How well an MBA can help military members transition to a civilian career? Does an MBA need to be from a "top 10" school?
I just finished my M.S. yesterday from Colorado State University-Global. Its completely online. I am applying to the MBA program (also online) with the University of Wyoming for this fall. I'm very happy with my choice of schools. It works for me since I have to work full time to take care of a family. They aren't note-worthy schools that Harvard, Georgetown or Columbia might be but they fit my needs. They are accredited and the grad programs are acceptable to most employers.
I think it depends on your needs at the moment and your plans for the future.
That combined with vets preference and special hiring authority like VRA or VEOA could be a jump start.
From an educational standpoint, I would agree with you that
an MBA can be helpful, however, if a vet thinks getting one will assist in
career placement from a resume standpoint, it is my opinion that it won’t
assist them in obtaining a higher paying position than their civilian
experience warrants. In higher paying
jobs, the civilian sector wants to hire someone who has experience doing
whatever it is they are hiring for and can hit the ground running from day
one. A vet with an MBA will be preferred
just slightly over another candidate who has an MBA but no civilian experience,
e.g. a recent college/MBA graduate.
Probably not want people to hear but while getting an MBA is
an excellent way to assist bridging the gap for a vet, it won’t span the
disparity of not having civilian experience.
I, like most vets, took a step backwards when entering the civilian
marketplace however, because of my military experience, I was able to excel past
peers, be recognized and advance quickly.
The key as I see it is to find a place that promotes based on
performance and not based on how long you’ve been with a particular company.
I agree with Craig. If getting an MBA has been a goal for you, go for it! However, if you are only pursuing an advanced degree to make yourself more marketable, there are less expensive ways to improve your standing as a candidate.
That being said it depends a lot on your goals. If you don't want to be in finance or at a top management consulting firm then you might not need a top MBA. Just be aware that once you get outside of the top 15 or so they become very regional. So it would be best to attend a program that is in the same vicinity to where you would like to work. Also any reputable program should post their employment reports on their website. Make sure that the type of companies you want to work at recruit from the school you want to attend. Unfortunately the quality of MBA programs drops faster than their tuition. There are lots of programs out there that probably do not justify their costs so buyer beware. Make sure you do the research up front before jumping in.
I agree with Craig. If getting an MBA has been a goal, go for it! However, if you are only pursuing an advanced degree to make yourself more marketable, there are other and less expensive ways to improve your standing as a candidate.

MBA
Transition
