seanpatin
My plans are something like... finish undergrad... go into the workforce for 3-4 years (not sure where yet, but probably into Corporate Finance), then I am looking at some good MBA programs (Yale, Dartmouth, Columbia) where I think I like the "fit." As for PhD programs, I am still somewhat undecided on what to study here. I would like to teach management, but a lot of schools don't offer this. For instance, HBS has a management program but it is a DBA. Yale has no management program. And neither does Stanford. I realize NYU and Columbia and Wharton have them though. But, does it really make a large difference whether your PhD is in Business Economics or Management regarding what you teach post-doctoral?
As far as doctoral programs go, it doesn't really matter what the actual program is called; it's what's actually taught there (and more importantly who the faculty members are) that's important. Stanford doesn't have a "management" program but they have an "organizational behavior" track. It's mostly the same thing. Harvard grants DBAs (Boston U. too), but that's mainly a relic of tradition; the courses are the same as PhD programs in other schools.
The main difference between the choice of a school for an MBA program and the choice for a PhD program is that you need to realize that while you're still getting into a machine that eventually spits out graduates, the whole approach is much more personalized for PhDs than MBAs. People choose MBA programs almost entirely because of the school's brand name, or fit, or something like that. Well, fit at the PhD level is finding one or two faculty members that produce interesting research from your point of view; there are other criteria, but the most important one is probably something related to such fit.
Every field has well-known professors at "lesser" universities, and students of these professors can go on to teach in well-respected universities. (In accounting for example, Iowa and Minnesota have produced more than a few top professors, although they're way under the radar in terms of brand recognition or MBA rankings.)