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04 May 2022, 06:43
Kudos
Bookmarks
Hello everyone
I have received admits to Columbia and Booth for the EMBA program. Thanks to gmatclub and its members for helping me with my preps!
Personal Briefing:
I’m an entrepreneur from India and I currently head my family businesses (Manufacturing segments)
What I look for in an MBA:
Academics - Learn business strategies & entrepreneurship-centric skills
My Goals - Forward integrate my businesses in India - Create a sustainable clothing brand - Export opportunities to the U.S - Other business opportunities
Networking - Attract investments (PE/VC for my businesses), Learn global best practises
So I did some reading and spoke to a couple of alums
Columbia
Cons
Booth
Cons
I'm also aware that Booth is known for its Academic rigour.
I'm finding it challenging to weigh these pros and cons and make a choice! Which school do you think would better suit my profile / profession & goals and why?
Many thanks!
I have received admits to Columbia and Booth for the EMBA program. Thanks to gmatclub and its members for helping me with my preps!
Personal Briefing:
I’m an entrepreneur from India and I currently head my family businesses (Manufacturing segments)
What I look for in an MBA:
Academics - Learn business strategies & entrepreneurship-centric skills
My Goals - Forward integrate my businesses in India - Create a sustainable clothing brand - Export opportunities to the U.S - Other business opportunities
Networking - Attract investments (PE/VC for my businesses), Learn global best practises
So I did some reading and spoke to a couple of alums
Columbia
Cons
- 43% of the class in finance -> Less diverse? -> More Finance centric?
Wall-street feeder -> Narrow opportunities?
Narrow Alum network(finance)
- NYC Networking ->Over-rated? Will the network yield tangible benefits?
PE/VC network
Focus on family business (unsure about this)-> Access to the family business network
Booth
Cons
- Location -> Smaller network? ->Lesser opportunities?
- Well-rounded class profile - 26% finance+ students in consulting, Manufacturing & retail
Polsky Center for entrepreneurship, New venture challenge etc
Broader Alum network
I'm also aware that Booth is known for its Academic rigour.
I'm finding it challenging to weigh these pros and cons and make a choice! Which school do you think would better suit my profile / profession & goals and why?
Many thanks!
04 May 2022, 14:04
Kudos
Bookmarks
For all the entrepreneur specific pros you mention I prefer Booth. And the Polsky center is really at the pulse of entrepreneur activities in Chicago and I don't really think CBS has something comparable. It's really an amazing incubator. Also, CBS EMBA is a much younger program filled mainly with NYC career climbers who are a bit less focused on entrepreneurship (even for those with family business goals, usually they do J term)
So is that network going to be as valuable? Whereas my clients headed to Booth are older and really pretty experienced working for startups and starting up themselves at least as a side hustle. And there you will also be surrounded by a lot of director level execs and I just think that network overall is going to be more powerful for what you are trying to do; can make introductions etc.
I think the CBS curriculum is decent but I do like the rigour of Booth and if you have startup goals you do genuinely want to learn as much as you can - it's not like FT where the focus is on OCR. You want to leverage the Chicago approach (holistic thinking) to create frameworks and ways of structuring your thinking to make decisions; data driven approach is important and also, greatly underestimated, you need to learn the most you can about marketing. Every new business owner is a salesperson as their #1 job. I think you will get the finance piece at Booth but not sure you will get the marketing piece at CBS quite as well.
Unless your goals are really NYC specific, I vote Booth.
So is that network going to be as valuable? Whereas my clients headed to Booth are older and really pretty experienced working for startups and starting up themselves at least as a side hustle. And there you will also be surrounded by a lot of director level execs and I just think that network overall is going to be more powerful for what you are trying to do; can make introductions etc.
I think the CBS curriculum is decent but I do like the rigour of Booth and if you have startup goals you do genuinely want to learn as much as you can - it's not like FT where the focus is on OCR. You want to leverage the Chicago approach (holistic thinking) to create frameworks and ways of structuring your thinking to make decisions; data driven approach is important and also, greatly underestimated, you need to learn the most you can about marketing. Every new business owner is a salesperson as their #1 job. I think you will get the finance piece at Booth but not sure you will get the marketing piece at CBS quite as well.
Unless your goals are really NYC specific, I vote Booth.
04 May 2022, 14:51
Kudos
Bookmarks
Congratulations on your admits.
Executive programs are always slightly different from the full-time programs and have different expectations as well as class profiles.
First of all, thank you so much for doing the research and kudos for great formatting. I’ve learned something new about the Columbia executive MBA. I did not expect it to have such a high finance segment but of course it makes sense since New York is the financial center despite the fact that booth is a Finance school. My guess is that a lot of the applicants and students are from the local community and are locally located either in New York or in Chicago.
Are you planning to live in the US during the school or you will be located somewhere else? I can see working remotely and living in New York or Chicago or flying in for classes or online too. I’m just curious about how you planning to handle the logistics.
Personally, I like Chicago as a city better than New York. I’m sure every single New Yorker would kill me for saying this or at least with hate me, but for some reason it felt cozy and home here for me but I would actually take the other path and I would see Columbia as perhaps a more suitable choice.
My main deciding factors would be your peer network and your classmates. I feel you have more of a fit within the New York industries of fashion and clothing. Moreover, I feel Columbia is much more international and has a stronger brand recognition as well as bigger alumni networks outside of the US, if that is something you’re looking for. Finally, while it sounds like you are looking to start a new venture, it seems to be more like you’re taking your business and growing it vertically rather than starting an unproven idea and looking for financing. Let me know if I miss judged it. 😇
It’s a good position to be in to be choosing between two great programs. Congratulations.
Posted from my mobile device
Executive programs are always slightly different from the full-time programs and have different expectations as well as class profiles.
First of all, thank you so much for doing the research and kudos for great formatting. I’ve learned something new about the Columbia executive MBA. I did not expect it to have such a high finance segment but of course it makes sense since New York is the financial center despite the fact that booth is a Finance school. My guess is that a lot of the applicants and students are from the local community and are locally located either in New York or in Chicago.
Are you planning to live in the US during the school or you will be located somewhere else? I can see working remotely and living in New York or Chicago or flying in for classes or online too. I’m just curious about how you planning to handle the logistics.
Personally, I like Chicago as a city better than New York. I’m sure every single New Yorker would kill me for saying this or at least with hate me, but for some reason it felt cozy and home here for me but I would actually take the other path and I would see Columbia as perhaps a more suitable choice.
My main deciding factors would be your peer network and your classmates. I feel you have more of a fit within the New York industries of fashion and clothing. Moreover, I feel Columbia is much more international and has a stronger brand recognition as well as bigger alumni networks outside of the US, if that is something you’re looking for. Finally, while it sounds like you are looking to start a new venture, it seems to be more like you’re taking your business and growing it vertically rather than starting an unproven idea and looking for financing. Let me know if I miss judged it. 😇
It’s a good position to be in to be choosing between two great programs. Congratulations.
Posted from my mobile device
