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ajtmatch
Joined: 04 May 2018
Last visit: 27 Sep 2020
Posts: 44
Own Kudos:
Given Kudos: 883
Location: India
Schools: Mendoza '22 Simon '22 (WL) Owen '22 (WL)
GMAT 1: 650 Q46 V34
GMAT 2: 680 Q49 V34
GPA: 3.3
02 Apr 2020, 00:53
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Hi Guys,
I am an international student from India with a GMAT 680 (Q49, IR 8). I have received admits from Questrom and Carlson with equal amounts of scholarship - $50,000 for two years, for each. Carlson ranks ahead of Questrom for the last many years US news rankings. The latest rankings are - Carlson at #28, while Questrom is at #48.
I am an entrepreneur - started my own company, and recently transtitioned to manufacting industry (family business). So no 'brand name companies' on my resume per-se. My post-MBA aim would be to work, for a say around 5 years, for a consulting firm (not MBB) in a Generalized Management/ Strategy consulting role; the back-up option would be a PM in a tech firm. Which school would serve a better option for these goals? I would ideally like to work and live in New York/Boston (family in NY/NJ), which would make Questrom seem like an obvious choice but I feel that Carlson is all around stronger.
I understand that off-late many consulting firms have stopped hiring internationals.
The pros and cons of both:
Questrom:
- Pros:
dual degree MSDT that gives me STEM designation (better chance at finding job?);
Great city, which beats Minneapolis, any day?
More brand recognition outside of the US compared to Carlson.
- Cons:
Expensive living cost;
lower avg salary($92K for internationals v/s $110K for Carlson's international - data for both from the 2019 employment report)
career center is non-existent (from the reviews); too many better schools in town.
Tuition is around $130K v/s $100k for Carlson.
Not all big firms hire on campus or recruit from BU directly per se. Is it possible to get a job on your own in one of the firms I would want to?
Carlson:
-Pros:
Have few international students (18% only), which is actually good - less competition perhaps? (but Only 69% of the internationals secured a job, according to their 2019 employment report)
Better reputation and ranking
higher average salary ($110k for internationals)
Good career center (almost 30% going into consulting)
much cheaper cost of living
- Cons:
no STEM; I will also have to network out of my way to get your dream position given the mid-west location.
In terms of the tuition and stay/other expenses, I will be spending around $40Kish more, over the two year program, if I were to select BU. While I am in a fortunate enough position to not worry too much about the finances, I wouldn't also like to spend it just because of only that single reason. Is BU worth that extra money?
With the unfortunate outbreak of Covid, does it make more sense to go for the STEM designated degree and prefer safety over brand value? What do you guys think? I have only a small time window for making decision, and I'm so divided right now.
PS - Though I will be taking on a debt, it will be at a LIBOR rate - I will repay my company back at the LIBOR rate (around 1.8% p.a.)
bb Mo2men stonecold - your opinions, please?
I am an international student from India with a GMAT 680 (Q49, IR 8). I have received admits from Questrom and Carlson with equal amounts of scholarship - $50,000 for two years, for each. Carlson ranks ahead of Questrom for the last many years US news rankings. The latest rankings are - Carlson at #28, while Questrom is at #48.
I am an entrepreneur - started my own company, and recently transtitioned to manufacting industry (family business). So no 'brand name companies' on my resume per-se. My post-MBA aim would be to work, for a say around 5 years, for a consulting firm (not MBB) in a Generalized Management/ Strategy consulting role; the back-up option would be a PM in a tech firm. Which school would serve a better option for these goals? I would ideally like to work and live in New York/Boston (family in NY/NJ), which would make Questrom seem like an obvious choice but I feel that Carlson is all around stronger.
I understand that off-late many consulting firms have stopped hiring internationals.
The pros and cons of both:
Questrom:
- Pros:
dual degree MSDT that gives me STEM designation (better chance at finding job?);
Great city, which beats Minneapolis, any day?
More brand recognition outside of the US compared to Carlson.
- Cons:
Expensive living cost;
lower avg salary($92K for internationals v/s $110K for Carlson's international - data for both from the 2019 employment report)
career center is non-existent (from the reviews); too many better schools in town.
Tuition is around $130K v/s $100k for Carlson.
Not all big firms hire on campus or recruit from BU directly per se. Is it possible to get a job on your own in one of the firms I would want to?
Carlson:
-Pros:
Have few international students (18% only), which is actually good - less competition perhaps? (but Only 69% of the internationals secured a job, according to their 2019 employment report)
Better reputation and ranking
higher average salary ($110k for internationals)
Good career center (almost 30% going into consulting)
much cheaper cost of living
- Cons:
no STEM; I will also have to network out of my way to get your dream position given the mid-west location.
In terms of the tuition and stay/other expenses, I will be spending around $40Kish more, over the two year program, if I were to select BU. While I am in a fortunate enough position to not worry too much about the finances, I wouldn't also like to spend it just because of only that single reason. Is BU worth that extra money?
With the unfortunate outbreak of Covid, does it make more sense to go for the STEM designated degree and prefer safety over brand value? What do you guys think? I have only a small time window for making decision, and I'm so divided right now.
PS - Though I will be taking on a debt, it will be at a LIBOR rate - I will repay my company back at the LIBOR rate (around 1.8% p.a.)
bb Mo2men stonecold - your opinions, please?
Mo2men
Joined: 26 Mar 2013
Last visit: 09 May 2023
Posts: 2,453
Own Kudos:
Given Kudos: 641
Concentration: Operations, Strategy
Schools: Erasmus (II)
Products:
02 Apr 2020, 11:03
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Hi,
How old are you? Have you applied to other schools this season other than Carlson and Questrom?
How old are you? Have you applied to other schools this season other than Carlson and Questrom?
02 Apr 2020, 12:31
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Hi ajtmatch,
Looks like you have done your homework by listing out the pros and cons. The location of BU also offers a lot of advantages. Its surrounded by great schools and you can attend events organized by these schools. Boston is also home to a lot of startups, tech, healthcare and financial services companies. BU has a good track record in various case competitions over the past 5 years and you get to work with fantastic professors. I have also spoken with many alums and current students, and they all had good things to say about BU. There are a plethora of opportunities available at Questrom, be it tech/healthcare/finance/venture capital and private equity, and if you are good at networking you can find success in whatever you want to achieve at BU and beyond. I can't comment much on Carlson because I haven't researched much about it but BU is a very good school and I don't think the rankings quite reflect its potential.
To your other part - Yeah, STEM allows you to focus on your studies and goals without worrying much about the visa situation. BU is also trying to get STEM for finance and other concentrations too and it may happen in the 2nd year. Carlson's MBA/MSBA dual degree is also STEM but you have to shell out more for it and the duration of the program is longer.
Looks like you have done your homework by listing out the pros and cons. The location of BU also offers a lot of advantages. Its surrounded by great schools and you can attend events organized by these schools. Boston is also home to a lot of startups, tech, healthcare and financial services companies. BU has a good track record in various case competitions over the past 5 years and you get to work with fantastic professors. I have also spoken with many alums and current students, and they all had good things to say about BU. There are a plethora of opportunities available at Questrom, be it tech/healthcare/finance/venture capital and private equity, and if you are good at networking you can find success in whatever you want to achieve at BU and beyond. I can't comment much on Carlson because I haven't researched much about it but BU is a very good school and I don't think the rankings quite reflect its potential.
To your other part - Yeah, STEM allows you to focus on your studies and goals without worrying much about the visa situation. BU is also trying to get STEM for finance and other concentrations too and it may happen in the 2nd year. Carlson's MBA/MSBA dual degree is also STEM but you have to shell out more for it and the duration of the program is longer.
