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Johnson Vs Rice (80% Scholarship)

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Johnson Vs Rice (80% Scholarship)

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Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 15 May 2019, 21:33
I got acceptance from Johnson (with no Scholarship) & Rice (80% of Tuition per academic year). Post MBA industry is preferably Consulting but I would be open to exploring other options. Any advice is much appreciated!

Thanks
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Re: Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 16 May 2019, 05:44
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Nicky14 wrote:
I got acceptance from Johnson (with no Scholarship) & Rice (80% of Tuition per academic year). Post MBA industry is preferably Consulting but I would be open to exploring other options. Any advice is much appreciated!

Thanks



Hello Nicky14


Congrats on admission to both schools :thumbup:


I do like Johnson as school and fact that it is Ivy league :cool:

And I do understand your dilemma, since you got 80% tuition from Rice ;)

Rice is a good school and Johnson and Rice are not that apart, if we consult US News, Johnson is 15. nationally vs. Rice being on 26. place :

https://www.usnews.com/best-graduate-sc ... a-rankings


However, since your goal is consulting, Johnson is unique because it offers a specialized consulting program, in-depth and immersive program that provides students with practical experience and contacts that will help them excel at top firms such as McKinsey, for instance:

https://www.businessbecause.com/news/be ... t-mckinsey


In top 25 MBA programs for getting a job at McKinsey, Bain and BCG, Cornell is again on list:

https://news.efinancialcareers.com/ch-e ... y-bain-bcg


Here are some figures for Cornell Consulting Class of 2017:

https://poetsandquants.com/2018/09/07/t ... ndustry/2/


Bottom line, Cornell is obviously at least in top 20 for hiring in Consulting and has consulting career path MBA program:

https://www.johnson.cornell.edu/Program ... ng-Program



You should go to Cornell ;) (you should not go with cheaper Rice option, that in longer run will reap much less benefits for you )


Good Luck :cool:
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Re: Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 16 May 2019, 07:38
I think it comes down to few points.

1. Your debt averse level
2. Your devotion to consulting (and back-up plan if it doesn't work out)
3. Your willingness to live in Texas/near Texas area

If you're 100% committed to consulting, Johnson is winner but if you're unsure and open to Texas industries and want to avoid debt, Rice is justifiable. Depends on your personal circumstances. 80% of tuition is fairly large amount.
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Re: Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 16 May 2019, 10:00
Would completely echo Ket310 and emphasize the Texas aspect. I view Rice as a real gem in terms of quality of students and strength of Rice brand for those "in the know." It is obviously hampered by size and scope, but it is a strong program.

My argument is if you want an outside shot at MBB consulting but fine with consulting generally and/or want to remain in the Northeast, go to Cornell.

If you are not 'MBB or bust' and would be fine with other areas of consulting, and are genuinely comfortable with a strong chance you'll end up in Texas, Rice makes sense.

The 'all things equal' argument is for Cornell, but the Rice argument given the above circumstances is a good one.

Congrats and good luck!
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Re: Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 16 May 2019, 21:47
Congrats on your admits. I always recommend to international folks to take the scholarship opportunity as paying $150K in tuition and another $50K in living expenses is HARD to pull off. Some of course believe the opposite and that international students need the best shot they can get and thus a higher-ranked MBA program is better. Johnson is technically Ivv league due to the Cornell's (undergrad) standing.... Depends if you are on the aggressive or defensive side i guess. Also depends if you are planning to stay in the US or go back (not sure how many people know about Rice/Jones in India)... but Rice college is pretty famous as an undergrad institution in the US as well and has strong Oil & Gas network with Houston being strong in that (though it's been a few touch years for the Energy industry).

Having said that, consulting is going to be a competitive industry and likely a better opportunity at Johnson but only a number of consulting companies sponsor and hire internationals so that makes the competition even tighter. None of the international folks I have been in touch this year got Consulting internships for example. If you feel like consulting or bust type of thing, then sure, Johnson is the better program but if you are looking for an opportunity not to save $130K, and not to have a $2k/month student loan payment after you graduate, Jones is starting to look very attractive. At the same time, job opportunities will be more likely to come by via on campus recruiting at Johnson - you are paying for a better name, better classmates, better experience, prestige, and on-campus recruiting with a variety of clubs and treks and alum network that spans the globe. It all depends if you feel bullish or bearish about yourself ;-)
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Re: Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 18 May 2019, 16:05
Nicky14 wrote:
I got acceptance from Johnson (with no Scholarship) & Rice (80% of Tuition per academic year). Post MBA industry is preferably Consulting but I would be open to exploring other options. Any advice is much appreciated!

Thanks



You have many advice above and I agree with them all. However, I would urge you to connect to current international students in Rice and talk with about your aspiration and how school could help you. You will get almost real picture of the situation.
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Re: Johnson Vs Rice (80% Scholarship)  [#permalink]

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New post 21 May 2019, 06:39
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I suggest Johnson.

There's a fairly large difference between a top 10, top 15 and top 25 program in terms of quality, career support and placement post-MBA. Johnson as a top 15 program with fairly good historic placement should help better than Rice, which is more of a regional program. Rice has a great Texas presence, but it's hard to say how good their international student placement is....where as Johnson is well versed in placing int'l students in consulting. If you had been a local Texas applicant, it would have been a tougher decision, but as an int'l Johnson will serve you better.
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Re: Johnson Vs Rice (80% Scholarship)   [#permalink] 21 May 2019, 06:39
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