Maddy1621
Quick Intro:
Indian Male, undergrad in electrical engg from no name college in India, and Masters in US in MIS from okayish univ.
Have been working in US for 6+ years in supply chain and logistics. Currently working as consultant/customer success manager.
Post MBA Goal: LDP or internal strategy in industry/retail. Consulting is something I am still contemplating but i like the $$ and prestige of MBB/T2.
Location: While, I love loving in US and Canada, I don’t mind moving to Europe or Middle East provide i have better career prospects.
Ivey Canada:
- Schools seems to be focused on Consulting and Finance.
- Big4 consulting in Canada would mean earning less than what I make in US currently
- Finance industry is out of question for me. - MBB/T2 is difficult.
- LDP roles mainly in banks. Couple of positions in Amazon/FMCG. Apart from Amazon rest pay peanuts
- I have a Canadian PR already, possibility of Citizenship in future
- Current cost of living is off the roof
- Alumni network is great, spoke great about the program. But disappointed with salaries
- Received scholarship
- Total tuition plus living expenses: Approx USD 60k
HEC:
- Alumni network is decent and widespread
- Alumni unhappy with opportunities atleast this year
- Putting in the right effort and using the networking and career center opportunities will help immensely, as per alumni feedback
- My heart wants me to go to HEC while my finances want me to chose Ivey
- Possibility of internship
- Can target more industries and geographies, provided the language barrier exists
- LDP roles possible
- Love the campus and the thought of moving to Europe. You live only once and most likely only one MBA
- Consulting recruiting better than Ivey for MBB OR Tier 2
- More global and better rankings
- Comes with a huge price tag
- Total tuition plus living expenses: USD 120k
In both cases: I will be taking a loan for tuition. While IVEY seemsa straight forward choice given I have a PR and it costs half of what HEC would cost.
I am wondering if HEC would be worth provided there is more variety in terms of different industries and global (Europe, Middle East and some options in Asia/Canada) nature of opportunities. ONLY thing stopping me going with HEC is the price difference and if it’s worth.
I don’t mind settling in Europe or Middle East. The huge loan makes me nervous. I did reach out for funding from HEC but I was asked to retake GRE or GMAT. But, my deadline for deposit is May 18.
Your inputs would be really helpful.
Posted from my mobile device
Maddy1621 hope this finds you wellFrom a cost perspective, the Ivey MBA seems like an incredibly good deal. But the cost isn't always the only factor driving candidates to choose a particular MBA program. You've already expressed that your heart is set on HEC Paris. Why might that be? Perhaps because you're not yet ready to settle for what's easily available- a life in Canada with a predictable but less adventurous path in retail or sector-specific consulting/LDP. If you still feel a sense of adventure and curiosity about what opportunities lie particularly in the EU/ME or other regions (closer to home maybe!), then follow your heart. The only chances you'll regret are the ones you don't take. But having said the above, dont undermine the importance of re taking the GMAT. I am often left surprised how candidates who seeming set high goals for themselves lose out on negotiating finances because they ran out of fuel for the GMAT/GRE exams.
The most important questions to answer would be:
- Where do you see yourself living or settling - Canada, or definitely not Canada (somewhere in the EU, ME, Asia)?
- Do I want to push boundaries through an MBA at this point and see what I am capable of achieving (or not. and neither option is a bad choice, just a matter of preference and your risk-taking ability)?
Best wishes
Aanchal Sahni (INSEAD MBA alum, former INSEAD MBA admissions interviewer)Founder, MBAGuideConsulting
LinkedIn |WEBSITE:
https://mbaguideconsulting.com/| Message(WA): +91 9971200927| email-
[email protected]
Thanks for sharing your take. My heart is at HEC because of the diverse opportunities not limiting myself to few retail/ lconsulting only opportunities at IVEY. Also i like the adventurous and more diverse experience of HEC.
But, my confusion is will the extra stretch on finances be worth especially given the language barrier in EU and competitiveness for few English friendly pockets in EU or other areas HEC can take you.
You are right that the IVEY journey is predictable and may be easy comparitivey. Hence the dilemma if it is worth the financial burden for HEC. I am fine not relying on PR or settling down in Canada. But is it worth giving it away for HEC is something I am still not clear about.
Also I will be around 35yrs old when i graduate, so not sure if it is wise to take the risk.