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19 Apr 2022, 06:25
Kudos
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Hi everyone,
I have an admission offer from UCLA Anderson with a $70k fellowship (split equally in the two years), but I'm having a hard time deciding whether to go for it or not. My other options are NYU Stern (no scholarship) and Cornell ($20k scholarship with automatic renewal in 2nd year if I get good grades).
A little about my background - I have completed my under-graduation in Business Economics from Delhi University in India, and have 2 years & 8 months of experience working as a Risk Consultant at KPMG India. I want to pivot to corporate finance or general management/strategy roles post my MBA. However, I don't want to limit myself strictly to these options.
I have the following things in mind regarding these schools:-
NYU Stern- It is one of the best b-schools located in the world's finance mecca. However, it is extremely expensive (especially with no scholarship) and the living expenses in NYC are high too. I am worried about the stress that would come along with such a big amount of loan, especially with a course as demanding as an MBA. Plus, the community didn't feel very collaborative in all the pre-MBA events. But it is the best ranked amongst the 3 schools.
UCLA Anderson- I have a scholarship, which eases the financial burden a bit, it is closer to some relatives in the US, it is well known for strategy roles or other roles in the tech industry. I am interested in recruiting for tech but I don't have any education or workex in tech, so wondering if leaving Cornell/NYU for just tech would be a safe bet or not.
Johnson Cornell - it's less expensive than NYU Stern and a well-known finance school but it is in middle of nowhere.
I have always wanted to go to the US because of the exposure you get during your education, and not to settle there necessarily. I might want to move back to India after repaying my loan and spending a few years there. Moreover, even if I consider living in the US, my preference would be West Coast.
It would be immensely helpful if you can share any insights you might have or correct me wherever I'm wrong. Thank you in advance!
I have an admission offer from UCLA Anderson with a $70k fellowship (split equally in the two years), but I'm having a hard time deciding whether to go for it or not. My other options are NYU Stern (no scholarship) and Cornell ($20k scholarship with automatic renewal in 2nd year if I get good grades).
A little about my background - I have completed my under-graduation in Business Economics from Delhi University in India, and have 2 years & 8 months of experience working as a Risk Consultant at KPMG India. I want to pivot to corporate finance or general management/strategy roles post my MBA. However, I don't want to limit myself strictly to these options.
I have the following things in mind regarding these schools:-
NYU Stern- It is one of the best b-schools located in the world's finance mecca. However, it is extremely expensive (especially with no scholarship) and the living expenses in NYC are high too. I am worried about the stress that would come along with such a big amount of loan, especially with a course as demanding as an MBA. Plus, the community didn't feel very collaborative in all the pre-MBA events. But it is the best ranked amongst the 3 schools.
UCLA Anderson- I have a scholarship, which eases the financial burden a bit, it is closer to some relatives in the US, it is well known for strategy roles or other roles in the tech industry. I am interested in recruiting for tech but I don't have any education or workex in tech, so wondering if leaving Cornell/NYU for just tech would be a safe bet or not.
Johnson Cornell - it's less expensive than NYU Stern and a well-known finance school but it is in middle of nowhere.
I have always wanted to go to the US because of the exposure you get during your education, and not to settle there necessarily. I might want to move back to India after repaying my loan and spending a few years there. Moreover, even if I consider living in the US, my preference would be West Coast.
It would be immensely helpful if you can share any insights you might have or correct me wherever I'm wrong. Thank you in advance!
19 Apr 2022, 22:01
Kudos
Bookmarks
NiharikaAgrawal
Hi Niharika
Thanks for posting. Here is our advice:
- Given that your preference is to work/live in the West Coast, and that you will probably find a good fit either in Strat+Ops or Consulting roles (Corporate Finance can be a bit hard for internationals to get into, though not ruled out), UCLA seems like a great choice. The $$ will help, and it is a great school for consulting or for tech.
- Stern is an excellent choice as well, but as you have noted, the cost of education will be significantly higher there. We would't worry too much about the rankings - not only are they not uniform (you will find these schools in different orders in different rankings), but often, rankings aren't a 'real' factor when you arrive on campus - the actual opportunities count much more, and they often have little direct correlation rankings, at least for the schools you are considering.
Hope this helps. Feel free to come back with more question as needed.
