Full ride at Notre Dame or $150K at Harvard/Wharton
I recently got accepted to B school at Notre Dame for the accelerated 1 year program (9-week crash course and then join the 2nd year students for their last year) and I received a full ride scholarship. I also got accepted into Harvard and Wharton so tuition will be ~$150k for 2 years. Since Notre Dame is only 1 year I would only give up one year of earnings ~$150k. This make my choice about a $300k difference over the next 2 years. What should I choose? Is it worth it to take out that huge loan for the added benefits of an m7?
Harvard/Wharton are absolutely worth the extra money, 150k is not a lot of money when considering the better opportunities you will get over the course of your career by making this choice.
Wharton/HBS by a 1000. The starting salary from those schools is like 260,000 while ND (which is a fine school btw) is like 140,000. You’ll get ROI within a year-ish. Congratulations, I hope to be in your shoes in a couple of years
literally any buyside job will clear way more than $250k for those that are already finance folk. add in all the new post mba bankers that will get a standard $235k + signing bonus comp packages, yeah if you go into any finance job you’re going to clear $250k.
Oldest brother is an HBS alum. He had offers from each of the MBBs (didn't know what he wanted to do so figured consulting). Has had a fabulous career. His network from both HBS and MBB are stupendous. That may be the biggest value of all. He has told me that between the two, he essentially can get a thought leader response to basically any inquiry within 24 hrs. Has been incredibly helpful while consulting and running companies all over the world.
Yes the starting income from Harvard / Wharton will be stellar, but the long term network effect could be a game changer for your career.