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17 Dec 2015, 14:19
Kudos
Bookmarks
Hello everyone,
I am in a dilemma here and would really appreciate your thoughts.
Got admitted into both Darden and INSEAD. Darden gave me a full tuition waiver, while INSEAD offered €12k (meaning another €59k tuition fee to cover).
My background: Asian, male, 7 years in Europe, currently working in corporate strategy in Europe. Immediate post-MBA career goal is management consulting, general management in the long run. Location wise I have no strong preference for the short-term, but definitely would like to go back to Asia in the long-term.
Financing does matter quite a bit to me, as without scholarship, I will have to finance a big portion of the MBA expenses through loans.
Any thoughts / comments will be much appreciated.
I am in a dilemma here and would really appreciate your thoughts.
Got admitted into both Darden and INSEAD. Darden gave me a full tuition waiver, while INSEAD offered €12k (meaning another €59k tuition fee to cover).
My background: Asian, male, 7 years in Europe, currently working in corporate strategy in Europe. Immediate post-MBA career goal is management consulting, general management in the long run. Location wise I have no strong preference for the short-term, but definitely would like to go back to Asia in the long-term.
Financing does matter quite a bit to me, as without scholarship, I will have to finance a big portion of the MBA expenses through loans.
Any thoughts / comments will be much appreciated.
17 Dec 2015, 14:27
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cybluebird123
In terms of the cost, consider also the extra year you will have to spend in Darden and the cost of that along with the opportunity cost. It will be $100K on the low side. Thus the two options are pretty equal; Darden probably being a bit more costly.
Q: Are you changing industries? Would doing a 1-year Insead program allow you to do that without an internship?
Q: It sounds like you would have less headache with work permits/H1B/etc if you stayed in Europe or went back to Asia as it seems you can work there without issues. What would be your strategy if you went to Darden? You would spend 3 years in the US and then try to make your way back to Asia? or where would you look for a job after graduation?
17 Dec 2015, 14:46
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bb
Thanks bb for your comments!
I do realize that opportunity cost plays a role here. However the costs that need to be incurred upfront is another aspect, and personally I feel having more financial flexibility will help me to extract more out of the MBA experience.
To your two questions:
1. In a strictly sense I am change industries. At the moment I am working in the strategy department of a MNC, and want to go into management consulting, although the type of work will remain similar;
2. You are right - work visa is less of an issue for me either in Europe or Asia vs. in the States. If I go to Darden, my plan would be to apply to some consulting firms in Asia directly, or try to get a job in the States and transfer back to Asia in a couple of years.
One additional question, without considering the financial aspect, is it indisputable that INSEAD is perceived better than Darden on most fronts (outside US)?
