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re: UH and Rice Energy MBA programs
Posted on 3/25/14 at 11:21 am to AlexLSU
Posted on 3/25/14 at 11:21 am to AlexLSU
Few thoughts (knowing people that have gotten MBAs both at Rice and UH, and they live in Houston)
1) The price is steep. All four people I know (2 at Rice, 2 at UH) had their employes pay for most, if not all, of the program.
2) The amount of money an MBA can make in the energy industry is obscene. I know energy traders in their 30s making 400K a year.
3) It's a lot of work. You do your full time job and then do this on weekends. Homework and study during the week. If you already work a lot of hours and have family, be prepared for everyone to make some sacrifices.
4) The UH degree will get you plenty of mileage with companies that have locations in Houston (and there are plenty of those). The Rice degree will get you mileage across the world.
1) The price is steep. All four people I know (2 at Rice, 2 at UH) had their employes pay for most, if not all, of the program.
2) The amount of money an MBA can make in the energy industry is obscene. I know energy traders in their 30s making 400K a year.
3) It's a lot of work. You do your full time job and then do this on weekends. Homework and study during the week. If you already work a lot of hours and have family, be prepared for everyone to make some sacrifices.
4) The UH degree will get you plenty of mileage with companies that have locations in Houston (and there are plenty of those). The Rice degree will get you mileage across the world.
Posted on 3/25/14 at 1:17 pm to LSUFanHouston
Finishing the UT program. Very much worth it, but it does suck to have half your weekends gone for two years.
I switched careers and got a 30% raise and doubled my bonus. So it was definitely worth it from a financial standpoint. I'll make my tuition back in under two years.
I switched careers and got a 30% raise and doubled my bonus. So it was definitely worth it from a financial standpoint. I'll make my tuition back in under two years.
Posted on 3/25/14 at 2:01 pm to GREENHEAD22
I'm not sure if you're set on Houston, but you should look at TCU and SMU as well.
Posted on 3/25/14 at 2:04 pm to barry
quote:
Finishing the UT program.
Barry, did you do an energy focused program or a general one?
Posted on 3/25/14 at 2:08 pm to PetreauxCat
Not sure what schools offer the energy concentrated MBAs, pretty much all the TX schools?
Also like I said before this is pretty far down the road. Just trying to figure out if and when I need to take the GMAT. For the now it is downhole work and the technical side of things that I am interested in but want to keep my avenues open incase I want to try and make a jump to the business side of things later on.
Also like I said before this is pretty far down the road. Just trying to figure out if and when I need to take the GMAT. For the now it is downhole work and the technical side of things that I am interested in but want to keep my avenues open incase I want to try and make a jump to the business side of things later on.
This post was edited on 3/25/14 at 2:12 pm
Posted on 3/25/14 at 2:13 pm to GREENHEAD22
Posted on 3/25/14 at 2:16 pm to PetreauxCat
Appreciate it, I am going to look around and check the others. Just trying to get ballpark GMAT scores and how many years of full time industry experience is required.
Posted on 3/25/14 at 2:21 pm to GREENHEAD22
nvmd
This post was edited on 3/25/14 at 2:25 pm
Posted on 3/25/14 at 2:46 pm to GREENHEAD22
What's your undergrad major?
Posted on 3/25/14 at 2:48 pm to GREENHEAD22
quote:
You mean UH?
No, the UT MBA program in Houston
Posted on 3/25/14 at 2:50 pm to DWaginHTown
quote:
Barry, did you do an energy focused program or a general one?
General. I find the Energy specific ones to be not be that much better than general. Granted I have 8 years of O&G experience so I wouldn't really need it as much.
Posted on 3/25/14 at 3:08 pm to barry
quote:
I switched careers and got a 30% raise and doubled my bonus.
What career were you in before and what do you do now? Did you change industries or did you change your job role (for example: engineering to finance)?
Posted on 3/25/14 at 3:34 pm to TheIndulger
Industrial Eng.
Let the ribbing begin how its a BS degree. Wanted to do PETE but have been in school way too long already, 4th major. It allowed me to get out soon and still be able to do O&G. I am hoping my experience will open the doors a little easier since IE isnt one of the three standard concentrations.
Let the ribbing begin how its a BS degree. Wanted to do PETE but have been in school way too long already, 4th major. It allowed me to get out soon and still be able to do O&G. I am hoping my experience will open the doors a little easier since IE isnt one of the three standard concentrations.
Posted on 3/25/14 at 3:36 pm to AngryBeavers
quote:
They have a huge alumni network in Houston. If you want to work in Houston it has it's value.
This. I work with a ton of people who have it and went to very good schools for undergrad. I may do it myself down the road. But outside of Houston and maybe some energy companies in Dallas it probably holds no value.
Then again depending on what you want to do in O&G you might not need to be looking outside of Houston much
This post was edited on 3/25/14 at 3:53 pm
Posted on 3/25/14 at 3:52 pm to ShaneTheLegLechler
quote:
Then again if you want to work in O&G you probably won't be looking outside of Houston much
This is BS, and I hear it all the time. DFW and Denver have plenty of opportunities.
Posted on 3/25/14 at 3:55 pm to PetreauxCat
Yeah I just edited it. There's obviously plenty you can do overseas as well. I would guess a UH MBA would hold some value in DFW.
People say Denver has a lot of opportunities but whenever I've scoured the job market there doesn't seem to be much and the jobs that are there are strictly engineering jobs. I'm not saying it isn't true but that's just what I've seen in my limited experience
People say Denver has a lot of opportunities but whenever I've scoured the job market there doesn't seem to be much and the jobs that are there are strictly engineering jobs. I'm not saying it isn't true but that's just what I've seen in my limited experience
Posted on 3/25/14 at 4:05 pm to euphemus
quote:
What career were you in before and what do you do now?
O&G operations/sales to Management Consulting
quote:
Did you change industries or did you change your job role (for example: engineering to finance)?
I'll still be primarily in O&G, but completely different from my role in operations/sales
Posted on 3/25/14 at 4:19 pm to barry
Barry, did you find that doing consulting in Houston allowed you to do more local O&G consulting or do they still make you travel and follow a more generalist route after your MBA?
Posted on 3/25/14 at 4:30 pm to reb13
quote:
Barry, did you find that doing consulting in Houston allowed you to do more local O&G consulting or do they still make you travel and follow a more generalist route after your MBA?
It's going to differ company to company but being in Houston will help to do more O&G work. You will still likely do work in other industries, especially at larger firms.
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