Hello hive mind!
After eliminating a few other options, I am ultimately down to deciding between Yale SOM and Berkeley Haas for my MBA.
About me: I currently work in environmental consulting in San Francisco, but grew up in the Southeast. My academic and professional background has been in the policy / philanthropy / NGO space, and I went to an Ivy League school for undergrad, which I enjoyed. Before moving to California, I worked in Boston, so I have personal and professional networks in the Northeast and in the Bay Area, although admittedly stronger in California.
What I'm looking for: I am interested in moving into the climate finance space, ideally in the multilateral world (e.g., World Bank) but if not, then in impact investing. So, staying in the climate world, but playing with return-seeking capital. If that plan fails, working for a greentech startup could also be appealing. Absent getting a job that would be place-specific (such as moving to DC for the World Bank) I would like to end up in the Bay Area - I absolutely love it here.
Things I am considering:- Yale seems like more of 'my people', in that they are more impact-oriented (at least in perception), and my own network mostly overlaps with SOM. However, Haas students seem to be stronger / higher caliber, based on my interactions with them. I worry that I'm not getting an accurate representation because I can't attend the accepted students' weekend in person. It feels like I will be stretched and pushed at Haas in a way that I will grow, whereas I don't get the sense that the classmates at Yale are not quite as strong.
- Yale seems to have a strong brand everywhere, including (but not limited to) the Bay Area. I worry that Berkeley has less 'WOW' factor, especially at a place like the World Bank, even though it's a very strong brand here in California. Similarly, nearly all of Berkeley's network seems to be on the west coast, and I worry that I am not taking advantage of the full value of an MBA by getting a more regional network.
- Going to school during COVID introduces a whole new set of factors that wouldn't normally be an issue. Should I be worried about budget cuts at Berkeley as a result of the economic turndown? In addition, does Yale have a better capacity to respond to the crisis, both in terms of financial resources and legal autonomy (i.e. not part of the UC system which is controlled by a legislature)?
- I would much, much rather be in Berkeley than in New Haven as a place to live for two years. I love the weather, the culture, and the community that I have here. Exercising outdoors is a huge part of my daily happiness, and so sunshine and hills in Berkeley are a huge plus.
- I'm very interested in taking classes outside of the business school, particularly in the policy or environmental arenas. Yale seems to be much stronger here, especially with the well-established MBA/MEM path at Yale. Many fewer Berkeley students seem to have taken advantage of the opportunity, despite being attached to a huge institution. Is this something that I should be considering?
- I've heard that Yale SOM is more theoretical/academic, whereas Berkeley is more hands-on. I know that a lot of the curriculum at Berkeley is applied, and many students are interning part-time while doing the full-time MBA. Is this perception real, and how much should I weigh?
- Total cost of attendance seems to be roughly even between the schools. However, I have a small amount of scholarship offer from Yale, and I'm worried about the 'incidental' costs incurred at Berkeley from club fees, competition fees, etc adding up over time.
Help me decide?