Babson vs CMU vs Rice vs UMich for Business & Economics

Why do you say not CMU? If you look at that page that you linked, and look only at the Tepper undergraduates, four of the top six employers for Tepper undergrads were Big Four consulting firms. Deloitte was 2nd, PwC was 4th, and Accenture was 6th.

I had taken your original comment at face value, but when I clicked and looked at Tepper-only undergrad placement it would actually make me push CMU up farther on the list.

Also, it is hard to parse out the Rice business majors from this data because it doesnā€™t actually include graduates of the undergraduate business major out of Jones, which is where the OP will be. The data goes to 2021 and the first year that Jones offered an undergrad business program was also 2021.

This data obscures the business vs economics vs any other major issue because to this point any management consulting hires were from a different program than the OPā€™s.

I think Iā€™m up to either CMU Tepper or Rice. On one side, Tepper is more well known on the business side because itā€™s more established. Do people know Riceā€˜s name across the country or is it really just in the South? I think I have to also consider where I would end up getting a better GPA because I think I want to end up getting an MBA from a top school.

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Yeah this was also confusing for me because the business school at Rice hasnā€™t even had a graduating class yet so itā€™s hard to compare.

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After hearing more about what you want, those would be my final two, for sure.

It doesnā€™t matter if the name is known or not. For those who need to know, Rice is extremely well known.

As far as getting an MBA, it doesnā€™t matter what you major in or where you go undergrad. Your GPA, GMAT, and work experience matter.

So whether you go to these four or say Arizona State, it wonā€™t matter.

In the class of 2015, Harvard had 264 undergraduate schools represented in their MBA. Itā€™s the latest I see.

There are many kind of consulting. And that may impact your degree choice.

If you do business - you will have a discipline. Are you interested in finance or accounting or marketing or operations, etc ? Thatā€™s why you study business vs Econ. And again youā€™ll see MBB consultants with majors such as Art History or Poli Sci. Itā€™s not one size fits all.

https://www.hbs.edu/mba/admissions/class-profile/Pages/undergraduate-institutions.aspx

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Not really interested in finance at the moment. Would probably be operations or management. At rice, they have management concentration and cmu has strategic management as well as operations management.

@Studious_shepherd if this screen name is your real name, I would urge you to change it to something else.

Here is howā€¦

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General management , along with marketing, is typically lowest paying. Operations and finance can be good.

I think you are overthinking. The campuses are so different. The daily life is so different and I would not exclude Babson nor would I exclude Econ, especially if you want to do an MBA which is in many ways duplicative to an undergrad business degree.

You will have a different day to day at all four and thatā€™s what you are missing.

You mentioned transferring. To where. These four are elite - Babson included.

You are looking to make assumptions that are not guaranteed. The likelihood of a Wharton student is still not to end up in a top consulting opportunity.

Find the right spot for you. The career will then take care of itself.

It may be consulting but after grad school five years later etc.

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You may want to look up the schedule of course offerings in business at CMU vs. Rice. I would expect the core business curriculum to be top-notch at either, but surely thereā€™s more ā€œcritical massā€ at Tepper to offer a wider variety of electives or at least offer specific electives more often. I donā€™t know how many undergrad business majors there are at Rice, given that the program is still ramping up. There was pent-up demand for sure and Iā€™m sure the new major is popular, but there are almost 600 undergrads at Tepper, and Iā€™m pretty sure Riceā€™s business major hasnā€™t absorbed more than 12% of the undergrad population at Rice in order to have similar numbers.

When I looked at the most recent year, I think I found only MBB ā€” only one each, and no other consulting companies for Tepper.

CMU. Iā€™ve worked with more Tepper MBA types but my limited sample size would put them as more entrepreneurial in spirit. All are highly skilled. Do well and youā€™ll place just fine.

No Ross would push me away from Michigan. Rice could work but their undergrad business is new. Babson is also a fine choice but i would put Tepper first. Thereā€™s no bad choice. Good luck.

If Riceā€™s B school is so new that it has not even had a graduating class yet then should it even be in the running? RIce is an amazing school, but consulting is all about credentials and branding so you should go with an established school that has a track record of placing students with the major practices.

Yeah I get that point, but if you look at their post grad outcomes, many of the students that are not in business majors have placed consulting jobs.

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Itā€™s a fair point. One could rest on two things - the long term MBA program simply bleeding down although itā€™s never been a super high ranker that Iā€™m aware if - and just the schoolā€™s overall reputation.

If you are in PA, have you visited CMU in Da Burgh? They have several new buildings for the business school, which are pretty impressive.

Have you considered a double major, or a concentration like MIS, where CMU is particularly strong? If you went for a business degree with a double major in econ, there would be enough overlap in required classes - microecon, macroecon, statistics, calc, etc. - that it would not be too onerous.

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Rice as a university has great outcomes in consulting.

Also, the business school isnā€™t new, having an undergraduate business major is. The Jones School of Business is a well-credentialed, respected name brand.

I am not a big fan of undergraduate business programs and Riceā€™s historic success placing undergrads in consulting (and IB) without one supports that viewpoint. But this student wants to study business and aspires to management consulting. Rice is a reasonable choice for a pathway to both.

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