How important is getting your MBA from a top graduate school verses a middle of the road or maybe online school make? What difference does it make regarding future pay and opportunities?
Educational decisions are personal and the right answers are different for everyone. What I can do is provide you with the right questions to ask to make the right move for you.
Here are three questions to help you make the best decision for you:
1. Why are you getting an MBA?
Education is a wonderful, valuable endeavor and a worthy goal in itself, but in my opinion, you should always have an end goal in mind. That desired result can help you make the decision about the best school for you. For instance, if you are getting an MBA to help you make a career change, your top priority should be finding an institution that is known for guiding people into careers in the new field you want to join. If your goal is to increase your technical knowledge of accounting, financial management, etc. (for instance, to gain a higher position or salary bracket in your current organization), then the school name may not be as important as simply gaining the knowledge you need. If your number one goal is high-level networking, then a “brand name” school might be the choice for you. If post-grad school salary is the key factor for you, then ask schools for the average starting salaries of their graduates.