InTrance95 wrote:
Hi - I'm an accepted Tepper MBA applicant and have also been accepted to a few other programs. I really liked what I saw at Tepper and it would be my top choice, finances non-withstanding. Unfortunately finances will play a large part in my decision-making. I didn't have any problems valuing an MBA vs continuing my current career track, but I'm having difficulty valuing the Tepper program vs other lower-ranked programs. What would be your choice between Tepper at ~70k and say Mendoza or Kelley with full scholarships? Are the programs that different to justify the $$? Any thoughts would be greatly appreciated. Interest is finance - IM/equity research. Thanks!
The consensus with MBA degrees tends to be that the money doesn't really matter so much when you spread it out over your career. Generally, the higher ranked the program, the better off you are. If you want to be more analytical about it, the Financial Times provides some useful comparison tools. Mendoza wasn't on their list, but I gave it a shot with Tepper vs Kelley
https://rankings.ft.com/businessschoolra ... 192|287302. Of course, it's just an average, but after three years Tepper grads make about $20k more a year. Even if you factor in interest, the analysis shows that you make your money back in a few years time.
Again, those numbers are just averages, so you should try to talk to students or alums with similar career interests as you to find out what the opportunities are really like at all the schools.
Good luck!
Good luck!