I know it has been debated many times before, but being faced with a decision between Johnson and Kenan-Flagler I wanted to solicit the group's input. I have a background in finance and plan to transition to a post MBA associate level IBD position after this two year experience. Both schools have very similar rosters of BB and MM banks that recruit on campus and send roughly the same number of candidates into the industry each year. Both have similar cultures with the major difference being the cold of Ithaca and perhaps better social scene in Chapel Hill. However, I do think Ithaca is a great town and both my siblings live in the NY area.
At this point I am leaning towards taking the Johnson offer for several reasons:
(1) Prestige of the Ivy league "stamp". As much as we all may hate this type of thought process Cornell has a better overall brand than UNC and will stick with me for life. Someone not familiar with B-school rankings and such would likely conclude that Johnson is the far superior school based off of reputation alone.
(2) Location. Although Ithaca is pretty damn remote, it is only a bus ride from NYC where I will be recruiting for the bulk of my Summer internship opportunities. Johnson has a long history of sending a great pipeline to NYC firms (BB and MM) and has a deep roster of Wall Street graduates (not to mention Cornell undergrads). In addition, I think their immersion program (that can focus on banking) in advance of Summer internships is unique and seems to be a great formulaic approach to turning Summer internships into offers.
(3) Although mentioned above...the immersion. I think this is such a great format to prepare bankers for the rigor of post MBA associate level positions and is part of the reason why their alumni remain so loyal. They know exactly the caliber of candidate that Johnson will produce. KF has a great approach to the curriculum and banking OCR but is not as formulaic (i.e. specific to placing bankers in particular firms) as the Johnson program in my opinion.
(3) Alumni network. Johnson's network seems to be a bit stronger than KF's. I don't know if it is the coldness and remoteness of Ithaca that bonds the Johnson community or the fact that many graduates stay in touch after graduating by virtue of living in the NYC area, but I have found their alumni to be particularly engaging and loyal to the school. Not that KF has bad alumni support, but I just think Johnson's is stronger and more powerful on Wall Street.
Any thoughts from the peanut gallery would be highly appreciated. Especially anyone who has familiarity with either or both programs.