burningcole wrote:
I applied to three schools, Kellogg, Texas (McCombs), and Foster (Washington). I was rejected at Kellogg, Wait-Listed at McCombs, and admitted to Washington with $$. I have already accepted and put down my deposit for Foster. Subsequently, Kellogg has reached out to me indicating that I was competitive and that they would love for me to consider their part-time program.
Foster:
Pros: 1) Originally from the Seattle area, parents still live there
2) Seattle is awesome! Snowboarding, awesome weather, no state income tax
3) Full-time: Internship, all the extra curriculars, on-campus recruiting, entrepreneurial center
4) Money: Awarded in-state tuition and decent scholarship for 1st Year
5) Potential Money: Some opportunities to make decent money during program (keeping internship during 2nd year since most people intern in Seattle) and/or earn tuition waivers (fellowships, T.A.)
6) Tech/Start-Up Scene, Amazon, Microsoft, etc.
7) Already accepted and put down my deposit
Cons: 1) Full-time: Give up two years of earnings
2) Reputation is regional, somewhat mitigated that I love Seattle and would be perfectly content staying in Seattle
3) Minimal MBB opportunities and Finance recruiting; although, BCG apparently recruited on campus and opportunities at Deloitte, Accenture, PWC, etc.
4) Location: Although, I love Seattle the vast majority of my friends and network is located in Chicago
Kellogg:
Pros: 1) Accelerated: I could potentially be done in 5 quarters (including summer quarters) or 1.25 years; also can save 25% of tuition by doing accelerated
2) Location: Chicago
3) Reputation
4) Keep working; although current job would not pay for anything nor would it help my current job; I have some flexibility so I can make it to class; would at least be able to afford rent, insurance, books
5) My deposit to Foster was relatively minimal in the grand scheme of things
Cons: 1) Part-Time: No internship (although potentially I could try and get an internship); different recruiting opportunities
2) Cost: Potentially way more expensive or more-or-less equivalent to Foster
3) Probably means I'm "stuck" in Chicago... although potentially could just pick up and move after graduation
4) Might need to find a newjob with fixed salary or job that will pay for tuition to make it worth it
Texas (McCombs) on wait-list but Washington offer trumps paying full-boat / out-of-state at McCombs. Thought about applying to Booth, Tuck, or Fuqua but if I got in they wouldn't give me any money.
You missed the Seahawks and the Sounders in the Pros section
burningcoleAs you said, Deloitte & Accenture are big in Seattle. There are many other boutique consulting firms too. In finance, all I know is that Amazon and Microsoft hire a lot of MBA Finance Managers.
One thing to add about Foster is that the students' average age & work experience are higher than the students' average in US schools. I see this as a plus because you will learn a lot from other students when you are in Foster's collaborative environment
If money is a big concern then go for Foster.
If I were you, i would give it a try with Tuck or Booth. Or maybe both. If it doesn't work out then do Foster.