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Is an Executive MBA worth the time/money?

Posted on 10/24/18 at 1:59 pm
Posted by flyAU
Member since Dec 2010
24901 posts
Posted on 10/24/18 at 1:59 pm
I have a career (15 years) and the company would pay some reimbursement for an MBA or EMBA. Looking at the differences, EMBA seems to be more specific while regular MBA's have electives (more time)etc. Also EMBA would be weekend only with 10-20 hours a week of project time.

Ga Tech has an EMBA in my line of work and would give the degree of " MBA - Management of Technology".

The cost is $79,000 for a 18 month course.

I still need to find out the exact reimbursement from my company, but wanted to see if anyone has gone through an EMBA course and if the time and money was worth the impact on your career.

I won't lie, I hated school, but don't want to leave opportunities from my employer on the table if it is worth it and doesn't make my life a living hell.
Posted by Tshiz
Idaho
Member since Jul 2013
7974 posts
Posted on 10/24/18 at 2:02 pm to
80k? frick no.

30k, maybe.
Posted by PortHudsonPlaya
Houston
Member since Jul 2017
3170 posts
Posted on 10/24/18 at 2:02 pm to
If you’re already in management and have the experience, don’t worry about it.

If you are still senior level type then go for it. It could open doors at your current company or future employer.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 10/24/18 at 2:03 pm to

quote:

30k, maybe.


$30k Executive MBA?

Good luck finding one...
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 10/24/18 at 2:03 pm to
If the cost to you was outweighed by the compensation , I go back to school in a second. But i'm a nerd who loved school so...
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132615 posts
Posted on 10/24/18 at 2:04 pm to
Only if its fom devry
Posted by BitBuster
Lafayette
Member since Dec 2017
1969 posts
Posted on 10/24/18 at 2:05 pm to
If we have to figure out that ROI on that 80k then maybe an MBA isn't for you.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 10/24/18 at 2:08 pm to
Some companies limit the positions people can achieve by their top level of schooling. If that's your company, or if you see yourself working for a company like that, go for it (with the understanding that you will probably have to pay it back if you leave soon after you are finished)
Posted by flyAU
Member since Dec 2010
24901 posts
Posted on 10/24/18 at 2:09 pm to
quote:

If you’re already in management and have the experience, don’t worry about it.

If you are still senior level type then go for it. It could open doors at your current company or future employer.


Not currently in management. On the sales side of technology in the medical field. More of a specialist than I am the salesy sales guy, but I do still rely on hitting my number so that is always a question every year.
Posted by flyAU
Member since Dec 2010
24901 posts
Posted on 10/24/18 at 2:11 pm to
quote:

If we have to figure out that ROI on that 80k then maybe an MBA isn't for you.


This isn't a dollars and cents question.

I make more in sales than I would if I had the MBA right now.

I am looking at what others have experienced in it opening up career opportunities. Sometimes you take a job making less if the path takes you to a better outcome in the future.
This post was edited on 10/24/18 at 2:12 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 10/24/18 at 2:17 pm to
quote:

This isn't a dollars and cents question.

I make more in sales than I would if I had the MBA right now.

I am looking at what others have experienced in it opening up career opportunities. Sometimes you take a job making less if the path takes you to a better outcome in the future.


At your age you do it for an oppurtunity. You don't do it to possibly open other opportunities. Spending 90k for something that isn't pretty concrete doesn't seem like a good investment.
Posted by Duckhammer_77
TD Platinum member
Member since Nov 2016
3078 posts
Posted on 10/24/18 at 2:23 pm to
not an accountant - but can some of it be deducted on taxes?
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
37466 posts
Posted on 10/24/18 at 2:29 pm to
quote:

but can some of it be deducted on taxes?

Yeah, 2k per year... Not a relevant figure when you're looking at 80k over 2 years.
Posted by flyAU
Member since Dec 2010
24901 posts
Posted on 10/24/18 at 2:32 pm to
quote:

At your age you do it for an oppurtunity. You don't do it to possibly open other opportunities. Spending 90k for something that isn't pretty concrete doesn't seem like a good investment.


I wouldn't be looking at this if my company didn't reimburse. I still need to nail down exactly what would be the reimbursement but wanted to see if others had experiences in what direction getting one took their career.

I work for one of the largest medical companies in the world, so there are certainly opportunities for me. I just wanted to hear others experiences.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44808 posts
Posted on 10/24/18 at 2:37 pm to
Following.

My industry has a specific MBA that I've been looking at. It's not nearly as expensive as the Ga Tech one that you found, but my company really values those graduates with it.
Posted by baldona
Florida
Member since Feb 2016
24451 posts
Posted on 10/24/18 at 2:41 pm to
quote:

But i'm a nerd who loved school so...


Are you not a realtor?
Posted by Jim Rockford
Member since May 2011
106036 posts
Posted on 10/24/18 at 2:50 pm to
I have an MBA. I wouldn't get one unless my company required it for advancement and they paid the entire tuition. I never learned anything I didn't already know from undergrad or wouldn't have learned on the job. It has some networking value if you're just starting out. That's about it IYAM.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 10/24/18 at 2:52 pm to
quote:

I still need to nail down exactly what would be the reimbursement but wanted to see if others had experiences in what direction getting one took their career.



I'm nearly finished with an Professional/Executive MBA program. Similar timing (~20 months, two evenings a week in person).

It's helped me in three ways:

1. Internally at my current employer - I've been included in conversations/planning items with senior leadership that I wouldn't have otherwise, given my current coursework.

2. Program networking - Not as strong as I would like, but I've broadened my connections in my universe with classmates and faculty.

3. Externally with other employers - We have a strong recruitment program, and while I haven't been offered a role that I've decided to take...doors have been opened with companies that I deem "respected". My resume would have been thrown in the trash if I had just applied for the position(s) on their website.
This post was edited on 10/24/18 at 2:58 pm
Posted by Stexas
SWLA
Member since May 2013
7134 posts
Posted on 10/24/18 at 2:53 pm to
(no message)
This post was edited on 10/24/18 at 10:29 pm
Posted by flyAU
Member since Dec 2010
24901 posts
Posted on 10/24/18 at 2:53 pm to
quote:

It's not nearly as expensive as the Ga Tech one that you found, but my company really values those graduates with it.


What price range is the one you are looking at?

Tech has one of the highest rated EMBA programs in the nation and it happened to also have my specific career/undergrad curriculum. I have no clue if anyone would care if it came from Ga Tech or Kennesaw state TBH.

ETA: Good information from other posters
This post was edited on 10/24/18 at 2:56 pm
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