you don’t really need to have an mba to figure this out! I hold master degree from usa and no how the system works( meaning I have been in debt and also know, how much time it takes to right it off! Speaking of which it jacked up to average debt of harvard mba’s 75k-100k, thanks to recession period of 2000 to 2004, before the wheels started to change but the party dint last! Having leaved the first decade of 2000’s in debt, I lived the second decade prosperous with no debt, whatsoever! So I have been in similar situation and knowledgeable to air my thoughts! Oh long time ago, I also dint take up MBA! No problem getting seats for me in majority of the schools!).
1–regarding class room size, what I said is quite true. If you are thinking that
the mba class room will have student to faculty ratio of 1:15 or even 1:10( which is what i am looking for intimate teaching experience, so that the teacher has full focus on a small team to dissect and bisect the contents) that is not gonna happen( I will quote few links from many sites).
Most of the these so called top schools have no classroom but auditorium kind of set up for common courses( there is no way they are going to have 50 classrooms teaching core first year class in harvard/stand/whar, when they have 2000 to 1000 students). So basically in this kind of set up, you are only receiving knowledge and will not have time to decipher it completely due to lack of time in class of these sizes. Now having paid this kind of exorbitant fees, I will have problem with it.
There is no way you will master the subject!
While there is also a focus on personal development, applicants should also describe the impact they hope to make during their two years on campus—after all, this is also geared towards contributing to a community. Candidates should note that speaking convincingly about their ability to make a positive difference will likely require some informed sense of the areas of opportunity and need on campus. Conversations with students and alumni (as well as other resources ) will be very important in producing the most effective essay possible.
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