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Stern vs. Ross vs. Johnson ($-$$$$)

25% [6]
62% [15]
12% [3]
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jimmy347539
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Hi All,

Deciding between these 3 schools (there are waitlist options as well, although not counting on those of course).

I would consider Ross and NYU "on-par" with one another in terms of ranking/prestige, with some regional differences - and then I would consider Cornell a very small notch below these schools (recruitment numbers, location, stats, and their lack of Grade Non-Disclosure.) I am attending a scholarship weekend soon which will dictate how much $ I receive in scholarship funding. ($20k to a full scholarship - quite a range).

My ultimate goal is mgmt consulting (MBB/D preferably, of course - but also open to other top/2nd tier firms or potentially internal strategy/M&A groups at F500).

Stern (NYU):
I guess the part I'm struggling with is understanding the strength of consulting at Stern (I know it's a stereotypical "finance" school, although employment data suggests consulting hiring has been growing significantly and is now 28% of the class (class of 2014)). Stern also doesn't publish the number of hires at specific firms, they just state whether they are 3 or higher - which makes it tough to compare. Also, I'm leaning toward Chicago as my city of preference after MBA (less $$ than NYC) - and there are some mgmt consultants at MBB/D in Chicago from Stern - but navigating this recruitment angle would be good to better understand. It's a lot more expensive to live in NYC while in school, and if my job is in NYC after school than I would continue to pay a higher cost of living after school as well. But what you're paying for also offers incredible opportunities while in school (networking, experiential learning, etc.) so there's that to consider as well.

Ross (U of Michigan):
Definitely seems to have the most MBB/D consultants out of the 3 schools, but it's also the biggest of the 3 schools, so # of offers in light of the larger class size could be a little misleading. Strong placement into Chicago offices it appears. MAP is awesome and counteracts some of the disadvantages there is to being in Ann Arbor. I guess being from NY State originally I'm somewhat biased, but I sometimes wonder if NYU is a "better" brand only because its harder to get into (lower acceptance rate) with higher stats (GMAT/GPA). But I keep trying to tell that side of my brain that those figures are completely useless at this point, the schools are even tied in the rankings (US News) and when you think about a school having 0.1 higher avg. GPA and 10 point higher avg. GMAT, who cares anyway? (I feel like this application process turns everyone in a prestige/rankings wh*re - sorry, but it feels like it really does haha).

Johnson (Cornell):
I feel there is little insight into the specific employment numbers at Johnson as well, and I'm unsure how "far" of a drop-off there is, in terms of getting an MBB/D offer or office location preference out of Johnson. (i.e. they might get MBB/D offers but not really for the NYC/BOS/CHI/SF locations). My main question here is.... despite knowing these disadvantages, is it still worth it to attend, given a large enough amount of scholarship $$$? I'm thinking yes, given the high quality of the program experience itself, and the additional benefit of the broader Cornell community. Also, $100K+ less loans is, well, FANTASTIC haha. If I were to get $20k-$50k, I don't think it would sway my decision off of Ross or NYU. $60k-$80k+ though really starts to become very very very attractive

Any and all thoughts are greatly appreciated :)

Congrats for the admission for 3 great schools.

There is something I do not understand in your scholarship in Cornell. As far as I know, Cornell should have informed you with the total amount of scholarship as most schools do. otherwise, taking a decision without knowing clearly the amount would hurt you. Can you shed light about this situation.

Thanks in advance
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jimmy347539
Hi All,

Deciding between these 3 schools (there are waitlist options as well, although not counting on those of course).

I would consider Ross and NYU "on-par" with one another in terms of ranking/prestige, with some regional differences - and then I would consider Cornell a very small notch below these schools (recruitment numbers, location, stats, and their lack of Grade Non-Disclosure.) I am attending a scholarship weekend soon which will dictate how much $ I receive in scholarship funding. ($20k to a full scholarship - quite a range).

My ultimate goal is mgmt consulting (MBB/D preferably, of course - but also open to other top/2nd tier firms or potentially internal strategy/M&A groups at F500).

Stern (NYU):
I guess the part I'm struggling with is understanding the strength of consulting at Stern (I know it's a stereotypical "finance" school, although employment data suggests consulting hiring has been growing significantly and is now 28% of the class (class of 2014)). Stern also doesn't publish the number of hires at specific firms, they just state whether they are 3 or higher - which makes it tough to compare. Also, I'm leaning toward Chicago as my city of preference after MBA (less $$ than NYC) - and there are some mgmt consultants at MBB/D in Chicago from Stern - but navigating this recruitment angle would be good to better understand. It's a lot more expensive to live in NYC while in school, and if my job is in NYC after school than I would continue to pay a higher cost of living after school as well. But what you're paying for also offers incredible opportunities while in school (networking, experiential learning, etc.) so there's that to consider as well.

Ross (U of Michigan):
Definitely seems to have the most MBB/D consultants out of the 3 schools, but it's also the biggest of the 3 schools, so # of offers in light of the larger class size could be a little misleading. Strong placement into Chicago offices it appears. MAP is awesome and counteracts some of the disadvantages there is to being in Ann Arbor. I guess being from NY State originally I'm somewhat biased, but I sometimes wonder if NYU is a "better" brand only because its harder to get into (lower acceptance rate) with higher stats (GMAT/GPA). But I keep trying to tell that side of my brain that those figures are completely useless at this point, the schools are even tied in the rankings (US News) and when you think about a school having 0.1 higher avg. GPA and 10 point higher avg. GMAT, who cares anyway? (I feel like this application process turns everyone in a prestige/rankings wh*re - sorry, but it feels like it really does haha).

Johnson (Cornell):
I feel there is little insight into the specific employment numbers at Johnson as well, and I'm unsure how "far" of a drop-off there is, in terms of getting an MBB/D offer or office location preference out of Johnson. (i.e. they might get MBB/D offers but not really for the NYC/BOS/CHI/SF locations). My main question here is.... despite knowing these disadvantages, is it still worth it to attend, given a large enough amount of scholarship $$$? I'm thinking yes, given the high quality of the program experience itself, and the additional benefit of the broader Cornell community. Also, $100K+ less loans is, well, FANTASTIC haha. If I were to get $20k-$50k, I don't think it would sway my decision off of Ross or NYU. $60k-$80k+ though really starts to become very very very attractive

Any and all thoughts are greatly appreciated :)

Congrats for the admission for 3 great schools.

There is something I do not understand in your scholarship in Cornell. As far as I know, Cornell should have informed you with the total amount of scholarship as most schools do. otherwise, taking a decision without knowing clearly the amount would hurt you. Can you shed light about this situation.

Thanks in advance

Cornell will tell me the specific amount after their scholarship weekend which is the weekend of April 10-11. Then you have to make a decision on April 15th or 16th, so you have a couple days to know how much $$ they give you before you have to make a decision.

I gave the range above because those are the amounts Cornell communicates to you before you get to the weekend (all those invited will get somewhere between $20k and a full-scholarship.)
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wmay
If your end goal is in consulting, Ross would be my choice. Good luck for your waitlists - I am going to release myself from one of Tuck or Kellogg by the end of the month and I hope that changes your decision.

Congrats on getting into some excellent programs! Are you choosing between Tuck and Kellogg right now and have given up on Booth?

Yup - that's right.
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MBB is practically non-existent at Johnson and Stern. Do a quick Linkedin search and you'll see the lack of hires at these firms coming from Johnson and Stern. Consulting placements no matter what firm are going to be higher at Ross; it's a consulting feeder school. Given you prefer Chicago, take Ross. Stern and Johnson may send a few people to MBB a year, but they normally get placed in the NJ/NY/PA offices. You may have to pay more to attend Ross, but the career possibilities for MBB and Deloitte are better, plus the Michigan network is stronger than the other two.
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Please find the below analysis. It may help you in the decision.

https://poetsandquants.com/2014/01/17/wh ... sulting/2/

good luck
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Since consulting as your career goal and Chi town as your location preference, it's quite clear to go with Michigan.
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NickPapagiorgio
MBB is practically non-existent at Johnson and Stern. Do a quick Linkedin search and you'll see the lack of hires at these firms coming from Johnson and Stern. Consulting placements no matter what firm are going to be higher at Ross; it's a consulting feeder school. Given you prefer Chicago, take Ross. Stern and Johnson may send a few people to MBB a year, but they normally get placed in the NJ/NY/PA offices. You may have to pay more to attend Ross, but the career possibilities for MBB and Deloitte are better, plus the Michigan network is stronger than the other two.

From what I've gathered from the internet (similar LinkedIn searches and other articles) is that while the overall number of MBB hires at Stern and Johnson may be less, the percentage of the class that gets hired is similar.

I'm not to sure where you get your information on placements either. From what I've come to understand is that for MBB, Johnson is actually not that strong for NYC placement (my guess is because NYC is a very desirable office for all MBAs). It does however have very strong support from MBB firms in Pittsburgh and Dallas with some recent placements in Chicago, Boston, and San Francisco. I'm not to sure about Ross or Stern. Further research will be required...

Honestly though, if jimmy347539 is strong enough to get a half scholarship, then it's likely that he'll be able to get a closed list interview at Johnson. After that, it'll be up to case interview performance.

With that all being said, Stern and Ross are excellent schools as well, however ~$60k in scholarship is damn attractive...

I hope jimmy347539 updates us on his decision!