Hi all, I'm still in undergrad but starting to prepare myself now for things down the road and I had a couple questions, figured some people here would be able to help me out.
I'm currently at a top 40-50 ranked state university in the US. I did very well in high school and got into a couple better schools but due to money and family things I had to go to my state flagship. I've finished two years there and I've done extremely poorly so far, down to family issues, [somewhat related] bad focus/work ethic in school, not knowing what I'd like to study, but mainly the first two. I'm currently at a 2.4 GPA, which is horrible by my standards and I've taken this semester off to look at some things, re-evaluate what I'm doing, and seeing what has to change. I've also taken the semester off to help my family out.
Right now I'm stuck between two minds. The school I go to now, while not great, is still a top 50 school and has a huge alumni base and name recognition. However, I have a terrible GPA that's actually too low for me to be a major in the business school. With my new mindset and drive, I know I could get a 3.8+ GPA for the rest of my time there, however I still would just be around a 3.0 at graduation and I wouldn't have a business major, so those are two big drawbacks. Getting internships would also be really tough.
The option I've come up with is to transfer to a much smaller, fairly new state university very close to where I live. I'd be able to reset my GPA (which would help a ton with internships), and be closer to family, which would be good. I would also be able to major in the business school. However, this new school would be a pretty big step down in rank, prestige, name, alumni, etc. I'm also worried that getting good grades at this school would look like I just couldn't handle my other school, which isn't the case, but it's easily interpreted as that.
Basically I'm just worried that transferring to a lesser university, although it probably makes more sense for me, would be bad as far as applying to a really good business school down the line. If I get really good scores on the GMAT and/or GRE (I had 2300+ on SATs, so I'm sure I could), and have good work experience, essay, etc would that matter as much?
Could use some pointers/advice here. I'd be looking at applying to a strong MBA program (looking more international - in Europe - right now, but have a couple US schools in mind too).