Find all School-related info fast with the new School-Specific MBA Forum

It is currently 31 Jul 2014, 20:35

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Thought/Question about School Rankings

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Manager
Manager
avatar
Joined: 08 Aug 2006
Posts: 82
Location: Michigan
Followers: 1

Kudos [?]: 1 [0], given: 0

Thought/Question about School Rankings [#permalink] New post 22 Sep 2006, 10:20
I had a thought/question that I wanted to pose to Paul and the rest of the forum.

In the long term, is it worth going to a school such as Michigan or even a Duke and taking out $80,000 in debt if you can get a partial or full ride at a school such as Notre Dame. While I realize that Michigan and Duke are better schools, I wonder if they are worth that extra debt. Do they give you a huge advantage in the business world or after getting your first post-MBA job, does one's job performance, personality, etc mean more than where you got your MBA? What do you think? What's the true difference between #10-#25 other than a bit higher bonus or salary?
SVP
SVP
avatar
Joined: 12 Dec 2005
Posts: 1658
Location: San Diego, California
Followers: 12

Kudos [?]: 163 [0], given: 0

GMAT Tests User
Re: Thought/Question about School Rankings [#permalink] New post 23 Sep 2006, 17:37
cmns18 wrote:
I had a thought/question that I wanted to pose to Paul and the rest of the forum.

In the long term, is it worth going to a school such as Michigan or even a Duke and taking out $80,000 in debt if you can get a partial or full ride at a school such as Notre Dame. While I realize that Michigan and Duke are better schools, I wonder if they are worth that extra debt. Do they give you a huge advantage in the business world or after getting your first post-MBA job, does one's job performance, personality, etc mean more than where you got your MBA? What do you think? What's the true difference between #10-#25 other than a bit higher bonus or salary?


Cmns18,

The difference between #10 and #25 is negligible in the long run in my opinion. Your performance, personality, etc. will dictate where your career goes after the MBA more than will the ranking of the school you earned it at (up to a point). The somewhat higher-ranked school will usually give you a bigger head start in starting salary but this can be overcome. If you invested the money you save by accepting the Notre Dame scholarship you might well come out ahead in the long run, for example. Regional factors also count for alot. A degree from a #25 school might actually be more valuable in certain markets or industries than one from a #10. Once you get into the elite programs, of course, you're also benefiting from things like global brand recognition, very well placed alumni, etc.

Good luck,
_________________

Paul Bodine /
Author, Great Applications for Business School and Perfect Phrases for Business School Acceptance

Follow Paul Bodine on Twitter

    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Business School Ranking zerotoinfinite2006 4 09 Nov 2010, 04:27
Questions to recruiters about MBA ranking OmegaA 2 06 Apr 2010, 12:14
3 Experts publish their posts in the topic Progress on school rankings bb 10 30 Jun 2009, 15:08
Ranks Of These Schools smartguy 7 03 Jan 2009, 19:39
School rankings by functional area bherronp 1 14 Jun 2007, 18:12
Display posts from previous: Sort by

Thought/Question about School Rankings

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.