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re: Shocking news: The value of an MBA is rapidly declining

Posted on 1/17/13 at 1:21 pm to
Posted by lsu711
Member since Sep 2003
13097 posts
Posted on 1/17/13 at 1:21 pm to
He says ROI isn't there for any school other than the five mentioned. I don't agree because everyone's opportunity cost is different, employers contribute to tuition costs and schools offer scholarships.

Bhatti would argue you should not have pursued an MBA because with no cost and no reward, your lost time is worth something. Odds are whether that time was spent with your family or starting Microsoft in your garage, it was more valuable than the experience of sitting through MBA classes. Would you consider the MBA to have been worth your time?
Posted by Hammond Tiger Fan
Hammond
Member since Oct 2007
16220 posts
Posted on 1/17/13 at 1:26 pm to
quote:

Bhatti would argue you should not have pursued an MBA because with no cost and no reward, your lost time is worth something. Odds are whether that time was spent with your family or starting Microsoft in your garage, it was more valuable than the experience of sitting through MBA classes. Would you consider the MBA to have been worth your time?


It may serve a purpose later down the line in my career, but within the intermediate timeframe, it hasn't justified it's cost. I'm just glad I wasn't the one footing the bill for it. Yeah, I had to spend time working towards it, but when I chose to get it my kids were very young and my wife benefited from that b/c I stayed home a lot due to studying, doing homework, et al.

All I'm saying is if I had to pay for it out of my own pocket, I wouldn't have gotten it.
Posted by rickgrimes
Member since Jan 2011
4181 posts
Posted on 1/17/13 at 2:21 pm to
quote:

He says ROI isn't there for any school other than the five mentioned. I don't agree because everyone's opportunity cost is different, employers contribute to tuition costs and schools offer scholarships.

Even if it were true, it wouldn't apply to you, right? Didn't you go to one of those top 5 schools?
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