Forum Home > GMAT > Quantitative > Problem Solving (PS)
Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Dec 1511:00 AM EST
-11:30 AM EST
Meet Tuck at an informal student or staff-hosted coffee chat in a city near you!
Dec 1608:00 AM PST
-11:59 PM PST
GMAT Club 12 Days of Christmas is a 4th Annual GMAT Club Winter Competition based on solving questions. This is the Winter GMAT competition on GMAT Club with an amazing opportunity to win over $40,000 worth of prizes!- Dec 18
10:00 AM PST
-11:00 AM PST
Here is the essential guide to securing scholarships as an MBA student! In this video, we explore the various types of scholarships available, including need-based and merit-based options. 
Dec 2007:00 PM PST
-08:00 PM PST
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Dec 2111:00 AM EST
-12:00 PM EST
Save 20% on your subscription to onTrack by mbaMission, a first-of-its-kind on-demand MBA application experience. Use code 20OFFDEC until Dec 31!
Dec 2109:00 PM IST
-10:00 PM IST
Dreaming of a successful post-MBA career? Explore the 2026 career pathways in consulting, tech, finance, and dive into the exciting opportunities and the potential ROI these industries offer, helping you make informed decisions and more.
22 May 2014, 13:38
Kudos
Bookmarks
I work for a value-oriented PE firm today. Basically, the best deals for us are companies with recurring cash flows (cyclical or not, as long as we can understand them) that we can buy at a low multiple on normalized cash flows. For instance, you buy a company with a total value of $100M that's generating $20M in unencumbered cash per year, in theory paying you back in 5 years (return of capital) and then continuing to pay you $20M, which along with an eventual sale, is your return on capital. That's the simple way of describing this. I love it.
I want to do a search fund to this effect, basically to buy a company like this myself, one where value can also be created by operational improvements (and through smart capitalization). B-school is a great way to do this. However, if this plan doesn't work out, I want my career to pretty much be a PE career.
So here's my question. With that said, what are the best 6 b-schools for me? Is there any reason to think it's just not the top 6? E.g., HBS, Wharton, GSB, Sloan, Booth, Kellogg? Thank you!!
I want to do a search fund to this effect, basically to buy a company like this myself, one where value can also be created by operational improvements (and through smart capitalization). B-school is a great way to do this. However, if this plan doesn't work out, I want my career to pretty much be a PE career.
So here's my question. With that said, what are the best 6 b-schools for me? Is there any reason to think it's just not the top 6? E.g., HBS, Wharton, GSB, Sloan, Booth, Kellogg? Thank you!!
22 May 2014, 14:01
Kudos
Bookmarks
Hey there,
Great question and definitely a career off the beaten path. So the short answer is no - the top schools are the best schools. This is one of the few instances where going rank happy actually coincides well with career enablement. The reasoning behind this is simple, it's a really big bet and you need to leverage the school's resources and alumni to really get this off the ground. It also needs to be a school that has students who ACTUALLY go into search funds. Most of the top 20 programs now have either stand alone search fund affinity groups or tangential offshoots of more structure entrepreneurship / vc / pe groups. That doesn't mean they execute.
Even within the 6 you listed, there's a marked drop off between HBS & GSB and the rest. Outside the top tier programs, some schools are waving anecdotal successes as a claim to search fund credibility but the stories are anomalies, not standard practice. Also - if your back up is PE, then the higher the tier program you attend, the better you exit opportunities.
I hope that helps - let me know if you have other questions or want to chat about this in more detail!
Bhavik
Great question and definitely a career off the beaten path. So the short answer is no - the top schools are the best schools. This is one of the few instances where going rank happy actually coincides well with career enablement. The reasoning behind this is simple, it's a really big bet and you need to leverage the school's resources and alumni to really get this off the ground. It also needs to be a school that has students who ACTUALLY go into search funds. Most of the top 20 programs now have either stand alone search fund affinity groups or tangential offshoots of more structure entrepreneurship / vc / pe groups. That doesn't mean they execute.
Even within the 6 you listed, there's a marked drop off between HBS & GSB and the rest. Outside the top tier programs, some schools are waving anecdotal successes as a claim to search fund credibility but the stories are anomalies, not standard practice. Also - if your back up is PE, then the higher the tier program you attend, the better you exit opportunities.
I hope that helps - let me know if you have other questions or want to chat about this in more detail!
Bhavik
18 Feb 2020, 12:54
Kudos
Bookmarks
Hello from the GMAT Club MBAbot!
Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
