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10 Sep 2007, 10:40
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Great stuff Hjort, thank you!
Identifying "underserved" locations presents applicants with value opportunities (to coin an investment term) when it comes to portfolio selection. Strong regional programs are often overlooked in favor of the UE & E cluster schools. If everyone is applying to ABC UE/E program in LA for example, equally strong applicants to XYZ TE/NE/NEF in LA may get better scholarship offers, similar internship opportunities, and face time with the same hiring companies (who often recruit at several schools in the same city). Not taking anything away from a top-10 program, of course. But if you can't get into one, the next best alternative is to shoot for 2nd best.
Additionally, for candidates wanting to break into specific industries: I've always been told that if you can't get into the school of your choice but know what industry you want to work in, GO to the place and start networking like crazy. This list helps those who, for one reason or another, have to forge their own path and go the extra mile in the job hunt.
To give some examples: Many bulge-bracket investment banks have been relocating back & middle office units to areas such as New Jersey, Charlotte NC, and some Mid-West cities. So those interested in Banking & Finance might apply to schools in these cities, in addition to New York.
Those interested in Healthcare/Pharma Management could consider San Diego, a rapidly growing hotbed of Biotech activitiy. Although none of the MBA programs in SD are part of the GMATclub clusters, I would argue that you would have early-mover advantage, being able to capitalize on internships, networking, and developing strong ties with the industry early on.
What do you guys think?
Identifying "underserved" locations presents applicants with value opportunities (to coin an investment term) when it comes to portfolio selection. Strong regional programs are often overlooked in favor of the UE & E cluster schools. If everyone is applying to ABC UE/E program in LA for example, equally strong applicants to XYZ TE/NE/NEF in LA may get better scholarship offers, similar internship opportunities, and face time with the same hiring companies (who often recruit at several schools in the same city). Not taking anything away from a top-10 program, of course. But if you can't get into one, the next best alternative is to shoot for 2nd best.
Additionally, for candidates wanting to break into specific industries: I've always been told that if you can't get into the school of your choice but know what industry you want to work in, GO to the place and start networking like crazy. This list helps those who, for one reason or another, have to forge their own path and go the extra mile in the job hunt.
To give some examples: Many bulge-bracket investment banks have been relocating back & middle office units to areas such as New Jersey, Charlotte NC, and some Mid-West cities. So those interested in Banking & Finance might apply to schools in these cities, in addition to New York.
Those interested in Healthcare/Pharma Management could consider San Diego, a rapidly growing hotbed of Biotech activitiy. Although none of the MBA programs in SD are part of the GMATclub clusters, I would argue that you would have early-mover advantage, being able to capitalize on internships, networking, and developing strong ties with the industry early on.
What do you guys think?
