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Stern $$$ vs Sloan

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Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 01:52
Hi Guys,

I have been lurking on this forum for a while and thought that some advice would be really useful. I am in a great situation in choosing between two amazing programs. I have got into Stern with a full ride and a name faculty scholarship and MIT with no dollars. Post-MBA I am looking to move into Investment management/ Banking.

I think NYC advantage and dollars are really tempting but MIT brand is attractive as well. I would like to work for a while in US and then move to Asia to start something on my own later. I visited both the schools and I am not picky about the fit as long as I am able to achieve my career goals.

Any suggestions/ comments would be very useful.
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 05:00
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For your situation, I would absolutely go to Stern as you'll have easy/convenient access to bank recruiting. With the scholarship money you will actually be able to enjoy what NYC has to offer.
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 20:01
I agree. I would leverage the scholarship and let that be the determining factor.

Are you from the US? I am not sure about the name awareness outside of the US of either school but I would guess MIT is better (not Sloan though). But even taking that into account I doubt that justifies leaving the money on the table.

Congratulations on your hard work and a great result!


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Re: Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 20:06
Thanks for the responses.

I am an Indian candidate. I agree MIT is a bigger brand not Sloan. I am trying to figure out Is it150 K better?
What do you think in terms of recruiting for IM? Stern compared to Sloan? I spoke to people from both schools and it seems that it all depends on networking.

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Re: Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 20:09
mohnishzaveri wrote:
Thanks for the responses.

I am an Indian candidate. I agree MIT is a bigger brand not Sloan. I am trying to figure out Is it150 K better?
What do you think in terms of recruiting for IM? Stern compared to Sloan? I spoke to people from both schools and it seems that it all depends on networking.

Posted from my mobile device


Mohnish-congrats on the admit-would you mind sharing your profile?
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New post 14 Mar 2016, 20:30
IIT grad, 4 years work ex in financial services, 3 years in Singapore, GMAT 760

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Re: Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 20:34
mohnishzaveri wrote:
Thanks for the responses.

I am an Indian candidate. I agree MIT is a bigger brand not Sloan. I am trying to figure out Is it150 K better?
What do you think in terms of recruiting for IM? Stern compared to Sloan? I spoke to people from both schools and it seems that it all depends on networking.

Posted from my mobile device



IM = Investment Management? I guess anything that starts with "I" will be highly competitive and neither school will guarantee anything to you (or anyone else per se), so I would bet on the more certain things such as the scholarship money.
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 14 Mar 2016, 21:45
being debt free puts you miles ahead of your peers!

go with the full ride NYU
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New post 15 Mar 2016, 21:52
After the latest US news rankings, I am getting even more skeptical.. :(
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 15 Mar 2016, 21:55
The rankings punishing Stern is a joke. A very bad one but still a joke. I would not use that as a guiding principle for anything.

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New post 15 Mar 2016, 22:19
Trying not to get biased by this blip...I hope it is one-off and the rankings improve next year...
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New post 15 Mar 2016, 22:26
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mohnishzaveri wrote:
Trying not to get biased by this blip...I hope it is one-off and the rankings improve next year...


I think this unfortunate event has a chance to bring the entire program (faculty, staff, and students) together more than ever and unite them against a common enemy, roaring it back into even a better spot it had. Sometimes a negative event sets of a series of positive ones. It is very early obviously and I just hope they don't do any witch hunts meanwhile to find the scapegoat.
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Stern $$$ vs Sloan  [#permalink]

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New post 15 Mar 2016, 22:32
Go with Stern.

Ignore the USN Ranking nonsense that happened lately. Recruiters don't stop showing up because "USN dropped Stern's rankings".

If you're set on doing investment banking and can do 2-3 years of solid work in a US BB or top boutique, you won't need the MIT Sloan halo when you're back in Asia.

You'll get to save instead of spend your earnings in the first 2-3 years of working. Those savings can go a long way for you if you look to start your own business because you'll need all the capital you can get and some savings to buffer the risks of entrepreneurship.
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 16 Mar 2016, 12:36
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I would go with Stern, MIT has an overall reputation, but Stern's is also very strong especially in finance and given your interest in being in NYC this is another advantage. The scholarship seals the deal for me, that is a lot of money for a program that fits your needs so well.
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 22 Mar 2016, 14:26
Hey Mohnish a few other points, I would ignore the rankings blip, a schools reputation is not built on a few good years in the rankings. For example Booth was #1 in BW for the last few years but nobody would consider Booth the #1 MBA program given how reputations work. To another point if you are looking to move back to asia I would say MIT has a more global reputation and has one of the best in the world that can stack up with any program. Sloan is also similarly strong in finance recruiting with NYU and with it's Boston location is fairly close to America's US hub in NYC. So I would not say recruiting would be a clear win for NYU although I would maybe give it the slight nod. The decision will ultimately come down to the money versus the reputational advantages MIT has in Asia. Congrats on having such great options
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 26 May 2016, 23:55
Hi guys,


Thanks for your opinions. Any other perspectives?

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Stern $$$ vs Sloan  [#permalink]

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New post 27 May 2016, 13:57
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I have to agree with the people above. i think if you got into H/S/W your decision would be different. I believe the difference between MIT and Stern in terms of what you are trying to do post-mba does not outweigh the scholarship money you have been offered. Also, you are very close to all the major financial institutions being in NYC. However, if you wanted to work on startups or something else, the decision would be different.
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Re: Stern $$$ vs Sloan  [#permalink]

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New post 19 Dec 2016, 09:23
mohnishzaveri wrote:
Hi guys,


Thanks for your opinions. Any other perspectives?

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How's the Stern experience been? I've been accepted into Stern for the class of 2019.
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Re: Stern $$$ vs Sloan   [#permalink] 19 Dec 2016, 09:23

Stern $$$ vs Sloan

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