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17 Dec 2024, 19:01
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I'm in the very fortunate position to have been admitted to my top choice schools!
I've worked in finance for the past five years, and post-MBA the two main options I'm considering are: 1) growth equity (slightly earlier stage then what I do now but very similar), or 2) operations / strategy at a start up to medium sized company. I've never explored anything in the second category, so I would love to do an internship pre-mba or during the school year to learn more and understand whether it could be a good long-term fit.
Which school would you choose based on below criteria (+ anything else important that I'm not thinking of!)
- Opportunities to recruit for 1) growth equity, or 2) strategy/operations at anything from start up to small/medium sized business
- Network (I grew up on the east coast and have a light preference to move back here post graduation, but I'm open to either cost)
- I think I would really benefit from the case study method (sat in on some HBS classes and loved them), but I also love the outdoors and everything the west coast offers there (hiking, Yosemite, etc.)
- Class size + feel + vibes
- Booth Polsky center seems amazing
- I will be financing my MBA entirely myself and also help my parents financially. How much should I consider the full ride to booth (includes living stipends) and graduating entirely debt free vs. potentially a lot of debt at GSB/HBS? How does this weigh against the opportunity differences across the schools?
- Financial aid at the GSB and HBS is a total black box. Does anyone know what to expect here with say $200K total comp and $100K in assets?
I've worked in finance for the past five years, and post-MBA the two main options I'm considering are: 1) growth equity (slightly earlier stage then what I do now but very similar), or 2) operations / strategy at a start up to medium sized company. I've never explored anything in the second category, so I would love to do an internship pre-mba or during the school year to learn more and understand whether it could be a good long-term fit.
Which school would you choose based on below criteria (+ anything else important that I'm not thinking of!)
- Opportunities to recruit for 1) growth equity, or 2) strategy/operations at anything from start up to small/medium sized business
- Network (I grew up on the east coast and have a light preference to move back here post graduation, but I'm open to either cost)
- I think I would really benefit from the case study method (sat in on some HBS classes and loved them), but I also love the outdoors and everything the west coast offers there (hiking, Yosemite, etc.)
- Class size + feel + vibes
- Booth Polsky center seems amazing
- I will be financing my MBA entirely myself and also help my parents financially. How much should I consider the full ride to booth (includes living stipends) and graduating entirely debt free vs. potentially a lot of debt at GSB/HBS? How does this weigh against the opportunity differences across the schools?
- Financial aid at the GSB and HBS is a total black box. Does anyone know what to expect here with say $200K total comp and $100K in assets?
17 Dec 2024, 19:26
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Bookmarks
Rule #1 of gmat club - you never talk about GMAT club
Rule #2 if you admitted to Harvard, you go to Harvard. 😂
I’m probably really dating myself with this fight club reference, but haven’t gone through a fair share of these discussions, while I think it’s very appropriate to evaluate opportunities, most people end up airing on the safe side and pick Harvard.
No, in terms of what would be helpful for you potentially in your decision, I would say the two years will be very hectic and busy and you will barely have time to sleep. Wow it would be nice to be close to Yosemite and some other locations, you will only have time to explore them during the winter break or the spring break or some other holiday. After school starts, it’s hard to take long periods of time coming by long I mean a day and a half. At the same time, many of your classmates at any of the schools will be traveling during breaks and long weekends, it may be to Yosemite or maybe to Greece. But ultimately you’ll see a lot of inside of conference rooms, inside of classrooms, inside of dorm rooms.
I think there are definitely unique elements and aspects to Harvard and Stanford that cannot be replicated or matched by each of the programs and that starts with the case method and probably ends with the culture of East Coast versus West Coast. We just had the admitted students weekend on Saturday and we had a student from Harvard and one from Stanford so you had a perfect opportunity potentially to pick their minds. Unfortunately I am not a student at either but my recommendation would be to start networking and reaching out to current students who are may be in their first second year in a similar career path to understand what resources are available and how your experience will be different. I can see Stanford being smaller, the alumni should be much tighter but at the same time smaller means fewer resources, a fewer alumni too, and many of them stay on the West Coast just because it’s so hard to leave the good weather.
In terms of financial aid, we had a post last year that one of the Harvard admits I feel like put together but I’m struggling to find it now. I can tell you from memory that the most important consideration is given to your assets and not so much to your salary, with retirement funds being excluded from the calculation, at least it was last year.
I feel booth with a full ride would be an amazing value. Lots of people here would love to go at the full sticker price and that will be huge savings. However most people when they imagine themselves fast-forward to the future they feel like they’re almost like selling out And potentially depriving themselves of something. I don’t think that’s true but I believe the stats is that something like only 20%-10% end up taking a full ride when admitted to Harvard and Stanford and somewhere else with a full scholarship. Honestly, I don’t think it’s a mistake to make either decision but you just have to be comfortable with it for the rest of your life and most people are not comfortable with choosing the generally perceived to be weaker option and so it’s only the strongest and the most confident 10 to 20% that choose to forgo Harvard or Stanford .
I would recommend continuing your career research and starting to connect with people, this could be current students or alumni. Now that you are admitted, you are in a unique position to be sort of shopping around in a sophisticated and delicate way we are now alumni and students will be trying to convince you and for a very brief short time you’ll have the upper hand in the conversation because they will be trying to get you to do something as opposed to fast forward six months and you’ll be trying to find an internship or get a referral or something else so having a relationship established at this point will be very helpful next summer or the summer after that when you are looking for those important referrals. So I would encourage you not only to connect with students and alumni for the purpose of choosing the school but for a more strategic longer-term purpose. This is something I failed to do because I was just not smart enough and so I hope you can take advantage of the hard earned wisdom.
Rule #2 if you admitted to Harvard, you go to Harvard. 😂
I’m probably really dating myself with this fight club reference, but haven’t gone through a fair share of these discussions, while I think it’s very appropriate to evaluate opportunities, most people end up airing on the safe side and pick Harvard.
No, in terms of what would be helpful for you potentially in your decision, I would say the two years will be very hectic and busy and you will barely have time to sleep. Wow it would be nice to be close to Yosemite and some other locations, you will only have time to explore them during the winter break or the spring break or some other holiday. After school starts, it’s hard to take long periods of time coming by long I mean a day and a half. At the same time, many of your classmates at any of the schools will be traveling during breaks and long weekends, it may be to Yosemite or maybe to Greece. But ultimately you’ll see a lot of inside of conference rooms, inside of classrooms, inside of dorm rooms.
I think there are definitely unique elements and aspects to Harvard and Stanford that cannot be replicated or matched by each of the programs and that starts with the case method and probably ends with the culture of East Coast versus West Coast. We just had the admitted students weekend on Saturday and we had a student from Harvard and one from Stanford so you had a perfect opportunity potentially to pick their minds. Unfortunately I am not a student at either but my recommendation would be to start networking and reaching out to current students who are may be in their first second year in a similar career path to understand what resources are available and how your experience will be different. I can see Stanford being smaller, the alumni should be much tighter but at the same time smaller means fewer resources, a fewer alumni too, and many of them stay on the West Coast just because it’s so hard to leave the good weather.
In terms of financial aid, we had a post last year that one of the Harvard admits I feel like put together but I’m struggling to find it now. I can tell you from memory that the most important consideration is given to your assets and not so much to your salary, with retirement funds being excluded from the calculation, at least it was last year.
I feel booth with a full ride would be an amazing value. Lots of people here would love to go at the full sticker price and that will be huge savings. However most people when they imagine themselves fast-forward to the future they feel like they’re almost like selling out And potentially depriving themselves of something. I don’t think that’s true but I believe the stats is that something like only 20%-10% end up taking a full ride when admitted to Harvard and Stanford and somewhere else with a full scholarship. Honestly, I don’t think it’s a mistake to make either decision but you just have to be comfortable with it for the rest of your life and most people are not comfortable with choosing the generally perceived to be weaker option and so it’s only the strongest and the most confident 10 to 20% that choose to forgo Harvard or Stanford .
I would recommend continuing your career research and starting to connect with people, this could be current students or alumni. Now that you are admitted, you are in a unique position to be sort of shopping around in a sophisticated and delicate way we are now alumni and students will be trying to convince you and for a very brief short time you’ll have the upper hand in the conversation because they will be trying to get you to do something as opposed to fast forward six months and you’ll be trying to find an internship or get a referral or something else so having a relationship established at this point will be very helpful next summer or the summer after that when you are looking for those important referrals. So I would encourage you not only to connect with students and alumni for the purpose of choosing the school but for a more strategic longer-term purpose. This is something I failed to do because I was just not smart enough and so I hope you can take advantage of the hard earned wisdom.
17 Dec 2024, 19:27
Kudos
Bookmarks
lol. Minor thing I missed 😂 congratulations on your hard work paying off and your amazing admits!
