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Background: 27F working in marketing and comms previously for a digital creative agency and now for a Japanese multinational in CE, UK citizen living in Milan for the past 4 years. Post-MBA wanting to pivot more into tech and product development with a long term goal of entrepreneurship. Italian SO so will most likely end up in Italy but would value another experience or 2 abroad before settling.
Bocconi
+ 50% Scholarship meaning I would only need a 30k loan - funding confirmed, will only cost me €35k to repay
+ Easy when it comes to logistics - already set up here, would just be a question of going to school instead of work
+ Already fluent in Italian so can get the most out of career opportunities etc
+ Can launch and work on my startup at the same time
+ Possibility of doing an exchange in the US (also possible at Esade however, with me already being away from my SO etc, not something I would opt for)
+ Could use the wiggle room I have with more cash on hand to attend a coding/tech bootcamp to help with short term goals
- Smaller cohort so less of a network technically
- Curriculum is not as dynamic, not too innovation focused, very traditionally Italian as a school
- Alumni community is not that active
- Feel of the school is a little colder and career services are not as involved with your from the beginning - heard some not great things about careers
- More finance, consulting and fashion focused
- Had a Zoom chat with some of my cohort and do not align with them and their goals as much as Esade's, also quite a bit younger than me
Esade
+ Barcelona is an awesome city and a growing tech hub
+ Esade is #1 for Entrepreneurship in Europe, very good for tech and has a very dynamic curriculum which is very reactive to the world around it (they are adding more social impact modules this year, for example)
+ Collaborative atmosphere - also already met quite a few people in my cohort on a Zoom chat and really like them and align with their goals and motivations
+ Careers service is really involved right from the beginning and seem incredibly helpful
+ Part of campus dedicated to startups and innovation etc
+ More active clubs
+ Very active alumni community
- Only 17k in scholarship which they will not budge on, which will mean I will need to take out 2 loans for a total repayment of around 80-90k, funding confirmed
- Massive pain in the ass to organize relocation, potentially puts my pre-Brexit protected Italian residency in jeopardy (could manage to hold onto it if I come back immediately but who knows how that will work out in practice)
- Involves extra cost of paying 2 rents (Milan home with partner and dog + Barcelona)
- Would have to put startup on hold and post-graduation debt may jeopardize it a little
Anyone want to put in their 2 cents?
Posted from my mobile device
Bocconi
+ 50% Scholarship meaning I would only need a 30k loan - funding confirmed, will only cost me €35k to repay
+ Easy when it comes to logistics - already set up here, would just be a question of going to school instead of work
+ Already fluent in Italian so can get the most out of career opportunities etc
+ Can launch and work on my startup at the same time
+ Possibility of doing an exchange in the US (also possible at Esade however, with me already being away from my SO etc, not something I would opt for)
+ Could use the wiggle room I have with more cash on hand to attend a coding/tech bootcamp to help with short term goals
- Smaller cohort so less of a network technically
- Curriculum is not as dynamic, not too innovation focused, very traditionally Italian as a school
- Alumni community is not that active
- Feel of the school is a little colder and career services are not as involved with your from the beginning - heard some not great things about careers
- More finance, consulting and fashion focused
- Had a Zoom chat with some of my cohort and do not align with them and their goals as much as Esade's, also quite a bit younger than me
Esade
+ Barcelona is an awesome city and a growing tech hub
+ Esade is #1 for Entrepreneurship in Europe, very good for tech and has a very dynamic curriculum which is very reactive to the world around it (they are adding more social impact modules this year, for example)
+ Collaborative atmosphere - also already met quite a few people in my cohort on a Zoom chat and really like them and align with their goals and motivations
+ Careers service is really involved right from the beginning and seem incredibly helpful
+ Part of campus dedicated to startups and innovation etc
+ More active clubs
+ Very active alumni community
- Only 17k in scholarship which they will not budge on, which will mean I will need to take out 2 loans for a total repayment of around 80-90k, funding confirmed
- Massive pain in the ass to organize relocation, potentially puts my pre-Brexit protected Italian residency in jeopardy (could manage to hold onto it if I come back immediately but who knows how that will work out in practice)
- Involves extra cost of paying 2 rents (Milan home with partner and dog + Barcelona)
- Would have to put startup on hold and post-graduation debt may jeopardize it a little
Anyone want to put in their 2 cents?
Posted from my mobile device
15 Apr 2021, 10:53
Kudos
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Congratulations on your admits!
I feel the ESADE is going to be quite a bit harder for the residence, financially, in terms of goals, and also personally with your significant other.... that's a lot of wars to fight. I am sure you could win all of them individually but when they all come at the same time, sometimes it is just too much...
My suggestion would be to make the decision with your SO and make the decision together. You would need to outline the pros and cons and your excitement/interest in each program. At the same time, if you are looking to get your startup going during school, not sure you will need the career services all that much so probably good they won't be bugging you. As to being aligned with your classmates, that is something that can be fixed. I am certain there are going to be some impressive people in your class. Possibly younger but there will be a group of 5-10 people that you will get along well and that's all you need. I was also frustrated and disappointed with my classmates after attending the pre-MBA reception. I felt many people were stuck up, arrogant, etc and were not friendly. That's normal during the first few weeks of school starting and then everyone goes back to normal and you will connect with like-minded people.... also, what's the point of attending an entrepreneurship school that will cripple you with debt? Debt is the biggest enemy of startups since it forces you to shift your focus to a Full Time job and then kills your startup idea since you won't have the time to put into it. Hard to serve multiple masters and do it well at once.
Bocconi is definitely no ESADE but you can make it work pretty well it seems and if you have to be back in Italy anyway for your residence, you would be far from ESADE and closest to Bocconi and there they may be equal in terms of alum and networking. You should also not underestimate yourself. While business schools offer lots of classes, workshops, etc, it is really up to you to take advantage of them and you are the biggest correlation of success. Business schools just provide more opportunities for you to convert but there are no guarantees. If you persevere and can find a way to stay motivated and engaged at Bocconi, I feel it would be a better choice in the long run.
That's my 1cent
I feel the ESADE is going to be quite a bit harder for the residence, financially, in terms of goals, and also personally with your significant other.... that's a lot of wars to fight. I am sure you could win all of them individually but when they all come at the same time, sometimes it is just too much...
My suggestion would be to make the decision with your SO and make the decision together. You would need to outline the pros and cons and your excitement/interest in each program. At the same time, if you are looking to get your startup going during school, not sure you will need the career services all that much so probably good they won't be bugging you. As to being aligned with your classmates, that is something that can be fixed. I am certain there are going to be some impressive people in your class. Possibly younger but there will be a group of 5-10 people that you will get along well and that's all you need. I was also frustrated and disappointed with my classmates after attending the pre-MBA reception. I felt many people were stuck up, arrogant, etc and were not friendly. That's normal during the first few weeks of school starting and then everyone goes back to normal and you will connect with like-minded people.... also, what's the point of attending an entrepreneurship school that will cripple you with debt? Debt is the biggest enemy of startups since it forces you to shift your focus to a Full Time job and then kills your startup idea since you won't have the time to put into it. Hard to serve multiple masters and do it well at once.
Bocconi is definitely no ESADE but you can make it work pretty well it seems and if you have to be back in Italy anyway for your residence, you would be far from ESADE and closest to Bocconi and there they may be equal in terms of alum and networking. You should also not underestimate yourself. While business schools offer lots of classes, workshops, etc, it is really up to you to take advantage of them and you are the biggest correlation of success. Business schools just provide more opportunities for you to convert but there are no guarantees. If you persevere and can find a way to stay motivated and engaged at Bocconi, I feel it would be a better choice in the long run.
That's my 1cent
