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jk94
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Ross vs Tepper ($$) 08 May 2020, 16:18
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Hi All,

I am an Indian applicant currently working as a Senior Consultant within the risk advisory services at a Big 4, with an IT engineering background. Post MBA I want to get into Strategy consulting with a viable Plan B aligned to Tech.
Currently I have to make a choice between Ross (20k) and Tepper (60k). I have enjoyed all my interactions with folks associated with both schools and they have been really helpful throughout the process.

bb souvik101990 looking for guidance from your end. Also looking towards the broader group for their inputs as well.

Thank You!
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Ross vs Tepper ($$) 08 May 2020, 16:27
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This seems close to a wash. If covid 19 wasn’t going on, I’d say go with UMICH. With the uncertainty, Tepper looks pretty good with that 60k scholarship.

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Ross vs Tepper ($$) 09 May 2020, 07:57
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Have you tried pushing Ross for an increased scholarship? I know that the GMATclub crew is slightly divided on those thoughts but I've done that last year myself and it works. If Ross moves even a slight bit to 30/40K, your decisions would be much easier.

In this case, I'd say it's a hard choice. If you're heavily inclined consulting, so much so that you're ready to get a dip in money if the trade off comes to that, still choose Ross. If you'd be happy with consulting or Tech, Tepper is an amazing school.

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Ross vs Tepper ($$) 09 May 2020, 09:11
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In crazy times, companies will need advice. The more I learn about Ross, the more impressed I am.
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Ross vs Tepper ($$) 09 May 2020, 23:43
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In crazy times, companies will need advice. The more I learn about Ross, the more impressed I am.
Show more

It’s quite the opposite when there are crazy times. Companies slash costs, meaning less need for consulting services. It doesn’t take consultants to tell companies where to cut. Plus, they hire people to do that internally, who at times have to re-do work that consultants don’t because their assumptions are flawed and processes for their analyses aren’t automated or intuitive. Hence a lot of consolidation in the industry in recent years. The tech industry rarely even uses consulting firms for any work, except to maybe farm off some implementation work.

Nonetheless, Ross is still better for consulting and tech together. The Michigan network and brand will go a long way when you look for tech companies regardless of whether you’re doing on- or off-campus recruiting.

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Ross vs Tepper ($$) 10 May 2020, 07:21
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bigge2win
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In crazy times, companies will need advice. The more I learn about Ross, the more impressed I am.

It’s quite the opposite when there are crazy times. Companies slash costs, meaning less need for consulting services. It doesn’t take consultants to tell companies where to cut. Plus, they hire people to do that internally, who at times have to re-do work that consultants don’t because their assumptions are flawed and processes for their analyses aren’t automated or intuitive. Hence a lot of consolidation in the industry in recent years. The tech industry rarely even uses consulting firms for any work, except to maybe farm off some implementation work.
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I'm not asking you to agree with me ... nor acknowledge I said nothing about the amount of advice givers companies would hire it tough times ... but the fact remains, good advisory services are always needed.

Who do you think works for bankruptcy court judges?

Workout and turnaround specialists. Those folks are essentially hybrid consultants / IBers / operators.

So I stand by my earlier comment ... Companies always need advice. My opinion is rooted in 25 years of experience of giving it.

Wisdom doesn't have an expiration date.

Quote:
Nonetheless, Ross is still better for consulting and tech together. The Michigan network and brand will go a long way when you look for tech companies regardless of whether you’re doing on- or off-campus recruiting.

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IMO, Ross is probably better at developing the mindset of a wise advice giver than Tepper. That's all I was trying to communicate earlier.
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Ross vs Tepper ($$) 10 May 2020, 12:27
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In crazy times, companies will need advice. The more I learn about Ross, the more impressed I am.

It’s quite the opposite when there are crazy times. Companies slash costs, meaning less need for consulting services. It doesn’t take consultants to tell companies where to cut. Plus, they hire people to do that internally, who at times have to re-do work that consultants don’t because their assumptions are flawed and processes for their analyses aren’t automated or intuitive. Hence a lot of consolidation in the industry in recent years. The tech industry rarely even uses consulting firms for any work, except to maybe farm off some implementation work.

I'm not asking you to agree with me ... nor acknowledge I said nothing about the amount of advice givers companies would hire it tough times ... but the fact remains, good advisory services are always needed.

Who do you think works for bankruptcy court judges?

Workout and turnaround specialists. Those folks are essentially hybrid consultants / IBers / operators.

So I stand by my earlier comment ... Companies always need advice. My opinion is rooted in 25 years of experience of giving it.

Wisdom doesn't have an expiration date.

Quote:
Nonetheless, Ross is still better for consulting and tech together. The Michigan network and brand will go a long way when you look for tech companies regardless of whether you’re doing on- or off-campus recruiting.

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IMO, Ross is probably better at developing the mindset of a wise advice giver than Tepper. That's all I was trying to communicate earlier.
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Yeah, the bankruptcy part is valid, although I wonder how much of that work goes to MBB vs. Alix or a bankruptcy specialist.

Maybe you've worked in the industry for 25 years, but you can't deny that consulting has changed quite a bit in the past decade or so. Fortune 500-1000 companies are hiring strategists in house, so they don't need as much or any of the pure strategy work that firms were valued for 15-20 years ago. Hence, why McKinsey and all the other strategy shops following suit to build up practices to do implementation projects. It's hard to sell just strategy anymore, since companies need more than just fancy decks and endless analysis that they can do in house, plus the execution. Sure, companies could use advice in different ways, but you also can't deny that consulting services aren't needed as much during bad times. Companies are trimming the fat and any discretionary spending, which includes employees, enterprise software, and consulting services. Otherwise, hiring for consulting firms wouldn't decrease or be stagnant.
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Ross vs Tepper ($$) 10 May 2020, 13:24
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bigge2win ... what you note says more about the business debrief skills of the partners at the firms and the lack of conviction (and maybe skills) in senior management during good times ... than it says about my primary comments:

1 - Companies always need advice.
2 - Wisdom doesn't have an expiration date.

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Ross vs Tepper ($$) 10 May 2020, 16:40
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bigge2win ... what you note says more about the business debrief skills of the partners at the firms and the lack of conviction (and maybe skills) in senior management during good times ... than it says about my primary comments:

1 - Companies always need advice.
2 - Wisdom doesn't have an expiration date.

Posted from my mobile device
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That’s assuming companies need advice from consultants or that the wisdom consultants offer are of value and are actionable. I don’t mean to tear into the consulting industry, but it’s a lot of candid feedback I hear from companies in all industries, which they may not provide consulting firms.

Companies generally use firms to get validation on their decisions, moreso than advice and guidance, if it’s pure strategy. If there were a study on companies using and retaining consulting firms, I’d bet that most business for firms come from former consultants who exited to industry roles.

We can agree to disagree, but this is the flip side that aspiring MBAs need to see besides the glorification of consulting (and even banking to an extent). Too many people in these forums are in the “MBB or bust” train for why to get an MBA.
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Ross vs Tepper ($$) 10 May 2020, 17:14
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bigge2win ... what you note says more about the business debrief skills of the partners at the firms and the lack of conviction (and maybe skills) in senior management during good times ... than it says about my primary comments:

1 - Companies always need advice.
2 - Wisdom doesn't have an expiration date.

Posted from my mobile device

That’s assuming companies need advice from consultants or that the wisdom consultants offer are of value and are actionable. I don’t mean to tear into the consulting industry, but it’s a lot of candid feedback I hear from companies in all industries, which they may not provide consulting firms.

Companies generally use firms to get validation on their decisions, moreso than advice and guidance, if it’s pure strategy. If there were a study on companies using and retaining consulting firms, I’d bet that most business for firms come from former consultants who exited to industry roles.

We can agree to disagree, but this is the flip side that aspiring MBAs need to see besides the glorification of consulting (and even banking to an extent). Too many people in these forums are in the “MBB or bust” train for why to get an MBA.
Show more

I STRONGLY agree "MBB or bust" is a lame way to approach your career. Arguably, it's an intellectually and emotionally unhealthy way to approach it, too.

Companies always need good advice. What does a Chair do for the Board?

What does division VP do for the sales woman who's really good (generally) but has hit a bit of a wall?

What does the CFO do for do for the company president?

Etc.

Note ... I said nothing about external advisors. Just that companies need wisdom...
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Ross vs Tepper ($$) 10 May 2020, 17:23
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I have actually gone through a couple re-orgs including one in 2009 and both times the company did hire McKenzie or Accenture to lay out a strategy. I feel that the main reason wasn’t so much the brightness of those consultants but rather to shift the blame on to them. (They added some value by validating the assumptions or some basic framework. One of the high end strategy was implemented). But at the end, They were the bad guys who are cutting people and coming up with a plan, not the executives. The executives were simply following the plan outlined by consultants.... So consultants do have a role to play :-)



bigge2win
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In crazy times, companies will need advice. The more I learn about Ross, the more impressed I am.

It’s quite the opposite when there are crazy times. Companies slash costs, meaning less need for consulting services. It doesn’t take consultants to tell companies where to cut. Plus, they hire people to do that internally, who at times have to re-do work that consultants don’t because their assumptions are flawed and processes for their analyses aren’t automated or intuitive. Hence a lot of consolidation in the industry in recent years. The tech industry rarely even uses consulting firms for any work, except to maybe farm off some implementation work.

Nonetheless, Ross is still better for consulting and tech together. The Michigan network and brand will go a long way when you look for tech companies regardless of whether you’re doing on- or off-campus recruiting.

Posted from my mobile device
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Ross vs Tepper ($$) 10 May 2020, 17:44
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All the points mentioned are extremely valuable.

My 2 cents... It's one MBA, this will be with you for the rest of your life. So the choice is yours.
Now, if you are leaning heavily on consulting, keep this factor in mind too... in MBA school recruiting (internship/full-time)
--> one's capability is pitted against that of others in his/her class your 740 in GMAT would be less common in some schools. In consulting the firms still care about the GMAT score.

Both are great programs. Congratulations !! Please keep us posted.
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Ross vs Tepper ($$) 12 May 2020, 21:54
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voted tepper because ann arbor is awful
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Ross vs Tepper ($$) 12 May 2020, 21:59
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I missed the thread (and the diss on Ann Arbor).

Ross > Tepper for both consulting and tech. I’d pick Ross.

Let me know if you have Ross specific questions. I recruited both tech and consulting and interviewed a bunch.

Overal strategy consulting is a lot better at Ross than Tepper. Tech can be similar and you can hack into most tech companies with either school. Tech tends to be a lot more agnostic towards school brand and prestige. Amazon and Microsoft are big recruiters at Ross but they hire a lot from Tepper too.

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