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re: MBA Jobs
Posted on 10/2/14 at 6:44 am to LSUFanHouston
Posted on 10/2/14 at 6:44 am to LSUFanHouston
quote:
Example, one friend with a human resources background got an MBA, and another friend with a marketing background got an MBA. Both got them while still working. Both did not change jobs after getting their MBA. Both plan on going into management (management of HR dept, management of marketing dept) and thought it would be good.
So in 10 years when they get the executive level job over their competition who doesn't have an MBA will it still have been a shitty decision?
MBA's take time to pay off - they aren't like law or med degrees. I think this is something that both MBA schools and candidates needs to start preaching. It's a career-long degree, not some instant ticket to wealth and promotions (usually).
0
Posted on 10/2/14 at 6:44 am to barry
quote:
MBA's have a shelf life. "A few years down the road" no one will care all that much that you have an MBA. It holds its most value within the first year. You need to start looking for a career pronto.
I couldn't disagree with you more. Why would an MBA become irrelevant? As you learn your company and become privy to more inside information and upper management thought process it actually becomes more valuable because you find yourself thinking like an executive instead of the peon that you are. I'm in middle management now and I know that I'm somewhat tabbed as a "prospect" for upper management once some openings come about. I'm not sure I want to surrender my freedoms to return to a corporate HQ but it's something that I'll at least have an option to do.
This post was edited on 10/2/14 at 6:53 am
Posted on 10/2/14 at 9:49 am to SirWinston
quote:
I couldn't disagree with you more. Why would an MBA become irrelevant? As you learn your company and become privy to more inside information and upper management thought process it actually becomes more valuable because you find yourself thinking like an executive instead of the peon that you are. I'm in middle management now and I know that I'm somewhat tabbed as a "prospect" for upper management once some openings come about. I'm not sure I want to surrender my freedoms to return to a corporate HQ but it's something that I'll at least have an option to do
I agree with this, though I think a lot of the issue is when people earn a masters degree too early in their career. A masters degree with zero experience isn't going to help you a ton, but a masters degree (or MBA) with 4-6 years of experience can help you land a great job.
Posted on 10/2/14 at 11:20 am to SirWinston
quote:
I couldn't disagree with you more. Why would an MBA become irrelevant?
If he wants to switch careers. He's not talking about being a large company for a long time. The knowledge you learned gets you somewhere forever, my point is 5 years after you graduate, people aren't going to give you a job JUST because you have an MBA, it will be a small small part. Out of school, you are literally getting jobs soley because you just graduated from b-school.
eta: I'm not talking about someone with no good experience to begin with, someone with 4-6 years of work experience when they graduate.
This post was edited on 10/2/14 at 11:21 am
Posted on 10/2/14 at 11:47 am to barry
In my opinion, the real value in an MBA is when you get it 3-5 years after working and only if you get it from a top 25 school. A top business school provides extraordinary recruiting for top knotch jobs that pay generously out of the gate (and only get better, at a fast rate). Additionally, you make connections with people at your school that will in the future be very successful.
This post was edited on 10/2/14 at 11:47 am
Posted on 10/2/14 at 11:56 am to barry
I'm looking to get my MBA because I want a career change. I want to learn more technical skills, I guess you would say. I'm 31, and I think that's an average age for the program.
Posted on 10/2/14 at 12:06 pm to raw dog
quote:
In my opinion, the real value in an MBA is when you get it 3-5 years after working and only if you get it from a top 25 school. A top business school provides extraordinary recruiting for top knotch jobs that pay generously out of the gate (and only get better, at a fast rate). Additionally, you make connections with people at your school that will in the future be very successful.
This is what I'm hoping for. I test well, and I have a high undergraduate gpa. I do have a family, so that's a concern. I know Kenan-Flagler has an online MBA, but I don't know how useful that would be to me.
Posted on 10/2/14 at 1:03 pm to SabiDojo
I would look into the professional program if you are planning to work full-time. I feel that the networking opportunities are as important as the stamp on your resume. I am currently enrolled in a professional program and although it is very time consuming, I am enjoying it so far. I am the youngest in the program at 23. The average age is around 26-28
Posted on 10/2/14 at 1:06 pm to SabiDojo
quote:
This is what I'm hoping for. I test well, and I have a high undergraduate gpa. I do have a family, so that's a concern. I know Kenan-Flagler has an online MBA, but I don't know how useful that would be to me.
My problem would be risking no income for the years you are in the traditional MBA. I dont have a trust to just pay for it all either and the MBA is at least worth $70k and up. Id have to take out loans for sure. The question is do you get a $120k plus job after finishing to start paying down the debt. That is what is keeping me from trying to do it.
Posted on 10/2/14 at 1:14 pm to LSUTOM07
quote:
I would look into the professional program if you are planning to work full-time.
I don't know if a professional program is for me, though. I'm a lawyer, so I'm not really in the traditional business world. I don't know if that makes me the right fit for the professional program. If I go, I think I would want to do the traditional program. Maybe I'm wrong, though.
I need advice. Please tell me more about the Professional MBA and why it's different.
Posted on 10/2/14 at 1:16 pm to AUtigerNOLA
quote:
My problem would be risking no income for the years you are in the traditional MBA. I dont have a trust to just pay for it all either and the MBA is at least worth $70k and up. Id have to take out loans for sure. The question is do you get a $120k plus job after finishing to start paying down the debt. That is what is keeping me from trying to do it
Me too. I have no college/law school debt, but I'm worried about no income for two years. I have a wife and two kids.
It's a gamble. I just want to know if it's worth it.
Posted on 10/2/14 at 1:21 pm to SabiDojo
quote:
Please tell me more about the Professional MBA and why it's different.
I have friends in full-time programs (only SEC schools) and classes are much more detailed with in depth case studies. This is where the professional program lacks. A lot of the work will be done on your own time. Your goals for the program may be different than mine, so the networking and face to face aspect may not be quite as important. I wanted to get the absolute most out of my money while continuing to gain work experience because of my age. The professional program was the best fir for me.
Posted on 10/2/14 at 1:49 pm to SabiDojo
quote:
It's a gamble. I just want to know if it's worth it.
Exactly. Same with me.
Posted on 10/2/14 at 2:37 pm to AUtigerNOLA
quote:
AUtigerNOLA
It seems to me you and I are in the same boat. What do you do now?
Posted on 10/2/14 at 3:22 pm to SabiDojo
I'm considering the professional route too. Traditional is just too much of a financial burden on me. I don't make all that much money right now I definitely couldn't stop for a couple years.
I should say I'm only two years removed from undergrad in finance though.
I should say I'm only two years removed from undergrad in finance though.
Posted on 10/2/14 at 3:50 pm to LSUTOM07
If you don't work for a company that will at least partially pay for your MBA id say it's not worth it.
Posted on 10/2/14 at 3:52 pm to SirWinston
quote:
If you don't work for a company that will at least partially pay for your MBA id say it's not worth it.
Well, that's discouraging.
Posted on 10/2/14 at 4:09 pm to SabiDojo
quote:
Well, that's discouraging.
And completely false.
I'm going to make up the entire cost of my tuition in two years post grad. With no company sponsorship. There were plenty of other people who did the same. You just have to be ambitious, you can't just get the paper and wait for someone to knock on your door.
This post was edited on 10/2/14 at 4:11 pm
Posted on 10/2/14 at 4:11 pm to LSUTOM07
quote:
I have friends in full-time programs (only SEC schools) and classes are much more detailed with in depth case studies. This is where the professional program lacks
We had that at my professional program, we covered the same material as the full time.
Posted on 10/2/14 at 4:13 pm to SabiDojo
quote:
I don't know if a professional program is for me, though. I'm a lawyer, so I'm not really in the traditional business world. I don't know if that makes me the right fit for the professional program. If I go, I think I would want to do the traditional program. Maybe I'm wrong, though.
We had a lawyer in ours. Had a nice job at a major O&G company. She liked it just fine, not sure why it would be any different for a lawyer than anyone else.
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