Who has their MBA?
I'm still working on my Undergrad in Business Admin (2nd year coming up), so I still have a little time to decide if I want an MBA... I think it comes down to a matter of dollars and cents, if an MBA will help financially then it's worth it, but if it doesn't, I don't know.. M.B.A programs can get as high as 30K around here so that's a lot for one year, but it's always an option.. or you could work a little, and then go back and do your masters later on..
Would an MBA help in owning a business? Or being an Entrepreneur. I have been thinking about this, and obviously it doesn't take an MBA to open a business, but would it help?
It seems as though MBA's go for management positions in large companies.
It seems as though MBA's go for management positions in large companies.
Kekoa,
Since you're in So Cal, Pepperdine is ranked decent also. There's also Loyola Marymount, but I'm not sure what its reputation and rank is like. The cool thing about Loyola Marymount is that they have a unilateral agreement with other Jesuit schools across the country, making it easier to transfer around if need be. See here: http://mba.lmu.edu/jesuit.htm
Personally, UCLA and USC would have been among my first choices (I ultimately didn't apply to them because my grades sucked and I was certain of rejection). I did my undergraduate degree at UCLA and loved it. So, if you get into either of those, I'd say go for it! I'll be looking on with envy. There are definitely higher ranked MBA programs on the East coast, but reputation is all relative, and has a geographical component. Here in California, local schools have a very good reputation...out east, that might not be the case. So, if you plan on staying California after the degree, I don't think you'll regret going with UCLA over something like Wharton, regardless of their relative ranks.
Good luck! And like you, I'm also waiting to see if the degree will pay off.
Since you're in So Cal, Pepperdine is ranked decent also. There's also Loyola Marymount, but I'm not sure what its reputation and rank is like. The cool thing about Loyola Marymount is that they have a unilateral agreement with other Jesuit schools across the country, making it easier to transfer around if need be. See here: http://mba.lmu.edu/jesuit.htm
Personally, UCLA and USC would have been among my first choices (I ultimately didn't apply to them because my grades sucked and I was certain of rejection). I did my undergraduate degree at UCLA and loved it. So, if you get into either of those, I'd say go for it! I'll be looking on with envy. There are definitely higher ranked MBA programs on the East coast, but reputation is all relative, and has a geographical component. Here in California, local schools have a very good reputation...out east, that might not be the case. So, if you plan on staying California after the degree, I don't think you'll regret going with UCLA over something like Wharton, regardless of their relative ranks.
Good luck! And like you, I'm also waiting to see if the degree will pay off.
Would anyone care to post your GMAT scores. I figure I at least need a 600+ to be competitive. I just called USC and they told me that average gmat score for full time was 680
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Doesn't mean anything. There's a triangular relationship between GMAT score, undergraduate grades and years of work experience. If you have 10 years of experience, they will discount undergraduate grades and probably also the GMAT, if it is sub-par. If you are fresh out of school (and in my opinion you really should not even contemplate getting an MBA without having been in the "Real World"<tm> for a few years) they will put more weight on those scores.
Average GMAT scores for admitted students have gone up over the last ten years or so. Reason is that more people applied for admission and schools were able to be choosier. As the BW article states, nowadays the pool of applicants is shrinking, so schools are willing (or forced) to extend offers even to students they might not have considered in prior years. If USC tells you that 680 was the average for last year's students, that means that maybe there was a range from 580 to 720. Again, you can compensate for a low score, and I definitely recommend going to the personal on-campus interview.
Average GMAT scores for admitted students have gone up over the last ten years or so. Reason is that more people applied for admission and schools were able to be choosier. As the BW article states, nowadays the pool of applicants is shrinking, so schools are willing (or forced) to extend offers even to students they might not have considered in prior years. If USC tells you that 680 was the average for last year's students, that means that maybe there was a range from 580 to 720. Again, you can compensate for a low score, and I definitely recommend going to the personal on-campus interview.


