SAN MATEO (04/10/2000) - The MBA is the most popular master's degree among IT professionals and is widely considered to be the ideal complement to a technical bachelor's degree for IT managers.
Who offers it:
Top-ranked MBA programs include the University of Pennsylvania's The Wharton School, Northwestern University's Kellogg Graduate School of Management, the University of Chicago's Graduate School of Business, the University of Michigan Business School, and Harvard Business School.
Program tuitions vary greatly from public to private institutions, from $28,000 on the high end for out-of-state yearly tuition to as low as $3,000 for an in-state tuition at lower-ranked schools.1Sample concentrations/specializations (1):
Technological Innovation (Wharton)
E-commerce - Technology (Kellogg)
Entrepreneurship or Entrepreneurial Management (Wharton, Kellogg, University of Chicago, University of Michigan)Computer & Information Systems (University of Michigan)Vital statisticsPercent of IT professionals with a master's degree (2)(*):
Senior management - 45.3 percent
Middle management - 36.2 percent
Staff - 24.7 percent
Percent whose master's degree is an MBA (2)(**)Senior management - 23.1 percentMiddle management - 12.6 percentStaff - 4.0 percentWhat people are sayingDoes it matter where it's from?
"Some clients would love it if candidates had a math or [computer science] undergraduate [degree] and got an MBA from a big-name school, but they're equally impressed by people who went back to school while working. They tend to be very impressed by the dedication that takes."
-- Gretchen Lewis, partner, Heidrick & Struggles, Menlo Park, Calif.
BusinessWeek provides comprehensive profiles on 212 U.S. business schools, along with rankings, application and job placement statistics, related news, discussion forums, and specialized search tools.www.petersons.com/mbaPetersons.com's MBA Channel offers a drill-down search engine for sifting through 960 business schools, plus online application tools, financial aid resources, GMAT preparation, and a discussion board.
(*) Of the 93.5 percent of survey respondents who reported holding any degree.
(**) Of those who reported having a bachelor's degree or higher.
Sources: (1) BusinessWeek 1999 Best Business Schools update; (2) 1999 InfoWorld Compensation Survey.