MooreBonds
Thinks s/he gets paid by the post
I tried a search and couldn't find a topic similar to this one already started...
I realize that it's not necessarily a requirement for me to get an MBA to reach FIRE status....so ignoring that argument for a minute, and assuming that one were to get an MBA, I was curious about everyone's experience with the issue of "is a top-ranked program really worth the extra price tag"?
Obviously, if you have a job with an employer, and they're going to put you in an MBA program and foot all/part of the bill, it makes no sense to quit, go to a top-10 program, rack up $100k in debt and have no job for 2 years, to then come back to a job you were almost a shoe-in for to begin with.
However, if you are going to change jobs in the near future and don't have anything lined up already, what are peoples' experience in valuing an MBA from a higher ranked school versus a lower-ranked one?
Particularly, I was toying with an idea of getting a dual MBA in both accounting and finance, but the numbers may not make sense once I look at program specifics (in terms of cost and time committment), so I'd likely pick finance if I had to choose one over the other.
The thing that bothers me is that a local school (Washington University in St. Louis) has just a generic MBA (no concentration) for over $30k/year (just base tuition), while St. Louis University (ranked much lower than Wash U) is much cheaper AND offers MBAs tailored around finance and accounting...but I don't know if the same recruiters would look at the school.
Comments? Opinions? Experiences?
I realize that it's not necessarily a requirement for me to get an MBA to reach FIRE status....so ignoring that argument for a minute, and assuming that one were to get an MBA, I was curious about everyone's experience with the issue of "is a top-ranked program really worth the extra price tag"?
Obviously, if you have a job with an employer, and they're going to put you in an MBA program and foot all/part of the bill, it makes no sense to quit, go to a top-10 program, rack up $100k in debt and have no job for 2 years, to then come back to a job you were almost a shoe-in for to begin with.
However, if you are going to change jobs in the near future and don't have anything lined up already, what are peoples' experience in valuing an MBA from a higher ranked school versus a lower-ranked one?
Particularly, I was toying with an idea of getting a dual MBA in both accounting and finance, but the numbers may not make sense once I look at program specifics (in terms of cost and time committment), so I'd likely pick finance if I had to choose one over the other.
The thing that bothers me is that a local school (Washington University in St. Louis) has just a generic MBA (no concentration) for over $30k/year (just base tuition), while St. Louis University (ranked much lower than Wash U) is much cheaper AND offers MBAs tailored around finance and accounting...but I don't know if the same recruiters would look at the school.
Comments? Opinions? Experiences?