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re: MBA

Posted on 12/21/09 at 1:34 am to
Posted by LSUlunatic
Member since Dec 2006
6833 posts
Posted on 12/21/09 at 1:34 am to
Are the pre-mba field and post mba-field of work supposed to be the same? Also, what's the difference between an mba and an executive mba? Are admission requirements more slack for online mbas versus irl mbas at the same institution (ex. univ. of florida) and are the benefits the same? Thanks for the help.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/21/09 at 1:47 am to
quote:

Are the pre-mba field and post mba-field of work supposed to be the same?


Not required, but it obviously gives you a shot at better jobs when you graduate if you have work experience in the field you want to go into.

However, many people use an MBA as a change of direction in their career path. I would guess it's about 50/50.

quote:

Also, what's the difference between an mba and an executive mba?


An executive MBA is just a type of MBA program. All the executive part reflects is the scheduling.

At LSU there are three programs: Full-time, professional and executive.

Full time students go to school all week long during the day.
Professional students go during the evenings during the week.
Executive students go on the weekends.

The idea is that it will allow you to keep working, whereas a full time program would require you to quit your job.

quote:

Are admission requirements more slack for online mbas versus irl mbas at the same institution (ex. univ. of florida) and are the benefits the same? Thanks for the help.


I don't know about price, but the benefit is not at all the same. A large portion of the benefit you receive in MBA school is the network and the social skills you develop. You miss out on that with an online program.



As an aside: The phrase "IRL MBA" made me
This post was edited on 12/21/09 at 1:51 am
Posted by lsu711
Member since Sep 2003
15384 posts
Posted on 12/21/09 at 10:13 am to
quote:

UVA - no interview invitation
Texas - interviewed
Rice - interviewed


That makes me feel a little better. I think I am ok as far as GPA. I had a 3.6 in undergrad and a 3.9 in grad school. Both are non-business degrees. I took the GMAT last month and got a 770. I like Dartmouth, Yale, UPenn and MIT and I was thinking about UVA or Texas as a safety. I agree with your formula, but I’m having trouble determining what is a safety school and what is a reach. The numbers work (GPA, GMAT, years of work exp.), but I don’t have an Ivy undergrad or 5 years at Goldman Sachs.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/21/09 at 10:45 am to
quote:

I took the GMAT last month and got a 770


If this isn't a typo or an O/T stat, then....

quote:

what is a safety school


Every school

quote:

what is a reach


No schools.

a 770 is like the top 1 percent of the first percentile or something like that.

Unless you just bomb the interview you are a shoe in.
Posted by lynxcat
Member since Jan 2008
25215 posts
Posted on 12/21/09 at 2:27 pm to
quote:

No schools.

a 770 is like the top 1 percent of the first percentile or something like that.

Unless you just bomb the interview you are a shoe in.




A 770 is a ridiculous score.

I'm aiming at a 700 to give myself a shot at some of the top 10 schools.

You will probably get in to half the top 10 if not more.
This post was edited on 12/21/09 at 9:40 pm
Posted by DWaginHTown
Houston, TX
Member since Jan 2006
10207 posts
Posted on 12/21/09 at 2:43 pm to
quote:

I am an engineer in the oil/gas industry. I want to stick with the energy sector.


University of Houston has an MBA program geared towards the energy sector.

Univ of Houston
Posted by lsu711
Member since Sep 2003
15384 posts
Posted on 12/21/09 at 8:18 pm to
I don't think anyone can be considered a shoe-in for any of the top 10. Each of the top schools has 3 or 4 different essay questions and unique recommendation forms, so logistically you can only make a run at 5 schools. I have 5 or 6 months to figure it out.

Lynx, a 700 is definitely doable. Focus on quantitative and make sure you can get a 49 or 50 there. That is the easiest route to 700+. It is possible to get a 700 with a 50Q/34V. A 45/40 is also a 700, but verbal can be tricky. The 770 was a 50/47.
Posted by Bayou Tiger
Member since Nov 2003
3736 posts
Posted on 12/21/09 at 9:06 pm to
quote:

I don't think anyone can be considered a shoe-in for any of the top 10.
Especially if you are a white male. Your best bet is for your work experience to also provide good diversity for the class (i.e. not yet another Big 4 accounting firm dude).
Posted by Bayou Tiger
Member since Nov 2003
3736 posts
Posted on 12/21/09 at 9:10 pm to
quote:

Lynx, a 700 is definitely doable. Focus on quantitative and make sure you can get a 49 or 50 there. That is the easiest route to 700+. It is possible to get a 700 with a 50Q/34V. A 45/40 is also a 700, but verbal can be tricky. The 770 was a 50/47.
Word of warning -- I actually messed up on the quant because I took it for granted. As an engineer I just figured I would show up and nail it (like the GRE math). On the GMAT, I actually did better on the verbal than the quant but still pulled 700-something (good enough to get into ULL!).
Posted by lynxcat
Member since Jan 2008
25215 posts
Posted on 12/21/09 at 9:45 pm to
The Quantitative section will definitely be my strength. Verbal will only bring me down.

I've been told that Quant is very geometry based? Any truth to this?

I will potentially be graduating summa cum laude so I am hoping my GPA gives me a little bit of a bump. I know the GMAT outweighs the GPA scores, but I guess mine can only help at this point.

Applying for graduate school feels like the biggest crap shoot ever. I am hoping to be called in for interviews from some of the top schools. I think that will be the strongest part of my application if I can be called in for one.

Thanks for the words of wisdom
Posted by JustinTI
New Orleans
Member since Nov 2006
211 posts
Posted on 12/22/09 at 4:02 pm to
quote:

lsu711


Are you applying anytime soon? I’d be very curious to see what schools you apply to and how you fare with them. I seem to have a very similar story/stats to you…Very good undergrad and post grad GPA, high GMAT (760), non-Ivy League degrees (LSU), no Goldman type experience, etc.

Honestly, I’m not even sure if I want to get an MBA. Part of me thinks I would be crazy to pass up the opportunity at a top 10 MBA *IF* I could get in to one of those schools, which I'm not sold on. But, the other part of me think I’d be crazy to leave a job I’m happy at and move across the country and drop $100k in tuition…Either way, I’ve got a couple years before I need to decide.
Posted by lsu711
Member since Sep 2003
15384 posts
Posted on 12/22/09 at 7:06 pm to
quote:

lynxcat

I didn't find quan to be geometry heavy, but I do geometry everyday. The most difficult part for me was number properties and it seemed like that was 50% of the test.

quote:

JustinTI

I am planning to apply next year. Applying is relatively harmless, but I don't think I'd make the jump without a decent scholarship package. I'm not sure what field you are in, but I have a non-traditional MBA background which can be an advantage. Also, I went to Vanderbilt for grad school, so hopefully that somewhat covers for LSU. I'll let you know how it goes.
Posted by John Merlyn
Member since Oct 2009
2203 posts
Posted on 4/6/10 at 3:47 pm to
This thread was helpful.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/6/10 at 4:55 pm to
Hell of a bump.
Posted by STEALTH
Kansas
Member since Feb 2008
958 posts
Posted on 4/6/10 at 6:50 pm to
quote:

I took the GMAT last month and got a 770


Seriously, that is amazing...

I would think just about any school in the country would like to add your score to their stats. Good Luck.

Posted by lynxcat
Member since Jan 2008
25215 posts
Posted on 4/6/10 at 8:59 pm to
I started reading this thread thinking it was new....and then started recognizing parts...and..oh, theres 5 posts I made months ago.

Great bump with a lot of useful information. It is interesting to see what my thought process was then vs. what it is now.
Posted by Cantstandya
Baton Rouge
Member since May 2005
440 posts
Posted on 4/6/10 at 9:58 pm to
Yeah, good bump.

At the time of the OP, I was trying to decide between LSU and Tulane. FWIW, I picked LSU. Maybe if this thread gets bumped again in 2 years I'll let you know if it was the right choice.
Posted by kingfish25
Member since Jul 2009
287 posts
Posted on 4/6/10 at 10:22 pm to
quote:

lsu711

i am currently studying for the gmat for the 3rd time. I can't seem to break the 650 mark. What did you use to study? Any courses?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/7/10 at 5:26 am to
I need a roommate.
Posted by Jason9782003
Member since Aug 2007
3738 posts
Posted on 4/7/10 at 9:42 am to
quote:

LSU vs Tulane

40K vs 80K

Worth it????



No, if you're just going for an MBA. Actually, I was accepted to both and was struggling with the same decision. I talked to three TU MBA grads and all three said go somewhere else if you're paying for it. One even suggested UNO over TU


At the end of the day it really depends on why you're getting an MBA. Also, if your employer is paying for it obviously they think highly of the school you're going to.
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