I intend to complete general mba for the compliance consulting jobs and need to decide among the following based on ranking, big cities and available funds:

1) University of Cincinnati ($15,000 scholarship) - cost me 50,000 for entire program including living expenses.
2) Depaul
3) NC state uni.
4) Uni. of Alabama - Menderson
5) SUNY - Binghamton
6) HULT with $24,000 scholarship at Boston Campus.

I don't think you need an MBA to work in compliance. A specialist degree could be much more effective.

I'm not clear what you want to help organisations to be compliant but it might be financial...
- http://www.necb.edu/master-of-science-in-business-ethics-and-compliance-online.cfm
- http://www.bu.edu/academics/law/programs/graduate-program-in-banking-financial-law/
- http://www.icmacentre.ac.uk/courses/msc-capital-markets-regulation-and-compliance
or healthcare-oriented...
- http://www.scs.northwestern.edu/program-areas/graduate/regulatory-compliance/
- http://hlaw.ucsd.edu/

PS Looking at LinkedIn, it seems that that of the schools you have listed DePaul and Alabama have the most alumni working in that area, followed by NCSU, Cincinnati and Binghamton. However, fewer than 10% of them have MBAs. Some have masters in taxation or accounting, others are qualified in law.

Thanks Duncan.

I shall pursue an MBA from among abovementioned BSchools and do not need a specific degree. Compliance is a broad field. As you have rightfully mentioned that it includes Tax Compliance (SOX compliance), Regulatory Compliance, Financial Compliances (for Banks and hedge funds etc.). I do not want to restrain myself for a specific field as i already had in hand experience. I want to further improve my knowledge in HR compliance and Financial Complience and look forward to join a career in Consulting related to Compliance. Compliance also plays a mojor role in order to ascertain the policies of firms in global context. Like BCG, 60 % of its partners hold MBA degree and out of them, 20% are law graduate. http://www.bcg.com/about_bcg/leadership/executive_committee.aspx#tcm127161
MBA with law/ JD (as all of the top 50 BSchools in US provides this combined course), makes a candidate most dynamic business leader in consulting. Therefore, MBA is required because being a support service partner (like a compliance leader in any firm - or "like a medical compliance specialist"), you cant be in the leadership or at top management. MBA will complete your requirement if you are already a specialist (like a IT, Lawyer etc.). MBA can provide you a understanding of different functions the moment you become a partner of any firm.

I think you need to reflect on your career goals. Most BCG partners do have MBA degrees, but these are degrees from either the top ten US business schools, or from Insead or London Business School.

If you want to work at BCG, or in a top management role in a professional services firm, then the schools you are looking at are not a highly effective route.

The schools you are looking at would be good for finance and accounting (Bank of America, Northern Trust, JPMorgan, Ernst and Young), technology (IBM, Cisco, AT&T) or industry (Proctor and Gamble). In terms of those finance and accounting firms, DePaul and NCSU are the schools to focus on (especially for BoA, JPMorgan, NT, Allstate, Wells Fargo...).

But if you want to become partner in a banking or FS role, you should aim at much better schools.