Hey everyone.
For the last few months I have been mulling over the possibility of going to school in Australia.
I currently reside in the US and got my undergrad degree in business from a local University and I was hoping to do something better for myself for grad school.
Local schools here, if I go to a public University would cost me around $15,000-$20,000 for the entire MBA program (2 years) if I live at home, and probably around $40-$100k if I go somewhere decent and/or live on campus. In Australia I can get a Master of Commerce for around $40,000 with cost of living and tuition included.
So twice the price as staying home , but half the time (these programs seem to be around one year there).
I would most likely need to borrow the full $40,000 for Australia. I have some savings and such but I would probably want to reserve that for unforeseen spending or for entertainment while I'm there.
I was already accepted in to University of Newcastle and University of Western Sydney. I am awaiting responses from Macquarie Univeristy (my top choice) and University of Sydney. I don't think I should have much of a problem since I had an undergrad GPA of 3.7 out of 4.
The main thing I am looking for is experience. I want to learn the material well and get some new ideas and perspectives. I am entrepreneurial so having it look good on my resume is optional, but welcome, as well, as I'd probably need a steady job for a few years to pay off the debt before launching into my own ventures.
The field I want to focus on is Marketing, so if I get an MBA here I'd focus on Marketing, or if I go there I'd get a Master of Commerce in Marketing.
So my questions for all of you (especially those in Australia, but for everyone in general) is what would you think of getting a masters degree in Australia?
Is it worth the $40,000 loan?
What's it like over there, if you've been/live there?
Would you go abroad to get a degree if you were in a similar situation?
All feedback is appreciated. Thanks!
For the last few months I have been mulling over the possibility of going to school in Australia.
I currently reside in the US and got my undergrad degree in business from a local University and I was hoping to do something better for myself for grad school.
Local schools here, if I go to a public University would cost me around $15,000-$20,000 for the entire MBA program (2 years) if I live at home, and probably around $40-$100k if I go somewhere decent and/or live on campus. In Australia I can get a Master of Commerce for around $40,000 with cost of living and tuition included.
So twice the price as staying home , but half the time (these programs seem to be around one year there).
I would most likely need to borrow the full $40,000 for Australia. I have some savings and such but I would probably want to reserve that for unforeseen spending or for entertainment while I'm there.
I was already accepted in to University of Newcastle and University of Western Sydney. I am awaiting responses from Macquarie Univeristy (my top choice) and University of Sydney. I don't think I should have much of a problem since I had an undergrad GPA of 3.7 out of 4.
The main thing I am looking for is experience. I want to learn the material well and get some new ideas and perspectives. I am entrepreneurial so having it look good on my resume is optional, but welcome, as well, as I'd probably need a steady job for a few years to pay off the debt before launching into my own ventures.
The field I want to focus on is Marketing, so if I get an MBA here I'd focus on Marketing, or if I go there I'd get a Master of Commerce in Marketing.
So my questions for all of you (especially those in Australia, but for everyone in general) is what would you think of getting a masters degree in Australia?
Is it worth the $40,000 loan?
What's it like over there, if you've been/live there?
Would you go abroad to get a degree if you were in a similar situation?
All feedback is appreciated. Thanks!