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Smalls 
LSU Fan
The South
Member since Jul 2009
1087 posts
| Value of Loyola MBA in Nola (Posted on 12/5/12 at 5:19 pm)
Obviously, an MBA from Tulane is tops, however, for a person living and working in New Orleans, does a Loyola MBA carry any weight, or is it a waste of 40k?
I'm assuming the following...
Tulane>Loyola>UNO>Nothing
Are these assumptions accurate? I'm in banking, FWIW.
TIA 
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Bob Sacamano 
UCLA Fan
La Jolla, CA
Member since Oct 2008
1855 posts
| re: Value of Loyola MBA in Nola (Posted on 12/5/12 at 8:10 pm to Smalls)
Probably does ok but if you can get into TU, do it. TU has a much better B-school, IMO.
Disclosure: Im biased to TU because I went there for my undergrad.
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Bayou Tiger
LSU Fan
The Woodlands, TX
Member since Nov 2003
2925 posts
| re: Value of Loyola MBA in Nola (Posted on 12/5/12 at 9:06 pm to Smalls)
40k sounds like a complete waste of money unless it is from a top school... But I hire engineers, not MBA's, so what do i know?
If your company is paying for most of it and you will take it seriously, then it won't hurt.
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Smalls
LSU Fan
The South
Member since Jul 2009
1087 posts
| re: Value of Loyola MBA in Nola (Posted on 12/5/12 at 9:29 pm to Bayou Tiger)
Well, an MBA is definitely in the cards, and I'm debating moving to the city...so I've started the research process and decided to see what the MT had to say.
I guess what I'm getting at is whether or not the 60k difference between Tulane and Loyola is worth it or not, if one was planning on staying in NOLA long term.
This post was edited on 12/5 at 9:30 pm
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LSUTOM07
LSU Fan
Baton Rouge
Member since Dec 2011
262 posts
| re: Value of Loyola MBA in Nola (Posted on 12/5/12 at 10:26 pm to Bayou Tiger)
quote:
40k sounds like a complete waste of money unless it is from a top school
This is what I hear all the time from people giving advice on where to get an MBA. I think it all depends on your field and what your goals are. I'm in engineering, and from what I've seen, the most important thing is not where you got your MBA from. More times than not, you will not be competing with someone with an MBA from a top 10 school. But in other fields where you will be competing with people with MBA's from top schools, I could see it being important.
But personally, I have seen engineers and project managers take big promotions (management) with online MBA's and one had an MBA from UNO.
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Layabout 
UNO Fan
Baton Rouge
Member since Jul 2011
4448 posts
| re: Value of Loyola MBA in Nola (Posted on 12/5/12 at 11:14 pm to LSUTOM07)
quote:
But personally, I have seen engineers and project managers take big promotions (management) with online MBA's and one had an MBA from UNO.
The ranks of the movers and shakers in New Orleans are filled with UNO grads. They've got a rep for turning out people who get things done.
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TheHiddenFlask 
Clemson Fan
The Welsh red light district
Member since Jul 2008
16382 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 6:58 am to Layabout)
I would never think that a Loyola MBA was worth that. It just screams "I didn't get into Tulane, but I wanted to spend a boatload of money".
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wiltznucs 
South Florida Fan
Apollo Beach, FL
Member since Sep 2005
4352 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 7:43 am to Smalls)
quote:
or is it a waste of 40k?
I did an EMBA which cost me about $40K. A traditional MBA from the same school would have cost me about $25K. When I considered that I would reduce my own income by going part time to attend grad school it actually made sense to spend the additional money on the EMBA tuition. In the end I got what I'd argue was a better education and more connections via the EMBA and the income I earned during the program offset any additional premiums.
Just something to think about...
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TheWiz
LSU Fan
NOLA
Member since Aug 2007
6528 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 8:08 am to Smalls)
I just got my MBA from UNO. I did the executive program. Every other weekend, and it's only 18 months. It was $31k. I feel like the program was done very well, and just like any school setting, you get what you put into it.
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Smalls
LSU Fan
The South
Member since Jul 2009
1087 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 9:52 am to TheWiz)
So really, at this point it sounds like if I didn't get into/couldn't afford TU, I should just go to UNO. I was worried it wouldn't be taken seriously -- but if I'm working just in the city anyway -- I guess UNO would be reasonable.
This post was edited on 12/6 at 10:18 am
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AngryBeavers
LSU Fan
Member since Jun 2012
1539 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 10:51 am to Smalls)
If LSU has a weekend program I would do that before going to UNO anyday. Even Southeastern I would think is better than UNO.
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TheWiz
LSU Fan
NOLA
Member since Aug 2007
6528 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 11:14 am to Smalls)
I think UNO's business programs are the only thing that they really have going for themselves. I've never heard much about SLU being a highly regarded program.
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barry 
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34653 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 2:51 pm to Smalls)
quote:
Smalls
undergrad and post MBA ambitions?
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Smalls
LSU Fan
The South
Member since Jul 2009
1087 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 3:50 pm to barry)
Finance. Career ambitions? US Senator. At some point, maybe  . As far as the 9-5, ultimately I'd like to be CEO of a $5-15 Billion bank.
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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
34653 posts
| re: Value of Loyola MBA in Nola (Posted on 12/6/12 at 3:53 pm to Smalls)
quote:
As far as the 9-5, ultimately I'd like to be CEO of a $5-15 Billion bank.
See if you can get in touch with some high level people at banks and ask for career advice. 1) People looooove to talk about themselvs and 2) When you are not asking for a job or anything but advice people aren't as defensive or cynical.
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jrrbhol
LSU Fan
Member since Dec 2012
1 post
| re: Value of Loyola MBA in Nola (Posted on 1/6/13 at 10:29 pm to barry)
Hi All: I finished the Loyola MBA program at the end of last summer and it has been great for my career. I definitely think it is a great value for the cost. Tulane has a great reputation and education but priced on the higher end. If Tulane is a good fit, go for it.
I find that many Loyola MBA alums are in fairly prestigious positions in the NOLA area, President of the Saints in addition to many, many VPs for the big banks and insurance firms. On the other side, once I finished my degree, I accepted a position at a consulting firm in the Mid-Atlantic and I feel that I've attained a great education relative to my peers.
The new MBA director has greatly changed the aim of the degree from about 5 years ago so I would recommend going to an open house before anything else.
I hope that helps.
cheers.
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