YetAnotherMBA2018 wrote:
If you are choosing a school that is out of the top 20 league, does it make sense to choose rank over location?
I have already considered post MBA salaries, alumni strength, where I want to live, education debt, industry I want to work in, etc.
Location has the advantage of better networking possibilities and indulging in a wide variety of activities.
A higher ranked school will have a better career services department and better brand value.
Well, rather than thinking on terms of "absolute rankings" which is nonsense, I think it's better to think in terms of tiers - so you have HSB/Stanford as the top tier, and then the other M7 schools, and then tier two, etc. etc. Once you are considering within a tier, then you should be also thinking about location, but it wouldn't be advisable to go to a lower tier (other than some cases) for location.
That having been said, it's important to keep in mind that once you get out of Top 20, schools tend to place much more regionally, so depending on your industry, there can be a real advantage of choosing a school with the right region as their placements in your industry will be better.
Hope this helps!
Jon