<p>People say that you shouldn't get an MBA unless its a prestigious institute, so I was wondering if its worth getting an MBA from a solid, but not HSW type of school either? What about places like UT, UCLA, UNC, etc.? Can you still get a good job from there?</p>
<p>M7 is overrated. I’d say you’ll be able to get a good job within the top 20 MBA schools. For highly competitive employers like Goldman Sach or McKinsey, it’ll be easier if you go to HSW, but not impossible if you don’t.</p>
<p>For MBA, there isn’t an M& anymore. Both Haas and Tuck are clearly are good as the best MBA schools ranked below HSW.</p>
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<p>Why? Because RML says so? Of course there is an M7 and Haas is not a member.</p>
<p>At any rate, of course you don’t need to go to an M7 to get a decent job. What do you want to do post graduation?</p>
<p>^ Prove to me that there is a substantial difference, if there is any at all, in terms of salary of graduates between those schools ranked higher than Haas and Tuck.</p>
<p>I don’t have to prove jack to you. There is an M7 and Haas is not a member.</p>
<p>^ What about Tuck?</p>
<p>Ideally, I’d want to get into banking and then move into hedge funds or something like that, but I’d bet that’s going to be a long shot. My school doesn’t have much in the way of recruiting, so at best, I can probably hope for going into commercial banking or an accounting firm (prob not big 4 because I’m not sure if I’ll major in accounting but maybe a smaller one). </p>
<p>If the i-banking stuff doesn’t work out, then I would be perfectly happy being a high level financial controller or VP of finance or something for a F500.</p>
<p>^actually, disregard that last post. I think consulting, after reading a bit more, suits me best. So ideally, I’d like to get into MBB consulting, especially since that will let me exit to F500 industries if I do well.</p>
<p>See, there isn’t an M7 anymore. There is, however, a top 9. and Yale isn’t one of those.</p>
<p>Business School Schools Ranking based on Salaries:</p>
<ol>
<li><p>UPenn-Wharton
Median Pay - $147,000
With no part-time program and a stellar reputation in finance, Wharton grads in this study might be expected to do particularly well. And they didn’t disappoint. Just 11% fell below the $100,000 mark and roughly a quarter earned more than $175,000.</p></li>
<li><p>Columbia
Median Pay - $137,000
21% of recent graduates were paid in the five-figure range. Still, more than half the class commanded over $125,000, and a very substantial 5% made more than $300,000. The biggest employer for Columbia’s full-time MBAs in 2008 was McKinsey & Co., with nearly 50 hires.</p></li>
<li><p>Berkeley-Haas
Median Pay - $123,000
Haas has a strong representation in general management as well as finance and consulting, with about a third of the full-time MBA graduates who found work in 2008 heading into a technology-related field after graduating. 14% of recent graduates from the Haas full-time and part-time programs made between $150,000 and $225,000.</p></li>
<li><p>Northwestern-Kellogg
Median Pay - $123,000
About 72% of recent graduates earned starting salaries of more than $100,000.
38% of students in the full-time class who found work found it doing consulting of some kind.
The school’s biggest employer that year was McKinsey.</p></li>
<li><p>Stanford
Median Pay - $120,000
According to official Stanford data, the top two industries for graduating MBAs are consulting and private equity, where grads fetch median salaries of $125,000 and $150,000, respectively.</p></li>
<li><p>MIT-Sloan
Median Pay - $120,000
MIT’s graduates are often bound for consulting or investment banking.
14% of recent graduates raked in more than $175,000.</p></li>
<li><p>Harvard
Median Pay - $118,000
HBS grads go into a wide range of careers, and receive an exceptionally wide range of salaries. The top 10% of earners brought in paychecks 708% the size of those in the bottom 10%.</p></li>
<li><p>Duke-Fugua
Median Pay 111,000
Fuqua MBAs primarily head into financial services or consulting.
Most make over $100,000 and while that peters out around $175,000, 7% made more than $200,000.</p></li>
<li><p>UCLA-Anderson
Median Pay - $111,000
Financial services was the biggest industry for the class of 2008, but the top employers were more diverse: Deloitte & Touche, Walt Disney, and Citigroup.
According to the PayScale data, one in ten recent graduates from its full-time and part-time programs combined made more than $300,000.</p></li>
<li><p>Chicago-Booth
Median Pay - $110,000
Chicago has part-time and full-time programs with total enrollments of more than 1,000 in each. But the large and diverse student body didn’t seem to translate into graduates making less money. In fact, only 9% of recent grads reported making less than $75,000, and most made over $100,000. According to PayScale, just 2% earned salaries over $300,000.</p></li>
</ol>
<p>…presence of M7 or not aside, any advice?</p>
<p>Also, do you know what kind of GMATs/GPAs are needed for top international programs like INSEAD, IIM-A/B/C, LSB, etc.?</p>
<p>
Are you planning to work aboard? If not, I wouldn’t recommend going abroad for a MBA. I don’t think IIM is as highly regarded as ISB. In general, top MBA schools do not look too deeply into scores. If you have 700+/3.5+, you will not get rejected because of your score/gpa. But having 700+/3.5+ will not get you in to a top school without good WE, essays, and recommendations.</p>
<p>while I’m not sure if I want to permanently relocate abroad, I do think that I definitely want to work abroad for a few years, which is why I’m inquiring about it.</p>