Hello all, long time lurker and first time poster.
I applied to four schools in R1, and got rejected by three (Fuqua, Ross and Darden). McDonough was my only acceptance, with no scholarship. I'm debating whether to go to McDonough or try again with other schools. I'm thinking Kenan-Flagler, Kelley, and Mendoza. Maybe even Tepper. I just did a free consultation with an admissions consultant who pointed out flaws in my R1 apps, so I'm confident I could put together stronger submissions for R2.
Reason to stick with McDonough: I currently live in the DC area with my wife, so staying in DC would help with living and travel costs (my wife would be staying here anyway, regardless if I went to study elsewhere). We also would like to settle long-term in the DC area after my MBA. Georgetown brand name is strong globally if we decided to move elsewhere later on.
Reason to apply elsewhere: My background is operations consulting, and I'm looking to move into strategy consulting post-MBA. Realistically, I'm not shooting for MBB but rather tier 2 consulting firms. I'm a bit concerned that McDonough has a lot of recruitment for federal consulting, and there may be no opportunities for private-sector consulting recruiting.
Appreciate any comments and suggestions!