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sayandeepbasak1
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So have you decided on where to matriculate?
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Montréal

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Thank you all for your inputs and special thanks to Mo2men for detailed feedback.

I haven't really been able to decide. I was bedridden for a month due to Jaundice but now it's high time to decide. I've said no to HEC (tough one but couldn't manage the expenses), Tippie, Boston and Schulich. This leaves me with 3 options, i.e. Manchester, McGill and Olin.

1. Manchester seems most feasible when it comes to finances. I approached Prodigy Finance and have been provisionally approved of a loan of 35 L. The cost of tuition minus the scholarship comes around 21 L. I can use the rest towards my living plus I will save something from UK Consultancy Projects and Internships. The drawback is UKBA's policies for international students. They have recently raised the salary threshold levels for securing tier 2 visa from 20000 GBP to 35000 GBP and then there are uncertainties over UK leaving EU. Returning to India immediately after graduation is a big no-no for me.

2. McGill seems expensive considering the amount of loan I have been approved of initially. I will have to fund 8L for tuition plus the living expenses from my own pocket. However, the ease of staying in the country for 2-3 years post graduation is a big draw for me.

3. Olin seems the best choice for me when it comes to rankings and employment data but it also happens to be the most expensive school in the list. The tuition per year is $55000 minus $20000 scholarship. So it comes around $35000 per year for tuition. Now Olin has offered a loan for international students covering 100% of tuition fees in both years.If I take out the loan, I would have to fund my living expenses only from my pocket. From Olin's website, it appears the cost of living for a student is $22000 a year but I really doubt it's that expensive in Missouri.

I welcome inputs from my friends while I make the decision. Phew it's a hard one to make ....:(
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sayandeepbasak1
Thank you all for your inputs and special thanks to Mo2men for detailed feedback.

I haven't really been able to decide. I was bedridden for a month due to Jaundice but now it's high time to decide. I've said no to HEC (tough one but couldn't manage the expenses), Tippie, Boston and Schulich. This leaves me with 3 options, i.e. Manchester, McGill and Olin.

1. Manchester seems most feasible when it comes to finances. I approached Prodigy Finance and have been provisionally approved of a loan of 35 L. The cost of tuition minus the scholarship comes around 21 L. I can use the rest towards my living plus I will save something from UK Consultancy Projects and Internships. The drawback is UKBA's policies for international students. They have recently raised the salary threshold levels for securing tier 2 visa from 20000 GBP to 35000 GBP and then there are uncertainties over UK leaving EU. Returning to India immediately after graduation is a big no-no for me.

2. McGill seems expensive considering the amount of loan I have been approved of initially. I will have to fund 8L for tuition plus the living expenses from my own pocket. However, the ease of staying in the country for 2-3 years post graduation is a big draw for me.

3. Olin seems the best choice for me when it comes to rankings and employment data but it also happens to be the most expensive school in the list. The tuition per year is $55000 minus $20000 scholarship. So it comes around $35000 per year for tuition. Now Olin has offered a loan for international students covering 100% of tuition fees in both years.If I take out the loan, I would have to fund my living expenses only from my pocket. From Olin's website, it appears the cost of living for a student is $22000 a year but I really doubt it's that expensive in Missouri.

I welcome inputs from my friends while I make the decision. Phew it's a hard one to make ....:(

Based on your great analysis above, I would rule out Manchester. I did not know that they raised the min salary to 35,000. It seems they want to close doors. Coupled with EU situation, it makes it hard to think about being in UK


Although I prefer Oiln, it seems it is too expensive for you. Also, H1B visa is an issue now. So I vote for Canada. I would choose to secure place to work in for 2-3 years. In all cases you need to work hard to network and secure offers.

Good luck
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35000 GBP is not that much. If after your MBA you can't even secure a job that pays 35000 GBP then there must be something wrong with your MBA. I wouldn't rule out UK just because of that. This increase in salary impacts more for fresh graduates without any work exp.
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From what I understood, if you went to Olin, you'd live in Missouri? I don't think you can compare that to Montreal... I'd also like to add that Montreal has abnormally cheap housing costs for a big city and it's an amazing city. Sadly the McGill MBA pre-arranged financing is only available to Canadian citizens and permanent residents.

I've also lived in manchester and that could be fun too.
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@Mo2men..I agree with you on the fact that McGill would be the safest bet considering Canada's welcoming policies for international students. However, I have to fund a part of tuition fees as well as the entire living costs if I choose McGill and that would be a tough ask!!! Olin, albeit a lot costlier, seems feasible since I have the option to fund my entire tuition fees from Olin's loan for international students. I admit that I have to repay it @10% interest rate but at least I won't have to shell out the expenses from my own pocket at this moment.

@greenzie..You're bang on saying that the min threshold salary for securing Tier 2 in UK is way less than the avg salary of a Manchester MBA graduate but I think I am feeling jittery because of a host of other policies adopted by the UK govt, for eg, introducing a mandatory English test for dependents, introducing a Regional Labor market Test (RLMT) for students seeking employment in the UK and introducing higher fees for companies that intend to sponsor non-EU candidates for Tier 2 visa. Of course, one can argue that English test would not be an issue for my well educated wife, MBAs are exempt from RLMT and companies won't refrain from sponsoring candidates because of a hike to the tune of 1000 GBP a year but all these policies do not quite augur well for an individual going to UK from a non-EU nation. These policies give an impression that UK wants to retain the very best only and that's absolutely plausible but there's a feeling among us (especially Indians) that the UKBA is going overboard. So I am feeling a little less secured about Manchester right now. It was my top option at the beginning and I have paid an initial deposit of 2000 GBP as well but now I am giving it a second thought.

@WayneHam...I won't compare St. Louis with Montreal or Manchester. Montreal still is the financial powerhouse of Canada and it's a beautiful city to live in. Manchester is a nice place to stay as well. St. Louis is a student city. I'm not contemplating on spending my rest of the life in Missouri. To be honest, the place of study matters less to me than the brand of the school and career outcomes. I considered Olin ahead of McGill purely on the basis of my financial resources.
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Congratulations for Olin.

i wish you successful MBA journey.
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Would choose Canada
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hey guys,

I need some input from your side to decide on my MBA school.
I have admission offers:-
1. Alliance Manchester Business School with no scholarship in the UK.
My prodigy loan application is in progress for 43000 GBP.

2. Washu Olin MBA with a scholarship of 75000$ in the USA.
I will be taking loan from college for the rest amount ie 44000$

My priority is to get placement because I cannot go back to India after completing my degree.
I have 7 years of work ex and currently in the USA on H4 visa. I am an Indian citizen.

As per my calculation, the overall difference between my loan amount would be around 10 lakh INR which is no big difference.
Please help me out to decide which would be the best for me to get placed in a reputed firm and I can easily get my visa sponsorship.

Thanks
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hey guys,

I need some input from your side to decide on my MBA school.
I have admission offers:-
1. Alliance Manchester Business School with no scholarship in the UK.
My prodigy loan application is in progress for 43000 GBP.

2. Washu Olin MBA with a scholarship of 75000$ in the USA.
I will be taking loan from college for the rest amount ie 44000$

My priority is to get placement because I cannot go back to India after completing my degree.
I have 7 years of work ex and currently in the USA on H4 visa. I am an Indian citizen.

As per my calculation, the overall difference between my loan amount would be around 10 lakh INR which is no big difference.
Please help me out to decide which would be the best for me to get placed in a reputed firm and I can easily get my visa sponsorship.

Thanks


OLIN!
OLIN!
OLIN!

I see all the fuss around H1b and I too will be matriculating this year with some degree of uncertainty. But hell, OLIN is an outstanding school.
See, no one can guarantee that H1B of the UK E-visa post your MBA. Whatever happens, you will still have an OLIN MBA and a much better change of securing an H1B if you get into a great company. By going to Olin, you are giving yourself a great chance to do that.

All the best :cool: :thumbup: