ryanb741
Posts: 5058
Joined: Thu Mar 28, 2002 6:36 pm

MBA - Which US College?

Thu Aug 16, 2001 6:25 pm

Hi all

I am planning to do an MBA next year and my employer has a preference for a US-based school. I am interested in finding out which are the best ones. I had looked at Harvard as it is world famous, but my company seems to have a preference for a school called Wharton College (apparently its part of the University of Pennsylvania). I had never heard of it, so what do you Americans know about it or any other business schools which I should consider?

Any responses would be gratefully received.
I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?
 
sfointern
Posts: 1104
Joined: Wed Oct 10, 2001 1:19 am

RE: MBA - Which US College?

Fri Aug 17, 2001 12:07 am

This is one of my future considerations too...

Good MBA Programs:

Wharton @ UPenn (they have the best undergrad too)
Harvard
Stanford

Kramer @ UMich
Kellogg (NY)
Anderson @ UCLA
HAAS @ UCBerkeley
USC (it's OK)

The top three are the most competitive.

SFO
 
watewate
Posts: 2216
Joined: Sun Nov 12, 2000 6:00 am

RE: MBA - Which US College?

Fri Aug 17, 2001 1:54 am

Go with Wharton if you can make the cut.
I recall reading somewhere that Harvard and Stanford may integrate their biz school to a certain extent- I don't know how comprehensive their agreement will be.

I know you're looking at US schools, but Rotman (UToronto), Schulich (York U) and Ivey (Western) are all rated top 10 (ranking not inclusive of US schools) in the world. Of course, cheap Canadian dollar makes their program look attractive from 'bang-for-the-buck' point of view.
 
FlyBoeing
Posts: 835
Joined: Fri May 05, 2000 2:08 am

RE: MBA - Which US College?

Fri Aug 17, 2001 2:03 am

Don't forget dear old Dartmouth's Tuck school! Tuck recently got rated by the Wall Street Journal as the corporate recruiter's top business school.

And how many business schools do you know of that have their own ski mountain? Huh?  Wow!

Dartmouth isn't known by many men on the street as a good college. Fortunately, more of the right people know about Dartmouth, and that counts for more.
 
ryanb741
Posts: 5058
Joined: Thu Mar 28, 2002 6:36 pm

RE: MBA - Which US College?

Fri Aug 17, 2001 2:23 am

Thanks for the advice guys.

Just to reaffirm - it HAS to be a US school. I plan to work in Asia shortly and the Asian view is that if it ain't a US MBA, it ain't a proper MBA.
I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?
 
watewate
Posts: 2216
Joined: Sun Nov 12, 2000 6:00 am

RE: MBA - Which US College?

Fri Aug 17, 2001 2:40 am

http://www.businessweek.com/bschools/00/

Don't rely too much on the subjective rankings, but the site shows you decent stats you can judge for yourself objectively.
 
rojo
Posts: 2266
Joined: Tue Sep 05, 2000 6:08 am

RE: MBA - Which US College?

Fri Aug 17, 2001 4:20 am

This will be short.

Ryanb741

First of all I will take a look at the business week and WSJ ranking of MBA school. Then I will try to get familiar with each MBA, amount of people that apply and percent of people accepted, which are the core courses, with this I mean, in which subject are they top performers. For example, Wharton well known for its top finance courses. Where is it located. Remember that you are going be there for two years, so if you dislike cold weathers...
And the most important thing: value for money. What will you like to do after you graduate. If you want to be on a big bank or a consulting firm, go for top 10, if you want to go for other jobs, you´ll have to see if what you pay for the MBA and the money you make after it has a good return over investment. There are a lot of things you have to meassure. So start early and get a good GMAT score.

Rojo
 
trickijedi
Posts: 3201
Joined: Sun May 13, 2001 4:35 pm

RE: MBA - Which US College?

Fri Aug 17, 2001 3:13 pm

SFOIntern,

Just a little correction. Kellog is in Chicago. It's Northwestern University's school of Business.  Smile
By the way, I've been meaning to put you in my respected users list for a while now. So I'm gonna do it now.

Ryanb741,

Try Loyola University in Chicago. They have a good business program too. That's where I'm getting my Business degree from. Hopefully next year.
Its better to be on the ground wishing you were in the air than be in the air wishing you were on the ground. Fly safe!
 
ryanb741
Posts: 5058
Joined: Thu Mar 28, 2002 6:36 pm

RE: MBA - Which US College?

Fri Aug 17, 2001 6:21 pm

Thanks for the advice.

Remember, my employer is paying 100% so I don't need to worry about cost. My company has a definite preference for Wharton, it's just that I had never heard of it before.
I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?
 
rojo
Posts: 2266
Joined: Tue Sep 05, 2000 6:08 am

RE: Ryanb741

Fri Aug 17, 2001 9:25 pm

How long do you have to stay with your employer after you graduate??
Here in Mexico my employer also wants to pay for my MBA if I get into a world top 20. The problem is that if you get paid for the MBA, you have to work for them 3 yeares after graduation with a annual salary of $40,000. If you get your own financing, maybe you'll end up with $70,000 in loans, but you can get an annual salary of $180,000. That is a better deal.
Ryan, please consider all alternatives before you make a decision. Wharton is the best MBA school today. My best friend graduated from Wharton's MBA this june and he is working for Mckinsey & Company in Florida with a 6 digit annual income. Remember that once you are in the MBA, you'll have many offers from recruiters and you won´t be very happy if you signed a contract with your previous employer and you want to do something else.

Rojo
 
ryanb741
Posts: 5058
Joined: Thu Mar 28, 2002 6:36 pm

RE: MBA - Which US College?

Fri Aug 17, 2001 9:45 pm

The UK is governed by European Law, which states that employers cannot impose upon the employee that they must remain with the company for any fixed period of time. So technically I could leave my employer on graduation day.

However, out of loyalty to them I would stay with them for a couple of years or so, but then I am sure they will make it worth my while to do so.


I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?
 
sfointern
Posts: 1104
Joined: Wed Oct 10, 2001 1:19 am

RE: MBA - Which US College?

Sat Aug 18, 2001 12:28 am

Tricki, hey thanks!

How could I mistake Kellogg for NY??  Sad

Sorry I wasn't thinking. I was probably thinking about that joke school "Colgate" in NY. Both are named after products.  Smile
 
UA767-223
Posts: 155
Joined: Thu May 03, 2001 11:30 am

RE: MBA - Which US College?

Sat Aug 18, 2001 10:54 am

If you're going to work in "Finance", then NYC is a must, and it's Columbia (full time) or New York University (part time).

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