BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

Preparing to move to your new home

Talk to current MBA students about life in MBA programs (not for app advice/discussion)
This topic has expert replies
User avatar
Newbie | Next Rank: 10 Posts
Posts: 4
Joined: Mon Apr 14, 2014 3:38 am
Thanked: 1 times
Followed by:4 members

Preparing to move to your new home

by topdogmba » Sun Aug 23, 2015 3:55 pm
Hi everyone. I'm finally on my way to Boston to start my MBA at MIT Sloan.

For those of you lucky enough to be moving to a new city/State/country to embark on your MBA I wanted to share my key checklist for your reference.

Checklist for Offer:

- Finalise verification process, i.e. how your b school will check all the details you provided in your application (be warned!) - it involved a lot of prompting from me (my status is still a mystery) as well as a request to defer my employment check (until I resigned)
- Complete Medical Report form - to be eligible to use b school's medical facilities and (I think) enrol in classes
- Create headshot - used in school photobook (seen by all your classmates)
- Resign from job, return cell/keys/pass/laptop etc.
- Summer academic preparation - take diagnostic tests (if applicable) and bone up on any weaknesses. Not loving Calculus right now and way behind on micro-economics but I'm sure it will be fine...
- Read unofficial student guide - past and current Sloan students put together a really helpful instruction manual for newbies, which I've referred to time and time again :)
- Complete incoming student survey - also used to select electives and tracks (if applicable) so requires some planning

Accommodation:

- Decide location and agree 'must haves'/'desirables' - this could be a whole post in itself(!) as it took a whole week in Boston to find somewhere that worked and was still available at the end of the day. Be flexible!
- Get pay-as-you-go phone - saved a fortune in US calls to realtors during that week (see above)
- Take out renters insurance
- Agree UK 'farewell tour' dates - complicated for me since I don't live in my home country and needed to say farewell to family, friends etc.
- Hotel for first night in US - we arrived at 8pm local time, it was great to have a cooked breakfast the next day before we moved into our new home!

Finance:

- Send in Graduate Loan Application Form - think this is a standard requirement for US students to be eligible to apply for financial aid
- Open bank account in US (I went with MIT's Federal Credit Union for the time being)
- Create a cost of living budget - useful to plan when cash is needed if you don't hold a lot of US Dollars...
- Unwind investments and convert to USD - worth thinking about if your college fund is invested in equities and the global economy has gone to pot! ;)
- Get UK/US tax advice - again, complicated for me given I don't live in my home country and had(have) no idea if I'll stay in the US post-graduation
- Submit final receipts for local health insurance cover (before it expires) - I managed to get most of my vaccinations free!
- Look into social security scheme in UK (or your home country) - worth considering as you'll be out of the workforce for two years

Legal:

- Research visa application process, obtain I-20 certificate, go to US Embassy - self-explanatory and most b schools will help you with this, but obviously very important to be ready in time (note to Round 3 applicants!)
- Check out visa and immunisation requirements for my dog - this was actually more complicated than the human visa process!

Travel and Healthcare:

- Research flight options and book - keep in mind there may be restrictions on your visa about when you're allowed to enter the US (30 days prior to registration day in my case)
- Research cargo options for my dog, obtain Health Certificate, update passport etc. - more complicated when conducted in your non-native tongue!
- Arrange furniture transportation to US, complete insurance form, US Customs forms etc. - worth paying your haulier to handle in my opinion
- Sell car :( and arrange hire car for last few weeks
- Compare student medical health plans and enrol, check translations (problem for me as my kids' medical records are in Greek)
- Check life insurance and critical illness cover - hopefully not a major issue for most of you but when you have kids...
- Check which immunisations (MMR, Hepatitis B, Varicella, Meningococcal Polysaccharide) are required - it turned out I wasn't properly immunised against several diseases; useful to know!

So it was a bit of a random order but I hope it helps to get a few ideas in your heads when you've got an offer (or offers!) on the table.

Please check out the original post here https://topdogmba.com/2015/08/20/ticket-to-ride/ and my blog site for more advice and tips https://topdogmba.com/
TopDogMBA - A Reapplicant's Tail - https://topdogmba.com
Source: — MBA Student Life |

User avatar
Master | Next Rank: 500 Posts
Posts: 380
Joined: Wed Aug 19, 2015 9:49 am
Thanked: 13 times
Followed by:7 members

by Michael@VeritasPrep » Sat Oct 24, 2015 12:39 pm
One thing to add...enjoy the process! Not very often will you get to make such a huge change in your life and I think people often make the mistake of getting so bogged down in the process and hustle and bustle of business school they forget to stop and smell the roses!