Just an FYI: When you graduate from Rotman you get a free 12-month digital subscription to HBR. Get you hooked then jack up the price.
Just an FYI: When you graduate from Rotman you get a free 12-month digital subscription to HBR. Get you hooked then jack up the price.
Hello, I am a 2009 MBA applicant, by taking an MBA with finance concentration, I am hoping to switch into financial service industry.
Generally, I am having two choices, 1:Rotman 2:US Business schools
Because I am an international student, US schools are without saying much luring. But I also know that Rotman is quite famous for its finance concentration. And I think Rotman is easier to be enrolled comparing to Top20 US schools, so.. And it’s quite close to Bay street, wherears it is hard to get into Stern or Columbia(which are close to Wall Street).
Although I have a lot of interests in Rotman, there are still some drawbacks:
1.The tuition of Rotman is crazy?!! Almost as expensive as HBS!
2.The base salary of Rotman graduats is less than 10k, even some US 30 or 40 could beat it?!
Above are my thinking about Rotman, I wish to hear of your comment and suggestion to me? I appreciate it!!
Hi Riz,
How are you? I stumbled upon your blog and so far have found it amusing and entertaining! I’ve been admitted for 2011 class and find your story very similiar to mine! I am excited and nervous and going to be in a whole wack of debt but hopefully it will be worth it! So the million dollar question… have you found a job… and does that job make you happy?
Cheers mate,
Z
Hey guys,
Sorry for the late reply. I’ve taken the summer off which also means this blog is lightly maintained.
Jacky:
Yes, the tuition’s are the same if you’re an International student (now that the CAD$ is on par with the US$). I think you’ve got a good solid train of thought there. There are a few things… First, I would caution you about is looking at average sallary etc. Remember, on Average, nothing is Average. Second, remember who’s producing the statistics, each school measures things in a way that is to their favour. Finally, I wouldn’t sweat it too much in the end. The school choice won’t make or break you–you’re already choosing between two very good schools and you’ll probably be happy at either.
The way I would look at it is first ask, what’s important to you. I can think of a few possible categories that may or may not apply to you: Quality of the Education, Reputation, Peers, Location, Availability of Industry Professionals, Quality of Life, Recruiting Opportunities, Weather, Cost of Living, Ability to Immigrate yourself and family…
Make a list that includes anything you think is important in the short-term or long-term. Once you’ve done that, give a relative weighting to how important each of these factors are to you (some factors can have the same weight). Force yourself to justify the relative weighting and write down reasons why each is important or unimportant. Then, give a relative ranking to each school on the relative factors. Again, justify the ranking to the best of your ability. Once you’re done you’ll hopefully see some interesting trends that might make your decision easier (you can also just multiply out the number and get one number that signifies how you feel about a school on the whole but I find this somewhat more counter-productive since a lot of the time it’s the smaller differences that more largely influence my decision). I find this approach helpful and it provides me a lot more confidence in my decisions (which is almost more important than the decision itself in some cases).
Good luck and let me know if you need any more help.
Zeeshaan:
Yes, I have found a job. I mentioned it off hand in this post: http://www.tunerds.com/rotman/2007/11/22/im-more-efficient-now-and-random-updates/. I’ll be working at RIM in a Product Management Role. My experience with them last summer lead me to believe that I’d enjoy the job. I haven’t started yet, I’m on a break until the end of August. Once I have started maybe I’ll post an update about how much I like/dislike it.
In the end I’m still slightly a fence sitter on if the MBA was worth it but after talking to a few people I’ve come to the conclusion that the true worth of this degree wont be revealed right away. You have to practice with it use the tools as you progress in your career. The MBA certainly has changed the way I think about problems, the approach I take, and the things I feel are important. It also changed the way people approach me/how the work with me. It is certainly a respected degree. On the whole I’m leaning towards it being worth it.
hey, i am starting this fall 2010 at Rotman. I chanced upon your blog while and surfing wanted to thank you for such a wonderful insight into the whole MBA experience
hey, i am starting this fall at Rotman. I chanced upon your blog while surfing and wanted to thank you for such a wonderful insight into the whole MBA experience