Come on @Cue7, why would an U of C College grad aspire to do case method at HBS other than the connection factor? You as a Wharton grad should know about that.
The people who go to GSB/Booth are not the same type as going to HBS. If your career path is quant, you go to Wharton or Booth and not HBS. I will be hard pressed to imagine a lot of U of C Econ. or math majors would prefer HBS over Booth/Wharton.
I think there may still be an anti-professional vibe there. My kids are ten years out (on average), which means they and their friends are pre-Nondorf but post-expansion. I only know of two of their friends who went to law school. One went to Harvard; the other only applied to the University of Washington because of mainly wanting to live in Seattle. There was also one person they disliked, the child of a family friend, who got a JD/MBA at Chicago. And apart from that one, I donât know of any MBAs. There are definitely people working in business/finance, but as far as I know they have not felt the need to go to business school. (A number of their high school friends have gone to business school and graduated last year or will this year. So Cue7âs read of the timing of business degrees may be off by 4-5 years.)
[I have to laugh at 85Bears46âs point. Over 40 years ago, I had a wonderful internship at a major Wall Street institution. Most of the Bright Young People were recently minted Harvard or Wharton MBAs. I realized within weeks you could tell which was which in an instant. Confronted with a new problem, the Wharton grads whipped out a calculator, a pencil, and some ledger paper, and started setting up T accounts and populating them to build income statements and balance sheets. The Harvard grads took out their address books and started dialing friends.]
@85bears46 - i went to upenn for grad school not wharton (a big difference!). But if you look up wharton feeder schools, chicago is barely in the top 20 or 25 there. Why is that the case?
And @MohnGedachtnis - finance and consulting are clearly the most popular exit options for chicago grads, and have been for a decade or so, at least. I thought many spent 2-4 years in these fields and then went to b school.
Again if not to McKinsey and hbs or wharton, where are all these superb inputs at chicago going?
Well, wait until the first few batches of graduates from Business Econ come out. Business Econ is UChicagoâs anti-Wharton undergrad, and from what I hear, employers are chomping at the bits for this development. I know, some of the people in this forum keep on saying that the Business Econ degree is nothing but a watered down econ degree, but that will not be how it is marketed (because in reality, those âlow browâ marketing and strategy classes are what employers of new business grads need - not the econ classes that involve calculus. This, especially for IB and Consulting where all you need to be is really smart, can do Excel, and have a strong handle of business basics.
@FStratford - the employment report is fuzzy generalities - little good data.
Also, Iâm doubtful that business econ will turn the tide. For years I heard consulting firms wanted âthe smartest peopleâ. If thatâs so, shouldnât chicago have become a hotbed in the past 10-15 years?
I mean, MIT gets 5 mckinsey recruiters. Why does chicago get 1?
Hasnât marlowe spent most of his/her time suggesting that Chicago is in fact different?
Based on what Iâve seen at The Farm, Stanford undergrad does seem to attract a lot of entrepreneurial types. UChicago? Do monks lean entrepreneurial? Does HBS want monks in its case discussions?
The Stanford faculty would love to figure out how to un-attract all the entrepreneurial types. The consensus seems to be that it is seriously interfering with the universityâs educational mission.
@bluebayou - maybe it is bc chicago undergrads are just different than H and S. But, per the employment data, they all want the same things (read: finance, consulting, tech, etc.)!
How does that make sense? The monks decide they want to go to finance, only to see their monkish-ness has disinterested mckinsey?
As usual, these last few pages have been a very interesting and entertaining read! Cue asked to hear from new or current students and what attracted them to UChicago, so Iâll add my daughterâs college search experience.
She applied ED for the class of 2023 and what made UChicago her number 1 school were many things, but here are the top 4 reasons for her choice:
Being surrounded by academic peers
Common Core
Being in Chicago
Residential house system
The quality of the dorms, buildings, gyms, etc, did not interest her. She was looking for that academic vibe and everything that comes along with that.
She chose not to apply to any Ivy-league schools. Iâm not sure what her reasoning was, but I think she had this elite East coast stereotype in her head. Just for a reference, her #2 and #3 schools if she didnât get into UChicago were Carleton and the University of Rochester.
My daughter also enjoys the fact that most people from our neck of the woods do not know what the University of Chicago is. When someone asks here where she goes to school, and she tells them, most think it is a public city college in Chicago. She always gets a secret chuckle out of that.
@lilchaz - thanks for sharing! Would your neighbors reaction be different if she said upenn or northwestern or williams? Or rochester?
It looks like chicago should power its marketing engine to make it as well known as those other two universities named after the towns they are in⊠oxford and cambridge.
About that McKinsey Report, oddly enough I couldn't find any reference to it the Maroon archives. Given the description that @MohnGedachtnis provided (targeting "wealthy" admits, for instance), this would be a hot item and it didn't sound like it was especially "secretive" (as I mentioned upthread, much of this information is in the Boyer book as well as primary sources). Hopefully Mohn will be able to dig it up from his filing cabinet and share with us so we get specific information.
Interesting statement, @Cue7, about the health of the college being dependent on placing "lots" of alums at places such as HBS/HL or Yale or Stanford. Apparently that's not happening, despite the uptick in boarding school admissions, etc. (as you say, the inputs). Why do you suppose that is?
Hi everyone, Iâm new here. Iâve been following along and these UChicago threads are so interesting. Thanks for putting so much knowledge out there for newbies like me
My son will be in the class of 2024. He applied ED1. His top 3 choices were Princeton, UChicago, and Penn. He was advised that he could do Princeton or Penn as ED1, and UChicago ED2. He loved UChicago so much that he chose it as ED1.
It took him some time to come to this decision. We visited Chicago 3 times and the other two twice. He was initially really worried about the fun goes to die reputation, but the more he saw students mixing, the more excited he became. Heâs very intellectual and quiet but athletic as well and has deep interests in math and foreign language. He chose UChicago for its proximity to the city, its beautiful campus, and the Core. He loved the Core. He doesnât know what he will major in.
That said, Iâm a bit worried after reading some of these posts. Are you all saying that McKinsey, Goldmanâs, etc do NOT really recruit at UChicago? What about the top medical schools and law schools? My son may choose the PhD route, but he also liked the career outcome success touted by admissions. He felt UChicago offered so many choices. But are UChicago grads considered too nerdy by Ivy standards? SorryâŠtrying to catch up with the threads but confused why, with the schoolâs ranking, its selectivity, and its amazing intellectual history that its undergrads wouldnât be courted by the best.
@lilchazâs D sounds a lot like my Dâs friends who applied ED1. For them it wasnât a question. And academics tends to be the big draw, rather than age of dorms or the gym. My D loved her house in BJ and BJ was by no means in good shape during her first year - really cruddy looking on the inside (they fixed it up before she returned to campus for 2nd year and the transformation was stunning). None of that mattered anyway because the house was and is so special.
@izzalu - donât let @Cue7 and his angst get you down. Once in a while he has some useful comments. The McKinsey rants werenât among them. Among other things, Cue has not NOT talked to Admissions or Career Advancement. Your son can do that. It sounds like he is perfect for UChicago.
@izzalu If your son is going to UChicago, there will be no doubt of his intellectual prowess by any employer. Do not judge by a few comments on the internet, but rather by your own very extensive research and visits, which is much more reaffirming than what a few people are saying.