First World Problems
From the moment that I first got “the call” from Director of Admissions Ankur Kumar welcoming me to Wharton’s class of 2015, I began to lean strongly in Wharton’s direction for a number of reasons. I had received a similar call from Chicago Booth the day prior, and would get the nod from MIT Sloan about 5 weeks later.
Still, I really wanted to take my time to vet the pros and cons of each institution and make sure that I was making the right decision. I registered for both Wharton and Booth’s admit weekends right away. Since MIT’s decision date lagged the others by more than I month, I decided that I would plan for their R2 admit weekend instead of their R1 festivities.
I was only given a couple of weeks to prepare to attend R1 admit weekend for Sloan and I didn’t want to have to be on a strict budget on any given weekend, so I pushed that one out. I also figured that in doing so I would only take up that space at admit weekend if I knew that I’d be attending Sloan.
Choosing Just One
If you would have asked me to choose between these same institutions a year ago, my knee jerk response would have been:
However, the past 3-5 months of research, welcome weekends, conversations with multiple students & alums, talks with professors, reading books, studying curriculum, meeting fellow admits, sitting in classes and throwing back shots with current students made things eventually shift to:
Wharton vs. Booth vs. Sloan
While Booth was always a bit of an outlier in this decision, it was oh, so attractive and came with many things to like. I had a really hard time declining that offer on the 2/19 deadline. From Eddie Pulliam and the wonderfully welcoming admissions staff to Kurt Ahlm to my close friend Cheetarah1980 and all of the fun, fantastic people that I met in Chicago, that community has just really been good to me. I also mourned passing up the opportunity to study under the likes of Craig Wortmann and Waverly Deutsche.
Ultimately, I felt that Booth had everything that I needed to achieve my goals, but that the breadth and depth of human capital, mentorship and network within the entrepreneurship space was both stronger and more relevant to my goals at Wharton and Sloan. So, I submitted my decline on Booth’s deadline and asked Wharton for an extension to continue to mull over Wharton vs. Sloan.
Wharton vs. MIT Sloan
The choice between the other two schools was a bit more hairy for me. Still, I felt that I had the info that I needed to decide. Though I had not visited Sloan, I knew more than enough about the institution to where I felt comfortable in my ability to make the right choice based on the knowledge that I had.
Next to Stanford, MIT is the most famed school for entrepreneurship; yet, my research brought me to conclude that Wharton would be just as good for what I wanted to do, and with less competition for the exact same resources.
I saw a greater diversity in the aspirations of the Wharton entrepreneurial community in terms of industry and market. At Sloan, most of the folks there are looking to do something quite similar to what I want to do; which means that we will probably end up bumping heads for the same resources, mentors and even business partners.
Could I make it work at MIT? Oh, hell yeah; but I decided that I’d rather do so in an environment where it would be easier for me to be more collaborative rather than competitive with the other entrepreneurs–an environment that had all that I needed without hordes of people clamoring to compete with me for it.
Then there was the love. I’ve developed a deep affinity to the Wharton community that I probably couldn’t shake if I tried. From Ankur to Kembrel to Pete Fader to my classmates to the Founders club et al, Wharton is just ”where I wanna be”. Period.