I wish I had taken reviews posted on this forum more seriously before deciding to enroll at Carroll. Some of them were quite accurate. This is my review as a member of the class of 2020.
Pros:
BC gives out scholarships to nearly everyone that they accept. Basically if you aren’t an international student, you should receive anywhere from 10k a year to an almost full ride. An average amount is probably 20k a year.
The curriculum is quite good and you will learn a ton while you are there.
The class is small and you will get to know everyone rather quickly.
Cons:
The BC MBA name carries absolutely no weight with local employers or out of state ones. Unlike BC’s undergraduate program, which is quite prestigious, having an MBA from BC will not open any doors.
BC’s main focus is its undergraduate program, graduate students are second class citizens. Deloitte, PWC, and other well known companies will set up shop in Fulton (the main business building), hand out pizza, and to talk undergraduate students about great opportunities, but completely exclude the graduate students. You can still take the free pizza though at least...
The fact that BC’s MBA class is so small is great for getting to know your classmates, but horrible for networking / recruiting. Career services staff are friendly and helpful, but unfortunately have ZERO connections for jobs. They can coach you and give you advice, but that’s about it.
There is very little on campus recruiting for internships and even less on campus recruiting for full time positions for graduate students. In fact, there were a total of six companies, you read that right, 6 companies that held on campus interviews for full time positions. Only three of them to my knowledge, ended up hiring a BC MBA. On campus recruiting is by far the best way to find an internship / job. BC has about a dozen or more companies that do recruit BC MBAs for internships. Most of the people that received full time job offers were converted from their summer internships. Everyone else is either currently unemployed or had to find their own opportunities with either networking or got lucky by applying online.
If you are interested in a career in finance, STEER clear of BC unless you already have worked 3-5 years in finance. Even though BC has great finance courses, companies in finance do not directly recruit BC MBAs and are simply not interested unless you already have finance experience. You can forget about getting anything in high finance (Investment Banking, Private Equity, Asset Management, etc.). About half the class pursues a finance track, and I think only one person got an investment banking analyst position and one person got a role in asset management from an internship conversion, but that’s about it. A few people ended up in M&A advisory, but most of them already had finance experience. Due to the pandemic, even corporate finance roles, typically given to BC MBA grads, were extremely hard to come across this year.
If you are interested in career in consulting, STEER clear of BC. Forget about MBB, even forget about second tier firms like Deloitte and PWC. They don’t recruit at BC. You will have to somehow network your way into one of those on your own. There are only two lesser known firms, Simon-Kucher and ScottMadden, that actively recruit BC grads, and they only take 2 or 3 BC MBAs each.
If you are interested in a career in marketing BC is ok, but not stellar. A handful of my classmates did end up with solid marketing roles, even a few product management ones. However, because nearly half the class is interested in marketing, getting a good role is still very competitive. If you received a generous enough scholarship and you are the correct demographic for marketing, BC isn’t the worst place to be.
Conclusion TLDR
You get what you pay for at BC, don’t think you are getting a bargain just because they give out generous scholarships. If you are a career switcher, go to a more prestigious program that has more on campus recruiting. Even if you have to pay more. If your career is in good order, and you are just checking off a box by getting an MBA, BC might work for you.
If you are a current or soon to be BC MBA student, focus more on the job search and way less on the academics. Good luck, you will need it.
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