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Is the Wharton brand really that valuable to go on extra debt vs. Kellogg?

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GmatNerd28
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Wharton +25k vs. Kellogg + 70k vs. LBS vs. Haas 03 Apr 2018, 06:56
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Hi guys,

I have been admitted to Wharton with a 25k fellowship, Kellogg with a 70k fellowship, LBS no money and Haas no money. It would be already hard to decide between Wharton, Kellogg and LBS even with no money. Of course Wharton is a big name, but money IS an issue for me. I would have to ask for a loan no matter which school I choose. Kellogg is a great program and its 70k fellowship is amazing. If you were to take debt, would you still choose Wharton even though it didn't offer as much money?

About me: I work at a big four accounting firm doing IB services. I scored 750 on the gmat and I am a male from latin america. I have a startup on the side and my longterm goal is to go full time on being an entrepreneur.

Thank!!

gmatnerd
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shoro
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Wharton +25k vs. Kellogg + 70k vs. LBS vs. Haas 03 Apr 2018, 16:54
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Hi GmatNerd28 - With your long-term goal in mind, which country/region would you like to be based in immediately post-MBA?
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GmatNerd28
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Wharton +25k vs. Kellogg + 70k vs. LBS vs. Haas 03 Apr 2018, 20:35
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Hi Shoro, I am thinking more about the u.s......
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shoro
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Wharton +25k vs. Kellogg + 70k vs. LBS vs. Haas 08 Apr 2018, 15:10
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Cool, my two cents below (which could be completely wrong). Sorry for the long answer - I'm idling my time too much now that my MBA application+decision journey is over haha

If you're confident of getting an H-1B visa to allow you to pursue your entrepreneurial goals in the US after the 12 month OPT, you probably want to enroll in Kellogg.

All things being equal, Wharton is "better" for entrepreneurship , especially with its San Fran campus which is very value-adding for many Whartonites. However all things are not equal for your situation due to 1) money being high up on your priority list, 2) the risk of not getting an H-1B visa is around 50% and you'd probably prefer not paying back your loan on a non-US income as they're mostly lower than US, and 3) the high inherent risk in entrepreneurship compared to other post-MBA careers, so the 50k+ delta (taking into account Wharton's higher expenses) is probably the swing consideration. But hypothetically, if you find a creative way to mitigate one or more of these three things, then Wharton may pip Kellogg. No easy answer, but any of the four options will open the doors you seek!