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re: MBA Programs

Posted on 7/9/20 at 10:03 am to
Posted by Southof10Tiger
H-Town
Member since May 2013
123 posts
Posted on 7/9/20 at 10:03 am to
Rice may carry similar weight to UT in Houston but that is as far as it goes right now. Rice is not quite the brand name that McCombs has become. For the cost, if you get accepted to both, UT is the better choice hands down. By UT, I am referring to the full-time program in Austin. I have no idea about the quality of jobs and starting salaries for people from satellite campuses and online courses.

Also, I forgot to mention that data analytics and healthcare are the hot specializations these days. If you have the mindset to do big data, you will probably have some pretty good offers coming out of school.
Posted by tigercross
Member since Feb 2008
4918 posts
Posted on 7/9/20 at 1:29 pm to
quote:

Guess you're right bruh


The drop off once you get out of the top 20 is pretty steep if you want to recruit nationally. If you want to go to either coast, McCombs is a better bet.

That said, starting comp is virtually identical for both schools--$125k base, $25k signing bonus. Class size at Jones is a lot smaller which is an important factor for a lot of students. If you want to wind up in tech McCombs might be a better choice.
Posted by td1
Baton Rouge
Member since Oct 2015
2840 posts
Posted on 7/9/20 at 1:39 pm to
At least in IT, I can tell you that without a masters of some kind, you will limit your ability to advance later in your career. Many higher up IT positions require a masters and most companies I have seen really want that to be an MBA, especially for Director, VP, CIO, CTO type positions. Some of them don't care if you have certifications out your arse, and 100 years of experience, you will not even get your resume read if you lack a masters degree.
Posted by Thecoz
Member since Dec 2018
2553 posts
Posted on 7/9/20 at 1:53 pm to
in houston...???
UT...Rice.....
MBA is for the non business major to try and switch to business or money aspect of technical industry....in any industry follow the keepers of the money/budget.....they become the vp and evp.....

the very very most important thing about any mba program is what networking/intern doors it is linked to......
Posted by StreamsOfWhiskey
The Woodlands, TX
Member since Jun 2013
586 posts
Posted on 7/9/20 at 5:42 pm to
I went to Rice for my MBA. It’s not the same for everybody, but for me, it was well worth it. Immediately out of school I was making twice what I was making before business school. Today I’m paid almost 5x what I was making before grad school and I was making decent money before b-school.

YMMV
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63516 posts
Posted on 7/9/20 at 6:00 pm to
You can't goto Tulane cos you've been to social gatherings with more than 20 people.
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 7/9/20 at 6:10 pm to
quote:

You wouldn't pay 70k for a 30k signing bonus and median starting income of 115k?


Posted by lynxcat
Member since Jan 2008
24185 posts
Posted on 7/9/20 at 7:07 pm to
Seems like this thread happens every few months on the Money Board. A lot of varying perspectives. I graduated from UT and have been very involved with the school post-graduating. Happy to answer your questions.
Posted by JL
Member since Aug 2006
3046 posts
Posted on 7/9/20 at 7:50 pm to
I did the EMBA program at Rice so I'm biased, but I can share some information from my perspective after lots of research on all the Houston programs. If you are working in Houston and looking to do the professional or executive, you should go to Rice (even friends who did the weekend with UT and A&M admitted they should have done rice). If you are looking to do a full time program you should probably go to McCombs (bigger network, as people have said easier to get a job). Rice full time students have 100% employment rate at graduation with investment banks, consulting firms, etc, it's also a smaller cohort than UT so depends if you like big or small classes. If you want to work in Houston, Rice carries tons of weight. Outside of Houston, it's not as well known as McCombs.

If you are working, doing the weekend program at a hotel doesn't offer a lot of the benefits Rice offers. You have a fixed curriculum and don't get near the networking you would get at Rice. Rice has tons of electives if you want to specialize in different areas (real estate, finance, healthcare, entrepreneurship, etc). You also aren't limited to weekends. You can take any weekday or weeknight class. Being a small school has a lot of perks, they have tons of student led investment groups, a student managed fund, etc. Rice also runs the ION in Houston and is the #1 graduate school for entrepreneurship in the US and #3 for finance (Princeton Review). They have spent a ton of money over the past few years bringing in top professors. If you stay in Houston you can go back to Rice and audit any class you have interest in after you graduate. You won't get that option with the hotel schools.

As many have expressed, you can learn the finance and accounting stuff on youtube. If you want to develop in organizational behavior, leadership, crisis management, strategic planning, business strategy, etc. It's hard to learn online. Our class has doctors, lawyers, CEO's, CFO's, engineers, IT, etc. so you get a background from a lot of different people and it really builds your network. If you are looking to change careers or get into investment banking or something, you better do a full time program at McCombs or rice and be under 30. Professional programs have some opportunities for changing careers. A lot of the Rice people are entrepreneurs looking to start businesses.

If you go spend the money to get an MBA, you better know exactly how you plan to use it when you graduate or you will waste your money. If you know what you want to do with it, find the school that fits you best. Anything online is a waste in my opinion.

Houston ION
Posted by DaRobber
Hangin' with the ranters
Member since May 2006
309 posts
Posted on 7/9/20 at 8:02 pm to
I’m curious if anyone has finished the LSUS or ULL online MBA and gotten a raise, a promotion, or a new job offer because of the degree.
Posted by AUCE05
Member since Dec 2009
42574 posts
Posted on 7/9/20 at 8:04 pm to
Look at Auburn or UAB.
Posted by lynxcat
Member since Jan 2008
24185 posts
Posted on 7/9/20 at 8:06 pm to
There are thousands of posts on the Money Board on this topic. In short, those programs are great for certain fields or types of jobs, family situations, and affordability. They check a box and are as cost effective as one could hope. In majority of cases, they are best used for continuation of career at current company. They won’t open doors in investment banking, consulting, strategy, F500 brand marketing, etc. type of positions.
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