thung1
I know this should seem like a no-brainer because Kelley is a higher ranked program & they're giving me 50% scholarship. Marshall, waiting on details but probably not 50% scholarship. But, my main question is: how important is location?
I know I want to come back to California after b-school. I applied to Kelley because they have a great marketing program. It's not impossible - Kelley's Employment Report states that 11.4% accept jobs West. However, 11.4% pales in comparison to the 56.3% Mid-West...
Happy to provide more details/context if anyone needs!
Once you get past the Top 10, schools start getting more and more "regionalized". Moreover, schools on the west coast tend to retain and keep a lot of people anchored there (hard to beat living in CA). I don't think Kelley will preclude you from getting a job in LA/CA but that would be an effort that you will need to spearhead on your own. I doubt any of the LA-based companies will do on-campus hiring. However, Bay Area companies may.
However, your point about rankings is not very valid - take a look at the 10-year Rankings trend. Sure, Marshall has fallen away from Grace in the last year/latest results, but it has been higher ranked than Kelley for a while in the past. Marshall has been a competitive program.
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More rankings
charts are hereHaving reviewed
Kelley's employment report, I see your concern about Kelley's reach into West. Only 20 or so grads went to work in the Western US states (includes WA state, UT, Arizona, etc). I see where your question is coming from now.... I think the rankings gap is a minor issue and is offset by Marshall's strength in LA/So Cal (perhaps more then compensated for it). I would not worry about it as much as think about the scholarship - you are talking about $50K potentially.
If you are set on So Cal, Marshal and USC Tojans will be a good connection. You are going to be under pressure from Anderson grads for the best jobs, but as long as you have strong prior work experience, you should be competitive.
Just imagining 3 years from now you will be sending out resumes and applying for jobs all over the place. If a person gets your resume and it is 99% identical, except it has USC vs. Kelley on it - doubt it will make a difference unless that person has gone into one of those schools. Chances are, more people would have gone to Marshall in So Cal (not Northern probably). Also, i guess if someone was reviewing resumes/applicants, they would wonder why the heck this person from Indiana wants a job in LA... though in most cases, you would not be getting a job by just sending a resume but via your network. I would compare the 2 schools as such:
1. School Network - which school is stronger on the ground?
2. Personal Network - how does each help/hinder with it
3. Recruiting - do either place into the companies you are looking to work for?
4. Industries. I understand you want to be in Cal - what do you want to do though? Some industries are easier than others.
5. Money - full costs of moving/living/scholarship
I would give all those 5 factors about 67% of weight - the other 33% is probably unknown since nobody knows what the future holds and you have the best time at Kelley (finding your spouse or dropping out with founder of next FB, MS, AMZN, etc) or you may have a great time in Marshall - those are big unknowns and significant ones that many people fail to consider. You put a lot of bright and smart people together and things start clicking and ideas flowing. Can't do a regression on these things.
P.S. After this long debate I just had with myself, perhaps do some spot checking among friends, colleagues, bosses to see who would they rather hire - a Marshall MBA or a Kelley MBA. You may find that Kelley may not be known enough and that could be your driver/decision here. However, if money is an immediate concern or burden, I would play safe and go with Kelley.
Hope it helps. Congratulations on your admits!