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25 Apr 2021, 13:45
Kudos
Bookmarks
Hello Guys,
I have decide between Columbia and Yale EMBA programs. Both are very strong and have a great reputation.
My focus is on Pharmaceuticals Sector, Both programs have HPM ( Columbia ) and Healthcare Track ( Yale ). After doing some research I landed:
Columbia
1) Columbia has far more pharmaceutical commercialization courses than Yale SOM
2)Columbia has a more diverse set and number of courses to draw from from other areas
3)New York City Advantage
4)Deeper digital health inroads
5)Larger alumni network
6)Columbia University ranked Number 3 in US News for 2021, and ranked top 10 business school in the world
Yale
1)Yale has a slightly higher reputation even though ranked slightly lower? ( Am I imagining this?, after reading this in a few places? Highly debated, I am not quite sure of this !)
2)Yale is extremely good at healthcare service delivery and alumni strongly placed in healthcare public policy, government and hospitals
3)Smaller number of graduating healthcare MBAs overall, compared to CBS
4)MBA is more general management focus and brings in more MDs into the program
5)Smaller alumni network comparatively
6)Yale is right behind Columbia in all rankings, by 1 or 2 spots. Really no big difference.
I would like get your thoughts, focusing on the Pharmaceuticals specialization and not healthcare delivery for both schools.
I have decide between Columbia and Yale EMBA programs. Both are very strong and have a great reputation.
My focus is on Pharmaceuticals Sector, Both programs have HPM ( Columbia ) and Healthcare Track ( Yale ). After doing some research I landed:
Columbia
1) Columbia has far more pharmaceutical commercialization courses than Yale SOM
2)Columbia has a more diverse set and number of courses to draw from from other areas
3)New York City Advantage
4)Deeper digital health inroads
5)Larger alumni network
6)Columbia University ranked Number 3 in US News for 2021, and ranked top 10 business school in the world
Yale
1)Yale has a slightly higher reputation even though ranked slightly lower? ( Am I imagining this?, after reading this in a few places? Highly debated, I am not quite sure of this !)
2)Yale is extremely good at healthcare service delivery and alumni strongly placed in healthcare public policy, government and hospitals
3)Smaller number of graduating healthcare MBAs overall, compared to CBS
4)MBA is more general management focus and brings in more MDs into the program
5)Smaller alumni network comparatively
6)Yale is right behind Columbia in all rankings, by 1 or 2 spots. Really no big difference.
I would like get your thoughts, focusing on the Pharmaceuticals specialization and not healthcare delivery for both schools.
25 Apr 2021, 14:37
Kudos
Bookmarks
Congratulations on your admits!
First things first, how are you planning to recruit after your executive MBA? Are you planning to stay with your current employer or are you playing to change your employers or potentially roles?
Most of the executive programs do not have a recruiting component. Some have been opening there on campus recruiting two part-time and executive students but usually there is such a mismatch between the on-campus recruiting needs and the skills that you have, that it’s hardly valuable for someone who is more experienced and is looking for a senior management position. Obviously there are exceptions, but I’m talking about general terms.
The best opportunity for recruiting from an executive program tends to be leveraging your immediate networks such as your personal network or your classmates. You won’t ever have any better connections than the people you suffered with through some weird classes together and people who you’ve been doing team-based exercises, being silly and so on. Your cohort or your class will be your strongest network. They will be the ones who can help you get your dream job by referring you or offering tips or sometimes potentially hiring you. So the question is, which program would have people you would like to be closer to? I wouldn’t worry so much about what classes are offered in each program. Some may sound very exciting but will turn out to be completely boring and others will be unavailable because the professor doesn’t teach during the evenings and others will overlap with your core classes so you won’t be able to take them. Choosing school just based on classes is a bit of a gamble... obviously you want your interest to be matching but there is quite a bit of uncertainty involved and the enthusiasm for more classes and learning quickly fades after the first year. ... moreover you can always learn what you have missed in school by getting a book or doing some outside research. None of the employers will be looking at your transcript and marveling at all the classes you took.
Anyway, that was a long introduction and the way to basically say that your classmates will be your most important asset. Do you want to make sure do you have the right kind of classmates and there are many of them. As the result, the size of the program matters. The bigger the program, the better. The same applies to the alumni network. You are more likely to hear back from executive MBA alums rather than just CBS students. In part, because by the time you’ll be reaching out to a full-time Columbia graduate or a full-time Yale graduate, it’s probably been 10 to 20 years since they graduated and who knows if their email is incorrect or if they even feel close enough to the school. They might’ve been bombarded with all the endowment request in the emails and they’re tired of it. Though I do have to say, that most top 10 schools and especially M7 tend to have pretty strong and responsive alum groups.
Second consideration would be logistics and geography. I think both programs are well-known and have strong names both domestically and internationally but you will probably see a lot more people in New York City who have a Columbia connection then a Yale connection. So if you’re planning to be in New York, it makes sense to align yourself with a dominant player in the city. Chances are somebody’s sister or daughter or niece went to Columbia and maybe they didn’t go for the executive program but some it is still a connection. And helps build camaraderie and bridge gaps in new settings and while meeting new people. Definitely not a must half but it’s a helpful grease to put on your elbows so to speak
If you haven’t figured it out by now, I have no clue but pharmaceuticals and I could not recommend to you the programs one way or another specifically for that focus. It is a pretty niche focus. Healthcare is definitely sealed but my guess is you’ll have a small portion of the class going to pharmaceutical and be interested in that. As the result, I would take a look at the LinkedIn and see what you can find in terms of connection between EMBA and your potential employer list. It will be a bit messy to try to locate people who received an executive MBA because many will not be putting the executive designation so you’ll have to look at the age and how much work experience has passed between college and MBA. At the same time, you would be tapping into the full-time networks as well so seeing a picture of both executive and full-time is helpful too. I would recommend starting to research future employer targets And having as clear of an idea where you want to work as possible. That will save you a lot of time and effort to while doing school and also will cut through some red tape and save some time.
Posted from my mobile device
First things first, how are you planning to recruit after your executive MBA? Are you planning to stay with your current employer or are you playing to change your employers or potentially roles?
Most of the executive programs do not have a recruiting component. Some have been opening there on campus recruiting two part-time and executive students but usually there is such a mismatch between the on-campus recruiting needs and the skills that you have, that it’s hardly valuable for someone who is more experienced and is looking for a senior management position. Obviously there are exceptions, but I’m talking about general terms.
The best opportunity for recruiting from an executive program tends to be leveraging your immediate networks such as your personal network or your classmates. You won’t ever have any better connections than the people you suffered with through some weird classes together and people who you’ve been doing team-based exercises, being silly and so on. Your cohort or your class will be your strongest network. They will be the ones who can help you get your dream job by referring you or offering tips or sometimes potentially hiring you. So the question is, which program would have people you would like to be closer to? I wouldn’t worry so much about what classes are offered in each program. Some may sound very exciting but will turn out to be completely boring and others will be unavailable because the professor doesn’t teach during the evenings and others will overlap with your core classes so you won’t be able to take them. Choosing school just based on classes is a bit of a gamble... obviously you want your interest to be matching but there is quite a bit of uncertainty involved and the enthusiasm for more classes and learning quickly fades after the first year. ... moreover you can always learn what you have missed in school by getting a book or doing some outside research. None of the employers will be looking at your transcript and marveling at all the classes you took.
Anyway, that was a long introduction and the way to basically say that your classmates will be your most important asset. Do you want to make sure do you have the right kind of classmates and there are many of them. As the result, the size of the program matters. The bigger the program, the better. The same applies to the alumni network. You are more likely to hear back from executive MBA alums rather than just CBS students. In part, because by the time you’ll be reaching out to a full-time Columbia graduate or a full-time Yale graduate, it’s probably been 10 to 20 years since they graduated and who knows if their email is incorrect or if they even feel close enough to the school. They might’ve been bombarded with all the endowment request in the emails and they’re tired of it. Though I do have to say, that most top 10 schools and especially M7 tend to have pretty strong and responsive alum groups.
Second consideration would be logistics and geography. I think both programs are well-known and have strong names both domestically and internationally but you will probably see a lot more people in New York City who have a Columbia connection then a Yale connection. So if you’re planning to be in New York, it makes sense to align yourself with a dominant player in the city. Chances are somebody’s sister or daughter or niece went to Columbia and maybe they didn’t go for the executive program but some it is still a connection. And helps build camaraderie and bridge gaps in new settings and while meeting new people. Definitely not a must half but it’s a helpful grease to put on your elbows so to speak
If you haven’t figured it out by now, I have no clue but pharmaceuticals and I could not recommend to you the programs one way or another specifically for that focus. It is a pretty niche focus. Healthcare is definitely sealed but my guess is you’ll have a small portion of the class going to pharmaceutical and be interested in that. As the result, I would take a look at the LinkedIn and see what you can find in terms of connection between EMBA and your potential employer list. It will be a bit messy to try to locate people who received an executive MBA because many will not be putting the executive designation so you’ll have to look at the age and how much work experience has passed between college and MBA. At the same time, you would be tapping into the full-time networks as well so seeing a picture of both executive and full-time is helpful too. I would recommend starting to research future employer targets And having as clear of an idea where you want to work as possible. That will save you a lot of time and effort to while doing school and also will cut through some red tape and save some time.
Posted from my mobile device
BB, Thank you for your very detailed and significantly insightful post.
I am looking to stay in my current company ( Top 3 in Global Pharma ). I may consider other top pharma companies or upcoming biotechs but I anticipate it will be based on connections, executive recruiting etc. So I will not need the campus recruiting aspect. I do understand that both schools have robust mechanisms to enable reach outs if interested in switching companies within the pharma industry or even switching industries ( which I am not interested in )
I already did do my research on CBS and Yale SOM and can tell you that CBS has a much higher pool to tap from specifically from the NE geography and overall on Linkedin. I am based out of the tri-state area.
Your insights about the courses are correct, maybe by the time we reach 2nd year it will lose steam, but based on my research CBS has a set of courses I am interested in taking regarding pharma commercialization over Yale SOM for my electives which will dominate the second half of the program. I do feel as I am typing this post, CBS has a more robust pharma focus than Yale. I have done due diligence on the clubs at both schools and in the recent past ( 5 years ) CBS has been hitting it out of the park with CEO's of major pharma companies at their events/conferences etc. as opposed to Yale which again does an incredible job but bringing in people more focused towards Healthcare delivery/policy.
I agree both schools have a smaller amount of pharma concentrated students graduating since it is niche. Between the two CBS's numbers stack much higher than Yale SOM not just with graduating students but also wrt. alumni and elective's. I do like the fact CBS is offering a lifetime learning option ( very serious effort by the school here, one of the new Dean's top priorities in his tenure ) where alumni can audit courses in-person or online ( now more so due to going virtual with the pandemic ) which I can take post graduation as well. This is because Pharma is a complex industry and more knowledge/awareness to the latest academia/current innovation leads to better application on the ground.
I know this post is seeming like I am leaning more to Columbia than Yale. But I want to draw upon opposing view points before I make my decision.
Thoughts?
I am looking to stay in my current company ( Top 3 in Global Pharma ). I may consider other top pharma companies or upcoming biotechs but I anticipate it will be based on connections, executive recruiting etc. So I will not need the campus recruiting aspect. I do understand that both schools have robust mechanisms to enable reach outs if interested in switching companies within the pharma industry or even switching industries ( which I am not interested in )
I already did do my research on CBS and Yale SOM and can tell you that CBS has a much higher pool to tap from specifically from the NE geography and overall on Linkedin. I am based out of the tri-state area.
Your insights about the courses are correct, maybe by the time we reach 2nd year it will lose steam, but based on my research CBS has a set of courses I am interested in taking regarding pharma commercialization over Yale SOM for my electives which will dominate the second half of the program. I do feel as I am typing this post, CBS has a more robust pharma focus than Yale. I have done due diligence on the clubs at both schools and in the recent past ( 5 years ) CBS has been hitting it out of the park with CEO's of major pharma companies at their events/conferences etc. as opposed to Yale which again does an incredible job but bringing in people more focused towards Healthcare delivery/policy.
I agree both schools have a smaller amount of pharma concentrated students graduating since it is niche. Between the two CBS's numbers stack much higher than Yale SOM not just with graduating students but also wrt. alumni and elective's. I do like the fact CBS is offering a lifetime learning option ( very serious effort by the school here, one of the new Dean's top priorities in his tenure ) where alumni can audit courses in-person or online ( now more so due to going virtual with the pandemic ) which I can take post graduation as well. This is because Pharma is a complex industry and more knowledge/awareness to the latest academia/current innovation leads to better application on the ground.
I know this post is seeming like I am leaning more to Columbia than Yale. But I want to draw upon opposing view points before I make my decision.
Thoughts?
and knowing that you are staying within your company, the school's reputation/recruiting/etc takes a much smaller role. It makes sense to be looking at items other than placements and recruiting and looking at classes and options since you are doing the program for your own improvement so may as well take classes for what you are looking to learn about. 
Good luck! 
