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FinanceMinister
27 Mar 2021, 11:50
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I'm very fortunate to have been admitted into Darden with a Full tuition and Fees scholarship and Wharton with no $. I'm really struggling with a decision. I'm looking to transition into a strategy role and also venture into Entrepreneurship in Africa post-MBA. Any input to help in my decision would be greatly appreciated.
FinanceMinister
Fantastic job! Congratulations!!!
I feel this is a big personal situation choice. Perhaps someone has an easier answer
- please chime in!Darden is ranked #11 as of today. May change on Tuesday actually but it is a solid T15 program. Wharton is HSW...
I feel Wharton has a strong international name and would be a lot more effective in terms of network and instilling fear into the eyes of your enemies
(just kidding) while Darden would be a no-brainer if you were looking to go for a period of time with low pay such as your own startup while looking for funding or going back to Africa and taking some pressure off you. Are you feeling you need the maximum firepower and best chances for your goal (this works well if your goal is ambitious such as management consulting or very competitive industries). You pay for opportunities and you pay for better odds. Think of it as an insurance policy and a premium boost for one of those phone games as two-in-one.
Darden would again be great and awesome. The case method is interested (I am guessing it does not scare you since you applied). Attending provides you with the least debt and freedom to choose and dabble in things and shields you a bit from potential immigration challenges in case you do have to work in a lower-pay environment. You will have to work harder at recruting, not have as many on campus or network opportunities but that's the trade off - think of it as Stocks vs. Bonds. Bonds don't pay much but they are pretty safe. Stocks you can lose butt off but you get a lot more if the timing is right.
I feel it is very polarized personal decision here. I can't say Darden or Wharton - i feel both are contenders.
What do you feel? Do you value best opportunities and strong brand or do you prefer less exposure to financial risk?
P.S. There is a third option - to go back to Wharton with your Darden scholarship letter and see if they would give you something. They may match 50% though it is late in the season but you never know. It may come into play. It is worth a shot.
Again, congratulations on doing so well during this competitive season!
BB.
FinanceMinister
27 Mar 2021, 16:02
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bb
Thanks BB for the quick response!! Wharton was one of my main target schools, I got dinged by Harvard and Wharton with no interviews. The pro for Wharton is definitely the namebrand and network even on the African continent. I'm an entrepreneur and by nature a risk taker. That being said, I also believe it doing ones due diligence when faced with life changing decisions to ensure the best decision is made. Regarding your 3rd option of approaching Wharton with my Darden scholarship, how do I go about that the right way and who should be my initial point of contact?
