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re: Is a MBA from LSU worth it?

Posted on 1/8/15 at 8:14 pm to
Posted by armytiger96
Member since Sep 2007
1229 posts
Posted on 1/8/15 at 8:14 pm to
Are you referring to the full time, professional, or executive programs?

In my opinion the full time program may be worth it.

Professional or Executive programs are only worth it if your employer is footing the bill.
Posted by GusMcRae
Deep in the heart...
Member since Oct 2008
3246 posts
Posted on 1/8/15 at 8:26 pm to
I went from being a grunt to the HNIC w/in 2 years of getting my eMBA from LSU.

Posted by jeff5891
Member since Aug 2011
15761 posts
Posted on 1/8/15 at 8:29 pm to
quote:

And don't go straight from undergrad to grad school for an MBA, get a couple years of experience first
nah, just intern while in school
Posted by lsusportsman2
Member since Oct 2007
27232 posts
Posted on 1/8/15 at 8:31 pm to
My brother just finished getting an MBA. He only had to go to school an extra year, and gets a huge boost in his salary right after he completes it, so yeah I think it's worth it. But that's your decision and it's totally up to you.
Posted by ArkLaTexTiger
Houston
Member since Nov 2009
2473 posts
Posted on 1/8/15 at 10:16 pm to
Introductory courses in accounting, finance, economics and statistics are useful for anyone in the business world.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32811 posts
Posted on 1/8/15 at 10:22 pm to
Can't speak for an LSU MBA in particular, but I got a promotion and a hefty raise a month after graduating from grad school.
Posted by JeepWave
Moonshine, LA
Member since Oct 2013
96 posts
Posted on 1/8/15 at 10:44 pm to
I got my MBA from LSU...went straight to graduate school from undergrad. It all depends on what industry you're in or are planning to pursue. I'm in Oil & Gas (work for large Engineering firm) so right now, early in my career, the MBA has done very little. However, in terms of climbing the corporate ladder...let's just say most of the he folks in upper management roles have an MBA (or other graduate degree). In terms of networking, I promise it's an opportunity you do not want to pass up. LSU does an effective job in this category, IMO.

Experience does play a key role, but higher education will always set you apart. The other posters are correct...do full-time if you recently finished undergrad. If you're already working, see if your employer will pay (at least half) of your tuition for the PMBA or EMBA.
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 1/8/15 at 11:51 pm to
quote:

got my MBA from LSU...went straight to graduate school from undergrad. It all depends on what industry you're in or are planning to pursue. I'm in Oil & Gas (work for large Engineering firm) so right now, early in my career, the MBA has done very little. However, in terms of climbing the corporate ladder...let's just say most of the he folks in upper management roles have an MBA (or other graduate degree). In terms of networking, I promise it's an opportunity you do not want to pass up. LSU does an effective job in this category, IMO.

Experience does play a key role, but higher education will always set you apart. The other posters are correct...do full-time if you recently finished undergrad. If you're already working, see if your employer will pay (at least half) of your tuition for the PMBA or EMBA.






Naw, engineering or bust. I make more than any accountant or Finance person with an MBA. I'm glad I didn't go the weak business route.
Posted by Lou Pai
Member since Dec 2014
28172 posts
Posted on 1/8/15 at 11:54 pm to
Lolz, no you don't.
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 1/8/15 at 11:58 pm to
quote:

Lolz, no you don't.


frick off.
Posted by Lou Pai
Member since Dec 2014
28172 posts
Posted on 1/9/15 at 12:00 am to
OP, it depends. If you have a business degree from LSU, I would say it's pretty worthless, and there's nothing worse than getting it right out of undergrad from the same institution if you have a business degree IMO. However, it may be different if you are an engineer or something along those lines and need it for advancement, etc. The opportunity cost for full-time is obviously extremely material, and should be considered.
Posted by Lou Pai
Member since Dec 2014
28172 posts
Posted on 1/9/15 at 12:02 am to
u angry?
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 1/9/15 at 12:09 am to
What evidence do you have that anything else makes more than a EE?
Posted by Lou Pai
Member since Dec 2014
28172 posts
Posted on 1/9/15 at 12:19 am to
There are kids in finance jobs that make $150k-180k before they are 25 and substantially more by age 30. They aren't necessarily the norm at LSU by any stretch, but they exist. Kids in accounting can also hit 6 figures by their mid to late 20s and make half a million a year before they are 40 if they stick it out with Big 4.
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 1/9/15 at 12:30 am to
What companies are you making reference to that pay the salaries you're speaking of? Deloitte, KPMG, EY, and PwC are no where near what you're talking about. No one stays at any of the Big 4 to make partner, most venture off.
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 1/9/15 at 12:30 am to
What companies are you making reference to that pay the salaries you're speaking of? Deloitte, KPMG, EY, and PwC are no where near what you're talking about. No one stays at any of the Big 4 to make partner, most venture off.
Posted by Lou Pai
Member since Dec 2014
28172 posts
Posted on 1/9/15 at 12:33 am to
quote:

What companies are you making reference to that pay the salaries you're speaking of?


Wall Street...investment banking, hedge funds, private equity, equity research, etc.

LINK /

quote:

Deloitte, KPMG, EY, and PwC are no where near what you're talking about.


Yes they are. LINK

quote:

No one stays at any of the Big 4 to make partner, most venture off.


True, some leave, but usually for good gigs in the industry, especially with a CPA.
Posted by Breauxsif
Member since May 2012
22290 posts
Posted on 1/9/15 at 12:52 am to
quote:

Wall Street...investment banking, hedge funds, private equity, equity research, etc.


Cost of living in NYC is outrageous. You see the stats?

quote:

Deloitte, KPMG, EY, and PwC are no where near what you're talking about.


Still not higher than a EE major at Microsoft, Amazon, or Boeing. Starting salary $120K plus.


quote:

Deloitte, KPMG, EY, and PwC are no where near what you're talking about.


Everyone I know stays 1-2 years tops and no one stays to make partner, it's not guaranteed.


Oh yeah, and welcome to TD
I like how you're money motivated just like me.
Posted by lynxcat
Member since Jan 2008
24207 posts
Posted on 1/9/15 at 1:31 am to
There are two very different conversations when it comes to MBAs...

Are you looking to go to a Tier 1 school? (Harvard, Wharton, Stanford, Kellogg, Booth, etc.) If not, then just get an MBA from the area of the country you want to live in for the cheapest you can find from a respected school in the area.

There is another piece to this question...What are your career aspirations? If you want to be a Director of X, then a MBA from anywhere will do. If you want to be in the C-suite of a Fortune 1000 company, then a Tier 1 MBA carries significantly more weight to make that happen.

Regarding B4 salaries...average person is making six figures around the time they are promoted to manager. Varies by market and practice areas generally.
Posted by Poncho
R.I.P. Ivar's
Member since Aug 2014
537 posts
Posted on 1/9/15 at 1:40 am to
LSU MBA is probably equivalent to a law degree from southern. Just do that instead.
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