Hello,
I have been lurking on this forum for years and finally am requesting help with an upcoming decision that I need to make regarding my MBA in the next 3 weeks.
I recently received an acceptance for both Kellogg Evening/Weekend and Stern's Part-Time MBA programs. I currently work remote in strategy for a biotech startup, although I live in NYC, I could relocate to Chicago to attend Kellogg. I am struggling with the decision, and would like advice from anyone who had a similar decision to make, or who is knowledgable about both programs:
Background:
- 25-30 yr old male
- Graduated UCLA in 2017-2020, degree in life sciences, GPA 3.6
- GMAT: 700
- I have worked for the same biotech startup for 6 years since graduation: started in sales--> Product Management--> leading strategy and owning P&L for a business unit (6 promotions). 1 of the 5 most tenured employees out of 150 total.
Goals:
Seeking to leverage an MBA from one of these institutions to seek roles at larger companies after my current company exits (career accelerator), also interested in a slight pivot to health tech in the future, and eventually, would like to start my own business. I think an MBA will give me additional credibility needed to accelerate career since while my promotion trajectory is very impressive, not many people have heard of our startup. While I think I am close to being competitive for top full time MBAs, I did not consider full time since I am making post-MBA money (~250k+) and am a substantial equity owner in my company.
Kellogg Pros:
- Biotech/Healthcare curriculum seems to be much stronger, higher % of students in my industry
- Lower acceptance rate, higher ranked and an M7 (idk if this matters as much for part time vs full time)
- Student body seems more impressive (visited a class for each and have spoken to a few students from each)
- OCR seems more accessible?
- I like the collaborative Kellogg culture
- Lower CoL as I would be paying for a portion of the degree
Stern Pros:
- Location in NYC, currently located here and I love it. Tons of friends here but no family ties here so I could leave for the right opportunity
- NYC area/East Coast has a higher concentration of the roles I would seek post-MBA
- Healthcare becoming a new focus for Stern, according to adcom, but still not as impressive as Kellogg
- Have a stronger network of peers in NYC from my college days, not necessarily in biotech though
Kellogg is definitely overall a better fit, but are the programs similar enough that it is negligible? Both are in the top 4 for part time MBA rankings. I definitely prefer NYC to Chicago and could see myself staying here permanently post MBA.
My employer will be sponsoring a portion either way so the tuition cost difference is negligible.
I was initially only going to apply to Stern since I am based in NYC, but I heard great things about the Kellogg evening program so I applied. The more I have dug into stern the less attractive it has become compared to Kellogg– much larger student body and lower acceptance rate, less of a cohort style, limited access to OCR. Is kellogg really that much better of a program?
For those of you who considered both, are these programs similar enough that career outcomes are the same? Is location a good enough reason to choose Stern?
Thanks in advance!