Lange | Manhattan GMAT Instructor | North Carolina Manhattan GMAT Discount | Manhattan GMAT Course Reviews | View Instructor Profile Intern Joined: 22 Feb 2013 Posts: 6 GMAT 1: 670 Q44 V37 Followers: 0 Kudos [?]: 1 [0], given: 5 Re: Fuqua vs $$Jones [#permalink] ### Show Tags 03 Apr 2014, 19:30 brianlange77 wrote: Wanted to bring this thread back up again -- have you made any choices? Would love to know what you decided. Best, -Brian I decided to enroll at Fuqua. It was a tough decision as I also got a considerable amount of scholarship money for IU - Kelley. But my decision boiled down to talking to current students, alumni, professors and career resources staff. Basically, the odds of getting an investment banking job, even for an international student are quite high at Fuqua, and not many students go for this industry as compared to consulting. Also, pretty much all the bulge bracket firms go on campus to recruit, while at Jones or Kelley, that just does not happen and would put me at a tremendous disadvantage. My two concerns going forward: when talking with current students on the investment banking path, professionals in the industry and career staff, I have to decide whether I want to retake the GMAT. My latest score was 670, and that will immediately eliminate me from JP Morgan and Goldman Sachs. I get mixed advice on whether I should retake the exam, as some people recommend that I focus on getting a really good GPA, while others suggest I retake it. My second concern is in regards to getting scholarships. I am currently applying to a couple of scholarships, and it feels like I am applying to schools all over again. I have been stressed out since March last year on this whole process, so I have got some crucial decisions to make, not to spread myself too thin before I start my MBA at Duke. I wanted to thank you all for your posts as I truly valued what you had to say and certainly influenced my decision. Last edited by djg5032 on 04 Apr 2014, 06:23, edited 1 time in total. Manager Joined: 11 Oct 2013 Posts: 64 Concentration: Healthcare, Finance Followers: 1 Kudos [?]: 5 [0], given: 3 Re: Fuqua vs$$ Jones [#permalink] ### Show Tags 04 Apr 2014, 06:03 djg5032 wrote: brianlange77 wrote: Wanted to bring this thread back up again -- have you made any choices? Would love to know what you decided. Best, -Brian I decided to enroll at Fuqua. It was a tough decision as I also got a considerable amount of scholarship money for IU - Kelley. But my decision boiled down to talking to current students, alumni, professors and career resources staff. Basically, the odds of getting an investment banking job, even for an international student are quite high at Fuqua, and not many students go for this industry as compared to consulting. Also, pretty much all the bulge bracket firms go on campus to recruit, while at Jones or Kelley, that just does not happen and would put at a tremendous disadvantage. My two concerns going forward: when talking with current students on the investment banking path, professionals in the industry and career staff, I have to decide whether I want to retake the GMAT. My latest score was 670, and that will immediately eliminate me from JP Morgan and Goldman Sachs. I get mixed advice on whether I should retake the exam, as some people recommend that I focus on getting a really good GPA, while others suggest I retake it. My second concern is in regards to getting scholarships. I am currently applying to a couple of scholarships, and it feels like I am applying to schools all over again. I have been stressed out since March last year on this whole process, so I have got some crucial decisions to make, not to spread myself too thin before I start my MBA at Duke. I wanted to thank you all for your posts as I truly valued what you had to say and certainly influenced my decision. Hey - congrats on the admit. Even I've heard that I-banks require 700 plus GMAT score (crazy, isnt it????) - - makes me wonder if solving a few geometry questions speaks of someone's analytical abilities! But, that's the way it is. My advice is that you should prepare for the GMAT and re-take the exam before the school starts By the way, where are you presently located? Intern Joined: 22 Feb 2013 Posts: 6 GMAT 1: 670 Q44 V37 Followers: 0 Kudos [?]: 1 [0], given: 5 Re: Fuqua vs $$Jones [#permalink] ### Show Tags 04 Apr 2014, 06:26 pharmaguy wrote: djg5032 wrote: brianlange77 wrote: Wanted to bring this thread back up again -- have you made any choices? Would love to know what you decided. Best, -Brian I decided to enroll at Fuqua. It was a tough decision as I also got a considerable amount of scholarship money for IU - Kelley. But my decision boiled down to talking to current students, alumni, professors and career resources staff. Basically, the odds of getting an investment banking job, even for an international student are quite high at Fuqua, and not many students go for this industry as compared to consulting. Also, pretty much all the bulge bracket firms go on campus to recruit, while at Jones or Kelley, that just does not happen and would put at a tremendous disadvantage. My two concerns going forward: when talking with current students on the investment banking path, professionals in the industry and career staff, I have to decide whether I want to retake the GMAT. My latest score was 670, and that will immediately eliminate me from JP Morgan and Goldman Sachs. I get mixed advice on whether I should retake the exam, as some people recommend that I focus on getting a really good GPA, while others suggest I retake it. My second concern is in regards to getting scholarships. I am currently applying to a couple of scholarships, and it feels like I am applying to schools all over again. I have been stressed out since March last year on this whole process, so I have got some crucial decisions to make, not to spread myself too thin before I start my MBA at Duke. I wanted to thank you all for your posts as I truly valued what you had to say and certainly influenced my decision. Hey - congrats on the admit. Even I've heard that I-banks require 700 plus GMAT score (crazy, isnt it????) - - makes me wonder if solving a few geometry questions speaks of someone's analytical abilities! But, that's the way it is. My advice is that you should prepare for the GMAT and re-take the exam before the school starts By the way, where are you presently located? Thanks for your comments. I am located in El Salvador. 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