| Topic Name: |
Who is hiring? |
| Message Name: |
Top v. Bottom MBAs |
| Date Posted: |
05/02/2003 |
| In Reply To: |
Like all things in life, it depends. I think a top program is more valuable if you are career changing. It allows you to reposition yourself more effectively and get yourself in front of some of the top companies and firms. If you are getting an MBA as more of a credential to use in your existing career, then you probably don't need the extra cost of a top program.
As for me personally, I had a fantastic time at b-school and met a great group of people. Most of the good job leads I've had while I've been looking have also come through alumni connections of one sort or another. Given my predicament though, I think the jury is still out on whether it was a good decision for me. Most of my friends landed good jobs (and if deferred, eventually started), so make for more compelling "success" stories.
Just my 2 cents... |
| Message: |
Here is another analysis of top vs. bottom MBA programs. In 1999,I enrolled in a media-focused MBA at a so-called "bottom" program. The curriculum descriptions seemed great, it was still late dot-com, so e-commerce and media was a hot career move. I attended the program for 1 semester and withdraw because the quality of the student-body was limited. Plus, some instructors would show up late or not at all. One class was cancelled mid-semester, with no replacement.
I took out a Federal Student Loan to pay for the program, but since I withdrew, the school could not cash the check. Three-years later,I am now stuck with a $8,500 tuition bill. The account has since been transferred to a collection agency.
I want to take the school to arbitration, because I feel I was ripped off. The program and level of instruction was unsatisfactory. Besides, 90% of my graduating class is still uemployed today.
In any other consumer sector if your are not completely satisfied with the product, you can return the it for a full-refund.
Does this apply to MBA programs? Should there be a money-back-guarantee for MBA programs if grads can not find jobs 6-18 months later. If career placement officers boast high-recruitment numbers, but in reality that is not so..is that false advertising? At top programs, tuition can be as high as $90K. You're still responsible for the tuition.
Many issues to tease out!
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