<p>I am starting my MBA this coming Fall and I am considering Nebraska, Florida State and Indiana. Nebraska is the less competitive choice and I am sure I will be accepted there, Florida State is a bit better and I should be accepted there also. My top choice is Indiana but one thing that turns me off about Indiana is the fact that it costs 3x times more than Nebraska or Florida State. I understand Indiana is a top 20 school but I talked to some of the recruiters where I work and I honestly do not know if going to Indiana may be worth spending 3 times more. My employer is paying $5000/year in tuition reimbursement and I could finish my MBA at Nebraska or FSU with no debt. Going to Kelley would mean at least 40K in student loans and with the current economic situation, I don't even know if spending 3 times more for a MBA would be a good investment. I have a B.S. in Economics and I am only going back for a MBA because I really miss school and I want to learn more about Quantitative Analysis and Accounting. I don't really expect a MBA to do anything for my career right away and my decision to go back to graduate school is more of a personal choice than something my employer would require anytime soon. What would you do?</p>
<p>If I were in your place, I wouldn’t enter an MBA program.</p>
<p>Instead, I would look at a Masters in Finance or something similar, since your main goal is to boost these skills instead of something that will accelerate your career (as you note that it won’t do much for your particular career path right away) in a broad based way like an MBA would.</p>
<p>Of course, I don’t know much about your individual situation, so you should really ask yourself how much benefit you’re going to get from spending the time alone on an MBA program, even discounting the monetary cost of it.</p>