SteliosXas wrote:
Hi all,
I am a 25 year old European and I am lucky enough to have been admitted to both schools. I am writing this post in order to ask for your help in choosing between the two schools.
In regards to my background, I worked for 2 years in a big four and 2 years in industry in auditing/accounting roles. Personally, my goals on career and location can be adjusted based on the school that I choose.
The two schools have the following pros and cons:
Tuck:
Pros:
-Better MBA culture since it is located in the US.
-Located in the US, a place that I would love to live even for 2 years.
-2 year program that is ideal for a younger applicant as myself.
Cons:
-Expensive
-Hard to obtain US visa after
-Not known in Europe
Cambridge:
Pros:
-Cheap
-As a European, I have no issues with visas
-Global recognition of the University even in the US
Cons:
-The program isn't well respected in the MBA community
Thank you very much for your time.
I am looking forward to your feedback.
Kind regards
Stelios
Posted from my mobile device
Hello
SteliosXasYour name seems Greek to me
Congrats on admission to both top schools.
Okay I would agree with your evaluation of Tuck, except why would you care if Tuck is known or not in Europe, since you said you don"t have preference toward location after graduation ?
First of all, Tuck Dartmouth is well known in Europe, not like Cambridge as brand (Cambridge as University, one of oldest and most respected), but that would be omission of Europeans, since their MBA is probably better than Judge's.
I don't believe you will have any problem with Visa, since that will be responsibility of US company who is going to hire you, to sort the papers.
And after Tuck, you will have several offers.
Look from that perspective.
Finally, Tuck is not expensive, if you know the figures, you can expect $170,706 weighted average salary and 110% salary increase.
I would say, you subconsciously think as European and about going back to EU.
Once you are there, in US, if you decide to go, you will change perspective, at least in those two years.
Again, I would agree with your evaluation of Judge pros and disagree with cons, even figures can support my stance, average weighted salary that expect you is $162,143 and 100% salary increase, meaning double compared with what you probably earn now, so much about disrespect in MBA community or whatever.
I can see what is your biggest concern here, Tuck cost around $145,050, Judge (more than) double less $64,435, but we are also talking about 2 year vs. 1 year program, right ?
More important math for you:
Tuck :
Total 5-year MBA gain:$75,900
2016 Salary:$203,000
Years to payback: 3.9
Judge :
Total 5-year MBA gain:$140,000
2016 Salary:$163,000
Years to payback: 2.4
You can see, that higher 5 year gain of Judge option is influenced by higher Tuck fees actually, but in the longer run, you can expect to earn more with Tuck.
Of course that is not the whole picture, US has higher cost of living compared to UK/EU, so all in all, they are maybe approximately the same.
It comes to your decision where do you see yourself rather working and living after graduation ?
If you want different cultural experience go to Tuck.
If you are sure, you want to live in Europe upon graduation, Judge is way to go.
As European myself, I am going to vote for Tuck, seems like more fun to me
Below is comparison of both business schools in terms of various categories by Economist.
In case you wonder, lower figure means better ranked in that category.
Good Luck with decision !
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05 Dec 2018, 16:11
