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re: Managers not MBA's
Posted on 5/27/14 at 1:31 pm to barry
Posted on 5/27/14 at 1:31 pm to barry
quote:
but I no longer see the benefit to coming out of pocket for one. The value just isn't there.
Well thats just not true.
Its just like any professional degree. If you are gonna be in the bottom part of your class, it probably won't be worth it.
Its still a good value, assuming you go to a good school. Lots of employers look for it, even if its watered down.
if its a night school at a lesser school or 100% online, skip it.
Posted on 5/27/14 at 2:08 pm to Hawkeye95
quote:
if its a night school at a lesser school or 100% online, skip it.
Depends on what you plan on using it for. I know that a certain local government gives any employee who recieves an advanced degree between a 7-10% raise. Furthermore , if you are looking at online or night then it's probably safe to assume that there aren't many better options for you.
Posted on 5/27/14 at 2:18 pm to Hawkeye95
quote:
Its still a good value, assuming you go to a good school. Lots of employers look for it, even if its watered down. if its a night school at a lesser school or 100% online, skip it.
True, but I would add to this: it makes all the sense in the world if you want to start a new career, if you know what you want to do. What I would also say is that the MBA gets you three things (ideally):
1) A higher level of education that prepares you for the next level (caution: you'd be better off reading books and working your nuts off at work if you aren't prepared to study)
2) A network of people that you can use for subject matter expertise, business development, or job searches in the future
3) A first job.
I'll say this as a guy that didn't get an MBA but is in a career where it's almost a requirement (management consulting): You can get there without an MBA, but the road is harder and if you choose that path you need to actively manage your career and make difficult choices. You'll be paid less, but the gap in pay between MBA degrees and college graduates may never pay off if you don't work your balls off once you get out.
On the other hand, I have managed plenty of MBA graduates at work. What I find is that the guys that have an Ivy league degree act entitled and pretty much mail it in. The ones from top 30 schools that are not Ivy (e.g., Michigan, Texas, Vandy, Duke) have a slight competitive streak and blow the Ivy kids out of the water.
As for your situation, I would at least study for the GMAT and get in, and then make your decision - especially if you want to make a career change (presumably to a highly lucrative field such as O&G or Finance). At least you open yourself up for the opportunity?
Key would be to determine what you want to do and if the future earnings will really pay off for taking 2 years off as opposed to putting that energy into working.
What I wouldn't do is study to get into a top 15 school based without knowing where I wanted to end up.
Posted on 5/27/14 at 2:32 pm to Hawkeye95
quote:
or 100% online, skip it.
Major colleges offer online MBA programs that look like Brick and Mortar. Same curriculum, same title on resume, and they would not differentiate between the two if a potential employer called them about it.
I'm going to get mine at Auburn probably and my company is going to pay for it. Why not? Its just another resume building block and I could use the knowledge.
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