batman28
And there is no such data on Duke's or Ross' placements in consulting to compare to. So this argument doesn't hold. Another interesting point that you seem to be confused about is that 36% is against the total # of students, while 55% is against population with consulting jobs. So LBS made a point that the split was more even this year but this could mean many other random things such as 1) people with consulting exp were more interested in other stuff and people with finance exp were more interested in other stuff 2) people with consulting exp wanted to go back to consulting more this year than last year etc.. .
The reason I mentioned this was not to compare to Ross and Duke. I was pointing out that Consulting was JUST AS COMPETITIVE as finance for LBS. Thats all I was saying. And the data shows it. So the point about competitiveness is moot.
Page #7 on LBS 2011 Employment report
https://www.slideshare.net/londonbusines ... ent-reportUnder Career Transition table.
Career Decisions. TO FINANCE FROM FINANEC 61%
TO CONSULTING FROM CONSULTING 55%
This is the TOTAL CLASS
Ok thats 1 figure out..
Now under Employer Sector for TOTAL CLASS
36% Consulting
33% Finance
You can take these 2 data values and show that for the TOTAL CLASS of which 36% went to consulting.. 55% of THOSE 36% were FROM CONSULTING.
The same analysis I did for Finance which, TOTAL CLASS had 33% go to Finance. 61% of THOSE 33% were FROM FINANCE.
Hence, yes I can deduct that competition wise, cosulting was just as competitive as finance as someone not from the industry.
batman28
This also in a way suggests quality of students in said schools. $ from Duke but no $ from LBS could mean (but may not also mean) better quality of students in LBS. Plus, the cost of living was not a point of consideration. The question is getting an MBB job out of bschool and which school can do it better. Yeah, sure, the cost of living is cheaper in NC or MI.
Just to be clear,
I didn't apply (although was very close to applying) to LBS or Duke or Ross. So my opinion is more neutral.
Plus, the general public's perception is that LBS is one of the best schools in Europe while Duke or Ross is at best No. 10 school. So there is the nice incentive to enroll at LBS.
What are you saying? These are in no ways quality indicators. European schools are famous for not giving money. Harvard and Stanford students have a ton more scholarship offers even when adjusted for class size than LBS does, does that "suggest quality of students" at Harvard and Stanford are lower? No.. it just means US B schools have more endowments and are more generous with scholarship money. This argument is a no go.
At the end of the Day LBS brand is good for Europe and Asia, it does not translate as a stronger brandin the U.S when compared to Duke and Ross. Since the goal is to return to the U.S the value of LBS in Europe is a moot point.
And cost of living and amount of debt to go to school should definately be part of the equation, just my opinion.