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jeonacivil
GMAT 1: 750 Q48 V44
Posts: 23
Updated on: 15 May 2023, 12:03
Originally posted by jeonacivil on 26 Apr 2023, 16:33.
Last edited by jeonacivil on 15 May 2023, 12:03, edited 2 times in total.
Last edited by jeonacivil on 15 May 2023, 12:03, edited 2 times in total.
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Hello Folks!
After a 6-month roller-coaster ride, I have received admits from Kellogg, Rotman, and Duke. Now it is decision time!
About Me:
I am a Canadian civil engineer with nearly 8 years of work experience in engineering consulting. I worked for two years in the mining industry in Central Canada before moving to Ontario and working predominantly on municipal infrastructure and residential/commercial development projects. My post-MBA goal is to pivot to management consulting (at least for now!).
Kellogg (CoA:$250K)
Pros:
Cons:
Rotman (CoA:$45K)
Pros:
Cons:
Duke:
Kellogg has a bigger brand name. However, Rotman is a top school in Canada. If I can break into MBB from either school, does the Kellogg brand really help in the second or third job?
Are exit opportunities significantly better in the US? Being an international grad (H1B/TN), there is also the uncertainty of how long I can stay in the US.
TL;DR: I am deciding between Kellogg and Rotman. Is a Kellogg MBA worth the extra $200,000?
P.S.: Worst-case scenario, I can fund nearly 50% of the additional $200K.
bb
After a 6-month roller-coaster ride, I have received admits from Kellogg, Rotman, and Duke. Now it is decision time!
About Me:
I am a Canadian civil engineer with nearly 8 years of work experience in engineering consulting. I worked for two years in the mining industry in Central Canada before moving to Ontario and working predominantly on municipal infrastructure and residential/commercial development projects. My post-MBA goal is to pivot to management consulting (at least for now!).
Kellogg (CoA:$250K)
Pros:
- Brand name: rankings keep varying but I’d say it’s #5 and can open doors for me.
Consulting powerhouse: things are slowing down but in general Kellogg is considered a consulting machine
US work ex: Will give me an opportunity to work in the US
Cons:
- High cost of living in Evanston.
Will graduate with a ton of debt in financially uncertain times.
I will have to spend some time away from my wife as she won't be able to move with me (unless she can find a new job).
Rotman (CoA:$45K)
Pros:
- It is a feeder school for MBB in Canada.
No disruption to personal life - instead of going to work, I’ll be going to school. No moving/signing leases etc.
Significantly cheaper than Kellogg, with a high-level cost differential of approximately $200K.
Cons:
- Recruiting: MBB numbers are lower (7% vs 15% of class)
Compensation: Outside of MBB, post-MBA salaries in Canada are significantly lower
Exit Ops: Based on my outsider perception/word of mouth, very limited exit ops post-consulting that can match consulting salaries in Canada
Duke:
Kellogg has a bigger brand name. However, Rotman is a top school in Canada. If I can break into MBB from either school, does the Kellogg brand really help in the second or third job?
Are exit opportunities significantly better in the US? Being an international grad (H1B/TN), there is also the uncertainty of how long I can stay in the US.
TL;DR: I am deciding between Kellogg and Rotman. Is a Kellogg MBA worth the extra $200,000?
P.S.: Worst-case scenario, I can fund nearly 50% of the additional $200K.
bb
26 Apr 2023, 16:50
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Congratulations on your admits.
To answer your question, the value of the business school tends to degrade over time. It has a half-life let’s say… think about it as you would think about your undergrad now. Would you be relying on your undergrad net work to find a job? You definitely can if you’re in a bad situation and you’re trying to pivot, it can serve as a safety net. At the same time, do you not gonna be calling up somebody three or five years later, instead you think somebody you’re working with or somebody you used to work with who moved to a different company. So if you’re going to Consulting and three years later you want to exit, and you want to look for a job, you definitely can ping your classmates and ask for a referral. There’s definitely a lot of movement among MBA graduates during the first two years. But five years later it’s a much smaller group, only the people you’ve been keeping in touch with.
The job market in the US is quite a bit better. We’ve been consulting jobs pay better as far as I know. You may have better information being in Canada but usually the US job market is more diverse in more robust and the word crazier 😂 the tech job market was amazing with some business cool grads making 350k just 2 years after. Not sure when this will be repeated but I think those jobs are going to come back sooner or later.
I think if you are OK taking your chances in Canada, and if you would rather stay there and work there, I don’t think it makes sense to go to Kellogg. Toronto and Ontario will always be a stronghold for Rotman. You will have more alarms there, more people to connect with, etc.
There are always questions about consulting recruiting. It happens to be competitive. There’s no guarantee you get into the top-tier MBB… can you get through the interview and does your background help you recruit for a particular role? Is it Consulting or bust? 😇
Posted from my mobile device
To answer your question, the value of the business school tends to degrade over time. It has a half-life let’s say… think about it as you would think about your undergrad now. Would you be relying on your undergrad net work to find a job? You definitely can if you’re in a bad situation and you’re trying to pivot, it can serve as a safety net. At the same time, do you not gonna be calling up somebody three or five years later, instead you think somebody you’re working with or somebody you used to work with who moved to a different company. So if you’re going to Consulting and three years later you want to exit, and you want to look for a job, you definitely can ping your classmates and ask for a referral. There’s definitely a lot of movement among MBA graduates during the first two years. But five years later it’s a much smaller group, only the people you’ve been keeping in touch with.
The job market in the US is quite a bit better. We’ve been consulting jobs pay better as far as I know. You may have better information being in Canada but usually the US job market is more diverse in more robust and the word crazier 😂 the tech job market was amazing with some business cool grads making 350k just 2 years after. Not sure when this will be repeated but I think those jobs are going to come back sooner or later.
I think if you are OK taking your chances in Canada, and if you would rather stay there and work there, I don’t think it makes sense to go to Kellogg. Toronto and Ontario will always be a stronghold for Rotman. You will have more alarms there, more people to connect with, etc.
There are always questions about consulting recruiting. It happens to be competitive. There’s no guarantee you get into the top-tier MBB… can you get through the interview and does your background help you recruit for a particular role? Is it Consulting or bust? 😇
Posted from my mobile device
26 Apr 2023, 16:51
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PS. I agree with you about Fuqua. However, if you got into Kellogg, there’s a good chance you’ll get some money from Fuqua. What’s 50% scholarship be significant enough? I got was probably make it 50% more than Rotman.
Posted from my mobile device
Posted from my mobile device
