Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Apr 2310:00 AM EDT
-10:30 AM EDT
Admissions committees evaluate the GMAT/GRE in context — your background, your representation in the applicant pool, the strength of everything else in your file. The same score works for one candidate and falls short for another with identical numbers.
Apr 2312:00 PM PDT
-01:00 PM PDT
Inquire for a free profile evaluation and guarantee statement for possible admits and scholarships!
Apr 2408:30 PM IST
-09:30 PM IST
Join us for a Live Coffee chat with Jenifer Turtschanow where we talk about enhancing your MBA profile and fixing gaps in just 4 months.
Apr 2511:00 AM EDT
-01:00 PM EDT
Looking to secure a coveted spot at a top business school? Our team of seasoned MBA admissions consultants, including top B schools alumni and industry leaders, is here to help turn your dreams into reality. Let’s kick-start your journey to success!
04 May 2013, 03:34
Kudos
Bookmarks
Hello,
I am in a bit of a bind here. I have been offered a scholarship with 60K scholarship towards my tuition at Cox (BW ranking -29, Average starting salary 87K, Placement: b/w 70-80% 3 months after graduation) at the same time my admit from McCombs (BW ranking -17, Average starting salary 98K, Placement: 95% 3 months after graduation) has no scholarship.
A little background here, I am an international applicant in my early 30s looking for an operations/strategy role in Oil and Gas. My backup plan is to pursue a consulting role at Deloitte, PWC or E&Y. Post-MBA I do not mind staying in Texas.
Now, I did not get to attend preview weekend at McCombs however I was impressed by my future classmates at Cox. However, the GMAT average at Cox (640) is much lesser than McCombs (690). I feel my classmates at McCombs would be of a higher caliber and I could learn from them vs an average experience at Cox. Also, when it comes to case interviews I think I would be better prepared at McCombs vs Cox because McCombs is a feeder school for Deloitte and a lot of my classmates would be preparing for a role in consulting. However, some of my friends disagree. They say I have much better chance to shine and be noticed at Cox by recruiters than be just average in large class at McCombs.
However, in spite of all these positives, I am looking to take a 95K loan with 14% interest from a foreign bank if I end up going to McCombs. My payments post MBA will be anywhere b/w 1500-2000$ per month, which is a substantial amount. Given my post-MBA goals I am not sure if such a substantial investment is worth it at this point in my life and career. My last option is to forgo both schools and apply next year to M7 schools but not sure if I should wait given my age. Please give me your insights and thanks for reading, much appreciated!
I am in a bit of a bind here. I have been offered a scholarship with 60K scholarship towards my tuition at Cox (BW ranking -29, Average starting salary 87K, Placement: b/w 70-80% 3 months after graduation) at the same time my admit from McCombs (BW ranking -17, Average starting salary 98K, Placement: 95% 3 months after graduation) has no scholarship.
A little background here, I am an international applicant in my early 30s looking for an operations/strategy role in Oil and Gas. My backup plan is to pursue a consulting role at Deloitte, PWC or E&Y. Post-MBA I do not mind staying in Texas.
Now, I did not get to attend preview weekend at McCombs however I was impressed by my future classmates at Cox. However, the GMAT average at Cox (640) is much lesser than McCombs (690). I feel my classmates at McCombs would be of a higher caliber and I could learn from them vs an average experience at Cox. Also, when it comes to case interviews I think I would be better prepared at McCombs vs Cox because McCombs is a feeder school for Deloitte and a lot of my classmates would be preparing for a role in consulting. However, some of my friends disagree. They say I have much better chance to shine and be noticed at Cox by recruiters than be just average in large class at McCombs.
However, in spite of all these positives, I am looking to take a 95K loan with 14% interest from a foreign bank if I end up going to McCombs. My payments post MBA will be anywhere b/w 1500-2000$ per month, which is a substantial amount. Given my post-MBA goals I am not sure if such a substantial investment is worth it at this point in my life and career. My last option is to forgo both schools and apply next year to M7 schools but not sure if I should wait given my age. Please give me your insights and thanks for reading, much appreciated!
codytravers
Joined: 06 Jun 2011
Last visit: 09 Oct 2016
Posts: 149
Own Kudos:
Given Kudos: 25
Concentration: Entrepreneurship, Marketing
Schools: Anderson '15 (M$)
GMAT 1: 730 Q48 V42
GPA: 3.5
Products:
04 May 2013, 13:28
Kudos
Bookmarks
If you don't mind living in dallas after school, choose smu. Great network and you will have ample opportunities in oil and gas. Not to mention paying for mccombs sounds insane because of that interest rate. I believe mccombs is also highly regional but would give you more options to work in other parts of tx like houston and Austin.
Updated on: 04 May 2013, 13:35
Originally posted by TonyMontana896 on 04 May 2013, 13:32.
Last edited by TonyMontana896 on 04 May 2013, 13:35, edited 1 time in total.
Last edited by TonyMontana896 on 04 May 2013, 13:35, edited 1 time in total.
Kudos
Bookmarks
Personally I feel that McCombs is a significant step above Cox and that it would be worth it to go to McCombs no matter the cost difference. Especially if your goal is consulting. US News ranks Cox 52nd. UT is a top 20 program.
What your friend told you about shining at Cox seems like a poor reason to go there. Once at Texas it will be about going to the networking events and company presentations, because that is what gets you on the closed interview lists. I went to McCombs preview weekend, and spoke with a bunch of people who got offers from Deloitte, they said its not hard to get an interview if you just show up to the events. Once you have an interview, it's on you to ace the cases, and that is what gets you the offer. The GCG at McCombs is very good and they will really help you prepare for the interviews. You will get a better education, be surrounded by higher caliber students, and have much better job opportunities out of UT I can assure you that.
Lastly, only 52% of Cox grads are employed at graduation, vs over 80% at UT. Even 3 months after graduation only 76% of Cox grads are employed. A quarter of the class still unemployed 3 months out is a huge deal in my mind.
BTW, if you want, you can edit the post and add in a poll by scrolling down. Just type in Cox and McCombs on separate lines.
What your friend told you about shining at Cox seems like a poor reason to go there. Once at Texas it will be about going to the networking events and company presentations, because that is what gets you on the closed interview lists. I went to McCombs preview weekend, and spoke with a bunch of people who got offers from Deloitte, they said its not hard to get an interview if you just show up to the events. Once you have an interview, it's on you to ace the cases, and that is what gets you the offer. The GCG at McCombs is very good and they will really help you prepare for the interviews. You will get a better education, be surrounded by higher caliber students, and have much better job opportunities out of UT I can assure you that.
Lastly, only 52% of Cox grads are employed at graduation, vs over 80% at UT. Even 3 months after graduation only 76% of Cox grads are employed. A quarter of the class still unemployed 3 months out is a huge deal in my mind.
BTW, if you want, you can edit the post and add in a poll by scrolling down. Just type in Cox and McCombs on separate lines.
