After some opinions. My firm is willing to fund an EMBA for me up to the tune of £15000. Ideally I would undertake Cranfeilds 'Defence' EMBA, as it is pretty much the pinnacle for my industry.
However it is £20,000 more expensive then an MBA in, for example, Cardiff Business School. Therefore if I was to undertake this I would need to find the £20,000 myself, which is possible but would mean a serious change in lifestyle and probably mean I could not start the MBA until 2016.
If on the other hand I went for Cardiff, it would cost me nothing and I could start the course next year, with relatively little impact on my lifestyle. (Except for all the work of course!).
Although Cardiff obviously does not have the brand name or the level of (highly focused) contacts that I could make in Cranfeild, it is a lot more appealing from the perspective that I could buy a house, still go on holidays etc rather than use all my savings on an MBA.
My aspirations are to become a director at the small niche firm I work for (all of whom have MBA's, think Bath, Warwick etc not LBS). I am 25 years old so not exactly in a rush to do an MBA, but certainly keen to grasp the opportunity now should the opportunity (funding) not be there in two or three years time. Also may not have so much spare time when I'm 30!
So my question really is, if you were in my position, which option would you choose? And what are the reasons for that choice?
Thanks in advance.