Admitted to Darden as a future year scholar which I am very grateful for, but my dream school is GSB.
I applied to both deferred round and was interviewed at both but ultimately rejected by GSB. There's probably a number of reasons why I didn't make the final cut at GSB (lower GMAT score, working for small company, non-target undergrad, etc.), but I still love the idea of going to GSB. Hence the following conflict:
Do I go to Darden in 3 years, or apply to GSB/other M7s in 3 years with Darden as the backup?Here's some more background info, thoughts, and assumptions for your consideration:
- Currently I'm an electrical engineer (consultant)
- Post MBA I ultimately am interested deal structuring/M&A. I figure going into PE will be the best introduction to these topics
- I am also interested in consulting, but my impression is that deal structuring/M&A has the potential to be more lucrative at the higher end of the distribution
- My understanding is that Darden places consulting very well, but doesn't place PE
- Although Stanford doesn't place many candidates in consulting, I assume that's because they have other options with PE/VC and opportunities in entrepreneurship
- If I strive for GSB I will likely have to retake the GMAT (got a 720 when applying deferred round)
- I will likely have to pivot jobs to a more well-known company in the short term to go for GSB
- Darden seems to be on the up-and-up in the rankings this year and esp with the recent $100M donation I wouldn't be surprised if they make appreciable improvements on the USNews ranking this year
- GSB has a better brand, but not too big of a difference between the two schools in terms of lifetime earnings ($8.5m vs $8.2m avg)
Let me know if any of my thoughts/assumptions are wrong, and what angles you all would take on this decision. I have also asked people individually this question and I'm getting wildly different answers, so I thought I'd ask this community (which is very informed on the topic.) I would appreciate perspectives from anyone in PE, deal structuring/M&A more broadly, or from people associated with GSB/Darden.
Thanks in advance for your thoughts!