@DW If its an MBA your after, adding 'graduate courses' isn't going to up your chances of acceptance by much. They're looking for the quality of your application packages, essays, professional and personal cv, academic pedigree (uni cv +GPA), your performance on the GMAT and your letters of reference. These will determine if you make the first cut to an interview round. Then you can show up, and razzle dazzle em with your winning smile. Or mayber some of those buttock photos I've seen floating around...
Having said that, continuing education (outside of TT U) of course is always a good idea. Graduate level courses at this stage of the game can help you:
1. Determine your true level or area of interest before applying to a programme.
2. Beef up current skills your lacking for your current job. For example, a classic problem in many companies is that functional specific, i.e. technical folks rise vertically (up one business unit) through the organisation, they get promoted and all of sudden have horizontal (across many business units) leadership responsibilities. This is a problem for technical folks with leadership responsibilites over non-technicals and vice versa. This is one of the major pain points with the folks at Sandia, Livermore etc.
3. Once your into a programme...then it can help prepare you for certain topics, i.e. statistics or another area where you may feel weak.
Now, a major factor in deciding if to go is why you want to go...thats something you need to figure out before you apply and definitely before you get to an interview. For a lot of people, education and future career are actual not on the top of the priority list . Other common personal reasons are: overwhelming loathing of present job and/or location, major life changes, uncertainty about goals, meeting family/peer expectations etc. etc.
Another is always the finances...does it make sense? Yes if you're company sponsored. Perhaps not if you're personally footing the bill. Economically speaking you are looking at the tuition + living expenses+ lost wages, the dot.diggitybomb days are over so your likelihood of getting a well over 6 figure salary + phat package days on graduation day are over. Recruiting is on the upswing again but they're not graduating at 100% employment per class. This is especially true if you look at the Executive MBA programmes which can cost you circa 100K total (tuition only) for the big names. However, economics is never a reason to forgoe graduate education (just ask the physicists). MBAs are a long term strategic investment, they pay off in the long run as they better your skill set, expand your personal and professional networks etc.
Now as far as where to go for classes both now and where to apply programme wise in the future
NOW you have three options:
1. distance learning graduate courses
2. on-campus graduate courses
3. management development courses
You've nixed out the first one. I myself wouldn't take one as you have to be awfully disciplined and not do things like surf TT when your supposed to be doing, say German...er...moving on...There's not a lot available locally in terms of the second option, partly because the German schooling system is different from the US, towards that end the bachelor's and MBA diplomas are barely recognized here. Another related issue is that like a lot of German's public systems, the school systems are just financially strapped...for more info check out this
article The third option, depending on where you are in your career, is a good option for most peeps with several years work under their belts and on the promotional track, and/or owning their own businesses. Big name programmes are expensive as hell, circa 1k per day, courses range from 1-5 days or month long "'executive programmes". Peeps attending these usually get company sponsorship, most business owners can claim it as a corporate expense and get it back on the tax side. There's several good ones in the German-Swiss area. IMD in Luzanne, St. Gallen, WHU, and lots of others offer these types of programmes. I like the new ESMT, they have a campus here and in Berlin. Its basically a relatively new outfit started up with major endowments from all the German blue chips. They got off to a rocky start as some idiots bragged about being the Harvard of Europe. Built up expectations far beyond what was/will be realistically possible in the forseeable future. Utter nonsense to even make those claims...so they got a lot of bad press but they run a nice shop. They'll have their first MBA class in 2005/2006 - definitely worth keeping an eyeball out...they have some good designs in mind.
There are lots of cheaper "continuing education" options in the states that offer rock solid skill building...I'm sure they exist here as well, I just don't know the players in the more affordable end of the market...though I'm pretty impressed with what I've read re: Topsy's level of satisifaction at OU.
Later Down The Road:
You can never, ever go wrong with the top 5. If you can get into Harvard then do it. As far as everyone else goes, the prevailing idea is US over Europe. IMHO you should pick the best brand school you can get into with the regional and industry ties closest to your interests, thats where the networking and recruiting ties will come into play. If you're a rocket scientist and like it, you know for all the chicks you get to work with or whatever, set your sites on MIT. If you wanna be a playa in US and Asia consider Berkeley, US and Chile consider Chicago GSB. Babson, a little school outside of Boston runs a damn fine programme and they are the shit in Latin America. The networking thing is true even within the states. West coast schools have more West coast ties, East coast has more East coast ties. You didn't thing the gangsta rappers came up with that turf shit on their own did you? Oh and as far as rankings go, they are useful for prospective students in that recruiters use them as guides...i.e. which schools to hire from...however, the criteria and analysis are questionable and schools are starting to fight back. This year Harvard and Wharton have decided NOT to participate in the Business Week rankings, which means they will NOT be a "top five" school...does that mean peeps won't go and recruit from Harvard or Wharton? Hell no.
In terms of Europe, the schools mentioned are damn good bets. Me, I'd pick LBS anyday but then again its probably cause I like Marks and Spencers or something high brow like that. Or hell... a few years at the Australia Graduate School of Management...wouldn't be bad at all... Getting back to Europe, LBS and INSEAD are well recognized in corporate sectors. For the executive set, they also have joint "global" MBA programmes (LBS-Columbia and I think INSEAD-Wharton) which in many cases like the Berkeley-Columbia programme give you DOUBLE degrees, double networks. WTF right? The double degree issue sounds fishy eh...well due to stringent academic regulations many schools aren't allowed to offer joint degrees so they each have to award you one...hence the big tuition figures.
BTW: INSEAD has a Singapore campus...you apply to either the Fointanbleu or the Singapore campus. Regardless of which one you choose, you get to spend a chunk of time in both campuses. Also, as far as the language requirement at Insead...you need three languages: fluent english and level III of a 2nd language to get in and level III of a third language to graduate. Two of the languages can't be overly similiar, i.e. you can't claim two overly similiar languages...Level III is defined as: "Ability to speak, write and understand with structural accuracy and an adequate vocabulary". They consider Goethe's Zertifikat Deutsch für den Beruf (ZDfB) to be level III. You need to have certification no later than 4 months post acceptance in order to meet the regulations. Also, they offer all students intensive language training as part of the MBA programme...so yes, it can be done but awfully difficult for most north americans.
An advantage of European b-schools over US b-schools is the time frame. Europeans invented the 1 year - 1.5 year MBA programme. Check out IMD and St.Gallen in Switzerland and HEC as mentioned in Paris. Oxford has a 1 year programme, three 10 week "on campus" modules, one 8 week "self-designed" research module, and one final two week "on campus" module...total campus time: 32 weeks! Damn Gina...thats fast. Anyway, all those guys have language requirements but I think its just two.
At any rate European schools and/or US b-schools operating European campuses are on the rise and getting more competitive, lots in part due to the yo-yos in the visa regulations post 911. For more on this issue, read all about it
here. The article also mentions a few other good schools, including Thunderbird...which is NOT just a drink for homeless alcoholics but ALSO a rather fine upstanding institution.
Shit I didn't realize how long this post was, I went all over the place. aahh fcukers. well thats all I know on the topic..if you want more info post here...I doubt I'll have anything else to say but probably I could make some good shit up.
Peace out - my TT homies.
*wonders if jml now has record for longest TT posting*