Does an MBA from a small town or any university other than premier have value?

Question:

It has been found out by survey that an MBA degree from any university other than premier does not have any value. Those spending 2 years to achieve that degree are left to survive on a job that give them a monthly pay of Rs. 1500/- to Rs. 3000/-p.m. Their parents and relatives are aghast to find what an MBA degree has given. These small town Institutes especially Shivaji University is considered worth no more than a tissue paper to wipe your bum. Where as a person with MBA from premier institute has similar knowledge and earns 10 lakh per annum. Why are universities like Shivaji, Mrathwada, Vivekanand allowed to continue the course which gives thier students nothing but loss of 2 years and the shame a less salary which is not even valueable in the marriage market. No one would want to marry a person earning RS.1500,not enough to even purchase basic necessaties. Why has the government shut its eyes to such a grave matter of blunder education that leaves thousands in hole with no bottom

Answer:
You have to look at MBA as a brand. So you go to Chicago GSB or Harvard you get a brand. Just like a razor, yet now it is Gillette versus say imaginary "sharp edge plus". Even if they were the same quality, Gillette can charge more for their razor as it has a desired brand.

From a personal growth perspective, you will not learn substentially more in Chicago Gsb vs 2.nd tier MBA program. You will not get out any more clever than you came in, although Chicago GSB or Wharton only allows some of the best and brightest... What you will get instead is being in the class with higher tier or people, both professors like Scott Meadow, Warren Batts, Kevin Murphy, Kaplan, Becker and Eugine Fama and your peer students vs. in 2nd tier schools. You will get to have a network of people who have won the Nobel prize and/or had been CEO's directors etc. of major companies. You will end-up using them for the rest of your life.

So if your sole reason is to make more money using the brand or your network, it is no use for you to go to a 2nd tier school.

If you are going to better your self, and learn. Then top tier vs. 2nd tier makes not much of a difference, maybe the learning experience might be better in top tier, yet if you work hard on it, it will be all the same.

Not at all.

it doesnot mean one gets bounded to small city .city is small but MBA has no boundation.

http://www.daylon.com/mba/

&

http://www.daylon.com/mba/best.html...

Those sites should help.

If you are doing it for knowledge, any school will do. If you are doing it for networking to get a job, a top school is much better.

Does an MBA from a small town or any university other than premier have value?

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