Kellogg Or Wharton for Finance PhD

majia20112011

This year is an exception for Chicago. I know the reason but I cannot disclose. Almost all good funds have bad years. Next year there will be at least one job market star from Chicago. Mark this post and let's see next year.

I was told by faculties at Wharton, Duke and Kellogg that the best placement was Wash U. And all those programs were happy that they "beat" chicago this year on job market. So I guess it should be somewhat accurate (maybe you meant some had flyouts to yale and NYU? Or maybe since have changed since I visited those schools last week). But yes usually Chicago send more than one guy to top 10 every year.

(can edog confirmed this? you are a insider lol)

Honestly I wish Chicago just destroyed everyone this year, that way I have a marginally higher chance getting off my waitlist at the other school,

-- by 会员 Mengsk (2011/4/6 5:22:16)

majia20112011

Chicago emphasizes independence. Faculty members are not willing to work with you unless you come up with superb ideas. That will benefit people in the long-term, I think.

谢谢谢谢大家。I am already leaning towards kellogg when I first posted, and now I am basically settled. I know a Chinese two years ago turned down wharton for UCLA, whom I met at the UCLA visit day. The 'brand' name change from W to K is nothing compared to the change from W to UCLA. Well, I do need a great start to get a good placement and launch an academic career. 回国以后不能在学术上不进入一流的那一批人当中啊，那就玩不开了。

I also think Chicago is better than MIT. But this year apparently none of the 8 job market candidate at Chicago made it to top25 schools. The best candidate went to Wash U. So I think if you get into any of the top schools, its reallly is up to you to deliver a good work. I didn't know edog went to HMS for undegrad. So if edog comes from MIT for undergrad, it may make sense to go back and get started on research early. (Chicago get the best students on this planet, but I heard rumors that Chicago's environment is also alittle cold (of course, nothing like wharton), so between MIT and Chicago is better to find your match.

-- by 会员 Mengsk (2011/4/6 4:19:26)

Mengsk

majia, are you from Chicago? lol...but definitely I am not saying anything bad about chicago

moontroy

Someone from Chicago told me they have 1 yale and 1 NYU placement. But apparently these offers(even the flyouts) came out very late.

majia20112011

Good question. No disclosure, haha.

majia, are you from Chicago? lol...but definitely I am not saying anything bad about chicago

-- by 会员 Mengsk (2011/4/6 6:00:48)

Mengsk

没事，我人肉水平天下无敌的，哈哈。

PS：随便看看，不会发的，破坏别人隐私是不道德的事

edog

Chicago had 2 people with offers from NYU Stern and Yale. The NYU Stern offeree will not accept for personal reasons. The Yale guy accepted. The other guys got Wash U, UIUC, U Wisonsin-Madison, FRB NY and Ohio State.

Mengsk - how did UCLA / Duke / Wharton / Kellogg place this year?

Mengsk

Ok..that is great. Glad to hear Chicago is actually doing well this year (Stern, Yale SOM, Ohio State, Wash U). I think from what I know and what you gave me Chicago is still comparable to Stanford this year (despite a bad year I guess)

Wharton had an great year (well, compared to its performance before), 1 Wiscousin, 1 CMU, 1 Rochester, 1 found an UBC visiting position. Not sure if this continues.  But still all four guys are advised by the same advisor.

UCLA wasn't doing well this year. The best guy went to Boston University (there are 2-3 guys finding academic jobs I think).

Kellogg had two finding academic jobs. 1 to Wash U, 1 to Georgia Tech.

Duke only had 1 job market candidate, no idea where he is going by that time.

Stanford had a decent year (decent compared to its pervious aveage performance). 1 to Sloan, 1 to Boston College, 1 to NHH.

This is the WINNER IS BERKELEY!! This school hasn't placed anyone in top 10 over the last like 10 years. But this year they placed a guy to Stanford and a guy to Wharton (who also has Duke, not sure where he will go).

I was off waitlist from Columbia only like two days ago. So I have no idea how they did.

czisbest

About placement at Kellogg this year: one to UW at Seatle, and one to Georgia State U. Duke: I heard from my friend a month ago that the only guy who is on the job market gets an offer from U of Connecticut, not sure whether he has better offer now.

BTW, in terms of placement, Duke finance is better than other schools except MHSC in recent years. They have a relatively small program and very supportive faculty members.

Mengsk

Yes. Duke did great in the last five years, but you can't just judge a school soley based on that since placement volatility is high in Finance because there is no law of large numbers. After this year's placement by Berkeley, now I think if you only look at 5 year intervals, Berkeley is beating Duke and everyone else. Then maybe next year another program releases a bunch of great candidate, and the ranking turns again. Afterall, I don't think there is much difference in placement beyond
H(econ)M(econ)CSHM (in that order).

PS: sorry it is Georgia state, I made a typo, I dont thik Georgia Tech have Finance lol