Questions in mind before accepting Cranfield MBA

There are a lot of questions in my mind regarding the Cranfield MBA. I must have thought about them before applying, but I think its not too late. Also got a mail from a fellow Cranfield admit who asked few of them, and now I am forced to think about them. I think I have concrete answers to them. Comment if you think otherwise.

"Concerns about post MBA job prospects & economy" - Well, I do have my own views on the job prospects and the economy. As suggested by many people in the industry, the job prospects depends on number of factors like the sector you want to work in, and the role/profile you desire. Since I do not have very clear picture of what I want to do post-MBA (except for the fact that I want to go into consulting) , I have not got very good picture of the job prospects.

But overall, one thing is clear, an MBA will give a lot of weight to my resume, and will definitely make me employable. One of my friends who works in UK says that with my profile (experience in IT software development) I can get jobs now even without MBA. So it means jobs are there. But with an MBA, I would like to get a job as a consultant, or a project/program/product manager in a niche sector, which might be difficult to get into. There are two main reasons for me to join Cranfield - to work in UK post MBA, and to get a quality education. And as I am not looking for a specific profile (as of now), I think I would be able to land a job.

"real ROI for people like us in IT industry." - About this, I think ROI should be very good. As IT is still a 'hot' industry and there are jobs around in the UK. And the ranking as per ROI being high in Cranfield helps, as it suggests ROI is indeed high, regardless of industry.

"Another concern is couple of top ranked Unis rejected my application due to my lack of management experience" - this happened to me as well, and I do not have answer as to whether its good to go for an MBA without managerial experience in the UK, as the course is for 1 year only and the class we will be attending will have quite a lot of people people with lot of managerial experience. It will be competitive, but at the same time there might (just slight) be a disconnect.  I do not know.

"Also do u know which electives (specialization) is preferred by students at Cranfield?" - I did not do such research, but I am personally interested in Entrepreneurship, and electives related to IT only. As I do not want to move out of IT. Overall the course structure is very good with emphasis on personal and professional development, so I think the investment will be worth it.