Forum Home > GMAT > Quantitative > Problem Solving (PS)
Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Dec 1408:00 AM PST
-11:30 AM PST
Join us for an exclusive Admit Weekend designed to help you navigate the exciting yet challenging process of choosing between multiple MBA offers and provide valuable guidance on financial aid, scholarship negotiation, visa processes, and more.
Dec 1308:30 AM EST
-09:15 AM EST
Get the inside scoop on what makes Emory’s Goizueta Business School great, learn how you can present a strong MBA application, and connect with an Admissions Director to get your questions answered.
Dec 1511:00 AM EST
-11:30 AM EST
Meet Tuck at an informal student or staff-hosted coffee chat in a city near you!- Dec 16
08:00 AM PST
-11:59 PM PST
GMAT Club 12 Days of Christmas is a 4th Annual GMAT Club Winter Competition based on solving questions. This is the Winter GMAT competition on GMAT Club with an amazing opportunity to win over $40,000 worth of prizes! - Dec 18
10:00 AM PST
-11:00 AM PST
Here is the essential guide to securing scholarships as an MBA student! In this video, we explore the various types of scholarships available, including need-based and merit-based options. 
Dec 2007:00 PM PST
-08:00 PM PST
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Dec 2111:00 AM EST
-12:00 PM EST
Save 20% on your subscription to onTrack by mbaMission, a first-of-its-kind on-demand MBA application experience. Use code 20OFFDEC until Dec 31!
Dec 2109:00 PM IST
-10:00 PM IST
Dreaming of a successful post-MBA career? Explore the 2026 career pathways in consulting, tech, finance, and dive into the exciting opportunities and the potential ROI these industries offer, helping you make informed decisions and more.
ENGRTOMBA2018
Joined: 20 Mar 2014
Last visit: 01 Dec 2021
Posts: 2,341
Own Kudos:
Given Kudos: 816
Concentration: Finance, Strategy
Schools: Kellogg '18 (M)
GMAT 1: 750 Q49 V44
GPA: 3.7
WE:Engineering (Aerospace and Defense)
Products:
02 Feb 2020, 07:49
Kudos
Bookmarks
wabo22
Admitted to both Booth (no money) and Cornell (full scholarship) with a short-term goal of probably recruiting for IB. My longer-term goal is to break into asset management or PE, which would be much more likely out of Booth than Cornell both immediately post-MBA and longer-term.
My debate is whether to pay full tuition at Booth and probably have some better options in some industries I may move to, or Cornell and pay nothing while likely getting the same post-MBA position. How much will the prestige of Booth matter after my first job, and is it worth the investment?
My debate is whether to pay full tuition at Booth and probably have some better options in some industries I may move to, or Cornell and pay nothing while likely getting the same post-MBA position. How much will the prestige of Booth matter after my first job, and is it worth the investment?
Ok, as a person who recruited into IB for summer internship at Kellogg, take and run with Booth.
1.) IB will more than let you cover the full loan within the first 2-3 years itself so Cornell full ride isnt too much of a pull here. Yes, Cornell places folks into IB and is in NY, it all comes down to which IB would you be interested in? BBs or top MM or top boutique? If its the first 2, Cornell will not come close to Booth. Another consideration is location of IB. If its NYC, Booth and Cornell will be head to head on pure numbers but in Chicago or Midwest or elsewhere, Booth will have a leg up.
2.) Transitioning into PE: this is always tough but gets relatively easier with prior IB experience. Again the same question, what type of PE shops do you want to break into? Is it MM or mega funds or boutique? In this case, all 3 prefer people who have gone to BB or MM just for having seen more and consistent deal flow in their areas of expertise. Booth wins hands down here. BTW, another way to break into PE is to come from industry and leverage that to go into a PE shop from the operations and portfolio management side.
3) Yes, its always good to know what you want during and post-MBA, but always have a plan B. Exhibit A: I am now in consulting, which couldnt have been possible without M7 help network help. Booth here will open all those doors that Cornell will either not open or open in limited quantities.
All these points should push you towards a Booth admit. I have not seen a more rigorous finance program among all of M7 which speaks volume of the credentials you will get while youll go to Booth.
Let us know what you finally decide. Good luck.
P.S.: why dont people provide any justification than saying "Cornell is Ivy". No one cares about such replies. "Ivy" tag is only useful for UG studies or for that first job right after UG. This tag has no sway after that.
bb, I have a slightly different take on IB to PE. IB to PE is more common than you think. A quick check on LinkedIn profiles of people on the finance/investment side will show you that they had prior IB exp (either as analyst or higher).
02 Feb 2020, 08:02
Kudos
Bookmarks
ENGRTOMBA, that’s a solid answer - I agree with most, I still feel that Cornell would give the brand value to move from IB to PE. OP is anyways split between PE and AM.
BB, you need to be current with the times to retain that expert tag. Bahaha
Posted from my mobile device
BB, you need to be current with the times to retain that expert tag. Bahaha
Posted from my mobile device
ENGRTOMBA2018
Joined: 20 Mar 2014
Last visit: 01 Dec 2021
Posts: 2,341
Own Kudos:
Given Kudos: 816
Concentration: Finance, Strategy
Schools: Kellogg '18 (M)
GMAT 1: 750 Q49 V44
GPA: 3.7
WE:Engineering (Aerospace and Defense)
Products:
02 Feb 2020, 09:00
Kudos
Bookmarks
JohnJohnJ
ENGRTOMBA, that’s a solid answer - I agree with most, I still feel that Cornell would give the brand value to move from IB to PE. OP is anyways split between PE and AM.
BB, you need to be current with the times to retain that expert tag. Bahaha
Posted from my mobile device
BB, you need to be current with the times to retain that expert tag. Bahaha
Posted from my mobile device
I am sure bb wont go into these drivels that you have been spewing on these forums lately. I can vouch for bb's expert tag across the board but I am afraid no one will call you an expert. So take your insecurities elsewhere. Stay on track with what is asked on these forums and be useful to the conversations.
Its good that OP knows that its a split LT between PE and AM but no one can guarantee those roles to OP as both of them are highly non-regular and need a ton of networking/slogging. Booth with its well-established pedigree does have an upper hand here over Cornell. If you are mentioning something else, then you dont know the ground realities.
