rayricepudding wrote:
Throwing a curve ball out there, I'm also considering Michigan's full-time program and I'm wondering if it makes sense to accrue the massive debt (Around $200,000 opportunity cost) that would result. Obviously, I know that Michigan gives me the best chance at a career change, but I also have a life in Baltimore that I'd potentially want to come back to, and I'm not sure that a Michigan MBA will go as far in Baltimore as one from UMD. Also, I'll be paying out of pocket for any program I attend - my $21billion global company doesn't offer tuition reimbursement.
Also, I'm prepared to quit my job in either years two or three of any of the part-time programs to take internships to help me redirect my career.
So, all things considered, between Maryland, Georgetown, NYU and Michigan, what makes the most sense for me?
Seeing how you're prepared to quit your job in 2-3 years an want to change careers, it sounds like a FT program would be the way to go. Yes it would be expensive, but it's an investment in the rest of your life. Also, you show concerns about immersing yourself socially in part time programs, but quite frankly, since you're working full-time and going to school part-time, I'm not sure what kind of student life PT programs offer anyway.
As for reputations, a Ross MBA will carry more weight that Maryland - even in Baltimore. Though I'm curious why you would have thought about Ross if you'd want to come back to Baltimore after a career change? Other schools on Ross' level like Duke and Darden place well in the Mid-Atlantic region while also being stronger than UMD. Just food for thought.
Obviously I'm biased towards the FT MBA, but I think if you want to change careers, why not go all-in full-time and enjoy the MBA experience and not choose a program out of convienence (Maryland) or fret about the time spent commuting (G'town, NYU).