I have been lucky enough to receive admits + scholarships from the two schools I applied to — the IE IMBA and the ESADE MBA. Here's my profile and a breakdown of the pros/cons:
ProfileI'm a Canadian male who is 31 years old. I have 7 years of marketing experience in the entertainment, technology and marketing/advertising agency industry.
Post-MBA GoalsMy Post-MBA goals are to remain in marketing, preferably in either the technology, pharma/healthcare, or CPG industry. My backup goal would be management consulting at any of the major firms (it wouldn't be MBB or bust for me). In terms of location, my first preference is to work abroad in the EU, Middle East or Asia but I also would not be opposed to returning to Canada as I know that VISA's are an issue for anyone trying to change locations. I will be exploring options for both marketing and consulting AND both Canada / abroad during my studies.
IE - 6,800 EUR Scholarship
Pros- Higher ranked than ESADE
- Employment report shows higher salaries across the board
- Larger class sizes = more alumni
- There is an IE office in Toronto that I can leverage for support should I come home empty handed job-wise
Cons- After the scholarship difference, it is 10,000 EUR more expensive than ESADE
- No internship element of the program
- I have not been impressed with their responsiveness and treatment throughout the admissions process. I am worried that this will continue during my studies, especially regarding the Career Centre
ESADE - 10,000 EUR Scholarship
Pros- Internship opportunity if I choose the 15 month program
- Better location in Barcelona for technology startups, biotech and pharma industries
- With the scholarship difference, it is 10,000 EUR less expensive than IE
- Smaller class size means more attention from Career Centre, faculty etc.
- I have been incredibly impressed with ESADE's responsiveness and general demeanor during the admissions process. I certainly feel more wanted there and less like a number.
Cons- Lower ranked than IE
- Employment report shows lower salaries across the board vs. IE
- Smaller class size = less alumni
- Campus is a longer commute from downtown vs. IE
So, which would you attend? To be perfectly honest, I am leaning towards ESADE but the salary numbers are startlingly less than IE. Can anyone comment about whether this is actually the case? Or is IE juicing their employment report somehow? I find it somewhat hard to believe that IE students are paid 10,000 EUR more on average than ESADE students for similar positions considering how close the schools are in the rankings. Thanks in advance!