re: MBA admissions essays

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Don't take it the wrong way, but it makes me glad I chose to go out of state for school.

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Yeah, I don't regret going to undergrad at LSU at all, but I wish I would have gone elsewhere for grad school.

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If all else fails, I could do our MS ACCT program where close to 100% of the students go B4.

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LSU's accounting program is like this, but I will go back to farming before I become an accountant.

At least LSU has name recognition nationally. UNO doesn't even make it to Houston. I realize that a large part of this is timing. Half of the reason I got the MS in Acct was simply to "extend and pretend" another year, as it was a low cost option. I knew full well that the degree itself would do next to nothing for my career-wise.

Although the job market has gotten "better," for entry-level finance, its still a battle royale, and I don't foresee that changing. My dad thinks its a lack of experience, that if I just go work at the place I'm at or some other respectable accounting job, that that will solve my issue. I don't disagree with him that work experience is important, but we're talking about entry level jobs, most people applying don't have much work experience to begin with.

I don't want to be an auditor or just a pure accountant, but my concern is that after two years and nearing 26, I will be branded as such by the nature of my work experience and people won't think my skills are transferable.

At the same time, it is utterly ridiculous to me that I would consider going back to school at 26 with a graduate degree, a CPA, and having passed all 3 parts of the CFA, then foregoing 2 years of income and paying 68k, for a degree that I will likely learn very, very little from. Just so I can get a specific type of job. That's a really tough pill to swallow, on multiple levels.

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a CPA, and having passed all 3 parts of the CFA,

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Once you have both of these, where you went to school is not going to matter all that much, IMO.

The place I work at right now usually does a DCF, a market method (P/E and comps), and a capitalized earnings approach, all of which get adjusted for DLOMs and control discounts. My boss puts all 3 into the valuation report and makes a professional judgment from there. Most of the valuation reports we do are for tax clients for gift/estate purposes, with the occasional m&a consultation for an audit client.

You can still apply to Tulane. I got an email reply from them today saying they accept applications all the way up through July, but the earlier the better. You have to determine what you're trying to get out of the degree and where you're coming from to determine which school is worthwhile.

ETA: I don't think there is much difference at all between UNO and Loyola. I don't know a single person who has gone to Loyola to get their MBA. I would assume Loyola is 2x as expensive though.

For whatever its worth, I think at some point Loyola MBA was high in some sort of ranking. Can't remember for sure.

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alumni base was pretty weak.

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I think you are correct.

I think it was like #5 in Southern Private schools MBA? I can't remember for sure. Probably does not apply anymore anyway.


For name recognition, the obvious choice is Tulane. Even if it is overvalued, theres value in the name for employers.

Thanks for the insight. What have you thought of the MBA program at UNO since you have been there?

I visited with both admissions directors at UNO and Loyola. Loyola has a very small class (under 100 students). UNO seemed to be much larger. I know that you haven't heard much of the program at Loyola, but with the big difference in tuition, wouldn't you think it would be smarter (financially) to attend UNO?

Thanks for the clarification on Tulane. I will have to get an application in soon.

KFizz isn't in MBA school. He's a MS acct.