Thursday, October 4, 2007

B-schools?

After conducting extensive research on the best B-schools and what it takes to land a spot in a highly regarded program, I feel like I know as much now as when I first started.

It is extremely frustrating trying to decide where to go, how much will it cost, what kind of time frame.....the list goes on.

The conclusion I reached: GO WHERE YOU WANT TO GO, WHEN YOU WANT TO GO, BUT YOU'RE GOING TO GET WHAT YOU PAY FOR......SO TRY AND GET INTO A TOP SCHOOL BECAUSE IT DOES MATTER IN CORPORATE AMERICA!

I also believe individuals looking to "check a box" underestimate the value in getting in to a top notch school. The instructors, curriculum, and environment may not differ significantly from a lower level program; however, the value added comes from the quality of students in the class. NETWORKING, NETWORKING, NETWORKING! In class discussions, case studies, and relationships formed are what really matters.

I do not plan to attend B-school until I can get into a top notch program.... (U of A, Harvard, Stanford, Penn, Northwestern, etc......I guess I am hoping for a very high GMAT score!)

However, there are those who disagree with the value of an MBA , and that it may not serve as a differentiator anymore. I don't agree with Penelope Trunk here, but interesting nonetheless. B-school Confidential: MBAs May Be Obsolete

If you have any experience with B-school, please feel free to comment.

7 comments:

Andrew Pratt said...

In my opinion, it seems that the MBA is the college of old. What I mean by that is that more and more people are getting a master's degree, and because of that, your's needs to distinguish itself compared to everyone else's because a lot of people can get them easily now. We are in the same boat on this situation, and it starts with the GMAT. Dr. H told me to get an MBA in a region where I would want to potentially live. Unless it is a really top tier school, It wouldn't make too much sense to get an MBA at Minnesota if I wanted to live in California. Likewise, if I wanted to live in Colorado, maybe I would look at going to Boulder. One thing will stay constant though; we will have to pay for the education that we get. The AF cannot cover our aspirations.

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