Londoner2019
So guys, as you may remember I’m an R2 admitted candidate. Just got the results of the super rushed Fin Aid request process. Ta da! Have received ZERO support from them.
I know I have a rather high Swiss salary but they do know I won’t be getting it whilst I’m studying right?
While I was super excited about the institution I’m on the verge of declining the offer. I’ve always been on full scholarships simply due to academic/extra curricular achievements and not having that makes it feel like a transaction almost - which, who am I kidding, probably what business schools are.
I dunno. I’m quite disappointed & shocked actually. UK Universities are no where as rich as Stanford but are always able to offer support in some form or another.
What are your thoughts on this please? My family says it would be stupid to leave a pretty senior position in strategy consulting and take on... what 200k + debt?
I can understand if people who can afford that kinda money want to pay that for their brand. But being Oxbridge already, I couldn’t care less about the “brand value”.
Posted from my mobile device--------------------
Well! I will give you my opinion but it's from a guy who wasn't even Interviewed. So, take it with precaution. In my opinion, MSx is great for people who are sponsored by their companies. For them, they won't have to pay a dime and the degree will help them climb the internal corporate lader. For others like me who would spend +180,000$ in tuition & +200,000$ in so called "opportunity cost" totalling almost $400,000 it's NOT worth it at all. Not to mention that I may end up enrolling to at most 50% of the best convoited courses (MBA students who pay 1/4 of MSx tuition have enrollment priority through an algorithmic lottery system), I'm VERY HAPPY that I didn't get in. Why would I pay 400K to end up with half of the courses I planned to take? It would be a waste of time and money. I'm already looking elsewhere. It took me a whole night to understand that I was about to make a big mistake. This is just from a self funding MSx candidates perspective.
For those who are sponsored, it's a Great program and an excellent investment of your time and efforts leading to a great achievement among your peers.
This is just my own point of view and shouldn't influence your decision although waitlisted people would love that you turn down the offer.
If I was making +250,000$ a year, I wouldn't go back to school even for a PhD