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

It is currently 24 Oct 2014, 01:34

Close

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
Your Progress

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

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

MIT Sloan vs. Wharton/Lauder($) reboot

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Manager
Manager
avatar
Joined: 22 Jun 2012
Posts: 53
GMAT 1: 730 Q49 V40
Followers: 2

Kudos [?]: 15 [0], given: 6

MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 11 Apr 2013, 22:24
Hi there,

I had the chance to be admitted at both Wharton and MIT! But i'm getting more trouble then I thought to decide which school to chose.

I seek to continue my career in consulting/energy/start-up in new economies, it seems that both schools have similar opportunities in this field following graduation with an edge for MIT on the energy topics, while W may have an edge concerning new economies and as a general MBA.

Sloan: I believe I am a much better fit, i'd love to live in Boston for 2 years, and the MIT brand is known by anyone especially in tech. But if I can't get a family housing on campus I'll be toast.
> I'll spend 2 great years in Cambridge, I think

Wharton: has much better prestige in terms of rankings, + Lauder seems great to complete my knowledge (I got a scholarship for Lauder) but poor brand awareness outside MBAs/bankers and americans. Also I do not like Philly (though my opinion is based on a single day impression), + classes start in 2 weeks and I'll have to cancel a lot of plans (some important, some not) for the next few months...
> The prestige/rank/network of W can be a better asset on the long term though I my not have 2 fun years.

Would love to get other gmatclubbers opinion on that!
Kaplan Promo CodeKnewton GMAT Discount CodesManhattan GMAT Discount Codes
Current Student
User avatar
Joined: 26 May 2010
Posts: 694
Location: United States (MA)
Concentration: Strategy
Schools: MIT Sloan - Class of 2015
WE: Consulting (Mutual Funds and Brokerage)
Followers: 16

Kudos [?]: 193 [0], given: 628

Premium Member
Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 12 Apr 2013, 04:22
Out of curiosity, why do you feel you need family housing on campus? I live in the Boston area now and there are many great neighborhoods in the area. In fact, lots of Sloanies live off campus (I don't know a single person who is planning to live on campus, for example).
2 KUDOS received
Intern
Intern
avatar
Joined: 17 Feb 2010
Posts: 17
GMAT 1: 760 Q49 V46
GPA: 3.47
WE: Other (Other)
Followers: 0

Kudos [?]: 13 [2] , given: 1

Reviews Badge
Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 16 Apr 2013, 13:42
2
This post received
KUDOS
I'll give you another perspective: the long term brand difference / prestige disappears very quickly. I'm choosing b/w Columbia and Wharton and almost everyone I've talked to (experienced managers / former McKinsey partners who hire top-tier MBAs) says the difference in negligible and that it disappears after you've been in your job for a year or two.

I understand the pull of prestige, but it sounds like you want to go to Sloan. I think you'd be crazy not to, as long as you've done your research on the specific merits of the programs and how they relate to your goals. It's two years of your life - your personal satisfaction counts for a lot.

That said - hopefully you had a chance to visit both schools. I actually really liked Philly once I visited (good restaurants, very walkable, good arts scene, reasonable cost of living vs. NYC), but the Wharton bubble felt very insular. I spent a few days there and am now leaning toward Columbia. You may have a different impression once you spend a few days there.
Intern
Intern
avatar
Joined: 26 Jul 2010
Posts: 25
Followers: 2

Kudos [?]: 19 [0], given: 2

Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 17 Apr 2013, 13:58
Hey -
So I visited Sloan last week - loved it. I think you said it right, everyone I spoke to said they were having two best years of their life.

I will be heading down to Wharton tomorrow for a visit as well. I will let you know how it goes.

Check out my write up on Sloan visit: http://writingintransit.wordpress.com/2 ... mit-sloan/
Manager
Manager
avatar
Joined: 22 Jun 2012
Posts: 53
GMAT 1: 730 Q49 V40
Followers: 2

Kudos [?]: 15 [0], given: 6

Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 17 Apr 2013, 20:58
Mbainvestor wrote:
I'll give you another perspective: the long term brand difference / prestige disappears very quickly. I'm choosing b/w Columbia and Wharton and almost everyone I've talked to (experienced managers / former McKinsey partners who hire top-tier MBAs) says the difference in negligible and that it disappears after you've been in your job for a year or two.

I understand the pull of prestige, but it sounds like you want to go to Sloan. I think you'd be crazy not to, as long as you've done your research on the specific merits of the programs and how they relate to your goals. It's two years of your life - your personal satisfaction counts for a lot.

That said - hopefully you had a chance to visit both schools. I actually really liked Philly once I visited (good restaurants, very walkable, good arts scene, reasonable cost of living vs. NYC), but the Wharton bubble felt very insular. I spent a few days there and am now leaning toward Columbia. You may have a different impression once you spend a few days there.

Thanks for this very insightful comment.

As an international applicant, who unfortunately didn't have the chance to visit either schools, I have a very hard time translating what the difference in ranking means in real life (again Wharton seems totally unknown in Asia unless you talk to bankers).

As I understand it, I will have pretty much the same career chances with either school (nb. I'm not interested in PE/VC/IB). So the question is, how big is the additional prestige at W (and twice bigger alumni base) and will it pay-off in 10 years the drawback of being in an environment that I will, ceteris paribus, enjoy much less in 2 years (I'm assuming that classes are at the same level, though the faculty at Sloan seems stellar+++).

What you say is very interesting, and assuming that is true, I guess I should go for MIT, I will have much less regrets going there.
Moderator
Moderator
User avatar
Joined: 02 Jul 2012
Posts: 1227
Location: India
Concentration: Strategy
GMAT 1: 740 Q49 V42
GPA: 3.8
WE: Engineering (Energy and Utilities)
Followers: 67

Kudos [?]: 717 [0], given: 116

Premium Member
Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 17 Apr 2013, 21:18
I do not agree that Sloan has a greater brand recognition in Asia than Wharton does.. While the same may be true for MIT against UPenn.. But still UPenn has the "ivy league" brand name... So not much difference in prestige... Moreover a scholarship would look quite impressive on your job resume.. Even after considering these factors, if you are still leaning towards Sloan, then obviously that is where your heart is....
Anyway, a great situation to be in... All the best.. :)
_________________

Did you find this post helpful?... Please let me know through the Kudos button.

Thanks To The Almighty - My GMAT Debrief

GMAT Reading Comprehension: 7 Most Common Passage Types

1 KUDOS received
Intern
Intern
avatar
Joined: 26 Jul 2010
Posts: 25
Followers: 2

Kudos [?]: 19 [1] , given: 2

Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 18 Apr 2013, 13:11
1
This post received
KUDOS
Just finished Wharton campus visit and I was quite disappointed. The events were poorly organized, the city looks run down, and the prof didnt even know what her slides meant- that too in a cap markets class...

I missed out on the pub event at night which I heard was supposed to be the best thing, but really made me question even applying to Wharton....

Posted from my mobile device Image
1 KUDOS received
Intern
Intern
avatar
Joined: 17 Feb 2010
Posts: 17
GMAT 1: 760 Q49 V46
GPA: 3.47
WE: Other (Other)
Followers: 0

Kudos [?]: 13 [1] , given: 1

Reviews Badge
Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 21 Apr 2013, 06:13
1
This post received
KUDOS
duriangris wrote:
Mbainvestor wrote:
I'll give you another perspective: the long term brand difference / prestige disappears very quickly. I'm choosing b/w Columbia and Wharton and almost everyone I've talked to (experienced managers / former McKinsey partners who hire top-tier MBAs) says the difference in negligible and that it disappears after you've been in your job for a year or two.

I understand the pull of prestige, but it sounds like you want to go to Sloan. I think you'd be crazy not to, as long as you've done your research on the specific merits of the programs and how they relate to your goals. It's two years of your life - your personal satisfaction counts for a lot.

That said - hopefully you had a chance to visit both schools. I actually really liked Philly once I visited (good restaurants, very walkable, good arts scene, reasonable cost of living vs. NYC), but the Wharton bubble felt very insular. I spent a few days there and am now leaning toward Columbia. You may have a different impression once you spend a few days there.

Thanks for this very insightful comment.

As an international applicant, who unfortunately didn't have the chance to visit either schools, I have a very hard time translating what the difference in ranking means in real life (again Wharton seems totally unknown in Asia unless you talk to bankers).

As I understand it, I will have pretty much the same career chances with either school (nb. I'm not interested in PE/VC/IB). So the question is, how big is the additional prestige at W (and twice bigger alumni base) and will it pay-off in 10 years the drawback of being in an environment that I will, ceteris paribus, enjoy much less in 2 years (I'm assuming that classes are at the same level, though the faculty at Sloan seems stellar+++).

What you say is very interesting, and assuming that is true, I guess I should go for MIT, I will have much less regrets going there.


I'm not an expert. I'm trying to make the same decision. But put yourself in a hiring manager's shoes: two people, both 3 years out of school. Do you think the hiring manager will be thinking about Sloan vs. Wharton or what they've accomplished in the past three years + their back history of experience? I just can't believe (and this has been validated by everyone I've spoken to) that the Wharton guy has any advantage just because of the brand. You're talking about two top-tier schools and your experience and accomplishments will very quickly mean more. That said, I think it probably matters more for your first job out of school, but still not a hell of a lot.

If you want to do something start-up related, I would think MIT is the better choice. The connections between the MBA program and the other schools at MIT are supposedly very high quality, giving you opportunities to work on new ventures with biotech guys or engineers.
Manager
Manager
avatar
Joined: 02 Jan 2013
Posts: 62
Followers: 2

Kudos [?]: 13 [0], given: 129

Premium Member
Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 21 Apr 2013, 06:30
duriangris wrote:
Sloan: I believe I am a much better fit, i'd love to live in Boston for 2 years,


I think this seals it. Your heart seems set on Boston. :-)
2 KUDOS received
Intern
Intern
avatar
Joined: 16 Dec 2012
Posts: 18
Followers: 0

Kudos [?]: 25 [2] , given: 0

Re: MIT Sloan vs. Wharton/Lauder($) reboot [#permalink] New post 23 Apr 2013, 04:25
2
This post received
KUDOS
MacFauz wrote:
I do not agree that Sloan has a greater brand recognition in Asia than Wharton does.. While the same may be true for MIT against UPenn.. But still UPenn has the "ivy league" brand name... So not much difference in prestige... Moreover a scholarship would look quite impressive on your job resume.. Even after considering these factors, if you are still leaning towards Sloan, then obviously that is where your heart is....
Anyway, a great situation to be in... All the best.. :)


Interesting point you make about the so-called "Ivy League brand name" that gives Wharton an advantage over Sloan. I think this is not a credible way to view these two top tier schools at all. The truth about the Ivy League is that it pertains very much to undergraduate education, and even for that people hardly look beyond HYP. Columbia and Upenn are thrown into the mix every now and then. The rest: Brown, Dartmouth and Cornell are on the fringes, and they are those who like to tout their Ivy League credentials. The big three pretty much see themselves as "the big boys" whom the other five like to name drop....

Truth is that at a graduate level (MBA in this case), the reputations of schools are based on how "good" (selectivity, career prospects, recruiting, salaries, etc), these schools are, and not on some arbitrary affiliation with some undergraduate programs. Maybe I am saying this because I am a bit biased, having attended undergrad at HYP, but frankly, I don't think most of that undergraduate prestige really rubs off graduate programs directly. The track record/prestige of those graduate programs comes from how strong those programs are, and not because they are affiliated to The Ancient Eight.

In short, HBS never touts its Ivy League credentials. Why? Because it is HBS. Also, because, it is (one of) the best program(s) in the world- it being a part of the Ivy League is just a small, insignificant part of its story. Likewise, no sensible employer is going to gaga over Cornell or Tuck (and thumb its nose at Booth), just because the first two are Ivy League and the latter is not.

In summary: you are better off going to a top school that fits your career aspirations and individuality, than picking one over the other due to a non-existent Ivy League prestige value. Of course, this only applies when we are talking about the top 10-13 or so schools- you should totally choose Cornell over say a Tepper, because Johnson is an Ivy League school, for what it's worth....
Re: MIT Sloan vs. Wharton/Lauder($) reboot   [#permalink] 23 Apr 2013, 04:25
    Similar topics Author Replies Last post
Similar
Topics:
3 Experts publish their posts in the topic Kellogg with $$$ vs Wharton/Lauder MBA2016MBA 23 03 Apr 2014, 07:42
4 Experts publish their posts in the topic Wharton-Lauder vs MIT vs Yale vs Duke Latam 17 04 Jan 2014, 23:56
6 Columbia vs. MIT Sloan 64 14 30 Jan 2013, 07:19
Columbia vs MIT Sloan djdan 16 20 Nov 2007, 10:37
Display posts from previous: Sort by

MIT Sloan vs. Wharton/Lauder($) reboot

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.