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aayushpoonia93
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aayushpoonia93:

Regarding your first point, that is definitely one way to calculate ROI. As noted, as long as you have firm data about your prospective post-MBA earnings vs. your non-MBA earnings, you can calculate ROI in that way. The argument holds if you're only using income as a metric for "return."

Regarding benchmarking Schulich, there are actually a few older posts that cover this topic. I recommend you read up on them to get smart. Hope that helps!

https://gmatclub.com/forum/how-to-pick- ... 11899.html
https://gmatclub.com/forum/best-busines ... 47485.html

You should also attend any admitted student welcome events/seminars to learn more from current students and potentially alumni.
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aayushpoonia93
I have got an admit from Schulich without a scholarship.
GMAT Score: 680
Work Experience: 7 yrs
Function: Data management and Analytics (Latentview, HSBC, JLL)

I need help to make my decision of whether to enrol in the program.
1. My primary concern is the cost of attending the program without a scholarship. Researching the ROI, I came across articles that mentioned that it takes 6 years to recover the cost which was concerning for me.
2. I also wanted to understand the prestige of the program within Canada and outside. I can't see it on ranking FT and thus was a bit concerned if the school has fallen from the grace now.
Any help would be greatly appreciated!

NOTE: I am toggling between a couple of career choices - Strategy Consulting & Analytics Consulting - that I was hoping to figure out at the school.

Hello aayushpoonia93,

Schulich is a very competitive admit (both within and outside of Canada) and Canada is a highly desirable geography when it comes to international students. Considering you will be targetting consulting roles, there is merit in so far as being in Toronto goes.

There are always some risks when it comes to a foreign geography and one can never really say how fast the loan payback process is going to be. It is best to just go out there with a positive mindset and perform!

All the best!
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I just received a word of acceptance from Imperial as well. It ranks high on most ranking systems, but the initial concern that I am hearing is that the UK job market is saturated and also not great in all sectors except fintech. Would Canada still be a better option or does Imperial rank very high that I should not ignore the opportunity?
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aayushpoonia93:

Not sure about your point about the UK market being saturated. Plus, you're talking about a 2-year MBA programs and a lot can change economically in that period of time. If you want to be in the UK post-graduation (regardless of current conditions) you should get your degree there.

Also, we can't validate your point about fintech. The UK is a huge market. To say that it's only good in one sector feels inaccurate. Everyone major corporation/consulting firm (a focus for you as noted above) has a large office in London. I doubt you will feel constrained by all of these factors you mentioned.

Congrats on Imperial. Hope that helps!
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