“ Another comparison: at the time (early 2000s) multiple people in senior level positions in European companies mentioned to me that in their opinion, having an MBA from a top US school was equivalent to a degree from a top Italian economics school like Bocconi University”
HBS and GSB have much more brand value than Bocconi university. Whether the economics education you get is on par is debatable but it’s clear one of the selling points of an elite US MBA is the signaling.
I’m skeptical of the claim that Bocconi university has anywhere near the signaling effect of HBS/GSB.
Bocconi might have more signaling value to European or Italian companies perhaps, but American companies have European companies thoroughly beat in terms of number, size, power, global influence, etc. One of the "benefits" of valuing capitalism as much as we have is that the opinion of American company management carries quite a bit more weight around the world, and they would pick harvard over bocconi any day.
HBS and GSB have much more brand value than Bocconi university. Whether the economics education you get is on par is debatable but it’s clear one of the selling points of an elite US MBA is the signaling.
I’m skeptical of the claim that Bocconi university has anywhere near the signaling effect of HBS/GSB.