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Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
03 Mar 2011, 18:48
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phillypointgod21
Something for $1k for a studio? That would be fantastic. Although, would that be pushing up to the Harlem area?
03 Mar 2011, 19:02
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Hey guys...I am new to this forum. I have enjoyed reading everyone's posts and appreciate all the information sharing.
Columbia was the first school I was admitted to and since then I have pretty much had my heart set on going there. However, today I found out I got into NYU with a full scholarship. While I still believe going to Columbia would be amazing, I can't overlook the reality that going to NYU would eliminate $100k in debt off my tab.
I am really torn over this decision between two great schools. I thought it would be helpful to gather some feedback on this forum. I know everyone here is going to lean toward Columbia, but I do too so that is why I wanted to post this topic here.
I appreciate any feedback/advice you can provide.
Posted from my mobile device
Columbia was the first school I was admitted to and since then I have pretty much had my heart set on going there. However, today I found out I got into NYU with a full scholarship. While I still believe going to Columbia would be amazing, I can't overlook the reality that going to NYU would eliminate $100k in debt off my tab.
I am really torn over this decision between two great schools. I thought it would be helpful to gather some feedback on this forum. I know everyone here is going to lean toward Columbia, but I do too so that is why I wanted to post this topic here.
I appreciate any feedback/advice you can provide.
Posted from my mobile device
04 Mar 2011, 07:46
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CPAtoMBA
Hi CPAtoMBA!
CONGRATULATIONS on the full scholarship!! Thats AMAZING! You should be so proud of yourself
As much as I love Columbia, if I were you, I would honestly take the full scholarship and go to NYU. Not having $100k+ in debt is a huge blessing that is hard to pass up. And in reality, when you graduate from bshcool, you are likely to have around $140-$160k in loans (don't forget room and board) which is a huge sum of money that you will be paying off for a good number of years. Think of what you can do with that $100k. Your options are graduating with $40-$60k vs $140-$160k...I think its a no-brainer given that Stern is very highly regarded (top 10 or 15?) and will offer you the same recruiting opportunities as Columbia.
Columbia does have the better brand name but I have friends at both CBS and Stern and was surprised to find out that the exact same companies that recruit at Columbia come to NYU. Exact same companies. Some here will say, oh but it depends what you want to do. However, I really don't think that Stern will put you at any kind of significant disadvantage compared to Columbia in whatever area you choose (at least not enough of a disadvantage to want to take on $100k in debt). In fact, one of the pros of Stern is that they have so many sub-specialities. Again, I am saying this because I have friends at both schools and I am convinced that, apart from CBS' name, they are relatively comparable and they offer similar post-mba career opportunities to their students. Note: all of this is said with the assumption that you are a relatively motivated individual who will put in a moderate amount of effort for recruiting.
Off the top of my head, the advantages that Columbia has over Stern are:
- Brand name/better reputation/ivy league
- Higher ranking (by 5 spots? not major)
- More international student body and better known abroad
- Cheaper housing (Morningside Heights vs Greenwich Village)
I don't know much about Stern Alumni network and thus can't compare it to CBS'. I also don't know many details about the Stern MBA program, only what I hear from my friends there. I do know that they have great facilities and a strong sense of community amongst the students. I would look at employment reports (and find out what companies recruit there, post-mba salaries, how strong is their career center, etc), spend time and socialize with students, look at classes/professors/guest lectures, events/conferences, etc from both school to compare...
Good luck and let us know what you decide!!
And for the record, I am by no means putting down Columbia. Just being practical.
