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For a Friend - Chicago or NYU + 20K

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Senior Manager
Senior Manager
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Joined: 23 Oct 2008
Posts: 300

Kudos [?]: 30 [0], given: 10

Schools: Kellogg School of Management
For a Friend - Chicago or NYU + 20K [#permalink]

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New post 02 Apr 2009, 06:59
A friend of mine recently got admitted to NYU. He will be receiving around 20K in scholarships over the two years (altogether, not each year). He is also on the WL for Chicago.

He is an international. Both schools have good reputations in out home country. He wants to work at a VC eventually, though his background is commercial law and entrepreneurship and realistically it may be hard getting a VC job after school.

An advantage living in New York has is that there is a tiny hedge fund we helped start up a few years ago is located there and he could probably be involved in it while studying in New York (maybe unpaid internship and etc). Also, he has several friends who live in New York and knows no one in the Chicago area (except me:)).

We argued about whether or not he should fight it out for Chicago and pick them over NYU if he gets admitted (even if he gets no money). I would appreciate your thoughts!

Thanks,
Gil

Kudos [?]: 30 [0], given: 10

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Joined: 10 Apr 2007
Posts: 4318

Kudos [?]: 765 [0], given: 5

Location: Back in Chicago, IL
Schools: Kellogg Alum: Class of 2010
Re: For a Friend - Chicago or NYU + 20K [#permalink]

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New post 02 Apr 2009, 07:16
10k a year isnt a huge difference, especially when you realize that attending NYU will cost more because even though Chicago is far from cheap, NYC is very expensive. Whats the harm in trying to get into Chicago and then deciding. He might not even get in thus making it an easy decision. He only has one acceptance at this point so dont let him get ahead of himself. NYU would be great for what he wants to do.

The real question is does he plan to go back home after his MBA or does he want to stay in the US. If he plans on returning overseas which brand is stronger, is it a big difference?
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Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond.
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Kudos [?]: 765 [0], given: 5

Senior Manager
Senior Manager
avatar
Joined: 23 Oct 2008
Posts: 300

Kudos [?]: 30 [0], given: 10

Schools: Kellogg School of Management
Re: For a Friend - Chicago or NYU + 20K [#permalink]

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New post 02 Apr 2009, 07:33
Thanks. Brands are quite similar over here but he plans on sticking it out in the US for at least 3 years.

Kudos [?]: 30 [0], given: 10

Re: For a Friend - Chicago or NYU + 20K   [#permalink] 02 Apr 2009, 07:33
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For a Friend - Chicago or NYU + 20K

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