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MBAWannaBe13
![[Need second opinions] R1 SOM (no $) or Anderson ($$) for PM/ Tech](/forum/styles/gmatclub_light/imageset/icon_post_target_unread.svg "[Need second opinions] R1 SOM (no $) or Anderson ($$) for PM/ Tech"){kind=icon}
08 Jan 2022, 09:03
Kudos
Bookmarks
Hey everyone,
I have been incredibly fortunate to know I got into these 2 schools of my top choice in R1. Although I have asked a few students/ alumni and done my own reflection, would like to hear your opinions on this.
So I managed to got into both schools, and Anderson is giving me half tuition fee fellowship/ scholarship.
I am negotiating for more from SOM but I have not heard back from them (I doubt they will give a lot if any).
Background
International from Asia, 3 years in PM role upon matriculation, aiming to land a PM job in EdTech or big tech post-MBA (pivot industry & location). Long-term plan to start my own tech startup back in Asia. I have a technical scope in my current role and had a little bit of my UG experience in software.
I don't know how specific jobs can be in the US, but I am relatively okay to be in Product/ Tech Operations and PMM as well.
Yale
Pros
Cons
Anderson
Pros
Cons
I have been incredibly fortunate to know I got into these 2 schools of my top choice in R1. Although I have asked a few students/ alumni and done my own reflection, would like to hear your opinions on this.
So I managed to got into both schools, and Anderson is giving me half tuition fee fellowship/ scholarship.
I am negotiating for more from SOM but I have not heard back from them (I doubt they will give a lot if any).
Background
International from Asia, 3 years in PM role upon matriculation, aiming to land a PM job in EdTech or big tech post-MBA (pivot industry & location). Long-term plan to start my own tech startup back in Asia. I have a technical scope in my current role and had a little bit of my UG experience in software.
I don't know how specific jobs can be in the US, but I am relatively okay to be in Product/ Tech Operations and PMM as well.
Yale
Pros
- I want to try experiencing Fall & Winter seasons
I find the students & alumni have been super helpful even before my admission
I like the overall programming & chances to enroll in Econs and other humanities-related classes
A higher median post-MBA salary in tech, so I might be able to cover for the fellowship in 3-4 years
Rare to have Yale grads back in Asia, so it is relatively more prestigious
Strong international network with other business schools (looking to take some online courses)
Diversity of the class & background (slightly more diverse than Anderson)
Cons
- No aid (although with higher median salary, I should be able to cover this in a few years)
Located in East Coast where the tech scene might not be as happening as LA, so might not be as easy to land an internship outside of the regular companies (although an alumni did mention otherwise, considering online recruitment situation now)
Employment stats: 10% tech + 9.6% e-commerce (12.9% lower than 32.5% for Anderson's tech + commerce)
Anderson
Pros
- Mainly the aid
West coast (there was an anecdotal story of how a student was able to get an internship from cold-calling & being physically located in LA)
I heard about how Parker Career Centre has an amazing program for International students
Lots of good Asian food (I love Asian food if I am super stressed out)
People seem to generally know about LA & California around the world
Anderson seems to have a very good Entrepreneurship program
Cons
- I come from a country with hot & humid weather, so I want to try dry & cold weather instead
There are more UCLA UG & MBA grads in Asia, so the brand might not be as prestigious as Yale
09 Jan 2022, 16:35
Kudos
Bookmarks
Congratulations on your admits! That's a great result!
I am sure it would have been a much easier choice had Anderson not offered that Aid
How is your background? Do you have strong brands on your resume like a company that would be recognized in the US or Europe or in Asia? If not, I would forego the Anderson money and focus on perhaps getting Yale to match some of the scholarship. Getting a Yale name would be strong for your short and long term needs. At the same time if you have worked for a Big4, Microsoft, or someone that big, it is not as critical to get the Top 10 MBA and that may be helpful in saving some money so you don't have to pay an extra 80K in student loans and can start your own thing sooner. At the same time, I have to say, I have not heard of international MBA students struggling with their loans.
One other argument for Yale would be that while you may get the 80K in Anderson, it is not about how much money you get or earn but rather how much you save. All it takes is buying that 100K Tesla and you have equaled out your position vs. buying a Leaf out of Yale. All it takes is one fancy car to trade a Top 10 Ivy League experience 🤷♀️
P.S. For every cold-calling success story, there are 10 or 100 failures. It is easy to find jobs these days and more companies are struggling to hire the right candidates.
I am sure it would have been a much easier choice had Anderson not offered that Aid
How is your background? Do you have strong brands on your resume like a company that would be recognized in the US or Europe or in Asia? If not, I would forego the Anderson money and focus on perhaps getting Yale to match some of the scholarship. Getting a Yale name would be strong for your short and long term needs. At the same time if you have worked for a Big4, Microsoft, or someone that big, it is not as critical to get the Top 10 MBA and that may be helpful in saving some money so you don't have to pay an extra 80K in student loans and can start your own thing sooner. At the same time, I have to say, I have not heard of international MBA students struggling with their loans.
One other argument for Yale would be that while you may get the 80K in Anderson, it is not about how much money you get or earn but rather how much you save. All it takes is buying that 100K Tesla and you have equaled out your position vs. buying a Leaf out of Yale. All it takes is one fancy car to trade a Top 10 Ivy League experience 🤷♀️
P.S. For every cold-calling success story, there are 10 or 100 failures. It is easy to find jobs these days and more companies are struggling to hire the right candidates.
MBAWannaBe13
09 Jan 2022, 17:33
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bb
Hi bb!
Very insightful questions. I shouldn't have omitted my background when putting this poll here.
Background:
A Product Manager/ Tech Product Manager (changed scope a lot in the company due to frequent changing business needs) in a major e-commerce player in Southeast Asia + Taiwan & expanding to Latin America and Europe.
ST goal: break into EdTech and work in the US for 3-5 years
LT goal: Go back to Southeast Asia to start my own venture
In terms recognition in Asia, the company is pretty well-known itself.
However, the reason why I want to pursue MBA is to pivot into EdTech in the US (and hack it, rather than going through other slower routes like breaking into Edtech in Asia & then go to US).
In terms of ST goal, after talking to a few students/ alumni, I do think that most big tech & tech companies are pretty agnostic, so Anderson makes more sense.
In terms of LT goal, after a bit more research on the alumni from my country, I do think Yale would serve a better investment back home if I end up continuing my LT goal after 3-5 years in the US.
And I agree with the 80K differences as well. I do think which decision I take will help to reduce the risk for my ST & LT goals, and the cost to manage that risk will be very small if I depreciate it over a long period.
Posted from my mobile device
