Guys, I've heard lots of stories about over-expectations from MBA programs. Despite my mediocre academic background, I am offered a place in a full-time MBA program with a top Chinese business school (CEIBS), probably in view of my entrepreneurship merits.
I'm 30, married with a 2-year old baby, and has several small e-Commerce businesses. I have heard from past students that for the first three terms I'm only expected to have 5 hours of sleep, and that the school is very strict about punctuality (comes with penalties) etc. These info come at a shock to me, as I don't expect to be treated like a kid no more.
I don't think I am willing to fork out USD 62K AND 18 months of torture for it, but frankly I think I stand quite a high chance of being offered a scholarship, either from the school or from an external corporate sponsorship. The sponsorship might be either USD 24K or the full USD 62K!
What if I'm being offered a full scholarship? Sounds crazy to turn it down?
How is it at other top business schools? Do they also have strict rules and also extremely intensive program?