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14 Nov 2024, 12:48
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I have received an offer from Cambridge Judge Business School MBA, but didn't receive any scholarship despite request for reconsideration. I have a 725 GMAT, high under graduation score and 3.5 years of WE in Consulting.
The cost of the MBA is prohibitively high for me and I'm not sure if I will be able to get the ROI from the program. I plan to pay off the education loan within 3 years, but considering how tough the UK economy and job market is right now, do UK jobs after a Cambridge MBA allow easy repayment of loans? Is the high cost of the Cambridge MBA going to be worth it? Is the job market expected to stabilize anytime soon?
I understand that it is a high risk, high reward situation. What is the job hunting experience like for CJBS MBA graduates compared to other UK schools like Alliance Manchester?
The cost of the MBA is prohibitively high for me and I'm not sure if I will be able to get the ROI from the program. I plan to pay off the education loan within 3 years, but considering how tough the UK economy and job market is right now, do UK jobs after a Cambridge MBA allow easy repayment of loans? Is the high cost of the Cambridge MBA going to be worth it? Is the job market expected to stabilize anytime soon?
I understand that it is a high risk, high reward situation. What is the job hunting experience like for CJBS MBA graduates compared to other UK schools like Alliance Manchester?
MBAGuide
Joined: 24 Jul 2019
Last visit: 22 Apr 2026
Posts: 2,360
Own Kudos:
Given Kudos: 28
Location: India
Concentration: Operations, Marketing
Schools: Insead Sept'18 (A$$) ISB '19 (A)
18 Nov 2024, 00:18
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isz644 contrary to what we may think, schools want to award scholarships to the applicants who need them most. If they firmly believe that you will have the opportunities you want after the MBA, they probably will not give you the financial aid you think you very well deserve. Your past earnings and future potential will be taken into account when deciding whether to award you a scholarship. However, if you are still not convinced, you can list your reasons and have an open dialogue with the school. Sometimes other strong offers/admits or job offers can also help in the negotiations. See what works best in your case.
Best wishes
Aanchal Sahni (INSEAD MBA alumna, former INSEAD MBA admissions interviewer)
Founder, MBAGuideConsulting
LinkedIn |WEBSITE: https://mbaguideconsulting.com/| Message(WA): +91 9971200927| email- [email protected]
Best wishes
Aanchal Sahni (INSEAD MBA alumna, former INSEAD MBA admissions interviewer)
Founder, MBAGuideConsulting
LinkedIn |WEBSITE: https://mbaguideconsulting.com/| Message(WA): +91 9971200927| email- [email protected]
isz644
18 Nov 2024, 07:30
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isz644
Hey isz644 , I hope you are doiong well.
Honestly, high program cost is one of the reasons MBA grads look for consulting post-mba. What you need to do is calculate average salary after deducting loan monthly premium (which is very high these days). On that deduct cost of housing and see what you have for yourself left. With that amount in hand, speak with anyone in London or UK to understand if that is good enough money.
Let us know if any other way we can help. All the best!
Cheers!
Shantanu Sharma
Founder and Admissions Consultant, MBA and Beyond
Email: [email protected]
