Evan Forster talks about how to decide between business schools once you've been accepted...to more than one.

"Stop your crying!" I said to Arun, and later to Linda, not to mention a bunch of other Forster-Thomas candidates who were recently accepted to more than one of their top MBA program choices. That's what I call a high-class problem.

So you got into several of your top MBA choices—say, both Kellogg and Booth—and now you don't know what to do? First things first: You don't choose a school by its ranking in a magazine or because your mother wants to wear its name like that bright red Hermes scarf at her bridge game.

The first rule of thumb: Ask yourself what the school is going to do for you in the long run. Will it help you get the job you want, tackle the career change you want to make and/or, of course, ultimately help you, as Gandhi would say, "be the change you wish to see in the world"? Ok, ok, I know you rolled your eyes on the last one, but an Aunt can dream. For example, if you're relatively weak in the quant area, no one doubts that a Booth MBA received an extremely rigorous quant education. That said, don't make the choice based on upfront cost. The differences in tuition among MBA programs are negligible in the long run. After you've considered the long-term benefits the school has for you, go and re-visit. Attend admit weekend. Hang with the people. These people are not only going to be your classmates, but they are going to be your friends and contacts forever. If you don't like them now, chances are that's not going to change much.

Which brings up another point: Where are recent alumni now? Yes, yes, we know that Warren Buffett went to Columbia Business School. But really, how's that going to help you? Find out where the recent MBA grads are now—three years, five years, seven years out—and talk to them. Also, word to the wise: Don't drink too much at admit weekend, and do go home alone—you don't want to have a reputation before you get there. (Oh, we've heard stories ... also see "Admit Weekend Crashers" ... it's not exactly what we're talking about, but it's damn funny).

Back to decision-making in the light of day: Ultimately, the reason visiting is so important is that when you step onto the campus, you're going to get a feeling. It's unexplainable. It's just one of those things that you know. You feel it. After all your research is done, use your heart, not your head. On that note, consider that you might meet the man or woman you're going to marry. An Aunt can dream.

—Auntie Evan