MiM HEC Paris or new MiM at INSEAD ?

Question

Hi everyone, I was just accepted at the MiM at HEC Paris and INSEAD . 
I am a dentist as formation with only 1 year of work experience and want to do the master so that i can be given the managerial bases that I am lacking to both manage family businesses and to pivot career , later in 3/4 years I want to apply to an MBA in US Stanford mainly .
Given the length of the two programmes / insead- 1 year and HEC- 2 years , which do you think its better for me given the whole picture ( the 2year-MBA in 3/4 years) . 
I think that since i want to apply to the MBA maybe a 2 year master is too much , and therefore insead would be the better choice, however the MiM at Insead is new and I am worried with the outcomes .

please give me your opinion !

rtbs15 · Answer

If you definitely want to do an MBA later on I'd say INSEAD, just because of program duration.

If it's a maybe, I'd choose HEC. As much as I love INSEAD, I would not want to be a part of the first class, inevitably there will be a lot of org errors they'll need to refine on.

Lastly, I understand the value of an MBA in terms of salary jump, but from a knowledge perspective there is quite a bit of overlap between MiM and MBA, so you might want to consider staying employed, gather learnings and enter as an "outsider" candidate for an MBA.

Best of luck.

Tiagosantosreis · Answer

rtbs15  having in mind that I am 100% sure to do the MBA at Stanford , if Hec offers the dual degree at Yale , you think that Insead is still the better option ?

rtbs15 · Answer

I'd say it depends on whether you care about money and getting into north of $300k in tuition + living expenses + 4 years of foregoing income, and whether you are using the degrees to run a family business or to pivot your career into something else.

- If you don't care about money do whatever you like
- If you care about money and want to run a family business do one of the two degrees. I'd suggest MiM cause you can transition faster into the business (assuming they let you). If you want to do both, do the shorter, cheaper MiM and save that sweet cash for MBAs ever rising fees
- If you care about money and want to pivot into other industry outside family business you should do INSEAD (lower duration, more WE for MBA application), unless you want to work in the US, then do HEC/Yale

Hope it helps.

Tiagosantosreis · Answer

rtbs15  thank you for your help !! just one question what is WE ?

user123456789 · Answer

I think you need to decide what you want out of further education. If you are just going to learn how to manage a family business, then don’t get an MBA in the US and start working at that family business in some capacity. You don’t need to go to any school if you’re gonna manage your family business. If you’re going to pivot your career, you need to figure out what you want to do and why you’re 100% sure you’ll get into Stanford in 3/4 years with two overlapping masters degrees and one year of dentist experience.

If you’re absolutely sure you’re going to get your mba at Stanford in 3/4 years, then don’t do any degree right now and keep working so you can have some actual years of experience before applying. Don’t worry about MiM degrees if you’re getting an mba in a couple years.

Seems like you need to think a little more about what you want to do and why you want to get more degrees before making any decisions.

Posted from my mobile device

rtbs15 · Answer

Work experience.

MiM HEC Paris or new MiM at INSEAD ?

MiM HEC Paris or new MiM at INSEAD ?

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