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The decision deadline is approaching and I've narrowed my choices down to Cornell with a scholarship or NYU. My target industry post-MBA is investment banking, but I'm not sure which school I should choose. NYU clearly has the better finance program and the location is an advantage, but I'm not sure what the career prospects look like at Cornell versus NYU for investment banking. Not sure if the $$ at Cornell is worth not attending NYU, or if it even makes a difference.

Does anybody have any thoughts or in a similar situation and having to choose between a scholarship versus location and ranking?
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The decision deadline is approaching and I've narrowed my choices down to Cornell with a scholarship or NYU. My target industry post-MBA is investment banking, but I'm not sure which school I should choose. NYU clearly has the better finance program and the location is an advantage, but I'm not sure what the career prospects look like at Cornell versus NYU for investment banking. Not sure if the $$ at Cornell is worth not attending NYU, or if it even makes a difference.

Does anybody have any thoughts or in a similar situation and having to choose between a scholarship versus location and ranking?

https://www.johnson.cornell.edu/For-Recr ... -MBAs.aspx

https://www.stern.nyu.edu/programs-admis ... /index.htm

Comparing the stats, 10% going into banking from Cornell and 28% from NYU. Huge difference, but not impossible from Cornell. NYU has a much better network on Wall Street from what I've seen though so that might be very beneficial. Is your Cornell scholarship very large? Then, would you be going there just because its however much cheaper?
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The decision deadline is approaching and I've narrowed my choices down to Cornell with a scholarship or NYU. My target industry post-MBA is investment banking, but I'm not sure which school I should choose. NYU clearly has the better finance program and the location is an advantage, but I'm not sure what the career prospects look like at Cornell versus NYU for investment banking. Not sure if the $$ at Cornell is worth not attending NYU, or if it even makes a difference.

Does anybody have any thoughts or in a similar situation and having to choose between a scholarship versus location and ranking?


Comparing the stats, 10% going into banking from Cornell and 28% from NYU. Huge difference, but not impossible from Cornell. NYU has a much better network on Wall Street from what I've seen though so that might be very beneficial. Is your Cornell scholarship very large? Then, would you be going there just because its however much cheaper?

The scholarship at Cornell would result in more than half off the cost of tuition. To answer the question...yes cost is the factor here as long career prospects aren't somehow worse at Cornell versus NYU.

While a smaller % of Cornell students go into investment banking, compared to NYU, my thought was that there might be less competition from the same jobs. NYU is known as a finance school so I would think a greater % of the students go into investment banking. Maybe I'm thinking about it the wrong way.
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Cornell is essentially a finance school as well according to the metrics. The BusinessWeek profile lists 40% under accounting/finance.
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^Tuck is an absolutely wonderful place, and money notwithstanding, it's hard to turn it down because I forged a real connection with the people there. I feel like I'm torn between two equally fine lovers.

That's actually a great analogy, similar to how I feel about Tuck & Kellogg.

What did it at Wharton for you?

A large part of the reason I'm going to business school is to become a more well-rounded marketer. I have lots of soft skills, but I really want some hard core training on numbers, finance, and all of the aspects that one would consider hard skills. Tuck isn't short on these hard skills at all, but I feel like Wharton will put me so much out of my comfort zone that I will become really comfortable with running excel models to forecast sales of cheese slices or whatever I'll be marketing down the line.

What concerned me initially about Wharton was that I thought the people were going to be kind of disengaged, stand off-ish and otherwise unpleasant (I actually almost didn't apply), but every interaction I've had with Wharton people since being admitted has proven my initial assumption wrong. I also found the black community to be strong and supportive and the men to be cute (lol).

I had a good time in Philly during Welcome Weekend, and hanging out in Philly made me question if I could truly be happy in a small, remote (although beautiful) place for two years. On top of all that, I won't pretend that Wharton's prestige isn't a factor.

Cute men is a crucial factor in determining where to go to school. I will agree that Wharton definitely has some nice eye candy. I too have concerns about Wharton's culture. A lot of people warned me away from Wharton ("I don't really see you there" type of stuff) because they said it was too finance heavy and people were overly competitive. I think one person told me, "People at Wharton have sharp elbows." However, when I visited this fall during Explore Wharton that's not the impression I got at all. I found the students to be really warm, humble, friendly, and willing to help me out in any way they could. I also really liked that the students tended to have a sort of snarky sense of humor to them.


I'm still not sure which school I'm going to choose. I want to attend all of the ASWs before deciding. However, I do think that my personal experiences at Wharton have gone a long way toward assuaging my concerns.
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The decision deadline is approaching and I've narrowed my choices down to Cornell with a scholarship or NYU. My target industry post-MBA is investment banking, but I'm not sure which school I should choose. NYU clearly has the better finance program and the location is an advantage, but I'm not sure what the career prospects look like at Cornell versus NYU for investment banking. Not sure if the $$ at Cornell is worth not attending NYU, or if it even makes a difference.

Does anybody have any thoughts or in a similar situation and having to choose between a scholarship versus location and ranking?

If you're going iBanking NYU and Columbia are going to best position you for that industry. The other thing to note here is that your earning potential is going to be substantial. So whatever money you save with scholarships is likely going to be incremental if you are a successful banker.

Just my .02 cents
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mhenning
The decision deadline is approaching and I've narrowed my choices down to Cornell with a scholarship or NYU. My target industry post-MBA is investment banking, but I'm not sure which school I should choose. NYU clearly has the better finance program and the location is an advantage, but I'm not sure what the career prospects look like at Cornell versus NYU for investment banking. Not sure if the $$ at Cornell is worth not attending NYU, or if it even makes a difference.

Does anybody have any thoughts or in a similar situation and having to choose between a scholarship versus location and ranking?


Comparing the stats, 10% going into banking from Cornell and 28% from NYU. Huge difference, but not impossible from Cornell. NYU has a much better network on Wall Street from what I've seen though so that might be very beneficial. Is your Cornell scholarship very large? Then, would you be going there just because its however much cheaper?

The scholarship at Cornell would result in more than half off the cost of tuition. To answer the question...yes cost is the factor here as long career prospects aren't somehow worse at Cornell versus NYU.

While a smaller % of Cornell students go into investment banking, compared to NYU, my thought was that there might be less competition from the same jobs. NYU is known as a finance school so I would think a greater % of the students go into investment banking. Maybe I'm thinking about it the wrong way.

I'm looking to get into Ibanking as well and will be attending Cornell this year with a fellowship. I actually ranked Stern 1 and Cornell 2 on my consortium app, but if you wouldve asked me two weeks after i wouldve flipped the two. Cornell has a lot of great connections at NYC banks and a lot of the top banks come to campus to recruit. As you said earlier NYU is known as a finance school and the competition there is much more fierce than at Johnson. Speaking with a number of Johnson students looking to go into banking, they all told me that they were able to do well as far a recruiting for IB and aren't at a huge disadvantage to the NYC schools, one 1st year whom i met a few weeks ago didn't even think she was going into IB and therefore didn't recruit until around October, and she landed an offer from GS for the summer. Granted its tough to beat the proximity of NYU to Wall St, and it will require some hustle to make things happen, but I'm fully prepared to drive down to NYC on thursday nights to meet with banks on fridays. I dont think you'll be doing yourself a disservice by attending Cornell, the two are actually pretty closely ranked and I think Cornell is actually ranked higher on P&Qs list for 2011 (But who cares about rankings anyway, right?)

I ended up getting WL'd at Stern but got a full ride at Johnson, but I think had I gotten into both I mightve picked Cornell even without the scholarship. Now you have a 1/2 scholly from Johnson so that def puts things in their favor i think, as that's a significant amount of money, with interest, that you wont have to pay back, plus the cost of living is much cheaper which was a big deal for me.

My advice would be to come to DJ next week and go to Stern's admit wknd and see which environment and group of people you fit in best with, but you really wont be making a "wrong" decision with either school.

Feel free to shoot me a PM if you wanna discuss more or wanna link up at DJ, theres a bunch of GMAT Club people who are going to be there.
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I might turn down Tuck for Wharton. I'm leaning towards Wharton, but I'm going to go to Tuck's Admit Weekend to give that option full consideration.


Wow,....thats a heavy decision. Jacksparrow turning down Goizueta for Kellogg is an easy call IMO,..but your call is pretty much a toss up. Full ride at Tuck is no joke,...and the pedigree of Wharton is also no joke! Best of luck in your decision.

Not that this will factor into your decision,...but i'm hoping we become classmates. :)

AmericanWoman,

More power to you and frankly I'm not surprised. I'm not going to hate too hard on my almost decided future school, but Tuck took a hit this year in the rankings on Forbes and U.S. News - it's also not for everyone. I'll be honest, I'm even having some second thoughts.

The other piece that I've mentioned before is that I'm disappointed in the companies showing up at OP this year and have already come to terms with the fact unless more companies sign up I may not even prep for interviews and just focus on joining the fall/spring recruiting rat race.

Seriously not happy with the selection this year.

Cmon Senator!! You don't wanna work for General Mills or 3M?? haha, j/k. I feel you,..I can see how the OP could seem disappointing if you were expecting Google or Apple (or similiar top tier companies) to be represented. What I would say is try to keep an open mind. You may find some amazing opportunities that may not seem sexy at first glance. Its what you do as much as where you do it.

And about Tuck and the rankings,...rankings are literally the last thing on my mind. SMU is ranked higher than Tuck in some rankings,...so there.
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Will say this about Wharton... I still find their students to be the humblest of the lot. Perhaps this sounds silly, but the resumes on these folks are more than impressive but you'd never know it by how they carry themselves.


Perhaps getting dinged at Stanford and Harvard tempered their egos a bit? J/k to all wharton admits,..ha. A good friend's wife went to Wharton and I've never met a more humble down to earth person than her. All top schools have great people.
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Hey!! In CPG General Mills is definitely a top tier company. Look at Kantar ratings. Don't sleep on the Big G. With that said, the CPG industry is boring as all get out, IMHO.

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Wow,....thats a heavy decision. Jacksparrow turning down Goizueta for Kellogg is an easy call IMO,..but your call is pretty much a toss up. Full ride at Tuck is no joke,...and the pedigree of Wharton is also no joke! Best of luck in your decision.

Not that this will factor into your decision,...but i'm hoping we become classmates. :)

AmericanWoman,

More power to you and frankly I'm not surprised. I'm not going to hate too hard on my almost decided future school, but Tuck took a hit this year in the rankings on Forbes and U.S. News - it's also not for everyone. I'll be honest, I'm even having some second thoughts.

The other piece that I've mentioned before is that I'm disappointed in the companies showing up at OP this year and have already come to terms with the fact unless more companies sign up I may not even prep for interviews and just focus on joining the fall/spring recruiting rat race.

Seriously not happy with the selection this year.

Cmon Senator!! You don't wanna work for General Mills or 3M?? haha, j/k. I feel you,..I can see how the OP could seem disappointing if you were expecting Google or Apple (or similiar top tier companies) to be represented. What I would say is try to keep an open mind. You may find some amazing opportunities that may not seem sexy at first glance. Its what you do as much as where you do it.

And about Tuck and the rankings,...rankings are literally the last thing on my mind. SMU is ranked higher than Tuck in some rankings,...so there.
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Hey!! In CPG General Mills is definitely a top tier company. Look at Kantar ratings. Don't sleep on the Big G. With that said, the CPG industry is boring as all get out, IMHO.


Definitely,..General Mills is one of the best at what they do......but as you said the industry isn't so hot. Most people wouldn't rate it w/ the top tier companies in Tech, Finance, or Consulting. Still,..its good to keep an open mind. The biggest turnoff about those companies for me would be living in flyover country (no offense to anyone from there).
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Hey!! In CPG General Mills is definitely a top tier company. Look at Kantar ratings. Don't sleep on the Big G. With that said, the CPG industry is boring as all get out, IMHO.


Definitely,..General Mills is one of the best at what they do......but as you said the industry isn't so hot. Most people wouldn't rate it w/ the top tier companies in Tech, Finance, or Consulting. Still,..its good to keep an open mind. The biggest turnoff about those companies for me would be living in flyover country (no offense to anyone from there).

lol, proud to claim flyover here :-D
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The other piece that I've mentioned before is that I'm disappointed in the companies showing up at OP this year and have already come to terms with the fact unless more companies sign up I may not even prep for interviews and just focus on joining the fall/spring recruiting rat race.

Seriously not happy with the selection this year.

Cmon Senator!! You don't wanna work for General Mills or 3M?? haha, j/k. I feel you,..I can see how the OP could seem disappointing if you were expecting Google or Apple (or similiar top tier companies) to be represented. What I would say is try to keep an open mind. You may find some amazing opportunities that may not seem sexy at first glance. Its what you do as much as where you do it.

And about Tuck and the rankings,...rankings are literally the last thing on my mind. SMU is ranked higher than Tuck in some rankings,...so there.

I'm not knocking the companies that are attending at all. But some of the regulars that have come in year's past are absent... and makes me wonder if Consortium is no longer a solid pipeline for talent or they don't want to come to Minneapolis or they just prefer traditional recruiting season? I don't know the answer, but I do know I want to follow my dreams and that doesn't include working for Medtronic, General Mills or Kraft (anything can happen tho).

My feeling at this point is if I went through all this rigmarole to get into school I may as well see it through to the end as I approach my career.
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There is still time for other companies to sign up so don't give up just yet. The early bird deadline is this week but companies can continue to sign up until the conference.

I'm surprised to see people are already passing judgement and showing disappointment with the Consortium. OP is also an opportunity to network, improve your resume and interviewing skills, and generally start getting into the school groove before anyone else in your class does. All of this is being provided to you for FREE, if you are attending a Consortium school.

They can't possibly have all of our ideal employers there or guarantee that any of us can secure an internship. Where's the optimism and hope that it'll be a valuable experience nonetheless? Senator, aren't your expectations for the OP another form of entitlement you argue against on your blog? Please don't take this as an attack. I'm not trying to be argumentative - I'm mainly trying to remind folks that we should all be grateful for having this opportunity.

I'm personally still ecstatic to be part of the Consortium and look forward to OP even if Ed Pioneers or Broad don't make an appearance.
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The other piece that I've mentioned before is that I'm disappointed in the companies showing up at OP this year and have already come to terms with the fact unless more companies sign up I may not even prep for interviews and just focus on joining the fall/spring recruiting rat race.

Seriously not happy with the selection this year.

Cmon Senator!! You don't wanna work for General Mills or 3M?? haha, j/k. I feel you,..I can see how the OP could seem disappointing if you were expecting Google or Apple (or similiar top tier companies) to be represented. What I would say is try to keep an open mind. You may find some amazing opportunities that may not seem sexy at first glance. Its what you do as much as where you do it.

And about Tuck and the rankings,...rankings are literally the last thing on my mind. SMU is ranked higher than Tuck in some rankings,...so there.

I'm not knocking the companies that are attending at all. But some of the regulars that have come in year's past are absent... and makes me wonder if Consortium is no longer a solid pipeline for talent or they don't want to come to Minneapolis or they just prefer traditional recruiting season? I don't know the answer, but I do know I want to follow my dreams and that doesn't include working for Medtronic, General Mills or Kraft (anything can happen tho).

My feeling at this point is if I went through all this rigmarole to get into school I may as well see it through to the end as I approach my career.

What companies were you expecting,..if you don't mind me asking? And what are your career plans/dreams?
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There is still time for other companies to sign up so don't give up just yet. The early bird deadline is this week but companies can continue to sign up until the conference.

I'm surprised to see people are already passing judgement and showing disappointment with the Consortium. OP is also an opportunity to network, improve your resume and interviewing skills, and generally start getting into the school groove before anyone else in your class does. All of this is being provided to you for FREE, if you are attending a Consortium school.

They can't possibly have all of our ideal employers there or guarantee that any of us can secure an internship. Where's the optimism and hope that it'll be a valuable experience nonetheless? Senator, aren't your expectations for the OP another form of entitlement you argue against on your blog? Please don't take this as an attack. I'm not trying to be argumentative - I'm mainly trying to remind folks that we should all be grateful for having this opportunity.

I'm personally still ecstatic to be part of the Consortium and look forward to OP even if Ed Pioneers or Broad don't make an appearance.

Yeah, I view OP as the icing on the cake,...I'll take full advantage of whats available but I'm of the mindset that I will hopefully secure internships via OCI's (because its more in line w/ my career interests). That being said,..I'm fully open to one of these companies changing my mind.

But honestly, I'm more interested in meeting all of you guys/girls and just building a strong network. To a certain degree now that we're in the Consortium,.. we have to take ownership of it and make it as strong as possible. If we all excel at what we do,..in the next 10-15 years we'll be in positions where we can influence some of the best firms in the world to recruit through the Consortium. Its not just about what we can gain,..but what we can contribute.
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^That sounds about right to me, regardless of what companies are at OP.
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