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ikarus
Joined: 14 Mar 2020
Last visit: 08 Apr 2020
Posts: 7
Location: China
Schools: LBS '22 (D) CEIBS '22 (A$) Cambridge "21 (A$) Oxford "21 (A) Instead Sept 20 Intake (A) IMD '21 (A$)
GMAT 1: 700 Q49 V35
GPA: 3.5
Schools: LBS '22 (D) CEIBS '22 (A$) Cambridge "21 (A$) Oxford "21 (A) Instead Sept 20 Intake (A) IMD '21 (A$)
GMAT 1: 700 Q49 V35
Posts: 7
02 Apr 2020, 02:43
Kudos
Bookmarks
Hi all,
Tough time for me to make the decision in the pandemic and hope to hear advice from you.
I was accepted to INSEAD, IMD, Oxford, Cambridge and CEIBS with all schools except Oxford gives me a small amount of scholarship/bursary (ranging from 8K-20K). Oxford’s bursary requires separate application and I have not been into the process right now as deciding on the offers.
A bit of background of mine. I’m a Chinese with no work authorization in other countries. I spent my career so far in 2 different big 4 across HK and Mainland China, with focus on risk consulting first then shifted to transaction advisory. I have a total working experience of 6.5 yrs so far and hold a CPA and CFA. Post-MBA I’d like to explore opportunities in Corporate (preferably healthcare) /Industrial for a Finance Role in Europe. But I’d be open to explore other corporate or consulting opportunities in Asia Pacific regions too if the role is attractive enough.
I do not have a preference towards EU or UK but I do aware that the work authorization of 2 years after graduation in UK may be an advantage. (btw I don’t speak French or German or other European languages)
Currently I am mostly struggled with the decision between INSEAD and IMD now so I’d only do analysis for the two.
INSEAD
Pros:
- Ranking is higher, higher awareness and alumni network much much larger
- Chances to explore both EU and APAC
- An initial language course to start some basics about French/German
- More employers come to INSEAD for recruitment with a larger variety
- Total cost of marginally lower than IMD after considering the scholarship but not essential
Cons:
- Heard from Alumni practically not feasible to explore job opportunities in two areas (also not recommended by CDC due to losing focus)
- Admitted in the July intake which started in August/July (if language course applies) this year, huge uncertainty with the coronavirus situation in France – uncertainty with possible online class, the VISA and uncertainty with the job market by the time starts to job hunting
- J intake is off-cycle for some LDP programme which typically recruit in Sep
IMD
Pros:
- Smaller class with stronger bonding and closer relationships, the help from alumni may help recruitment in difficult time as the class is small and easy to access the help (wonder if true or not)
- Start in Jan and recruit start later next year, more certainty towards the virus
- Stronger network in healthcare and industry (but may not surpass INSEAD given the large alumni network)
Cons: refer to the advantages of INSEAD (basically what INSEAD prevails are the short-falls of IMD to me)
Another issue i've seen a lot discussions on the forum is regarding the coronavirus related uncertainties and possible impacts to the economy as a whole and especially to the 1 year programme which have less time to absorb the impact. So I'd also open to hear more advice on whether I should still go MBA or go for placements in Europe provided the possible economic downturns.
Tough time for me to make the decision in the pandemic and hope to hear advice from you.
I was accepted to INSEAD, IMD, Oxford, Cambridge and CEIBS with all schools except Oxford gives me a small amount of scholarship/bursary (ranging from 8K-20K). Oxford’s bursary requires separate application and I have not been into the process right now as deciding on the offers.
A bit of background of mine. I’m a Chinese with no work authorization in other countries. I spent my career so far in 2 different big 4 across HK and Mainland China, with focus on risk consulting first then shifted to transaction advisory. I have a total working experience of 6.5 yrs so far and hold a CPA and CFA. Post-MBA I’d like to explore opportunities in Corporate (preferably healthcare) /Industrial for a Finance Role in Europe. But I’d be open to explore other corporate or consulting opportunities in Asia Pacific regions too if the role is attractive enough.
I do not have a preference towards EU or UK but I do aware that the work authorization of 2 years after graduation in UK may be an advantage. (btw I don’t speak French or German or other European languages)
Currently I am mostly struggled with the decision between INSEAD and IMD now so I’d only do analysis for the two.
INSEAD
Pros:
- Ranking is higher, higher awareness and alumni network much much larger
- Chances to explore both EU and APAC
- An initial language course to start some basics about French/German
- More employers come to INSEAD for recruitment with a larger variety
- Total cost of marginally lower than IMD after considering the scholarship but not essential
Cons:
- Heard from Alumni practically not feasible to explore job opportunities in two areas (also not recommended by CDC due to losing focus)
- Admitted in the July intake which started in August/July (if language course applies) this year, huge uncertainty with the coronavirus situation in France – uncertainty with possible online class, the VISA and uncertainty with the job market by the time starts to job hunting
- J intake is off-cycle for some LDP programme which typically recruit in Sep
IMD
Pros:
- Smaller class with stronger bonding and closer relationships, the help from alumni may help recruitment in difficult time as the class is small and easy to access the help (wonder if true or not)
- Start in Jan and recruit start later next year, more certainty towards the virus
- Stronger network in healthcare and industry (but may not surpass INSEAD given the large alumni network)
Cons: refer to the advantages of INSEAD (basically what INSEAD prevails are the short-falls of IMD to me)
Another issue i've seen a lot discussions on the forum is regarding the coronavirus related uncertainties and possible impacts to the economy as a whole and especially to the 1 year programme which have less time to absorb the impact. So I'd also open to hear more advice on whether I should still go MBA or go for placements in Europe provided the possible economic downturns.
mainester1990s
Joined: 09 Mar 2020
Last visit: 05 Oct 2022
Posts: 29
Given Kudos: 4
Location: United Kingdom
Schools: Yale '22 (S) LBS MiM "21 (A)
GRE 1: Q165 V165
GPA: 3.7
02 Apr 2020, 03:03
Kudos
Bookmarks
I think you have a very clear winner here - INSEAD.
Exploring opportunities in both geographical foci is going to be more challenging regardless.
I am rather sure a sixth month buffer won’t be that much of a difference IF the coronavirus is still a major issue two years on from now.
Going forward INSEAD will leave you with a much better brand and much stronger and global alumni network which helps with future mobility.
It’s a no brainer. Don’t choose IMD just because of the coronavirus. Unless there’s something about the program that you really see yourself taking part in, or there’s a particularly enticing company in Switzerland that you want to work for.
Otherwise INSEAD
Posted from my mobile device
Exploring opportunities in both geographical foci is going to be more challenging regardless.
I am rather sure a sixth month buffer won’t be that much of a difference IF the coronavirus is still a major issue two years on from now.
Going forward INSEAD will leave you with a much better brand and much stronger and global alumni network which helps with future mobility.
It’s a no brainer. Don’t choose IMD just because of the coronavirus. Unless there’s something about the program that you really see yourself taking part in, or there’s a particularly enticing company in Switzerland that you want to work for.
Otherwise INSEAD
Posted from my mobile device
