I am struggling to decide if I should go to UNC Kenan-Flagler or NYU Stern.
I am currently a medical student (MD Candidate) in North Carolina aiming to transition into consulting (ideally MBB) after graduation. Since recruitment has been very rough this year, especially for advanced degree candidates, I am thinking I should do an MBA to increase my odds of getting an offer. My ideal situation is to just not do an MBA and get a consulting job immediately after medical school, but chances of that happening are looking unlikely as of now.
I have gotten a full ride to both Kenan-Flagler and Stern to start this summer but I am having trouble picking a school. I am also waitlisted at Chicago Booth - if I get in here I'd definitely go but chances are looking slimmer and slimmer as time goes on.
Factors to consider for Kenan-Flagler:
- Full ride scholarship / lower COL
- It would only add 1 year of school for me
- I already have a lot of friends and professional connections in this area
- I have family in the area
- It would be a much easier adjustment for me
- MBB firms do recruit pretty well from Kenan-Flagler but I cannot find official numbers/stats
- Every MD/MBA at UNC I've found has gotten an offer from McKinsey or BCG
- While I may want to go to a bigger city for a little bit when working, I want to stay in NC long-term
- If I am able to get a consulting job this year, I could very easily drop out of the MBA and finish my MD by next summer
Factors to consider for Stern:
- Full ride scholarship / very high COL (rent alone would be 35-40k/year)
- It would add 1-2 years of school for me (most likely 2)
- I know almost no one in the area
- It would be a very hard adjustment to live in the city and I don’t think I’d like it very much
- 30-40 people from each class tend to go into MBB firms
- This school seems to finance heavy which I'm not sure would be beneficial for me