<p>Actually that other thread should join this one. This is the older thread I believe.</p>
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I certainly think there is a consensus that HBS is the best.
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<p>Is this really a consensus? I don't think so.</p>
<p>Yeah, I agree, it's a seesaw between Wharton and HBS, and even Stanford GSOB deserves to be thrown into that mix, although it IS on the west coast.</p>
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even Stanford GSOB deserves to be thrown into that mix, although it IS on the west coast.
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<p>Considering Stanford gives HBS a run for its money in the cross admit battle more than Wharton does, I'd say that it does more than just being "thrown into that mix."</p>
<p>Yeah I agree, I just didn't want to rewrite what I had already written. I think that there is a big difference between Stanford in the other two, in that most Stanford grads hit Silicon Valley rather than Wall Street. I think Wharton or HBS grads can do anything although most choose Wall Street. I don't know, this is just the sense I get. It's definitely a matter of preference. I can see how after working Wall Street or something, Stanford would seem like a vacation with its campus. Wharton and HBS have major city life around, and that's not much of a change.</p>
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I think Wharton or HBS grads can do anything although most choose Wall Street
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<p>Well, in the case of HBS, most don't choose Wall Street. Less than 45% of HBS grads will enter finance, and obviously not all of that is Wall-Street finance (i.e. some will go into sectors such as venture capital, real estate, commercial banking of which Wall Street has only a limited presence).</p>
<p>East coast bias has clouded Sachmoney's thinking.</p>
<p>If I were going to b-school today and had a choice of any b-school, I think Stanford would be my no. 1 choice. Sure Wharton and HBS are top picks for Wall Street -- and likely always will be -- but that doesn't mean that Stanford grads can't get into Wall Street -- they mostly choose not to -- particularly given its pole position vis a vis Silicon Valley.</p>
<p>Let's face it, technology is going to continue to be the single most important sector going forward (in all of its forms: including biotech, software, hardware, consulting, venture capital, etc.) --> even if we haven't identified the next Google, we know its coming out of the tech sector. Google currently gets more resumes than any other company out there, it is absolutely, hands down THE no. 1 company for top grads (both MBAs and undergrads from all the top schools).</p>
<p>Gen Y (and future Gen "Z"ers) like the fact that tech firms have embraced the importance of establishing a "quality" work environment. Looser corporate structures, looser corporate attire, flexibility, benefits, etc. Of course Wall Street firms will always attract a certain measure of talent due to "prestige" and "money", but even those metrics are quickly being matched (and in some cases outdone) by many tech companies.</p>
<p>Looking down the road, investment banking is very "1.0". Today's top talent want to get rich and get rich quick. Many of them are now looking at a career of climbing the corporate ladder, dealing with the office politics, dealing with the stress and low quality of life at, say, investment banking and are looking elsewhere. The fact of the matter is many of those people (no matter how talented) won't realize their aspirations (the odds of becoming the next Google guys are way way low) -- but that doesn't really matter within the context of this discussion. The fact of the matter is, more and more of the top talent are moving away from traditional employers and looking towards the tech sector with an eye to ride the wave on the next big thing. This supply and demand shift will only increase the value of a degree from a place like Stanford, which is already the toughest b-school to get into. I have no idea what the tech landscape is going to look like 10 years down the road, but I do know one thing, the talent coming out of Stanford GSB's class 10 years down the road will be the absolute best of class.</p>
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Google currently gets more resumes than any other company out there, it is absolutely, hands down THE no. 1 company for top grads (both MBAs and undergrads from all the top schools).
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<p>I just can't buy into this at all. I would think that most people who have worked in corporate America would realize that at this point Google is more hype than substance. Sure, it would have been great to be one of the first employees there. You'd be set. But employee #20,000 ?</p>
<p>I agree with your comments about VC and that is one of the reasons that there are thousands of opportunities for top MBAs that are better than working for Google. If a highly driven MBA chooses Google over the likes of McKinsey or Goldman Sachs, they will most certainly regret that decision in 5 years.</p>
<p>I've dug myself into a hole being an east coast guy with my east coast biases. I'm going to bow out gracefully...or I would like to.</p>
<p>Chicago GSB ftw! =)</p>
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I just can't buy into this at all. I would think that most people who have worked in corporate America would realize that at this point Google is more hype than substance. Sure, it would have been great to be one of the first employees there. You'd be set. But employee #20,000 ?</p>
<p>I agree with your comments about VC and that is one of the reasons that there are thousands of opportunities for top MBAs that are better than working for Google. If a highly driven MBA chooses Google over the likes of McKinsey or Goldman Sachs, they will most certainly regret that decision in 5 years.
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<p>But read my post more carefully. The Google example is merely an EXAMPLE. It was highlighted for illustrative purposes. I fully admit that the Google train is pretty much tapped out. The key point is the FUTURE: about catching the "NEXT" train. And those in and around the Silicon Valley area are best positioned to grab a seat on that train. Already there has been an exodus of talent from both Google and Yahoo to places like Facebook, etc. My post wasn't about Google in and of itself. Google is just one example of how tech companies have changed the employment landscape.</p>
<p>Well, I certainly agree with that :-)</p>
<p>considering the small chance of getting admitted into a top program, it would be smart to also look at other reputable schools with higher admission rates/lower class profile numbers:</p>
<p>Wisconsin
Minnesota
BYU
Rice
BC
Vanderbilt
ASU
UCI
SMU
USC
Wake Forest, etc</p>
<p>just a sampling of schools overlooked by many that place well into all industries, only exception being tech. For example, PAAMCO actively seeks out UCI students along with Toyota, Google and the a large percentage of the growing tech bio-medical companies in OC, BYU gets recruited by most of the major banks plus a few venture capital firms, Wisconsin is known for their real estate program, brand management and security analysis, ASU sends a lot of students into high paying logistics positions, SMU has relations with a lot of private equity firms in and around the dallas metro, etc</p>