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applicante2024
Joined: 09 Feb 2024
Last visit: 15 May 2024
Posts: 4
Location: India
Schools: INSEAD Jan'25 intake (I)
GMAT 1: 770 Q48 V51
GPA: 3.2
22 Mar 2024, 07:29
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Hello,
I recently got into Mannheim and Saint Gallen for the full time MBA program, and am confused about where to go.
I’m aware that Saint Gallen is more expensive, but that is not a primary consideration, and a scholarship may be at play.
About me
Indian, 28 years old (Non EU resident)
Non German speaker (plan to learn upto A2/B1 by the time I land, and then move up to B2/C1 by the time I graduate)
5 years of work ex at an Indian startup (focussed on insurance process automation)
In case this is relevant: GMAT 770 (old format), undergraduate in Economics from the USA, Native English fluency ( Toefl 115, US undergrad etc)
Professionally, I’m open to roles in tech, industry, consulting and finance
Correct me if I’m’m wrong, but I believe-
1. According to their employment reports, both schools have similar placement rates of 90-95%, and similar starting salaries
( 110k for Mannheim vs 120k for Saint Gallen (both USD), but starting out, you make around 60-70% more after Saint Gallen because of lower taxes, so that makes up for the Swiss cost of living and then some. Over time, the gap in taxes becomes smaller)
2. Both have excellent reputations, but ones largely confined to DACH.
In particular, I’d like to know
May be relevant-
I recently got into Mannheim and Saint Gallen for the full time MBA program, and am confused about where to go.
I’m aware that Saint Gallen is more expensive, but that is not a primary consideration, and a scholarship may be at play.
About me
Indian, 28 years old (Non EU resident)
Non German speaker (plan to learn upto A2/B1 by the time I land, and then move up to B2/C1 by the time I graduate)
5 years of work ex at an Indian startup (focussed on insurance process automation)
In case this is relevant: GMAT 770 (old format), undergraduate in Economics from the USA, Native English fluency ( Toefl 115, US undergrad etc)
Professionally, I’m open to roles in tech, industry, consulting and finance
Correct me if I’m’m wrong, but I believe-
1. According to their employment reports, both schools have similar placement rates of 90-95%, and similar starting salaries
( 110k for Mannheim vs 120k for Saint Gallen (both USD), but starting out, you make around 60-70% more after Saint Gallen because of lower taxes, so that makes up for the Swiss cost of living and then some. Over time, the gap in taxes becomes smaller)
2. Both have excellent reputations, but ones largely confined to DACH.
In particular, I’d like to know
- In which country is German more of a professional necessity? Also, is German more of a professional necessity in certain sectors?
- Which one is more likely to lead to a role before placement?
- Which one is considered more “prestigious” in DACH?(this could come in handy for the rest of my career, if I ever get laid off/plan to switch etc)
- Are there any differences in work life balance between the two countries?
- Are Swiss employers generally more reluctant to hire non efta candidates than German companies? (If true, is this because of the labour market study requirement? Or is there something else at play?)
May be relevant-
- Germany provides an 18 month job seeker visa, vs 6 months for Switzerland
- Switzerland recently abolished the labour market study requirement for non EFTA nationals in consulting and finance, managers in information/ communication/technology and medical/pharmaceutical roles, and a lot of general industry (tried posting links to reports but blocked because not enough posts). Germany has not needed any for as long as I can recall.
23 Mar 2024, 05:20
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applicante2024
Not sure about this, but I have always believed Germany would be a better spot for Indian students who'd be seeking employment opportunities. Also, you might want to consider the higher cost of living in Switzerland as compared to Germany. Hope this helps!
Archit3110
Major Poster
23 Mar 2024, 21:49
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With your score try HBS, YALE SOM.. between the option you mentioned choose one which is aligned with your long term career goals
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Posted from my mobile device
