Tradeoff is the term should be described here. To what extend are you willing to scarify one for another. I totally agree with Openman. One should visit the schools if it permitted. Obviously everyone has his/her own reason(s) when it comes to choose a MBA program. Factors could be rankings, tuition, location, family tradition, or a combination of anything. I am not affiliated with both schools, and I do not promote or represent Iowa or Pitt. To compare two schools, I simply just listed public data. As you mentioned, public data might be misleading sometimes, and it ties to what I mentioned before, a Pitt or Iowa student does not mean he/she will NOT receive a 6 digit starting salary upon graduation.
FYI: The following is just for argument's sake. I do think that it is beneficial to discuss back and forward. Maybe our perspective students would see something here. However, for those who are not interested, please discard the followings.
cmchen \$m[1]:統計數字的確是一個決策時非常好的參考, 但如果能有更深入的, 可能在公開資料上找不到的資料, 也許會更好. 許多放在網頁上的統計資料也許並不適用於每個人; 如果能針對自己的狀況夠詢問校方/校友/學生以獲得更深入的資訊的話, 可能會有很大的幫助. 畢竟每個人的狀況都不同.
Consent. Obviously, it would nice to discuss with someone like those people who have or are attending to your target schools. Please keep in mind that information could be misleading not only from public data, but also from local students.
cmchen \$m[1]:我相信這句話是有可能引起爭議的. 一般來說, 地緣因素可以帶來學生(尤其 part time), 企業, 額外的課程, 合作案. 地緣可以帶來與企業的互動, 不管是直接來徵才的, 要來做 project 的或平常聊聊天的, 不管是跟 faculty, staff 或者學生. 地緣可以減少企業徵才的花費所以可以增加意願. 地緣應該不止影響房地產跟地價.
I agree that part time students would be benefited from living in a big city due to the locations of their jobs. However, I assume that you and other readers most likely are full time students. I do not know why you emphasize that much on part time students. I do think having part time students in a full time classroom is a two-edged sword. Indeed, they are most likely with local companies and you could benefit from the networking with them. In fact, BusinessWeek just published an article talking about the importance of the networking.
http://www.businessweek.com/bschools/co ... op+storiesHere is the slide from the article for Iowa, and for some reasons, there are about 45 schools listed and Pitt is not included.
http://images.businessweek.com/ss/09/03 ... mni/34.htmNevertheless, how many international students really receive a job from a networking event (meaning your job is really provided by your “friends” at least 80% of the entire process)? I do see American students are benefited more than international students are when it comes to “networking.” What the downside of having part time students? Obviously, they are experienced and most likely going to be local residents. In a classroom, you can hear all their great speeches and it is great to learn from them. However, your time to “speak up” also decreases proportionally.
Maybe Pitt is very special, but I think recruiters normally come at a scheduled time to conduct interviews. Even if it were true, how many international students get a job via networking (to my previous point)? I do think companies come to the campus or invite students to their offices for any sponsored events. The only major cost for a college town is “time.” On the other hand, we are living in a 21st century. Teleconferencing is done very often and many college towns are well equipped with this technology.
cmchen \$m[1]:所以統計數字如果能深入去看的話, 的確可能看到更多的東西. 地緣也不止影響房地產跟地價, 至少還有物價. 雖然 cnn 說 Pittsburgh 生活費較低, 但我不認為兩個城市的生活費有巨大的差異, 都是相對大多數的大都會來說很便宜的地方. 兩個城市各有其好處, 房價低的通常租金低, 有人會說平常不出門所以用不到 healthcare (by the way, 純好奇, Iowa 的學生應該也會有到外面看病的機會?), 比 grocery shopping 的物價可能更要比華人超市的物價, 不過我知道 Pitt 的學生如果不買車就是搭公車跟校車, 這是包含在學雜費內的(i.e. 之後是坐免錢). 當然如果要精算還是可以多方考慮.
I agree that big city does provide more stuff. That was why I have focused on the size of the cities. However, in order to enjoy the benefits, you might have to make some scarifies. You might be able to find an apartment for $600 a month. That number could offer a very cozy apartment in Iowa for you. On the other hand, that price would probably just give you a “less-than-ok” apartment with a bad neighborhood in Pitt.
I am sorry that I was being clear on the insurance issue. Iowa students obviously are not supermen, and they are indeed vulnerable to virus. Being an international student, you are required (in most cases) to purchase insurance provided by the university. It is a fixed cost and you could not avoid it. That is why I mentioned you will not be benefited from the lower insurance cost in Pitt. However, receiving a GA position at Iowa, I think your insurance is also covered. You might want to take that into your considerations.
cmchen \$m[1]:我相信在學校的差異並不像是火星跟地球那麼遠的狀況下, 任兩個學校之間應該都有各自的特色與好處, 不至於有某個學校完全勝過另一個學校. 以現在這個例子, Iowa 有當地的企業, 有距離中西部中心很近的優勢, 有許多企業前往徵才; Pittsburgh 自己有產業有城市, 距離數個美東大城也不遠. Iowa 的 class 小所以有許多人不那麼多的好處, Pitt 的人多一點, 地點市區一點所以可以開一些也許別人不會開的課, 如和公司一起做 project 的課程, 跨領域課程跟 MIS...等等. 相信兩個學校會有各自的最適合的人, 而選擇最適合自己的學校才是這個過程中最需要注意的地方.
然後是比較 specific 的...
I agree that studying in a big city will receive something whether it is positive or negative. I think that our prospective student is trying to major in finance. For the argument’s sake, I did look into what Iowa has to offer. Iowa has an electronic market for its correct prediction of future events. Also, Iowa has “The Hawkinson institute of Business Finance.” I am not familiar with the admission or anything with that institute. However, it seems like enrolled students have almost 100% placement rate even in this troubled financial market. The job locations are nationally (i.e. NYC). In addition, there are other programs that MBA finance students could participate. It seems like the finance department at Iowa is much enriched compared to the one at Pitt.
http://tippie.uiowa.edu/hawkinson/employment.cfmcmchen \$m[1]:很抱歉我的想像不能給我一個 hunch :p 各學校會有各自的特點, 例如某 fortune 1000 公司找某職位時跳過了賓州的兩個私立學校, 而選擇到公立學校. 他們有他們的原因, 我並不能妄加猜測. 但不同的學校會有不同的定位, 不同的特色, 不同的訓練, 不同的學生風格, 企業也知道這些而去選擇最適合他們的學校. 賓州的確有很多好學校, 如果真的要列公私立加一加還可以列出好幾所; Pitt 在 local (西賓州, 東 Ohio, 北 West Virginia)並非沒有對手, 但是在本地市場的確還是有一些優勢. (廣義的)美東的學校是很多, 但美東的公司也相當的多, 各公司/學校可以各取所需.
Indeed, American companies do not just take students from top private schools (unlike Taiwanese companies' only take top public school students). For other majors, maybe Pitt is the top one choose in PA, but when it comes to business major, especially for finance, maybe it is little bit hard to believe that is the case.