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12 Apr 2021, 09:09
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Hi All,
I am excited to be admitted to two top MBA programs and would like your advice on whether I should take on debt to go to the higher-ranked Haas program if I plan to work and live on the East Coast post-MBA. Also, I am in between recruiting in technology investment banking or sticking to the venture capital route.
Any feedback would be helpful!
I am excited to be admitted to two top MBA programs and would like your advice on whether I should take on debt to go to the higher-ranked Haas program if I plan to work and live on the East Coast post-MBA. Also, I am in between recruiting in technology investment banking or sticking to the venture capital route.
Any feedback would be helpful!
12 Apr 2021, 10:18
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Congrats on your admits and scholarship!!!
This would be a no-brainer if it were Stanford but most West Coast schools have a limited sphere of influence. In part, mini fall in love with the weather and lifestyle and they stay on the West Coast once they get there. It’s not because Haas cannot break into the East Coast, but rather people are choosing to stay west.
Also, there’s a bit of a reputation gap with mini suit wearing bankers on the East Coast who have run ends with West Coast sandal wearing NBA students that West Coast is not really serious about most things. It will be a bit trickier recruiting to go back east.... at the same time, technology and VC sea a ride there in the bay area. Or at least they used to be before the pandemic 😂 so you are somewhat ignoring the biggest strength of Berkeley. It is pretty localize however to bay Area.
It is always hard to quantify scholarships and make a life changing decision based on the dollar figure but I would probably be leaning towards Johnson in this case based on the East Coast long term goal.
VC and Tech, being a greater focus, I would probably suggest Berkeley. If you get the right job in VC, you can easily pay back the scholarship difference was in a couple of years.... though that is no guarantee you score the right one...
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This would be a no-brainer if it were Stanford but most West Coast schools have a limited sphere of influence. In part, mini fall in love with the weather and lifestyle and they stay on the West Coast once they get there. It’s not because Haas cannot break into the East Coast, but rather people are choosing to stay west.
Also, there’s a bit of a reputation gap with mini suit wearing bankers on the East Coast who have run ends with West Coast sandal wearing NBA students that West Coast is not really serious about most things. It will be a bit trickier recruiting to go back east.... at the same time, technology and VC sea a ride there in the bay area. Or at least they used to be before the pandemic 😂 so you are somewhat ignoring the biggest strength of Berkeley. It is pretty localize however to bay Area.
It is always hard to quantify scholarships and make a life changing decision based on the dollar figure but I would probably be leaning towards Johnson in this case based on the East Coast long term goal.
VC and Tech, being a greater focus, I would probably suggest Berkeley. If you get the right job in VC, you can easily pay back the scholarship difference was in a couple of years.... though that is no guarantee you score the right one...
Posted from my mobile device
variantguy
Joined: 03 Feb 2019
Last visit: 13 Aug 2022
Posts: 288
Given Kudos: 250
Location: India
Concentration: Technology, Entrepreneurship
Schools: Haas '23 (M$) Ross '23 (A$) Anderson '22 (A$)
GMAT 1: 750 Q49 V42
WE:Marketing (Computer Software)
Products:
12 Apr 2021, 10:31
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gmatmonkey01
To me, your goals sound very niche, and I'm not sure if either school can get you those exact roles (Cornell is strong in IB in general, but you mentioned tech IB, and I don't know how different/common that is). For VC, I don't think either school is very strong, though I've seen many students being interested in VC at Haas and a handful of alumni in VC funds. The biggest advantage is the location but whether or not that will help you land a VC job depends a lot on your background. I'd suggest adding more details about your pre-MBA experience to the post to help people make more informed suggestions.
Have you interacted with the students at both schools? Which community do you feel more comfortable in?
Full-ride is a big deal, and if you had mentioned conventional post-MBA goals like consulting, tech, IB, I would have recommended taking the money at Cornell. If you're an international, that's another reason to consider the monies at Cornell strongly.
