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re: Justify LSU EMBA vs McNeese MBA
Posted on 6/23/11 at 7:25 am to TheHiddenFlask
Posted on 6/23/11 at 7:25 am to TheHiddenFlask
quote:
The people at his program. I am pretty critical of lsu's MBA program st times, but I csan guarantee our grads are better off than any other public MBA program in Louisiana.
Thats cool,.. I can understand an elitist attitude as you graduated from a program in the 55th percentile nationally and not even on the map globally. I too have been known to walk into bars and proudly proclaim that my penis is entirely average, so I can relate to your position.
We all have pride in our alma maters, but its time to take off the purple and gold colored glasses. I cant in good conscience tell this guy that taking on $30,000 in additional debt is justified without knowing there is a hard sure return on his investment. Only the OP can answer that question.
This post was edited on 6/23/11 at 7:38 am
Posted on 6/23/11 at 7:56 am to wiltznucs
Lol. I am glad they taught statistics at USF. Tanked 55th is not the same as in the 55th percentile. Keep telling yourself your MBA is just as good as one from UF, if it helps you sleep at night.
Posted on 6/23/11 at 8:48 am to wiltznucs
quote:
I cant in good conscience tell this guy that taking on $30,000 in additional debt is justified without knowing there is a hard sure return on his investment.
Comparing the returns on investment, which I suppose was the OP's original question, is a different animal. I was replying to the comment about post-MBA compensation in health care being the same across the board. Strictly looking at post-graduation compensation, on average, an LSU grad will make more money than a McNeese grad. Disregarding the educational value of both schools, employers recognize the LSU program is more competitive than McNeese. On average, smarter, more successful students with greater potential go to LSU. So knowingly or not, companies use the MBA admissions process to pre-screen job applicants. That said, I would think/hope the quality of the professors, the overall quality of the other students, facilities, etc. at LSU would far exceed that at McNeese. All of those factors would point to better developed graduates who demand higher compensation after graduation.
I couldn't say which degree would pay back quicker. For the average person, my guess is neither would pay back within 10 years. That would keep me from attending. The OP is talking about a difference of $4,000 out of pocket. LSU over McNeese for an extra $4,000 is a no brainer. Personally, my time is more valuable than a McNeese degree or an LSU EMBA. To get an LSU EMBA, you are talking about basically no free weekends for 17 straight months while working full time? I don't see how that is worth it.
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