Ivy school or Tier 3 MBA; UCLA vs CSULA?

Hey I just got admitted to Cal state LA's MBA program, didn't do so well in my applications first round. But I wanna know should I continue with this tier 3 school (whatever that means) or should I pick up my boot straps and try applying anew for next year at an ivy school like UCLA. Should I do this semester at cal state and when I get accepted at an Ivy school drop cal state and start again?

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