| Topic Name: |
MBA 2001: A Jobless Odyssey |
| Message Name: |
Top Tier to a point.... |
| Date Posted: |
04/09/2001 |
| In Reply To: |
Now that you've exposed yourself as one of the jealous ones, I feel the need to explain just how ignorant you are.
I started out in a well regarded state MBA program. Due to a state veterans grant, all my tuition and fees were covered. Additionally, I received GI Bill benefits from the federal government. I actually made money while being educated each semester!
The average undergrad GPA of the students was 3.25 (not bad at all) and an average GMAT of 540 (typical of 2nd tier & state schools). This would have been fine for most students but I was bored out of my mind. I often knew more than the professors about topics in which I had experience and my classmates were certainly not "intellectuals". They were not dumb in any sense but not impressive either. After 2 semesters of straight A's, I knew I owed it to myself to look into a top program.
With my 740 GMAT and 4.0 at the state school, I was accepted into Kellogg. I would now be spending $60K for an MBA instead of being paid to pursue it. It was the best move I've ever made! The professors here are AMAZING! Absolutely night and day versus the state program. If you even think the education can be compared, you have NEVER sat in on a top-tier class.
The students here are also brilliant so the class can progress much faster and delve much deeper without anyone getting lost and asking stupid questions. The knowledge that these top students bring to the learning environment cannot be found in a program with a sub-600 GMAT average.
Call it elitist and unfair (as you less intelligent types often will) but the fact remains that top tier schools are worth every penny.
If top grads are only getting modest offers due to ill market conditions, imagine the crap offers the lesser MBA's are getting. I will never regret my decision, and with any luck the market will recover before I graduate. I will smile as I get my $100K+ offer while you get $60K. Read it and weep O' envious one.
Sincerely,
Your future boss |
| Message: |
I will agree that the top tier schools are generally better however, I will disagree with your that they are worth every penny. I go to a state school in New Jersey and got an offer in the six figures for corporate finance. Now, You may have gone to a better school but look at how much debt you had to pile on, and in the end we are compensated at the same level. The Whartons and the Harvards of the world are great but lets not "knock" the states schools as being inferior.
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