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!
Apr 2908:00 PM EDT
-09:00 PM EDT
Join us for a live Ask Me Anything (AMA) session with Juno’s Co-Founder, where we’ll break down everything you need to know about financing your MBA in today’s rapidly changing landscape.
11 Apr 2020, 08:09
Kudos
Bookmarks
OK... things took a huge turn yesterday! I got the admission to Cornell! I am surprisingly getting admitted to whatever program I have applied, now thinking if I should have also applied to top 5 just to see if this always holds true!!
I posted these topics previously:
https://gmatclub.com/forum/mendoza-vs-k ... s#p2489668
https://gmatclub.com/forum/rotman-vs-ke ... s#p2489336
The results:
- The best fit will be Kelley considering the financial aspects (the cost, ROI, higher compensation post-grad). downside: I will face difficulty in getting a greencard or H1B (international student). I should change my goals more toward general/supply chain management( which is not such a huge downside). I cannot rely much on companies for on-campus recruitment.
- Rotman is the best fit in terms of immigration, being in a huge city with lots of opportunities, and career aspirations are aligned( my future goals: consulting in a reputable firm, even if not MBB). downside: Will have to settle for less long term income and spend around 20k more for the program.
Other facts:
- Kelley (50%) Rotman (15%) Cornell (0) scholarship
- I can fund Kelley myself, maybe also Rotman if I borrow a bit from parents. But will go under serious student debt for Cornell around 120k!(fortunately Quorum will lend me that money although I come from an OFAC sanctioned country)
Now the question: Is an "Ivy Leauge" "Cornell" brand name worth going under that huge loan? in other words, where does Cornell stand in terms of compensation post-grad (considering the loan payback) and chances of being recruited by a good consulting firm? I am not a big believer in employment report median salaries, an experienced person is much more reliable I guess.
I know that an MBA is not about the acquired skills. instead, the network and the brand name and being affiliated with a famous and respected school will pull you up the ladder, and the ladder is more like an elevator when the program is Ivy League! so instead of starting from 0 and getting to 10 in five years with a ladder, I should start from -5 and get to 15 with an elevator! or am I wrong?
bb mihir0710 workout Mo2men stonecold Gnpth Vyshak I would love to have your honest feedback on this (Or anyone who you know have useful info)
I posted these topics previously:
https://gmatclub.com/forum/mendoza-vs-k ... s#p2489668
https://gmatclub.com/forum/rotman-vs-ke ... s#p2489336
The results:
- The best fit will be Kelley considering the financial aspects (the cost, ROI, higher compensation post-grad). downside: I will face difficulty in getting a greencard or H1B (international student). I should change my goals more toward general/supply chain management( which is not such a huge downside). I cannot rely much on companies for on-campus recruitment.
- Rotman is the best fit in terms of immigration, being in a huge city with lots of opportunities, and career aspirations are aligned( my future goals: consulting in a reputable firm, even if not MBB). downside: Will have to settle for less long term income and spend around 20k more for the program.
Other facts:
- Kelley (50%) Rotman (15%) Cornell (0) scholarship
- I can fund Kelley myself, maybe also Rotman if I borrow a bit from parents. But will go under serious student debt for Cornell around 120k!(fortunately Quorum will lend me that money although I come from an OFAC sanctioned country)
Now the question: Is an "Ivy Leauge" "Cornell" brand name worth going under that huge loan? in other words, where does Cornell stand in terms of compensation post-grad (considering the loan payback) and chances of being recruited by a good consulting firm? I am not a big believer in employment report median salaries, an experienced person is much more reliable I guess.
I know that an MBA is not about the acquired skills. instead, the network and the brand name and being affiliated with a famous and respected school will pull you up the ladder, and the ladder is more like an elevator when the program is Ivy League! so instead of starting from 0 and getting to 10 in five years with a ladder, I should start from -5 and get to 15 with an elevator! or am I wrong?
bb mihir0710 workout Mo2men stonecold Gnpth Vyshak I would love to have your honest feedback on this (Or anyone who you know have useful info)
11 Apr 2020, 22:41
Kudos
Bookmarks
LOL. It seems you are in a high demand!!!! 
I think you totally should send your app in - many schools (not HBS) have extended their deadlines and relaxed GMAT standards for the R3 applicants. (Semi-joking obviously since it is money, time and effort and with the visa issue, it may be very tricky).
Johnson is a great program and it has better Consulting placement than Kelley just pure employment report numbers. I do know that Johnson has some consulting companies on campus but most consulting opportunities are available to domestic students and only a few such as BCG, EY and Deloitte hire internationals. You also have to compete pretty hard with the US students who tend to be better speakers and likely presenters than non-native speakers. What I am saying is that yes, Johnson and Cornell are stronger brands than Kelley and UI but you have other issues at play such as H1B/immigration/policy/your personal potential that don't care about the brand.
It is great news about Johnson being able to help with financing your MBA and getting your loan. I can tell you that while you will be borrowing a huge amount of money, it is manageable and payable if you are staying in the US. I also know many who have gone to their home countries have found that their degrees and argument for loan repayment to be pretty effective job negotiations tools.
It is hard to really judge how things will go down in this new world. Every business school had glowing employment reports least year - unemployment was 3% and lowest in 50 years - everyone was getting hired , perhaps not at top salaries but every school was able to place. Brands matter more in hard times when things are dicey but nobody is going to be chasing you with a job offer and it is important you can convert that opportunity when it comes around.
One idea is to stash your funds that you have raised for Kelley and to keep them as reserve and borrow your money for Johnson. You can always fall back on a reserve if you need to and you will have more wiggle room, frankly. Just an idea... and I would definitely take Johnson vs. Rotman.
Congrats!!!
I think you totally should send your app in - many schools (not HBS) have extended their deadlines and relaxed GMAT standards for the R3 applicants. (Semi-joking obviously since it is money, time and effort and with the visa issue, it may be very tricky).
Johnson is a great program and it has better Consulting placement than Kelley just pure employment report numbers. I do know that Johnson has some consulting companies on campus but most consulting opportunities are available to domestic students and only a few such as BCG, EY and Deloitte hire internationals. You also have to compete pretty hard with the US students who tend to be better speakers and likely presenters than non-native speakers. What I am saying is that yes, Johnson and Cornell are stronger brands than Kelley and UI but you have other issues at play such as H1B/immigration/policy/your personal potential that don't care about the brand.
It is great news about Johnson being able to help with financing your MBA and getting your loan. I can tell you that while you will be borrowing a huge amount of money, it is manageable and payable if you are staying in the US. I also know many who have gone to their home countries have found that their degrees and argument for loan repayment to be pretty effective job negotiations tools.
It is hard to really judge how things will go down in this new world. Every business school had glowing employment reports least year - unemployment was 3% and lowest in 50 years - everyone was getting hired , perhaps not at top salaries but every school was able to place. Brands matter more in hard times when things are dicey but nobody is going to be chasing you with a job offer and it is important you can convert that opportunity when it comes around.
One idea is to stash your funds that you have raised for Kelley and to keep them as reserve and borrow your money for Johnson. You can always fall back on a reserve if you need to and you will have more wiggle room, frankly. Just an idea... and I would definitely take Johnson vs. Rotman.
Congrats!!!
12 Apr 2020, 19:16
Kudos
Bookmarks
Hi,
congrats for Cornell
I would share my process of thinking.
The comparison for me in first place will be between USA and Canada. Which country will provide me good life and stability in the long run. This is why your downside for Rotman needs to be more investigated because you must see in context of the life of the country itself.It is Not comparison between money only or US$ vs Canadian $. So try to evaluate the whole picture.
If you finally choose USA, then my thinking why I should borrow this lot of money to finance my MBA. Is it worth to borrow this amount in the wake of all uncertainties of immigration, H1B visa, sanctioned country ...etc? IMHO, I would go for a lower debt and work hard in my networking for a job. I know a lot of stories of people from M7 who could not secure H1B visa after OPT period. Also, the money exchange could work for some if returning to their home countries but I doubt it will work for you if you have to return to your home country.
Good luck
congrats for Cornell
I would share my process of thinking.
The comparison for me in first place will be between USA and Canada. Which country will provide me good life and stability in the long run. This is why your downside for Rotman needs to be more investigated because you must see in context of the life of the country itself.It is Not comparison between money only or US$ vs Canadian $. So try to evaluate the whole picture.
If you finally choose USA, then my thinking why I should borrow this lot of money to finance my MBA. Is it worth to borrow this amount in the wake of all uncertainties of immigration, H1B visa, sanctioned country ...etc? IMHO, I would go for a lower debt and work hard in my networking for a job. I know a lot of stories of people from M7 who could not secure H1B visa after OPT period. Also, the money exchange could work for some if returning to their home countries but I doubt it will work for you if you have to return to your home country.
Good luck
