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neural
Joined: 18 Jun 2017
Last visit: 19 Mar 2021
Posts: 2
Given Kudos: 20
Location: India
Schools: Johnson '22 (WL) McDonough '22 (I) McCombs '22 (II) Kenan-Flagler '22 (I) LBS '22 (II) Stern '22 (S) Darden '22 (D) Ross '22 (S)
GMAT 1: 750 Q49 V42
Schools: Johnson '22 (WL) McDonough '22 (I) McCombs '22 (II) Kenan-Flagler '22 (I) LBS '22 (II) Stern '22 (S) Darden '22 (D) Ross '22 (S)
GMAT 1: 750 Q49 V42
Posts: 2
Kudos:
0
21 Dec 2020, 23:48
Kudos
Bookmarks
Guys, need help to decide between these schools.
Background: 750 GMAT, Indian Male, Past Exp: Program management roles at startups
Post-MBA: First choice is Management Consulting (MBB or EY; not sure if any other firm sponsors) but the most probable option I see for myself is Tech firms: Program management/ Strat & Ops roles or Product management at maybe outside FAANG firms like Salesforce, Expedia, and Unicorns.
Major concern is the 80K cost difference (40K scholarship & 40K living cost). This is important since a major part of the cost would be financed through loans and the remaining from personal savings.
Would love to know from people who went to similar schools at full price.
Does NYU offer a significant advantage for these industries to justify the additional costs?
Culture/Location fit:
- I enjoyed my interactions with both the schools but found Stern students to be more active and accomplished.
- Stern definitely has a location advantage and opportunity to do an in-semester internship.
- Would love to live in NYC but considering the cost, I think it might be a good idea to lower my cost at Cornell. Post-MBA jobs are anyway in big cities.
- Lower cost at Cornell gives more peace of mind.
Background: 750 GMAT, Indian Male, Past Exp: Program management roles at startups
Post-MBA: First choice is Management Consulting (MBB or EY; not sure if any other firm sponsors) but the most probable option I see for myself is Tech firms: Program management/ Strat & Ops roles or Product management at maybe outside FAANG firms like Salesforce, Expedia, and Unicorns.
Major concern is the 80K cost difference (40K scholarship & 40K living cost). This is important since a major part of the cost would be financed through loans and the remaining from personal savings.
Would love to know from people who went to similar schools at full price.
Does NYU offer a significant advantage for these industries to justify the additional costs?
Culture/Location fit:
- I enjoyed my interactions with both the schools but found Stern students to be more active and accomplished.
- Stern definitely has a location advantage and opportunity to do an in-semester internship.
- Would love to live in NYC but considering the cost, I think it might be a good idea to lower my cost at Cornell. Post-MBA jobs are anyway in big cities.
- Lower cost at Cornell gives more peace of mind.
Regenerate
22 Dec 2020, 08:56
Kudos
Bookmarks
The spread is (approx.) a 30% savings at Johnson vs Stern?
The two links in my signature block below may help.
Good luck.
Posted from my mobile device
The two links in my signature block below may help.
Good luck.
Posted from my mobile device
23 Dec 2020, 09:38
Kudos
Bookmarks
Congrats on your admits!
Regenerate ranked Stern as #7 and Johnson as #16
https://gmatclub.com/forum/gmat-club-mb ... 35846.html
US news ranked them #10 and #15.
There are differences obviously, and I made a post about all the value and benefits you get with a higher ranked program https://gmatclub.com/forum/value-of-a-t ... 13365.html, esp during the pandemic when the jobs are tight and employers being picky. Hopefully that is going away and we are more normal soon which is the data those rankings are based on.
Here is what the brand makes a difference in for consulting jobs - it is really about the office and role. E.g. Johnson reported 150 out 400 students getting consulting jobs in 2019 (latest pre-pandemic data) and Stern reported 72 out of 280. The latest employment report for Stern, puts it at 31.5% for consulting though the calculation uses a diff base: https://www.stern.nyu.edu/sites/default ... 020-21.pdf with the top industry being Finance, well, New York. Anyway, That's a 37% vs. 25%
Would you choose Johnson but that does not mean they are exactly equal. At the same time, it tells you that if you are looking for consulting, you can be successful while at Johnson or Stern. You can likely have a better acceess to the first interview for a larger variety of offices but that's only a chance. Also, not all consulting companies hire international applicants - I put a list together of companies that do and their success at H1B applications: https://gmatclub.com/forum/top-mba-h1b- ... 43153.html
Now as to the decision, you either want to be in New York and a part of a large city energy or you don't. If you don't care, then sure you can be in a more remote location though I am not sure that you will have such a stark cost of living difference. I would encourage you to dig in more there. Anyway, ultimately you are paying to be in New York. If that is osmething you don't care about or don't want then why pay for it?
Regenerate ranked Stern as #7 and Johnson as #16
https://gmatclub.com/forum/gmat-club-mb ... 35846.html
US news ranked them #10 and #15.
There are differences obviously, and I made a post about all the value and benefits you get with a higher ranked program https://gmatclub.com/forum/value-of-a-t ... 13365.html, esp during the pandemic when the jobs are tight and employers being picky. Hopefully that is going away and we are more normal soon which is the data those rankings are based on.
Here is what the brand makes a difference in for consulting jobs - it is really about the office and role. E.g. Johnson reported 150 out 400 students getting consulting jobs in 2019 (latest pre-pandemic data) and Stern reported 72 out of 280. The latest employment report for Stern, puts it at 31.5% for consulting though the calculation uses a diff base: https://www.stern.nyu.edu/sites/default ... 020-21.pdf with the top industry being Finance, well, New York. Anyway, That's a 37% vs. 25%
Would you choose Johnson but that does not mean they are exactly equal. At the same time, it tells you that if you are looking for consulting, you can be successful while at Johnson or Stern. You can likely have a better acceess to the first interview for a larger variety of offices but that's only a chance. Also, not all consulting companies hire international applicants - I put a list together of companies that do and their success at H1B applications: https://gmatclub.com/forum/top-mba-h1b- ... 43153.html
Now as to the decision, you either want to be in New York and a part of a large city energy or you don't. If you don't care, then sure you can be in a more remote location though I am not sure that you will have such a stark cost of living difference. I would encourage you to dig in more there. Anyway, ultimately you are paying to be in New York. If that is osmething you don't care about or don't want then why pay for it?
