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Michigan or Cornell w/ $$$

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Michigan or Cornell w/ $$$ [#permalink] New post 22 Mar 2011, 19:44
Hi,

First, I want to acknowledge that I know how lucky I am for being accepted by both schools. They are great schools and I can't express how thankful I am. They both have amazing student body, great resource and beautiful campus. Here's the situation that I need your help:

I was accepted by Ross with no money while Johnson gave me $30K/year scholarship. I was initially ready to go to Ross until Cornell's scholarship news today. Since I plan to work in London upon graduation, some people suggested that I go with Cornell because of its name in Europe while others told me that I should stick with Ross because of its MBA ranking (though I personally don't think top 10, 15, 20 make any difference)....

Many many thanks for reading this post.
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Re: Michigan or Cornell w/ $$$ [#permalink] New post 23 Mar 2011, 03:54
longwait wrote:
Hi,

First, I want to acknowledge that I know how lucky I am for being accepted by both schools. They are great schools and I can't express how thankful I am. They both have amazing student body, great resource and beautiful campus. Here's the situation that I need your help:

I was accepted by Ross with no money while Johnson gave me $30K/year scholarship. I was initially ready to go to Ross until Cornell's scholarship news today. Since I plan to work in London upon graduation, some people suggested that I go with Cornell because of its name in Europe while others told me that I should stick with Ross because of its MBA ranking (though I personally don't think top 10, 15, 20 make any difference)....

Many many thanks for reading this post.


If it was Harvard or Stanford, then I think the ranking difference would be meaningful, but in this case I'm not so sure.

If I was you, I would decide based on: (a) Your career goals: which one will give you a better network in your desired field? (b) Reputation: do people who don't obsess over rankings and other details (like us GC folks) perceive a difference in the b-schools? Or will they just hear Michigan and Cornell? (c) Cost: $60K isn't anything to sneeze at. I think many people who have completed their MBA would tell you that the debt is a bigger deal than you think beforehand. (d) Most importantly, fit: what does your gut tell you after having visited?

My vote is Cornell w/ $$$ hands down. But I'm going to Cornell, so I'm not unbiased :)
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Re: Michigan or Cornell w/ $$$ [#permalink] New post 23 Mar 2011, 04:37
longwait,

Congratulation on admits to both fine BSchools, what a lovely choice you have to make. You haven't mentioned your post MBA function/sector goals. There isn't that much difference in terms of ranking, students between R and C to ignore $30K a year. It is very generous of C and you won't have to take loan and pay it back. Take the money and go to C for a great education. What Ross can do, Cornell can do as well with $.

Are you US or British applicant? I think the alumni network of both Ross and Johnson are really thin in Europe. Ross takes 2% Euros in its class and Johnson 3%. You are nowhere in strong alumni territory of CBS, W or Booth.
Re: Michigan or Cornell w/ $$$   [#permalink] 23 Mar 2011, 04:37
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