Certification or MBA

What exactly are your goals? What would you hope to gain by obtaining either? I think answering those questions will help you make that decision.

Get MBA because it will last your entire life, as opposed to a certification, which is only specific to that industry.

A College degree/MBA is much much more valuble than any certification (unless its CCIE and even then its a close call). The main benefit to an MBA is its applicability in other industries (if you ever decide to switch careers or what not). Good luck in whatever you decide to do.

...with the observations made here...degrees last your entire life. If you get the right MIS program, it could serve you better than some MBA programs, if your end goal is management in a technical field. You want something that balances knowledge of other roles in the company (legal, finance, project management, etc) with the technical information. This helps you understand your "customers" later in life AND gives you some fallbacks when the employment market changes - which it will eventually. Certifications expire - and what do you want to do NOW? because that's what kind of cert you should be looking at - you won't graduate and immediately hop into Management. If your immediate goal is employment, a certification may help you stand out against other candidates.

You are more likely to get a certification and gain weight on your resume sooner than an MBA. Also, some schools will count some certifications towards credit for a Master's Degree. Here is an example of such a school:

http://www.capella.edu/reborn/html/schools/technology/petition_masterscerts.aspx

If it is your goal to rise to the top of this or any other organisation then that would be better served with an MBA as it would require involvement in corporate planning, forecasting, finance, management of other people inclusive of other managers, involvement at the board level, meetings with external bodies at the highest level etc. On the other hand if you wish to remain in the technology environment as a 'techie' or administrator then certification would be the way to go. This is not to say you should not go for both as they are not mutually exclusive. The sky is the limit my friend - ALL THE BEST IN THE FUTURE !!!!

Certifications come and go and by their nature can be "crammed" for completion. Nobody can take away the benefits of an advanced degree, nor get one overnight.