Here's a post I made in the Europe MBA Discussion thread yesterday:
Diplo wrote:
Judging from a finance and consulting perspective, I would say that St. Gallen is definitely recognized as the best university in German speaking Europe (IMD is in the French part of Switzerland). All top I-Banks recruit there, and if you get good grades you will surely find a job in your desired field (keeping in mind that most European offices actually care about your grades, not just the school you went to).
To reassure you: The university hosts the most prestigious career fairs in German speaking Europe - the Investment Banking Days and the Forum HSG.
https://www.investmentbankingdays.com/index.html (who's who of I-Banks)
https://www.forumhsg.ch/index.php?id=29&L=2 (120 companies, everything from McK to UBS)
Both of these are organized by students - the school is big on extracurricular activities. Plus, the Career Services Center is fantastic.
I have absoluetly no clue why HSG's reputation isn't reflected in the rankings of FT et al., but talk to any recruiters in Switzerland, Germany, or Austria, or look at the number of top managers in these countries who are HSG alumni and you'll see that it's an excellent choice (if not your best bet considering your search criteria). Furthermore, the professors are top notch, most of them are the authors of the most widely used German text books in their fields.
P.S. I remember somebody on the BusinessWeek forum posting about his MBA experience at HSG, I'm sure you can ask him any MBA specific questions you might have. One thing is for sure: the University has an excellent reputation. And if you move to Switzerland you'll save taxes and get a higher salary compared to Germany
One thing I heard is that the MBA classes are slightly secluded from the B.A. and M.A. classes, where the majority of the university's students are. However, in a way this is only right because the M.A. students usually have very little work experience (internships) and the MBA classes are tailored towards people with work experience.
However, this has no effect as far as the reputation or recruting are concerned, those benefits are the same all the way from B.A. to PhD.
FYI there are tons of bankers in Zurich who hardly speak any German. I doubt that it matters much, since English is usually the corporate language.