Is it really essential to study the MBA at an Ivy league/ top 5 business school?

English Rose's picture
Rank: Chimp | 15

I hear so much about how there is no sense in studying for the MBA unless its at an Ivy league school or Top 5 business school.

I know those prestigious schools will offer me the best resources and a fantastic network,
but they also come with a huge price tag .

I am in London. I can study at London Business School for PS25k per year - but is it really considered worthless to have obtained an MBA at a less prestigious school ???

(When i say worthless , i mean .. will any company employ me still? )

By the way , I am not being cheap over my education, i just genuinely cannot really afford it.

Thanks for your help and advice

Comments (11)

Apr 18, 2011

You must be a troll.

EVERYONE knows LBS is an amazing MBA program and better than any Ivy MBA except MAYBE HBS & Wharton. And that's mostly American bias.

You're definitely kidding.

"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."

Apr 18, 2011

Of course i know that LBS is best , but my question is that if I dont study at LBS, and go to a business school which is less prestigious , will employers still value my MBA? Or is it only worthy studying if you go to LBS?

I am not a troll.. but please read my question. I know LBS is the best , but that wasnt my question

"Life is too short to think small."

Apr 18, 2011

It all depends on your projections for your earnings. If you decide to take two years off to take an MBA, you are forgoing 2 years of income and debt. Unless you want to change careers or need it to reach upper management, an MBA is not necessary.

Apr 18, 2011

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Apr 18, 2011
karypto:

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Epic win.

"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."

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Apr 18, 2011
karypto:

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Apr 18, 2011
karypto:

Graduates from worthless MBAs innovate products and services for wet behind the ears individuals such as yourself. Use your money on a petite lap giraffe and rejoice in your opulence. Be sure to get on the waiting list, see below.

http://www.petitelapgiraffe.com/calves.php

why are you slamming me, for just asking a simple question.

Forget i asked. If you didnt want to offer me any advice, you should not have bothered replying

"Life is too short to think small."

Apr 18, 2011

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lol

bump

It is better to be vaguely right than exactly wrong - JMK

Apr 19, 2011

anyone check out the web cam? haha

Making money is art and working is art and good business is the best art - Andy Warhol

Apr 19, 2011

In all seriousness, you should be able to get a loan and the job you get coming out of LBS should earn you more than enough to cover any debt you incur. You'll be kicking yourself if you pass up that opportunity.

Apr 18, 2011
Comment

"Life is too short to think small."