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11 Jan 2020, 14:10
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I have been lucky enough to have received offers from two great schools:
Kellogg - No scholarship
McCombs - $70000 scholarship
I am coming from a software background and want to move into a product management role post MBA. As a backup, I am also open to exploring consulting as an option.
Going forward with the decision, my main concern is the risk factor involved for an international student. I don't want to be in a situation where I can't pay off the loan because I can't find a job in USA.
Below are some of the pros and cons I have been able to think of about both universities:
Things going for Kellogg:
. Brand recognition
. Big tech and MBB target school. Higher chances of sponsorship.
. Stem degree. Three year OPT visa
. Love how the community has been so helpful so far. Whoever I have reached out to has been super responsive.
Things going against Kellogg:
. Degree cost
. No huge average pay difference with McCombs.
Things going for McCombs:
. Almost $140000 less cost.
. Austin city location.
. Higher placements in Texas. Being in a place with lower cost of living will be helpful to pay off student loans.
Things going against McCombs:
. Regional university
. Big tech/ MBB don't hire from McCombs
. State university feel.
. Community not very responsive so far.
Please help me out dear experts!!
Posted from my mobile device
Kellogg - No scholarship
McCombs - $70000 scholarship
I am coming from a software background and want to move into a product management role post MBA. As a backup, I am also open to exploring consulting as an option.
Going forward with the decision, my main concern is the risk factor involved for an international student. I don't want to be in a situation where I can't pay off the loan because I can't find a job in USA.
Below are some of the pros and cons I have been able to think of about both universities:
Things going for Kellogg:
. Brand recognition
. Big tech and MBB target school. Higher chances of sponsorship.
. Stem degree. Three year OPT visa
. Love how the community has been so helpful so far. Whoever I have reached out to has been super responsive.
Things going against Kellogg:
. Degree cost
. No huge average pay difference with McCombs.
Things going for McCombs:
. Almost $140000 less cost.
. Austin city location.
. Higher placements in Texas. Being in a place with lower cost of living will be helpful to pay off student loans.
Things going against McCombs:
. Regional university
. Big tech/ MBB don't hire from McCombs
. State university feel.
. Community not very responsive so far.
Please help me out dear experts!!
Posted from my mobile device
22 Jan 2020, 09:56
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This is a lifelong decision! If I would you I would not pass on Kellogg. The school is multiple tiers about McCombs and I think over time you would regret not going. I think it would be worth the debt!
Posted from my mobile device
Posted from my mobile device
FuturePM91
Joined: 05 Nov 2015
Last visit: 27 Apr 2022
Posts: 542
Own Kudos:
Given Kudos: 71
Concentration: Strategy, Social Entrepreneurship
Schools: HBS '20 (D) Kellogg '20 (M$) Haas '20 (D) Yale '20 (D) WP Carey" 20 (A$) McCombs '20 (A$) Tepper '20 (A) Ross '20 (A) Wharton '20 (D) Anderson '20 (WD)
GMAT 1: 740 Q48 V44
Schools: HBS '20 (D) Kellogg '20 (M$) Haas '20 (D) Yale '20 (D) WP Carey" 20 (A$) McCombs '20 (A$) Tepper '20 (A) Ross '20 (A) Wharton '20 (D) Anderson '20 (WD)
GMAT 1: 740 Q48 V44
Posts: 542
Kudos:
202
22 Jan 2020, 13:26
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Mseemab
I turned down a full scholarship at McCombs to attend Kellogg (where I am now). I wouldn't hesitate to do the same thing again. I was also looking into tech and was able to intern with a well known tech company and secured interviews with multiple FAANG companies throughout the recruiting process. I don't think that would have happened if I had gone to McCombs for the exact reasons you specify.
In addition to recruiting, you also should take into account the classroom experience. The work experiences of my classmates are just incredibly impressive (still don't know how I got in lol) and that is really important to your learning. In addition the professors at Kellogg are often experts in their fields especially in the marketing department. My strategy professor wrote a strategy case on Starbucks and then went and taught that case to Howard Schultz and his senior leadership team. The ex CMO of United and Hyatt are on our faculty and teach classes in customer loyalty. The founder of blue nile is on our faculty and teaches an entrepreneurship class. The opportunities you have to learn here are endless.
That said, I also am not an international student so I was not in the same position that you are in. I would imagine though that it would be harder to find sponsorship from McCombs vs Kellogg, but on the other hand it will cost you less to go to McCombs, so I understand the dilemma. I would encourage you to think long term though, instead of thinking about the first job out of school, think about which one will give you the best long term opportunities. With your software dev background and the recruiting opportunities at Kellogg you should have a very good shot at pm with FAANG. Although Mccombs and Kellogg may have similar average starting salaries, remember that is just for your first job, so also consider which will give you more value 5 years, 10 years, 15 years out. It also depends on how risk averse you are. If you are more risk averse and you value the security of knowing that you will be able to pay off your loan, then take the money, if you have a bit of risk tolerance, I would pick Kellogg because I believe (and I'm biased given my own decision) that the long term ROI will be better.
