rower7
Yale vs Duke? I have a few days to make a decision. I'm interested in investment finance (maybe pe/vc/hedgefund). Appreciate your thoughts!!!
Two great options. I applied to two schools. Had I applied to a third, Yale might have been that program. Their brand is outstanding, but I feel like its strength has more to do with "Yale" than with "SOM." I seem to recall Yale SOM having a big PE/VC conference every year and as MBADAWG pointed out, proximity to NYC and being in CT are definite advantages. You should check out the video on the exchange Yale runs. You can find it on the SOM's website (the slickest website of any top b-school). Yale SOM is also where Jeffrey Garten teaches, so maybe you'd get invited to dinner at Ina Garten's house in the Hamptons.
Unlike many top b-schools, Duke allows you to earn a concentration in Finance and earn a Certificate of Excellence in Finance. I'm not sure how much any of that will help you in recruiting, but it does help you differentiate yourself from other MBA grads. From what I understand, Duke also has outstanding Finance profs., a student-run investment fund, an active Finance Club, solid placement in finance and a research center dedicated to finance. I believe the largest group of U.S. based alumni live in NY too.
The thing to keep in mind is that PE/VC jobs are extremely rare for folks coming straight out of b-school and Hedge Funds have been hit very, very hard by the economic downturn. That means your experience and being able to leverage the alumni network of your program will be crucial. I would imagine the two programs have comparable networks, but I'm not sure of that either.
As far as quality of life goes, I think Duke would win that hands down. Durham probably beats New Haven on affordability, weather and recreational activities (lots of parks, you're close to the mountains and the beach, lots of basketball, great restaurants, etc.). The Research Triangle has somewhere around 1 million people in it, but Durham still feels like a small city.
My impression is that Durham is a very entrepreneurial place. The Triangle has a large concentration of tech and bio-tech companies. Fuqua has programs (i.e. P4E) that allow you to earn credits while working on start-up ventures. You can either try to start your own company or Fuqua will work to pair you with others to build a company. The school also places current students in start-ups within the Triangle or in some cases, with local VC firms.
If size matters to you, Duke is about twice as large as Yale SOM and has a lot of executive/part-time programs. From what i can tell, this doesn't detract from Fuqua experience, but I deliberately avoided applying to other programs that were larger in size.
I think you'd probably be fine at either school, so it really comes down to where you'd be most comfortable. I'd go to both school's admitted students weekend and see where you're most comfortable. If you have to submit a deposit to Duke and then decide you'd rather go to Yale, you'll only be out $1,500.00. That really isn't much money in the scheme of things.
Good luck.