I've narrowed it down to my 2 final options, and after all the conversations with friends, family, students, alum, etc. I find myself SLIGHTLY leaning in one direction (which I'll leave unsaid to avoid any bias), but with my official deadline on Sunday (already factoring in an extension) I figured I'd come here to try and get some very last minute affirmation/opinions. Details are as follows:
Full ride at Stern
50% scholarship at Booth
Currently living in NYC, will want to return post-MBA regardless
Recruiting for IBD
Married (so partner integration/community is a big factor - my wife has the greenlight from her company to work out of Chi if necessary so no concern there)
I understand how even Booth and Stern are with regards to banking, but if after an internship, or even 2-3 years full time, I want out and pivot to buy side, etc., Booth's network/resources would probably be much stronger. From talking to students it does seem like Booth's partner community/community as a whole is stronger, in large part due to Stern's partial commuter school vibe that comes from being in NYC (though I also understand that you can immerse yourself into the community as much or as little as you want). Then the 10,000 pound wildcard in the room, COVID uncertainty, adds a new layer altogether - is it worth the stress of a cross-country move if we're going to be locked down/virtual for the first 6-12 months? How will that affect recruiting? Banks might not be flying people cross country, being in NYC might have its advantages?
Ultimately, is it worth an additional $80k in debt in exchange for M7 prestige, flexibility outside of IBD, and stronger partner community, but also coming with the discomfort/stress of leaving our home in such an uncertain time? Any and all opinions are welcome, look forward to hearing from you all.