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13 Jan 2013, 17:16
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First the complete application season status:
Wharton, Booth (ding w/ interview), Sloan (ding w/o interview)
Darden (Admit w/$$+ chance to interview for Jefferson fellowship which would also cover living expenses +3,000/yr stipend) LBS, Haas (WLed) Kellogg (Applied R2, no result out yet, of course) I will admit Tuck was one of my first loves and till a few days back (before the Darden scholarship info) I didn't even consider not going to Tuck. But now I feel I am in a massive dilemma regarding the situation - Darden is really keen on having me and 110k+ over two years is nothing to sneeze at while Tuck refused my request for any$$.

My background is: Indian/M/CFA/Engineer with 5+ years in third-party research services (mainly fixed income). I am a bit uncertain about the direction of my career. Off the bat, I would try to get an summer internship with GS/JPM/UBS etc. and try to get a full-time offer (FTO). I plan to meet the full cost of education through loans and a FTO would be really important to get over the sinking-in-debt feeling. Assuming the said FTO materializes, I would like to explore opportunities beyond ibanking in my second year such as with IFC, WB or just plain ol' corp. finance. Investment banking is a close plan B if these options do not play out well. I would ideally like to get back to India/HK/Singapore in 7-10 years post-MBA.

Making lifelong friends and quality of life are very important considerations while at both during MBA and beyond that. Much more important than slight differences in salary. That being said, I am sensitive to career opportunities (does it open doors?) and quality of network (will people bat for me if I want to move into PE in Asia 3-4 years down the line?).

So here is how my analysis breaks down to:

Tuck
+ Ivy league, top-10, bigger brand (just my perception?)
+ Highly regarded alum network
+ Relatively strong connections to PE (and many students with prior IB/PE exp; I know I wouldn't get in but the network is important I suppose given my ambivalent career goals)
- No $; a longer debt repayment period - Very cold winters (but then I dont mind the idea of skiing ) Darden + Top-15 (though not THAT below Tuck in US News rankings) + Full tuition + chance at Jefferson Fellowship (Full cost of attendance + up to$3000/yr stipend) (My client, who is in sell-side research, says if you are getting full ride and fellowship, the school will cater special attention to see you get placed and the fellowship will help me distinguish my resume better, any idea on the validity of that opinion?)
- Top-15 is lower than top-10
- I somehow like the sound of Boston/NY better than GA (note that I have never been to the states)

#Not sure about either school's standing with IFC et al.

Would I be really foolish to give up on greater long-term benefits with Tuck for short-term benefits? Or is Darden here a "no-brainer" (as my client says)?

Last edited by joy4ol on 13 Jan 2013, 19:09, edited 1 time in total.
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Re: Tuck vs Darden ($$+chance at prestigious scholarship) [#permalink] Show Tags 13 Jan 2013, 17:43 joy4ol wrote: If you already not sick of such questions, please help me here with a dilemma. First the complete application season status: Wharton, Booth (ding w/ interview), Sloan (ding w/o interview) Tuck (Admit) Darden (Admit w/$$$+ chance to interview for Jefferson fellowship which would also cover living expenses +$3,000/yr stipend)
LBS, Haas (WLed)
Kellogg (Applied R2, no result out yet, of course)

I will admit Tuck was one of my first loves and till a few days back (before the Darden scholarship info) I didn't even consider not going to Tuck. But now I feel I am in a massive dilemma regarding the situation - Darden is really keen on having me and $110k+ over two years is nothing to sneeze at while Tuck refused my request for any $$. My background is: Indian/M/CFA/Engineer with 5+ years in third-party research services (mainly fixed income). I am a bit uncertain about the direction of my career. Off the bat, I would try to get an summer internship with GS/JPM/UBS etc. and try to get a full-time offer (FTO). I plan to meet the full cost of education through loans and a FTO would be really important to get over the sinking-in-debt feeling. Assuming the said FTO materializes, I would like to explore opportunities beyond ibanking in my second year such as with IFC, WB or just plain ol' corp. finance. Investment banking is a close plan B if these options do not play out well. I would ideally like to get back to India/HK/Singapore in 7-10 years post-MBA. Making lifelong friends and quality of life are very important considerations while at both during MBA and beyond that. Much more important than slight differences in salary. That being said, I am sensitive to career opportunities (does it open doors?) and quality of network (will people bat for me if I want to move into PE in Asia 3-4 years down the line?). So here is how my analysis breaks down to: Tuck + Ivy league, top-10, bigger brand (just my perception?) + Highly regarded alum network + Relatively strong connections to PE (and many students with prior IB/PE exp; I know I wouldn't get in but the network is important I suppose given my ambivalent career goals) - No ; a longer debt repayment period - Very cold winters (but then I dont mind the idea of skiing ) Darden + Top-15 (though not THAT below Tuck in US News rankings) + Full tuition + chance at Jefferson Fellowship (Full cost of attendance + up to 3000/yr stipend) (My client, who is in sell-side research, says if you are getting full ride and fellowship, the school will cater special attention to see you get placed and the fellowship will help me distinguish my resume better, any idea on the validity of that opinion?) - Top-15 is lower than top-10 - I somehow like the sound of Boston/NY better than GA (note that I have never been to the states) #Not sure about either school's standing with IFC et al. Would I be really foolish to give up on greater long-term benefits with Tuck for short-term benefits? Or is Darden here it a "no-brainer" (as my client says)? Awesome situation to be in. The answer, to me, is easy. Go to Darden. If you're recruiting for IB down to corp fin., I would imagine your chances are about the same at each school; that is to say very good. The difference in terms of quality is negligible - Tuck does have great alumni, and probably a better PE connection, but if you have a Jefferson fellow scholarship on your resume and what sounds like an awesome past.. you'll be just as competitive. I would only consider Tuck in this situation if a) Dawna Clarke is willing to deal and move some cash your way, or b) you're nutso over Tuck and hate the idea of spending 2 years in Virginia (not GA, lol) for free. Disclaimer: I'm an avid supporter of Tuck 99% of the time - this isn't one of them. Edit: Just read about the Jefferson Fellowship - sounds awesome. Not to mention getting a scholarship named after the man, ahem president, the built the university is amazing _________________ My Applicant Blog: http://hamm0.wordpress.com/ Manager Joined: 12 May 2011 Posts: 98 Location: United States Concentration: Finance, Marketing GMAT 1: 730 Q47 V44 GMAT 2: Q V Followers: 2 Kudos [?]: 15 [0], given: 4 Re: Tuck vs Darden ($$$+chance at prestigious fellowship) [#permalink]

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13 Jan 2013, 18:05
Congrats on the two admits that you have! Have you visited either of the schools? Asking because I didn't see any mention of the campus or students in your comparisons. If you haven't, I'd recommend visiting if possible. It's probably difficult given the distance, but I feel like it's important given the investment you make in the MBA. I haven't been to Darden, but Tuck has a lovely campus and intimate feel to the school. Also, do you know when you'd hear back about possibly receiving the Jefferson Fellowship?

FYI, don't know if that was a typo or not, but Darden is in VA and not GA lol.
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Re: Tuck vs Darden ($$+chance at prestigious fellowship) [#permalink] Show Tags 13 Jan 2013, 18:33 Exactly what sesamemochi said. Have you visited either campuses? Tuck is one of those schools where you HAVE to visit in order to know whether you'll enjoy spending your next two years there. Most people either love it or hate it downright, mostly because of its remote location. Personally I thought the campus was beautiful and people are really nice, I simply cannot fathom living in Hanover, NH for two years of my life. It really is pretty much in the middle of the woods. If you're big into skiing / outdoorsy stuff, it might be the place for you. But if you come from a big city, this might be a very jarring change (which could be for the better but you just need to know what you're getting yourself into). Haven't visited Darden but Charlottesville (in VA not GA as sesamemochi pointed out) is known to be a very very nice college town. In terms of immediate surroundings, Darden certainly trumps Charlottesville for the average person. Tuck may be closer to the major cities but not by much. It takes at least 4 hours to get to NYC. Location aside, I'll still take the full scholarship at a well-regarded T15 school over being 200K in debt at a slightly more prestigious school. But it's all a matter of personal preference and differing priorities in life. Either way, you're in a good spot so congrats! Current Student Status: Too close for missiles, switching to guns. Joined: 23 Oct 2012 Posts: 787 Location: United States Schools: Johnson (Cornell) - Class of 2015 WE: Military Officer (Military & Defense) Followers: 17 Kudos [?]: 316 [0], given: 175 Re: Tuck vs Darden ($$$+chance at prestigious fellowship) [#permalink] Show Tags 13 Jan 2013, 18:59 joy4ol wrote: Tuck + Ivy league, top-10, bigger brand (just my perception?) + Highly regarded alum network + Relatively strong connections to PE (and many students with prior IB/PE exp; I know I wouldn't get in but the network is important I suppose given my ambivalent career goals) - No$; a longer debt repayment period
- Very cold winters (but then I dont mind the idea of skiing )

Darden
+ Top-15 (though not THAT below Tuck in US News rankings)

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13 Jan 2013, 22:16
Would go with the client on this one (as with a lot of other things).

too much money to be turned down and yes, as far as I've read, the scholarship/fellowship definitely builds your case for recruitment.
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Re: Tuck vs Darden ($$+chance at prestigious fellowship) [#permalink] Show Tags 13 Jan 2013, 22:54 Congratulations! As others have suggested, try visiting both schools if possible. If not, try to talk to as many current students at both schools to see where you fit in better and ask specific questsions about career opportunities. They are both really great institutions. You will get what you put into the business school experience, and I'm sure you will end up with a great job either way if you focus and work hard. So I would lean toward Darden w the full tuition, and wish you luck in getting the Jefferson Fellowship! Christine Lin If you like this post, please give it KUDOS! joy4ol wrote: If you are not already sick of such questions, please help me here with a dilemma. First the complete application season status: Wharton, Booth (ding w/ interview), Sloan (ding w/o interview) Tuck (Admit) Darden (Admit w/$$$+ chance to interview for Jefferson fellowship which would also cover living expenses +$3,000/yr stipend)
LBS, Haas (WLed)
Kellogg (Applied R2, no result out yet, of course)

I will admit Tuck was one of my first loves and till a few days back (before the Darden scholarship info) I didn't even consider not going to Tuck. But now I feel I am in a massive dilemma regarding the situation - Darden is really keen on having me and $110k+ over two years is nothing to sneeze at while Tuck refused my request for any $$. My background is: Indian/M/CFA/Engineer with 5+ years in third-party research services (mainly fixed income). I am a bit uncertain about the direction of my career. Off the bat, I would try to get an summer internship with GS/JPM/UBS etc. and try to get a full-time offer (FTO). I plan to meet the full cost of education through loans and a FTO would be really important to get over the sinking-in-debt feeling. Assuming the said FTO materializes, I would like to explore opportunities beyond ibanking in my second year such as with IFC, WB or just plain ol' corp. finance. Investment banking is a close plan B if these options do not play out well. I would ideally like to get back to India/HK/Singapore in 7-10 years post-MBA. Making lifelong friends and quality of life are very important considerations while at both during MBA and beyond that. Much more important than slight differences in salary. That being said, I am sensitive to career opportunities (does it open doors?) and quality of network (will people bat for me if I want to move into PE in Asia 3-4 years down the line?). So here is how my analysis breaks down to: Tuck + Ivy league, top-10, bigger brand (just my perception?) + Highly regarded alum network + Relatively strong connections to PE (and many students with prior IB/PE exp; I know I wouldn't get in but the network is important I suppose given my ambivalent career goals) - No ; a longer debt repayment period - Very cold winters (but then I dont mind the idea of skiing ) Darden + Top-15 (though not THAT below Tuck in US News rankings) + Full tuition + chance at Jefferson Fellowship (Full cost of attendance + up to 3000/yr stipend) (My client, who is in sell-side research, says if you are getting full ride and fellowship, the school will cater special attention to see you get placed and the fellowship will help me distinguish my resume better, any idea on the validity of that opinion?) - Top-15 is lower than top-10 - I somehow like the sound of Boston/NY better than GA (note that I have never been to the states) #Not sure about either school's standing with IFC et al. Would I be really foolish to give up on greater long-term benefits with Tuck for short-term benefits? Or is Darden here a "no-brainer" (as my client says)? _________________ Christine Lin | Marvel Admissions Marvel Admissions Website | Marvel Admissions Blog Senior Manager Joined: 24 Mar 2010 Posts: 347 Followers: 7 Kudos [?]: 107 [0], given: 4 Re: Tuck vs Darden ($$$+chance at prestigious fellowship) [#permalink]

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13 Jan 2013, 23:33

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14 Jan 2013, 12:16
I wouldnt even think twice about this. I actually visited and interviewed at both schools. Both programs great and very simmilar (I like Tuck´s more) - both are small programs, have a strong alumni network, focused on general managent, rely heavily in the case method (moreso Darden). C-Ville is a million times nicer than Hanover. Tuck does place more stuednts in the north east but it can surely be done from Darden too.

I dont think there is a massive difference in brand name recognition between both schools abroad. At least in Latin American neither school is well known.

Even if you look inot rankings its a top 10 vs a top 15 school.

I think this is pretty straight forward, go to Darden.
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14 Jan 2013, 13:47
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14 Jan 2013, 14:11
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16 Jan 2013, 17:19
joy4ol wrote:
Maybe its an omen or something, I read this in the morning (http://news.efinancialcareers.com/uk-en/131760/how-banking-can-ruin-your-body-and-mind/) and was immediately reminded why I had second thoughts about ibanking in the first place. Still can't get "moobs" out of my head. And lets not even go near ED.

So if you would like to indulge me again, any idea which of these schools would allow me to better explore a career in international/developmental finance? Read IFC, WB etc. Is distance to NY/Washington a factor here?

For non-traditional paths like that.. I think your best bet is talking to current students/alumni. I have to imagine, though, that both schools will do equally as well in that forum.
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Re: Tuck vs Darden ($$+chance at prestigious fellowship) [#permalink] Show Tags 16 Jan 2013, 17:20 joy4ol wrote: Maybe its an omen or something, I read this in the morning (http://news.efinancialcareers.com/uk-en/131760/how-banking-can-ruin-your-body-and-mind/) and was immediately reminded why I had second thoughts about ibanking in the first place. Still can't get "moobs" out of my head. And lets not even go near ED. So if you would like to indulge me again, any idea which of these schools would allow me to better explore a career in international/developmental finance? Read IFC, WB etc. Is distance to NY/Washington a factor here? Given your career goals, Tuck is definitely better. Darden is fine for regular bulge bracket banking, but it's weak in other areas of finance; its bread and butter has always been consulting. Although Tuck is also a general management focused school, it's remarkably strong in finance, and its network is amazing despite the small size. If you're VERY confident that those are your career goals, go to Tuck. Also, Tuck has formal joint degree programs with harvard kennedy and johns hopkins sais. Given your goals, you should look into applying to those schools during your first year at Tuck. Re: Tuck vs Darden ($$$+chance at prestigious fellowship) [#permalink] 16 Jan 2013, 17:20 Go to page 1 2 3 4 Next [ 66 posts ] Similar topics Replies Last post Similar Topics: 3 Tuck vs. Darden ($) 6 04 Aug 2015, 08:37
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