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Hi, I am studying for the GMAT with the intention of applying either this year or next for a full time MBA. I have a degree in economics from a top-5 eastern public school with a 3.49 GPA. Based on past standardized test scores (99% LSAT and SAT), I think I can get 700+, but I have forgotten pretty much all of this math. Let me get down to it, though. I want to live in the west, specifically in Colorado, Washington, Oregon, or California. As far as cities go: 1) Seattle, 2) Portland, 3) San Francisco, 4) Denver 5) whereever a cool company is located in the region. I am open to several career paths, including working with a start-up, non-profit management, or marketing for a company I believe in, but some companies/organizations I am particularly interested include Patagonia, REI, Cliff Bar, Starbucks, North Face, Bill and Melinda Gates Foundation, TOMS shoes. Basically, an organization doing things I care about (outdoors, sustainability, conservation, general crunchy thing).
I am guessing I will be able to get into a couple schools in the 7 - 25 range. Barring an acceptance to Haas, which seems insanely selective, or Stanford (not sure I'm even going to bother applying), does it make sense to choose a school like, say, Fuqua or Yale SOM or Kellogg or NYU over Foster? Basically, I guess, my question is do I take rank over region or region over rank?
My tentative school list from which I'll draw my final list is:
1. Stanford (huge reach) 2. Berkeley Haas (reach) 3. UCLA 4. Texas McCombs 5. NYU Stern 6. Yale SOM 7. Northwestern Kellogg 8. Duke Fuqua 9. Cornell Johnson 10. Vanderbilt Owen 11. Oxford Said (1-year) 12. IE (1-year in Spain)
Archived Foster Discussion
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You've stumbled upon an old discussion from our Foster Forum
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Interested in current discussions? Feel free to dive into our dedicated Foster Forum
for all fresh things related to the Foster MBA program.
The advice I've received has been: 1. Go to Harvard 2. Go to Stanford 3. Go to the best school in the region you want to live (in your case Haas/UCLA/Foster). 4. One caveat might be that the Tuck/Kellogg/Fuqua kids might be recruited for different/better roles at the Amazon's/Microsoft's (however, I don't have any specific knowledge on that).
But if you're not interested in High Finance or M/B/B consulting go to Foster over NYU, Yale, Cornell, etc (despite them being great schools).
Thanks for the feedback. That's my hunch as well. Since I'm not from the west, it seems prudent to go to school there. Yale SOM seems like a good program fit, though, so I plan on giving them a look.
The advice I've received has been: 1. Go to Harvard 2. Go to Stanford 3. Go to the best school in the region you want to live (in your case Haas/UCLA/Foster). 4. One caveat might be that the Tuck/Kellogg/Fuqua kids might be recruited for different/better roles at the Amazon's/Microsoft's (however, I don't have any specific knowledge on that).
But if you're not interested in High Finance or M/B/B consulting go to Foster over NYU, Yale, Cornell, etc (despite them being great schools).
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Regarding the advice above, I caution using over-sweeping generalizations. While Harvard and Stanford may give the candidate the best opportunities, I personally think that fit and introspection is far more important than what network one is associated with.
I say this as someone who has hired, managed, and mentored MBA graduates (with a good share from the top-10 schools) at Microsoft and a few other major tech firms. Those who have true passion and aspirations for their work will go well beyond those who simply rely on their brand network. The real question is whether the program has the right offerings and sets you up to tap into your interests.
To burningcole's point. Foster isn't an investment banking school (although a few grads go to Russell Investments HQ'd locally). Foster invests in areas where Seattle is predominantly strong. Corporate sectors in Seattle include: high-technology (Microsoft, Amazon), retail (Amazon, Costco, Nordstroms), and large-scale manufacturing (Boeing, Paccar), and international business with Asia. Seattle also has a very strong start-up and incubation community for those interested in entrepreneurship.
To his third point about recruited for better roles, I disagree. Microsoft recruits from virtually every school you can think of. They look to the candidate's passion for technology first before what school they're from. Sure Kellogg grads may have an edge in Marketing roles because of their reputation, but Foster (and in general, UW) graduates far outnumber any other school at Amazon and Microsoft because of its close proximity and long-standing relationships with these firms.
Now that I've taken the GMAT and applied to schools, I thought I'd bump this in case anyone has similar interests. I got a 750 on the GMAT and got a little carried away with applications. Ultimately, I to applied to too many schools: UW Foster, Vanderbilt Owen, Dartmouth Tuck, Berkeley Haas, Yale SOM, UCLA Anderson, Columbia, and Wharton. We'll see where I get in, and I'll keep people posted.
In case anyone is curious, I got a large scholarship to UCLA but was denied to UW, so this was a waste of a thread! Hopefully, someone else will get some benefit out of it, though. I planned on attending Foster if I got a better scholarship than UCLA's and close to Vanderbilt's because I decided that attending school where you want to work is ideal, as you can make connections and friends there. Ultimately, I think I would have chosen a top 10 school over Foster unless there was a huge financial difference in favor of Foster and Foster over a top 20 school unless there was a huge financial difference in favor of the top 20 school. I know others will always go rank, but that was my thinking. A moot point now, but I'm sure someone at some point will be considering a similar scenario.
One thing to note that going strictly off of prescribed rankings is flawed because everyone has different needs.
Foster recently released an MBA ranking calculator that enables you to determine your own weights - essentially allowing YOU to determine what is or isn't important - and then gives you relative rankings. Data is sourced and aggregated by the usual ranking sites.