Last visit was: 25 Apr 2024, 14:05 It is currently 25 Apr 2024, 14:05

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.
Close
Request Expert Reply
Confirm Cancel
Tags:
Find Similar Topics  Add a Tag
Show Tags
Hide Tags
avatar
Intern
Intern
Joined: 10 Nov 2013
Posts: 14
Own Kudos [?]: 7 [0]
Given Kudos: 1
Location: United States
Concentration: General Management, Finance
GMAT 1: 740 Q50 V41
GPA: 3.8
WE:Corporate Finance (Real Estate)
Send PM
avatar
Manager
Manager
Joined: 13 Jan 2013
Posts: 148
Own Kudos [?]: 36 [2]
Given Kudos: 43
Send PM
avatar
Director
Director
Joined: 20 May 2013
Posts: 602
Own Kudos [?]: 315 [0]
Given Kudos: 54
Location: United States
Concentration: Strategy, Finance
GMAT 1: 750 Q49 V44
Send PM
avatar
Intern
Intern
Joined: 11 Jan 2013
Posts: 47
Own Kudos [?]: 13 [0]
Given Kudos: 4
Concentration: Entrepreneurship, Strategy
GMAT 1: 760 Q51 V41
GPA: 3.55
WE:Consulting (Energy and Utilities)
Send PM
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
This really depends on you... debt will stress you out but Darden will certainly open more doors and present at least a wider array (if not better) opportunities, plus your peer network on average will be slightly more advanced in corporate settings as your career progresses. I faced a similar choice last year around this time and bet on myself being able to leverage the wider network with no regrets at the moment.
avatar
Manager
Manager
Joined: 06 Jun 2011
Posts: 149
Own Kudos [?]: 32 [1]
Given Kudos: 25
Concentration: Entrepreneurship, Marketing
GMAT 1: 730 Q48 V42
GPA: 3.5
Send PM
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
1
Kudos
If you're going into CorpFin, take the scholarship and run. Think about how much it's worth pre-tax. Also, looking at the BC employment report. Lots of great companies recruit there, and I guarantee you there is much overlap between BC and UVA when it comes to CorpFin opportunities. Don't let people who are obsessed with brand name talk you into spending over $120k for the same outcome.
User avatar
Senior Manager
Senior Manager
Joined: 25 Jun 2012
Posts: 381
Own Kudos [?]: 209 [0]
Given Kudos: 13
Concentration: General Management
Send PM
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
BCs reputation is very regional. If you want to stay in Boston, take the scholarship. If not, go with the stronger brand that will give you more opportunities.

Posted from my mobile device
User avatar
Intern
Intern
Joined: 13 Mar 2012
Posts: 43
Own Kudos [?]: 8 [0]
Given Kudos: 2
Location: United States
Concentration: Finance, Healthcare
GMAT 1: 680 Q41 V41
GPA: 3.02
Send PM
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
Go to Darden, it'll be much easier to get into high finance from there.
Intern
Intern
Joined: 27 Oct 2019
Posts: 29
Own Kudos [?]: 8 [0]
Given Kudos: 2
Location: Korea, Republic of
GPA: 3.44
Send PM
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
Posted from my mobile device
Senior Manager
Senior Manager
Joined: 28 Apr 2019
Posts: 256
Own Kudos [?]: 76 [0]
Given Kudos: 36
Send PM
Tier 1 vs Tier 2 with 100% scholarship [#permalink]
That is harsh! Don’t fall for those rankings and directionally challenged poets & quants reports.

So I have a friend who went to University of Pittsburgh for MBA ~50% scholarship. He had an admit from Duke too. He decided to take university of Pittsburgh.

Now he wanted to be an investment banker and wanted to be in private equity and play in the big league as bankers from Wharton, Stern, Booth. He decided to get a CFA and that CFA got him his internships and he was an investment banker with Jeffries, Goldman Sachs and now he’s in private equity

CFA + MBA = Golden, MBA gets your foot in he door with your target companies and CFA validates your capability

Talk to people who’ve succeeded going to schools other than the target schools and the path they took. CFA has solid credibility in the finance business, be it corporate finance or investment banking or private equity. DM me, I’ll share my friends LinkedIn for you to cyber snoop or connect with him.

On a separate note, UVA is a consulting school-not a banking or tech school (with many other schools being better than UVA at consulting recruiting) It may become a tech school with Amazon moving into the hood and other tech companies wanting to set shop.

Posted from my mobile device

Originally posted by JohnJohnJ on 29 Nov 2019, 01:29.
Last edited by JohnJohnJ on 29 Nov 2019, 03:02, edited 1 time in total.
Founder
Founder
Joined: 04 Dec 2002
Posts: 37309
Own Kudos [?]: 72886 [1]
Given Kudos: 18867
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3
Send PM
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
1
Kudos
Expert Reply
With jobs being plenty the brand of the school has less of a play or influence in being able to recruit, at least for the US Applicants.

For international applicants, where going back home is a potential issue thanks for the ever-changing chaotic H1B policies, you probably don't want to land back in France/India/China/Australia and expect anything out of the U of Pittsburgh diploma. Having one from Yale or Oxford would be significantly more helpful for recruiting.

In terms of the specialty and highly competitive fields such as PE and IBanking, those are heavily networked positions that require networks, connections, and special access. Few MBA programs will grant that since they won't be too impressed with even HBS and GSB.

In summary, if you are recruiting into a special interest area, that no schools offer on-campus recruiting to or shortcuts, MBA brand matters a lot less. The same applies if you have a strong network to land a job.
GMAT Club Bot
Re: Tier 1 vs Tier 2 with 100% scholarship [#permalink]
Moderator:
Admitted - Which School Forum Moderator
1131 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne