Wow! Congrats! Awesome result and Kellogg with a modest scholarship is an awesome result.
I can tell you that a lot of people here would gladly attend any of these business schools without any kind of scholarship 😂
It is hard to quantify the value or the ROI proposition. We do have a few topics in this sub forum that attempt to assign dollars to ranking and positions but it becomes very hard to do that when it touches your life and your own future.
Many of us Lena certain way and have a sense of where they would like to go so I don’t want to disrupt your inner direction. There’s no wrong choice in the situation and no one could fault you for taking one versus another.
I would say that being at Kellogg does present you with potentially more opportunities to land in MBB. At the same time, the chances of getting recruited or something around 2% and even if you double those chances, it is still only 4% and I am not sure that spending an extra hundred thousand dollars is worth those 4%….
Both schools would have MBB recruiting on campus which is nice. Obviously, you would have a lot more alarms in the Chicago office from Kellogg and if you were planning to settle in Chicago, you’re definitely better off going right there. I can also see going for Kellogg and passing on the scholarship if you have a pretty weak undergrad brand or no brand at all in terms of your work experience and undergrad. It is nice to have a strong Brandon your résumé and perhaps better to have a couple but I’m not sure I’m willing to pay 100 grand for that either.
Now, at the same time I just heard from one of the recent business graduates who graduated last spring and had to recruit during Covid and all end of the job in the summer paying obviously over 100,000. They have just recruited to join another company and got an offer that is a 75% increase versus their last year‘s salary. So they easily made an extra 75 to 100 grand. Obviously there a taxes and all that crap but my point is that unless you’re having financial hardship or quite a few loans from undergrad, funding is a problem you will be able to solve.
The funny thing is that me today and me 10 years ago would’ve made different choices. 10 years ago when I thought my whole future was in front of me, I wasn’t worried so much about the cost. I was buying once in a lifetime experience and I wanted it to be the right one and I didn’t want money to sell my dream. The same time, now knowing what I know, Business school is a tool. A lot depends on the person using it and you can do well with an average tool and you can do well with a bad tool over the amazing tool but you can also screw things up with a good tool. Having more confidence in myself, I could see using not top-of-the-line tool and saving a bit of money along the way. The cheap guy I am 😂
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