It is currently 22 Aug 2017, 13:38

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Tepper (no money) vs Paul Merage

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Tepper (no money) vs Paul Merage [#permalink]

Show Tags

New post 16 Apr 2017, 10:14
Tepper (no money) vs Paul Merage (45% scholarship)

Post MBA goal is to be on the west coast in tech or media and entertainment (I'm originally from Southern California)

I know the ranking is off by a lot but is location and money worth the lower ranked school?

I'm also waiting to hear back on waitlist from Marshall. I'm torn because I fail to see the return on investment from Tepper. Tepper would be nearly $165,000 in debt vs roughly $50,000 at Paul Merage.

Thoughts?


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Intern
Intern
avatar
B
Joined: 14 Dec 2015
Posts: 27

Kudos [?]: 11 [0], given: 0

Location: United States
GRE 1: 325 Q157 V168
GPA: 3.62
WE: Account Management (Manufacturing)
Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 16 Apr 2017, 11:40
Tough call for sure. I would go with Tepper though. I have no idea as to how strong a program Meramge is in your desired industry, but CMU is a tech powerhouse

Kudos [?]: 11 [0], given: 0

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 16 Apr 2017, 20:19
.


Sent from my iPhone using GMAT Club Forum

Kudos [?]: 0 [0], given: 0

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 17 Apr 2017, 20:32
hornet2011 wrote:
Tough call for sure. I would go with Tepper though. I have no idea as to how strong a program Meramge is in your desired industry, but CMU is a tech powerhouse


There's a $100k debt difference over the two years. After reviewing the employment stats and salary it seems to be similar. I just wonder how much the name matters down the road.


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Expert Post
Founder
Founder
User avatar
P
Joined: 04 Dec 2002
Posts: 15359

Kudos [?]: 27221 [0], given: 5006

Location: United States (WA)
GMAT 1: 750 Q49 V42
GMAT ToolKit User Premium Member CAT Tests
Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 17 Apr 2017, 22:08
Congrats!
Merage would allow you to stay in So Cal and leverage some of your network there. Now, entertainment is very hard to get into, as you probably know. Merage is not going to help you with scoring a job in this industry (you will have to work the alums and even then it is going to be tough to land an internship or a job) - you will definitely have to work for it.

However, consider the outcomes and your classmates. Merage average salary is $100K and Tepper clocks at $140K. Sure it is more expensive but you will get it back within a few years. My main argument against Merage is that you will be attending a top 50 school in SoCal that already has Anderson and Marshall that are not doing all that amazing with their recruiting. You also throw in there Pepperdine and Loyola and you have a lot of MBA's chasing good jobs.

I don't think Tepper is going to be extra helpful in landing you a Media/Entertainment job but it sure will provide some back up alternatives and the caliber of classmates will be much greater - that's a big plus. You will spend a ton of time with them; they will be your network, and you are not just attending a school that has a certain ranking - the ranking mostly applies towards the applicants/students. I would suggest considering Tepper's offer seriously. Some people pay 4-10x more for a business class seat on an 8-hour flight. You have 2 years to go; not that much of a premium for going to a top 20 school.
_________________

Founder of GMAT Club

GMAT Club's Special offer for Student Loans only through Aug 31 - New!
Just starting out with GMAT? Start here... or use our Daily Study Plan


Co-author of the GMAT Club tests

Kudos [?]: 27221 [0], given: 5006

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 17 Apr 2017, 22:15
bb wrote:
Congrats!
Merage would allow you to stay in So Cal and leverage some of your network there. Now, entertainment is very hard to get into, as you probably know. Merage is not going to help you with scoring a job in this industry (you will have to work the alums and even then it is going to be tough to land an internship or a job) - you will definitely have to work for it.

However, consider the outcomes and your classmates. Merage average salary is $100K and Tepper clocks at $140K. Sure it is more expensive but you will get it back within a few years. My main argument against Merage is that you will be attending a top 50 school in SoCal that already has Anderson and Marshall that are not doing all that amazing with their recruiting. You also throw in there Pepperdine and Loyola and you have a lot of MBA's chasing good jobs.

I don't think Tepper is going to be extra helpful in landing you a Media/Entertainment job but it sure will provide some back up alternatives and the caliber of classmates will be much greater - that's a big plus. You will spend a ton of time with them; they will be your network, and you are not just attending a school that has a certain ranking - the ranking mostly applies towards the applicants/students. I would suggest considering Tepper's offer seriously. Some people pay 4-10x more for a business class seat on an 8-hour flight. You have 2 years to go; not that much of a premium for going to a top 20 school.


Thanks for your detailed input. Where do you see the 140k average for tepper? I thought itwas 117k


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Expert Post
Founder
Founder
User avatar
P
Joined: 04 Dec 2002
Posts: 15359

Kudos [?]: 27221 [0], given: 5006

Location: United States (WA)
GMAT 1: 750 Q49 V42
GMAT ToolKit User Premium Member CAT Tests
Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 17 Apr 2017, 22:31
I saw it in the US News rankings but they combine bonus + salary in one figure and it was 140K for Tepper. You are correct that it is $117 without bonus. This represents a 20% bonus, which is typical for a mid-level manager (e.g. Sr. Manager/Director approximately though this position/level may be very different in different orgs)

For Merage the salary alone is $96K and salary+bonus is $102, indicating that Merage has a 5-7% bonus, indicative of a lower-grade positions that tend to carry smaller bonuses or a different type of work that has less performance-based incentives.
_________________

Founder of GMAT Club

GMAT Club's Special offer for Student Loans only through Aug 31 - New!
Just starting out with GMAT? Start here... or use our Daily Study Plan


Co-author of the GMAT Club tests

Kudos [?]: 27221 [0], given: 5006

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 19 Apr 2017, 11:35
bb wrote:
I saw it in the US News rankings but they combine bonus + salary in one figure and it was 140K for Tepper. You are correct that it is $117 without bonus. This represents a 20% bonus, which is typical for a mid-level manager (e.g. Sr. Manager/Director approximately though this position/level may be very different in different orgs)

For Merage the salary alone is $96K and salary+bonus is $102, indicating that Merage has a 5-7% bonus, indicative of a lower-grade positions that tend to carry smaller bonuses or a different type of work that has less performance-based incentives.


Gotcha. That makes sense.

What is your opinion on Tepper vs USC? USC recently increased in rank, but their rank seems to be very volatile and the program has some issues with recruiting and curriculum it seems.


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 20 Apr 2017, 08:40
bb wrote:
I saw it in the US News rankings but they combine bonus + salary in one figure and it was 140K for Tepper. You are correct that it is $117 without bonus. This represents a 20% bonus, which is typical for a mid-level manager (e.g. Sr. Manager/Director approximately though this position/level may be very different in different orgs)

For Merage the salary alone is $96K and salary+bonus is $102, indicating that Merage has a 5-7% bonus, indicative of a lower-grade positions that tend to carry smaller bonuses or a different type of work that has less performance-based incentives.


Also do you have any insight on Ohio states Fisher MBA program? I just got admitted there as well and thought I would throw that in the mix.


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Expert Post
Founder
Founder
User avatar
P
Joined: 04 Dec 2002
Posts: 15359

Kudos [?]: 27221 [0], given: 5006

Location: United States (WA)
GMAT 1: 750 Q49 V42
GMAT ToolKit User Premium Member CAT Tests
Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 20 Apr 2017, 09:13
No scholarship?


Sent from my iPhone using GMAT Club Forum
_________________

Founder of GMAT Club

GMAT Club's Special offer for Student Loans only through Aug 31 - New!
Just starting out with GMAT? Start here... or use our Daily Study Plan


Co-author of the GMAT Club tests

Kudos [?]: 27221 [0], given: 5006

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 20 Apr 2017, 10:14
bb wrote:
No scholarship?


Sent from my iPhone using GMAT Club Forum


They said they would get back to me about that soon.


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Intern
Intern
avatar
B
Joined: 21 Nov 2016
Posts: 33

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship) [#permalink]

Show Tags

New post 01 May 2017, 08:36
bb wrote:
No scholarship?


Sent from my iPhone using GMAT Club Forum


I got 50% with a small stipend each month


Sent from my iPhone using GMAT Club Forum mobile app

Kudos [?]: 0 [0], given: 0

Re: Tepper (no money) vs Paul Merage (45% scholarship)   [#permalink] 01 May 2017, 08:36
    Similar topics Author Replies Last post
Similar
Topics:
5 Experts publish their posts in the topic UCI Paul Merage or UofM Carlson(Same costs) tarunk31 5 26 May 2017, 12:31
2 Experts publish their posts in the topic CMU Tepper (no money) vs OSU Fisher ($$$$) pipark11 6 07 May 2017, 09:49
Katz Vs Merage deeta 0 19 Mar 2016, 23:27
Experts publish their posts in the topic Urgent Advice : Merage(\$$) vs MArshall (\$$) AvgIndianGuy 10 27 Feb 2016, 18:22
Tepper FlexMba vs DePaul part-time MBA Cdomin8 1 27 May 2013, 22:37
Display posts from previous: Sort by

Tepper (no money) vs Paul Merage

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  

Moderator: OasisGC



GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.