Originally Posted by CunningSmeagol
Did you research WUSTL? I've been looking into it as a late option due to it having no app fee and no rec requirement. However, I haven't been able to get really excited about it, and I'm not sure I would go if admitted (even w/ $$$, assuming I didn't get in anywhere else). Most of this has to do with the dismal opinions of their career services and the fact that their PT program has avg gmat of 590
. I know I'd be going full time, but having so many sub 590s walking around with the same degree IMO dilutes the brand. It's ranked just a few spots out of the top 16, but it's clearly light-years away from somewhere like Anderson or McCombs. I'd be interested to hear your positive opinion.
I got into WUSTL with a 1/2 scholarship. I only applied because of the no app fee and no recommendations; I had no real desire to go to St. Louis. Still, the program has a good reputation in some ways. You won't be dealing with the 590s as most companies view the FT MBA as a different animal than the PT - the PTers are mostly employed locals that could even be an asset later on. Still, if you look at recruiting, my school (BC) has a higher median salary and is recruited by better companies (IMO) at a far lesser cost in a better city. A lot of schools (BU, Georgia Tech, Washington, etc.) fit this mold of better salaries, similar hiring stats, and lesser costs to the private MBA programs like WUSTL that buy higher GMAT averages (through scholarships) to game the rankings. Regardless, I liked what I learned about WUSTL and the fact they flew me out there and put me in a hotel to try and recruit me meant a lot. It boils down to this: do you want corporate finance or general management at a lower end F500 firm headquartered in the midwest? There are tons of people who would love a $85k/year, mostly 8:30-5 job like that. If you want high finance or consulting, there are other schools. The biggest thing I've learned about MBA programs is that the jobs are pretty similar from schools ranked 20-50. You're looking at regional, 85-90k/year jobs for the most part. Schools ranked 10-20 have the same type of jobs, just more of the 2nd tier (and some 1st tier) consulting firms and some higher end finance jobs. The majority of students still end up in the general management, lower consulting, and corporate finance roles, though. The T10 schools tend you put you into the 100k+ jobs for the majority of the students and they end up at the higher end of the spectrum in most cases.