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24 Dec 2020, 16:55
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I’m super happy to be admitted to both Tuck (full tuition) and Kellogg w $$$. I’m having a difficult time deciding between the two. I’ve visited both and feel like I can fit in at both programs. My goal post mba is consulting in a non-target location/city I have ties to (so not SF or NYC). I’m struggling to figure out if Kellogg is worth the debt (would be around 50k in loans). I do know both of these schools place well for consulting but with Kellogg’s stronger reaching brand, I’m wondering if the debt might be worth it in the long run.
Thanks in advance!
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Thanks in advance!
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Regenerate
24 Dec 2020, 17:11
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Check out the Financial Aid Consideration Curve -- link in my signature block below.
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27 Dec 2020, 05:03
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I’m sure both programs will get you where you are aiming to be. In my exp., Kellogg is a very strong program for aspiring Consultants, here’s why:
1) You can bid for interviews, even for MBB
2) Consulting is its main placing industry (even when you exclude formers) - high 30s (%)
3) Many former consultants to help you prep, find fit, and help you decide cross offers
4) Chicago is a 30 min Uber away (hopefully this is an actual perk by the time you’re in school given the Pandemic), it’s easy to go to most consulting firms offices for network events, prep for interviews, and assess fit
On a different note: Chicago and NH are VERY different, think about what type of experience you want to have. That’s probably the most tangible differentiator between top 10 schools, particularly if your target industry is Consulting. You’ll see people from all top 10 schools at most consulting firms. That may not be true for PE/HF; since that’s not your case I’d tell you to focus on the experience vs prestige/ranking tbh. Prestige / Rankings are way less important once you’ve graduated, serve mostly to boost your ego. Like the GMAT, once your in it doesn’t matter if you had 650 or 780 - it’s just a number no one will ever ask you about after business school. What matters is what you do, not were you came from.
Not assuming anything about your financial situation, I can tell you that with consulting signing bonuses ranging 20-40 (or even some such as Deloitte paying for your full second year) and an avg base of 150+, student loans are manageable. But that’s for you to evaluate.
It’s a good decision you have to make - you won’t get it wrong.
Congrats!
Posted from my mobile device
1) You can bid for interviews, even for MBB
2) Consulting is its main placing industry (even when you exclude formers) - high 30s (%)
3) Many former consultants to help you prep, find fit, and help you decide cross offers
4) Chicago is a 30 min Uber away (hopefully this is an actual perk by the time you’re in school given the Pandemic), it’s easy to go to most consulting firms offices for network events, prep for interviews, and assess fit
On a different note: Chicago and NH are VERY different, think about what type of experience you want to have. That’s probably the most tangible differentiator between top 10 schools, particularly if your target industry is Consulting. You’ll see people from all top 10 schools at most consulting firms. That may not be true for PE/HF; since that’s not your case I’d tell you to focus on the experience vs prestige/ranking tbh. Prestige / Rankings are way less important once you’ve graduated, serve mostly to boost your ego. Like the GMAT, once your in it doesn’t matter if you had 650 or 780 - it’s just a number no one will ever ask you about after business school. What matters is what you do, not were you came from.
Not assuming anything about your financial situation, I can tell you that with consulting signing bonuses ranging 20-40 (or even some such as Deloitte paying for your full second year) and an avg base of 150+, student loans are manageable. But that’s for you to evaluate.
It’s a good decision you have to make - you won’t get it wrong.
Congrats!
Posted from my mobile device
