I am definitely hoping to get some insight from those who are either going through a similar situation or have already attended a full time MBA program! I am currently struggling between the decision to attend either Booth or McCombs. Booth didn't give me any type of scholarship, and McCombs gave me a really good one. In fact, the cost difference is about $40k in tuition alone! For my short term plan, I intend on heading back into the corporate world after studying marketing at either school (Brand Management at McCombs and Strategy at Booth). For the long term though, I ideally want branch off and start my own business after learning a few years from the corporate world, but that of course remains TBD.
Here are my thoughts so far and would love to get your input.
BOOTH:
Pros:
- Top 10 school
- Larger classes / larger alumni network
- Most people end up in the MidWest, Northeast, and West Coast, where I ideally want to be
- I have family nearby
Cons:
- Cost
- I've only ever lived in the MidWest and was hoping to branch out for a few years
- I don't have any interest in the financial area where Booth has a huge focus in that sector
- I generally thrive better in a smaller class environment
MCCOMBS:
Pros:
- Outside of the MidWest
- Scholarship given PLUS I am automatically accepted in to the Texas Venture Labs program where I can get hands on entrepreneurship experience and a direct working relationship with Accenture partners.
- Smaller class sizes and therefore more personalized student/professor interaction
Cons:
- Ranked 17th
- Not a "top tier" school
- Let's be honest...it's really hot there.
- Most people after graduation stay in the Southwest - not where I want to end up.
Thanks for your input!