710...now what?
[#permalink]
21 Jun 2007, 13:17
Not too long ago I decided I wanted to get an MBA because I'd like to start my own business in the future and currently I know nothing of running a successful business. I never planned to go to one of the top schools and still don't. I started looking at different schools in Michigan because in-state tuition sounds way better to me than anything else. I decided I'd shoot for Wayne State University because it's not a hard school to get into and I could start in Fall '07 if I apply by July 1st. I scheduled my GMAT and was shooting for around 600 because that would pretty much guarantee my acceptance to the program at Wayne State (not a competitive school).
Don't get me wrong, I knew I was smart, but after my test on Tuesday I was pleasantly surprised of my score. I got 710 (40 verbal and 47 quantitative) and 4.5 on the writing. I didn't expect a score this high and now I am looking for some advice.
With that score, I'm now feeling like Wayne State isn't good enough for me. I should be able to get into a better school. Although I am lacking on relevant work experience.
Does getting an MBA from a better school really help you that much? I could go to Wayne State, start in the fall, and finish in two years with an MBA. Or I could try to go to a better school (thinking of Michigan State University) in a year, spend more money, and get an MBA then. Also if I wait I can try to get more relevant work experience in the next year, but that probably wouldn't be on my applications anyway. Is it worth spending over twice as much money to go to a more recognized school?
I feel a little like an MBA's and MBA, does it matter too much where it came from? Is the education you receive at a better school that much of a difference from the education at an easier program to get into?
Also, would I have a better chance at getting good scholarships in a less prestigious program?
If any one has any advice on what schools I should consider and when to go I would greatly appreciate it.