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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.
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25 Mar 2016, 05:22
Kudos
Bookmarks
Hi guys,
I need help making a decision
Back ground: I'm 30yrs...with three years of audit experience with Big 4 audit firm and three years of consulting experience with Big 4 and boutique consulting firm.
My immediate post MBA goal is Management Consulting (although I must confess more than a passing interest in investment banking). I intend to work in the U.S for a couple of years then return to Africa. My long term goals are more in Agric Tech and Clean Energy initiatives
Olin has awarded me full ride while I got $20k from Yale.
The cost difference between the two programs is about $80,000 and would need a big loan to attend Yale. I'm a bit sensitive on the money angle cos of the currency risks if I'm repaying a US$ loan while earning in a different currency.
Any suggestions? What'd you choose and why?
Thank you in advance for your help!
I need help making a decision
Back ground: I'm 30yrs...with three years of audit experience with Big 4 audit firm and three years of consulting experience with Big 4 and boutique consulting firm.
My immediate post MBA goal is Management Consulting (although I must confess more than a passing interest in investment banking). I intend to work in the U.S for a couple of years then return to Africa. My long term goals are more in Agric Tech and Clean Energy initiatives
Olin has awarded me full ride while I got $20k from Yale.
The cost difference between the two programs is about $80,000 and would need a big loan to attend Yale. I'm a bit sensitive on the money angle cos of the currency risks if I'm repaying a US$ loan while earning in a different currency.
Any suggestions? What'd you choose and why?
Thank you in advance for your help!
25 Mar 2016, 10:14
Kudos
Bookmarks
Congratulations on scoring 2 admits and scholarship money! I think the Poll results reflect your aspirations for elite recruiting.
If you were willing to compromise that and settle for something more middle of the road (corporate finance, operations, etc) then with your work experience and with a Top 20 (Olin is #21) you can do well. It is still possible to get a consulting job of some level (probably even a cool one) but elite employment opportunities are usually centered around Top 10. Yale is a new entrant into that group but their numbers look strong.
On the flip side, there is no guarantee that you will get a better job out of Yale than out of Olin but odds are better with Yale, plus you get ancillary benefits such as better classmates, better professors, and traditionally a better alum network - that's what $80K buys.
P.S. I feel with Yale's non-profit and green tech focus you are likely to be connected with more projects happening in Africa than Olin. Also, don't forget about Yale's loan forgiveness program - that could be a full scholarship in a sense.
If you were willing to compromise that and settle for something more middle of the road (corporate finance, operations, etc) then with your work experience and with a Top 20 (Olin is #21) you can do well. It is still possible to get a consulting job of some level (probably even a cool one) but elite employment opportunities are usually centered around Top 10. Yale is a new entrant into that group but their numbers look strong.
On the flip side, there is no guarantee that you will get a better job out of Yale than out of Olin but odds are better with Yale, plus you get ancillary benefits such as better classmates, better professors, and traditionally a better alum network - that's what $80K buys.
P.S. I feel with Yale's non-profit and green tech focus you are likely to be connected with more projects happening in Africa than Olin. Also, don't forget about Yale's loan forgiveness program - that could be a full scholarship in a sense.
26 Mar 2016, 07:16
Kudos
Bookmarks
bb
Many thanks bb.
The loan forgiveness program wouldn't really work for me as I intend to remain in the for profit space
I think your matrix here value-of-a-top-10-mba-213365.html and the poll definitely tilts the decision one way
