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Cornell Johnson ($) vs BC Carroll ($$$$)

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Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post Updated on: 16 Dec 2017, 01:18
I hope everyone's MBA applications have gone well this cycle with plenty of acceptances. It's been quite the ride.

To provide a brief background on myself, I hold a BS Biochemistry and Molecular Biology from a well regarded state school. I'm currently located in the Boston area which is one of the world's top biopharma hubs. I have nearly five years of work experience within the biopharma industry spanning early research through late stage development/technical operations. This experience has primarily been on the science side of things and I'm looking to pivot to business/management roles. In terms of post-MBA career goals, I see myself either getting into biopharma strategic consulting or possibly biopharma venture capital/finance. Ultimately the goal is to get into executive level management positions.

Yesterday I heard back regarding the last programs I applied to. The decision is down to the Johnson MBA with a couple thousand in scholarships vs a Carroll MBA/MSF dual-degree with a full ride. They are both solid programs in their own regard and I'm excited with the options. Breaking down the numbers the return for Carroll is fantastic, especially in the short term (<10 years). That being said I'm trying to accurately assess the more intangible elements such as brand and networking opportunities. I think in this regard Johnson certainly looks like the better option.

It's a bit of a tough call since it literally comes down to T20/high debt vs T50/basically no debt. Any feedback would be appreciated!

Cheers.

Originally posted by PeterJames87 on 16 Dec 2017, 01:10.
Last edited by PeterJames87 on 16 Dec 2017, 01:18, edited 1 time in total.
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Re: Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post 16 Dec 2017, 01:11
Not even close. Take Cornell in a heartbeat. Forget the debt, that can be easily paid off assuming you get a median salary job.
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Re: Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post 16 Dec 2017, 07:27
I see enough upside for the extra debt. Go for Cornell!


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Re: Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post 16 Dec 2017, 19:48
Johnson for sure


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Re: Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post 17 Dec 2017, 03:28
I appreciate the feedback.

I definitely see the overall higher value in a Johnson MBA, both in terms of tangible/intangible factors. I'm trying to discern if a Carroll MBA could be leveraged to provide the same long term value. This could be through rigorous networking, leveraging the Boston area network, etc. Really just breaking down the options.

Thanks!
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Re: Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post 18 Dec 2017, 15:11
Johnson. Being a Cornellian will help your career much more short term and long term. There are many alumni in the area.


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Re: Cornell Johnson ($) vs BC Carroll ($$$$)  [#permalink]

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New post 18 Dec 2017, 15:22
If you are not counting on Johnson to help you secure your first job out of MBA (e.g. if you are planning to go back to the same company or staying within the same industry or going where Johnson is weak, then differences are less and fewer.) There is of course the difference in program quality (classmates, professors, facilities, alum network, etc) but if you can get the same or better job out of the Carroll then you can skip paying $120K. However, usually higher ranked and larger programs provide better employment options and overall more successful experience, though they are not perfect, and Johnson is not top 10 but it is Ivy League.

Congrats on a great job!
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Re: Cornell Johnson ($) vs BC Carroll ($$$$)   [#permalink] 18 Dec 2017, 15:22
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