Aakashsharma1
Yes, we did. It was a very tough decision and was made even harder after seeing responses to this post contrary to our expectations but after much debate we have zeroed on UNC Kenan-Flagler since we don’t have to pay anything and I only have three years left on my h1b visa. If I had about 5 or so years left, then probably I would have considered going to Darden. We also visited the schools and found people at Kenan-Flagler and Rotman really great to talk to; Darden was also good but our experience at the other two was definitely better.
For now, the plan is to move to Canada after exhausting our H1B visa time in the US. Rotman was really great but we felt Canadian market is much smaller than US and as someone in an earlier post suggested that we can always move to Canada after US experience, so we might end up doing that.
We think Kenan-Flagler is a safe and the best decision for us; even if the economy tanks or the immigration policies are no longer conducive to working here, we won’t have to worry about a $70k-80k loan (for darden).
Thanks a lot everyone for your help!
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Aakashsharma1I’m sorry but it just makes zero sense to me how you didn’t choose Rotman, especially if you plan to settle down in Canada in the long term!
First, in terms of earning potential, even if you earn better after graduating from US schools, you’ll be living in the US and things are more expensive there, of course you’ll need to earn more! In Canada everything is already paid for; you don’t have to pay much except for food and a house. Your health care, school for children and many other expenses are basically free in Canada!! Moreover, the fact that you received 75% tuition from Rotman (obviously you’re really smart) will mean that you have to worry even less about money in Canada!
Second, if you plan to go to Canada after a few years of working in the US, your PR process will be harder, since you’ll have to do Business Stream or Entrepreneurship stream. Entrepreneurship stream will require you to have a business of your own, which I doubt will be possible since you’re an Indian living in the US. If you hope that a Canadian company in the US will sponsor you, there are not many companies like that, and if there were, there would be more competition from all international students. Your immigration plan to Canada will be very difficult to succeed.
Third, if you plan to live in Canada in the long term, it’ll be better for you to start making connections in Canada! The network of Rotman is HUGE. They’ll be more likely to help someone from their own school (which also happens to be the top school/ one of the top schools in Canada) rather than someone from the US from some school. Moreover, I doubt if there are a lot of UNC (or even Darden, for that matter) alumni in Canada. I also doubt if people here have even heard of UNC or Darden, but University of Toronto (Rotman) is very well known.
Fourth, the H1B is also very sporadic - lottery is still lottery no matter how smart or how desirable you are to the companies, you still have to face a tough ratio. You also already have a family and might plan to have kids (schools in Canada are free by the way), so I think it’ll be tough to uproot the whole family to move somewhere/ live in uncertainty for the foreseeable future. I’m not sure what h1b is like for your spouses, but the PR process in Canada is really favorable to families - you only need one person to be employed and to sponsor the other, let alone you have two very capable smart people who are you and your wife! Your prospects for great opportunities both in terms of jobs and immigration are much better in Canada. And the thing is MBA is already the highest education that can sponsor your immigration, both in US and Canada. If you want to study again to go through another lottery again (in the US) or to be considered for PR (in Canada), then it’ll have to be PhD, or medical school, or law school, which can get heavy and cumbersome.
Anyways, it’s just baffling to me that you’d choose any one of the US schools - UNC and Darden - over Rotman, especially given your objective and circumstance....