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I would really appreciate some advice/thoughts from you. I have been fortunate enough to have an offer from Sloan and Booth and do not know which one to go with. I am from a country in Europe where MBA’s are not commonplace and therefore not many people have a major insight into the programs.
My long-term goal is to get into VC via management consulting. Reason I want to go the consulting route as opposed to going straight for VC is that I know it is a very difficult industry to get into and at least I will always have some consulting experience to fall back on if it doesn’t work out.
I do intend on returning to my home country in approx. 10 years or so and acknowledge that MIT is probably a bigger brand outside the US but I think it will be what I did post MBA that will be of most value to me on returning home as opposed to which B-school I went to.
I think I would prefer Chicago as a B-School, both in terms of the city and my experience between the two schools whilst attending my interview but on the other hand I appreciate that VC is much bigger in Boston that Chicago and as MIT is very start-up/tech orientated, perhaps I would be better-off going there. I also think I prefer the curriculum at MIT.
My heart says Booth but my head says MIT but then when I go to decide on MIT I think back to Booth’s reputation of probably being a better as a B-school in the US which again causes me to question my decision.
I know how lucky I am to have two offers and that there probably is no wrong decision but given that I have very little in terms of a resource bank in my country to question any of the above matters I am really stuck for help.
Given a possible 3 year career in consulting will dilute any VC connections I could potentially build in Boston I am wondering am I just better off to try and place myself on the West Coast post MBA for consulting and build me network from that.
Also is Booth really more highly regarded in the US than Sloan, many independent people I have had brief conversations with seemed to think so.
Booth is probably the better choice. Without prior experience at a top tier i-bank/PE firms prior to business school, you're not going to be able to build any major VC connections while in school. Booth will have more impressive finance students, which will help your network more if/when you want to move into VC after MC. Wouldn't worry about the fact you want to move home in 10 years...your work experience will be infinitely more important than your bschool at that points.
Prestige wise, Booth is generally considered a little better than Sloan, but there are certainly people who think Sloan is better. You can see the aggregate rankings here (with USnews and Businessweek considered the most valid): http://poetsandquants.com/2013/12/02/po ... of-2013/3/
The top MC firms recruit heavily from both Booth and Sloan too, so just go to the school you like better, which in your case, is Booth.
I would also go with Booth. It is very highly regarded and you simply like it better. Either school, however, will position you well enough to get a shot at interviewing with a top consulting firm. _________________