Dear GMAT Club community,
I would like to ask you all for your thoughts on the decision I am currently facing, between Stanford MSx, MIT Sloan Fellows, and Cambridge Judge MBA. I’m American, male, 31, 740 GMAT, coming to the end of a 7 year social enterprise / non-profit project in China. I am using business school to help transition from my previous project into the next chapter of my career. I plan on being based in the UK for the long-term for family reasons, and I’m interested in the intersection of China, social impact, and technology. Potentially going into impact investment, micro-finance, clean meat, something along those lines, though I do not yet have a short-list or specific target for my post-MBA job (have the next 6 months to focus on answering this question). I have an entrepreneurial background but I’m not looking to jump back into entrepreneurship, at least not immediately.
I’m faced with a decision between 3 one-year programs: the Stanford MSx, MIT Sloan Fellows and Cambridge Judge MBA. I’ve received a ~60% scholarship offer from Judge, which is a less expensive program to begin with, so the difference in tuition between Judge and the others comes out to over $100,000.
I’ve read a number of other posts on the forum about these choices. Stanford GSB’s premium is rated highly across the board, but it seems that is diluted in the less elite MSx program. The MIT Sloan Fellows seems like less of a compromise over the Sloan 2-year MBA (versus GSB MSx vs GSB MBA), but Sloan isn’t quite GSB. And Judge is not rated as highly, but if I’m looking for a career in the UK specifically and have the opportunity to vastly diminish debt coming out of the program, it seems still worth considering. I’d be personally excited to attend all 3 programs.
The MSx and MIT SFMBA are both very much mid-career. I’m less “pausing a career to get a boost” in the style of an EMBA and more using an MBA as a transition from my previous chapter to my next. I also just barely make the experience cut-off for these programs. Does this make the mid-career programs less of a fit for me? I don’t know, but I don’t think so - overall I imagine being surrounded by a more experienced cohort would be a benefit versus a 4-5 year younger cohort of a traditional MBA.
A summary of pros and cons as I see them:
—Stanford MSx—
Pros
* GSB’s nearly unparalleled reputation, network, overall strength
* Strong tech, aligned with what I want to go into next
* One-year program lowers opportunity cost; full 12 month program
* Cohort will be mid-career, closer to me in phase of life
* Strong China connection
Cons
* I’ve heard some negative things about the MSx program which make me feel that the MSx is very much an “also-ran” or secondary program that is not really comparable to the GSB MBA in terms of access, resources, or prestige. Obviously it’s still GSB, but the idea of ‘twice the price for half the degree’ concerns me. Some of the negative coverage (I'm not allowed to post URLs):
* [Stanford MSx (Sloan Fellows) Experience – A Personal Perspective for a Prospective Applicant] (mystanfordmsxexperience dot wordpress dot com)
* [Stanford Misled MBAs On Financial Aid | Poets&Quants] (poetsandquants post "stanford-gsb-misled-students-on-financial-aid")
* Expensive
* Less selective in terms of admit rate, so cohort will perhaps not be as outstanding?
* My partner’s work is a fit for Boston or the UK but not CA. It’s only a year, but geographically Stanford’s location is actually a negative for me. I’m not looking to base myself in Silicon Valley either after MBA or longer term
* Currently don’t know about scholarships or financial aid, so making my decision assuming I don’t get any
* I can’t tell the value of the MSx versus MBA degree in general; MBA seems more 'straightforward', employers won't necessarily know how to value the MSx?
—MIT Sloan Fellows—
Pros
* 1 year program for an MBA from a prestigious institution
* Cohort will be experienced, older, more mature and further along in their careers. Potentially more helpful and more aligned with my phase in life
* Tech and innovation bona fides of MIT, maybe unparalleled outside of Stanford. Helpful for getting a job in tech.
* June to June, so several months longer than a standard European 1-year model.
* Strong recruiting opportunities, pedigree, reputation
* Strong China connection
Cons
* Expensive
* The school is known everywhere, but less of a network in the UK
* More of a research background, focus on hard tech, perhaps less emphasis on the social impact side of the ledger
* Currently don’t know about scholarships or financial aid, so making my decision assuming I don’t get any
—Cambridge Judge—
Pros
* Strong UK network, aligns with my future plans, geographical fit
* Scholarship, makes me feel good and wanted by the school, also much less debt. More chance to be a ‘star’ at the school, really leverage the resources and network.
* Less expensive
* “Silicon Fen” in Cambridge is also tech hub
* Bonus points for Cambridge campus, traditions, etc
Cons
* Not a top 10 school, so less strong in every respect
* Shorter program, only September to May
* Cohort will be younger, higher acceptance means less selective
* Program has less of a China footprint
I’m struggling to make a choice. All of these are R1, and my extended Cambridge deadline is right around the corner after the holidays, so I don’t believe I’ll have a full picture on potential financial aid from the other programs by that deadline. Any advice, thoughts or shared experiences would be welcome!