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kriti4654
Joined: 28 Oct 2022
Last visit: 15 Jun 2023
Posts: 83
Own Kudos:
Given Kudos: 55
Location: India
Schools: Marshall '25 (II) Tepper '25 (A)
15 May 2023, 02:48
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Hi everyone,
I'm having a hard time deciding between LBS and Tepper at the moment.
I'm from a finance (ACCA UK) and short consulting background and I'm intending to move into Management Consulting. I do not have any strong preference for location.
In terms of ranking, LBS beats Tepper by a big gap.
However, in terms of the economy, the US economy has a lot more opportunities and higher pay scales. The UK is going down and nothing is very certain. I'm from India, settled in the Middle East. Tepper is about $40k cheaper than LBS although I do not want to give it much weight age since I’m looking at this as a life long investment.
What's your thought on this? Do I go with the better ranking/ program or the location with more certainty?
Posted from my mobile device
I'm having a hard time deciding between LBS and Tepper at the moment.
I'm from a finance (ACCA UK) and short consulting background and I'm intending to move into Management Consulting. I do not have any strong preference for location.
In terms of ranking, LBS beats Tepper by a big gap.
However, in terms of the economy, the US economy has a lot more opportunities and higher pay scales. The UK is going down and nothing is very certain. I'm from India, settled in the Middle East. Tepper is about $40k cheaper than LBS although I do not want to give it much weight age since I’m looking at this as a life long investment.
What's your thought on this? Do I go with the better ranking/ program or the location with more certainty?
Posted from my mobile device
yashikaaggarwal
Senior Moderator - Masters Forum
Joined: 19 Jan 2020
Last visit: 29 Mar 2026
Posts: 3,089
Given Kudos: 1,510
Location: India
Schools: Cranfield (A) Warwick MiM "23 (M)
GPA: 4
WE:Analyst (Internet and New Media)
15 May 2023, 09:30
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Congratulations on both offers. Choosing between LBS and Tepper can be a difficult decision. Here are a few insights upon the schools:
1. Reputation and Ranking: LBS has a strong reputation and a higher ranking compared to Tepper. This can positively impact your resume and open doors to a broader network of alumni and industry connections.
2. Career Opportunities: The US economy does offers a larger market and more opportunities, especially in fields like management consulting. Higher pay scales can be attractive. However, it's important to note that LBS has a global reputation and alumni network, which can also provide valuable career opportunities worldwide.
3. Personal Preference: If you have a strong desire to work in the US or leverage the opportunities it offers, Tepper may align better with your aspirations. However, if you are open to global opportunities and value the international exposure that LBS provides, it could be the right choice for you.
4. Cost: Tepper can be an economical choice, given London itself is crazy expensive. Even if you are investing in long-term goals, Tepper has a good reputation I wouldn't rule out Tepper as a school because of long-term needs more investment. Might try finding LBS and Tepper alumni on Linkedin will give you a rough sketch of return on investment.
5. Brexit and Economic Uncertainty: The UK's economy has indeed experienced some uncertainty due to Brexit. However, London remains a major financial and business hub with strong global connections.
Ultimately, the decision should be based on a combination of factors, including your career goals, personal preferences, and potential return on investment. It will be helpful to reach out to current students, alumni, and career services at both schools to gain more insights and perspectives. Good luck.
Posted from my mobile device
1. Reputation and Ranking: LBS has a strong reputation and a higher ranking compared to Tepper. This can positively impact your resume and open doors to a broader network of alumni and industry connections.
2. Career Opportunities: The US economy does offers a larger market and more opportunities, especially in fields like management consulting. Higher pay scales can be attractive. However, it's important to note that LBS has a global reputation and alumni network, which can also provide valuable career opportunities worldwide.
3. Personal Preference: If you have a strong desire to work in the US or leverage the opportunities it offers, Tepper may align better with your aspirations. However, if you are open to global opportunities and value the international exposure that LBS provides, it could be the right choice for you.
4. Cost: Tepper can be an economical choice, given London itself is crazy expensive. Even if you are investing in long-term goals, Tepper has a good reputation I wouldn't rule out Tepper as a school because of long-term needs more investment. Might try finding LBS and Tepper alumni on Linkedin will give you a rough sketch of return on investment.
5. Brexit and Economic Uncertainty: The UK's economy has indeed experienced some uncertainty due to Brexit. However, London remains a major financial and business hub with strong global connections.
Ultimately, the decision should be based on a combination of factors, including your career goals, personal preferences, and potential return on investment. It will be helpful to reach out to current students, alumni, and career services at both schools to gain more insights and perspectives. Good luck.
Posted from my mobile device
cultureshock5889
GMAT 1: 720 Q48 V41
Posts: 26
17 May 2023, 10:44
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Overall, I think it comes down to your priorities. Based on what you've said, I would choose LBS (maybe slight bias given I went there).
But here's a few things to consider.
1. Salary
No question, US salaries are higher than the UK for an equivalent job. Also, UK taxes are awful - especially if you've been in the Middle East with low/zero taxes, your net salary will appear to be awful. If you get a post-MBA job at the big management consulting firms, you'd probably be in the highest/2nd highest tax bracket. So if this is a really important factor, I would look at the US.
2. Getting a job
This is where LBS has the edge in the UK over Tepper in the US. It's not about comparing LBS to Tepper. It's about comparing LBS to the other UK/European schools and Tepper to other US schools. At LBS, you're on a similar 'level' to INSEAD, Oxbridge, and probably a bit better than some of the other schools. In the US, you will be competing with the Ivy's + Stanford, Sloan, Stern, Anderson, Haas, etc.. So it may be easier to brand yourself as a top candidate at LBS in the UK compared to Tepper in the US. Again, both schools are great. But it's about where your competition comes from.
3. Job Opportunities
This is also a bit of a 50-50 scenario. I wouldn't say the UK economy is "going down" significantly enough for it to be a concern in terms of getting jobs in management consulting. And if your intake is 2023, you'd graduate in 2025 by which time we hope the economy would have recovered more. The US is generally more stable so if stability is important, a job in the US would be better.
In the UK, you also may get to work with other European teams. It's quite common to work with people from France, Belgium, the Netherlands, Germany (so mainly Western Europe). This may be interesting if you're hoping for a more international work experience. In the US it may be a bit more domestic. Having said that, the US is huge to even domestic work might feel varied enough.
4. Post-grad visa status
I think all international students are concerned about visas. Both the UK and US have their benefits and drawbacks when it comes to visas. Personally, I prefer the UK's system because it's more transparent/certain compared to the lottery system in the US. In the UK, if you get a job offer from a company that is a visa sponsor (most global management consulting firms are sponsors), you will get a visa (unless you have a criminal record / fail the background check). If you don't get a job with a visa sponsor, you can still work for up to 2 years in the UK for any company. Not an expert on the US system, but the need for a lottery in the long-term adds some uncertainty.
But here's a few things to consider.
1. Salary
No question, US salaries are higher than the UK for an equivalent job. Also, UK taxes are awful - especially if you've been in the Middle East with low/zero taxes, your net salary will appear to be awful. If you get a post-MBA job at the big management consulting firms, you'd probably be in the highest/2nd highest tax bracket. So if this is a really important factor, I would look at the US.
2. Getting a job
This is where LBS has the edge in the UK over Tepper in the US. It's not about comparing LBS to Tepper. It's about comparing LBS to the other UK/European schools and Tepper to other US schools. At LBS, you're on a similar 'level' to INSEAD, Oxbridge, and probably a bit better than some of the other schools. In the US, you will be competing with the Ivy's + Stanford, Sloan, Stern, Anderson, Haas, etc.. So it may be easier to brand yourself as a top candidate at LBS in the UK compared to Tepper in the US. Again, both schools are great. But it's about where your competition comes from.
3. Job Opportunities
This is also a bit of a 50-50 scenario. I wouldn't say the UK economy is "going down" significantly enough for it to be a concern in terms of getting jobs in management consulting. And if your intake is 2023, you'd graduate in 2025 by which time we hope the economy would have recovered more. The US is generally more stable so if stability is important, a job in the US would be better.
In the UK, you also may get to work with other European teams. It's quite common to work with people from France, Belgium, the Netherlands, Germany (so mainly Western Europe). This may be interesting if you're hoping for a more international work experience. In the US it may be a bit more domestic. Having said that, the US is huge to even domestic work might feel varied enough.
4. Post-grad visa status
I think all international students are concerned about visas. Both the UK and US have their benefits and drawbacks when it comes to visas. Personally, I prefer the UK's system because it's more transparent/certain compared to the lottery system in the US. In the UK, if you get a job offer from a company that is a visa sponsor (most global management consulting firms are sponsors), you will get a visa (unless you have a criminal record / fail the background check). If you don't get a job with a visa sponsor, you can still work for up to 2 years in the UK for any company. Not an expert on the US system, but the need for a lottery in the long-term adds some uncertainty.
kriti4654
) - it is all about what you spend. 
but I think you will find people in the exact same situation in LBS and Tepper who made a choice for one reason or another, so you just have to trust and let go type of thing. 
