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I NEED ADVICE! Indiana MBA Choices, And My Situation

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Joined: 06 Nov 2010
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I NEED ADVICE! Indiana MBA Choices, And My Situation [#permalink]

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New post 06 Nov 2010, 15:38
I recently graduated from the Kelley School of Business in May 2010, with a dual major in Supply Chain Management and Marketing. I have not went on a job search just yet, because I planned on helping my father with his own business for awhile and try the "entrepreneurship" route. My GMAT test is scheduled for November 17th, and the deadline for my school of choice is Dec. 1st. But this will give me plenty of time to be admitted.

Anyways, I always knew I was going to go back and get my MBA - the sooner the better I thought. So in July I began studying for the GMAT, and had a few schools in mind. Ball State University has a well-respected undergrad Entrepreneurial program, and their MBA is taught by the same professors. Not to mention the MBA is very affordable. However, their admission requirements are super easy - would only need a ~490 on the GMAT, etc etc. This scares me. Simply because if I am going to get an MBA, I do not want to go for just ANY MBA- especially coming from a prestigious school such as Kelley. I am having second thoughts about Ball State now. :oops: I am not even sure if I *want* to do the Entrepreneurship route - but if I did Ball State, that is what I would concentrate in.

I've been second-guessing my decision for the past couple of weeks, thinking about what I *really* should do. Ideally, I wanted to go to Grad school in January, and continue deferring loans. But now I'm having other thoughts. Butler University also offers a solid MBA program, has 600+ GMAT requirements, and is a well-respected program. The only thing is... I missed the deadline. I would have to apply by March 17th, to get in for the Summer session. However, this would give me more time to master the GMAT content, and get into a better school. I do not want to rush such a drastic decision. But I feel like I have been - simply because I want to get into a MBA program and the sooner the better. But maybe not.

So... if I decide not to start my own business, and have my MBA concentration in Entrepreneurship from BSU, would employers simply note that I have my MBA- and would they care about the Entrepreneurial aspect? And would they really care if it was from a Butler, or a Ball State? Not to mention going from Kelley undergrad to a Ball State program (no offense to BSU's MBA program)... would that look bad?

So many things going through my mind... Either way, I am taking the test November 17th to get a "feel" for it, and may still apply for BSU - but maybe I could transfer to Butler once in? Wonder if credits would transfer?... Or the first GMAT-attempt, if I do not get a 600+, I could spend the time until March studying to get into Butler.

Not to mention BSU does not require prior work experience- whereas Butler encourages 5+ years. But I think I could pull it off with my GPA/GMAT/ etc.

What should I do?!

Age: 24
Years of WorkExp: 4

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Re: I NEED ADVICE! Indiana MBA Choices, And My Situation [#permalink]

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New post 07 Nov 2010, 11:12
You have a lot of great questions. I think ultimately whatever program you decide on, make sure it's a good fit for you. If the opportunities exist, sit in on classes from the different schools, speak to students, speak to alumni and get a feel for the atmosphere at the school. If I was in your shoes, I would prep more for the GMAT (like you are already doing), and consider applying the following year. During that time, focus on your GMAT but also start up your own business if it's truly what you want to do. Writing in your essays, or telling the adcom or potential employers you want to be an entrepreneur isn't as powerful as actually doing it. A lot of people have great ideas but only so many execute on them.

Personally, I took my GMAT over 3 years ago with plans to apply right away, but I stopped and reevaluated my goals. I didn't feel I was doing it for the right reasons, so I worked on furthering my career/work experience and also building up my own start-up. Now 3 years later, I have more focused goals and really feel an mba is the best step for me.

In the big picture, starting your MBA 1 year later isn't a big issue. The bigger issue is making sure that you're going for the right reasons and to the right program for you. You probably do not want to apply with plans to transfer programs. But... if you do have any weaknesses in your app (i.e. bag math scores in undergrad), take some quantitative courses at the cc.

good luck with your decision!

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Re: I NEED ADVICE! Indiana MBA Choices, And My Situation   [#permalink] 07 Nov 2010, 11:12
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I NEED ADVICE! Indiana MBA Choices, And My Situation

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