Emory vs Lehigh (Major- Business)

<p>From what I’ve read somewhere, the business school actually reports the numbers for it’s incoming classes correctly. Also, Ad Infinitum, you should probably trust no elite school. I would hardly call any of them ethical. Many of them have watered down coursework and inflated grades for the sake of keeping their students competitive among employers and other outside parties (prof. schools, etc). This means that “making our students look as good on paper as they did when they entered” is more important than providing them with a high caliber education. Elite education is a business and has little interest in being ethical so much as avoiding being caught with unethical behavior. I consider this more unethical than gaming the rankings (and there are more subtle ways that top school game the rankings by making weird admissions schemes such as heavy yield protecting and throwing an unreasonable amount of students on the waitlist, lots of stuff…) which seem to actual encourage the behavior. Let’s not mention that many elite colleges have continued to foster environments where grades and superficial achievement/development are so important that cheating scandals have become an expectation and unsurprising. </p>

<p>Elite schools may be decent at offering an education that “could” be better than many/most places, but they are far from ethical (I find that the administration at such places are perhaps as unethical as several of its competitive, high achieving students) despite what they try to tell us and outsiders. Emory just gets caught. Pity…Some schools are so prestigious that their corruption and inadequacies can be exposed over and over again, and no one blinks twice and still believes they are the best school on earth. But, Emory…“oh no, how dare them!” I view Emory as being a young and perhaps stupid version of some of its very academically solid (but less solid than what they should or perhaps used to be), yet corrupt aspirational peers. Emory is quite academically solid, but has some way to go (I feel like it would improve if we simply got more academically passionate students. We have the EC passionate, but we have to get students who are very passionate in both academics and ECs) and also needs to become more solid in the PR department. I would like for the latter to be untrue and for Emory admin to become much more ethical, but that’s hardly realistic.</p>

<p>Whether of nor there was a change in the ranking is of no consequence. By not removing Emory, US News has made it clear that there will be no repercussions for data misrepresentation. This is not the message Mr. Morse should be sending. </p>

<p>Furthermore, it is impossible to know what Emory’s exact rank would be had they not committed fraud (bare in mind that this occurred for over a decade). However, I have little doubt that it helped their standing immensely. Anyone who says otherwise is kidding themselves.</p>

<p>The U.S. News has stated that this is their existing policy (removing a school only when it would have changed the ranking). The U.S. News has said that they recalculated the rank and said it wouldn’t have been different, so I’m afraid that it hasn’t “helped their standing immensely.”</p>

<p>I think that if you are looking at the Business schools you should look at the business school rankings. Clearly Emory is the winner here and Emory has consistently been in the top of the B school rankings. Emory is ranked #7 and Lehigh is #35. Regardless, even if there is “room” for some discrepancies/errors/misreporting/ (of which as stated before the Emory B school numbers were not misreported), a business degree from Emory should be seriously considered. </p>

<p>We all know that numbers can be interpreted in very different ways. I really don’t care if one school has a 75% placement rate and another 100%, if the 100% are not quality jobs and pay. In some ways, I would not be surprised that Lehigh would be higher with their Engineering programs. Don’t 100% of engineers get jobs? </p>

<p>You need to do your due diligence to determine what is best for you and if Emory is worth the extra cost. </p>

<p>As you will find out in your business classes and in life, the numbers really don’t tell the real/entire story. They are an indication, but you need an depth analysis to understand what is really represented and where you need additional research. This call due diligence and it should help you make a better informed decision.</p>

<p>I would recommend you go the business school career center and find out the information behind the placement numbers. You can focus on your career interest if you know what area you want to pursue.
–Profile of students and where they got jobs. For example, where the 3.5 gpa and above, 3.25 gpa and 3.0 gpa students where employed, location, and pay.
–Also breakdown the information by business concentration/major/minor…i.e. accounting, finance/investment banking, marketing, chain supply management, real real estate, human resources, etc. Again where did they get jobs, location and pay.
–Ask the same questions regarding internships for students by gpa and concentrations/majors/minors.
–Who recruits on campus for internships and full time jobs? How many students have they hired, location and pay.</p>

<p>When you go to the career center, keep this in mind regarding majors:</p>

<p>Accounting: I believe if you want to be an accounting major and work for a big accounting firm. You can attend any credible accounting program where the big firms recruit and get a job. A public university could save you a lot of money. All accounting majors at any credible university should be gainfully employed at a very competitive salary. 100% placement rate for those 3.0 to 3.25 and above. I graduated from a very “unselective” public university with an accounting degree. The big firms all recruited at this public university and all of the accounting majors were gainfully employed.</p>

<p>Investment Banking: If you want investment banking, that is a different story. If you want to go to one of the major ibanks, ask the universities which companies recruit, how many got jobs offers extended, and their pay. If you want to go into ibanking, my guess is Emory is the winner. Big investment banks need to have the prestige of the top business programs like Emory. I don’t know if they will seriously consider someone from Lehigh in the big investment banks. You will need at least a 3.5 gpa to be competitive in ibanking.</p>

<p>Marketing: More difficult to get a job at any school. In this case again, do your due diligence with the career center and decide which school will get you the job you are looking for.</p>

<p>Good news is the job market is opening up. There are a lot of internships and jobs for Equity Research Analysts, Sales and Trading, Human Resources, Operations, Asset Management…to name just a few. And with the internet, you can apply to many jobs. You just need an outstanding college resume.</p>

<p>From my experience, I would say that Accounting Major and Investment Banking majors are going to be making a minimum of $65,000 to $70,000 per year plus bonuses. Thus you can rationalize the Emory Business school with that kind of salary.</p>

<p>Also be careful to ask a lot of questions when you talk to students who are now gainfully employed. Remember some people get their jobs from connections. Also some people might inflate their jobs. I talked to someone who was working for Blackstone, and with further discussion/analysis the person was accounting for a fund…and not actually an investment manager for a fund as they were leading people to believe.</p>

<p>Another due diligence search would be to go into the websites of employers you are interested in and see where they are recruiting. It is difficult now, because many dates have passed so they are no longer on the web sites. Again, the good news, is most of them do take applications on line. You just have to stand out with you resume.</p>

<p>On a totally different note, have you visited these schools. I think they are entirely different schools to me. I know my S. would have felt isolated at Lehigh. It may be close to NYC and Philly, but it is in the middle of no where for a couple of hours. The school is great when you get there, but it is not an easy place to get to…let alone if you want to do something outside of campus. I think that is why Lehigh is such a big greek school. My S. applied to Villanova Business School instead of Lehigh because the rankings were much high and in a metro area. I know kids that attend Lehigh and they do love it, and they are all greeks.</p>

<p>I hope this type of analysis might be helpful in making a decision. I really don’t think that you can make a bad decision, because they are both great schools. I do believe by doing your due diligence you can make a better decision. Good luck! Let us know what you decide!</p>