New Venture Lab: Equipping Christian Entrepreneurs

Question

Is it worth the time and money to get an MBA?  How much does a top-25 school matter?

Answer

It depends on the context.  If you want to work for corporate America, a consulting firm or an investment bank, an MBA is a must.  School ranking does matter if you are trying to get a job in a top-ranked firm, as many of them will only recruit at the top MBA programs.  But, on the other hand, if you are a homeschooled young man and have your heart turned toward your family and want to have them involved in your business, then a top MBA has considerably less value.  A good entrepreneurial education can be gained in an easier and more cost-effective manner through a combination of work experience, internships and apprenticeships.