Owen (Vanderbilt) Class of 2016 Calling all applicants!

[qoute/]Just got a call from Vandy. I'm in with a 25k/year scholarship.

UNC would cost me 110k since they didn't offer me a scholarship, Vandy would cost me 42k. Lets see what happens with Ross.

What I feel like isn't discussed in your analysis is ROI. With a higher ranked school, wouldn't you have the benefit of making more money in the medium and long-term (assuming a scholarship makes a lower ranked school better in the short-term), and then possibly being able to settle down wherever you want because of the locational flexibility offered by attending a high-ranked school?[/quote]

Good question. But UNC to Vandy is nothing you are talking 25 - 20. The difference in pay is insignificant and the difference in career projection is also statistically insignificant. Even Cornell being in the Ivey league is realitively insignificant. I would say ross may get you into some boutique i.b. or consulting boutiques that unc and vandy won't. But, other than that it is pretty much the same. You are telling me you are going to make up 68K by choosing unc or ross over vandy... probably not. Now if you said harvard or wharton or standford I woud say maybe but not definitely. That 68k is after taxes and interest for two years at 6%. So you ar talking about having to make 100+K to pay that back. There is no way that you will make 100K more at unc or ross in a few years than vandy. And once you are in the work force it is about you not your mba that determines your salary.

Again the point comes to this outsdie the top 5 it doesnt matter. except if you start getting outside the top 25. but any top 25-10 school is pretty much the same. ross and unc do not offer that big of an advantage in my opion. UNC definitely not the two are peer schools. Look at every metric. avg GMAT avg GPA, acceptance, starting salary, bonus, core recruting, placement. you name it its the same. Ross a little better but nothing significant.

Plus if a school is going to pay you to go there they are probably going ot help you out as much as possible. They invested a ton of money in you they are not going to let you fail. I heard this from the old head of admissions at one of the schools you mentioned and we both are admitted to. " If we invest in you we track you more heavily and invest more in the outcome of where you end up. " Think about it you are there future marketing tool They see your potiental and want to capitalize on it.