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Booth vs. Cornell $$$$

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Booth vs. Cornell ($$$)

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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 06:49
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wabo22 wrote:
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?


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).
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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 07:02
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

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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 08:00
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JohnJohnJ wrote:
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

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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.
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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 08:49
Easy! You’re taking things personally

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Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 08:58
Does this argument mean that nobody should go to a lower ranked school if the lower ranked school give you $$$$? because there will always be some arguable benefits (sometimes hard to justify) the higher ranked school will give and you’ll be able to pay back the tuition and stay expenses in 2-3 years

If that’s the argument, then I think schools should stop giving this $$$$ and spend this $ to improve their rankings

And if I have to go by Souvik’s argument, nobody should ever work for an EY/PWC after MBA, their life will be doomed if they do that. Does that mean that EY/PWC should stop hiring MBA students?

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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 11:06
JohnJohnJ wrote:
Does this argument mean that nobody should go to a lower ranked school if the lower ranked school give you $$$$? because there will always be some arguable benefits (sometimes hard to justify) the higher ranked school will give and you’ll be able to pay back the tuition and stay expenses in 2-3 years

If that’s the argument, then I think schools should stop giving this $$$$ and spend this $ to improve their rankings

And if I have to go by Souvik’s argument, nobody should ever work for an EY/PWC after MBA, their life will be doomed if they do that. Does that mean that EY/PWC should stop hiring MBA students?

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Are you a bit daft, man?

The argument is picking EY or PwC over MBB. I dragged my rear to many EY interviews but would I pick them over Bain? I highly doubt it.

The other thing you said about schools does not hold up either. There are many reasons of picking a slightly lower ranked school with $$ rather than a higher ranked school.

Many people turn down Ross with $$ for Booth or Kellogg. OR, Booth with $$ for Wharton.

It becomes a question of what your goals are, where you want to stay and whether you’re an international student.

It might be a lot more helpful, if you stop worrying about the expert tags for other users and focus on your own. How about just posting your opinion and not trying to insult others? Is that something your insecurities can handle?
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Re: Booth vs. Cornell $$$$  [#permalink]

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Booth vs. Cornell $$$$  [#permalink]

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New post Updated on: 02 Feb 2020, 14:52
Thanks Expert Souvik. Totally makes sense! I am sure everybody wants to be at the top, make most $ and be CEOs or entrepreneurs. So everybody wants the best. Why care about the $$$$ given by schools (when you want the best)?

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Originally posted by JohnJohnJ on 02 Feb 2020, 11:11.
Last edited by JohnJohnJ on 02 Feb 2020, 14:52, edited 1 time in total.
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Booth vs. Cornell $$$$  [#permalink]

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New post 02 Feb 2020, 11:18
Something to be said about the votes, 41 people voted for Cornell and only 20 for Booth

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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 05 Feb 2020, 06:34
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Fwiw this decision was over a long time ago--Cornell deadline was 1/10 and I passed. I was torn between Booth and one other school but because Booth's deadline is today before the other school and I was leaning toward Booth, I chose Booth.
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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 05 Feb 2020, 06:42
Congratulations! Glad you made the decision

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Re: Booth vs. Cornell $$$$  [#permalink]

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New post 05 Feb 2020, 06:42
wabo22 wrote:
Fwiw this decision was over a long time ago--Cornell deadline was 1/10 and I passed. I was torn between Booth and one other school but because Booth's deadline is today before the other school and I was leaning toward Booth, I chose Booth.


You will not go wrong with Booth, based on my personal experience. May I know which other school were you re-evaluating Booth with? DM me if you want to chat more about IB and PE as I did multiple such internships at Kellogg.
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Re: Booth vs. Cornell $$$$   [#permalink] 05 Feb 2020, 06:42

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