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Kellogg with $$$ vs. Wharton Lauder with $

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Kellogg ($$$) or Wharton Lauder ($) ?

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Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 16 Jan 2020, 06:32
Hi, everyone! So I have a great but difficult decision to make. I got into Kellogg with a full scholarship but have also been admitted to Wharton Lauder with a scholarship that would cover about 25% of total cost. I have always been extremely internationally oriented and would like to continue to work abroad. Does Lauder get the edge or does Kellogg's network compensate for Lauder? How different are the communities? Which option would you recommend?

Thanks!
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Re: Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 16 Jan 2020, 07:18
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Snowman37 wrote:
Hi, everyone! So I have a great but difficult decision to make. I got into Kellogg with a full scholarship but have also been admitted to Wharton Lauder with a scholarship that would cover about 25% of total cost. I have always been extremely internationally oriented and would like to continue to work abroad. Does Lauder get the edge or does Kellogg's network compensate for Lauder? How different are the communities? Which option would you recommend?

Thanks!

I think Wharton provides need based aid, check out if you qualify for the aid and if it does come down to a point where you can bring it down to that, go for the Wharton Option. NEEDLESS to say, both are amazing universities and you'll probably get all you need from both.

To answer your specific questions-
Wharton has a great student network, including the Trump family (Take it however you want) and definitely has a prestige advantage given that it beat Harvard in The US News rankings
I am hoping you are going for an MBA/MA joint degree

Kellogg is In evanston illinois, students spend a lot of time on campus and is a close knit community

I definitely would go for an option that saves me money as look it is basic math
You'll get a prestigious brand name from both-
But
If you get even say 10k less from the college you choose to matriculate from that has saved you about a 100k, then it will easily be 8 to less than 10 years to break even, and then start earning more.

So the choice is clearly yours, but think again, as I know you like them both and would not have applied to both if you didn't like them both.

Factor in what can be done
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Re: Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 16 Jan 2020, 08:38
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Which industry do you want to work in? Have you visited the schools?

I think Wharton probably has better international name recognition, however if your goal is to just work abroad that is achievable at both schools and I don't think either one has an edge over the other, pretty much every company has work abroad opportunities nowadays so I think a better way to ask this question is a) what do you want to do and b) which culture fits you better. Wharton and Kellogg have very different cultures, and different industry strengths when it comes to recruiting, so I would answer those questions first.

If you are neutral between the two given the answers to those two questions, then I would 100% take the money.
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Re: Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 17 Jan 2020, 17:20
Hi, thank you both for your insightful answers! My aim is to focus on entrepreneurship, transports and international relations. I was thinking Wharton and especially Lauder was the way to go, but I might fit in better with the Kellogg. Since I am not aiming for necessarily high-paying industries, I was thinking the money was important. But a lot of alumns have told me you quickly make up for it. Should I really consider it? Especially since Lauder comes with an MA from an Ivy school...

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Re: Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 19 Jan 2020, 08:53
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Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 19 Jan 2020, 09:18
My 2 cents is Wharton has a much stronger name globally. MA - I am not sure how that plays out since you are getting an MBA and not sure MA matters in that case.

Not having a massive loan is nice. If you are joining a tech or consulting company, you could get a $50k signing bonus and that helps but if you are recruiting in EU with. 60% income tax that will take a little while longer to pay off... but if you want to have freedom and less pressure after graduation not to pay $1k/month, that’s Kellogg.

If I had undergrad loans on top of it, I would probably take Kellogg. At the same time some believe you get an MBA once and at the price of a large wedding or a modest House down payment, 125k is not the end of the world.

PS. Based on my Value of a Top MBA post, I ruled out trading HBS/GSB for the M7 but with the strong labor market and Wharton’s third spot in the HSW, I am not so sure it is a bad deal. Even to this day I shop for groceries by price :lol:

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Re: Kellogg with $$$ vs. Wharton Lauder with $  [#permalink]

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New post 21 Jan 2020, 18:10
Snowman37 wrote:
Hi, thank you both for your insightful answers! My aim is to focus on entrepreneurship, transports and international relations. I was thinking Wharton and especially Lauder was the way to go, but I might fit in better with the Kellogg. Since I am not aiming for necessarily high-paying industries, I was thinking the money was important. But a lot of alumns have told me you quickly make up for it. Should I really consider it? Especially since Lauder comes with an MA from an Ivy school...

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Sorry for being dense but I’m still not 100% clear on you career goals. Obviously I understand what entrepreneurship means (?) but transports and international relations? Is that transportation industry? And do you mean entrepreneurship within that industry? And where does international relations come in?

Maybe it would be helpful to understand what kind of products your are thinking of working on/if there are specific companies you want to work for?
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Re: Kellogg with $$$ vs. Wharton Lauder with $   [#permalink] 21 Jan 2020, 18:10
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