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benmussa
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benmussa
Hello all

I'm lost as hell and I need some advice

I'm a 34 yr old business development executive from Libya. I come with 9 years working for Halliburton and one year working for the UN World Food Programme. My experience includes working in Egypt, the U.S., and Libya. GMAT 680 (a little weak on the verbal) and IELTS 8.0. Great EC. I'm an EU family member, which should allow me to work anywhere in the European Economic Area with no issues

Considering I come from a challenged country, and a challenged industry (Oil & Gas), I've been admitted to all these schools, and I need some advice. Heres's the situation:

INSEAD: Singapore campus, no financial aid so far. Not sure what sort of employment options I would be available for a Libyan citizen, whether in the region or in North America. Will have to commute between Singapore and Malayisa to save on accommodation for my family

IE: Offered 15,000 Euros in financial aid. Still negotiating. Job prospects in EU are shaky. Not sure if it will be possible to move to North America afterwards

Schullich: Haven't decided on financial aid yet. Has the advantage of settling in Canada afterwards and getting a Canadian passport. Toronto is not cheap

Thunderbird: a masters of Global Management. Offered full tuition scholarship in addition to some living expenses support. Post graduation employment figures are okayish, but not super. School is not exactly in the league of any of the former spthree schools. But free education? How can you say no?

Advice? Please? :roll:

IMO
The brand factor weakens the older you get into an MBA or any other master. You will be judged on your experience at this point. Don't aim for jobs in which not having a family and being young are implicit requirements (IB and consulting). If you need a VISA in some place, you may not get it so be prepared. Where you go you have more chances of networking for jobs for that area than outside.

Cheers
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benmussa
Hello all

I'm lost as hell and I need some advice

I'm a 34 yr old business development executive from Libya. I come with 9 years working for Halliburton and one year working for the UN World Food Programme. My experience includes working in Egypt, the U.S., and Libya. GMAT 680 (a little weak on the verbal) and IELTS 8.0. Great EC. I'm an EU family member, which should allow me to work anywhere in the European Economic Area with no issues

Considering I come from a challenged country, and a challenged industry (Oil & Gas), I've been admitted to all these schools, and I need some advice. Heres's the situation:

INSEAD: Singapore campus, no financial aid so far. Not sure what sort of employment options I would be available for a Libyan citizen, whether in the region or in North America. Will have to commute between Singapore and Malayisa to save on accommodation for my family

IE: Offered 15,000 Euros in financial aid. Still negotiating. Job prospects in EU are shaky. Not sure if it will be possible to move to North America afterwards

Schullich: Haven't decided on financial aid yet. Has the advantage of settling in Canada afterwards and getting a Canadian passport. Toronto is not cheap

Thunderbird: a masters of Global Management. Offered full tuition scholarship in addition to some living expenses support. Post graduation employment figures are okayish, but not super. School is not exactly in the league of any of the former spthree schools. But free education? How can you say no?

Advice? Please? :roll:

IMO
The brand factor weakens the older you get into an MBA or any other master. You will be judged on your experience at this point. Don't aim for jobs in which not having a family and being young are implicit requirements (IB and consulting). If you need a VISA in some place, you may not get it so be prepared. Where you go you have more chances of networking for jobs for that area than outside.

Cheers

Hi Benmussa,

Everyone has offered you great opinion so far, so I will try to be short (have the reputation to ramble on)

I will give you my background:

1. Canadian, 35 years old male currently in technology side of hedge fund (Yes, the famous back office. Money is ok, but you do have less say)

2. Past experience includes boring technology shop (think HP, IBM), quantitative modelling, strategy consulting and open my own IT consulting shop for couple years.

3. Married with 2 kids (2nd one coming end of the year)

4. Two master degrees (can't turn down free education :lol: ) from top universities in Canada

Based on my profile, my boss thinks I am crazy to quit my job. Too old, too many degrees, too many kids. MBA is a young man/lady's game.

Anyway, since you are admitted to 4 schools, you already decide on buying another degree.

So let's do some basic analysis. I will be brutally honest, so don't be offended.

1. Live/Work in Canada, one of the greatest country in the world.
-> Your oil and gas background will be invaluable in Alberta (I know the industry is down but it's cyclical anyway, it will come back soon)
-> If you want to do finance (which will be tough, too old for IB and not enough exp for analyst job), Rotman is a better choice than Schulich
-> For your background, I personally recommend Ivey - 1 year program, starting in March and very generous scholarship. London, Ontario is also super cheap to live. Your wife and kids will love this small city. There are good portion of population with middle eastern background in the city.
-> Finally, Canada is much easier to obtain work VISA and applying for immigration, especially if you have a Canadian degree.

2. Live/Work in USA - you have the best opportunities in the Land of Freedom
-> Thunderbird - sorry buddy, if it's not top 15 MBA. Transition will be tougher.
-> Work Visa - there is a big quota issue with H1B
-> Finally, I don't want to sound racist (I am a minority myself), but the US Custom is not the friendliest place on earth. Americans have the right to protect their country, so "aliens" have to put up with a lot of attitudes.

3. Live/Work in Europe
-> no personal experience, so no comment
-> but having an EU passport definitely help

4. Live/Work in Asia
-> If you don't speak Mandarin, it will be tough to work in China.
-> HK is more friendly to English speaking national. But most jobs there are concentrated in finance.
-> This leaves you with Singapore. Since you live in Malaysia, I am sure you have better understanding than me.

=== Conclusion ===
From the cost and family perspective - you should head to Canada (preferably with Ivey)

For fun and making one new friend, come to INSEAD singapore and I will take you out for a beer next January 8-)
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benmussa
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I certainly can relate to your quandary. In fact, it seems like I might find myself in a similar situation in a few months.
Going through your post, I get the impression that you'd prefer to work/live in North America post your MBA.

I'd suggest asking yourself (and your family, if pertinent) where you'd like to work/live post your education. If you'd prefer to live in North America, then it'd make sense to go to a North American school, whether Schulich or Thunderbird. If moving to NA is your aim, then it doesn't make much sense to go by a circuitous route of getting an education in Europe and then hoping for something to click and move to NA.

Continuing on that note, between Schulich and Thunderbird, I'd say it depends on what you are looking for. If a better brand name is what you are looking for and living/working in Canada isn't a problem, then Schulich. However, like you said, Toronto is an expensive, and given that you have a family, a cold city. Not sure if that's pertinent for you but personally I'd hate to be living someplace that cold. But ymmv.
Also, Schulich is one of the expensive schools around and given that there's no aid as of yet, going to Schulich would only make sense if you're certain you need a bigger brand name and working in Canada isn't a problem for you. The Canadian market, decent as it may be, just doesn't come close to the States in terms of the number of opportunities.

Thunderbird makes the most sense in a value for $ way. It's a good school, though not in the league of others as you pointed out. But it's free education and the fact is you'll be getting a degree from a school in the States, and you'll be studying in the States so that would present good networking opportunities in the US market. If you wanna work in the US, then Tbird would make more sense than Schulich. And you save a lot of money while at it. Tbird is a decent, play-it-safe option for you. However, I believe the program at T-bird is a 2-year program so you need to take that extra year into account.

On the other hand, if working/living in NA isn't your primary/ultimate goal, then you could look at INSEAD or IE. Between those, given the fact that there's no aid from INSEAD as of yet and the added hassle of commuting from Malaysia to the campus, to me, IE seems like a better option. While both Singapore and Madrid are expensive cities (I'm not certain exactly how much they relate/differ in terms of expenses), IE is a good school and given the financial aid and sans the problem of commuting, I'd choose IE over INSEAD.

Whatever you decide, let us know how it plays out for you. Good luck!

(PS: Hope you don't mind me asking, but given your experience, are you going for an executive MBA at the above-said schools or just the plain ol' "vanilla" MBA? )

Hey thanks a lot for your great advice

I will start with your last question. There's no nice way to put this, but civil war in the country + global oil collapse, I've been laid off, and my nationality didn't exactly help me nail a job elsewhere especially with the current oil downturn, so I need a ticket out, and I need it ASAP. That's why I'm not going for an executive MBA

Although I agree with the comparison between IE and INSEAD, but I still believe INSEAD is a much better school. Whether it I will open doors for me or not is another story

Schullich is better, Tbird is free .. Which one to go for? That's the million dollar question

I see you will be in much bigger problem in a few months. Looks like you are going shopping :lol:
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nailthemonster
First of all, Congratulation on this tremendous achievement. It is always nice to be in a position to make choices. From a 10,000 feet view and without knowing anything about your career aspirations, I would suggest you INSEAD. I have always bee biased towards INSEAD as it is my dream school.
I would have factored in scholarship only when schools are from same strata. If financing your MBA is not a problem, I would vote for INSEAD hands down. If not INSEAD, then I would say why not go for a 100% scholarship at Thunderbird.

Hey thanks for chipping in

Could you please share your background and plan post-MBA ?
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benmussa
Hello all

I'm lost as hell and I need some advice

I'm a 34 yr old business development executive from Libya. I come with 9 years working for Halliburton and one year working for the UN World Food Programme. My experience includes working in Egypt, the U.S., and Libya. GMAT 680 (a little weak on the verbal) and IELTS 8.0. Great EC. I'm an EU family member, which should allow me to work anywhere in the European Economic Area with no issues

Considering I come from a challenged country, and a challenged industry (Oil & Gas), I've been admitted to all these schools, and I need some advice. Heres's the situation:

INSEAD: Singapore campus, no financial aid so far. Not sure what sort of employment options I would be available for a Libyan citizen, whether in the region or in North America. Will have to commute between Singapore and Malayisa to save on accommodation for my family

IE: Offered 15,000 Euros in financial aid. Still negotiating. Job prospects in EU are shaky. Not sure if it will be possible to move to North America afterwards

Schullich: Haven't decided on financial aid yet. Has the advantage of settling in Canada afterwards and getting a Canadian passport. Toronto is not cheap

Thunderbird: a masters of Global Management. Offered full tuition scholarship in addition to some living expenses support. Post graduation employment figures are okayish, but not super. School is not exactly in the league of any of the former spthree schools. But free education? How can you say no?

Advice? Please? :roll:

IMO
The brand factor weakens the older you get into an MBA or any other master. You will be judged on your experience at this point. Don't aim for jobs in which not having a family and being young are implicit requirements (IB and consulting). If you need a VISA in some place, you may not get it so be prepared. Where you go you have more chances of networking for jobs for that area than outside.

Cheers

Excellent point, that's why I am planning to go back to Oil & Gas post-MBA. There "where part" is making it difficult. Should I go for an expat package in the Far East? Or settle in Canada or the U.S. And start a new life, new nationality, etc?
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benmussa
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cico09
PlastMan
benmussa
Hello all

I'm lost as hell and I need some advice

I'm a 34 yr old business development executive from Libya. I come with 9 years working for Halliburton and one year working for the UN World Food Programme. My experience includes working in Egypt, the U.S., and Libya. GMAT 680 (a little weak on the verbal) and IELTS 8.0. Great EC. I'm an EU family member, which should allow me to work anywhere in the European Economic Area with no issues

Considering I come from a challenged country, and a challenged industry (Oil & Gas), I've been admitted to all these schools, and I need some advice. Heres's the situation:

INSEAD: Singapore campus, no financial aid so far. Not sure what sort of employment options I would be available for a Libyan citizen, whether in the region or in North America. Will have to commute between Singapore and Malayisa to save on accommodation for my family

IE: Offered 15,000 Euros in financial aid. Still negotiating. Job prospects in EU are shaky. Not sure if it will be possible to move to North America afterwards

Schullich: Haven't decided on financial aid yet. Has the advantage of settling in Canada afterwards and getting a Canadian passport. Toronto is not cheap

Thunderbird: a masters of Global Management. Offered full tuition scholarship in addition to some living expenses support. Post graduation employment figures are okayish, but not super. School is not exactly in the league of any of the former spthree schools. But free education? How can you say no?

Advice? Please? :roll:

IMO
The brand factor weakens the older you get into an MBA or any other master. You will be judged on your experience at this point. Don't aim for jobs in which not having a family and being young are implicit requirements (IB and consulting). If you need a VISA in some place, you may not get it so be prepared. Where you go you have more chances of networking for jobs for that area than outside.

Cheers

Hi Benmussa,

Everyone has offered you great opinion so far, so I will try to be short (have the reputation to ramble on)

I will give you my background:

1. Canadian, 35 years old male currently in technology side of hedge fund (Yes, the famous back office. Money is ok, but you do have less say)

2. Past experience includes boring technology shop (think HP, IBM), quantitative modelling, strategy consulting and open my own IT consulting shop for couple years.

3. Married with 2 kids (2nd one coming end of the year)

4. Two master degrees (can't turn down free education :lol: ) from top universities in Canada

Based on my profile, my boss thinks I am crazy to quit my job. Too old, too many degrees, too many kids. MBA is a young man/lady's game.

Anyway, since you are admitted to 4 schools, you already decide on buying another degree.

So let's do some basic analysis. I will be brutally honest, so don't be offended.

1. Live/Work in Canada, one of the greatest country in the world.
-> Your oil and gas background will be invaluable in Alberta (I know the industry is down but it's cyclical anyway, it will come back soon)
-> If you want to do finance (which will be tough, too old for IB and not enough exp for analyst job), Rotman is a better choice than Schulich
-> For your background, I personally recommend Ivey - 1 year program, starting in March and very generous scholarship. London, Ontario is also super cheap to live. Your wife and kids will love this small city. There are good portion of population with middle eastern background in the city.
-> Finally, Canada is much easier to obtain work VISA and applying for immigration, especially if you have a Canadian degree.

2. Live/Work in USA - you have the best opportunities in the Land of Freedom
-> Thunderbird - sorry buddy, if it's not top 15 MBA. Transition will be tougher.
-> Work Visa - there is a big quota issue with H1B
-> Finally, I don't want to sound racist (I am a minority myself), but the US Custom is not the friendliest place on earth. Americans have the right to protect their country, so "aliens" have to put up with a lot of attitudes.

3. Live/Work in Europe
-> no personal experience, so no comment
-> but having an EU passport definitely help

4. Live/Work in Asia
-> If you don't speak Mandarin, it will be tough to work in China.
-> HK is more friendly to English speaking national. But most jobs there are concentrated in finance.
-> This leaves you with Singapore. Since you live in Malaysia, I am sure you have better understanding than me.

=== Conclusion ===
From the cost and family perspective - you should head to Canada (preferably with Ivey)

For fun and making one new friend, come to INSEAD singapore and I will take you out for a beer next January 8-)

Man you should be an analyst lol

I agree with most of what you said, I even contacted Ivey as a first a choice but they came back saying I have "too much experience" for their targeted student range.

I don't live in Malaysia, but I was thinking to commute between Singapore and Johor to save on rent.

My understanding is that more than 90% of Schullich's graduates get a job in Ontario. I would be targeting jobs in AB while keeping an eye on nearby opportunities. Everything you said about immigration regulations in Canada and the U.S. makes a lot of sense. Do you think Schullich will be willing to offer generous aid to PG candidates that come from challenged countries (civil war in my case)?

Could you please elaborate more on employment chances in south east Asia?

If I come to Singapore be sure I'll be there .. Orange juice for me though :D

Thanks a lot for your detailed feedback
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Quote:

Man you should be an analyst lol

I agree with most of what you said, I even contacted Ivey as a first a choice but they came back saying I have "too much experience" for their targeted student range.

I don't live in Malaysia, but I was thinking to commute between Singapore and Johor to save on rent.

My understanding is that more than 90% of Schullich's graduates get a job in Ontario. I would be targeting jobs in AB while keeping an eye on nearby opportunities. Everything you said about immigration regulations in Canada and the U.S. makes a lot of sense. Do you think Schullich will be willing to offer generous aid to PG candidates that come from challenged countries (civil war in my case)?

Could you please elaborate more on employment chances in south east Asia?

If I come to Singapore be sure I'll be there .. Orange juice for me though :D

Thanks a lot for your detailed feedback

Old habit dies hard..... you always gotta give clients good amount of options from my consulting days (usually 3 is the optimal case...they get annoyed if you have too much or too few choices)

Anyway, I can not comment on the specific of scholarship. But I can give you a benchmark.

My friend is 32 years old IT guy who received 50K from Schulich and 35K from Ivey. So I don't think age is an issue, but he does have a great GMAT (750) and good GPA from top university in Canada (probably 3.7 - 3.8) though. You should be confident about yourself though, you are accepted by INSEAD already. One of the top 10 MBA in the world. (No debate on this topic please.....I don't want to argue with the USA folks, bot better thing to do in life than MBA ranking debate)

I know your feeling as my family came to Canada with nothing as well. Things will definitely get better for you. I would say Canada is one of the few countries left in the world that you can be a slef-made millionaire in 1 generation with regular and honest job.

If you can secure financing (scholarship or loan), I would strongly suggest you coming to Canada, you family will have a much better life here without worrying about discrimination. After all, we all know the migrant issue in Europe and I already cover Uncle Sam in the previous post. End of day, if you are buying a ticket (MBA used to be golden ticket....) to get your family to a safe and comfortable place, come to Canada is your best bet (especially with your O&G experience, CAD is nicknamed Petro Dollar for a reason)

As for SE Asia, I don't have much experience. If you only speak English. Your only option is Singapore, HK and to a certain extent Mumbai and super stretch it to Manila. Otherwise, you will need to know the local language to do some real business.

Obviously, if you are OK with moving to some other part in Middle East (i.e. UAE), then you will have less issues integrating with the local culture.

anyway, there is the good thing about internet, you are somewhat anonymous. So, maybe you can share a bit more of your personal information like family, post MBA focus (Finance, Consulting, Corp sector). Then, everyone can give you more comprehensive feedback (we need the data point, man)

Remember mid-30 is old only in the MBA cohort, but mid-30 also has advantage when you head out and apply for job outside of IB. No one is going to hire a 25 years old whiz kid to run a 100 people drilling shop (unless it's family business), but you will have much better chance landing a senior role in situation like that.

Best of luck.