What's More Attractive to Business Schools

<p>You're renting a Boston/Cambridge apartment for the summer? </p>

<p>Look, the truth is, I think that grade disclosure is still not a very big deal. The fact is, only the banks and the consulting firms seem to actually care about grades. Most of the regular corporate recruiters don't care at all. As a case in point, MIT Sloan has always had grade disclosure, but I am not aware of any discernable impact on the student culture. If anything, the Sloan culture is probably more tight-knit and less competitive than the HBS culture, although I am sure that student body size has something to do with it as well (HBS is nearly 2.5 times the size of Sloan). </p>

<p>Furthermore, look at it this way. Most consulting and banking firms never actually 'recruit' through grades at all. Instead, most of their offers are made to their summer interns. So the REAL goal is to get a summer internship. But when are these handed out? Usually in your very first semester of B-school, before any final grades are posted. In other words, the consulting firms and banks have to decide who to hire for the summer before they get a chance to see any grades. And once you've gotten the summer internship, then it is your job performance there that will determine whether you will get a fulltime offer. Many of them will have an offer in their hands before the internship is over. </p>

<p>Furthermore, while HBS may have had an official grade nondisclosure policy, the fact is, there has always been a de-facto policy of grade disclosure through the Baker Scholarship. You get the Baker Scholarship by getting the top 5% of your HBS GPA. So, really, that's grade disclosure right there. If somebody says that he is a Baker Scholar, then you know that he has a top 5% GPA. If somebody does not list a Baker Scholarship on the resume, then you know that he wasn't in the top 5% (after all, very few people will get a Baker Scholarship and not list it). Furthermore, there was always intense competition to obtain grades worthy of being a Baker Scholar. </p>

<p>So the point is, I don't see how grade disclosure is really going to change much at HBS. The banks and consulting firms (the only companies that ever really care about MBA grades) are still not going to see very much grade information. And there was always a lot of grade competition at HBS for the Baker Scholarship anyway. So I don't really see any great changes to the HBS culture.</p>

<p>Yeah, I'm doing research here over the summer. Just got free housing on campus though, so I think a roommate's going to take over the sublet.</p>

<p>Interesting point about Sloan + thanks for telling me about Baker. I guess the view that grade disclosure --> competition is very oversimplified. Thanks for the input.</p>

<p>yea... i def agree with everyone.. they are all GREAT schools... i kinda feel stupid for posting this thread... dont base your schools on prestige.. go by feel!!!!!!! so basically, i dont really care what you guys say.. cause no matter what people argue is better for MBAs/ jobs, im gonna apply go to the place where i think that i will have the best time and get the best education as i spend 4 years of my life!!!!!!!!!</p>

<p>exactly!!!!!!!!</p>

<p>which is better? HBS or wharton?</p>

<p>Define "better".</p>

<p>Both are top B-schools. I think HBS might be a little "better" than wharton, if you want to go for a DBA. Harvard DBA graduates get prestigious professorships at other top B-schools, like Columbia.</p>

<p>Well, it actually depends on what you want. If you're talking about business doctorates, then historically, Wharton doctorates have actually been more successful than HBS doctorates in obtaining faculty positions. HBS doctorates, on the other hand, tend to have more success in private industry (i.e. private consulting) probably becauese of the strong HBS brand name.</p>

<p>I don't agree. Harvard has produced much more phds than Wharton and HBS academics are more successful.</p>

<p><a href="http://www.aacsb.edu/publications/metf/METFReportFinal-August02.pdf%5B/url%5D"&gt;http://www.aacsb.edu/publications/metf/METFReportFinal-August02.pdf&lt;/a&gt;&lt;/p>

<p>What exactly in that PDF are you referring to?</p>

<p>Also, just because a school produces more PhD's doesn't mean that it is more successful. Large PhD production is not a measure of 'success'.</p>

<p>Furthermore, we also have to define what is meant by success. For many PhD's, success means getting a tenure-track academic job. With that metric, Wharton has been more successful in the sense that a greater proportion of its PhD graduates get tenure-track jobs relative to HBS PhD grads. </p>

<p>Now, some people define success differently. For some people, the ability to get into private consulting is 'success'. That's fine. But we have define what we mean when we say 'success'. In this context, I have chosen to define success as the rate of getting graduates into academic positions. </p>

<p>Here is the Harvard placement rate.</p>

<p><a href="http://www.hbs.edu/doctoral/placement/index.html%5B/url%5D"&gt;http://www.hbs.edu/doctoral/placement/index.html&lt;/a&gt;&lt;/p>

<p>The Wharton placement rate is not public, but you can email them, and they'll tell you. Last time I saw it, it was higher.</p>

<p>
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Now, some people define success differently. For some people, the ability to get into private consulting is 'success'. That's fine. But we have define what we mean when we say 'success'. In this context, I have chosen to define success as the rate of getting graduates into academic positions.

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<p>Sakky: Since you are known and recognized as one of the most trust-worthy CCer, I will take your words for it. However, DBA from Harvard will get you into more prestigious B-school professorships than wharton DBA, perhaps by it's more rigorous acdemics and prestige. NO?</p>