I think I need to stop (obsessively) reading the articles about the MBA applications skyrocketing, MBA grad salaries dropping…you know the ones I mean.
I am of the opinion that either the top schools make sense for a person or they do not. The desire and need and fit of these schools don’t make sense to everyone, as evidenced by an earlier post of mine about safe schools.
As a result of said articles, I have been considering applying to some lower ranked schools as well in hopes of some scholarship help. But if I do get into one of the top schools, is it worth a few $$ to forgo my dream? And if I get into a lower school, even get a scholarship, will I really take that and give up the chance to get some feedback and reapply for my dream the following year?
I don’t think so…but when I’m looking at number in the $100k+ range, I’d like to know for sure. I do think that the key is to make sure that I have all of the information, which I have recently realized means researching the other schools too. How can I make such a huge life decision without looking into every possible option? It’s what I do in my professional life…time to start running my MBA endeavors a little more like I run my professional life.
Read the full article: They’re Worth It, Right?