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I am a mid-level manager in the field of IT with 10+ yrs of experience and want to grow in the same field. I am little confused with school selection for my part-time MBA. Main dilemma is Rank Vs Cost. I live in Midwest and can attend some excellent schools such as Booth or Kellogg, or can also attend good schools such as Kelley or Carlson or Foster(have a job offer in Seattle).
Cost of Booth or Kellogg is twice the cost of other good schools listed. For Full-Time MBA, selection between these is no brainer but I am not sure on return on investment for part-time MBA. Your thoughts are welcome.
I am in very similar position too. As per my research and discussions with folks who have MBA from decent schools. Part time program's cost is worth from High Ranked Schools, there is a reason the cost is high for these schools.
Like most standard replies about business schools, it all depends on what you want to achieve with your career. In your planning for long term career growth surely MBA from a good school whether it is part time or full time will surely help. Part time surely will not help as much as full time for your short term career improvement.
If you can afford the cost, manage the time between your job and MBA, want to continue in the same career path and planning for your long time career then your 100K or more investment in a very good Part time MBA is worth it.