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22 Mar 2021, 21:14
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Hey everyone,
I’m very grateful to have received acceptances from 4 of the 5 schools I applied to, but what I thought would’ve been an easy decision for my top choice (Booth) is complicated by the fact that another school (Darden) offered me a $35k/yr scholarship. I’m definitely drawn to Booth for its location and flexibility, but Darden would be perfectly fine for my career goals (consulting). To be clear, money isn’t really an issue as I am eligible for 100% tuition coverage and a housing stipend through the GI Bill/Yellow Ribbon program at both schools, and have enough in savings to get by for a couple years. However, it is hard to turn down $70,000 in free money. Thoughts?
[size=80][b][i]Posted from my mobile device[/i][/b][/size]
I’m very grateful to have received acceptances from 4 of the 5 schools I applied to, but what I thought would’ve been an easy decision for my top choice (Booth) is complicated by the fact that another school (Darden) offered me a $35k/yr scholarship. I’m definitely drawn to Booth for its location and flexibility, but Darden would be perfectly fine for my career goals (consulting). To be clear, money isn’t really an issue as I am eligible for 100% tuition coverage and a housing stipend through the GI Bill/Yellow Ribbon program at both schools, and have enough in savings to get by for a couple years. However, it is hard to turn down $70,000 in free money. Thoughts?
[size=80][b][i]Posted from my mobile device[/i][/b][/size]
22 Mar 2021, 21:29
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Congrats on your admits!!!
Both are great schools. Booth is better
also Darden is a slightly different program because it uses case method for a lot of the classes. That is often a unique aspect of the program that either draws people or repels them. It’s a meaningful factor to consider.
I admire the fact that you would save $70,000 for the taxpayers and potentially for your G.I. Bill to use later (or maybe I don’t know how it works and you would actually get to pocket the money?) but I’m not sure that you would. I wouldn’t consider it free money, more like hazard pay for compensation for taking an older piece of gear as a post to the latest version.
Booth is meaningfully stronger for consulting. Frankly, many people would consider Booth even if the money was coming out of their own pocket. It’s very admirable that you want to be responsible with the GI funds. However, that offer is there for a reason. My cousin was in the army for six years and I know some of the challenges have to go through. He sacrificed a lot of his time and mental energy. I wouldn’t feel too guilty taking the money though your situation could’ve been different. Coming out of the military, you need all The help and resources you can get. You don’t try to find the enemy within the equivalent force, you want to have an overwhelming response. Booth gives you that edge.
I would also point out that well many schools report consulting numbers, not all rules are equal. For example Chicago New York offices are the most popular because that is where the strategy teams are and that’s where the best management consulting placements exist. There are different offices in different rules and while the pay may be similar, none of that is reflected in the employment reports.
My only other suggestion would be to look at the military clubs at both schools and see if one of them is stronger than the other. I couldn’t imagine that Darden would beat Booth but who knows... Military club will be a great resource and your additional network for recruiting. It would be worth trading rank for a better military club on campus.
Posted from my mobile device
Both are great schools. Booth is better
also Darden is a slightly different program because it uses case method for a lot of the classes. That is often a unique aspect of the program that either draws people or repels them. It’s a meaningful factor to consider.I admire the fact that you would save $70,000 for the taxpayers and potentially for your G.I. Bill to use later (or maybe I don’t know how it works and you would actually get to pocket the money?) but I’m not sure that you would. I wouldn’t consider it free money, more like hazard pay for compensation for taking an older piece of gear as a post to the latest version.
Booth is meaningfully stronger for consulting. Frankly, many people would consider Booth even if the money was coming out of their own pocket. It’s very admirable that you want to be responsible with the GI funds. However, that offer is there for a reason. My cousin was in the army for six years and I know some of the challenges have to go through. He sacrificed a lot of his time and mental energy. I wouldn’t feel too guilty taking the money though your situation could’ve been different. Coming out of the military, you need all The help and resources you can get. You don’t try to find the enemy within the equivalent force, you want to have an overwhelming response. Booth gives you that edge.
I would also point out that well many schools report consulting numbers, not all rules are equal. For example Chicago New York offices are the most popular because that is where the strategy teams are and that’s where the best management consulting placements exist. There are different offices in different rules and while the pay may be similar, none of that is reflected in the employment reports.
My only other suggestion would be to look at the military clubs at both schools and see if one of them is stronger than the other. I couldn’t imagine that Darden would beat Booth but who knows... Military club will be a great resource and your additional network for recruiting. It would be worth trading rank for a better military club on campus.
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variantguy
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22 Mar 2021, 23:18
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Agree with bb that Booth is significantly stronger than Darden in consulting recruiting.
Here's the data of consulting recruitment outcomes for both schools for Class of 2020 to show this:
- Booth sent ~230 people into consulting, of which 112 people got into MBB.
- Darden sent a total of ~130 people into consulting. MBB data not available but will certainly be much less compared to Booth.
Booth is one of the strongest feeder programs for MBB in particular and consulting in general, and with money not being a factor, Booth is certainly the best option here!
Here's the data of consulting recruitment outcomes for both schools for Class of 2020 to show this:
- Booth sent ~230 people into consulting, of which 112 people got into MBB.
- Darden sent a total of ~130 people into consulting. MBB data not available but will certainly be much less compared to Booth.
Booth is one of the strongest feeder programs for MBB in particular and consulting in general, and with money not being a factor, Booth is certainly the best option here!
