khagan
My choices, the way I see it, are,
- go to Oxford and get 1 or 2 top tier degrees and enjoy the FT experience
- enroll in INSEAD EMBA, keep my job and make the best of it (although a quick sample of INSEAD EMBAs from LinkedIn do not seem to be doing very well compared to INSEAD FT)
- petition INSEAD to allow me to go full-time (suggestion from someone who had a similar experience although I may still pick Oxford as most older students who get into both schools seem to prefer Oxford FT over INSEAD FT)
- go to neither and re-apply next year to MIT Sloan Fellows (which dinged me this year but is a good fit for me) and LBS (which has a 15 month option and is also a good fit for me) and perhaps Wharton. The other M7 options state-side I think are fairly challenging considering my age and goals, plus the 2 year commitment and visa issues in the US. I can currently work in my home country, the UK or Canada without a problem. But again, no guarantee that I will get into any of the 3 so its a bird in the hand vs. something not even in the bush....
Apologies for the long post but really struggling with the decision and badly in need of some perspective because I've reached 'analysis paralysis'.....
Khagan
Let me offer my humble opinion. I am not an MBA student yet and might not be at all (still thinking) so take it with a pinch of doubt.
You seem to have fantastic work/life experience, I'd feel privileged to study in the class with students like yourself.
EMBA is always thought of as a move for more experienced people who do not want to change their employer. It also often is paid by employer which is why it's so expensive. (BTW What's the ratio of sponsored vs self-funded students at INSEAD EMBA? What would give a clue). The schedule of EMBA usually matches this - you travel regularly for classes but never stay for long on campus.
So the major question here would be: do you want to keep doing what you do now (business, job, whatever)? If yes - EMBA is a better match. If you need a change - probably not.
Also since you mentioned you're a well traveled businessman, EMBA sounds like a better option for you. In a regular MBA program, such as Oxford's, you will be among people who have 3-5 years of experience, often with just one company or the only industry and job function. I dare to assume that most of them wouldn't be even considered mid-manager level. So much so with INSEAD program - I think there is a significant number of people of 24-26 years old.
One other thing - my observation towards the age is - the more work experience you have, the less the brand of your university matters. Yes, Oxford would look great on your CV, but your WE with the top MC would count way more.
Let us know what you choose!