Simon (65%) vs scheller (50%) VS Emory (50%) vs Johnson

Question

Hello guys,

I am pretty confused which school to choose.

I currently reside in Atlanta and my post-MBA goal is entrepreneurship. Therefore, a degree which will help me with VC capital and with network connections is prime focus.

Inputs are highly appreciated.

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ranforce · Answer

bb

steswe123 · Answer

Hi there! I think this is pretty much a no-brainer! I would take the student loan and not care for a second about the scholarships offered by the other schools - Johnson is the way to go. Ranked 11 in Bloomberg (tied with NYU) in the updated list released this summer, and career outcomes + salary upon graduation is superior to your other choices. And that's all that really matters at the end of the day.

bb · Answer

Interesting question. Reservations in your admits and your hard work thing off.

I always recommend those interested in entrepreneurship to save the money because you’re going to go without a paycheck for a while and having a $2000 a month payment isn’t really the best way to help your business

I mean, if it were Stanford, or even Berkeley, I think it would be a pretty clear choice. You’ll trade off some on campus recruiting at Johnson and things like that but you’re not really interested in on campus recruiting, anyway, and most of the Johnson jobs come from New York City and finance, industry and high-paying jobs in New York, which of course is a very high cost of living so those numbers are a tiny bit inflated so you cannot really compare Salaries for the schools that heavily focus on New York City employers.

Hi Seo, Emory would be a solid choice. You can always get more insurance service speak in terms of ranking in terms of selectivity and alumni quality and go for Johnson. You will likely find underground alarms within some interesting firms in industries since undergrad is Ivy League.

However, there’s a lot of unpredictable events and luck involved. I think this is a bit of a question of what excites you more, a smaller loan, payment or ability to have a fence your name on your résumé, and potentially command more attention. That’s a bit of a personal choice and I know people have gone both ways and made the right choice.

There’s always a question of staying in Atlanta area. I’m moving away and coming back later…

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steswe123 · Answer

Yea I just super disagree with bb regarding that a comparison shouldn't be made for schools that have a lot of nyc recruiting because together with SF, that would be all top schools. So if all top schools are primarily funneling people to NYC and SF, then a comparison can certainly be made.

If you are looking for VC capital and want to choose a school that would most likely get you that, then the answer is quite simply Cornell over those other two schools as well. That's also pretty self evident, however at the end of the day what school you go to is probably not going to have as much import on a VCs decision to invest in your startup as many other factors unless it's Stanford.

So I agree with bb that if you care a lot about not taking out as many student loans due to going into entrepreneurship, then I would go to Emory. If like me, you don't care a hoot about having to pay of an extra $50k over time due to salary, Cornell is a no brainer.

Good luck!

bb · Answer

Thank you steswe123 ! I appreciate disagreements and contrary points of view! Your argument is that ALL top schools place heavily into NYC area and that's a fair assumption to make but I am not sure if it is accurate and we have to validate it. This would potentially invalidate my argument about Johnson. So I looked up some of the placement stats for the Top 5 programs from US News for Class of 2021 (latest data I found on US News, though this is now one year old) Booth: 580 Graduates looking for a job | 100 placed in East Coast - 17% HBS: 786 Graduates looking for a job | 229 placed in the East Coast - 29% MIT Sloan: 407 Graduates looking for a job | 109 placed in the East Coast - 27% Stanford GSB: 583 Graduates looking for a job | 100 placed in the East Coast - 17% Yale: 312 Graduates looking for a job | 112 placed in the East Coast - 36% (highest so far) Johnson: 50% (data missing in the US news but based on the Johnson Employment report ) What I am seeing is that Johnson has 2-3 times more people placed in the North East than the other 5 analyzed programs. The only closest one was Yale with 36% vs. 50% for Johnson. I think the assumption that Johnson heavily places in New York into financial services is accurate. That's also the salary leader based on average salary on par with consulting pay in the same region. Let me know what you think about the data or perhaps you want to bring some other data points - I only welcome that since it would benefit everyone deciding! johhnson-employer-industries.png

Ranforce7 · Answer

Thanks  bb  and  steswe123  for your detailed analysis. I have an update Emory has upped my amount to $100k. I am going to Emory. I feel cornell may not be worth $100k more

bb · Answer

Hi! I feel it's been such a long time since we have chatted. Congratulations on your decision!
Keep in mind, you will have to work harder for recruiting off campus but you have a nice 100K stipend to do it... there is a lot of chance and opportunities involved. You will never know how your life would have gone otherwise but usually a single event or a single limitation/opportunity are not enough to either increase your chances or diminish them. It has to be consistently lower or consistently higher so you can compensate for lowering your Bschool reputation and offset it with other opportunities, brands on your resume, or extra effort with recruiting and research (which I would start now - I am not joking by the way)

Braintree · Answer

Apart from whats already been advised - Mny MBA students changectheir ’goals’ during the program. Unless you already have a great entrepreneurial project in the pipeline, chances are that once you come to realize all the opportunities (realistically) available, you will change your goals during the program one

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bb · Answer

Thank you. Very good point indeed! Many change their plans during the MBA program (e.g. they realize they don't like it or perhaps it is not worth chasing a certain position/career and time is better spent with a different track). Many, very many, for number of reasons also switch jobs after the first 18 months. Usually this is not because they dont' like their company but rather because the offer 18 months later is just better.

Ranforce7 · Answer

Hi  bb  I have an update from Cornell, it came back with $50k in scholarships. What do you think I shall do now? I was dead set on Emory. However, Cornell came back with some money.

Ranforce7 · Answer

Hi  bb  your response is much appreciated

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Simon (65%) vs scheller (50%) VS Emory (50%) vs Johnson

Which school to chose for an Entreprenuer?

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