How He Paid for His MBA
Patrick financed his MBA with Wells Fargo private loans, about $5,000 less than the estimated one-year budget.
He advises that most students spend $500-$1,200 on clubs for the year, but it’s worth it, since the majority of the costs can be considered to be dedicated for professional recruiting. He also notes that Wharton has vast international opportunities throughout the year to almost anywhere in the world, and although trips are expensive, educational loans can cover some of them. Once enrolled, he says most of these “trek” and “ventures” will be almost all-inclusive without airfare.
Patrick says that the two-year experience at Wharton will be expensive but can be done within economic reason. He says, “It’s important to balance your goal for what you want to spend your money on and the experiences you will have.”
He advises that it’s one of the few times in life that you’ll get travel with friends for extended periods. “You should take full advantage of the opportunity – even if one or two international trips set you back financially a little bit,” he says.
A Philadelphia native transplanted to California for 15 years, Patrick’s back in Philly at 23rd and Walnut, next to the Schuylkill River, just 7 blocks from campus. He advises, “Ask questions to second-year students and the Financial Aid Office; the process can be overwhelming and both are extremely helpful resources.”
University of Southern California, BS, Economics
Absolute Return & Credit Analyst, Capital Markets Analyst, Hall Capital Partners LLC; High School Math Teacher, Teach for America